I didn't quite understand what this coin is about.
Is this a company share or does this coin actually do something? (other than p&d, buy stuff, speculate) From what I see, apparently it is not a currency. If it is not a currency, then what is it?
From your whitepaper:
SUMMARY
Virtual Rehab's evidence-based solution leverages the advancements in virtual reality, artificial
intelligence, and blockchain technologies for psychological rehabilitation for vulnerable populations.
Hmm. Blockchain and psychological rehabilitation. OK. I didn't quite understand. But let's read it anyway.
The disclosed technology includes services in a telemedicine context and can extend to individual
users of the Virtual Rehab solution to serve the B2C market, in addition to hospitals, rehab centers,
correctional facilities, correctional officers, inmates, etc. to serve the B2B market. Furthermore,
using blockchain technology, we can now reach out to those vulnerable populations directly, to
offer help and reward, by empowering them with the use of Virtual Rehab's ERC-20 VRH Token
within our network.
How the hell are you planning to reach vulnerable populations directly by using blockchain?
Let's say I am one of those vulnerable people and I bought these tokens to heal myself, how is it going to affect my health? Are you going to send your doctors to my house? "Help and Reward?" I thought you were going to help me since I already bought the tokens. (already paid the price for the service) Am I going to heal myself by watching the price chart Now? That sounds great tbh. I don't have any problems with that If the token goes
up up up up and fckn
UP forever and heals the whole world.
Read further and further, many technical stuff I am not interested in... btw, I am only interested in what this coin is about. Don't care about the rehabilitation stuff. We already got professionals for that.
Anyway kept reading and reading still wondering what this token is about aaaand I finally reached the last part...
VRH TOKEN
The Virtual Rehab Token (VRH) has been created as a centralized currency to be used within
the Virtual Rehab network. Users will be able to purchase and sell VRH tokens in exchanges.
BAM. Wohoo.
So I was right.
If you have such a great idea about rehabilitating people... Why don't you just open rehabilitation center (or a website since you are talking about virtual reality stuff) and sell your services for Bitcoins?
Sorry but your project is a piece of shit and a scam.
********
I made this review because
VirtualRehab kindly asked for it me via PM. I hope he enjoys it.
Hi mindrust,
Thank you for your comments. Much appreciated.
Hopefully, the explanation below will put things further in perspective as your questions are quite valid.
So, what is the utility of the VRH token?
In a nutshell, the VRH token is an ERC20 utility token that empowers users to purchase services and to be rewarded for seeking help through Virtual Rehab’s online portal.
What does that actually mean?
The VRH utility token has four use cases:
- Allows users to order and download programs from Virtual Rehab Online Portal
- Allows users to request additional analysis (using Virtual Rehab unique expert system, which uses Artificial Intelligence) of executed programs
- Incentivizes users with VRH tokens reward for seeking help and counselling from medical doctors, psychologists, and therapists (Proof of Therapy)
- Allows users to pay for services received at the Virtual Rehab Therapy Center (VRTC)
Delving a bit more on "Proof of Therapy"?
Users can either trade the VRH tokens on exchanges or they can use the VRH tokens to purchase more services from the Virtual Rehab Online Portal.
Now you may wonder, what if they just use the tokens to make money?
That is definitely a possibility. However, just like anything in life, we sometimes tend to do things which we are forced to do in the beginning, and then we get used to them afterwards.
This is no different. In fact, it is medically proven that the more and more someone gets in the habit of doing something, they become used to it after a while.
Therefore, in this case, by allowing (or forcing, depending on how you see it) the user to visit the medical doctor, psychologist, or therapist every now and then, the user will improve their mental health and psychological mindset, and will benefit from these sessions indirectly.
One of our keen investors is a therapist for soccer players and you know what he shared with us? He loved the "Proof of Therapy" since he shared with us that the best incentive that you can get a soccer player to lose a couple of pounds so that they remain in shape was to reward them with cash in order to stay in shape.
That's exactly what we are doing here. We are telling the patients to go out there and make use of our evidence-based programs (which has already proven its efficacy in the B2B world), AND seek help and counseling from medical professionals. Once they do that, and provide anonymous proofs that they have done so, they will be rewarded with VRH tokens, which they can re-use within the Virtual Rehab network to get more programs and more rehabilitation treatment.
We wrote an extensive and one of our most popular articles about Why Virtual Rehab Needs a Blockchain on Medium:
https://medium.com/@VirtualRehab/why-does-virtual-rehab-need-a-blockchain-1df016b37612If you delve further in the issue we have mindrust and the background of the problem, you will see where VRH comes in handy and blockchain in general.
When dealing with the most vulnerable populations out there, privacy and security of information/data shared, become extremely important. Unfortunately, as of today, this information is publicly available and could be accessed through online databases which expose the identities of these vulnerable populations. As a result, this prevents these populations from re-integrating back into society and becoming an effective part of it as well.
Fortunately, this level of privacy/data protection can all be made possible when integrating blockchain technology as part of the Virtual Rehab solution. We will not gather the first name or the last name of these vulnerable populations — they will be associated with a wallet address. The only information which will be gathered are the age, gender, race, biometrics (heart rate, blood pressure, biodermal activity), and eye-tracking. This will ensure complete HIPAA compliance and anonymity of these vulnerable populations information/data.
Moreover, Virtual Rehab is solving an even bigger problem which is data sharing among medical institutions, correctional departments, researchers, and patients worldwide. As of today, this data cannot be accessed due to privacy and patient protection laws. However, with our Virtual Rehab solution, everyone will have access to this information, which is completely anonymous and would allow for a database of input data and metrics to be accessed, which can further enhance existing research in the area of mental health through the global collaboration of researchers and medical professionals from around the world. Patients will also be able to access this data and find some synergies or relations with their existing symptoms and attempt to apply some best practices accordingly.
Moreover, since our inception back in 2017, we have led this transformation and are regarded as a market leader in what we do.
Some of our notable successes include the following:
- Evidence-based solution with proven efficacy results approved by physicians, psychologists, and therapists
- 87% of participating patients have shown an overall improvement across various metrics
- Described by US Digital Government Head as a “capability that is very very promising for public services”
- Only VR/AI company included in the US Department of Justice, Institute of Corrections Environmental Scan report
- Partnership agreements in-place across the North America, Europe, Middle East, and APAC regions
- Only company to represent Canada as part of the Canadian Delegation to Arab Health
- Selected as one of Canada’s most promising high-growth life sciences companies (Dose of the Valley, CA)
- Featured by Microsoft’s leadership team at the Microsoft Inspire Innovation Session
- Nominated by The Wall Street Journal for the WSJ D.LIVE Startup Showcase (Laguna Beach, CA)
- Ranked by Spanish media as the first option for training correctional officers and rehabilitation of offenders using virtual reality
- Founder awarded with the “Expert” status by the United Nations Global Sustainable Consumption & Production (SCP) Programme with focus on Sustainable Lifestyle and Education
- Selected as one of the top innovative companies in Montreal, Quebec, Canada and will be included within the Montreal Innovation Ecosystem publication
- Featured by the media across 28 countries
Hopefully, this puts things further in perspective.
Thank you once again for posing these excellent questions and for helping us clarify further.
Regards
