IntroductiontoMediConnect

October 2019

AnotherLifeLost

Alethaldrugsloophole:Debbie,41,tookpainkillersforabadback.Butwhenherdoctortriedtoweanheroff,sheturnedtoonlinepharmacieswhosoldher3,700codeinepillsinthemonthsbeforeshedied.HowCANthatbelegal?

Mike'slifeunravelledoneJulymorningin2017,whenhegotacallatworktosayhispartnerof20yearsDebbieHeadspeath(pictured),41,hadnotarrivedatheroffice

NHS:23%oftheUKpopulationwillbetreatedforamentalhealthproblemduringtheirlife.

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• UKbasedcompanyfoundedin2018toprovideaninnovativesolutionto:• Preventthemisuseandoverprescribingofprescriptiondrugs

• Establishdrugprovenance• Improveandextendthedrugrecallprocess

• Managementteamcomprisedofexperiencedindustryexecutivesandhigh-profilebusinessleaders

Overview

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ProblemsandMarketSize• Thehealthandpharmacyindustriesfacetwobigpracticalandregulatorychallengesthatalsohaveincreasingsocietalimpact:• Theoveruseofprescriptionmedicationisincreasingdramatically,leading toaddictionand

furtherhealthcomplications• Counterfeitdrugsareincreasinglyavailable,anditisdifficult foranyonetoestablishprovenance

• Thenecessarysystemiccontrolmechanismsdonotexisttopreventpatientspurchasingprescribedmedicationfrommultiplesources,specificallyintheprivatesector

Currently, it is possible to be prescribed the same medicine from one or more online pharmacies aswell as your regular NHS doctor. According to the BBC, in England and Wales, there were 23 millionopioid-based painkillers prescriptions in 2018 - a rise of 9 million prescriptions since 2008

NewGPhCregulationsApril2019

NewEU&UKregulationsFeb2019

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Vision

MediConnectwillenable:

1. Preventionandcontrolofdrugabuseandaddiction

2. Betterandmoreappropriatetreatment

3. Drugrecalls

4. Muchstrongerregulatorycompliance

5. Dramaticreductioninregulatorycomplianceburdens fortheregulatorsandregulatedorganisations, throughaccesstorealtimedatamonitoring

6. Reductionsinwasteddrugs

7. Reductionsincostsandrisks

8. Support foradditional business requirementsandimprovements

9. Highassuranceaccountability&traceability- legallyadmissible dataforthejusticesystem

10. Support forthewidercaresystem,social servicesandemergencyservices

To become the vital, trusted, authoritative reference used by patients, prescribers, pharmacies, drugmanufacturers, regulators and more, for the management and real-time traceability of prescribed drugsand other products.

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ThePlatform

MediConnect PlatformDecisionEngine

Manufacturer WarehouseOnline

dispensary

Store

Offlinedispensary

Prescription

MediConnectOffline data

TransactionDLT

Doctor

PatientSecuredelivery

AutoRepeats

Pharmacy

MEDItoken

Paymentsgateway

KYC&IDManagementEngine

(Person)Identity

Federation

(Organisation)IdentityRegisters

IDPsIDPsIDPsIDPs

IDPs=IdentityProviders

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PlatformBackedbyDLTandBlockchain

A private permissioned distributedledger technology to store transactionsthat link to customer prescription dataand provenance data for medicines

TheMediConnect private DLT will link to off-chainregisters for product, prescription, dispensing,logistic and personal data. The DLT provides alegally-admissible, tamper-proof record

A private permissioned blockchain tohandle token-based payments

Patients canusefiatcurrenciesortheMEDIcoinforpayments,usingadigitalwalletbound totheirpharmacyaccount/profile

Smart contracts will be used to create secure, legally-binding agreements in the distributed ledger. Thiswill enable the creation and management of batches of medicines linked to the individually marked itemwherever possible. This can provide fine grain visibility to the point of consumption, for control andpatient benefit

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UserIdentification

• AllMediConnectPlatformuserswillundergoaKYCcheckbefore theycanissue,receiveoruseaprescriptionoradrugorcontrolledmedicalproduct • Theidentitycheckresultwillbestoredontheprivateledger• TheKYCcanbeupdatedatanytime• Attemptstocreateasecondidentityatanother IDP(IdentityProvider)orpharmacywillfail• TheinitialKYCenrolmentandIDchangeswillnormallybeunder5minutes• Returninguserauthenticationtakesunder2seconds

• UserIdentificationisbasedonfederatedidentitymanagementwithapproved IDPs

• Role-BasedAccessControl(RBAC)appliestoallpermissions andauthorisations• Onlyadoctorwillbeabletocreateaprescription• Onlyadrugmanufacturerwillbeabletoaddabatchofregisteredmedicine• Onlyapharmacycanaddtheitemnumbers

• ThePlatformprocessesthebusiness rulesinaccordancewiththeMediConnectCommonPolicyaspartoftheGovernance

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TokenEconomy• Thetokenizedeconomywasintroduced intotheMediConnectplatforminorderto:

• buildascalableappeconomywithvariousmonetizationmodels• motivateparticipatingpharmaciesandtheiruserbasestobemoreactiveinthepharmacies’websitestotendtotheir

pharmaceuticalneeds

• TheMEDItoken (MEDI)isautilitytokenbasedontheSTRATtoken

• Alltransactionswithin theMediConnectplatformrequireMEDI.Usershavetheoptioneithertospend,purchaseorearnthemontheparticipatingpharmacieswebsites

• TheabilitytotradeMEDIwillshortlycommenceonselectedexchanges

BuyingMEDITokens• Exchanges• In-apppurchases

through allparticipatingpharmacies

EarningMEDITokens• Pharmacyloyalty

programmes• Referringfriends• Sharing/contributing to

pharmacyblogsandonlinecommunities

SpendingMEDITokens• Buyingpharmaceutical

products• Buyingservices• “Buyingdiscounts”on

products

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ProjectedBusinessPlanProofofConcept Pilot Phase1 Phase2 Phase3

Dates Oct-Dec2019 H12020 H22020 H22020(contd.) Jan2021onwards

Geography Local Local Local Region(s) UK

Purpose InitialtechnicalfeasibilityBasedatarequirements

Business valueandblockchain technicalfeasibility

Uservalidation Transitionandadoption Scaleupandnationaladoption

Deliverables/outcomes

TechnicalfeasibilityTestofexistingprocesses&procedures

Business rules, anomalydetection,datataxonomy

Identity&authentication,enhancedbusiness rules,governance

InteroperabilityAssuranceCertification

FederationFuturerequirements

Functions Testdata(beta)Existingapp

Testdata(beta)Existingappandblockchain beta

Limitedrealdata,enhancedapplication,pre-productionblockchain

Realdata,enhancedapplications, productionblockchain, certification

Realdata,interoperableapplications, productionblockchain, federation

Participants UKMeds+oneother +8pharmaciesincludingNHShospitals

+Hospital, Amb,SocialServices, Pharmacy,securedelivery, patient,mobile apps

PharmaceuticalsNHS

Emergencyservices +

Socialisation&Communication

+8partners,NHShospitals, localpharmacommittees,GPsystems

Hospital,Amb, SocialServices, Pharmacy,securedelivery, patient,mobile apps

Police,region Emergencyservices + Military

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KeyManagementTeam

DexterBlackstockChiefExecutiveOfficer

Dexter Blackstock had a 14-year careeras a professional footballer, playing forSouthampton, Queens Park Rangers, andNottingham Forrest. He has also playedat the international level for theEngland Under-21 side and the Antiguaand Barbuda national team. Followinghis successful sporting career, Dexterhas focused on new technologies andhow they can be applied to thepharmaceutical industry.

BobbyCatoOperationalManager

Bobby Cato has significant experience inmanaging complex business structures anda great working relationship with CEODexter Blackstock. Not only does he workon the operational side of MediConnect,Bobby is also involved in Marketing,Community and Business Development.On top of this all, he also is our Wikipediawhen it comes to specific questions aboutand aroundMediConnect!

GaryNelsonHeadofEngineering

Gary Nelson is an IT development expertwith over 25 years of experience in the ITsector and more recently in the blockchainindustry. Nelson is currently a SeniorTechnical Architect at IBM, focusing onEnterprise Data Warehouse and BusinessIntelligence capabilities. Prior to that, hehas headed Development IT teams forsome of the largest companies in theworld including Johnson and Johnson,Janssen Pharmaceuticals, Teradata, Avaya,Unisys, Barclays Bank, Tesco, Nokia, Kescoand Lloyds Banking Group.

HarryChathliHeadofInvestorRelations,

Communications andStrategy

Harry is a capital markets and mediastrategist. He has been the key PR adviserin over 30 IPOs on the LSE (Main List andAIM), NASDAQand other global bourses aswell as in other transactions and corporateevents such as M&A, MBO, crisiscommunications. Over the past threeyears he has developed strategies forblockchain technology companies and hasconducted communication campaigns forseveral ICOs. He was previously amanagement consultant, advising foreigngovernments on their economic reformprogrammes.

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Advisors

JoeSoizaUKMedsOwner&Healthcare

Visionary

Joe Soiza has already built UKMeds into one of the UK’s largestprivate prescribing onlinepharmacies in just 2 years. He isan accelerated growth specialistwith a detailed knowledge ofprescription processes used inconsumer healthcare.

PatrickCurryOBECEO,BritishBusinessFederation

Authority (BBFA)

Patrick Curry has a technical andbusiness executive background ingovernments, aerospace, defence,EU, North America and Asia,particularly regarding the controlledsharing of sensitive information. Heis CEO of BBFA, a non-profitorganisation which supportsParliamentary, government andindustry collaborative digitalinnovation. His role is to helpoperationalise MediConnect andshape its future expansion.

SamuelOgunsalu BScAdvisor

Samuel Ogunsalu originally comesfrom a background in scientificresearch and has over 20 years’experience in technologicalcommercialization, licensing, andbusiness development. His workhas involved companies such asMersk, GSK, and Pharmacia.Samuel has functioned in anadvisory role to private and listedcompanies in both the UK and theUSA, and, in addition, he has alsoset up joint ventures, start-ups,and spinout companies to developnovel technologies.

ShyamMorjariaMRPharmSSuperintendent Pharmacist&

HeadofPurchasing

Shyam Morjaria is a versatileindividual, with a background inthe pharmaceutical wholesalebusiness, who serves in amultifaceted role for UK Meds.He has a talent for negotiationand networking combined witha clinical expertise. He waspreviously appointed aResponsible Person (RP) forGood Distribution Practices(GDP), which is a requirementforwholesale distributors.

ChrisTrewCEOandFounder,StratisGroupLtd

Chris Trew is the CEO and Founderof Stratis Group Ltd, an enterpriseblockchain technology companythat offers businesses a full suite ofplatform, products and consultancyservices to help them developbespoke blockchain applications.The Stratis Platform comprises ahybrid of private and publicblockchains programmed in C# onMicrosoft’s .NET core framework.Chris is a member of theMediConnect Advisory Team andoversees the architectural design ofthe MediConnect BlockchainSolution.

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Conclusion• Setuptohelppharmaciesandhealthorganisationspreventthemisuseand

overprescribing ofprescriptiondrugs, establishdrugprovenanceandstreamlinethedrug recallprocess• Newusecasescanbeaddedontheplatform

• Enhanceregulatorycompliance, including toughnewregulations,andreducewaste,risks&costs

• Builttohelpregulatorsregulateandreducetheauditburden

• Userbaseispredicted tobecomenationalwithinfouryears

• Scalablebusinessmodelbasedontransactionand/orsubscription fees,withadditionalbenefits throughuseofthetradeableMEDItoken

• Highlyexperiencedmanagementteamcomprisedofexperiencedindustryexecutivesandhigh-profile businessleaders