About
Boltt
Founded in 2015, Boltt is
an end-to-end tech solution provider that improves users’ health by
incentivizing them with reward tokens, leveraging blockchain and health
gamification. Today, Boltt is considered one of the leading Mobile Health Tech
Companies in the field of wearable tech & gamified health apps.
Boltt initially developed
a mobile app to track health and fitness and then, a range of fitness wearables
including smart fitness trackers & advanced sensors covering all the
aspects of one’s health from activity, sleep to nutrition and fitness. Later,
Boltt started its research and development into launching the social health and
fitness gamification platform known as Boltt Platform that makes use of AI to
provide health-based coaching with exciting gamified challenges.
Boltt has bagged many
prestigious awards including the Frost & Sullivan Companies to Action
Award 2017 in the wearable technology category and has been featured in top
media & press publications. It has showcased its solution across reputed
tech platforms like Tech Crunch and CES.
BOLTT HEALTH REWARD ENGINE
Earn BolttCoins by just taking steps
no
computing power required!
Boltt enables earning
BolttCoins for simply taking steps including running, jogging or walking
outside or using a treadmill. Earned BolttCoins can be used to make purchases
at the Boltt marketplace or could simply be traded into other crypto currencies
or fiat currencies. Boltt’s platform is seamlessly connected to Boltt
wearables. Additionally, it allows integration with the most of smart
accessories and apps for sports and health and activity tracking such as
Fitbit, Google Fit, Apple Watch, Apple Health Kit, etc.
Data
collection process
The steps data of the
user can be collected via the Boltt Fitness Trackers or via the Phone’s inbuilt
sensors and accelerometers. If the user has a device, he/she can just connect
to the App via Bluetooth. The steps are tracked automatically through the day,
with details by the hour.
Data
verification & security
Boltt uses an AI based
step-counting algorithm to detect & authenticate data. The Boltt step
algorithm is in place to ensure that all BolttCoins are earned through hard
work and movement. If it was not this way, users could potentially cheat the
system by doing things like shaking their phone or using the App in a car etc.
Boltt algorithm checks and verifies data against all checkpoints to ensure
there are no cases of cheating. E.g. If the data matches a known pattern of
cheating like shaking the phone up & down to mimic steps, the values will
not be counted. This is a proprietary algorithm that uses certain operations at
the Boltt Backend to ensure all captured data is completely authentic
Going
beyond steps
Boltt has initially based
the Health Reward Engine & BolttCoin payout only on basis Steps. In the
near future, Boltt plans to include other health parameters such as activity,
fitness, sleep, nutrition, vital stats, medical records, genetic tests &
user past health history. Boltt uses all these data values to make a unique
Health Score. Health Score is an All in One tangible measure of one’s health.
Each data value in these sections result in the improvement of the Health
Score. It is calculated on a scale of 1-100. The higher the Health Score,
higher the reward payout. This symbolizes the importance of holistic health
advancement. It incentivizes users to improve all aspects of their health and
lifestyle. The Boltt Health Score is a Patent Pending technology that is an
accurate measurement of one’s personal health, soon to be accepted globally by
leading health institutions & insurance companies.
Smart
contracts
The logic and algorithms
governing the Boltt health reward engine & gratification are to be executed
via smart contracts and will be completely decentralized, ensuring highest
standards of data security.
BOLTT GAMIFICATION ENGINE
Types
of games available on the platform
Boltt coins can be used
to participate in Boltt Challenges, to bet against friends or compete against
the world in global “Play & Win” challenges. Types of challenges and games
elaborated below.
Decentralized tournaments:
Decentralized tournaments
can be set up and run by users who have BolttCoins. BolttCoins is the only
currency that can be used in tournaments. Tournaments can be a large event in
league or leader system. The idea is that every participant has to pay some
admission fee in BolttCoins to join while brand and corporate sponsors can
pitch in with special prizes too. People are able to view the tournament
in real time, speak in the chat, and support their favorite players.
Centralized tournaments:
Centralized gaming
tournaments can be organized by corporates, celebrities,
& brands on the platform to promote their cause. These
tournaments can be sponsored tournaments to encourage player participation in a
particular game and would consist of exciting prizes in BolttCoins or
otherwise. There will be an entry fee to join this challenge - after challenge
has started - % of users win coins.
Custom
challenges:
Users can create their
own challenges with custom rules. They can choose to go solo, invite
his/her friends, or join a group of challengers. A user decides the bet
amount and sends an invitation to friends.
Interactive map
based challenges:
Adventure Trails &
Digital Marathons - Boltt adventures is a series of immersive challenges
on the Boltt Platform that encourages users to get more daily activity by
virtually exploring scenic and iconic destinations. They are designed to
inspire and motivate users to move more and to virtually.
Challenges
creation process
The different types of
challenges explained above are created by a host of APIs and via the admin
panel at the back end.
Business
& corporate challenges
Business & Corporates
can either self-create challenge on the platform. Alternatively, Boltt can
create & host the challenge.
Ways
of engagement with community
There are many different
ways of engaging with the community via the challenges. It could be via chat,
gratification, prizes, broadcast messages, performance leaderboard &
rankings.
The chat option enables
the participants in the challenge to talk to each other via an inbuilt chat
option in the app. This helps users to engage with their friends and
colleagues. Gratification includes the prizes to be rewarded to the
winners of the challenge. This could either be in the form of sponsored prizes
by brands and corporates. Or it could be in the form of a winning pot in the form
of BolttCoins. All users have to participate with an entry fee of BolttCoins.
The winners have the pot distributed amongst themselves. The leaderboard
displays the performance of all participants in one dashboard. This
is of importance to the corporates, as the HR/management can view the
performance of their employees and help motivate them and encourage healthy
competition.
Smart
contracts
Boltt will use smart
contracts for all challenges & tournaments making it one of the very first
decentralized health gaming network. Smart Contracts will help ensure FAIR PLAY
by maintaining integrity of prize distribution, pot holding/circulation &
game end result logics.
Benefits
There are different
benefits for both the community and the businesses, by participating in or
hosting a challenge:
For Communities:
It is a gamified way to improve health. It incentivizes users to take more
steps and work towards the winning pot. It encourages a group & networking
effect where friends would like to call their friends to participate.
For Business:
It has “two in one” benefit of promoting health advancement and
increasing engagement with employees. For brands, it is also an important tool
to increase loyalty and retention.
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