Money is a motivator. Recently, digital health companies have starting to tap into blockchain-backed cryptocurrency as a way to motivate users to workout, take medication and stay sober. Most of the currencies can be cashed-in for goods like workout gear, or a paid service the platform offers like coaching. Other companies are also using the digital currency as an incentive for patients to...
It’s hard to have a conversation about technology innovations in 2018 without stumbling into the realm of blockchain. Since it first appeared on most people’s radars — thanks to the ever-turbulent bitcoin and other cryptocurrencies — financial organizations, major retailers and even governments have investigated whether or not the trendy technology has something to offer.
As such, it’s little...
As Bitcoin and other cryptocurrencies take off in a gold rush-like fashion, players in the digital health field have jumped on board the cryptocurrency wagon. Some companies, like Nobel Prize contender George Church’s brainchild Nebula, are finding ways for the consumer to monetize their personal genetic data. Still others are using the digital currency in more traditional ways, like...
Earning a little extra toward workout products and fitness classes could be as easy as tracking the steps you take outside. London-based Sweatcoin, a company which “pays” users a digital currency based on their daily steps, has just landed $5.7 million in a funding round led by Goodwater Capital with participation from Seedcamp, Greylock Partners, Rubylight, SmartHub, and several angel investors...
