Gate.io AMA with CareCoin-For the Better Future and Better World

Time: December 20th, 2022, 13:00 AM (UTC)

Gate.io hosted an AMA (Ask-Me-Anything) session with the Founder & CEO of Well Medical Group, Yamanouchi in the Gate.io Exchange Community.

Official Website: https://www.wellnesscares.io/

Twitter: https://twitter.com/carecoinfo

Follow CARE on Telegram and Twitter.

Guest

Yamanouchi — Founder & CEO of Well Medical Group

After working for Daiichi Pharmaceutical and Capital Partner Securities Medical M&A, I established a management consulting company for medical institutions in 2016. Not only a consulting position but also managed medical corporations and other businesses myself. Currently, I am involved in the management of Clinic 9ru, THE PREVENTION CLINIC TOKYO, which opened in 2021.

Q&A from Gate.io

Q1: How did you come to the idea to create your project?

Yamanouchi: After working in the medical industry for over a decade, I realize that healthcare providers, healthcare recipients, and data providers are facing various inefficiencies and issues.

First of all, business development issues.

Healthcare providers face significant challenges in capturing and processing large data sets due to inconsistent standards for electronic health records and insurance systems.

It is difficult to mutually distribute data among providers, which results in a lack of incentive to increase the number of cases and opportunity loss for the development of medicine and diversification of services.

Second of all, issues for healthcare recipients.

All people who receive health care services face the challenge of proactively managing their own health status and health data. There is no reward for working on prevention and recovery in an unwell state. And some people might feel medical checkup is stressful. As a result, most patients will not go to the hospital until the disease is actually diagnosed.

Last but not least, issues for data providers.

People who undergo advanced medical procedures are taking risks and providing sensitive information for the development of medical industry. However, they don't get rewarded for that data. Besides, there is also the risk of unwanted leakage of sensitive data.

A business partner introduced blockchain technology to me when I was struggling to find a solution, and that’s the start of CARE.

Q2: Please tell us more about the project.

Yamanouchi: The purpose of CARE is to revolutionize the world from a medical perspective so that all people in the world can be free from various diseases and lead healthy and satisfying lives.

Our native token CareCoin is a utility token for CARE ecosystem that manages medical and health data using decentralized blockchain technology. The token is designed to solely be used as a secure method of remittance within the CARE platform.

The CareCoin also functions as loyalty membership points that provide users with a certain amount of access based on the amount of CARE staked.

Q3: What is your main strength and unique feature as a project?

Yamanouchi: As far as I know, the most significant idea of Web3 for healthcare is data ownership, which is a great use case of blockchain technology. The CARE aims to build a platform to serve more than that.

The CARE platform provides access to a variety of personalized healthcare services based on iPS cells and AI. The value exchange will take place in CARE tokens.

As the founder of CARE project, I also manage two medical facilities.

One medical checkup clinic and one anti-aging clinic. The two facilities joined the CARE ecosystem from the start of the project.

In addition, we have a great business partner called I Peace.

It's a company established in Silicon Valley, U.S.A. by Dr. Koji Tanabe (Kyoto University), who was named as the second author in the Nobel Prize paper by Professor Shinya Yamanaka of Kyoto University on the successful cultivation of iPS cells.

The I Peace will also join the CARE ecosystem to serve iPS cell banking.

Q4: Who are the ideal consumers for these services?

Yamanouchi: This project is ideal for those who take care of their health and want to properly manage their health data and personal information, as well as those who are interested in beauty, unwellness medicine and want to enjoy life more.

Q5: What is CARE's plan for the holiday season?