Web3’s Oura Ring Lets You Go ‘Full Rose’ With Your Health Data

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You understand that scene on the finish of Titanic?

The one the place outdated Rose drops the ‘The Coronary heart of the Ocean’ diamond necklace into the ocean, inflicting it to be misplaced endlessly?

That is like that, however in your well being knowledge.

Confused? Let’s begin right here…

One of many largest promoting factors of Web3 know-how is that it will increase your particular person monetary autonomy.

(You may retailer massive sums of cash on a USB as an alternative of a checking account, and transact anonymously by way of a crypto pockets, as an alternative of doxed by way of a debit card).

Now, the oldsters over at BeatBit Wellness Lab are trying to increase a consumer’s particular person autonomy past simply their funds.

Right here’s what they’re as much as:

BeatBit have created the ‘Cudis’ ring, which is basically the Web3 model of an Oura Ring (suppose: the well being options of an Apple Watch, however the gadget is worn in your finger).

The purpose of distinction right here is:

Your well being knowledge is encrypted and anonymously saved on IPFS (a decentralized file storage system) — that means solely you possibly can entry it.

…okay, cool. How does that relate to particular person autonomy?

It relates particularly to our particular person physique autonomy.

For instance: when Roe v. Wade was overturned within the US, well being trackings app obtained deleted en mass, trigger customers who lived in sure states feared these firms would possibly begin snitching on them to authorities.

And it’s not prefer it was an unfounded worry:

A fertility-tracking app generally known as Flo was taken to courtroom by the FTC in 2021 for sharing consumer knowledge with Fb, Google, and others.

However even when these apps weren’t willingly sharing consumer knowledge, and as an alternative had privateness insurance policies in place — that ain’t a repair!

With sufficient authorized strain, these insurance policies will be damaged.

So right here’s how the ‘Web3 escape hatch’ works:

The one option to entry/observe well being knowledge utilizing BeatBit’s know-how is thru the app in your cellphone, which holds the encrypted key — aka: a extremely advanced “would take one million years to crack” password.

(And there’s no firm within the center that additionally occurs to have that key).

So when you delete the app out of your cellphone and destroy any recorded backup passwords, your well being knowledge is accessible to nobody, and gone endlessly.

Very similar to Rose’s diamond necklace.

Oh, and P.S:

In case you do need to ‘pull a Flo’ and promote your well being knowledge to 3rd events, you are able to do so fully anonymously.