The importance of health and wellness has certainly come to the forefront of the health industry in the last decade. With the baby boomer generation nearing or entering their senior years, strained health and medical services, and the realization by greater numbers of people of the limitations of medical science, society has developed an increasingly prominent attitude of responsibility towards one’s own health and wellness.
No longer are people solely relying on doctors or hospitals to make them better if they get sick. Instead, the approach has changed to one of illness prevention, to maintain or improve the state of health that already exists. The incredible boom in the health industry overall bears witness to these trends.
The importance of health and wellness is reflected by the fact that diets, weight loss programs, exercise programs and equipment, fitness facilities, spas, nutritional supplements and activity/leisure groups of all sorts are now commonplace in our everyday lives. Some of these changes are driven by the extreme demands and long waits for treatment in the health care system, but also by the desire of the working generation for a more active lifestyle after retirement, with the hope of being fit and well enough to participate in their chosen activities. For these goals to manifest into reality the base of good health must be built up throughout life, not just to try to repair the damage after it’s been done.
So it has become clear why the health industry has turned in its present direction. Only by placing the importance of health and wellness as a priority now can anyone make the most of their future.
What is Blockchain
If you’ve attempted to dive into this mysterious thing called blockchain, you’d be forgiven for recoiling in horror at the sheer opaqueness of the technical jargon that is often used to frame it. So before we get into what a crytpocurrency is and how blockchain technology might change the world, let’s discuss what blockchain actually is.
In the simplest terms, a blockchain is a digital ledger of transactions, not unlike the ledgers we have been using for hundreds of years to record sales and purchases. The function of this digital ledger is, in fact, pretty much identical to a traditional ledger in that it records debits and credits between people. That is the core concept behind blockchain; the difference is who holds the ledger and who verifies the transactions.
With traditional transactions, a payment from one person to another involves some kind of intermediary to facilitate the transaction. Let’s say Rob wants to transfer £20 to Melanie. He can either give her cash in the form of a £20 note, or he can use some kind of banking app to transfer the money directly to her bank account. In both cases, a bank is the intermediary verifying the transaction: Rob’s funds are verified when he takes the money out of a cash machine, or they are verified by the app when he makes the digital transfer. The bank decides if the transaction should go ahead. The bank also holds the record of all transactions made by Rob, and is solely responsible for updating it whenever Rob pays someone or receives money into his account. In other words, the bank holds and controls the ledger, and everything flows through the bank.
That’s a lot of responsibility, so it’s important that Rob feels he can trust his bank otherwise he would not risk his money with them. He needs to feel confident that the bank will not defraud him, will not lose his money, will not be robbed, and will not disappear overnight. This need for trust has underpinned pretty much every major behaviour and facet of the monolithic finance industry, to the extent that even when it was discovered that banks were being irresponsible with our money during the financial crisis of 2008, the government (another intermediary) chose to bail them out rather than risk destroying the final fragments of trust by letting them collapse.
Blockchains operate differently in one key respect: they are entirely decentralised. There is no central clearing house like a bank, and there is no central ledger held by one entity. Instead, the ledger is distributed across a vast network of computers, called nodes, each of which holds a copy of the entire ledger on their respective hard drives. These nodes are connected to one another via a piece of software called a peer-to-peer (P2P) client, which synchronises data across the network of nodes and makes sure that everybody has the same version of the ledger at any given point in time.
The Zealeum Ecosystem Participants
The Zealeum ecosystem participants include, but are not limited to:
Individuals
Those tracking their fitness & wellness goals.
Those tracking health-related data to monitor chronic illnesses
Those documenting & planning meals.
Those interested in taking control of their healthcare.
Establishments
Fitness centers rewarding users with ZEAL Tokens in exchange for visiting a gym and working out or purchasing products or services from their establishment.
Companies offering massage services, martial arts classes, or therapy.
Insurance companies offering insurance products to customers based on their medical records & health profile.
Hospitals or doctors requesting a user’s medical record & health profile.
Professionals
Fitness trainers wishing to offer specialized packages to individuals based on their fitness & wellness profile
Nutritionists offering services including personalized meal plans given an individual users’ profile & characteristics
Lifecoaches & other lifestyle gurus offering customizable and personalized packages based on the individual user’s needs.
Information Brokers & Data Purchasers
At the core of the Zealeum platform is the user-generated AND controlled health data and the corresponding data marketplace.
Users can decide which information can be shared or sold, and to whom.
Whenever purchase requests are made, users will be notified and can approve the sale of their data in order to earn ZEAL Tokens.
Requests for data can be made by professionals such as fitness trainers and nutritionists, establishments, information brokers, doctors or anyone else interested in potentially offering a user their product or service.
Users earn ZEAL Tokens simply for connecting with these potential purchasers!
Upon approval from individuals, information will be analyzed, aggregated and neatly packaged to sell to big data purchasers in order to fund further developments and community initiatives on the platform.
Initial Token Offering Details
Blockchain: Ethereum
• Token Name: Zeal Token
• Token: ZEAL
• Total Token Supply: 1,000,000,000 ZEAL
• Available to Public: 600,000,000 ZEAL
• Hard Cap: $50,000,000 USD
• Soft Cap: $5,000,000 USD
• 50% of unsold tokens will be distributed to participants through the Zealeum Community Fund
• 50% of unsold tokens will be burned.
For more information visit:
Website: https://www.zealeum.life
Whitepaper: https://zealeum.life/wp-content/uploads ... 1318-1.pdf