Clinicoin is a blockchain platform that pays you to be healthy, then connects you with people who help keep you healthy. Find out how it works today in our review.
What is Clinicoin?
Clinicoin, found online a t Clinicoin.io, aims to create the largest cryptocurrency-based health and wellness community on the platform. It consists of an open source, blockchain-based platform where users are rewarded with cryptocurrency for engaging in healthy behavior.
The platform is designed to connect people, developers, and providers around the world. The ultimate goal is to improve health, wellness, and research around the world.
Clinicoin’s ICO is taking place from February 21 to March 20, 2018.
How Does Clinicoin Work?
Clinicoin will cater to three types of participants, including users, developers, and providers.
Clinicoin will reward users when they participate in healthy activities. Users can also access Clinicoin to connect with health and wellness information, digital tools, and a community of supporters.
Or, users can earn through the platform. As the Clinicoin website explains, users can “be your own cryptocurrency miner by being healthy.” Users earn tokens by logging healthy activities over the Clinicoin app and third party health tracking apps.
After users collect CLIN tokens, they can spend them in a decentralized health and wellness marketplace where they can buy digital tools, products, and services.
Users can also educate themselves through the Clinicoin platform, discovering the latest trends in health, nutrition, and physical activity.
Finally, to connect with other users in the Clinicoin community, users can communicate view the built-in secure messaging function.
Software and health app developers can build health apps on the Clinicoin platform. By connecting their existing health apps to Clinicoinas proof of engagement validators, they can earn CLIN tokens when users take part in health and wellness activities using their apps.
Developers become a validator, connect their health app, then begin earning CLIN tokens when they confirm wellness activities. “It’s similar to mining bitcoin,” explains the official website, “except their energy makes them healthy and makes you money.”
Third party software apps can also be connected to the Clinicoin platform as ClinApps. Users can leverage Clinicoin’s secure, open source platform as a mobile channel without the need to develop and maintain another mobile app.
“Providers” on the Clinicoin platform include healthcare and research providers. These groups benefit from having an easy and secure way of communicating with users, gathering useful data, and ensuring they’re meeting health and research goals by offering CLIN tokens as incentives.
Providers can collect data from Clinicoin in multiple ways. They can deploy surveys, for example, to users who are interested. Users are encouraged to complete surveys through the use of Clinicoin tokens, which are released by providers during token distribution events, or TDEs.
Features of Clinicoin
We’ve already told you how Clinicoin users interact with the platform. Now, here are some of the features they can use on the platform:
The Clinicoin rewards engine enables the distribution of CLIN tokens between community members. CLIN can then be spent in the marketplace in exchange for access to digital health tools, premium content, products, and services.
The rewards engine will integrate with third party apps through the ClinApps system, which means users can earn tokens interacting with apps outside of the Clinicoin platform as well. The Clinicoin rewards engine could extend across the health and wellness app community.
Proof of Engagement:
Clinicoin uses proof of engagement, or PoE, to issue rewards to users. Developers can become validators in the Clinicoin ecosystem, which means they validate token transfers to users. When a user earns tokens through a Clinicoin app, the developer validates that token transfer, then receives tokens in exchange for validating that transaction.
There are two types of validators on the Clinicoin platform. There are health app developers who connect their health applications to the Clinicoin platform, then validate transactions performed by users on the app in exchange for CLIN tokens.
There are also “IRL validators” including exercise instructors, yoga teachers, personal trainers, team coaches, running club leaders, and more. Using Clinicoin, these validators can create activity events that generate QR codes on their smartphone.
Anyone who participates in the activity scans the code with their phones in order to get credit (in the form of CLIN tokens) for the health activity. The IRL validator also receives tokens.
Clinicoin lets users communicate securely. This is important for more than just privacy: it means Clinicoin can meet HIPAA standards for healthcare communication, for example, and 21 CFR 11 standards for clinlical research communication.
Health and Wellness Marketplace:
After receiving CLIN tokens in exchange for health activities, you can spend those tokens in the Clinicoin marketplace. The marketplace will offer health and wellness products and services.
How to Use Clinicoin
- Download the Clinicoin app for your mobile device
- Participate in healthy activities like running, surfing, meditating, and more
- Use the secure messenger to connect with people and organizations that help you track your health and wellness goals
- Explore resources and other information on the platform to learn more about fitness, nutrition, and health
The technical platform under Clinicoin consists of a decentralized app that interacts with the Ethereum blockchain. That app includes a native application with end-to-end encrypted messaging (E2EE), a transaction processing system (TPS), and an automated smart contract system (RPC).
The Clinicoin CLIN Token Sale
The Clinicoin token sale for CLIN tokens will take place with no pre-sale, no whitelist, and no minimum order requirements. You can purchase 1 CLIN token for $0.03 USD. Clinicoin is accepting BTC, ETH, LTC, XRP, and USD during the token sale.
The token sale is scheduled to take place from February 21 to March 20, 2018. There’s a soft cap of $2 million and a hard cap of $26 million during the token sale.
Who’s Behind Clinicoin?
Clinicoin is led by Noel Chandler (co-founder and CEO) and Jay Sachdev (co-founder and CTO). Noel is the co-founder and CEO of Mosio, a mobile messaging software company solving patient engagement problems. Jay has served as CTO of that company since its inception in 2007.
Clinicoin was launched by Noel and Jay and the Mosio team. Mosio is based in the greater Seattle area.
Conclusion For Clinicoin CLIN
Clinicoin is a blockchain-based health and wellness platform created by the team at Mosio, a mobile messaging platform that was founded in 2007. The token sale for Clinicoin tokens, or CLIN, is taking place from February 21 to March 20, 2018. CLIN tokens will be used to reward health and wellness activities.
To learn more about Clinicoin and how it works, visit online at Clinicoin.io.