The fitness and wellness industry has seen a major boom since the wide adoption of smartphones. Nowadays most people don’t just work, many also track their progress through the use of their smart phones, wearables and accompanying fitness apps.
Although this data is being willing collected by millions of users around the world, much of it is not yet being leverage. However, Lympo employs blockchain technology to make it possible for users to monetize their data, and make it available to all those in the health and fitness industry who may be able to utilize the information of a wide range of applications.
In 2016 the number of mHealth apps more and doubled, and the number of app store downloads tilled up to a massive 3.2 billion. This adds up to a lot of a data, data that is currently, for the most part, going unused. Lympo aims finally leverage this data by allowing everyone, from personal trainers, gyms, sports apparel and healthy food producers to health insurers and even companies looking to incentivize employees to maintain an active lifestyle, the opportunity to benefit from the cross-platform fitness and wellness data exchange.
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