There are a lot of “blockchain” projects that only touch the blockchain simply to deploy their token. Mosio’s experience in healthcare and research helped us devise numerous ways the blockchain can be leveraged to improve health, wellness, and research, worldwide via our Clinicoin App. The most front and center use of the blockchain is our Proof of Engagement (PoE) system, which is used to confirm engagement activities (exercise, meditation, completion of desired health or research-related activities). Within Proof of Engagement (one example shown in the diagram below), there are numerous use cases that can exist.
It is important to remember, however, that Clinicoin is an industry-wide platform, and not just a new feature offered by Mosio. As an open and decentralized platform, Clinicoin will rely on an industry-specific blockchain (sidechain) to store transactions. This blockchain will be publically accessible, but customized for industry use-cases, including:
Rewards and Incentives
The most fundamental use of the blockchain within Clinicoin is to allow providers and researchers easy access to distribute valuable incentives to users. The CLIN token implements the ERC20 standard and is published on the main Ethereum blockchain. Clinicoin smart contracts will allow users to sequester tokens on the Ethereum blockchain for use within the sidechain and allow tokens in the sidechain to be withdrawn to the Ethereum blockchain.
A pool of 600 million CLIN tokens are reserved for distribution to users for completing healthy activities via the Clinicoin app. The primary purpose of this pool is to grow the Clinicoin user base, and distribute tokens among many users.
Microtransactions
Distribution of small amounts of tokens, either automated or sent peer-to-peer, will happen on the Clinicoin sidechain. The current cost of running a transaction on the Ethereum blockchain (i.e. gas price) prohibits using Ethereum for transactions of tiny value. These transactions, which include automatic distribution of anywhere from 1 to 1,000 CLIN tokens to a user, are an essential part of the incentive infrastructure of Clinicoin. These transactions are processed via smart contracts and user interactions on the Clinicoin sidechain, and token balances on this sidechain are able to be withdrawn to the Ethereum blockchain as requested by the users. Tokens on the sidechain represent tokens on the Ethereum blockchain, and do not allow for an increase in total token supply.
Identity Management
Workers in the health and research industries face an omnipresent security challenge of working with both personally identifiable information (PII) and protected health information (PHI). Blockchain technology presents a novel approach to managing both PII and PHI by taking advantage of the cryptographic functionality fundamental to the technology. Users can be represented by their wallet addresses or public keys, and ownership of the identity can be proven using the private key. Multiple identities can easily be created using deterministic approaches, allowing for further de-identification of users. One challenge however is in managing recovery of lost identities. Clinicoin will be exploring and working with other vendors to implement a robust Identity Management system.
Resource Lists
Due to the decentralized structure of Clinicoin, developers and vendors are able create applications which setup private messaging paths that interact with the app and appear as native messaging. To ensure the validity of these paths, Clinicoin will use the sidechain to publish directories of applications and their associated details. Directory entries may include URLs, identities associated with the app, descriptions, required permissions, etc.
Event Confirmation and Communication
Managing the well-being of a single person typically involves many providers and vendors working together. This is true in the clinical trials industry where Mosio has strong experience, and it is true in healthcare in general. In order to bring greater coordination to an industry that is slow to share data due to security concerns, Clinicoin will use smart contracts and its identity management to allow vendors to publish events securely as transactions on the sidechain. For example, these transactions will be used to audit progress through a clinical trial, to enable vendor coordination, and to trigger new actions and messaging based on the event type. All event transactions will be signed by the vendor and timestamped.
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