iConsult Software Ltd. has developed a reward based ERC20 token called Cosmecoin (COSX), which will run on the Ethereum Blockchain, for use within the Cosmetic and Medical Aesthetic sector. COSX is a loyalty based reward token which utilises smart contract technology and which can be redeemed for treatments and products in exchange for highly valued customer feedback forming a verified peer feedback database.
The goal of the iConsult token sale is to convert iConsult’s business into a decentralized token-based trusted ecosystem that will enable and promote better care for patients, whilst rewarding practitioners with additional opportunities by virtue of patient feedback and ratings. COSX will reward and encourage best practice behaviours and the adoption of our core values and is intended to change the way the consumer engages with cosmetic surgery and aesthetic procedures for the better. Specifically, the feedback and rating system, together with the requirement for interaction between consumer and practitioner, should improve the trust between both parties and ensures a clearly defined and compliant pathway for treatment, thereby reducing complaints and possible future litigation.