Qredo will provide crypto asset custody services for the Health Hero ecosystem and wallet backed by industry-leading decentralized Multi-Party Computation encryption.
Health Hero is a web3 digital health engagement platform that rewards its users with free healthcare, mental health, and cash-back healthy food purchases along with its utility token, $HLTHY, for staying healthy.
Supporting over 12K enterprises and communities around the world, Health Hero gamifies and rewards players for living a healthy lifestyle — promoting fitness, mental health, and spirituality for individuals and organizations. By connecting with popular health and fitness applications, such as Apple Health, Google Fit, Fitbit, Garmin, and Peloton, among others, users have the chance to earn Health Hero’s native utility token, $HLTHY, which allows them to earn and unlock additional experiences including free telehealth, mental health, and healthy food.
Users connect their favorite step or fitness tracker, their wallet, and are now ready to start earning $HLTHY. Users can earn $HLTHY for their steps when they have at least synced 2,500 steps. After this, the user will start earning the token. This is only one way. Health Hero provides multiple ways for users to earn, such as their Health-to-Earn features where users are able to upload media such as workout selfies of their activity and get rewarded or upload a grocery receipt and get cash-back for the healthy items purchased.
Health Hero leverages Soulbound tokens (SBTs) along with Qredo’s multi-party computation (MPC) technology to generate secure self-sovereign decentralized health records in the wallets of its users. Switching doctors or healthcare providers could be accelerated using a SBT that holds a person’s medical records. The SBT replaces the often slow process of filling out paperwork, verifying your medical history, and going back and forth with someone on the phone. With the token, Health Hero will be able to categorize their wellness data and provide individual decentralized and secure electronic health records to their users. Again, directly in their secured wallets.
The utility that $HLTHY provides goes far beyond the traditional project. $HLTHY represents structural support for a global economy that’s driven by health. Owning $HLTHY allows users to purchase, craft, buy, rent, and sell in-game items to accrue real income that covers basic necessities. Steps, social sharing, and community engagement are other examples of how a user can earn the token via the game. For instance, a user that takes 100,000 steps, could potentially earn around 250 $HLTHY tokens and have some basic needs covered. Also, a user could stake up to 100,000 $HLTHY and get 25% cash-back for healthy purchases (fruits and veggies). By using computer vision technology, it is as easy as taking a photo of their grocery or store receipt and uploading it to the platform.
Ultimately, Health Hero sees the intesection of currency, healthcare, and games as critical and thus is in the process of raising a $50M ecosystem fund to fund and accelerate companies and game developers that leverage its platform, token, and see to launch their own real world healthcare asset backed tokens. More info on their fund and accelerator: https://goplatform.io/
About Qredo
Qredo is a decentralized digital asset management infrastructure and product suite designed to unlock new opportunities for institutional investors in digital assets and decentralized finance. Qredo’s Layer 2 blockchain protocol enables users to seamlessly transfer and settle BTC, ETH, BNB Chain, Solana, Polkadot and ERC-20 tokens. Assets are secured by Qredo’s advanced Gen 2.0 multi-party computation (MPC), which provides tier-1 bank security and institutional-grade governance.webw
About Health Hero, Inc.
Health Hero is a web3 digital health engagement platform that rewards users for staying healthy with sustainable in-platform economics that gives them access to free healthcare and healthy food. Defining the web3 health trillion-dollar market, Health Hero seeks to be the Web3 healthcare platform of choice.