We’re Collaborating with Boltt to Enable Users to Monetize Data in the Health & Fitness Space
Eleven01 — India’s first-ever blockchain protocol — is joining hands with Bolttcoin, a decentralised health & sports venture based on blockchain, to exchange domain expertise, and come together for the creation of health and fitness-based decentralised applications on the Eleven01 protocol.
Boltt is a forerunner in the mobile health & wearable-tech space that came up with the world’s first digital health currency — BolttCoin. It enables its users to track, analyse, and monetize their health data that is generated and controlled by the users.
Their partnership with India’s native blockchain protocol will explore the applications of blockchain technology in the health and fitness sector, and look into the creation of decentralised applications on the Eleven01 protocol to leverage Eleven01 fast-secured and privacy-centric transactions protocol.
“Boltt is part of the rapidly growing health and fitness industry that is presently worth $87.2 billion with a consumer base of 174 billion members. We are always looking to build our presence through innovation and meaningful partnerships in the health and fitness space. Our partnership with India’s native blockchain protocol — Eleven01, to exchange domain expertise, falls in line with the said pursuits.”, said Arnav Kishore, CEO of Boltt. ”We are positive that our exchange of ideas and expertise will be a fruitful one. We’re looking forward to this collaboration,” Arnav expressed.
Since the launch of their testnet in December, Eleven01 has been aggressively advancing their platform to enable dApps creation. With this collaboration with Bolttcoin, Eleven01 will venture into the health and fitness sector for the first time. “The health and fitness sector holds a landmine of user data in siloed repositories unable to connect together thus losing on valuable insights that can be gleaned from an aggregated data.”, said Ausaf Ahmad, CEO of Eleven01. “With Eleven01 privacy features, users will be able to monetize their data while keeping the data integrity intact. I am certain that our partnership with Boltt will help drive innovation in this data-rich field with our blockchain technology,” he also added.
With a resolve to build a platform that will bring blockchain to the next billion users, Eleven01 is going forward to create a blockchain ecosystem that will enable all-round development in this emerging technology space. This collaboration will drive innovation in the health and fitness sector and provide for a wider variety of services and products backed up by blockchain technology.