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| CoinDesk spoke to the creators of an unusual project that aims to establish a complete sports ecosystem on the blockchain. |
A Taiwanese insurance company is building a network of blockchain protocols to help its customers reduce the price they pay for coverage.
According to our source - This project differs from similar information-collecting initiatives by wearable providers in one crucial aspect: it will give ownership and control of the data to the user.
Developed by a team at Taiwan-based Fubon Life Insurance, Bravelog had its first live test last month at a triathlon. Wearables recorded race details as well as biometric data, and stored the information on a private version of ethereum built on Microsoft’s Azure platform.
The ultimate objective is to create a common platform that collects and synthesizes data from sports activities, which can then be accessed by a range of service providers, according to criteria set by the user.
If, along the way, the user can enjoy improved health and lower insurance premiums, so much the better.
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