360Wellness : Ushering a new dawn through blockchain technology
Incorporating technology into the fitness industry is NOT a new phenomenon; from wearables to fitness applications, we have various technological tools that make fitness more appealing to people. We live in a modern age where people seek simple access to specific services via technology, yet the popular range of technology can only go so far.
The COVID lockdown ushered in a new era in the fitness sector since people could not attend the gym to exercise. There was a demand for a technology suite that would enable creating a whole fitness ecosystem online. This demand increased as more people were required to complete their workout routines without leaving their homes, yet under the supervision of a fitness trainer.
An online fitness ecosystem is a payment mechanism and a virtual conduit for fitness content creation. Blockchain technology has aided in developing a decentralized payment system to incentivize users to participate in online fitness activities.
Users will be able to download and pay for fitness content created by world-class fitness experts from the comfort of their own homes. With the integration of blockchain technology, fitness enthusiasts worldwide could build a whole new ecosystem online to incentivize both users and personal trainers.
Blockchain is going to increase the value in the fitness industry.
We must understand the technology at the core of the fitness industry’s development. Blockchain is a frequently utilized technology that provides end customers with the direct benefits of a product without the involvement of a middleman.
In other words, blockchain is about decentralization. Smart contracts within the blockchain tackle the privacy and security vulnerabilities that the intermediary system brings to any industry. The growing popularity and value of blockchain technology have the potential to disrupt the fitness industry. The blockchain use case in the financial sector, cryptocurrency, has made a significant impact.
Incorporating the cryptocurrency concept to incentivize specific actions and activities can assist users in prioritizing their health and fitness. Using blockchain technology to improve one’s health and wellness is more beneficial than one might assume.
360Sports Pte Ltd, a Blockchain-based health and fitness startup, has developed a mobile application called 360Wellness to build a whole new fitness ecosystem and track users’ health. This fitness solution uses a native token called DEFIT for its payment system. DEFIT provides numerous features such as staking and earning rewards, enhanced data privacy, wider accessibility, and many more.
Another distinguishing aspect is the utilization of live virtual fitness courses in which world-class experts can educate users. Users can engage in various activities such as Yoga, mental strength coaching, and many others.
This software rewards user with DEFIT tokens for accomplishing specific tasks assigned by the instructors. As a result, this incentive stimulates and drives users to perform health and fitness tasks. With the implementation of a decentralized system, users can stake their tokens and receive interest. $DEFIT adds value to the digital fitness ecosystem by allowing users to generate passive revenue for staying fit and healthy.
In other words, users no longer have to make substantial financial sacrifices to have on-demand fitness class access, data privacy, and entry to unique fitness communities.
In the past, mentors proposed many solutions to bridge the gap created by COVID social distancing; however, most of them fall short of meeting the needs of a modern user. 360Wellness was able to fill the void with significant success through intelligent integration of DeFi (Decentralized Finance).
By building adjacently to 360Wellness, DEFIT was the missing piece of a fair economic system and solution to resolving privacy and trust issues within the digital fitness databases. The addition of DEFIT demonstrates how blockchain systems and innovative digital currencies could contribute to the value of the health and fitness sector.
You can download the 360Wellness app on: