Eyecity.com Inc (ICTY)

[jhnvtjll]

Simply described, the Company has developed and will continue to develop a platform of
healthcare providers ( doctors, facilities, etc.), who will be paid through the system. Patients find
healthcare services with up front prices through the Company's platform. Appointments can be
booked either directly with healthcare providers on the system or through both internet access
and directories, or quite uniquely through Amazon Alexa and Google Home. Those platforms
are already up and operational. The cost of services is transparent to the user, which is an
enormous advantage over current systems. When an appointment is booked, the CarePay system
through a smart contract places the patient's payment for the service into a sort of electronic
escrow so that the healthcare provider is assured payment. Upon delivery of the services, the
payment is transferred to the provider. CareX takes a small fee (2-3%) for performing the
escrow service, which is its revenue and compensation. This system enables patients and
businesses to bypass traditional insurance and healthcare costs at a time when they are sky
rocketing and increasingly unavailable to the uninsured and underinsured. Healthcare providers
are assured payment for their services, and as such can charge a much more reasonable rate. As
you may be aware, more than 50% of healthcare costs are effectively written off by healthcare
providers nationwide which has the impact of increasing everyone else's cost.