Wednesday 21 February 2018

LYMPO: BECOME THE TRUE OWNER OF YOUR SPORTS AND HEALTH DATA VIA BLOCKCHAIN


The upsurge in the use of health apps and wearables is fast becoming a routine lifestyle of the technology-loving 21st century generation. However, underutilization and inadequate interconnection of existing data stifles the users’ ability to gather, share and monetize the data they generate.
After a critical analysis of the problems that impede the success and growth of the Mobile Health Data Industry, Lympo has come out with exceptional one-in-a-million ideas to salvage the situation and thus ensure maximum utilization of data while awarding every stakeholder in the lympo ecosystem. To every key player in the health and wellness industry, LYMPO has come for your good.
Problems Identified in the Mobile Health Industry

· Ownership
While we constantly download or use inbuilt mobile health apps and fitness wearables, our most valuable data may be inadvertently “leaked” to the owners of these app who make huge profits from our personal data. Don’t users deserve more than just using apps to track their health while giving out information to mobile health app owners? Are we entirely secured about the anonymity of the data we put out in these apps? Certainly, we are still vulnerable!
Solution
LYMPO believes that all of us who use these health apps deserve to be absolute owners of every piece of information about our health and wellness. Lympo’s health/fitness app helps to aggregate data of users, does not share the user’s data but allows monetization of the data

· Integration
Information users provide in order to use mobile health apps are usually specific to particular apps. For example, one app may concentrate on hypertension while another app may concentrate on diabetes. This leads to a situation where users do not have organized interconnections between all areas of their health. Their data are just scattered without putting them in one big picture. How will users of mobile health apps obtain feedbacks from their fitness coaches, physiotherapists and general practitioners all together in a single app?
Solution
Lympo will provide users with ability to have that interconnection between all areas of health in one app that the users are interested in.

· Free Data Flow
Usually a particular mobile health app tries to lock a user within their own platform only.
Also, some data protection laws prevent companies from sharing freely users’ personal data.

Solution
People who are interested in healthy lifestyle and own collected data from dozens of sources could make the best use of it by connecting different products and services to make sure that every key player gets a profit from the free flow of data.

Involvement of Blockchain in Health Industry
In simple terms, blockchain technology will enhance anonymity and ensure patients’ confidentiality, a core principle of the health sector. Blockchain will make it impossible to change or tweak user generated data in a digital ledger. The users/patients become the true owners of their health data in that they control who gets access to these data.
Most existing or projected blockchain applications in healthcare fall into these categories:
· Interoperability between medical institutions
· Electronic medical records
· Insurance
· Medical trials
· Genomic research
· Patient-generated data/Quantified-self data commons

NB The Lympo ecosystem starts with the Patient-generated data/Quantified-self data commons
How Does Lympo Work?
At Lympo, LYMPO utility tokens are at the heart of user-generated and user-controlled fitness and wellness data. The lympo utility tokens will make all exchanges possible within the lympo ecosystem. There is a fair reward for all players and also data is used more efficiently in the ecosystem. The mobile health app user is at the center of the lympo ecosystem as well as all key players in the fitness and wellness industry. The table below illustrates into details how lympo works.



NB: This is just a truncated version of the full table in the lympo white paper. Kindly download the full white paper at https://www.google.com.gh/url?sa=t&source=web&rct=j&url=https://www.lympo.io/whitepaper-lympo.pdf&ved=2ahUKEwjvhI-8iLXZAhXGyqQKHS1uC9gQFjAAegQIDxAB&usg=AOvVaw3NEC0bXEaM_CxfV575O9Uf  for every detail. Visit lympo's website for more information at https://lympo.io/

Arms of LYMPO


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The Lympo Wallet & User Rewards Mechanism
Lympo fitness wallet functions as an entry to the ecosystem and allows a user to create their profile, fill in their health data and connect it to their favourite sports and health tracking apps. The individual data submitted through Lympo fitness wallet will be available to users and can be viewed or shared with a blockchain permission. Market players interested in having direct access to lympo digital wallet will have to issue reward in the form of:
1. A reward for achieving a set healthy lifestyle goal. For example, running kilometers or doing any other health related activity and submitting the app record to your lympo profile.
2. A reward for checking into a particular place for a specified time period. For example, joining a gym class
· Lympo Marketplace: Monetizing Data
In the lympo ecosystem users are allowed to spend tokens in exchange for healthy lifestyle goods and services and make lympo platform transactions and purchases.

· Lympo Crowdfunding Platform
The third arm of the Lympo ecosystem is a crowdfunding and investment platform. Here, LYM token holders are able to invest in fitness/wellness/health start-ups that they deem promising. Lympo ecosystem members who know what the industry need will review this. LYM token holders will have a percentage in shares of for every token they contribute.

Security
Lympo community will be safe for its members in that lympo will be committed to giving its members the highest-level security measures in accordance to latest developments in cybersecurity best practices. All in the lympo database will undergo encryption with modern encryption algorithm. Lympo will also ensure that periodic checks are done to ensure best functionality in system activities. This will check issues of corrupted data, failing data and software errors are checked.

LYMPO (LYM) Token Sale
Kindly join our ongoing token sales. You cannot miss out a lifetime’s opportunity of being the owner of the most valuable asset you have- your health.


Please join our Telegram channel https://t.me/lympo for more news and updates! Please visit our website https://lympo.io/ for more details.

Other useful links you can visit include
https://m.youtube.com/channel/UCxklkPMx5daiRhYMfpHCg0Q?view_as=subscriber
https://m.facebook.com/Lympo.io/
https://twitter.com/Lympo_io
https://t.me/lympo

11 comments:

  1. I read about this project a couple of days ago via twitter. I can vouch for its success in the crypto markets in a couple of years. Investors like myself can't miss out on enjoying these benefits from our health and sports data. All the best lympo!

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  2. Such a catchy project! I'm thrilled that I can be empowered to take control of my own health data. I'm inviting people to join the token sales. Project looks promising

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  3. These kind of projects need every backing from the entire cryptocurrency community. Good work

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  4. Taking our health data into account via blockchain technology is just fantastic. I'm enchanted by how this project has been carefully laid out. I hope I'm enthused as much by the time I'm done reading their whitepaper.

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  5. An amazing project and I hope it becomes successful as it deserves to be

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  6. I have read through the project and I must say it’s an interesting project with a lot of potential. I’m intrigued by what might follow. I hope it gets the necessary recognition and becomes a success.

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  7. This project would really be great if it was to be successful

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  8. Clearly outlined article on such a great project. I must include my family to enjoy to be part of this ecosystem

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  9. I vouch for this project. It's got all the potentials to rise to the moon and even beyond. Keep rising #Lympo

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  10. I'm happy that blockchain technology has been introduced in health. I love anonymity. I hope lympo continues to empower people. All the best in token sales

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  11. Health data backed on blockchain is the best thing that can ever happen in the health field. Patient's confidentiality is protected, and people can actually "cash in " on their health data. Well done Lympo

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