Bringing Transparency to $100bn+ Medical Tourism
Smart contract blockchain
The Etheal Trust Score (ETS) will reflect the general reliability of a wallet address. The score is a combination of factors, including how early and well a specific wallet address upvotes important and popular content and how much HEAL token the address owns.
The idea for ETS is based on the “believability score” from Bridgewater Associates - the biggest and most successful hedge fund in the world. Compared to a democracy where the majority decides, or autocracy where a selected minority decides, the believability score fosters idea meritocracy by weighing the votes of how believable the voter is . ETS will be used to weigh upvotes when calculating stakes for the Weekly Contribution Endowment Fund.
The Etheal Rank Score (ERS) will reflect how much total value a user has generated in the ecosystem by, for example, writing useful content, showing up for appointments in time, or getting good reviews. The Etheal Rank will determine what special features an account has access to, like moderating disputes. Each transaction will be recorded in the blockchain with the address of the service provider and user, and encrypted details of the transaction. Both parties can write a review based on each transaction, and open a dispute when necessary. Resolving disputes without external intervention will be incentivized, but when necessary the issue will automatically be forwarded to a committee of moderators. Etheal Trust and Etheal Rank scores of all participants are updated automatically.
Care providers will be able to embed their reviews easily to their personal website with a dedicated review widget and API.
Etheal is a project aimed at changing the sphere of so-called medical tourism. According to the idea of the creators of Etheal introduction of technology blockchain will remove from the chain of unnecessary intermediaries. From the point of view of logic it is difficult to say how blockchain can be used for this, because to remove intermediaries, only a platform like AirBnb or Uber is needed, which successfully works with conventional technologies. The first half of a very long project site, instead of answering this and other important questions, is devoted to various information that tries to convince us that this is a very cool project. There are also positive moments. The team has a large number of specialists and advisers. The smart contract code is publicly available. Declared partnerships with several clinics (for some reason, only dental ones). In general, the project makes a contradictory impression. Before investing, a more detailed research is needed.
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