VRS
  • VRS HEALTH PROJECT
  • Road map
  • Disclamier
  • Overview
    • Value Relationship Storage
    • Super aged society
    • My Data's starting keyword
    • Various keywords
  • Smart health care data industry
    • Digital Healthcare Market status
    • Market Regulations
    • Changes in the market
  • Major industry shortages and concerns
    • Real information ownership
    • Number 1 Cause of death and the importance of health innovation
    • Limitations of Existing Mobile Platforms
    • Data utilization and flow
    • Healthcare industry and blockchain
  • Health data-driven Ecosystem
    • Operation method
    • VRS health wallet and reward mechanism
    • HP(health Point)
    • Connecting the VRS ecosystem service platform
  • Blockchain technology
    • Klaytn
    • Comperter Grid Technology
    • Computer Filtering Technology
    • VRS Token
    • VRS Use Cases
    • VRS token's reward
    • VRS ECO Staking
    • Streaming mining
    • - Platform Mining
    • - Server Mining
    • - Node Mining
    • - Upload Mining
    • - Content Mining
  • VRS Contents
    • V-care o4o system
    • Happy Table
    • Exer Heart
    • Health Wallet Service
    • VRS P2P Platform
    • VRS NFT Market
  • Token details
    • Tokenomic
    • Team
    • References and Quotes
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  1. Major industry shortages and concerns

Data utilization and flow

PreviousLimitations of Existing Mobile PlatformsNextHealthcare industry and blockchain

Last updated 1 year ago

In the world of data economy, users produce valuable data with literally every step they make. However, because it remains stored with a single provider, every ecosystem player is participating in the race to come up with a better mechanism to lock a user within one platform. For this reason, market players become discouraged to offer integration and data sharing mechanisms. The second factor contributing to this situation are data protection laws that, for good reasons, prevent companies from freely sharing users' personal data not only with other businesses, but also within t hecompany itself. If consumers allow personal ownership of sports and health data, users who can manage their health information processes will be able to share the data they need, and providers will be provided with optimized health information. The sports and wellness market includes a wide variety of players who cover various aspects of user behaviour like choosing a fitness trainer, an exercise regime, a gym, healthy diet and supplements, sports clothes and shoes. Healthy lifestyle enthusiasts owning the data collected from a variety of sources could make the bestuse of it by connecting multiple industry products and services that enable all key players to profit fromthis free flow of data. Due to the lack of a mechanism allowing users to effectively share their sports and health data, the sports and wellness industry cannot offer user-centred products and services for all aspects of a healthy ifestyles.