- No direct backing (asset, profits, commodity)
- Poorly done
- Questionable details
- Limited exchanges
The Stem Cell Project will rely on the IoT and blockchain technology to revolutionize the medical services industry. Instead of substituting the current system, Stem Cell intends to complement the services and improve them using advanced technology.
For instance, this solution will leverage AI and blockchain technologies to establish Virtual Clinics. Through such incentives, Stem Cell will make medical services more accessible to patients.
Overall, the project is extremely poorly done and lacks any depth to it. Their website looks like something straight of a school project and definitely not akin to a STEM cell company.
The whole concept is very utopian and will likely never be implemented in any mainstream STEM cell clinic or company.
The project team will develop its own token, SCC. It will be based on the NEO NEP5 platform. The holders will be able to use SCC to pay for all the services rendered by Stem Cell Project and its affiliated companies.
The founders would like to offer this next-generation tool of payment to the medical industry to considerably facilitate the payment process. It is known that cryptocurrencies significantly reduce the costs allowing avoiding transfer, exchanging, and intermediary fees, which is beneficial for both doctors and patients.
There’s currently a problem with the affordability of STEM cell treatment. Very few locations around the world offer services associated with STEM cells and STEM therapy is outright banned in some countries.
The STEM CELL COIN project attempts to offer several solutions.To optimize the stem cell therapy costs, the project specialists will develop a special technology for accurate and quick production of stem cells, which make the regenerative medicine closer to those who need it no matter where they live.
At the same time, the founders plan to create their own Cell Bank. The idea is that when people are young and healthy, they can freeze their own stem cells to use them in the future in case of need. As a result, it will save time and money to find an appropriate donor while the patient will be treated with his/her own stem cells.
Another unprecedented step in making such treatment affordable is that the patients will be able to pay for these medical services with cryptocurrency. As opposed to the bank transfers, for example, this method of payment allows avoiding high commission fees and helps to reduce a price by several times.
Another unprecedented step in making such treatment affordable is that the patients will be able to pay for these medical services with cryptocurrency. As opposed to the bank transfers, for example, this method of payment allows avoiding high commission fees and helps to reduce a price by several times.