jabrik edan: LYMPO - HEALTHY LIFESTYLE ECOSYSTEM

Hallo all Here I Want to Describe how lympho is based on blockchain

The usage of mobile health (mHealth) apps and wearables is ever-growing. More than 52% of smart phone users gather health-related information on their phone. In 2016 alone, mHealth app store downloads totalled 3.2 billion. Health-related data is a precious asset for both individuals and stakeholders in the data-driven sports, health and wellness industry. However, the users generating this data cannot aggregate, share and monetize it. Moreover, because it lacks the means to interconnect existing data, the industry cannot unlock its full potential for the benefit of all market players. The rise of mHealth applications has not yet delivered on the promise of digital technology empowering individuals and resulting in better health care and a more connected sports and wellness market

The Lympo ecosystem resolves this problem. Powered by user-generated and user-controlled fitness and wellness data, Lympo will allow the exchange of value through the introduction LYM utility tokens. Lympo’s goal is an ecosystem where data is used efficiently by all industry stakeholders and everyone is rewarded fairly. It consists of three pillars: the Lympo fitness wallet, a marketplace and the Lympo crowdfunding platform.

The Lympo digital fitness wallet and user reward mechanism is at the core of the Lympo ecosystem. The wallet functions as an entry to the ecosystem and allows users to be rewarded in LYM tokens for their healthy lifestyle achievements.

What data are we gathering? Over the years, the fastest-growing mHealth sector was the fitness and wellness domain with a projected compound annual growth (CAGR) of 48.1%4 . 65% of all mHealth apps in the U.S. connect to wellness services, among which fitness has a strong leadership position with 36% of the total apps. Top categories also include weight loss, exercise, women’s health, sleep and meditation.

The fitness/health data sharing ecosystem is based on three major components: Lympo Platform: core components developed by the Lympo team and partners Blockchain: Lympo tokens, smart contracts and crypto wallets User community: Users, who will live healthy lifestyles and will interact with di erent actors in the ecosystem to find trainers, partners, make agreements, share data and get rewarded.