EPILLO launches Blockchain-based Smart wearables to revolutionize the Healthcare & Fitness Industry

By abbasanwarinfo Last updated Oct 15, 2022

Epillo.io is the blockchain division of Apollo Health Systems. Using Web 3.0 and Blockchain technology, a disruptive IoT smart-wearable line called “Fitment Wear” has been made, along with exciting features like NFT-based Gamification, NFTs, a marketplace for health products and services, and decentralized finance (Defi).

Apollo Health Systems is about to make a big move into blockchain and the health and fitness industries by releasing its first smartwatch. The company says that this watch has the potential to change the health and fitness industries for good. Before getting into blockchain, Apollo Health had three healthcare brands: Epillo HealthHUBTM (Retail Health & Medicine), FreshweyTM (Health-Food), and INTRxTM (Technology with WIPO Gazetted Patent on Drug-Food Interaction Management).

Aasif Shah, the co-founder, and CEO of Apollo Health Systems says this about their fourth and most important project: “Our goal is not to give our customers just another smartwatch, because the market is already full of them. Instead, we want to give them the utmost privacy, security for their health data, and a key to the wonders of Web 3.0 in a smart wearable.

EPILLO launches Blockchain

FitMint Wear is the first smartwatch of its kind. It uses blockchain technology and opens up new ways to use Web 3.0. Some of the features are NFT Gaming, Crypto Wallet, Health Data on the Chain, Crypto Staking, and a new marketplace for NFTs and healthcare products. FitMint Wear’s features paint a very different picture of the smartwatch and put it in a new category of smart wearables.

However, Mr. Areeb Ahmad, who was part of the company’s founding team and is now the Global Head of Blockchain & Strategy, disagrees. Ahmad says, “We are not making a new kind of smart wearable? Instead, we are just presenting the existing health features in a better way with more accuracy and adding some new features that we think are needed at the moment. “

By adding NFT gaming to its smartwatch, Epillo is trying to reach the whole community of NFT gamers while also trying to make the health-tech industry more accessible to everyone. Gamification makes it possible for players to win real cryptocurrency. The paper said the game could be played in 11 different sports modes with 3 badges that would determine the level of difficulty and how much crypto a player could earn. It’s interesting that a person’s achievements will make his NFT better and more valuable, so he can trade it with other collectors or gamers.

On October 5, Epillo released its white paper to the whole world at the Crypto Expo in Dubai. This was done so that people could learn more about its other verticals, such as the NFT Marketplace or health data on Chain. The paper says that Epillo will launch its token again by the end of October. The name of the token will be the same as the brand name. This will happen before the launch of their smartwatch. While gamers earn crypto in the company’s native token, EPILLO, which comes with a crypto wallet, the token can also be traded for other native tokens, giving the user more power.

Newcomers to the crypto world who find NFT gaming too complicated can also get an attractive annual percentage yield (APY) by just holding their tokens with staking. The EPILLO token will also give users access to a wide range of medical, health, and wellness products and services, such as global health consultations, genomic testing (DNA) and clinical testing services, nutraceuticals, health products, medical aids and devices, health insurance, health retail investments, etc.

When they talk about their Defi product, they say that the Apollo Health Token (EPILLO) is the project’s native token. At first, it will be used on the Polygon chain (Ethereum Scaling Blockchain). The EPILLO will give the community a secure and scalable network for fast, low-cost transactions.

The goal of the EPILLO Health Token is to create a sustainable economy by making multiple services available in the whole Apollo Ecosystem and making sure that the incentives for the community, builders, developers, and investors are all the same.

When asked if this project has anything to do with the future of the healthcare and blockchain industries, Dr. Bhupinder Singh, Chairman of the Board at Epillo Health Systems, says, “Epillo Group started as a health tech company.” One could say that the healthcare industry is one of the biggest. Apollo Health Systems will focus on the retail health, health-tech, digital health, and consumer healthcare parts of this $68.73 billion industry. First, we’re giving the user more privacy by letting them store their health and fitness data in distributed, decentralized ledgers and share it with their healthcare providers peer-to-peer.

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