Lympo Platform mHealth with Blockchain
Do you guys know about Blockchain? for those who just joined us here I will explain in advance what is Blockchain.
Blockchain is a distributed system that records and stores transaction records, in a way that makes it impossible to change the content of transactions in a digital ledger. Each transaction block is stored in the ledger and is chronologically linked to another block after transaction records are verified by a distributed peer-to-peer network. End-to-end encryption makes interactions such as storing, swapping and viewing information possible without established trust between the parties. Avoiding a central authority, blockchain relies on an anonymous network of participants that prevent privacy violations and confidentiality. In its development Blockchain can be used for various services that exist today such as Bank, Marketplace, Gembling, Wallet, and many more. Blockchain is a technology that can be developed into anything and not limited to a single point. Like this project, which uses Blockchian for their services. This project has a concept about the world of health. The project is called Lympo a Mobile Health Platform that uses blockchian. If you are interested in this project see my article below about the explanation Lympo project.
The digital health market is exploding in a number of new companies and with an expected market size of $ 233.3 billion by 2021. Most of the growth is predicted to come from the mobile health market (mHealth). In 2016 alone, the estimated number of mHealth applications increased by 57% 2. In the same year, the number of mHealth downloads in the app store reached 3.2 billion, with 52% of smartphone users collecting health-related information on their phones3. Most new phones have health-related data collection capabilities that show this number to soar in the years to come. At the same time, Since 2005 the sports and health markets have almost doubled from 46 to over 90 billion US dollars. All the major market players in the industry: from personal trainers, gyms, sport clothing and healthy food producers to health insurance companies and companies that aim to provide healthy lifestyle incentives among their employees, can take advantage of the inter-platform fitness and fitness data exchange. However, data tracked by users every day remains limited by a single provider or a small partner network.
In 2011, the World Economic Forum announced personal data to become a new asset class. Among all the data classes, health-related data is one of the most valuable and expensive assets. However, it turns out our personal data is not our personal assets. A study in the Journal of the American Medical Association found that "many health applications may share patient health data without their knowledge." 6. Another study on cardiovascular disease risk reduction (CVD) with the help of mHealth applications and its use may be terminated.
However, users who generate this data can not collect it, share it, and earn money from that data. Moreover, since it lacks the means to connect existing data, the industry can not unleash its full potential for the benefit of all market participants. The emergence of mHealth applications has not been able to promise digital technologies that empower individuals and result in better health care and more sports and health-related markets. The Lympo ecosystem solves this problem. Supported by user generated and controlled fitness and health data, Lympo will enable value exchange through the introduction of the usefulness of LYM tokens. Lympo's goal is an ecosystem where data is used efficiently by all industry stakeholders and everyone gets a fair reward. It consists of three pillars: Lympo fitness wallet, Lympo crowdfunding market and platform. Lympo's digital fitness wallet and user reward mechanism are at the core of the Lympo ecosystem. The wallet serves as an entry tool to the ecosystem and allows users to be rewarded in the form of a LYM token for the achievement of their healthy lifestyle.
The components contained in the Lympo platform
- Lympo Core
The main business logic will be implemented on this component. This component will contain all relevant algorithm processing rules and activities in the ecosystem. It will perform data validation and will interact with blockchain to process the contract and issue multiple transactions, if necessary.
- Lympo API
A collection of programming and interface functions to make the Lympo ecosystem accessible to software development companies. The API will provide sufficient flexibility, while respecting all security regulations applied in Lympo Core. Lympo will encourage third parties to create additional services in the ecosystem, which will benefit system users and investors.
- Main Data store
Database where all system data will be stored. This will include user accounts, system data and detailed information about smart contracts. The fitness data recorded by Lympo users will also be stored in this data storage. The security measures described will be taken to protect the data, and will only interact with the Lympo Core system, which will ensure that only authorized persons and processes can access relevant data.
- Lympo User Interface
Web portals and mobile apps developed by the Lympo team. The user interface will be a major entry point for users to create and manage their Lympo accounts, propose in appropriate "training programs and rewards options, pay for services, create smart contracts and monitor Lympo token balances in their accounts.
- Access Engine Data
Separate components in Lympo Core, developed exclusively to add additional security checks for data shared with third parties. External developers will gain access to the system via the Lympo API, but personal data is of great concern and requires additional handling. Permission to access data can only be given by the owner of the data, and this component will validate this permission. In addition, the data access engine will audit any external calls to the API, therefore each user will be able to see who has accessed their data. In addition, the component will perform automated monitoring of system behavior, to analyze data usage patterns and system administrator warnings about malicious behavior.
Most of the existing blockchain applications on the Lympo platform will be projected in health care fall into this category:
- Interoperability between medical institutions
- Electronic medical records
- Insurance
- Medical experiments
- Genome study
- The resulting patient data / consolidated data
HOW DOES IT WORK?
Lympo aims to create an ecosystem powered by user generated and managed user health and fitness data to enable value exchange through the introduction of the usefulness of LYM tokens. Lympo's goal is the market where the data itself is used efficiently by members of the ecosystem and everyone is equally rewarded. The Lympo ecosystem starts from an existing platform that lets users find the best personal trainers with 500+ fitness professionals operating in Lithuania, www.lympo.lt, and flourishes to California, USA and Melbourne, Australia.
The ecosystem consists of three main parts:
1. Lympo's digital fitness wallet and user reward mechanism;
2. Lympo Market;
3. Lolpo's crowdfunding and investment platform.
- DIGITAL LYMPO DOMPETS AND USER REWARD MECHANISM
Lympo's digital fitness wallet and user reward mechanism are at the core of the Lympo ecosystem. Lympo's fitness wallet serves as an entry tool into the ecosystem and lets users create their profiles, populate their health data and connect it with their favorite health and sport tracking apps. Individual data sent via Lympo's fitness wallet will be accessible to its users and may be viewed or shared by saving permissions on blockchain.
- LYMPO MARKETPLACE: DATA MONETIZATION
The next step in the Lympo ecosystem is allowing users to spend tokens to receive more food and healthy lifestyle services and make purchases within the platform. The market, starting with an existing platform to find the best personal trainers, offers several ways to do it:
Get premium features on the Lympo platform. For example:
Private trainers can purchase enhanced profile options and more exposure for their listing. Users can purchase more options for their health and sports data storage on the Lympo platform, such as reminders and health advice based on submitted data. Every person with a token will receive discounts and products offered by our partners: sports and health businesses, healthcare providers and supplements, etc. Businesses use tokens to pay for their list of products and services on the platform.
- PLATFORM CROWDFUNDING LYMPO
The third strength of the Lympo ecosystem is the crowdfunding and investment platform that allows LYM token holders to invest in the most promising health / health / health improvement effort.reviewed and assessed by members of the Lympo ecosystem who know what industry needs most.Holders of LYM tokens will be able to receive company shares for the contributed tokens. The unique value proposition of the crowdfunding platform is 1. Public review and assessment by sports and health market participants; 2. Access to large user data base enabled by LYM token.
Part of the tokens provided for ecosystem empowerment will be allocated to Blockchain Lympo for the Sports Foundation. The purpose of this foundation is to support sports activities and initiatives around the world in order to promote Lympo's fitness wallet and to promote a healthy lifestyle. The foundation's board, which consists of famous athletes, Lympo partners and leaders in the sports community from various countries, will oversee the foundation's activities. Lympo token holders of at least 1,000,000 LYM (the amount will be adjusted within two years based on community voting) will be able to vote on the funding proposal. The composition of the board and the basic principles of government will be announced before the sale of Lympo tokens in the first quarter of 2018.
The Lympo Token is a key element that facilitates all interactions in the system in relation to society and healthy lifestyles. Tokens are used to incentivize users to become active participants, make connections and improve their health. Tokens are distributed on the crypto ethereum currency blockchain. This, of course, implements certain standard rules for society.
LYM Token
The LYM Token is a token created by Lympo using the Blockchain ethereum network. The LYM Token will be used for Lympo services. In February 2018 Lympo will sell token to sell LYM tokens, if you are interested in purchasing LYM tokens I suggest looking at their ICO details below:
TOKEN LYMPO SALES (LYM)
10% Team and Advisor
3% pre-SALE and Token Charge
22% Lympo & Blockchain ecosystem development token for sports foundations
15% pre-SALE
50% Token sale
The team token will be locked for 24 months after the end of the token sale. Advisory tokens will be given in 12 months.
The Lympo ecosystem enablement tokens will be locked and released within 3 years, ie 1/3 tokens available by 2018; The other 1/3 in 2019 and the remaining 1/3 in 2020.
- 1,000,000,000 tokens
- 15% pre-sale
- 50% token sale
- Soft cap: 15%
USE OF TOKEN SALES RESULT FUND
Funds collected during Token sales will be used for Research and Development (40%), Sales and Promotion (30%), Operations (15%) and Network Expansion (15%).
Conclusion : The Lympo platform is useful for people who want to keep their fitness. with the Lympo Platform someone easily learns other people's data to give them an understanding of the fitness data. the Lympo Platform is expected to become the # 1 Mobile Health Market Platform with the help of Blockchain technology.
if you are interested in this project you can buy LYM tokens on their official Weboste. for the latest information about Lympo Project you can visit the link below:
- Website: http://lympo.io/
- Whitepaper: http://bit.ly/lympo-whitepaper
- Telegram: https://t.me/lympo
- Facebook: https://www.facebook.com/Lympo.io/
- Twitter: https://twitter.com/Lympo_io
Author by: thiokoentjoan123
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