With the increasingly caring attitude of humans towards their pets and the overall importance of our faithful companions in our daily lives, both the ownership of pets and the pet healthcare market consisting of pet products and services are growing at very high rates.
Despite its high growth, however, the industry is drawn back by a variety of inefficiencies such as lack of technological progress, qualified personnel and flexible options when it comes to finding the right vet.
In this article, we will take a look at one of the few blockchain projects specifically focused on pet healthcare and why some of its features are expected to revolutionize the market.
VetAPP: providing AI pre diagnosis and workflow improvements for vets
VetAPP implements several revolutionary concepts for the pet healthcare market that are expected to greatly improve the conditions for pet owners and their favorite animals, as well as for veterinarians.
The project targets specifically the lack of technological progress in the industry, the outdated administrative practices and the big workload on vets that is made even worse by their overall scarcity and high demand for their services. With its revolutionary AI pre-diagnosis tool, the project aims to greatly reduce the number of vet visits that, according to industry statistics, are not needed in more than 70% of the cases.
Pet owners are asked a sequence of questions that are automatically adjusted throughout the interview. At the end, the AI deducts whether a visit to the vet is necessary or not and provides the option to match the pet owner with a qualified specialist in their vicinity, further minimizing their effort through automated matching algorithms.
For vets, VetAPP is specifically focused on improving their workflow and providing them with additional monetization streams, ultimately aimed at maximizing their revenues while minimizing their costs and workload. Through the booking and appointment management tools that the app offers, understaffed clinics can reduce the high administrative workload they have to deal with on a daily basis.
A full-fledged ecosystem for pet healthcare
VetAPP takes it a step further by introducing many other functionalities, essentially creating an ecosystem for vets, pet owners and other stakeholders in the pet healthcare industry. The ecosystem will be underpinned by the native VETA token that can be used for subscriptions and to gain access to some unique rewards available only to token users.
Both stakeholder groups will have access to a marketplace for high quality pet products such as food, toys and pharmaceuticals, as well as various services including grooming, pet sitting and many others. This will provide limitless possibilities for monetization for all stakeholders included. Users will also be rewarded with multiple incentives such as coupons, discounts and gamification rewards.
VetAPP is planning on introducing a social media network with a full scope of functionalities available on leading platforms where pet owners can connect with likeminded people and interact in various different ways. The social media network will provide companies for pet-related products with advertising options, allowing them to get access to a highly targeted audience. VetAPP will offer comprehensive analytics dashboards for advertisers and advanced algorithms for ad optimization so that they can get the most out of their advertising budget.
Another sector that VetAPP is tackling is pet insurance – especially in the US, the concept has been gaining a considerable amount of attention over the last several years. VetAPP plans on improving the conditions for insurance companies by reducing their costs through the AI pre diagnosis tools. They will no longer have to pay for those unnecessary visits that were prevented by the AI tool, which can allow them to charge less for their services, resulting in a win scenario for pet owners as well.
VetAPP is planning to introduce wearable devices at a later stage of the project development that can be used to collect pet health data. These can be used to monitor vital signs, which can be crucial in diagnosis, treatment and ongoing monitoring. What is more, this data can be saved in patient databases, which is among the most widespread and revolutionary use cases of blockchain technology in the healthcare sector today. This data can be accessed by pharmaceutical and biotech companies, as well as researchers in the development of new products, medical technologies and treatment methodologies through smart contracts. At the same time, blockchain technology will ensure the security and integrity of this data and also provide the possibility for users to choose who they share this data with and be rewarded for every request they approve.
The future of pet healthcare is at our doorstep
VetAPP is a visionary project created by industry experts with longstanding experience in medical research, AI and veterinary medicine committed towards their common end goal – to bring the pet healthcare to a whole new level by introducing a wide scope of functionalities for all stakeholders involved, ultimately aimed at making the world a better place for our pets.
The VetAPP sale is live and is offering special bonuses for early adopters. You can learn more about the project and its mission to change the pet healthcare market as we know it on www.vetapp.io.
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