The $JCO Utility Token Explained: Unlock the Value of Your Health Data

JennyCo, Inc.
JennyCo Inc
Published in
2 min readMay 11, 2023

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JennyCo offers a privacy and security-focused app that allows users to store their health data, get personalized wellness insights and recommendations, and earn rewards. You earn rewards by uploading your DNA data, answering simple questions (e.g., do you smoke?), connecting your wearable device, and more.

You can also earn rewards by joining data pools based on specific criteria set by businesses or research institutes. For instance, a company conducting a study may be looking for participants over 65 who walk at least one mile daily. Therefore, individuals in this category will be eligible to join this data pool.

JennyCo allows users to lease their data to businesses or research institutes. Your health data is safeguarded to ensure utmost security and confidentiality. Instead of directly sharing your data, JennyCo utilizes advanced analysis techniques to extract meaningful insights, which are then shared in a highly secure and encrypted format. At the end of the leasing period, the data pool is deleted. This grants users absolute privacy and unwavering control over their personal health information.

Businesses add rewards (in the form of JCO utility tokens) to the data pools to incentivize users to participate in studies. Users must stake some of their utility tokens to join a data pool. The staking period determines how long businesses have access to the encrypted data.

At the end of the staking period, users receive their staked JCO utility tokens back, along with a share of the reward utility tokens. The JennyCo pool is an indefinite pool that offers rewards and AI-driven personalized health recommendations.

More data pools are created as more people and businesses join the platform, requiring more utility tokens. By downloading the JennyCo app, you can make use of your health data.

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JennyCo, Inc.
JennyCo Inc

Welcome to the world's first cryptographically secured healthcare data exchange. Control, monetize and gain insights from your health data.