Blockchain meets activity tracking: Project rewards healthy habits with tokens

Blockchain meets activity tracking: Project rewards healthy habits with tokens

Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry.

Health specialists created a method to track and store health data using blockchain technology. Rosanne Warmerdam, the CEO of Health Blocks, told Cointelegraph that her team had developed a way for users to generate and store patients’ health data without sacrificing their privacy and security. 

Our top trading bots

“We wanted to start with giving users ownership and control over their health data,” said Warmerdam. By building on top of the IoTeX blockchain, their platform Health Blocks collects lifestyle-related health data from wearables and other smart devices and connects it to a decentralized health profile.

The project also gives incentives as users reach their health goals. “We want to make a healthy lifestyle fun and rewarding, providing tools to improve health and provide access to health services for all,” said Warmerdam.

With this, users can get tokens as they achieve their health goals. According to Warmerdam, “when a user reaches a health goal of 10,000 steps in a day, a smart contract is triggered, sending tokens to your profile.”

Related: $1B science fund seeks blockchain projects to expand human lifespan

Meanwhile, a medical firm in Mexico is using blockchain to verify COVID-19 testing results. MDS Mexico utilizes the technology to avoid the fabrication of results. The team certifies the COVID-19 detection through blockchain and cryptographic signatures. This protects the information by using a unique, immutable, and unalterable QR Code that can easily be verified.

There are a number of existing use cases for blockchain in the medical field, but many predict it is open for more breakthroughs. While discussing new potential crypto and blockchain use cases, billionaire Mark Cuban also shared theories on how a decentralized autonomous organization may be applied in medical procedures like providing colonoscopies.

Read on concerning Cointelegraph
Short term Bitcoin buyers transition to long term holders: Glassnode
Over the past week, long-term holders of Bitcoin increased their spending to a level that suggests de-risking from the market, but hodling remains the predominant...
Multichain under fire from users as hacking losses grow to $3M
Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.Earlier this...
Retail is pushing the Bitcoin price up, says Ledger CEO
As crypto prices recover after a slump last week, Pascal Gauthier, CEO of crypto wallet firm Ledger, addressed questions relating to the state of the crypto...
Binance partners with Indonesian telco to develop new crypto exchange
Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform.According...
Big jump in investors who favor crypto over stocks: Survey
New research by consumer data aggregator CivicScience has found that a growing number of investors are selling their shares to purchase more crypto. The...
Three Arrows buys 156K ETH in the weeks after CEO 'abandoned ETH'
Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether in the time since CEO Zhu Su publicly slammed the...
Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair
This week, Ether (ETH) price reached a new 2021 high against Bitcoin (BTC), bringing its year-to-date returns slightly above 350% and according to technical...
ENS DAO delegates offer perspective on DAO governance and decentralized identity
Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community. Cointelegraph spoke...
BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining
It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result.Five months ago, China caused a considerable...
Swipe, IoTeX and CyberVein lead altcoins higher after Bitcoin hits $46K
The cryptocurrency market has shown a new level of resilience on Aug. 9 as a majority of tokens have managed to maintain recent gains and Bitcoin price...
Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies
Generating momentum and attracting investor attention can be a challenge during the best of times in the cryptocurrency market and it is an even bigger...
Bitcoin Falls 11% In Selloff
Investing.com - Bitcoin was trading at $50,673.0 by 19:54 (23:54 GMT) on the Investing.com Index on Wednesday, down 10.62% on the day. It was the largest...
Anchoring the worlds with flexible and high-performance on-chain governance
With adoption accelerating, blockchain’s potential to transform life in every way — from how business is conducted to labor division, operating systems...
Time magazine seeks CFO comfortable with Bitcoin and crypto
A new job posting from Time magazine shows the 98-year-old publication is looking for a chief financial officer familiar with blockchain and cryptocurrencies.According...
Kaspersky Lab Has Detected A Vulnerability In The Telegram Messenger
Kaspersky Lab discovered a zero-day vulnerability in the Telegram messenger, which was used by hackers to infect a Windows application and distribute software...