Carex help doctors to focus on patients than paperwork

What do doctors spend the majority of their time working on? Answer: Documentation, otherwise known as paperwork.

“That’s one thing they don’t tell you in medical school,” he says with a grin. “The amount of paperwork that’s involved!”

Of course, in the 21st century, papers aren’t as involved in the process as computers. But that’s not entirely the case, especially for physicians that are set in their ways.

“When the electronic medical record was implemented, a lot of doctors struggled with it,” said Dr. Ilyes. “They comply with the requirement, but in many cases haven’t learned how to make technology work for them. That’s very detrimental to their efficiency and ultimately for their patients.”

The pain felt by patients by this situation can be serious.

In the floods that came with Hurricane Harvey, some Houston area doctors lost a major portion of their patients’ medical records, which were still in paper form. That loss hurts the ability for doctors to accurately diagnose.

“The treatments can’t really be the same for different people,” Dr. Ilyes says. “Every situation is different and medical records are crucial to knowing and tracking those differences.”

Giving patients control over their own medical records enables them to keep their records safe, taking a major burden off of doctors in the process.

“I am excited by the prospect of having easy access to my patient’s medical records, the possibility of talking to an artifically intelligent chat bot instead of having to write them down and keep them safe,” said Dr. Ilyes. “I could then focus more on patient care and less on the paperwork.”

Making the process easier speeds it up, enabling doctors to see more patients and earn more money.

Dr. Ilyes thinks of it differently.

“The more patients I can see, the cheaper my costs per patient could be,” he said. “That’s a virtuous cycle which could really benefit everyone I work with.”

Besides securing medical records for patients, the CareX Platform also serves as a marketplace for doctors to get new patients.

“That is one of the great pain points for medical providers, sourcing new patients,” explains CareX Blockchain Platform CEO Mike Bishop. “Many just give up entirely by joining big networks that bring the traffic to them, but this limits their income and puts a strain on their costs.”

By being able to see what a doctor charges anywhere in the country for a given procedure is a form of free advertisement bringing traffic from around the world.

“Of course my practice would love to see more medical tourism patients who pay upfront,” said Dr. Ilyes. “It would transform our business for the better.”

Accepting CARE tokens also enables providers to diversify their assets, which can be converted into cash at any time on cryptocurrency exchanges or by CareX itself.

Dr. Ilyes is excited to start using the CARE Tokens.

“For a while I’ve been watching Bitcoin and the others — it’s certainly a very new world and a new way to do things, but I don’t think it will be difficult for more and more people to catch on to the concepts,” he said.

“If you think about it, we use tokens all the time — be it points at a grocery store, airline miles or hotel points to travel. It’s almost amazing nobody has done this for healthcare yet,” said Bishop.

Providers are already signing up for the new Platform. By February, CareX will have several providers around the country accepting token payments.

Providers can begin signing up to join the network here.

Patients can sign up for the platform by making a CARE Wallet account here.

Learn more about the CareX Blockchain Platform at https://carex.tech

Real estate cryptocurrency partners with real estate fund to list on the NYSE

Earlier over the weekend on Bitcointalk, real estate development-focused cryptocurrency Relex announced that for the first time ever, a blockchain-based real estate asset will be listing on the New York Stock Exchange (NYSE), with Relex investors having a first opportunity to grab the common shares before the IPO listing. In addition to being the world’s first real estate development-focused cryptocurrency, Relex has again become a pioneer in the space of real estate cryptos by having one of its, Canadian real estate development firm and fund Woodfine Capital Projects (WCP), be the first real estate offering in the crypto universe to have its pre-IPO offering on blockchain en route to the NYSE. WCP is the latest iteration from Peter Woodfine, having 30+ years of experience in real estate development through Woodfine Development Corp, with an array of real estate projects in the Alberta region of Canada, and specializing in commercial real estate developments in the area of tech industrial, office, retail, and professional centers.  CEO Peter Woodfine has development experience working with large corporates such as Walmart, Costco, and others.

Relex and Woodfine Association

Pooled Woodfine common shares and LP Units available for crowdfund investors are exclusively available via the Relex platform. Relex operates by first negotiating and then redistributing of broker commissions for the benefit of investors, disrupting the entire broker for commission fee paradigm. Relex negotiated a 10% commission from Woodfine Capital Projects, and redistributes the commissions in the form of investor discounts for Relex (RLX) holders. Therefore, common shares purchased on the Relex platform are available for just $18 CAD from the official announcement price below.

Huge investor benefits

Investors can still sink into the Woodfine LP units on their own- at a hefty minimum price tag of $250,000 to gain access to the institutional benefits such as a 300% return in 8 years, fully transferrable units in which the investor can sell anytime they want, which is extremely rare in the fund world characteristic of investor lock-in periods and lack of liquidity in the market for selling fund LPs.

Furthermore, Woodfine LPs are extremely rare in the sense that they are private wealth compliant. That means, when investors want to sell, they can stroll over to any financial institution that accept private wealth compliant products, instead of getting stuck with the LP unit as is common for the fund world. For investors that want to drop a little less cash, Relex is the only solution in which investors can on zero-commission basis access the groundbreaking Woodfine fund that breaks multiple paradigms in the fund world.  For the common shares, investors are free to pay full price and a minimum of $10,000 for 500 shares at $20 CAD a unit. If they want to invest at a lower amount, then Relex is the only authorized platform to access Woodfine common shares.

Relex lucrative growth plans

In our exclusive chat with Relex after the Bitcointalk announcement, Relex also explained to us that because the Woodfine deal is “exclusively denominated in RLX for non-institutional investors, that they expect an appreciation of not only the Woodfine investment but also to create value for investors via the value of the token underlying the investment”. They said this would be a particular bonus for Relex holders. Relex also hinted to expect to wait no longer than January 1, 2018 for investors to be able to access this great yielding opportunity. Furthermore, Relex said they have confidence in Woodfine’s model very interestingly enough because it mirrors its site selection process to the same rigorous due diligence standards as Walmart. They said as the CEO, Peter Woodfine, possesses experience preparing development sites with Walmart in the past, that the due diligence process for each new Woodfine site is incredibly strict, with next-gen technology being applied to assess every potential site, but yet the system of that due diligence is deployable on a global scale, meaning Woodfine investors are looking at a Berkshire-Hathaway style investment vehicle that allows replicability and truly global scale. As Peter Woodfine has multiple developments under his belt with the Costco and Walmart name, Relex said it “may not be wise to dismiss a developer with such rich experience with key Fortune 500 companies”.

Woodfine’s model

Woodfine differs from private equity in that they create perpetual equity and do not require traditional bank financing for their real estate debt. Their ability to issue debt with the purpose of reinvesting in more buildings is what distinguishes them from conventional real estate offerings.

They provide investors with greater leverage, while adhering to borrowing restrictions that maintain investment-grade ratings. As public, non-listed funds, it’s all above board and completely transparent. At their core, what Woodfine believes is that it’s your money, and you deserve to know how it’s being spent.

  • Perpetual equity. The equity is invested by the limited partners, and the debt is self-issued by the funds, resulting in 3x capital appreciation with 20% annual distributions.
  • Competitive edge: Infinitely replicable model allows repetition of the qualified investments at each of the development sites.
Remarkable future event

Relex further stated that they are pleased to be working with such an innovative real estate development fund such as Woodfine Capital Projects, which is a gamechanger in the real estate fund world from its public reporting issuer status, private wealth compliant LP units, fully transferable LP units, and a replicated model that is deployable beyond the US/Canada/Mexico universe. Regarding plans and expansion beyond North America, Relex said Peter Woodfine has stated that in addition to expansion plans into the European Union and Mexico, there are later-stage plans to consider expansion into fast growing markets such as India. As major institutional banks in the US have already certified Woodfine Capital Projects’ LP units as private wealth compliant, so we expect quite a breathtaking ride ahead as Relex and Woodfine make blockchain history onto the NYSE.

For official details behind the Woodfine offering, please see the announcement below:

Woodfine Capital Projects pre-IPO Placement

Woodfine Capital Projects is  a real estate investment company that originates limited partnerships that develop commercial real estate. This model offers strong  upside: seamless scaling, sustainable earnings, and organic growth,  with expected AUM of over $4 billion in 6 to 8 years.

Blockchain-based Woodfine shareholders denominated in RLX will be party to a strict shareholders agreement:

  • $20.00 (CAD) price per share
  • Maximum 2,100,000 common shares issued to investors
  • Featuring common shares acquisition by way of RLX
  • Shareholders rights—no future dilution of share capital until after an exchange listing occurs
  • Well-defined executive compensation—no stock options program; caps on salary and bonus
  • Board of directors must include a majority of independents at arm’s length from the Woodfine Group
  • Direct listing on a U.S. exchange in under 3 years
  • Maximum subscription per person  C$150,000.

This model offers seamless scaling, sustainable distributions, and organic growth, with expected AUM of over $4 billion in 6 to 8 years.

Please signal investor interest in the blockchain NYSE pre-IPO by registering for the Woodfine offering at www.relex.io .

For further information, please contact us directly at:

hello@relex.io

office@woodfine.co