Vyvo Smart Chain and Vana: Monetizing Health Data

Vyvo Smart Chain and Vana now let users earn rewards by securely monetizing their anonymized health data.
The platform uses blockchain to ensure transparency, fairness, and data privacy while improving its Health Index system.

Users can now generate revenue from their health data after Vyvo Smart Chain established a partnership with Vana. This collaboration guarantees enhanced visibility, improved security measures, and increased efficiency, enabling users to gain rewards through their interactions on the platform.

How to Earn Rewards by Sharing Your Health Data Securely

Through its collaboration with Vana, Vyvo Smart Chain allows users to earn rewards for sharing health information under safe anonymization conditions. Payments made via blockchain technology are secure and transparent. Users receive exact compensation amounts tied to their Health Index based on various wellness factors.

The veDelegate tool enables users to check their earnings by providing complete proof documentation of their transactions. The platform securely stores proof-based data points, such as sleep quality and activity metrics, on the InterPlanetary File System (IPFS) to ensure data integrity. The system prioritizes privacy, keeping all personal information confidential, with only anonymized health score data affecting earning potential.

The Health Index evaluates user wellness in categories including Vitals, Activity, and Well-being. Scores are updated every Monday using metrics from users’ Helo devices across multiple weighted subcategories.

• Vitals reach a maximum of 35 points by assessing cardiovascular and respiratory functions and vital signs like blood pressure and heart rate.
• The Activity section scores up to 30 points by measuring daily walking steps, sports activities, and caloric burn rates.
• The Well-being category scores a maximum of 35 points based on sleep quality, stress levels, and overall lifestyle balance.

The earnings distribution is based on data from the Vyvo Smart Chain, ensuring fair compensation through automatic payment platforms. Reward transactions feature verifiable proof of health metrics that confirm user eligibility for compensation, based on established data.

Data uploaded is secured by an irreversible set of standards that prevent modifications. Users retain exclusive control of their data while participating in earning programs that respect their privacy, thus facilitating user-centered healthcare and enabling them to derive value from their health data.

As integration with Vana progresses, the Health Index algorithm at Vyvo Smart Chain is continually improving. The beta system is being developed for enhanced accuracy and efficiency. Future platform updates will introduce advanced scoring systems and additional measurement tools to enhance user understanding of their data.

This partnership signifies a significant milestone in digital health, demonstrating the potential of blockchain technology to transform health data into valuable assets. Users can focus on their health metrics while accumulating rewards, fostering a generation of data-driven wellness compensation.