The impeccable technology of blockchain has the ability to create a guarded and risk-free business. The limitless opportunities offered by this decentralized system have led to creating adaptable products and services which were implausible a decade ago. The demand for blockchain dependent services is accelerating at a rapid pace which has given rise to many startups set out to revolutionize industries. Here are three startups which, powered by blockchain are disrupting the healthcare industry.
wHealth took on the onerous task of data monetization and allows users to actively manage and benefit from their health data. It has an anonymized and aggregated data set called Health Commons into which users can opt-in and share their data which is sold to approved health institutions, and individuals are rewarded accordingly for their input. Users can also earn various WLTH tokens by hitting targets like walking 15,000 steps, participating in a health study, getting adequate sleep or consistently syncing home monitoring devices which can be later used to buy various in-app services. This technology is easily integrated into other apps who can either use WLTH to offer real rewards or enable data monetization for their own users.
Lympo focuses on fitness, activity and motivating people to move instead of incentivizing broader wellness goals. Users can also earn LYM tokens by fitness level tracking to purchase products and services. However, Lympo invites entrepreneurs to use the anonymized data collected through their app to create innovative new data-driven companies that will further improve fitness outcomes. It also encourages users to use their acquired LYM tokens to crowdfund the most promising upstarts. This encourages entrepreneurs to make fitness more achievable and reinforces the notion of community, especially as they are all out to slay one particular goal.
HealthWizz is a unified logbook that provides ease in aggregating, organizing and selling one’s medical records and also encourages you to own your health data. It can store data from wearables, medical records, lab testing, and doctor visits. Similar to wHealth, users have the opportunity to sell it to medical professionals, trainers or any healthcare companies. Healthwizz is different from other apps in framing the conversation around access to medical records and information, rather than the attainment of health goals.
*Source : Medium