Cardio Healthcare (Cardiocoin): Cardiovascular Data Aggregation through Blockchain
Daniel Park, Founder & CEO“90 percent of all heart diseases can be averted through preventive care, and that is primarily what we specialize in at Cardiocoin,” begins Daniel Park, founder and CEO of Cardiocoin. “We utilize blockchain technology to offer verification of data, ensuring that it is reliable and therefore valuable to data aggregators and demanders such as healthcare and insurance providers.”
The company’s blockchain platform is designed to improve the health and lifestyle of individuals through diet and exercise. One of the noteworthy mentions of Cardiocoin’s portfolio is the exer-miner, a fitness tracking device that can be installed on to a treadmill, through which, users would not be able to cheat on their exercise routine. With the development of the exer-miner, the company aims to collaborate with fitness centers that constitute to a staggering 190 million people exercising globally, through their fitness equipment.
The Cardiocoin blockchain platform serves as the missing link for data aggregators and demanders such as insurers, dietary distributors, employers, and incentivized advertisers. Once the aggregated data is validated through Cardiocoin’s fitness peripherals, the platform rewards users with tokens that could be redeemed for money at a cryptocurrency exchange. The company ensures that the value of the token is stabilized through its business model; faster circulation increases the value of tokens, balancing between the supply and demand at exchanges.
Cardiocoin also aspires to collaborate with third-party manufacturers that develop diverse fitness trackers such as wearable devices, smart jump ropes, smart shoes and similar fitness equipment by opening up its platform to various channels for data collection. “Once we gather enough data using our platform, we can develop wearables natively to track users’ fitness routines, helping them transition into a healthy lifestyle,” adds Park. These advancements empower employers to provide effective healthcare plans to their workforce, enabling a proactive change in their lifestyle while ensuring that employees adhere to these privileges consistently. Such an approach fortifies an organization’s investment in employee healthcare programs by allowing organizations to monitor the fitness regimes of their workforce in an effective manner. Similarly, insurers and advertisers are benefitted through the Cardiocoin blockchain platform, whereby, valuable and accurate fitness data of the users is shared with organizations that offer dietary supplements and healthcare plans.
The company is currently conducting beta tests with fitness centers across the Korean region, having cemented its ground from its early days of inception. “Our evolution in the cardio healthcare sector draws its roots from a Silicon Valley venture capital firm, The Vault. We have come a long way in the preventive healthcare landscape with the sole motive of offering efficient healthcare benefits to our industry peers,” concludes Park.
The Cardiocoin blockchain platform serves as the missing link for data aggregators and demanders such as insurers, dietary distributors, employers, and incentivized advertisers. Once the aggregated data is validated through Cardiocoin’s fitness peripherals, the platform rewards users with tokens that could be redeemed for money at a cryptocurrency exchange. The company ensures that the value of the token is stabilized through its business model; faster circulation increases the value of tokens, balancing between the supply and demand at exchanges.
Cardiocoin also aspires to collaborate with third-party manufacturers that develop diverse fitness trackers such as wearable devices, smart jump ropes, smart shoes and similar fitness equipment by opening up its platform to various channels for data collection. “Once we gather enough data using our platform, we can develop wearables natively to track users’ fitness routines, helping them transition into a healthy lifestyle,” adds Park. These advancements empower employers to provide effective healthcare plans to their workforce, enabling a proactive change in their lifestyle while ensuring that employees adhere to these privileges consistently. Such an approach fortifies an organization’s investment in employee healthcare programs by allowing organizations to monitor the fitness regimes of their workforce in an effective manner. Similarly, insurers and advertisers are benefitted through the Cardiocoin blockchain platform, whereby, valuable and accurate fitness data of the users is shared with organizations that offer dietary supplements and healthcare plans.
The company is currently conducting beta tests with fitness centers across the Korean region, having cemented its ground from its early days of inception. “Our evolution in the cardio healthcare sector draws its roots from a Silicon Valley venture capital firm, The Vault. We have come a long way in the preventive healthcare landscape with the sole motive of offering efficient healthcare benefits to our industry peers,” concludes Park.
