LYMPO: The Solution To Expensive Health Services.

What is LYMPO?

This is a blockchian-related Technology platform that deals with health and wellness.

Lympo is healthy lifestyle ecosystem powered by user-generated and user-controlled fitness and wellness data. Lympo will allow the exchange of value through the introduction LYM utility tokens, which are real use case tokens. Its goal is an ecosystem where data is used efficiently by all industry stakeholders and everyone is rewarded fairly.

With the ever increasing cost of maintaining a good health which also becoming a source of concern, even the cost of getting a good meal and not junk food which as well is also on the high side.

In my country owning a gym or evening obtaining a gym membership could be term luxurious. We as human all want to be healthy at all times and we also want to get health services to better and improve our lives. But getting these come at no small cost.

SOLUTION

What is LYMPO?

You can watch the video below for a better understanding

LympoEcosystem

How does LYMPOwork?

[Lympo’s ecosystem is comprised of an app which is a fitness wallet that rewards users with Lympo tokens (LYM) for sharing and achieving their health goals. The platform also comprises of a marketplace where healthcare products and services can be purchased with LYM tokens. The third wheel in Lympo’s ecosystem is a crowdfunding platform which allows LYM token holders to invest in the most promising fitness/wellness/health start-ups.

The wallet in Lympo’s ecosystem is for sharing of health and fitness data and includes all industry players: personal trainers, gyms, sports and wellness businesses and health insurances.

By tracking fitness and wellness data on smartphones and wearables, Lympo aims to build healthy lifestyles and grow the Lympocommunity. Tokens earned can be used to pay for fitness, wellness and other health-enhancing products and services.

What are the benefits of Lympo?

Having Ownership of Valuable Health-related Data

We have all, either voluntarily or involuntarily, become part of a ‘quantify’ movement in which smartphones with health data tracking or a mHealth app or a fitness wearable are being used constantly. While we are busy quantifying ourselves, the companies whose products we are using are busy collecting our data and generating profits from it. Hence, there is a strong belief that users should own the data they generate.

In light of this challenge, presents a health and fitness app data aggregator that does not share users’ data, but enables them to monetize it instead. Users can share the data with other stakeholders only if they wish to and their consent is recorded on a blockchain.

Integrating various segments of the health and wellness industry

We see a growing trend towards aggregation of information in various sectors of business, finance and sports, but rarely is that visible in the mobile health data domain. Most apps focus on one specific area, and providers gather only very specific information. Some of the few aggregators that do allow integration have reluctant users that see no real advantage of storing the data in one place. The central problem is that integration is being demoted to occasional data sharing on social media, with more and more data falling in the hands of the provider without any really benefit for the user.

However, when such data is shared with the rightful parties it would be very valuable in offering extremely effective and tailor-made services and products. Lympo comes into the picture with a two-fold approach of having the digital wallet that rewards customers for sharing the data that they own, and having a marketplace where these rewards, which are offered in terms of LYM tokens, can be used to purchase products and services from the health and wellness market. In fact, the current platform of Lympo allows users to choose from 500+ fitness professionals, dieticians and therapists as well access the Smackway marketplace or Gympro’s tools by using these tokens.

Allowing for free flow of data to benefit all stakeholders

The current race in the mobile health industry is to come up with a better mechanism to lock a user within one platform. This discourages integration and data sharing while the valuable information remains stored with a single provider. Data protection laws also play a role in ensuring that users’ personal data moving across different businesses as well as across the border with their permission.

It’s important that there be free flow and sharing of relevant information, while at the same time ensuring security of this data. Private ownership of sports and health data opens doors to user-controlled data sharing whereby the information flow can be managed by the individual and this can be a decisive answer to the data flow problem.

Through Lympo this answer becomes reality. The single most important feature for users of our platform is that they will have the right to decide who gets to view their data. In return, they get rewarded with LYM tokens for giving access. Hence, Lympo meets demand for data with supply, but without resulting in undue influence or exploitation of the supply.

lympo2018

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