BOLTTCOIN REVIEW PART 1
Solving
a Global Problem
Global level of physical
inactivity ranges from 30% to as high as 70% & more than 5.3 million deaths
would be avoided each year if all inactive people exercised!
Mass
application & huge demand
This solution caters to
several use cases like business, retailers, insurance, health & fitness
services etc. This is a unique platform that goes viral amongst communities.
Huge
Trillion USD Dollar Addressable Market
The addressable market
overlaps between mobile Health, Retail, Ecommerce, Payments & Loyalty.
Highly
experienced Team & Strong Partners
The Boltt team consists
of industry and business veterans. The advisory board consists of reputed
experts in the Blockchain and Cryptocurrency.
First
Mover Advantage
Boltt has a definitive
first mover advantage in launching the world’s first digital health currency
along with a complete decentralised health, financial and retail ecosystem
Full
Ecosystem
The Boltt Platform
includes Health Tracking, Step Challenges, Product marketplace, Mobile wallet
& health & fitness services.It is a 360 degree solution.
Traction
& MVP
The Boltt Platform MVP
already consists of 25K+ Retailers and 1 Mn+ Products. It also has strong
corporate brands and partners onboarded.
Speed
and Vision
Boltt is a 2+ year old
company and possess the speed, vision, partner ecosystem, network and
infrastructure that is required to rapidly scale globally.
No
Computing Power Required!
Boltt enables earning
BolttCoins for simply taking steps including running, jogging or walking
outside or using a treadmill. Earned BolttCoins can be used to make purchases
at the Boltt marketplace or could simply be traded into other crypto currencies
or fiat currencies. Boltt’s platform is seamlessly connected to Boltt
wearables. Additionally, it allows integration with the most of smart
accessories and apps for sports and health and activity tracking such as
Fitbit, Google Fit, Apple Watch, Apple Health Kit, etc.
Data
collection process
The steps data of the
user can be collected via the Boltt Fitness Trackers or via the Phone’s inbuilt
sensors and accelerometers. If the user has a device, he/she can just connect
to the App via Bluetooth. The steps are tracked automatically through the day,
with details by the hour.
Data
verification & security
Boltt uses an AI based
step-counting algorithm to detect & authenticate data. The Boltt step
algorithm is in place to ensure that all BolttCoins are earned through hard
work and movement. If it was not this way, users could potentially cheat the
system by doing things like shaking their phone or using the App in a car etc.
Boltt algorithm checks and verifies data against all checkpoints to ensure
there are no cases of cheating. E.g. If the data matches a known pattern of
cheating like shaking the phone up & down to mimic steps, the values will
not be counted. This is a proprietary algorithm that uses certain operations at
the Boltt Backend to ensure all captured data is completely authentic
Going
beyond steps
Boltt has initially based
the Health Reward Engine & BolttCoin payout only on basis Steps. In the
near future, Boltt plans to include other health parameters such as activity,
fitness, sleep, nutrition, vital stats, medical records, genetic tests &
user past health history. Boltt uses all these data values to make a unique
Health Score. Health Score is an All in One tangible measure of one’s health.
Each data value in these sections result in the improvement of the Health
Score. It is calculated on a scale of 1-100. The higher the Health Score,
higher the reward payout. This symbolizes the importance of holistic health
advancement. It incentivizes users to improve all aspects of their health and
lifestyle. The Boltt Health Score is a Patent Pending technology that is an
accurate measurement of one’s personal health, soon to be accepted globally by
leading health institutions & insurance companies.
Smart
contracts
The logic and algorithms
governing the Boltt health reward engine & gratification are to be executed
via smart contracts and will be completely decentralized, ensuring highest
standards of data security.
Website : https://bolttcoin.io/
Telegram : https://t.me/BolttCoin
Ann Thread : https://bitcointalk.org/index.php?topic=3276720
Twitter : https://twitter.com/bolttsports
Facebook : https://www.facebook.com/bolttsports/
Address : 0x251653e78c2d7B75a4071F9C858dC8Fbcb53825e
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