Break the barriers – How Blockchain can make you healthier and richer

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Is private and safe health care a crisis of modernity? The cost of seeing a doctor experiences significant increases each year, unless they realize the benefits of modern medicine. In 1970, per-person health care expenditure was $ 355, and in 2016 $ 10,348. & Nbsp; A community burdened by rising costs, debts and complicated methods of access to a doctor are today's consumers. Centers for Disease Control and Prevention (CDC) have conducted research claiming that 40 million adults in America, one in five, live without adequate health care.

In 2017, the World Bank reported that half of the world's population lacks essential health services and these numbers are growing. About 100 million people have become poor under the weight of directly financed medical expenses. As accessibility to medical professionals continues to decline, we see the most significant impact in parts of the world where practices continue to use centuries-old methods to monitor and treat patients.

The health sector has noticeable problems of privacy, fraud and security. As of 2018, 37 cases of data breaches occurred among health institutions. One involved with Cohen, Bergman, Klepper, and Romano MD of Long Island misconfigured his online database, exposing personally identifiable information to about 42,000 patients. & Nbsp; The trade in anonymous medical data is allowed in the United States, a $ 28 billion industry. Prescription records, blood tests, medical notes, hospital visits and insurance records are monetized. The health information provided so far represents years of record for hundreds of millions of people.

The use of mobile apps and wearable devices is steadily increasing, with over 55% of smartphone users uploading health-related information to their phones. Health data is a valuable resource for both individuals and data-driven health professionals. & Nbsp; However, today's healthcare landscape does not offer consumers who have provided data with a way to gain value for their use. Companies benefit from the rights to personal medical data without benefiting from the consumers who generate this data. & Nbsp; Furthermore, the current system does not have the means to interconnect existing data and unlock its full potential for the benefit of all market players, losing about 300 billion dollars a year in unavailability of marketing data due to integration problems. Furthermore, silos medical systems prevent the necessary records from reaching people in need when they need it most.

The rise of various applications has not yet brought to light the promise of digital technology to empower people and improve health care and a health-related market.

Physical movement and a healthy diet have an economic value?

A New York startup, Gainfy, a fruit of Victoria Saucier, a partner of Turn on 500 Investment company, proposed innovative solutions based on AI and blockchain technologies to address the challenges discussed in this article and enable the healthcare system to reward people behind the data and offer efficiency, privacy and data security.

"The key barrier for many people to make healthier choices in life and to be physically active is not the lack of motivation, but rather a human tendency to ignore things without instant gratification, causing people to struggle with weight, diet habits. unhealthy and lack of physical activity.In addition, people tend to underestimate the costs (problems) that obesity

look at them in the future and overestimate the costs (difficulties) of leading a healthier life right now. As a result, people fail to invest in their current self and have to pay for it in the future. "

Victoria sees the use of direct financial incentives, the gamification strategy and the protection provided by blockchain technology like most critical tools to help consumers stay healthy, save money on medical costs and monetize their data. & Nbsp; Gainfy uses blockchain technology and rewards users with & nbsp; their own GainCash token owners to walk, exercise or opt for healthier diet choices. Users can earn more by setting and completing their daily FIT goals (Frequency, Intensity, Tenacity). Tokens can then be spent to buy products, services and experiences at local partner stores and online vendors. & Nbsp; "It's basically like a frequent flyer point to feel good, we want people to be healthy, motivated, monitored, possess and monetize their data," he said. & Nbsp; Each participant in Gainfy has secure identity credentials, providing unprecedented personal data protection, control, and incentives with digital payments.

As I wrote earlier convergence theory, this is a great case of use for the intersection of blockchain, AI and IoT. & nbsp; Gainfy's ability to build a data ecosystem that provides an incentive way to stay healthy and provide data ownership rights to the end consumer is a change in the industry's strategy. & Nbsp; Gainfy has the potential to not only interrupt the underlying imperfect processes in the health sector, but also to improve the quality of life of millions of people around the world.

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Is private and safe health care a crisis of modernity? The cost of seeing a doctor experiences significant increases each year, unless they realize the benefits of modern medicine. In 1970, per-person health care expenditure was $ 355 and in 2016 $ 10,348. A community burdened by rising costs, debts and complicated methods of access to a doctor are today's consumers. Centers for Disease Control and Prevention (CDC) have conducted research claiming that 40 million adults in America, one in five, live without adequate health care.

In 2017, the World Bank reported that half of the world's population does not have essential health services and these numbers are growing. About 100 million people have become poor under the weight of directly financed medical expenses. As accessibility to medical professionals continues to decline, we see the most significant impact in parts of the world where practices continue to use centuries-old methods to monitor and treat patients.

The health sector has noticeable problems of privacy, fraud and security. As of 2018, 37 cases of data breaches occurred among health institutions. One involved with Cohen, Bergman, Klepper, and Romano MD of Long Island misconfigured his online database, exposing personally identifiable information to about 42,000 patients. The trade in anonymous medical data is allowed in the United States, a $ 28 billion industry. Prescription records, blood tests, medical notes, hospital visits and insurance records are monetized. The health information provided so far represents years of record for hundreds of millions of people.

The use of mobile apps and wearable devices is steadily increasing, with over 55% of smartphone users uploading health-related information to their phones. Health data is a valuable resource for both individuals and data-driven health professionals. However, today's healthcare landscape does not offer consumers who have provided data with a way to gain value for their use. Businesses take advantage of their personal medical data rights without benefiting from the consumers who generate this data. Furthermore, the current system does not have the means to interconnect existing data and unlock its full potential for the benefit of all market players, losing about 300 billion dollars a year in unavailability of marketing data due to integration problems. Furthermore, silos medical systems prevent the necessary records from reaching people in need when they need it most.

The rise of various applications has not yet brought to light the promise of digital technology to empower people and improve health care and a health-related market.

Physical movement and a healthy diet have an economic value?

A New York startup, Gainfy, a fruit of Victoria Saucier, a partner of Turn on 500 Investment company, proposed innovative solutions based on AI and blockchain technologies to address the challenges discussed in this article and enable the healthcare system to reward people behind the data and offer efficiency, privacy and data security.

"The key barrier for many people to make healthier choices in life and to be physically active is not the lack of motivation, but rather a human tendency to ignore things without instant gratification, causing people to struggle with weight, diet habits. unhealthy and lack of physical activity.In addition, people tend to underestimate the costs (problems) that obesity

look at them in the future and overestimate the costs (difficulties) of leading a healthier life right now. As a result, people fail to invest in their current self and have to pay for it in the future. "

Victoria sees the use of direct financial incentives, the gamification strategy and the protection provided by blockchain technology as most of the critical tools to help consumers stay healthy, save on medical costs and monetize their data. Gainfy uses blockchain technology and rewards users with GainCash proprietary tokens to walk, exercise or opt for healthier diet choices. Users can earn more by setting and completing their daily FIT goals (Frequency, Intensity, Tenacity). Tokens can then be spent to purchase products, services and experiences at local partner stores and online retailers. "It's basically like a frequent flyer point to feel good, we want people to be healthy, motivated, monitored, possess and monetize their data," he said. Each participant in Gainfy has secure identity credentials, providing unprecedented personal data protection, control, and incentives with digital payments.

As I wrote earlier about convergence theory, this is a good case for the intersection of blockchain, AI and IoT. Gainfy's ability to build a data ecosystem that provides an incentive way to stay healthy and provide data ownership rights to the end consumer is a change in the industry. Gainfy has the potential to not only interrupt the underlying imperfect processes in the health sector, but also to improve the quality of life of millions of people around the world.

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