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#Web3Voice – Transforming Healthcare with Blockchain: The BlockFit Vision
26th September 2024

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A billion-dollar fitness app industry, yet 1.8 billion people worldwide still risk disease from lack of exercise. BlockFit thinks the solution is simple: pay people to move. In our latest Twitter Space, BlockFit CEO Shahnawaz Azaz Khan and Zeeve CEO Dr. Ravi Chamria unpacked how blockchain technology could finally crack the code on fitness motivation.

Key Takeaways

  • First Web3 fitness platform targeting mass adoption across economic backgrounds
  • Custom Layer 3 solution powered by Zeeve’s Arbitrum Orbit infrastructure handles millions of daily transactions.
  • Complete ecosystem linking fitness, insurance, and professional networking through Fit24, Care24, and Connect24.
  • User-owned health data with monetization options – a shift from traditional centralized platforms
  • Smart contracts bringing transparency to health insurance claims and policies
  • Launching October 1st with custom hardware and marketplace integration

The spark came during COVID when Shahnawaz noticed something striking: “People will do almost anything for free crypto.” This simple observation led to a much bigger question – could crypto rewards solve the global physical inactivity crisis? We believe YES. As Dr. Ravi said, “When you combine fair monetization with health goals, you create sustainable motivation for behavior change.”

BlockFit’s answer was an ecosystem where every step counts – literally. Their Fit24 app tracks physical activity and rewards users with tokens, while Care24 brings blockchain transparency to health insurance.

 “After COVID, I found this massive gap where blockchain could transform the entire healthcare sector,” Shahnawaz said. “No one had successfully combined fitness tracking with real financial incentives at scale.”

They’re backing this tech with some complementary modern gadgets, too. October brings their blockchain launch, followed by custom smartwatches and VR equipment – all purchasable with tokens earned through exercise. Their True Wallet, launching simultaneously, gives users complete control over their earned crypto assets.

What’s caught everyone’s attention is the global health impact potential.

 “We are making this blockchain live for people from October 1st,” shared Shahnawaz. “WHO and UN have invited us to different countries, looking to implement our solutions for their health initiatives.” 

But scaling a platform for millions of daily fitness transactions isn’t simple. That’s where Zeeve’s expertise proved crucial. “The ecosystem of BlockFit is going to be so big, with millions of people and thousands of transactions within seconds,” mentioned Shahnawaz. Zeeve’s implementation of Arbitrum Orbit as an L3 solution ensures these transactions remain fast and cost-effective – essential for a platform aiming to reach users across economic backgrounds.

The vision is ambitious but grounded: make staying healthy financially rewarding. As Shahnawaz puts it, “We’re not building just another fitness app – we’re creating an ecosystem where taking care of your health becomes your paying job.”

Want to hear how blockchain might finally make exercise worth your while? Catch the full 30-minute conversation for the technical details, launch plans, and vision behind this innovative approach: 

https://twitter.com/i/spaces/1ypKdpPbOmNKW

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