Fitchain
FitChain is a decentralized platform designed to revolutionize the fitness and health data economy by enabling secure, privacy-preserving, and equitable exchange of personal fitness data.
FitChain leverages blockchain technology to create a transparent, immutable, and user-controlled environment where individuals can monetize their health and fitness data while maintaining complete privacy and control over their information.
FitChain offers a new value proposition to individuals seeking to benefit from their health data, and to entities needing consent-based health data, by establishing a fair data economy.
This shift towards a more transparent and user-centric model promotes greater participation in health data sharing, potentially leading to improved health outcomes through personalized fitness and wellness programs.
By enabling individuals to monetize their health and fitness data directly, FitChain disrupts traditional data monetization models, redirecting economic benefits back to the data creators themselves. This democratization of data monetization could stimulate widespread participation in the digital health ecosystem, fostering innovation and growth across related sectors, including fitness apps, wearable technologies, and health research.
- Motivation for the project: FitChain is poised to significantly enhance the TrustChain established impact and the broader NGI Ecosystem by introducing a novel, blockchain-based platform for managing, sharing, and monetizing personal health and fitness data. By prioritizing data sovereignty, user privacy, and equitable economic models, FitChain embodies the core principles of TrustChain, offering a practical solution that strengthens trust, transparency, and user empowerment within the digital space.
- Generic use case description: FitChain will integrate through RUN24/7 portal with popular fitness apps (Garmin, Runkeeper etc.) via an API gateway, extending the data ecosystem. Users of these platforms will opt-in to share their data with FitChain, benefiting from the broader data monetization and analysis features. Smart contracts ensure that data sharing respects user privacy and consent.
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Essential functionalities:
1.Smart Contracts;
2. Data Management & Encryption;
3. Monetization;
4. Interoperability with external fitness platforms -
How these functionalities can be integrated within the software ecosystem:
Smart contracts automate the enforcement of data sharing agreements, ensuring that data transactions between users and data consumers adhere to predefined terms.
A unique encryption key for each user guarantees that data can only be accessed by authorized parties.
The monetization aspect is managed through a tokenization engine, which issues digital tokens as a medium of exchange within the ecosystem. Users earn tokens by sharing their data, which can be redeemed for services or converted into fiat currency.
To facilitate interoperability with external fitness platforms FitChain features a robust API gateway. This gateway provides standardized endpoints for data sharing and retrieval, allowing external platforms to securely access and contribute to the FitChain ecosystem under user-consented agreements. - Gap being addressed: FitChain is motivated by the growing demand for data sovereignty and the monetization of personal health data amidst the rising popularity of wearable technology and personalized health services. FitChain adopts a federated business model that empowers users with digital sovereignty, allowing them to decide what data to share, with whom, and under what terms. This model disrupts traditional data silos, enabling seamless interoperability between different fitness platforms, wearables, and health apps through standardized APIs and protocols for data exchange.
- Expected benefits achieved with the novel technology building blocks: FitChain enhances TrustChain by promoting data sovereignty, fair compensation via tokens, and transparency with blockchain tech. It supports decentralized governance, appeals to fitness enthusiasts, health researchers, and privacy advocates, and adds value to TrustChain and consortium members NEURON AI and Logika-X.
- Potential demonstration scenario: A potential demonstration scenario for FitChain could involve a user uploading and tokenizing their fitness data onto the platform, setting a price, and then a researcher purchasing access to this data. The transaction would be securely processed via FitChain's smart contracts, with the researcher receiving access to the data and the user earning cryptocurrency, all showcased in real-time on the platform.
Team
Marilena ATHANASIOU
Project Manager
Marilena (female) is a seasoned project manager with over 15 years of experience in overseeing complex tech projects. She holds a master’s degree in business administration and a Project Management Professional (PMP) certification. Marilena’s strengths lie in strategic planning, team leadership, and effective communication, all vital for steering the project towards its objectives.
Michael LOUKERIS
DevOps Engineer
Michael LOUKERIS, (male) has been a Computer Engineer since 2008, with 15 years of experience in the implementation of large-scale technological products and commercial solutions. He holds a master’s degree in Telecommunication Network Management and Economics. At the same time, he has extensive development experience in a wide range of Web and AI applications.
Panos Papadatos
Product Manager
Panos PAPADATOS, (male), holds a Diploma in Electrical and Computer Engineer and a master’s in business administration. He also holds a Diploma in «Sales Management» from Hellenic Management Association and Great Britain’s’ Institution of Sales Management – global representative body for sales executives. He has over ten years of experience in sales management and commercial exploitation of Blockchain and AI solutions including industrial applications.
Vassilis Papataxiarhis
Business Development
Vassilis PAPATAXIARHIS, (male) holds an MSc in Computer Science with a specialisation in Machine Learning in industrial environments and has extensive experience managing complex technological projects. Vassilis’ proficiency in AI/ML combined with his ability to navigate the challenges of project management makes him an ideal leader.
Christos Panagiotou
Blockchain Developer
Christos PANAGIOTOU, (male), received his diploma in Computer Engineering from Dept. of Computer Engineering and Informatics, University of Patras, Greece. His research interests include blockchain technologies, energy efficient wireless communications, wireless sensor networks, internet of things and cloud services. He has strong technical skill on developing web based distributed applications using cutting edge technologies that encompasses the best practices for software system design and development.
Dimitris Karadimas
Blockchain Developer
Dimitris KARADIMAS, (male) holds Diploma and MSc. in Electrical Engineering from Dept. of Electrical and Computer Engineering, University of Patras, Greece. He has more than 15-years professional experience in research, development and implementation of ICT projects at national or European level in embedded systems, web technologies and platforms in the following areas: Cyber-Physical systems (RFIDs, IoT), Blockchain, e-Health and e-Learning
Entities
NEURON AI
NEURON AI is a technological SME targeting innovation in the areas of data analytics, semantic Web technologies and reasoning tools. Operates one of the biggest web portals in Greece that will act as a beta user to validate the product www.run247.gr
Website: https://neuronai.eu/
Twitter: https://x.com/Neuron__AI
LOGIKA-X
Logika-X excels in delivering robust, scalable, and forward-thinking applications. The company’s mission centres on harnessing the power of DLT and GenAI to empower businesses, governments, and individuals with tools that ensure unparalleled data integrity, privacy, and efficiency.
Website: http://logikax.com
Twitter: https://x.com/logika_x
