Photo - AFYA REKOD
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AFYA REKOD

Consumer-Driven Health Data Platform

Kenya
Market: Blockchain, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 27.04.2020
Min investment
$  100.000
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Total required
$ 200.000
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Idea

With the whole world struggling with the Corona Virus pandemic, It's currently evident to the world that a centralized health management systems that rely solely on people walking into a health facility to acquire the patient data are not sufficient.
Afya Rekod is a decentralized medical data storage platform that allows patients to store their health records, the medication they take as well as keep journals of their health statuses and that of their kids and families.

Current Status

Afya Rekod platforms are working solution, we have an MVP which we are finalizing conversation with counties in Kenya to start using the platform. We are providing the platform and our support to the counties at no cost as part of our mission to be socially driven and impactful.

Market

AfyaRekod platform is not a replacement of the current health systems that are used by various organisations; instead, we have democratized the health data collection process. The patient will be responsible for storing and managing their medical records.
The shift from organisations to individual users will expand our target market, virtually every person in the continent is a targeted patient for AfyaRekod, including the doctors. We have segmented our user into three broad categories
Active User: Patients suffering from various types of disease
Semi-Active User: Mothers, Pregnant women and health social health workers.
Passive Users: Everyone else.

Problem or Opportunity

Africa has limited doctors and limited access to health care services.
Lack of Patient's data in real-time makes the problem even more damaging to patients and health service providers across the continent. Over 65% of Africans lives in rural communities that are not connected or are off-grid in terms of health care service. Which means a central medical record solution doesn't work.
This is true in many sectors, and when it comes to health, there is both a lack of primary community health data on diseases and most importantly, patient data to save lives.
AfyaRekod is working to increase access to health data by decentralizing the data collection process, allowing users to update and keep a record of their health data.
The lack of health data has enormous adverse effects. Without health records, doctors can't serve patients properly, and patients can't get access to health care on time. Some of the effects include:
- Inefficiency that leads to untimely deaths
- Low-quality health care and access to health care services, i.e. HIV, Cancer etc
- Delayed response to outbreaks, and epidemics that kills millions in Africa, i.e. Ebola.
- Inability to manage and deal with changing and resistant virus, i.e. new strand of Malaria.
The Corona virus pandemic is giving us an opportunity to launch the platform for mass uptake globally at a time when individuals across the world are focusing on alert looking out for symptoms and information. And governments and health stakeholders are struggling with data on how many, where and what, when and how everything is happening.

Solution (product or service)

Afya Rekod is a decentralized medical data storage platform that allows patients to store their health records, the medication they take as well as keep journals of their health statuses and that of their kids and families. The platform is AI-driven uses various AI modules to help detect abnormalities, detect early outbreaks and monitor mobility and evolution of diseases via timely data analytics.

Competitors

- Helium health
-AITOPYA
- Dr Elsa

Advantages or differentiators

Afya Rekod is built on blockchain technology which provides an added layer for our user's information.
Medical records for each user is stored as blockchain-based tokens, enabling trusted parties from the statutory, insurance, medical and regulatory compliance industries to attest to the authenticity of the token and it’s provenance.

Business model

Afyarekod has various revenue streams; for everyday users, we will not charge any fee for them to use the platform. Institutional users, i.e. doctors, NGO's, donors, and hospitals, will pay a market rate subscription fee to use the platform.
The viability of our business model lies in organisational partnerships.
Partners like pharmaceutical companies will be able to have their surveys conducted on the AfyaRekod platform. Some of the cost will be used to incentive patients to take part in the surveys increasing engagement on Afyarekod.

Money will be spent on

Proposed use of funds:
- CUSTOMER SUPPORT
- DEVELOPMENT AND ITERATIONS
- OPERATIONS
- TRAINING
- EXPANSION
- USER ACQUISITION
- CAPACITY BUILDING IN LOCAL MARKETS

Offer for investor

- A board seat and a certain percentage of shares

Team or Management

Risks

- A misdiagnosis given to a patient through in-app consultation
- Because of the sensitivity medical records any attempt of data breach might negatively impact us.

Incubation/Acceleration programs accomplishment

We are currently being incubated by ADALAB Africa a tech fusion Lab.

Photos

Photo 1 - Consumer-Driven Health Data Platform
Photo 2 - Consumer-Driven Health Data Platform
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video