In simple terms, blockchain is a record of digital transactions, unlike the big books used over the years to record sales and purchases. In fact, the function of this digital register is almost identical to the traditional register because it records debits and credits among people. This is the basic concept behind blockchain; the difference is who holds the ledger and who verifies the transaction.
Blockchains work differently at key points: they are fully decentralized. There is no clearing center like a bank and no central list is owned by an entity. Instead, ledgers are distributed across an extensive network of computers, called nodes, each of which contains copies of the entire ledger on each hard drive. All these nodes are connected to each other through peer-to-peer software, which synchronizes data across the network nodes and ensures that everyone has the same version of the ledger at all times. While with traditional transactions, payments from one person to another involve some kind of intermediary to facilitate transactions.
ZEALEUM ECOSYSTEM
The Zealeum community ecosystem fueled by user-generated & controlled health and wellness data will enable the exchange of value and data through the introduction of Zealeum Tokens (ZEAL), which are ERC20 tokens on the Ethereum blockchain. The Zealeum utility token is to be utilized within the Zealeum ecosystem primarily as a means of
reward and payment for a wide variety of health-enhancing products and services in all segments of the multi-trillion-dollar health and wellness industry.
Users will be able to earn token rewards for healthy lifestyle choices. They can earn Zeal Tokens by visiting health and wellness centers in their region, by purchasing online services or services in real-life fitness establishments, by purchasing meal or workout plans provided by fitness professionals on the Zealeum platform, and much more. Zealeum foresees its platform to be the market gateway tool for the user-generated, data-powered healthy lifestyle community
ecosystem which will expand quickly with more and more partners accepting Zeal Tokens and using them as a means of exchange of value and data.
Zealeum Community Ecosystem & Participants
The Zealeum community ecosystem fueled by user-generated & controlled health and wellness data will enable the exchange of value and data through the introduction of Zealeum Tokens (ZEAL), which are ERC20 tokens on the Ethereum blockchain.
Zealeum’s main goal is to monetize and incentivize data and healthy living through the Zealeum Token. Users will be able to earn token rewards for healthy lifestyle choices. They can earn Zeal Tokens by visiting health and wellness centers in their region.
The wallet functions as a gateway to the ecosystem and allows its users to create their own personal profile, input and track their health and wellness data and connect it to their favourite fitness and health tracking apps.
The marketplace will contain the very best beauty and fitness products, health & wellness services, health food and supplement providers, dieticians, yoga instructors, organic restaurants, gyms, nutrition, etc. Establishments and professionals have options when it comes to providing value to the ecosystem and accepting payment on the platform.
Zealeum Wallet & The Zeal Token (ZEAL)
The Zealeum Wallet will be implemented in multiple steps. In order to bring the product to the market as soon as possible, Zeal tokens will function as a utility token granting access and certain privileges on the Zealeum platform. The wallet allows users to store their tokens securely as well as grant them access to buy services and products offered on the platform by professionals.
Zeal Tokens (ZEAL) are ERC20 standard utility tokens created on the Ethereum blockchain which incentivize participation on the Zealeum Community Platform. The ERC20 standard establishes a common set of rules for tokens issued via Ethereum smart contracts and is currently the basis for many tokens released through Initial Coin Offerings on the Ethereum Blockchain.
Data Privacy & Security Implementation
The Zealeum team is aware that security is a key necessity for its users sharing their healthy lifestyle data. Zealeum is committed to ensure the highest level security measures mirroring the latest developments in cyber security best practices.
HOW ZEALEUM WORKS
Users register and create a health profile where they can store, view, share and sell their data.
Users have the ability to connect their profiles to their favourite fitness & health tracking apps and wearables, allowing them to track data from a wide variety of sources and aggregate and analyze data within a user-friendly interface.
Users set their own privacy rights and choose exactly which information they would allow to be shared or sold.
The generated data is transferable, secure, and tamper-resistant.
Zealeum’s health profiles allow professionals such as nutritionists and fitness trainers to create personalized nutrition and workout plans based on the information shared with them from each specific user, allowing them to create custom-tailored solutions.
Users earn ZEAL Tokens by making healthy lifestyle choices. For example, users can earn ZEAL Tokens by purchasing online products on the Zealeum platform, by purchasing personalized meal or workout plans provided by professionals, for participating in a marathon, for visiting a fitness center or a vegan restaurant, and much more.
Individuals on the platform can also receive ZEAL tokens for simply showing up to a designated location or participating in a specific fitness event sponsored by a Zealeum partner.
Zealeum ecosystem participants can also use the ZEAL Tokens as a form of payment to purchase a wide variety of products and services from the businesses and service providers within the community ecosystem.
The Zealeum Platform creates, stores and constantly updates every users’ digital profile which will include metadata and data that paints a full picture of who each user is in terms of their identity, their health and their fitness profile.
Through the token, users on the platform can package and sell their data to companies or fitness professionals interested in viewing or leveraging that data.
Users will not have their data available on the Zealeum marketplace unless they check boxes indicating they would like to receive ZEAL in exchange for their information.
Users are alerted with a request for data whenever there is interest from a professional or information broker.
Zealeum’s health profile is a very valuable asset in the growing Internet of things which can help to solve several issues with the lethargic health industry; a transferable, secure, tamper-resistant health profile with data that can be seamlessly shared through a distributed ledger with doctors, insurance companies, nutritionists, and more.
The potential for individuals as well as health insurance companies, health care providers, doctors, fitness trainers, nutritionists and several other network participants to be positively benefited in such an ecosystem is what drives the Zealeum project.
In addition to data sharing in the form of patient records, potential exists for blockchain technology to positively impact patient-reported outcomes (PROs).
TOKEN DETAILS
Name of the token: Zealeum Token
Token: ZEAL
Type: Ethereum
Standard: ERC20
Total supply: 1 000 000 000 ZEAL
Available for sale: 600,000,000 ZEAL
Pre-Sale Supply: 200,000,000 ZEAL
Public Sale Supply: 400,000,000 ZEAL
Soft cap: $ 5,000,000 USD
Hard cap: $ 50,000,000 USD
A total of 1,000,000,000 (1 billion) ZEAL will be pre-mined during the initial token generation event. Of the 1,000,000,000 ZEAL in circulation, 600,000,000 will be made immediately available to the public through the pre-sale and initial token offering periods.
Token Allocations (% of 1,000,000,000 TotalSupply)
For more informations visit:
Website: https://zealeum.life/
White Paper: https://zealeum.life/wp-content/uploads/2018/03/zealeaum_white_paper_mar1318-1.pdf
Facebook: https://www.facebook.com/Zealeum/
Twitter: https://twitter.com/_zealeum
Telegram: https://t.me/zealeum
Instagram: https://www.instagram.com/zealeum/
Author: Richard Ayebaesin
Bitcointalk Name: ayeba
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1642756