What is Vyvo Smart Chain?
Say hello to the Vyvo Smart Chain (VSC Network), the planet’s first heartbeat-powered blockchain. Imagine a system that not only respects your health data but also rewards you for maintaining a healthy lifestyle. That’s right! The VSC Foundation has launched a HealthFi ecosystem designed to put the control back into your hands—yes, your hands!
A New Type of Economy
This isn’t just another tech jargon mess; Vyvo Smart Chain is forging a new digital sharing economy. Users can monetize their most precious asset—their health data. That’s right, folks! Gone are the days when big corporations profit from your data while you get left in the dust. With VSC, it’s all about transparency and ownership.
Understanding Vyvo Coin
In the realm of Vyvo Smart Chain lies its native currency, Vyvo Coin (VSC). Think of it as the golden ticket (or coin, in this case) that allows you to join the HealthFi party. With an initial circulation of 10,000,000,000 VSC coins, various allocations ensure that both individual users and investors benefit. Here’s how it breaks down:
- 50% for Staking and Mining Rewards
- 15% for Investors
- 12.5% for the Treasury
- 10% for Ecosystem Funding
- 5% for Team
- 5% for Community Private Sales
- 2.5% for Grant Funding
Yearly Minting and Halving Schedule
Just like aging wine, the issuance of VSC will follow an annual minting and halving schedule. The idea is to keep the economy healthy and sustainable—a win-win!
Core Goals of Vyvo Smart Chain
What’s Vyvo Smart Chain really gunning for? Here’s the rundown:
- Data Ownership: No more corporate fat cats! Vyvo champions personal data ownership!
- Data Privacy: Securing your info with blockchain technology. Because who doesn’t love a little anonymity?
- Data Integrity: Researchers need credible data, and Vyvo makes it as easy as pie to get the good stuff.
- Rewarding Contributions: The more you share, the more you earn! It’s like being rewarded for being a good citizen of the digital world.
How Vyvo Smart Chain Works
The VSC Network HealthFi ecosystem functions on a hybrid consensus protocol—combining Proof of Stake (PoS) with the innovative Proof-of-Sensing (PoSe). This double act ensures that health data comes from real people via real biosensors. All you need is a Data-NFT linked to your wearable device, and voilà! You’re in business to monetize your health data.
Protection Comes First
Your data’s safety is paramount. The proprietary VSC-PoSe chip handles the verification of collected health data and encrypts it on the fly. Only anonymized data gets shared with researchers and healthcare institutions.
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