NEW YORK, Jan. 31, 2018 /PRNewswire-USNewswire/ — Hoping to counter some of the most serious practical and ethical issues in the modern market for medical information, PeerAtlas is developing a database of valuable research, records, and algorithms. An ambitious venture with the potential to revolutionize the medical industry all over the world, this platform will be holding its ICO in March of 2018.
Given the rapid pace of medical research and technological development, doctors, nurses, and other healthcare professionals need access to a large volume of information throughout their careers. But because of the high costs and profits of publishing and reviewing this information, a handful of publishing companies dominate the market for it, making it expensive and difficult for practitioners to get access. Medical journals typically charge hefty subscription fees, putting their publications off limits to those individuals who cannot afford to pay that much. Those that don’t rely on subscriptions turn to advertising revenue instead, leading to a host of ethical compromises.
PeerAtlas forgoes both subscriptions and ads, offering its knowledge to physicians and other medical providers free of charge. The platform is assembling a vast network of peer-reviewed research, algorithms, and records that will allow both current and prospective providers to expand and update their knowledge as needed. By compensating researchers and publishers through community donations and generating its revenue by redeeming continuing education credits for cryptocurrency, PeerAtlas can obtain all the information it needs without making ethical compromises. This independence sets the stage for higher standards of quality and knowledge among medical practitioners the world over.
The Importance & Limitations of Traditional Medical Publishing
Modern medical care is advancing at an increasingly rapid pace. Not only are researchers and developers all over the world diagnosing new diseases and creating new treatments on a daily basis, but technologies that seemingly have nothing to do with medicine are frequently being used for medical purposes. Mobile devices, for example, offer access to medical information that can help patients stay healthy. Likewise, nanotechnology may be used to more accurately diagnose and treat certain diseases. For doctors, nurses, and other medical providers to do their jobs correctly, they must stay up to date on all such developments.
Staying informed on so many new medical developments is made even more difficult given the financial barriers to accessing this information. It is highly expensive to conduct such research, meaning only a handful of publications can afford to bankroll it. These publications are then able to corner the medical information market and demand high subscription fees from all who hope to read their research. This makes it harder for doctors and nurses to afford access to new medical information, limiting their ability to learn everything they need to know to do their jobs correctly.
In hopes of making medical information more accessible, some publications have begun to rely on advertising revenue, allowing them to lower or even eliminate subscription fees. But advertising creates its own set of issues. Advertisers often attempt to influence what kind of information medical journals make available, compromising the accuracy of those publications. As a result, medical professionals are forced to choose between paying hefty fees for their knowledge and relying on publications that may not be trustworthy.
PeerAtlas seeks to eliminate this dilemma, offering medical information that is both affordable and accurate. The platform is assembling a digital encyclopedia full of peer-reviewed medical articles, as well as algorithms that medical providers can use to interpret new information and offer tailored care. To ensure full quality and accessibility, PeerAtlas will take advantage of:
- Professional Publication– PeerAtlas will only allow verified medical professionals to publish information on the platform by using identity verification technology on the NEO blockchain. This ensures that new data comes from those who have the skills and training to offer it, limiting the potential for fraudulent or inaccurate information.
- ATLAS Token & Donations– To compensate medical professionals who publish on the platform, PeerAtlas is issuing its own token, ATLAS. The ATLAS token can be donated from the community directly to everyone involved in the content creation process. Medical providers who use the platform will also be able to redeem credits for continuing education for Atlas tokens. This obviates subscriptions, advertising, and other revenue-raising measures that might make the platform less accurate or accessible.
In addition to medical research and algorithms, PeerAtlas hopes to eventually gain access to electronic medical records (EMRs). If it is able to do so, the platform will take steps towards developing treatment recommendations tailored to each patient they serve.
The PeerAtlas ICO
PeerAtlas will be creating a fixed supply of 100 million Atlas tokens, 67 million of which will be available for sale. The first 17 million of these tokens will be released during private and public pre-sales in March of 2018, at a price of USD $0.1941 each. PeerAtlas will then sell 50 million tokens at USD $0.234 in a public ICO, which will last throughout March of 2018. The revenue from these sales will provide the funds to enhance the platform’s code, recruit skilled medical professionals, and take other steps to ensure long-term success.
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