Exclusive interview. Apollonia - the decentralized solution for storing medical data

Exclusive interview. Apollonia - the decentralized solution for storing medical data
Nov 14, 2018 by Rico Wise

BASE.INFO team has interviewed Dmitriy Afanasyev the Founder of Apollonia project. We have asked the most topical questions to get acquainted with the project and to learn the future plans of the Apollonia team.

Please welcome, Dmitriy Afanasyev.

Please describe your company/project in 2 sentences.

Apollonia is one secured place where patient and doctor can interact with each other and share medical data. This is healthcare ecosystem that includes electronic health records, telemedicine, medical tourism, medicine e-commerce, insurance policies and development of open markets for medical data trading.

Why did you decide that blockchain should be the basis of your project?

Initially appearing in the financial sector, blockchain technology gradually recovers new positions in such industries as insurance, real estate, logistics and pharmaceuticals. The use of this technology contributes to a creation of a secure and safe space for companies activities. Blockchain allows to store and transfer data between several counterparties and to open temporary access to verified users. The use of smart contracts automates the work, protects interests of participants of a deal and also reduces costs of maintaining the ecosystem.

Due to the fact that in some countries there are restrictions in the storage and use of medical data that prohibit the direct use of elements of mathematical de-identification (what blockchain technology is built on), the Apollonia team organizes the technical architecture of the project by regulatory requirements in each of such countries. Either for citizens of countries with no restrictions for storage medical data storage, allowed or not directly prohibited to use of mathematical de-identification, it is possible to build the technical architecture of the project in the Apollonia ecosystem with the best use of cryptography of this revolutionary technology.

The project team considers blockchain as the most optimal way of data encryption currently existing in the world. Therefore one of the key missions of the team is the dissemination and popularization of the blockchain technology. There have been some positive signals in this direction.

Briefly describe your team. Why these people became the engine of your project?

All key members of the Apollonia Team are professionals with vast experience. Information and links to LinkedIn profiles are available on the website https://apollonia.io/

The Team consists of 21 members at the main office and some staff outsource all over the world.The team has experience in implementing large projects, combining with highly specialized professionals in their fields. This is the engine of the project that moves healthcare industry for more convenience and safety.

What are the main centerpiece and the highlight of your project? What will attract the investors' attention?

Long-term experience in healthcare software development and optimization. Demands of the target audience are defined and solutions are created (EHR systems for dentists, pediatrician and cardiologists). Our solutions are being used by clinics. Also we have clear picture how to mix telemedicine, ecommerce, ehr systems and provide our core audience with single secured space for interaction.

What are your thoughts about ICO marketing? Can it be really effective due to all the restrictions and other phenomenas?

For sure it will be effective if you act in accordance with law. A lot of people are interested in investments to ICOs and our task is to bring them information about us.

Why is your project better than your competitors?

There is no all-in-one medical ecosystem like Facebook for communication or LinkedIn for business. Existing products do not solve main issues as medical data fragmentation, data security, fraud cases etc. Customers are not satisfied with existing products due to their prices and inconveniences to use.

The main difference is that Apollonia project is a unified place for interaction between main participants in the Healthcare industry. The platform has online consultations, telemedicine, medical tourism, insurance, online marketplace. And also the database for storing medical data. The platform simplify the communication processes between patients, clinics, pharmacists and insurance. By saving their time they will be able to improve the quality of their services.

What are the major ways of monetization for your project?

Our business model is based on:

SaaS;

Transaction broker;

Advertising;

Which markets are the most attractive for you right now? Do you take in consideration the USA and other countries with the legal restrictions for the crypto crowdfundings?

Our main focus is Asia. For sure we'll look for opportunity to go to US market with Security tokens after we perform our utility token sale campaign.

Describe your project in 3 years? Will it change something in the world?

According to our business plan, after the third year, our project will cross the break-even point. Apollonia will improve health of population of at least 10 countries. Many people will become accustomed to the convenience of online Healthcare on which our project is built. Our token is actively used. The industry is getting better, more convenient, safer.