VISION OF A HEALTHCARE UNIVERSE

The term Metaverse is becoming more and more popular not only in the Crypto community or venture capitalists, but also in the general public thanks to the fact that the founder of Facebook decided to change the company name to Meta and switch their concentration to Metaverse with the hope of building a virtual universe of its own on the Internet. Along with that, a series of new blockchain projects have been born to contribute to shaping that premitive universe, one of which is the idea of ​​​​a universe dedicated to the healthcare sector.

Source: Dribbble

Overview

The idea of ​​​​the healthcare universe was first mentioned in a potential project called IVIRSE, with the ambition of creating a closed ecosystem using blockchain technology, where most of the medical examination and treatment processes occur. Basically, it can be done as an intermediary between the patient and the healthcare provider. This universe will act as a decentralized market, where all data transactions between the parties are guaranteed to be highly secure and transparent thanks to blockchain technology.

This universe is also the premise for the birth of a new term called “smart hospitals”, with the idea of ​​​​building a network of digital medical facilities in cyberspace to completely replace traditional registration and examination procedures, which are often cumbersome and time-consuming, as well as increasing the quality of diagnostic results which are expected to return in no time.

The foundation for building the healthcare universe

The first model of the healthcare universe proposed by IVIRSE includes a platform that enables the sharing of medical data around the world, stored in the clouds of the universe’s ecosystem. In particular, all processes of analyzing, storing, and sharing quality data for data mining and AI are carried out under strict security assurance by blockchain technology.

In this simulated ecosystem, smart contracts for insurance and supply chain settlements will be provided. Medical facilities that register as partners of the platform will need to be verified both in terms of service quality and expertise.

As such, the basic ingredients that make up the wellness universe would mostly include:

1. Healthcare providers: where they will make diagnoses based on the health data provided by the user
2. The main users of the platform: each individual will have their own account that acts as a digital wallet, allowing them to store their personal health indicators and only they have full control over how the data is used in the platform.

Utilities provided by blockchain-based universe

The future health universe is expected to be able to provide many innovative utilities to optimize the user’s healthcare experience. For example, the version that IVIRSE is currently developing includes:

• Digitally personnal version in IVIRSE universe
• AR/ VR for the personalized health universe
• Precision healthcare
• Horizontal hospital platform (It has the same meaning as the flat world of the internet. Multi-dimensional space will be used to form an integrated axis of everything in digital health)

Source: The Tech Trend

In that network, participants in the ecosystem should include a system administrator who handles key issues affecting the entire network as well as health service providers as third parties of the network. In addition, AR/ VR/ MR/ AI vendors are also important partners to help build a unified and synchronized digital universe with other universes in the Metaverse. Finally, there are consumers/ vendors, who directly interact and transact on the platform and give life to the network.

On top of that, all participants in the ecosystem are expected to use the network’s internal tokens to conduct valuable transactions. They can convert these tokens to regular altcoins afterwards.

Source: ivirse.com

Summary

Overall, Metaverse is believed by many to be the next evolution of society where most of the physical entities in life will be digitized and have a corresponding avatar in cyberspace, and the medical industry should be no exception from the trend. Although there are still many controversies surrounding the feasibility and usefulness of Metaverse-related projects, the process of digitization is irreversible and the formation of a smart hospital network will surely be a certainty.

For more information about this project, please visit the website: https://ivirse.com