05.18.21
Welcome to our developing dive into the disruptive depths of the health/wellness industrial complex as it moves onto the blockchain!
Today’z ANGLE: An Introduction to Health Wizz
Today we are starting our look into a company that aims to place all of our health and wellness data, that’s right, the data about our bodies, onto the blockchain.
Immediate Potential Pro: Control Over Data Distribution and Possible Ability to Take Back Value of Personal Data
A step in the right direction? We’ve all seen the news, received the letters about potential compromise in the mail. Simply put, is our personal data that is being put at risk and the current system is failing us.
Of that, there is no doubt. It’s clearly time for the Health Care Industry to step it up and perhaps, it’s time for the consumer, in this case, the patient to demand more. Perhaps there is a solution/system that can help. Health Wizz is proposing a just such an opportunity.
Three apparent steps for the consumer to simply gain a digital medical record full of data, secure it, and use it across patient-defined stakeholders. This is one of the first we’ve seen to truly work toward the integration of data from wearables in addition to the traditional doctor/hospital and lab reports. Moreover, it’s one of the first to simplify the whole ecosystem with the patient in mind.
In the second step above, HealthWizz takes that aggregate and locks it down. In the final step, however, we get to the gamification as we see that Health Wizz does have an angle. In addition to storing patient information on the blockchain (step two), they offer a point system built on their own token, the Ompoint, whereby the patient can game their health in a desire to share data to earn more rewards. The capitalist motive for integration… sure! But, we need to be more critical, is it worth it and does the benefit go beyond the cost for the patient? For the markets to decide…
Next week we’ll dive into the proposed benefits of this new Company’s product and learn a little more. See you next time on BCB Cyber.