Lattice Gateway launches JennyCo’s $JCO token, the world’s first Web3 healthcare data exchange putting users in charge of their own health data
Lattice Gateway is pleased to welcome JennyCo to the Constellation ecosystem with the launch of the $JCO token. Constellation’s ecosystem supports partners who work to evolve the healthcare data industry with innovative Web3 solutions.
With its $JCO token launch on Lattice Gateway, JennyCo joins the elite group of companies revolutionizing their industries with the support of Constellation’s Hypergraph. JennyCo is changing the way healthcare data is managed, empowering individuals with ownership of their data and enabling users, large companies, and brands to share and access rich
Insights — with all groups benefiting economically.
Staking on Lattice Gateway begins Tuesday, October 4th, at 16:00 UTC and ends Monday, October 11th, at 16:00 UTC.
ABOUT JENNYCO:
Every second, an exponential amount of healthcare data is generated and mined for valuable insights. Today, approximately 30% of the world’s data volume is generated by the healthcare industry, and the gathering and mining of user-base healthcare and demographic data is a big business (worth $80 Billion by 2030, with a 19% CAGR).
A user generates an enormous amount of data at an individual level, and experts are slowly discovering how different, esoteric datasets can be indicators of our health. At JennyCo, this vast trove of user data is called “Human Data Markers (HDM).”
Pooling all this data turns it into a valuable commodity. Many other businesses in many
economic sectors (e.g., Pharma, Tech, Nutrition/Food, Cosmetics, Insurance) are willing to pay for the insights they can glean from such collections to guide their investments in their sector, for example, or more precisely tailor an advertising campaign, promote a new drug, recommend a new food product, or personalize cosmetics and/or insurance offerings.
In all cases, the individual data contributor receives no economic benefit for their data.
JennyCo enables expanded personal property rights online; and is a place where sellers and buyers can store, explore and procure using a universal portal and wallet. The company is, in-part, a healthcare data node on the mobile edge network implementing precision public health with a true immersive experience.
Blockchain technology is the perfect use-case for HDM and distribution. As oil once was, JennyCo believes that data is the most valuable commodity of the current era. Through JennyCo’s DAO treasury, contributors will be rewarded for outcome data, positive behaviors, and helping with the common good.
The future of health and wellness is more about preventing disease than treating it. Users deserve to be compensated for the value they create with the data they own.
The JennyCo DAO will provide the benefits of decentralized networks: privacy. security, diversity, and HIPAA/CDPR Compliance, DeFi and rewards to the first programmatic DAO healthcare data utilization and outcome exchange. Our vision will allow for a cheaper, privacy intact and more efficient ecosystem, where all participants, including data contributors, stand to gain by working together to create a fair value exchange for healthcare outcome data and information.
To find out more, visit https://www.jennyco.co
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