TwinToken is a new system that will make your healthcare data safer, while also making it easier for doctors or other medical entities to gain access to your total healthcare data. TwinToken will also process your prescriptions, using artificial intelligence (AI) and deliver your medicine right to your doorstep.
What Is TwinToken?
TwinToken will use artificial intelligence (AI) and Blockchain technology to revolutionize:
- the pharmaceutical logistics value chain; and
- the fragmented universal patient history record.
In layman’s terms, it means that TwinToken plans to transform the way the health industry deals with the transport of medications to patients and the different patient history records that get accumulated when you visit different doctors. TwinToken aims to merge all these different patient records of the same person into one medical file that any medical professional can have access to.
This saves the patient some valuable time; because he won’t have to repeat his medical history to a new doctor and their new doctor will be able to consult with their previous doctors regarding the patient’s condition. Overall, we can see that this new platform will shave off around 15 minutes per consultation because the doctor will be able to see all the information that is available and after the consultation, the doctor will not have to waste time in paperwork; he can just update the patient file.
After the required medications have been prescribed, the AI will be able to send those medicines directly to the patient’s house. Using TwinToken applications, the patient will be able to keep records of the number of medications they have to take and when. From this, the AI will monitor the patient for any unforeseen circumstances.
The integration of Blockchain technology will also make patient records that much more secure.
TwinToken (XTW) ICO
XTW’s initial coin offering (ICO) has already started since the 1st March of 2018. TwinToken (XTW) is an ERC-20 token, which is standardized on the Ethereum Blockchain. TwinToken’s team have not set a Softcap, but their Hardcap is at 10 billion tokens. 5 billion XTW tokens will be sold in the ICO. The tokens that are Purchased will be released into the investor’s wallets within 14 days of the closing date of each phase.
During phase one and phase two, a total of 4 billion XTW tokens will be sold for Ethereum. In the third phase (cash sale), 1 billion XTW token will be sold for fiat currency.
Phase one of the token sale has already ended. Phase two has started in 1st of April and will last until 31st May 2018. Side by side, a cash consideration sale has already started and will last until 31st May 2018.
XTW Token Allocation
50% of XTW tokens will be sold off in the ICO. From there, 20% will be held by the founding and advisory teams, another 20% will go to strategic partners (to promote the acceptance of TwinToken as a form of currency around the world), and the final 10% will be held in the company as reserve.
By the end of 2018, TwinToken is set to push their app into its beta phase. It’s AI design is also set to be completed by the end of the year. At the start of 2020, TwinToken hopes to roll-out the full version of their application.
TwinToken certainly looks to be very promising. Not only will it help to improve consultation time, it will also reduce medicine fraud that is done by both medical personnel and drug addicts. All in all, TwinToken has the chance to transform the health industry as we know it, for the better.