hello thank you for joining us on another edition of expert talks my name is sage for kalkine media
and today's guest is axel schumacher he is the ceo at hlth.network and he'll be sharing with us some
insights about running his company especially in the age where health has become of utmost
importance to us here and he's going to share how technology can help us to achieve our health
goals bringing on the show today axel schumacher ceo at hlth.network welcome to the show excel
yeah thank you for having me on the show it's an absolute pleasure and we're so glad that you could
join us today from the other side of the world it's always so much fun to speak to people in
different geographies yes it is no i'm coming from to you from good old munich in germany wow amazing
what technology can do for us so the hlth network also consists of the first run to earn crypto
mobile app that sounds very exciting hlth run a genomics non-fungible token or nft marketplace
for genetic and healthcare data could you please talk us through this fantastic innovation and the
functioning of hlth absolutely so let's just call it health run so it's a little bit easier
and it's obviously it's a mobile app embedded in a larger healthcare ecosystem but let me focus first
on the app itself it's what is what we call a move to earn app so the idea behind is that you are
getting uh incentivized to move to go run to just do whatever you want to do more of it and in
turn for your efforts you are getting cryptocurrency and that's the health token
which is the major part of our health ecosystem of the whole network so first of all of course
the app is designed to incentivize people to move and especially in areas of the world where people
do not have access to modern technology to help them stay healthy it is of utmost importance to
have any help you can get to stay healthy like we have this massive problems with diabetes and other
usually western style diseases that just are simply caused because people
sit all day on our chairs and not doing anything and it's a massive problem and um we know from
psychology like people need incentives to do this so one incentive of course is the uh providing
some rewards some benefits like cryptocurrency but it's also it needs to be fun like if it's not fun
why would you really do it usually not yeah it's just say ah come let's go so we um
we added some gamification elements to that and we are just of course at the very beginning of it
but the whole idea is that not only you can earn cryptocurrency but you can also have and
work and build out so-called non-fungible tokens or like nfts on our app uh this could be avatars
this could be like athlete um kind of avatars that develop and evolve over time and again incentivize
people to do something for themselves at the same time we can work with charities let's say
you could then choose say okay i don't care really so much about earning crypto
with uh using this app but i want to do something good and i give all the crypto i earn via this app
to a charity and since we are the health network of course we uh we're aiming at working with
a lot of charities that are in the vertical of healthcare this can be anything from child cancer
treatments to diabetes treatment or research or charities that support of course patients
that's fantastic yes you're so right the impact projects are really making waves with a lot of
people jumping on the charity nfts um but it's so true everyone is looking for a way to keep their
focus on their health and wearables and things like that are becoming much more more popular
with medtech's advancement it's great to hear that you are trying to get people more aware of
their fitness excel in your opinion what's the significance of apps like h l th or health run
in the present day well it's it's really the start of a massive transformation in the
global healthcare ecosystem everything will be digital in the coming years
and everything will be tokenized meaning that whenever there is healthcare data
this could be anything from your own genetic data it could be your medical records
or the data that you save from your wearables your your watch or your on your phone all of
this data will be tokenized which means it can be attached through smart contracts on the blockchain
ecosystem and this is what we are building and health run is just one part of this massive
global tokenized ecosystem so it gives an entry point for just normal people to be part of this
new metaverse digital health ecosystem and we are really at the very early beginnings of this
massive movement and revolutionizing um error in health care so what we will see is that people
get empowered so they have more incentives to do something for their own health
and they get suddenly access to a completely new world of products and services that were
previously not accessible to them especially in areas of the world where precision medicine or
modern medicine is not really widespread that's why we are also aiming at uh
covering for example the indian subcontinent we want to be very strong in africa so not only in
the classical areas where where good healthcare is already available like in australia or in europe
or the us so it's really important to provide more than precision medicine to everyone on the
planet to be really inclusive and i think with healthrun we're doing the very first step into
this area because everyone has a mobile phone and it gives suddenly people really access to
all kinds of digital content like we have also a digital different media site
we will provide a healthcare shop that contains products that people can obtain by
exchanging it for the tokens they earned during
our ecosystem would provide also services this could be anything from
the test of your microbiome or your genetic test to see if you have any predispositions
and that in turn you can then use this data obtained to live a healthier longer life
so we will also enter a completely new world of research and longevity
i'm sure that all the people that go together with us that they can live longer and healthier
that is a brilliant mission that you're on and yes data definitely has taken a new turned over
a new leaf it's become so much more valuable um in the last 10 or so years and i think
with this emergence of web3 users and content creators and people in general are becoming
more in control of their own data instead of the big texts um having control of it so your app and
your um crypto protocol sounds very interesting do you think it'll ever emerge into the space of
you selling on the data to medical businesses who are looking for people for
medical research and things like that well we are not directly selling data ourselves
but we are giving users the opportunity to do exactly that that means we empower people to
really own their own data and be the the master of their own data and this is so important in the
digital world because usually people have no idea where their data sits or who has
the power over their data it usually resides with large companies like facebook google or
whatever you can amazon and they pretty much do whatever they want with that with this data
but we are now providing the first opportunity for people to really
have a say in this so they know exactly where data sits and what can be done so what we did in the
beginning when we started the health network we built what we call a genetic data marketplace
where we give the opportunity for people to share their data for example with researchers or
with the pharma industry or with their doctors or family members and at the same time give them the
option if they want to to monetize this process um i'll give you an example let's say you are
a patient you have for example you suffer from diabetes and you want to participate in
a diabetes research project then you have the option to share your data in a secure way in
an anonymized way without exposing your identity to the researcher and you can can get paid by it
so this is also where the we have an entry point in our mobile apps because it taps into a larger
healthcare ecosystem of research of data analytics and really of a global empowerment of people
a new precision medicine era and what we do at the same time and this is we are really
excited about excited about this is we can break down data science all across the world research
data healthcare data is spread all across the planet it sits on thousands and literally almost
millions of databases or on your mobile phone on your laptop at your doctor's laptop and we
can bring all of this data together and the health run app is only one way to go into this direction
so according to you axel how will technology help the healthcare vertical in the coming months
well we are just at a very crucial point in time because everything in the digital health vertical
will explode in the coming months and years it's we're really at the very early beginnings
and companies organizations have come to need to come together to really build a new infrastructure
for healthcare in the digital space most countries are not yet up to it so it's up to usually like
always to to private uh organizations like ours like the health network to
move the whole field forward but again like we are very inclusive like that's why we called it
the health network it's not just something that a bunch of crazy scientists put together it's
we are aiming at really building a network of organizations of companies of startups
that are very innovative of established pharma companies government insurances and of course of
7.6 billion people on the planet that can really participate work together in one digital space in
one metaverse and moving healthcare and drug development and precision medicine forward
and in the end we all will benefit from it we will live longer we will live healthier
we can really prevent disease this is a major impact that we will see
we use data we need to understand ourselves better and we are all different you are different than me
like we have different genetics we have different epigenetics however how our genes are regulated
and we can use all of this information to really have a healthier future for all of us
it's so great that um building a community around healthcare can really help to
fight diseases and just like cybercrime a global network needs to come together and collaborate
to work out the solution so this sounds like a really fascinating project and i think before
computer code there's actually dna code we have so much code in our own systems so it's lovely
seeing the space intersect and really keen to hear more about what you have to say now you mentioned
uh you might be starting shops i've heard of some mobile pharmacies doing really well in america
um could you please tell us a little bit more about what makes healthcare systems cheaper faster
fairer more efficient do you see this venture uh sort of evolving into a pharmacy as well
not necessarily into pharmacy like we can only do so much but as mentioned like we are providing
a space where service providers or product survivor providers can come together and exchange
businesses meaning if a pharmacy wants to come and join our ecosystem our network they can do so and
offer their services to our users of our mobile app and of our wider health network and this can
be anything this can be of course not only the pharmaceuticals this can be a genetic counseling
this can be tailor health speaking with doctors around the planet um diving really into a new
metaverse in a digital metaverse where people can get medical advice without the need to leave their
home and for a lot of people this is extremely important and the medical medical field really
recognizes this now but again like we have at very early stages and um we are providing really
only the the backbone so the we call it the base layer of a new tokenized and digital healthcare
ecosystem like by providing a data marketplace for people to share their data by a data analytics
marketplace to provide the algorithms to that help us to understand how we can age healthier
and then we can bring everything together like this all the healthcare services the products if
it's nutraceuticals that are tailored to your specific needs everything can be incorporated
in this massive global healthcare ecosystem so we really have to work on breaking down not only the
data silos but also breaking down the healthcare ecosystems and exchange data and services and this
can go between countries and between individuals that previously had no access to each other well
it sounds great that you're giving people an incentive to get up move their bodies because a
lot of us like you said at the beginning are just becoming more lethargic more sedentary and not
getting into life as much as we should so we're reaching the end of the discussion your insights
have been fabulous lastly what are your objectives for health run for the rest of 2022 please
we want to bring it of course to the world we are first targeting the the indian subcontinent you
want to really have many millions of users on our app and help really in the end hundreds of
millions of people to live healthier and enjoy more of their life because being fit this is
it just changes your life and this is of course our main goal like bring enjoyment to the people
fitness health and if you can achieve that we are happy exactly and the best thing about
crypto is you don't really need to know how to build it to use it and hopefully earn some
liquidity along the way as well exactly yeah thank you so much for your time today axel we
really appreciate your insights did you have any closing comments before we finish the discussion
yeah absolutely so i can only recommend everyone to check out our healthrun app like find it in
the in the google or in the an apple store and again like we have at the very early beginnings
and the mobile app will evolve to something really great over time and it's a very exciting
time and i can only recommend everyone to be part of it and accompany us on our journey
yes it sounds wonderful thank you so much again for joining us on expert talks
thank you and if you just joined us we had a very interesting discussion with axel schumacher ceo
of health.network and if you missed any part of the chat you can catch the full interview
at kalkine media youtube channel so please do subscribe for more of these
live expert talks and reminding you to stay apprised and invest wise with kalkine media