One startup putting a fresh spin on health and wellness services is LivWell Asia Pte Ltd, a company leveraging blockchain technology for a gamified, membership-style health and wellness app that rewards users for being active. This innovative use of technology is leading many to question: is gamification the next big trend in the health insurance and wellness industry?
Born out of Singapore, LivWell Asia has a core engagement in Vietnam and India, where it successfully combines the elements of fitness tracking, reward systems, and micro-insurance policies. This refreshing model sets the company apart in both the health care and fintech industries, making LivWell a noteworthy company to keep an eye on.
- Key takeaways:
- LivWell Asia is disrupting the Health and Wellness sector with a blockchain-based gamified system.
- The startup offers its members reward incentives for staying active and living healthier lifestyles.
- LivWell Asia also provides micro-insurance policies in conjunction with the largest fitness chain in Vietnam.
- The company’s ecosystem provides unlimited access to wellness benefits across diverse sectors.
LivWell stands out among its peers by successfully blending financial services and health care. Its innovative application encourages users to walk and move more, rewarding them with “LivWell coins” based on the steps they take and the calories they burn. This type of incentivization is an exciting new approach in promoting healthier lifestyles, and it’s showing a lot of promise.
Besides the reward system, what sets LivWell apart even further is its strategic partnership with the largest fitness chain in Vietnam. As part of this collaboration, LivWell is able to offer micro-insurance policies to its members, providing protection from personal accidents. This shows how the company is putting its customers’ health and safety front and center in its platform.
Looking towards the future, there’s no doubt that LivWell Asia is on a path of growth and innovation. The cutting-edge offering of gamification in health insurance and wellness sector shows immense potential, and it’s making a positive impact on the wellness habits of users.
As health consciousness continues to gain prominence worldwide, LivWell Asia has the opportunity to scale its unique services globally. Given the scalability of blockchain technology and the universal push towards healthier living, it’s clear that LivWell Asia is an exciting startup to watch.
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