MyShield

LYMPO — MONETIZING SPORTS AND HEALTH DATA VIA BLOCKCHAIN

ABSTRACT

Use of mobile health (mHealth) applications and usable tools continues to grow. More than 52% of smart phone users collect health-related information on their phones. In 2016 alone, mHealth app store downloads reached 3.2 billion. Health-related data is a valuable asset for individuals and stakeholders in the sports, health, and data-based health industries.

However, users who generate this data can not collect, share, and monetize it. 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 resulted in the promise of digital technology to empower individuals and result in better health care and sports and health markets more connected.

The Lympo ecosystem solves this problem. Supported by user generated and 

user-controlled health and fitness data, Lympo will allow value exchange through the introductory LYM utility token. Lympo’s goal is an ecosystem where data is used effectively by all industry stakeholders and everyone is equally rewarded. 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 into the ecosystem and allows users to be rewarded in a LYM token for the achievement of their healthy lifestyle.

These tokens can be used to purchase goods and services on the market from existing Lympo platforms that bring together over 500 fitness professionals and then expand into a vast network of sports, health, health and healthcare providers. Finally, the LYM token will be used on the Lympo crowdfunding platform to invest in innovative data driven companies in the industry that will contribute to the growth of this new ecosystem.

CHALLENGE OF MOBILE HEALTH DATA INDUSTRY

The digital health market is exploding in a number of new companies and with an estimated market size of $ 233.3 billion by 2020. Most of the growth is predicted to come from the mobile health market (mHealth). By 2016 alone, it is estimated that the number of mHealth applications has increased by 57% 2. In the same year, the number of mHealth app store downloads 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 soars in the coming years.

What data do we collect? Over the years, the fastest growing mHealth sector is the health and wellness area with a combined 48.5% CAGR projected 4. 65% of all mHealth applications in the US are connected to healthcare, including fitness positions strong leadership with 36% of total applications. The top categories also include weight loss, exercise, women’s health, sleep and meditation.

At the same time, since 2005 the sports and health markets have almost doubled from 46 to over 90 billion dollars. All the major market players in the industry: from personal trainers, gyms, sportswear and healthy food manufacturers to health insurance companies and companies that aim to provide healthy lifestyle incentives among their employees, can take advantage of cross-platform fitness and fitness data exchange . Even so, data tracked by users every day remains confined by singles.

The provider or network of the best small partners, and the user’s word has a very limited way to share them. Nevertheless, growing markets and extensive use of mHealth applications have not provided the promise of digital technology that empowers individuals and results in better health care and sports and health markets more connected. Important shortcomings: 

1. We are not the measured owner of the self; 
2. The mHealth application does not integrate with each other. 
3. Due to the limitations of data flow, the sports and health markets do not have connectivity.

INTEGRATION

Market segmentation and lack of incentives for integration of mHealth applications make users have an overall picture of all their activities or subsequently reap key benefits from the data they generate.

FREE DATA FLOW

Due to the lack of mechanisms that allow users to share their sports and health data effectively, the sports and health industries can not use user-centered products and services for all aspects of a healthy lifestyle.

BLOCKCHAIN ​​APPLICATION IN HEALTH INDUSTRY

Health may be delayed in the rapid growth of enterprise blockchain applications, but it is increasingly prominent as a promising technology for solving major problems in the health data management sector even on a government scale.

ENTERPRISE BLOCKCHAIN ​​APPS BY SECTOR :

Most existing or projected blockchain applications in health care fall into this category:

• Interoperability between medical institutions
• Electronic medical records
• Insurance
• Medical trials
• Genome study
• The resulting patient data / consolidated data

ECOSYSTEM COMPLETED DATA OF GENERAL USE

HOW DO IT WORK ?

• WALLET HEALTH AND USERS MAKE MECHANISM

1. Athletic shoe manufacturer published a 5km running challenge
2. User decides to participate
3. The agreement was registered
4. Users solve challenges and submit app tracking data
5. LYM token is appreciated.

MARKET

• Platform purchases start from existing platforms with 500+ fitness trainers

1. Personal trainers can purchase enhanced profile options and more exposure for their listing.
2. Users can purchase more options for their health and sports data storage in Lympo.

• Healthy lifestyle products and services as a substitute for data

• Health and fitness advice tailored to user needs and user interests

CROWDFUNDING PLATFORM

• Innovative industry startups seek funding and expertise

• Review the Lympo ecosystem community and rank for beginners

• The LYM token investment allows access to the Lympo user base

LYMPO ECOSYSTEM

What ECOSYSTEM SECTION WILL YOU BELONG? SEE BENEFITS !

TEAM

ADVISOR

BLOCKCHAIN ​​FOR SPORTS ALLIANCE

More information about LYMPO project, you can visit the link below:

WEBSITE: http://lympo.io/
TELEGRAM: https://t.me/lympo

• Healthcare
• Blockchain
• Bitcoin
• Ethereum
• Cryptocurrency

USER NAME PROFIL BTT : INDOCAFE