People in today’s world are extremely concerned about their health and wellbeing. As a result, they tend to use the latest technology available to take their health and fitness goals into the next level. Lympo is in a position to provide an excellent assistance to it.
Lympo can simply be defined as a health and fitness data management platform, which is backed up by the Blockchain technology. The technological devices that people use in order to keep up with their health and fitness generate massive amounts of data. If this data can be analyzed, useful information can be extracted. However, there is no way to manage available data in an efficient manner. That’s where Lympo is coming to fill in the gap.
How does Lympo address the issue?
As mentioned earlier, Lympo has got the ability to manage health and fitness related data in an efficient manner. This is done with the assistance of the Blockchain technology. In fact, problems with data management are resolved through improving the interoperability and security associated with health data.
Blockchain technology is a distributed system. It has the ability to record all transactions in a public ledger. In fact, every single transaction is stored inside the digital ledger. End to end encryption is also offered when storing data in the digital ledger. Hence, there is no possibility for the stored data to leak out, unless two parties are connected to each other. This can eliminate the need to have a centralized authority. Most importantly, Blockchain has got the ability to store data anonymously. Hence, people who use it will not have to worry anything about the confidentiality of data.
As you already know, healthcare information is extremely sensitive. People don’t want to let others gain access to their personal information. Blockchain technology is in a position to provide an excellent assistance with that. Hence, Lympo provides opportunity for all the people to transform their healthcare data into assets and store in a secure platform.
There is a possibility to compile data that comes from many different sources. They include information provided by doctors, clinics and medical records generated by hospitals. In addition, information generated by wearable devices can also be linked into the platform.
Now you have a clear understanding about the functionality of Lympo. Next, you need to enhance your knowledge on how it will be able to benefit you.
The primary objective of Lympo is to give life to an ecosystem, which is powered up by user controlled and user generated health and fitness related information. Users can upload their data into the Blockchain. In return, they will be provided with LYM utility tokens. As a result, people will be able to transform the data that they have into digital assets. This can be considered as an efficient method available for them to store and manage data in an efficient manner.
People who use Lympo will get motivated to achieve their health and fitness goals in the long run. That’s because they know they are in a position to monetize the user generated data. Due to the digitalization of data, it is possible for them to keep track of all the rewards and achievements as well. Moreover, people will be tempted to gamify their fitness programs. This can help them achieve all the fitness goals without going through a lot of hassle. As a result, people will be provided with a healthier lifestyle in the long run.
