VERSION 2.0 May 22th 2018 ENGLISH

Transcription

1 VERSION 2.0 May 22th 2018 ENGLISH

2 CONTENT 1. Abstract 2. Introduction 3. The Healthcare Systems 4. Our Proposal 5. The Vita Ecosystem 6. The Power of the Obtained Data 7. Our Sustainability Model 8. Reward Emission Process 9. The Emission Model 10. Adoption 11. Vita in Daily Life 12. Benefits for Organizations 13. Authentication and Privacy 14. Some Relevant Data 15. Roadmap 16. Initial Coin Offering 17. Terms of Purchase (Summary) 18. Factors that Can Influence the Value of Vita 2

3 1. ABSTRACT Vita is a digital asset (ERC20 Token), based on the Blockchain technology and the Ethereum network, which will be issued to users of health systems, as a reward for making of them. To achieve this, Vita AER, an open API, documented and easy to integrate with health management platforms of governments, companies and organizations will be developed. The aim of the rewards is to make the existing health systems more inclusive and efficient, as well as to reduce the existing gaps in the quality and quantity of medical services to which the different social groups have access, as well as to allow the birth of a standardized, centralized and universally applicable means of collecting data. Vita Token will find its value in the data and information it accumulates, giving it an intrinsic value that goes beyond what it can find in a purely speculative model. Vita also represents a mechanism for obtaining data and information that will allow the development of metrics and statistics that empower decision-making and allow the creation of healthier societies. This information, unlike other mechanisms, will be captured in situ, and will have the reliability and transparency offered by the Ethereum Blockchain. 3

4 2. INTRODUCTION In the last years, humanity has taken important steps in the conquest of their fundamental rights as a species, no matter their race, gender or religion. Everyday, people and organizations fight for the conquest of new rights, freedom, and for make this world a more fair place. With this, it doesn't only refer to achievements in human rights and social ones, but also highlights the arise at a global scale of a new paradigm in the economic field, this is the collaborative economy and the democratization of accessing capital and financement channels. Two clear examples from a new economic era, that seeks, among other things, the opportunities equity and the richness generalization. In the health environment, which is the main subject for this paper, there has been some important efforts, yet, still exists big gaps when it comes to quality and access to health services. It became common in the previous years the creation, at a statal level, of health plans which are subsidized, which by its nature, are slow, have low quality, increase the public spending, and in some occasions are used by their promoters or creators for populist practices. Currently, health plans with some coverage and/or some similar benefits, can present some price variations for gender, age, genetic or congenital conditions, and some socioeconomic variables that the applicant may present. For example, according to the Superintendencia de Salud de Chile, women must pay in average about 66% more than men for their life insurances, people with disability on the other hand could pay up to 75% more. It s not a purpose of this paper the explanation, justification and discussion of the causes and motives of this phenomenon, but rather, to propose a mechanism to answer and reduce the impact of the exposed situations, and with it, allows the birth of more inclusive health systems, which are more complete and efficient. With this main goal in mind, it s posed the creation of an API for rewards emission (Vita AER) to the users of public or private health systems. For this, it will be used of the Ethereum network, Smart Contracts and Blockchain technologies. The rewards will be emitted in Vita, an ERC20 token, which features will be exposed in this paper, also just like it s emission model, intrinsic commercial value, and the mechanisms that will allow it to be easily convertible to fiat foreign exchanges, or exchangeable for goods and services. It ll be presented, as well as some data and facts that sustain the whole problematic in question, the business model to apply and the road map that the founding team will follow in order to achieve the goals setted. 4

5 3. THE HEALTHCARE SYSTEMS In order to have the capacity to offer more and better medical services, it is necessary to use large amounts of information to understand the needs of the population. Human beings live, and need to live in society. A key element on society s lives is to have healthy individuals, because the medical condition of a member in the system may put at risk the survival of all their similars, therefore, it is necessary to promote the existence of more efficient and inclusive health systems. In particular, a large part of health systems haven t experienced significant advances in social matters in the recent years. Some governments have implemented subsidiary health policies, whose coverage and services offered are, for the most part, of very low quality and the process of access to them is slow and inefficient. Likewise, they have tried to create mandatory health plans, expand the spectrum of services, subsidize vulnerable populations, and even so, it has not been possible to reduce the large social differences in terms of coverage or benefits, since the system continues to be based on the cost of providing medical care to a person, and the risk that constitutes for a company taking charge of the health expenses of an individual with special health conditions. Healthcare is a sector with an increasing demand for capital. According to the World Bank, per capita spending on health has increased for more than 17 consecutive years (from 1997 to 2014), since the appearance of new technologies, procedures, equipment, the increase in population, and in professionals better prepared, involves the injection of new capital to cover the costs generated. On the other hand, there is an increase in the demand for information in basically all economic sectors, and the health sector does not escape. In order to have the capacity to offer more and better medical services, it is necessary to use large amounts of information to know the pathologies with the highest incidence in certain populations, the sex and age ranges of the affected, the date when they were reported and other similar data. Currently, the collection of these data is not standardized and the process of centralization for analysis and study is slow, and sometimes non-existent. The result of the above, is the emergence of poorly operational health systems, it is very difficult to have a centralized record of pathological and population data, where, in addition, a congenital condition, gender, a pregnancy, an accident, or simply aging, sometimes represent economic expenses that can not be covered by people, and worse, these can determine the price of a particular health plan and even the impossibility of contracting it. This project seeks to reduce the impact of these particular phenomena by proposing a simple and potentially massive mechanism. 5

6 4. OUR PROPOSAL Our proposal is based on the creation of an API for the issuance of rewards for patients in health systems, using Blockchain technology and Smart Contracts. Vita propose to generate value from the use of health systems, by issuing a Token (reward) with commercial value to its users. These rewards will be proportional to the use that each user makes of the health systems, therefore, the most, but not the only beneficiaries, will be people with special or unfavorable medical conditions, because these populations, due to their physical condition, make greater use of the different medical services. Each reward will serve to mitigate the expenses incurred of suffering a certain health condition. To access these rewards, each patient will deliver to Vita through the issuing organization, certain personal and medical information, which will allow the birth of a standardized, centralized data collection system that will potentially be applicable to any health model. The fact of being able to access this information will facilitate the obtaining of metrics, data and statistics that can be used to increase the quality and efficiency of health models and contribute, in this way, to the conception of healthier societies. The treatment of the personal and medical data of the patient, as will be explained in later sections, will guarantee the transparency of the obtained information, and will protect the identity of the person who made the contribution to the Vita data bank. To develop the proposed solution, the Ethereum network, Smart Contracts and Blockchain Technology will be used. The proposed Token, Vita (VTA), will be created under the ERC20 standard, which offers flexibility, accessibility, speed, security, low cost per transaction and a solid Blockchain. The Vita project contemplates the creation of different tools to achieve the correct capture and use of the data (Vita AER, Reward Emission API, for its acronym in Spanish and Vita Business) and the creation of a broad market that facilitates the saving and commercial exchange of Vita (Vita Wallet and Vita Pay), offering their carriers a decentralized, fast and reliable payment alternative. Each of these instruments will be explained in detail in later sections. The Vita Token will find its value in the data and information that will accumulate (attractive and valuable for governments, companies and health organizations), since it will potentially be able to: reduce the impact of the cost of the different health plans for people with special conditions; generate a mean of injecting new capital into health systems, produce valuable data for governments and health organizations, decrease public and private spending on health, improve preventive medicine policies, decrease the impact of chronic diseases, reduce health subsidies, promote a less unequal health system. This makes Vita a unique digital asset, whose commercial value goes beyond what can be found in a purely speculative market. 6

7 5. THE VITA ECOSYSTEM Vita AER, Vita Business, Vita Wallet, Vita Pay, the presence in different Exchanges and the realization of commercial alliances with health companies and other economic sectors, will form the core of the Vita ecosystem. The appearance of cryptocurrencies represents the emergence of a new economic paradigm. Although this new trend has experienced a vertiginous growth in recent years, the success of a new project in this sector lies in its overcrowding and the creation of a large market that remains in constant movement. In this sense, policies that promote a growing demand for this digital asset and the formation of an ecosystem with great growth potential will be implemented. The Vita ecosystem will be made up of the following tools: 1. Vita AER: Rewards Emission API, for its acronym in Spanish. This API will be in charge of establishing communication between the health organization and the Smart Contracts of Vita. Vita AER, at the same time, will be responsible for discriminating the information received and sending it to "places" where it s appropriate. 2. Vita Wallet: Vita Wallet is the name of Vita's official wallet. This wallet will be the "place" where the rewards emitted to each beneficiary will be delivered. In addition, it will be the channel by which notifications of campaigns will be sent to the target audience that will be explained later. Vita Wallet will offer in its first version, the possibility of exchanging Vita for Ethereum and vice versa, this with the purpose of offering additional means of buying the digital asset, and that the Vita carriers have an immediate channel of exchange. 3. Vita Pay: Gateway for the processing of online payments with Vita through Web and mobile platforms. This tool will be freely accessible, will be properly documented and can be easily integrated with Web and Mobile platforms. 4. Vita Business: This will be the place where the agents participating in the process of issuing rewards can visualize the data obtained from their clients / patients. The data presented can be viewed in real time, so that they can be used to optimize processes, and enhance the effectiveness on decision making. Vita Business will also be the tool through which companies can create and configure campaigns for target audiences. These campaigns will be presented to clients / patients in Vita Wallet. The entry will be made with an and password. The details corresponding to this tool will be explained in later versions. 5. Inclusion of Vita in Digital Exchange Houses: Vita's commercial and technical team will make every effort available in order to ensure that Vita can enter on a large number of Exchanges, which will allow new buyers to access the purchase of the Token and it will facilitate exchanges for other digital assets and Fiat currencies. For the establishment of the foundations of the Vita ecosystem, it is necessary to work on the establishment of alliances with governments, organizations and companies linked to the health sector, with the goal of integrating them (if they qualify) with Vita AER, participate in the process of issuance and accept Vita as means of payment. In conclusion, we seek to create an ecosystem where carriers can exchange these Tokens freely and quickly for goods and / or services, simultaneously promoting health care through a reinforcing agent (the reward in itself) of the policies of preventive medicine and treatment of chronic diseases. 7

8 6. THE POWER OF THE OBTAINED DATA As already explained in the section "Process of Issuance of Rewards", not all the data sent by the issuing entity and the patient to Vita AER will be stored for analysis; Data such as: the patient's name, identification number, phone number and address will only be used so that the Vita Smart Contracts can verify the identity of the recipient of the reward, that the reward is awarded to the person correct and that the respective income and expenditure records are made. The purpose of not storing this data is to protect the identity of the beneficiary of the reward, since it s sensitive information. In addition to the mentioned personal data, Vita AER will receive the data of the place, date and reason for the visit of a patient to a service provider. This will allow obtaining demographic and pathological data that can be used for: The creation of preventive medicine campaigns; improve drug distribution networks; obtain statistics and population metrics; detect health needs of cities and communities; know the health needs of a certain population; detect early disease outbreaks; create and implement public health policies; determine target areas for the creation of outpatient clinics, hospitals and improvement of chronic disease treatments, just to name a few cases. An advantage of this methodology of obtaining information, is that it will be captured directly at the health service provider's headquarters, passing in a matter of seconds to the Vita database, which can be viewed in real time. It is useful for the reader to mention some examples of the information that can be obtained from accessing these data: Case 1: Number of pregnancies in women aged 18 to 20 registered in the last 90 days. Case 2: Number of AIDS cases presented in region "X" during the last 180 days. Index of affection by sex and most common age ranges. Case 3: List of the five main causes of doctor visits in region "X" during the last 30 days. 8

9 7. OUR SUSTAINABILITY MODEL This section describes some mechanisms that will be implemented by Vita's technical and commercial team to guarantee the economic sustainability of the project over time. Before beginning to detail them, it is necessary to clarify that the business model will be based on two aspects that are considered fundamental to achieve the desired market penetration and the transformation of health systems. The first aspect has to do with the integration process of the different health organizations with Vita AER, this process will be free, freely accessible and will be carried out by the health organization; On the other hand, access to rewards from patients will not be subject to subscriptions, monthly payments or renewals. With this in mind, you can describe the different types of income Vita will have once it is in production. Campaigns to target audience: Vita, being a channel for receiving and collecting high value information for companies / organizations in the health sector and / or governments, will be able to process and take advantage of their access to this data for commercial and social purposes. The project will offer governments, organizations and companies of the health sector, as well as any other client that requires the service, the possibility of creating, configuring and sending campaigns to the beneficiaries of each reward (the campaigns will arrive in the form of notification to the address of the wallet of the beneficiary, without ruling out, for now, additional alternatives to get the information you want to deliver), segmenting them by country, city, sex and data according to pathologies, according to the last visits to the health centers. To access this service, an amount must be paid in Vita, depending on the number of people you wish to reach. Commissions during the process of issuing rewards: The Reward Issue process will have a dynamic issuance method (Vita Reward); This method will yield an "R" number of VTA that will be released to your beneficiary at each opportunity that makes use of the health systems. To this amount "R", Vita Reward will discount two commissions, one for the health organization that participated in the issuance process (deduction represented by the variable "D1") and another for the main Wallet of Vita (deduction represented by the variable "D2"). In no case "D1" and "D2" will be higher than 5% of "R", so the final reward, from now on "Rf", will not be less than 0.9R, this guaranteeing that at least, 90% of the reward issued will be awarded to the user. In summary: Rf=R-D1-D2, where D1 0,05R y D2 0,05R In this way, Vita, as an organization, will be ensuring a flow of income in VTA at each opportunity that a reward is issued. These discounts will be self-managed automatically, which will guarantee transparency in each issue. Commissions generated by Vita Wallet: Vita Wallet, in addition to fulfilling its main functions, will offer the possibility of making VTA exchanges to ETH or ETH to VTA. These exchange activities within Vita Wallet will be subject to the collection of small commissions, which will be a means of generating income for the project. Payments Related to Vita Business: Vita Business will have free and paid features, this will allow the creation of another means of obtaining revenue for the project. The details related to this type of income will be announced on dates close to its launch. 9

10 8. REWARD EMISSION PROCESS In this section we ll explain the process by which the rewards to Vita users will be issued. The issuance process will be carried out jointly with entities and organizations linked to the health sector that have the following two characteristics: 1. They have a digital record of their users. 2. They are able to verify the identity of their users when they use their health plan. As it is evident, the communication between the organizations and the Smart Contracts of Vita is managed by Vita AER. Two Smart Contracts are involved in the Vita issuance process. The first, "Token", is Vita's main Smart Contract; this contract contains the information of the Token itself. It has been suggested that the number of rewards received by a user be proportional to the use made of the health systems (medical consultations, dental consultations, control examinations, among other uses); therefore, Token has a history of all the rewards issued to a certain user, containing, in addition, the "Reward" method, which can only be called by the second contract, "Vita Reward". Vita Reward is a Smart Contract that owns 50% (5,000,000,000 VTA) of Vita's total supply, which is intended solely for the transparent issuance of rewards. In addition, it contains an algorithm that determines the number of VTAs to be issued to a specific user. To make this calculation, Vita Reward takes into account the variables received from Vita AER. Vita's dynamic emission algorithm will not be presented in this version because it is in the process of being built; however, section 9 will give some insights on this subject. Next, a graph is presented where the Vita emission process is detailed step by step. 10

11 11

12 As can be observed in the previous graph, the process is activated when a patient goes to a medical institution to make use of a health plan. For the release of each reward the health organization and the patient must provide certain personal information and the medical service received by the user, this with the aim of, first, supplying the requirements requested by the Smart Contract and to guarantee the transparency of each emission; and second, of being able to store this information to process it and analyze it, which will allow to obtain statistical, socioeconomic, pathological, and population data, among others. After capturing the patient's information, the health institution sends this data to Vita AER, where it is classified according to its purpose. On the one hand, some data is sent and stored in the project database for analysis and study, and on the other hand, the rest of the data is sent to Vita's Smart Contracts to calculate the amount of VTA assigned and Grant it to the correct user. It is pertinent to mention that the data that will be requested and sent to Vita AER and the use it will receive once received: Name and Surname of the Beneficiary of the Reward. * ID of the Beneficiary of the Reward. * of the Recipient's Beneficiary: This address will also be used to indicate to the unregistered patient that it must create a Wallet, or to verify if the Wallet's address exists. * Gender of the Recipient. * Country where the Reward request is made. * City where the Reward request is made. * Identifier of the Issuing Health Organization: This identifier will be granted by Vita once the issuing Health Institution is approved. * Emergency Index: Value from 1 to 3, which indicates the degree of emergency of the service provided to the patient. The details of this index will be published later. * Date and Time of the request. * Amount to pay for the service. Reason for Use: Reason for which the patient's reward is executed, example: Medical Consultation (More details will be published in later versions). Type of Use: Detail of the reason for use, example: Traumatological Medical Consultation, Blood Test (More details will be published in later versions). Disease treated: based on the ICD10 international standard. * Obligatory Data for Award of Reward; Information stored for data analysis. Once the corresponding variables are sent from Vita AER to Vita Reward, the latter determines the amount in VTA to award the patient, the organization that participates in the issuance process and to Vita's main Wallet. Vita Reward, later, calls the Reward method that is in the Main Smart Contract (Token), and indicates the corresponding amounts that must be awarded to each member of the process. The Reward method executes the received order, registers in the Blockchain the corresponding income and expenses and posts the number of Rewards received by the patient. It should be noted that each patient will have a unique identifier in Vita Wallet, a wallet to which the Tokens will be awarded in each opportunity that the patient makes use of Health Systems. 12

13 9. THE EMISSION MODEL As it was already shown in the previous section, Vita will have a dynamic emission model, that is, the amount "R" (the Reward) released to each patient will be variable in time. Understand as an emission model, how 50% (5,000,000,000 VTA) of the total supply of Vita will be injected into the market. For now this method is under construction, however, it is pertinent to describe some of the characteristics and requirements that the promoter team of the present project wants to implement in this emission algorithm. 1. Amount in VTA issued must be decreasing in time, that is, Rewards tend to The amount issued will be affected by variables such as: the commercial value of Vita, the number of Rewards received by the user, the emergency index, the complete supply of the data (by the patient and the organization participating in the issuance process) and the number of total Rewards issued. 4. The amount issued will be subject to two discounts. Up to 5% (of the amount issued) to the company that participates in the issuance process and up to 5% (of the amount issued) to the legal status of Vita. 5. The model achieved will comply with the respective simulation processes. This will be done using specialized software. The purpose of having a dynamic model, and that the amount issued is increasingly smaller, is to control the liquidity that will enter the market in order to increase the demand for the digital asset, raise its price and ensure the supply of Vita destined to Rewards for a good number of years. 3. It must be a function with constant execution time, it can not be a cyclic function. This in order to achieve a constant investment in GAS for each issue. 13

14 10. ADOPCIÓN A key element to ensure the success of Vita lies in the potential for implementation, and in the ability to attract new users. Therefore, there is a need for our solutions to be attractive, be properly documented and have the capacity to be quickly and efficiently integrated into the environment for which they were developed. Now, at this point it is pertinent to answer some questions that will surely be going through the mind of the reader, after having read the previous lines. Why would a government, or a health organization, be willing to integrate with Vita AER? 1. A means to access new capital: Companies participating in the issuance process will receive a percentage of the Reward issued to the patient (This percentage will not be greater than 5% of the amount issued). 2. Access to data and information about their environment: An incentive for companies and organizations that decide to integrate with Vita, lies in the possibility of accessing population and pathological data of their environment, and use them for the improvement of their internal processes, in the taking of decisions, in the application of new commercial strategies, in the implementation of public health policies, among others. This information will have the guarantees of transparency and security offered by the Blockchain. 3. Free and expeditious integration process: The integration process will be documented, it will be easy to implement and will not have associated costs. 4. Implementation of reinforcement mechanisms: Patients will have an agent that reinforces preventive medicine policies, the Reward itself, which will have positive repercussions on levels of assistance. This could result in the emergence of healthier communities and the reduction in the long term, per capita investment in health. 5. Client and patient loyalty tool: The fact that a certain company belongs to this global network, or uses the means of payment described in this project, could represent a determining factor when choosing a place or a service provider. Will Vita Wallet be an attractive APP for patients and users? To access the Rewards, the use of our digital wallet (Vita Wallet) will be mandatory. The fact that these Rewards in Vita, have commercial value in Fiat money and are potentially usable for the purchase of goods and services will serve as an incentive for use and registration for users, thus reducing the risks associated with the use of our solution. How can a new integration affect the price of Vita? With each integration, the range of potential new users and carriers of Vita will increase considerably, which will have positive effects on the price, demand and the number of exchanges made within the ecosystem. Is Vita AER limited to a geographical area? A strong point of this project lies in the fact that it is not limited to a specific geographical area, and can be implemented almost anywhere in the world (except for the limitations of the law regarding the prohibition of possession, use and exchange of cryptocurrencies). As already stated, the process of issuing the Reward will be subject to the reception of certain information in the API; This information is of a universal nature, which will allow this proposal to be implemented in practically any health system. 14

15 11. VITA IN DAILY LIFE As a Key to Access the Vita Ecosystem Access to the services offered in Vita Business for companies, governments and health organizations will require the use of Vita as a means of payment. As a Means of Payment Within the network of health companies, and other economic sectors, that accept Vita as a means of payment. As an Interchangeable Digital Asset Interchangeable within the different exchanges that quote VIta, which will allow the acquisition of Fiat currencies or other digital assets. As an Investment Method A cumulative digital asset that can be used as an investment instrument. 15

16 12. BENEFITS FOR ORGANIZATIONS A mechanism for obtaining transparent metrics and statistics for its customer segment. A means to carry out commercial, awareness, reinforcement and prevention campaigns. In the long term, an element for reducing expenditure for the treatment of chronic diseases. An element of obtaining new income for the organizations that participate in the issuance process. A client / patient loyalty tool. An investment method An additional means of receiving and issuing payments. 16

17 13. AUTHENTICATION AND PRIVACY Authentication Using the features offered by the Smart Contracts, it will be guaranteed that each Reward is personal and can only be awarded to the correct person, that is, to the patient. This should not be interpreted as an impossibility to transfer Tokens freely, as it will only apply at the time of the release of the reward. It should be noted that medical care is a unique and personal event, where the identity of the patient is repeatedly verified, both by the company responsible for the health plan and by the entity that provides the medical services. The fact of obtaining this data under a decentralized approach will guarantee transparent, reliable and free of manipulation and / or modification statistics. The registration and configuration process of Vita Wallet will be announced and duly explained on the date of its launch. Privacy As mentioned in previous sections, the issuance of Rewards will be subject to the reception in Vita AER of certain personal information and the service received by the user. It is pertinent to remember the purpose of this: "First, to supply the requirements requested by the Smart Contract, which would guarantee the transparency of each issue; and second, to be able to store it, process it and analyze it properly, which will allow obtaining statistical, socioeconomic, pathological, and population data, among others ". Obtaining medical and personal data (See section 6, "Issue Process") of the population does not imply, in any case, their crossing (crossing of medical and personal information, so that they can not be related and know the condition of health of an "X" user) for publication and / or sale, this with the aim of protecting the privacy of the patient. It is important to highlight that Vita Business users will only see statistics and general and global medical data; under no circumstances, Vita Business users will be able to access the personal data of patients. On the other hand, during the process of creating campaigns aimed at a target audience, you can not access the personal data of the people to whom certain information will be presented, only the scope and number of possible recipients of the same will be indicated.. In this regard, regulations will also be developed so that the sending of these campaigns does not go against ethics, morals and legal regulations; For this, each campaign will pass a pre-approval process before being sent to its target audience. 17

18 14. SOME RELEVANT DATA The data presented below is intended to support the above facts with concrete facts; Main emphasis will be placed on the Latin American market, and more specifically on the Chilean market, the country that constitutes the epicenter of this project. According to the Chilean Ministry of Health (MinSal), approximately 15,000,000 hospitalizations are performed each year, of which 60% are performed for women and 40% for people over 50 years of age. According to the Chilean Superintendency of Health, women must pay on average 66% more than men for their life insurance. People with disabilities, meanwhile, up to 75% more. World Economic Forum and The Harvard School of Public Health estimate that in the next 20 years, Chronic diseases will cost more than 30 trillion dollars to the world, which represents 48% of the global GDP of On the other hand, an independent report said that chronic diseases cost more than 3,600 million dollars in 2013 to the Chilean State and health companies in that country. According to a report by StarUp Health, technological projects related to the health sector received more than 3.9 billion dollars during the first semester of 2016; This indicates that it is a sector where solutions are being sought to improve services and the effectiveness of processes. According to the WHO, in the last 2 years the growth of the market of information technologies in the health sector has been greater than 80%. According to the Chilean Ministry of Health, around 30% of medical consultations were lost due to the absence of technological tools for patients; this fact caused losses in the public sector of about 28 million dollars. According to the World Bank, the health expenditure disbursed by the patient has increased by more than 9%, from 2002 to

19 15. ROADMAP Publication of the official website, channels and social networks. March 15, 2018 April 15, 2018 Pre-sale start. Publication of the first goal compliance report. June 15, 2018 August 15, 2018 Launch of Vita Wallet. Official start of the Crowdsale. Launch of Vita AER. October 15, 2018 December 01, 2018 Launch of Vita Pay Launch of Vita Business. February 1st,

20 16. INITIAL COIN OFFERING In order to promote the development of the project, 30% of Vita's total supply will be put on the market. This, in addition to allowing the opening of financing opportunities for this project, will allow investors to acquire Tokens at an early stage, giving them the opportunity to obtain benefits and/or use them, whenever possible, within the network of companies that will accept Vita as a payment method or in the different Exchanges. On April 15, 2018 the pre-sale stage began, which will be valid until August 15, During the pre-sale, bonuses will be granted in Vita to each investor; These will start with an additional 35% on the amount purchased and will be reduced as the pre-sale progresses. The purchase and award process of our Tokens will be fully managed by Vita's main Smart Contract, in order to provide transparency to the Buyer. The delivery of Ethereum, should be made only to the address of the Vita Smart Contract and the award of the Vitas purchased by the Buyer will be made to the same address from where Ethereum was sent. SOME IMPORTANT NUMBERS Maximum supply: 10,000,000,000 VTA. Maximum amount allocated to Crowdsale: 3,000,000,000 VTA. Contract Address: 0x9CDDA0DB84d b65349C54a0f dEa The abbreviation of the Vita Token is: VTA. Number of decimals of the Vita Token: 18. PRESALE Starts April 15th Ends August 15th ETH = VTA. 35% Bonus (Afer June 1st 2018). 20% Bonus (Afer July 1st 2018). 10% Bonus (Afer August 15th 2018). Without minimum purchase. CROWDSALE It starts on August 15, Ends on October 1, ETH = 100,000 VTA. 0% bonus. No minimum purchase DISTRIBUTION 30% Presale & Crowdsale. 50% Storage and transparent emission of rewards. 15% Founders 5% Advisors, Collaborators, employees, reserve fund for strategic alliances. 20

21 17. TERMS OF PURCHASE (SUMMARY) In this section, the most important aspects of the document "Vita Purchase Terms and Conditions" will be described in summary form; Investors are advised to read this document, which will be published on the Vita website and its official channels. The offer of these Tokens by the Founders does not correspond to an investment recommendation or a guarantee from the Founders to the Purchaser of obtaining dividends. The Buyer affirms that it acquires the Tokens under its own will and responsibility. The Founders reserve the right to modify the Purchase Terms and the Vita Whitepaper at every opportunity they deem necessary and without prior notice. Once this document has been modified, or the Vita Whitepaper, the Founders undertake to notify their buyers of the existence of a new version of any of the instruments. During the Pre-sale and Crowdsale stage, a Token of Ethereum's ERC20 standard will be sold. The acquisition of the Tokens only grants its buyer rights of use over the digital asset. The purchase of a Vita Token does not imply, in any case, the purchase of shares, the obtaining of dividends or the acquisition of rights over the companies that represent the project. The purchase of the Vita Token does not correspond to a loan from the Buyer towards the Founders. In the event that Vita does not reach the Soft Cap, or that for some reason the project can not be executed, the amount invested by the buyer will be returned to the Buyer at the end of the Crowdsale. The Founders shall not be liable for legal prohibitions that in the future limit or preclude the use of vita tokens within the jurisdiction of the buyer. Vita Tokens are not offered or can be resold to citizens, whether individuals or legal entities, whose residence is in a country or territory where transactions, activities or exchanges with Tokens or cryptocurrencies are prohibited. 21

22 The awarding of the Vitas purchased by The Buyer will be made to the same shipping address of Ethereum, therefore, The Buyer must be sure that the address where Ether is sent is able to receive ERC20 Tokens. The purchase and award process of our Tokens will be fully managed by Vita's main Smart Contract, in order to provide transparency to the Buyer. The shipment of Ethereum, should be made only to the address of the Smart Contract of Vita: 0x9CDDA0DB84d b65349C54a0f dEa; the abbreviation of the Vita Token is: VTA; and the number of decimals of the Vita Token is: 18. The Buyer understands that to obtain the Vita Tokens there are a series of steps and procedures to follow. These steps are published and described in the official channels of the project. Failure to correctly perform these steps may result in NOT obtaining purchased Tokens. In case of doubt, the Buyer may contact The Founders through the support@vitatoken.io. During the pre-sale phase of Vita, bonuses will be granted to the Buyer. The process of awarding these bonuses will be managed directly by the Smart Contract when it receives Ethereum. Only The Buyer will be responsible for managing their passwords, credentials and any other private requirement that allows access to their wallet. The Founders under no circumstances request, by any means, passwords, private keys, phrases or security questions from the financial instruments and / or digital wallets of the Buyer. The Buyer guarantees that the funds used for the purchase of the Vita Tokens do not arise from the realization of illegal activities. Likewise, the Buyer affirms that it will not use our digital asset for the financing, participation or support of this type of irregular activities. For all legal purposes, this agreement will be regulated by Chilean law. 22

23 18. FACTORS THAT CAN INFLUENCE THE VALUE OF VITA The main objective of an investment is to obtain certain profitability over time. Although the future is uncertain, some factors have been identified that may have a positive impact on the price of Vita in the medium term. The demand for data and information, mainly in the medical area, has increased exponentially in recent years. In this sense, Vita may become an element of high demand for new organizations, companies and governments that require an additional means of obtaining and generating information to improve the effectiveness of their processes. With each new integration the number of potential new Vita users increases, this could have an impact on the demand and the commercial value of the Token. Being a tradeable asset will promote the constant increase in the number of exchanges within the ecosystem. Due to its nature, Vita represents a potentially massive and high demand digital asset, since it will be reaching social and population sectors that, until now, are unattainable for any other Criptoactive. Having a dynamic Rewards emission model will allow reducing the amount of each reward (in Vita) over time. The fact of being used, promoted and accepted by large companies and corporations in the health sector could have a positive effect on the confidence levels of their carriers and users. 23

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