 Hey everyone, what's up? It's Rachel here today. I'm here with Ben and Michael They are the founders of a meet us and they're gonna be joining us for this AMA today. Hey guys. How are you? Thank you very much very good. How are you? I'm doing well. Thank you. Thanks again for joining us today And thank you to the audience for joining us be sure to drop your questions in the chat and to subscribe to our YouTube channel So so Ben and Michael first question to get us started here. What is a meet us? Yeah, so what is I mean is I mean this is medical ecosystem and operating system that combines Nearly all e-help applications that you can find combining medical records video chat prescriptions Appointments second opinions the connection of tracker devices like the Apple watch or withings In one ecosystem to offer these services to patients to doctors to nurses to all health care providers on the market Which is the basis of I met us but I met us is not only these e-help applications. We are actually moving towards the the using of medical data and the claiming of medical data by building up an NFT marketplace to to to sell the data and to gather it and to standardize it Wow, okay. Cool. So medical data being turned into NFTs then that is that is that part of one of the main concepts here Exactly. Yeah, it's one of the main concepts You know, we are we are we have launched the platform by offering the patient centered services to build a base Right to build a base for for this for this ecosystem But we're now shifting more and more towards B2B services. So combining these services and offering Combined and NFTs. I will explain later why we will do it in NFTs and not just in zip files or data packages and Adding more services like one one tool that we call I met as virtual hospital Which is a hospital and practice information system that is also combined with the system and yeah, so that's that's what I met Is this Got it. Yeah Ben could you tell us a little bit about how this idea came about because it seems like there's a lot of Concepts here. So I'm just kind of curious. It seems like this is decentralized health care, but can you elaborate on that a little bit? Yeah, well actually when we started it was our aim to kind of Haven't of a system that really reflects how health care works and That really connects all the important stakeholders in health care Make them come together and exchange the the important data and information that we have and we need of course to Not only improve our workflow, but give patients the best outcome so It came really out of necessity we've been working in hospital we've seen The problems in health care we've been working in pharmaceutical companies as well. So We had some deep insights within that that time about that, you know, the deficiencies in health care and That made us think about a system that we started to build a few years ago and Continued persistently You know going step-by-step and Leading towards Meanwhile already in a working system, of course, it's a system that we will of course extend to bring all Interested and important stakeholders to place and Work with us on on a platform that Allows, you know, not only exchange of data, but you know provide services and And it gives a benefit to to everyone that that uses it and We we deeply believe that death There's you know, huge benefit in in the digitization of health care Not only to the ones that work in the space, but for patients as well so It seems like You guys are taking health care data and putting it on a blockchain network to connect all parties involved Correct. Yeah, correct. You know, I think that a lot of people ask ask us why we do everything in one place And you know, we've both been working as doctors for long years But and I we studied together medicine and Düsseldorf and started our career together in hospital So we had had a good connection there and the thing about health care in Health care it is that it's not comparable to normal IT You know, when you look at different different types of applications like banking or shopping You know, you can create single apps that people use but in health care It's it's a little bit different because you have the hospital IT that will not go away Right, especially in the industrialized countries there are established companies and established IT systems that will stay there forever or for for an uncertain duration of time and When you come with a new application, you will not go to a doctor or to a hospital and say hey guys We have an app for video chat. We have an app for diabetes We have an app for blood pressure It will not work because it's even difficult to teach the staff in hospital to teach the patients use one system And if you have different apps like thousand apps on the phone, no one would use it So you have to standardize it and create a space, you know like A little bit, you know, like like a shopping mall where you offer every service So people just enter this one shopping mall and they can select from the different services using one user experience one user interface one login, which is very important and So they don't have to switch between the systems besides we make a medicine to operable with the existing health care IT Supporting certain standards that are there in health care like fire HL7, you know all this stuff And we also address the different regulations GDPR in Europe HIPAA compliance in the US market and FDA compliant, you know and the markets in Asia For example in the Philippines. So you have to combine everything in one and not in different applications, right? I'm curious to know about the technology behind it. So this is built on a blockchain network, correct Yeah, it's like it's not you know It's not only a blockchain system the blockchain is there to to add a service level basically, you know When you have a healthcare IT system There's a lot of trust issues. You can tell people as a company. You can tell doctors guys We encrypt the data. We don't see your data. We do not access your data Your employer is not accessing your data, but people do not believe you they say They tell us it's like that, but who knows, right? So you have to create a certain an additional level of trust and that's why we use the blockchain for you know, because patient has their own Access to their part of our blockchain of the amethyst blockchain and they can follow up Exactly who access the data who uploaded this PDF who uploaded that x-ray who accessed my emergency files when and with what? Right management setting why did this person access my records? So this gives an additional level of trust Besides we also store data in the in the blockchain not everything but certain parts of the information And we not in this version that is already running, but the next version that is coming up We will even more they decentralize the blockchain nodes and the data By storing it on devices of users for example Um to build this you know to build this additional level of trust which is absolutely important because Otherwise people will not believe you because medical data is the most valuable and the most critical data that you can handle More valuable than banking or shopping and from it, you know facebook instagram all these companies They are dealing with data and there we talk about okay Uh john went to cinema on friday and everyone says okay. This is uh important information But let's talk about a cancer disease. Let's talk about chronic diseases Which is much more valuable and much more important. So you have to save it and you have to give people trust Right, definitely Um, just want to remind our audience and our listeners to drop your questions for ben and michael Um, I have a question actually so there's a token associated with this platform Can you chat a little bit about the token and explain the purpose there? Yeah, sure ben you want to talk you want to explain it? Uh, yeah, well Actually like like matt had said it's an it's an ecosystem, right? So we have several services that you can pay for on our On our platform And using our token will always discount the price. So this is the first thing The second thing is that we are working on On a platform that is called the social medical platform What patients can interact with each other and with healthcare professionals create content It could be video content. It could be written content whatever kind of content Therefore make the platform itself more valuable containing a lot of healthcare information and For this creation of content they will be incentivized So this is one thing. The other thing is of course that we we we connect Hospitals and pharmaceutical companies and patients on a platform work that allows to also stream advertisement And so if there's a company that wants to have advertisement on our platform they will pay either with fiat money or our token which also will be massively discounted Um, so that's that's the main the main thing for the token. Yeah Let's not forget about you know that that are the actual use cases that we have available now in the next steps Combining it with the with the nft marketplace You will use the token to mint to buy to sell the the nfts the data nfts Which will also give you a price advantage Which is very important to look at other nft marketplace like rareable where you can also use the token etc um And we also give people in the next stage of the company the the token holders the possibility of governance so token holders can decide and can Can give their input and decide about functionalities about a product development inside the social medical network for example, right? um And what also is very important about the token at the moment? It's not that it will be a defi token. Why will it be a defi token? The thing is that Let's imagine you have data nfts as a hospital Maybe you're a third world hospital And you have a lot of data that you want to that you can sell and that you can gather, right? Then you can leverage The data inside the nft marketplace against the token and against real money So you have a real value behind it because let's let's let's speak about the nfts a little bit up to now It's very difficult Slashed impossible to price tag medical data Pharmaceutical companies needed research needed needs a hospital needs it Even ai companies will need it um car manufacturers space agencies everyone will be in need of medical data But at the moment you don't have a possibility to say what's the value of a of a data set Let's talk about the patient that has some chronic diseases like a heart disease like my blood pressure or maybe cancer disease or some other chronic condition You are not able To price it. You're not able to to to handle it comfortably You know Bennett, I we both have been also working in the pharmaceutical industry I myself have been a drug safety officer for some time and I did some research And I had to do a lot with with medical data and with research data And it's a big issue because sometimes you get digital forms and you also get paper sheets Where the data is written, you know, and it's it's crossed away. It's deleted. It's it's really you don't have Let's imagine you have a medical trial going on It's really difficult to get good data and pharmaceutical industry and also other industries spend billions in these data because They need it but the quality of the data sometimes really really bad And you have to work something out to make it to make it happen to make the the pharmaceutical trial happen and to to find a Good way and a reasonable way to to to have a trustful trial right and right NFTs what we do is we store data inside the NFTs will be indexable, which is Very important and it's structured in a certain way and it's always in the same quality And it's not it's not changeable. So it's immutable on the blockchain You know where the data is coming from it will be anonymized, which is very important No one inside the platform has to give the data. It's never mandatory people can always decide to do so And they can anonymize the data they can put it into an NFT They can doctor slash hospital or researcher can sign it So you have a signature of an of an authority behind it You put it onto the chain you sell it you can follow up where the data is coming from where it's going to You know, it's not been ordered. It's not being changed. It's not being manipulated And it's always in the same structure which is highly valuable imagine AI which will be the future not only in medicine, but in every type of industry But AI and machine learning as always Depending on high quality data And if you have paper sheets where everything is crossed away and you have you have this this bad data You can have a very very good AI but yeah, I can't work because it doesn't have good data with these NFTs You will have high quality data always in the same structure reliable. You can put it in any trial AI Or research, whatever you want to do And it's anonymized. So no one has a disadvantage from that and combined with smart contracts Everyone gets its part. So there is no, you know, patients don't have to fight for for money Like, you know, in nowadays still it's done in in in poorer regions of the world People are being exploited for their data. They are part of trials and still don't know they are part of a trial Which is highly unethical and which is really bad With this kind of of of technology we will we will pass this and we will we will create completely new ways of income streams income revenues for poorer regions of the world but also for everyone who wants to take part in this And everyone is participated. So it's a win win win situation for everyone Without disclosing the origin of the data Which we think is a big opportunity and a real advantage Right, definitely. I mean there there are a number of advantages to a platform like this And I actually have a follow-up question But before I ask my question we have a question from the audience from factory data lab They're asking what do you think about apple and google? They are focusing also on the health care market and they are close in contact with the end user They track their fitness and health data Yeah, we think this is very important You know, it opens the door for e-health because if you're alone on the market, it's always a bad sign Because they say why am I alone? Maybe it's a bad idea But google and apple they have big divisions Although there are some setbacks just read about that google health is shutting down certain services Because you know, everyone is talking about these regulative problems. Everyone is saying hey guys GDPR HIPAA it's different every legislation every country has its rules But that's something that will be overcome That will will be that won't be a problem in the future because the demand for e-health is high And apple and google also have seen that they've seen that 10 years ago 20 years ago. Maybe even because The corona the corona crisis now has shown it that the health care system as it is Is absolutely insufficient a lot of people don't go to hospital at the moment because they're afraid of infecting themselves with corona And they are staying at home, but they're not in contact with with medical with with medical services with doctors So what do you do? You have to have services like iMedis Like iMedis and like apple and google offering definitely um, so yeah, we we like it very much and we we see a big advantage that the big players are also in this field and are pushing the The Development forward, right. Yeah Oh, go ahead Ben. Yeah, I think the question Uh is more towards if we see them as a problem for our our development, right? as a competitor Actually, we don't see them as a competitor. They are huge and at a certain stage They might take over everything, but I think they will look for a company that Um has set the right infrastructure Those huge companies and by the way, we had some discussions with one of these huge companies um here with one of you know, the representatives so, um We know exactly that they have a focus or in healthcare as well. It's slightly different than ours so they uh, we hope or we we may be um, uh Let's say say that we we could imagine that at a certain point If we continue our journey that um, so one of these companies would step up and you know kind of You know works with us or takes us over. I don't know that's something like that but Generally, yes, we we see them working on processes. We see them working um, I would say some of them has have some very interesting um developments in terms of um hardware In terms of software, I think that our approach is um Way more complex in some way, but way more user friendly and um especially also, you know Focusing on all stakeholders, you know, like apple health, for example We know everyone has an iphone or let's say a lot of people have iPhones. They have their data on it but um, have you ever tried to exchange your data with the next hospital up to now it's not working because there's no um, no focus on that I think from their side and maybe the markets are um up to now not um You know prepared for was for apple or microsoft or Google and we tried to find the right approach and I think we did it. We we have Implemented some kind of very beneficially Of functionalities that not only Lead to interest from patients, but from doctors and hospitals and interest in pharmaceutical companies so This is something that I think we have that up to now they don't have Yeah, right Sorry, the good thing about apple, for example, also google but especially apple is the hardware that they have You know, that's also something that we focus on Not too strong at the moment that hardware is a big point, you know Talking about the apple watch I have it and I just came out of a covet disease I had it I wasn't bad two weeks and it was really bad And I measured at home my my blood oxygen level all the time to see if there is an issue or not So this is you know, this is really democratizing the the way how you can get your medical data And we also can import this data that I have on the apple watch and in the apple health Without platform and share it with a doctor and combine it with the information Maybe you have gotten at a hospital or so so Very good Right. Yeah, definitely really good point. So my question is I think the concept of nfts and medical data makes a lot of sense But how do you value and price that data when it's being, you know, quote unquote sold How can you put a value and price on that and what do the users Get in return. Do they receive the tokens or you know, how does that work? depends, you know The question is very good because at the moment, there is no real price tag as I said If you ask me now, Michael, what's the price for for a medical Instead of informations including blood pressure and diagnosis and allergies. I will tell you. I don't know We will see because you know, we built this nft marketplace And that will be the opportunity to sell nfts for a fixed price And also by auction. So we will establish this using the platform We will establish these pricings and we will establish the The revenues that people get out of it You know at the moment, this is this is depends No, when you buy data as a as a pharmaceutical company, you're not only paying for the data You pay for the gathering you pay for, you know, you have maybe if you do a trial you have to To collect patient data directly and to invite patients you have to pay them directly So there is a big bunch of things around the data that you have to pay so it's not Clear what the price of the data is the nft marketplace will show that and After sometime you will establish fixed prices because after a year or two We will know what is the company paying for a cancer patient information What is the company paying for a hundred patients that have high blood pressure? We will find that out and put a price tag on it Got it. And so is everything going to be Transacted with the aimx token And that's that's an advantage for the users So if they buy min sell etc using the token, they will get a discount So there is a high intrinsic motivation to use the token But people will be able to buy it using fiat money using bitcoin using ethereum, whatever the like So we are not urging people to use the token exclusively Got it. Yeah, but yeah, I mean that makes a lot of sense Especially considering the fact that you guys are dealing with major enterprises In people that might not be so familiar with crypto and blockchain They might not want to they might be fried end of you know A token and they might just want to stick with fiat So having those options available with the nft marketplace is actually really really smart Makes a lot of sense What you say is also very important The platform if if you know 99% of the people using a medical platform people with chronic conditions They even didn't or they haven't heard of the blockchain. So you cannot say hey guys use the blockchain Here's your private key. Here's the token use this use that people will be frightened as you say So when you use iMetis the blockchain functionality the token happens in the background If you want to use it you can use it if you don't want to use it You're not urged to do so. So it's a system for everyone Right. Yeah, and you guys you guys have nailed it because Obviously, like I said with enterprise, they don't want to know about blockchain and tokens They just want to know that the platform works efficiently. So you guys totally nailed it there I'm just going to take another question from an audience member animalist is asking When will they when will the iMetis token be available to the general public? So the thing is at the moment we are doing our iDO We are in the presale and seat sale period in the second part of it because the first part has already been closed And we are aiming to close the the the sale by beginning of september First half of september and are planning not yet fix what are planning to do the iDO In september this this year Got it. It will be first listed on PancakeSwap And later on also on other exchanges, but for now it's on PancakeSwap Yeah, we we have to to find the right deal with the token launch pads And so we are negotiating different Options, but it will be very soon Got it Also, I was wondering when will the NFT marketplace be launched and available On the the NFT marketplace is in development at the moment The test period will begin. I think by october Um, and we want to launch it by this year Wow, that's so exciting Um, okay moving on from NFTs real quick. So there's there's lots more happening here I know that there's a virtual hospital and rehab Uh in the works. Can you guys discuss that and it kind of explain the concept there? Yeah, so I'm at virtual hospital is basically a hospital information system So every one of you who knows or who's in touch with the with the medical or health care sector know The the the existing hospital information systems very bulky looking like windows 311 from 1995 With menus sub menus and very user unfriendly So the big companies it's the same in the united states or in europe They have established this kind of software And it's very pricey, right? So you have to pay millions to install such a system depending on the country depending on the health care system You are moving in but very difficult to adapt To the developing countries africa asia parts of these countries. It's very difficult So we want to bring a new kind of hospital information system That is offering a completely new way of user interface and user experience So it's like including a little bit of gamification, you know It it will be fun to use this hospital information system You see where the patient is moving inside a hospital You see where the examination is taking place. You can see where the patient is in which bed the patient lies Then the patient You know the the staff is always up to date um And you can you can Put tasks to a patient so the doctors and nurses get a message on their smart virginity Okay, mr. Schmidt has to get an ultrasound today So you improve the the way how how the patient journey you improve the patient journey a lot And you participate the patient and your relatives the family of the patient Because the patient can lock in and can see our tomorrow. I have an ultrasound the day after tomorrow I have a surgery of the spine and then the patient can already click this Surgery and he can search for information. You can see videos. He can download information So it's a very interactive system participating everyone within this journey with really a big advantage and also we have a different price level module so we we calculated on a uh a monthly base so and not Be hospitals don't have to pay millions to use the system to just pay a monthly Flat fee I mean depending on the patients that I treat but they have a fixed fee and they always know the system is up to date The system is monitored in real time because security issues. That's a completely different topic It's a very big thing in health care, you know at the moment. There's you know People from everywhere in the world. They're hacking hospitals. They're getting information selling it Which will be a bigger problem in the future and we are taking care that this is not happening and Yeah, so so we established this virtual hospital and rehab is a project that we established with our um our partner professor hembach. He's a neurologist from germany and he's part of the of the board of iMedis And he is a specialist in rehab and he's part of the world federation for neuro rehabilitation And we want to bring interactive rehabilitation to the system COVID crisis has shown that this in times of crisis rehab is is is taken is taken down So a lot of people that need rehab do not get it. That's a big issue And thus they we have had to find a way to to get to to have people get their rehab Right, so if you can do a lot of things online, you know, like tests like A neuropsychologic treatments like questionnaires like follow-ups people can watch videos that can get information And that's what we will be established using iMedis virtual rehab That will also be some applications with virtual reality and augmented reality in a later stage not now But so so we bring all these kind of services To um to one platform and that will be iMedis that offers everything like, you know This big bubble where you can just get everything and pick the bad things that you want Right. Yeah, I mean, oh go ahead Ben iMedis virtual hospital is a very important issue by the way Um, it it really allows us to connect iMedis to the big players in healthcare system You know, this was one of the obstacles. Um, I mean as Michael said at the beginning when you have several apps This is the cardio app. This is diabetes app And you go to the hospital the doctor has already a system that he works on So this will take time to have a look onto your phone or whatever kind of device you have And then get that information out and then you have somehow to transfer it to the hospital information system And you know, so we want professionals to use our system. Therefore We had a lot of discussions. Of course, we started with building APIs um to connect our system to hospital information systems But then at the end it was kind of obvious and clear and it even you know Came out when we spoke with hospitals that they said, okay We would be interested and the recently it was very Very specific. So um, we started to build this um virtual hospital information system. So that at the end Um, everyone that is on the platform professional patient can really work on our platform without Exiting it without having problems with with APIs. Um So everything works flawless and efficient and I think even in terms of usability our hospital information system Will be um Really something great. Um, it is a build on a system that hasn't been Used in healthcare before it is we have Some orientation we had some orientation in the in the industry in the automotive industries So we have a very very user friendly Experience to offer and I think um hospital professionals We are ourselves hospital professionals I'm the one that we know We like to use it and we will really make things very very effective in terms of transacting and interacting With each other Right. I mean, this is clearly the future of healthcare and it's so exciting to hear about This project. I mean, I I can't wait for something like this But um, we're getting a number of questions for the audit from the audience I'm just going to take one of those real quick A digital enthusiast is asking how big is the market that a medus will revolutionize Is it the global healthcare market or is it or is it even bigger than that? That's a great question um, yeah, it's the global it's the global healthcare market because You know, you cannot work with with an el system in one country only people are not only in one country Let's imagine, you know, let's talk about my mother She's living in Germany and then going to Slovenia or going to Spain for some time And she has some chronic conditions that have to be taken care of and that's what a lot of people do They travel so you cannot just have a system in one country working in one country. It has to be global Imagine you have a heart condition. You're in Thailand people in Thailand doctors in Thailand need your information So the global market is our is our our place our working place And we already have started to work on a global level. So we're not only Europe But also in Africa and Asia and Middle East. We're now starting to conquer the United States market so Yeah Got it. Yeah Yeah, this is it's great because you know, obviously when people travel especially now if you get sick and and health care doesn't cover You know, doesn't cover you in that region You know, it's it's hard And then the data being in all different places. It's so difficult. So this is really exciting Peter Bota has a question He's asking how will the individuals be motivated to hold the tokens your idea is great It helps the health care system But why will private investors buy hold and sell the coin without any health care purpose? So the the thing about the token is um, first there is a staking model that we offer So people that hold the token for a certain period of time, which is at least six months will get Tokens as a staking reward. That's very basic Another thing is that we burn a certain amount of tokens. So the it's a deflationary deflationary token, right and What we haven't talked about yet because it's not yet implemented in the in the application But you know, let's talk about smartphones and the space. I myself I have an iphone and I got it And it has 512 gigabytes of space and I'm actually using 40 gigabytes of that So what what can we do with the space that users have on their phone? We will part we will give them the option to Share this space. They have right to offer space for blockchain nodes for certain type of information that is encrypted So they will not see it. They will not be able to access it. That's sure But and they will be paid in tokens and thus the token will be deflationary and also Institutions been set it correctly So institutions that want to advertise on the platform that Access certain services on the platform have to hold the token So the amount of tokens that are floating freely in the ecosystem will continuously go down And make it a rare type of a set Got it. Okay. Ben. Did you want to add anything there or? Well, I think Michael said the most. I mean generally, um, we will have institutions Holding a certain amount of tokens if they want to use for example our hospital information system so, um They will have like a contract-based taking model And as Michael said, we we burn a certain percentage of token that is so for every Advertisement payment there will be percentage burned and We we we are talking about about a very useful um software that we are sure To to onboard millions of people that can you know benefit from healthcare services and therefore we'll of course need the token so We see definitely A high value of our token in the future right Yeah, great. And I just want to remind the audience to keep sending your questions. We've still got some time here Um, so I'm curious to know are you guys already in talks or have partnerships going with some major healthcare providers that you can mention At all and if not, it's okay. I'm just curious to know if there are partnerships in the world We will we will release a list of partner hospitals. I mean, I think we mentioned some of them anyway We have Hospitals that we're working of course here in europe in germany where we are based Kind of based not anymore, but we we were here Here when we started and we were doctors here in the hospital So we have some hospitals that we work with here, but it reaches until harara With, you know, the cherry's hospital in harara. For example, we have Yeah, it's in zebapu where we have our team in the philippines working on partnerships with some figure But not only hospitals, you know, even insurers. We are in talks with the axa for example in in southeast asia Actually, there are there's a lot of interest from a lot of Institutionals even pharmaceutical companies. We did one One one Excellent trial with a big pharmaceutical company and there will be a lot of You know, a lot of projects coming up with pharmaceutical companies I think even, you know, the biggest interest is from pharmaceutical companies and insurers Um, but but hospitals will use it as well because it will just, you know Be in in their interest to have better workflows and we offer these support Right and what about in terms of regulations? I mean has that been a challenge? You know, especially when it comes to data and collecting user data How are you guys ensuring that the regulations don't hold This platform back You know, the thing is that as I've already addressed we have we have this is what's one of our major focuses because when you want to work internationally, you have to address different legal Areas systems regulations in euro as I said GDPR in the united states are compliance or FDA Compliance in some countries of Asia. So we addressed all that which is difficult and But that's not holding us back. The thing is there is a demand, right? In the future, there will be people that don't have the possibility to go to a hospital They will search for medical help. They will find an internet platform. Maybe they will find a medis They they need these services, you know politicians Regulators governments, you know, uh, they have to adapt to this development and especially in the established so-called established Western world in the united states, europe, germany, netherlands, france, etc You have certain regulations, but these regulations will not all of them But at a certain point a lot of these regulations will be drawn back because there is a demand Right, there is a demand and people will say I need a video chat. I want to sell my data. I need a prescription Do I have to die now? Do I have to be sick? Do I have to have pain or do I get it? Why is the regulation holding that back and at a certain point this will be established? That's not holding us back. We're just adapting and we are adapting Maybe on some parts we're adapting very fast very quickly on some way I may be adapting slowly because some regulations are still there But let's talk in five or ten years the situation this situation will be completely different one And then we will be there By the way, I mean we consider these problems of course from the beginning And we have different strategies for different markets of course But we have an entirely different way to work in the Philippines than we do in Europe And they are of course not the kind of obstacles that you will find here in Europe So but but generally we see a trend that supports All our aims in terms of regulations because we see I mean we already have Regulations in the US and in Europe that will step by step Bring all the stakeholders on such kind of platforms If I mean this is this is just the development right we are in a digitized world and Everyone that thinks that healthcare will be spared of these developments. I mean you can do that But it's it's not the reality. So even the regulators will be pushing hard towards a digitized healthcare space and We are from the first We are one of the first companies in this space and I think therefore We will really benefit from these developments right I'm trying to better understand the challenges here and so I think Another challenge that might need to be addressed is what about because with these underdeveloped countries If they want to use this solution, what about wi-fi connections and connectivity? I mean Is that an issue especially in regions where they don't really have that and they want to use your platform I I think that could be you know right up there with with regulatory challenges in terms of Developing the application in a way that Even with a bad connection You can work offline at a certain point And after reconnection synchronize Everything so you can hold it on your on your physical device on the one hand and also use it in the in the cloud so You know the problem about the so-called underdeveloped countries is that they are kept out from certain things because There's a big hurdle in terms of money You know a lot of people are almost everyone in in in developing countries third world countries They have smartphones. They have the tools to use this and that's what's so great about e-health because you can offer all these services In the same quality in the same speed the same time To to people that are not as rich as someone who's living in monaco And that's also a good thing about the data Let's imagine you're a hospital in in africa When you sell data, it has the same value As the data from from a hospital in monaco or in manhattan or in los angeles So you're democratizing healthcare to a certain level with with this kind of application and with this kind of Of of marketplace and participation Yeah, yeah, those are really good points ben did you want to add something? um Well, you know first of all it's it's sometimes a little bit difficult to keep on a good overview um I mean You know we spoke about african africans. It's funny. Um, because sometimes people are really they they They don't have even enough to eat but they have phones iphone's or Android phones. So the access um of internet is It's impressive somehow, you know, it's of course, there are some regions. You don't have internet, but this is I think a question of a few years only um That we will have internet connections everywhere um so But that's not I mean, that's not our main issue because You know when we think about solutions, we try To reach a lot of people. We will never be the ones that You know give solutions for 100 percent. This is not Not our aim. I mean Because it's it's an illusion. We want to have A solution for a majority of people for the people that are interested, of course, of course, there will be competition and um There will be companies with other ideas, maybe also good ideas that That work in a different way But we will be there and I think we can we can get a good share of the market Which is important to us And and and give um, you know benefits in return to the ones that use our system That's the most important issue. We don't need You know every market. I mean if if you have china you have already achieved a lot You have the us you have already achieved a lot because our aim is more and we are already internationalizing and You know, we have very interesting discussions at the moment with the us institutions so, um I think the interest is there and we will we will have our share. We will see how this develops, but generally we are very optimistic You know, we we always work on something That is considered to be useful And if we can succeed in that, I think the rest will be coming, you know, so, you know The fact that we are already working profitably So we're not collecting money with the ideo to execute on ideas or to build something We have a working product. We are working profitably We made more than 1.4 million us dollars in 2020 and this year we will Supposedly even double that revenue, right? So the company is on a very good way um and very stable and the the blockchain and and token Will be a great benefit for everything that is already there on a great pace Right, yeah, awesome. So we have a few minutes left So we're just going to start wrapping up here want to remind the audience if you guys have any last minute questions Send it over in the chat So final question for you guys, you know, what can we expect moving forward? What does the future hold? Yeah, so the the next step will be the release of I met as virtual hospital. I met as virtual rehab. I met a social network You know all these functionalities the NFT marketplace most of it most importantly um, so we are building continuously on the on the working system And yeah, so we speed ahead as as fast as possible and conquer as many regions as possible To be a major player in the in the in the field You know, you know, Rachel, I think what we have already proven is that We work We work on our targets, right? So, um it's very easy to to look up our history and um That we are already working for a few years now on this project. So it's not that we just came up and try to to get something working and to to get people on board and and you know To make an IDO and cash out money. So we are working for a certain purpose um, and we want to to um You know to create something meaningful and um So generally I would say um We have already proven that we we stick to our plans. We stick to our To our ideas and that we we will continue doing that um Of course in interaction with the with the ones in healthcare with the patients And that's that's the very important issue, you know Yeah, of course, but then you make a good point I think that when it comes to a platform such as this one We have to think less about the price of a token and and what that maximum can be And more about the technology and how this can help save lives. I mean, it's like the token is awesome It's great. It makes sense obviously But we've got to be thinking about the technology with this type of use case and that's what I'm so excited about Yeah, yeah I mean it's all about a product if you have a product and people Like your product and use your product and it gives some kind of value Development the development is clear. It will follow even if it's lacking behind at the beginning At a certain point the intrinsic value will you know come up to to its To its monetary value or its token value Yeah, and people are really using it and adapting it, you know, and especially in the last Three months we had great download numbers. Our android app is already downloaded Almost I think 400 000 times or so at the moment the google store says 100 000 plus and the next step will be 500 000 plus And that's only for android also the ios app is going well People that are using the system on the web is going well. Our target is to get 1 million uses by end of 2021 Yeah, yeah, COVID COVID Boosted us of course and all the healthcare You know solutions You know kind of kicked off Yeah, I mean it's good for us in some way with the general situation is sad, of course, but You know it there's another mindset at the moment that people really try to To to look into solutions in terms of healthcare You know what is very important? We haven't talked about the security of the system Which was one of the major points when developing this we were even invited by world economic forum to to to in july and there was a There was a You know an explanation going on that where we were part of and then we were talking about security and We were taking part in there in there, you know cyber polygon 2021 and We have a dedicated team that is only sticking to security issues So we are real-time monitoring the system. We are always improving the security We are hacking it continuously doing penetration tests stuff like that to make sure that the user gets the most The most secure system that they can get Because this is also one big issue when it comes to e-health Yeah, michael, i'm glad you brought that up and apologies that we didn't speak about that more in depth because obviously Keeping user data safe is a massive issue here. So I'm really glad you did briefly bring that up Um Yeah, but so unfortunately we only have a few minutes left I don't see any other questions coming from the audience. So i'm just going to wrap things up here Michael and ben it's been a real pleasure if the audience does want to reach out and you know If they have more questions for instance about the security and all that how can they get in touch with you guys? So we have several social channels on telegram and on facebook and instagram But they can also contact us directly via email contact at imedus.com very simple Also via our website. We have a contact form. So you will always find a solution to contact us Great awesome, and I just want to remind the audience. Please subscribe to our youtube channel We're going to have more very interesting amas like this coming up and I just want to thank everyone for joining us Thank you again, ben and michael. It's been a real pleasure And I look forward to staying in touch with you guys because I'm excited about Amidus and media. Sorry Next thank you so much. Thanks so much. Thank you. Great opportunity to speak to you. Yeah, thanks guys. Have a good day Thank you