The BioLife Token will be the native currency for the BioLife community and ecosystem. All transactions for all present and future use cases will occur though the BioLife Token. Community Member Proposals New features can be proposed at any time by any BioLife community member. Any improvements to the platform are welcome, provided that the improvement aligns with BioLife’s mission to improve health and advance areas such as bioscience research. BioLife Token holders are vested with the right to upvote proposed ideas that they deem valuable to the BioLife community.
These upvotes will result in rewards in the form of BioLife Tokens granted to the party who proposed the idea. As discussed, BioLife may integrate Smart Media Token technology in order to facilitate this token reward system.
Design and Build by Developers As discussed in Use Case 3, above, developers will be rewarded for designing and building DApps on top of BioLife’s framework of smart contracts. Any developer who possesses a BioLife Token is free to come along and design, develop and/or implement either an idea that had previously been suggested and upvoted by BioLife Token holders or an altogether new idea conceived by the developer. The developer will be rewarded with BioLife Tokens if the token holder community upvotes the developer’s specific DApp design, development and/or implementation.
BioLife – A Lifetime of Intricate Care The type of applications third-party developers could build on top of the platform can range from remote commands by the health care provider to activate or deactivate devices or dosages to new AI features that understand the habits and preferences of a health care expert in order to proffer suggestions for the expert’s next case. On top of the blockchain infrastructure, developers can build applications to facilitate the development of the distributed device procurement solution. One of these applications can be a solution for fetching real-time price signals (also considering the crypto price dynamics) to optimize the acquisition of biomedical supplies. DPoS As alluded to above, DPoS will be designed through shared resources. Token holders will have the right to propose new validators, financial models and relationship structures for PoS, thus contributing to the evolution of the PoS model in the blockchain space.
Issues such as centralization, barriers to entry, consensus efficacy and governance will be faced and possibly overcome promptly (if not preventively) as new proposals are proffered over time. Whenever the greater BioLife Token holder community upvotes a proposal, the author of the concept will be rewarded with BioLife Tokens, and the platform will adopt the model. .39 Health care has continued to remain a prominent and critical issue for the planet for several decades. The search for improvements to our health services paradigm is never ending. Knowledge sharing and enlightened dialogue will provoke better solutions, if not a superior paradigm entirely.
For these reasons, BioLife will create on its platform a knowledge sharing and thought leadership center where BioLife community members can come to share and/ or learn cutting edge ideas in the domain of bioscience, medical tourism and an overall more responsible way for humans to prolong a healthy lifespan. This will be the BioLife Think Tank. Anyone from a PhD to a high school student can come to this forum to exchange valuable knowledge and insights.
The medium of expression can take the form of blogs, articles, experiments, videos and/or podcasts. Unlike standard social media pages or apps that create similar knowledge sharing communities, the BioLife platform will reward contributors with BioLife Tokens whenever the community upvotes a post. Tokens The technology can be used to a much greater extent in the community-driven governance and system planning. Data Marketplace The generation of an opt-in based data marketplace can be a unique proposition considering that the customers and third parties can benefit from and monetize the data generated by the distributed health services resources, and smart contracts are well fitted for these types of applications. There are three BioLife community member types:• Clients (patients and their families)• Providers (health services practitioners, biomedical researchers, health services institutions government agencies, nonprofit organizations)• Developers (programmers, software engineers) As knowledge sharing matures in the BioLife Think Tank, BioLife will fund the creation of an R&D lab that will operate on BioLife . BioLife – A Lifetime of Intricate Care .
40 5.9 Goals for Year 1 and Year 2 2018 Goals BioLife’s goal for 2018 is to make cutting-edge bioscience technologies available for patients globally. By December of 2018, BioLife will be deployed in Switzerland and the United Kingdom. By 2019, this process will be repeated in multiple regions throughout the planet to link in to the entire BioLife system to deliver meaningful access to health care to those regions. By 2020, BioLife will have expanded to five additional regions, and all use cases will be fully operational. Legal Classification The BioLife Token will be classified as a digital asset rather than a security or currency.
Upon and after the Token Generating Event (“TGE”), BioLife Tokens will have the singular utility of allowing a holder to subscribe to BioLife’s EHRaaS in order to experience associated use cases. Any appreciation in value of the BioLife Token is incidental. BioLife will be operated under a separate business entity and is registered in Hong Kong as Swiss Vitality Cells BioLife – A Lifetime of Intricate Care Laboratory Limited. This company will operate the BioLife Token Generating Event. In years 1-2, during development through the official launch of BioLife, the initiator and operating agency Swiss Vitality Cells Laboratory Limited will manage all BioLife activities. From year 2 to 3 (i.
e., after the official launch of BioLife), community autonomous management will be explored and governance issues will be put to a vote. Possession of BioLife Tokens will vest voting rights in the BioLife Token holder in accordance with schedules to be published to the community for ratification. BioLife Token holders will have the right to participate in the following voting events:• Upvotes for proposals for new features to the BioLife platform.• Upvotes for design, development and/or implementation of new DApps.• Upvotes for proposals for improvements to shared mining pool models.
• Upvotes for knowledge sharing and posts.
• Whether or not BioLife ought to adopt a new blockchain.• Which alternative blockchain to which to migrate. .41• Whether or not to change the consensus algorithm.• Whether or not to hard fork.• Whether or not to soft fork. Starting in Year 3, BioLife will implement a decentralized autonomous community (DAC) to overtake governance and control with respect to technical, commercial, financial and legal decision-making.
A dynamic of smart contracts will perform automated decision-making in a more reliable and trustworthy manner than human decision-making. The pre-existing BioLife core team and corporate structure will dissolve and hand over all control to the BioLife DAC. would any other app. After launch, the development team will be reconstituted to undertake the ongoing support, maintenance and further development of the BioLife DApps.
The selection of the support and maintenance team will also be subject to token holder approval. The front end, backend and underlying infrastructure of the BioLife DApps are discussed in the next page. 5.12 BioLife DAPP Buildout The first BioLife DApps will be developed over a period of twelve months.
After complete launch, all transactions will be processed by smart contracts and recorded on the blockchain. The development effort to create BioLife will commence upon conclusion of the TGE. The roadmap for this development is set forth to the right. A team of five developers (two front-end and three backend) will be handpicked by the BioLife team. This team of developers will be charged with the design, development, testing and implementation of the first BioLife DApps. Once launched, clients will be able to access the BioLife DApps on their mobile or desktop devices and use them the way they BioLife – A Lifetime of Intricate Care .
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