Boltt's Auditable Health Rewards are based on Trust & Transparency:
Boltt's Health Reward Engine are based on a Smart Contract
This offers complete transparency in the process of token generation
It is audit-able and hack proof
Any manipulative actions (faking steps etc.) can be easily traceable and virtually impossible to hide or forge
Hosting Decentralised Fitness Challenges without a middleman:
All Boltt platform challenges, tournaments and games are recorded on the Blockchain
The Ethereum Blockchain supports decentralized tournament creation and distribution of the winning with smart contracts
Players are able participate without being dependent on host decisions, financial regulations, and middleman controls.
Boltt challenges aim to eliminate the need to trust hosts running centralized platforms.
Boltt's unique Health ID ensures Data Privacy & Security:
The Health ID uses Blockchain to keep all the health identification data of the users safe.
Blockchai embeds rules via smart contracts to control access to sensitive health data.
Users can specify who should be given access to such data.
All the transactions are logged on the blockchain ensuring that user history is kept private, verifiable, and destructible on demand
Data immutability on the Marketplace:
The Boltt Decentralized Marketplace rests upon many fundamental pillars of the blockchain.
One of the most important one is the safety and security.
All confirmed transactions on the Boltt marketplace are not able to be changed without the consensus of the network
As long as the blockchain is operative, the data on it is always accessible.
Cost-effectiveness for Ecommerce Transactions:
The P2P nature of the blockchain does away with the need for any intermediaries to facilitate transactions.
Transaction cost on the Boltt platform is even less than 0.1% of the transaction value, which is significantly lower compared to centralized payment methods such as PayPal or credit cards.
Overall, within the Boltt shop, there are automated triggers and processes
Smart contracts provide the foundation for digitization and automation for business processes.
EXECUTIVE SUMMARY
Boltt solves one of the biggest problems in personal health: Lack of motivation for personal health improvement. While solving this primary problem, Boltt’s solution successfully provides answers to several other major gaps and pain points in current healthcare ecosystems such as lack of engagement and loyalty for the stakeholders. Engagement, Gamification & Loyalty is the three main pillars for any brand, corporate & business. There is no "One Platform" that provides all three pillars for business & customers alike.
Be it corporations, brands, celebs or retailers alike, all are looking at newer ways to remain engaged with their employees, consumers, fans & stakeholders. With more and more retailers & brands trying to connect with audiences across an array of social channels, the attention span of people is on a decline. Businesses need to quickly figure out what is best for their audiences in order to generate better engagement and increased brand loyalty. Just like a brand, celebrities also have a reputation and online engagement to maintain in order to increase and maximize their audience. Corporations need a better seamless way to engage & motivate to enhance employee productivity. Service Providers need to find differentiated ways to increase retention & acquisition of customers.
Boltt creates an ecosystem of real-life partnerships with retailers, merchants, corporates, service providers, insurance companies, and an integration of gamification, blockchain and distributed ledger technology that aims towards increasing engagement & loyalty based on improved health. The Boltt ecosystem enables people to Earn BolttCoins by taking steps, which is a tangible measure of improving one’s personal health. BolttCoin is the exclusive currency used within the ecosystem that can be used as rewards in social gamification, engagement and loyalty programs across the ecosystems.
Boltt health reward engine
Enables to earn BolttCoins with steps & personal health achievements.
Boltt engagement & gamification
Enables creating challenges, tournaments, and games from sponsored brands, celebrities, and corporates to reward participants. In addition, it enables merchants to create loyalty programs or link their existing programs to the Boltt platform & give rewards in the form of BolttCoins to spend on the partner network.
Boltt decentralized marketplace
Serves several purposes. It mainly enables product listing and sale while opening up a host of other uses including insurance benefits, utility bill payments, entertainment bookings, offline shops, and other services.
Boltt identity management and health ID
Provides a digital identity to every individual user. This will be one global health ID on the Blockchain that provides a higher level of security and privacy and available on demand.
Boltt crypto wallet
Enables access to all financial services in the Boltt ecosystem. This includes many features including multiple top up and cash out options, holding fiat or multiple crypto currencies, money transfer, bill payments & a decentralized
Website : https://bolttcoin.io/
Twitter : https://twitter.com/bolttsports
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