Venture rewards wholesome habits with tokens

Blockchain use instances proceed to develop because the world learns about the advantages that it brings. Aside from bringing monetary improvements like the power to do peer-to-peer transactions, blockchain now makes its strategy to the well being business.

Well being specialists created a technique to trace and retailer well being knowledge utilizing blockchain know-how. Rosanne Warmerdam, the CEO of Well being Blocks, instructed Cointelegraph that her group had developed a manner for customers to generate and retailer sufferers’ well being knowledge with out sacrificing their privateness and safety. 

“We wished to start out with giving customers possession and management over their well being knowledge,” stated Warmerdam. By constructing on prime of the IoTeX blockchain, their platform Well being Blocks collects lifestyle-related well being knowledge from wearables and different good gadgets and connects it to a decentralized well being profile.

The mission additionally offers incentives as customers attain their well being objectives. “We need to make a wholesome life-style enjoyable and rewarding, offering instruments to enhance well being and supply entry to well being providers for all,” stated Warmerdam.

With this, customers can get tokens as they obtain their well being objectives. In accordance with Warmerdam, “when a consumer reaches a well being objective of 10,000 steps in a day, a sensible contract is triggered, sending tokens to your profile.”

Associated: $1B science fund seeks blockchain tasks to develop human lifespan

In the meantime, a medical agency in Mexico is utilizing blockchain to confirm COVID-19 testing outcomes. MDS Mexico makes use of the know-how to keep away from the fabrication of outcomes. The group certifies the COVID-19 detection by way of blockchain and cryptographic signatures. This protects the data by utilizing a novel, immutable, and unalterable QR Code that may simply be verified.

There are a selection of present use instances for blockchain within the medical discipline, however many predict it’s open for extra breakthroughs. Whereas discussing new potential crypto and blockchain use instances, billionaire Mark Cuban additionally shared theories on how a decentralized autonomous group could also be utilized in medical procedures like offering colonoscopies.