#Vyvo Smart Chain

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Vyvo Smart Chain Announces NFT Expansion For Apple Watch At Web Summit

An important update to Vyvo Smart Chain's (VSC) patented Data Non-Fungible Token (Data-NFT) has been made available, enabling connection with Apple Watch via the Apple HealthKit. VSC is a HealthFi ecosystem. This update represents a calculated step forward for the HealthFi industry by allowing users of the Apple Watch to actively engage in Data Mining and earn $VSC through the use of a Data-NFT.

VSC announced its expansion during the Web Summit's Growth Startup Program in Lisbon, highlighting its dedication to innovation and upending the health and wellness industry. The Growth Startup Program demonstrates VSC's commitment to developing its ecosystem by giving businesses access to crucial resources and assistance for quick company scaling.

Utilizing human biometrics that are gathered by sensors to create health data from wearable IoT devices is known as data mining on the Vyvo Smart Chain. By decentralizing control over data ownership, privacy, and the capacity to monetize their health data, VSC seeks to empower Data Owners.

Fabio Galdi, Co-Founder and CEO of VSC, highlighted the importance of this technological improvement to the patented Data-NFT and how it places VSC at the forefront of HealthFi. "Our goal has always been to use blockchain to expand the boundaries of technology," he said. This technological advancement for our exclusive Data-NFT opens up our environment to a whole new user base.

Read More - https://bit.ly/47E4ToL

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The second quarter of 2023 ended on June 30, 2023. VeChain has now published its financial report for that period. The total treasury is $311,363,588.15. This comprises holdings in stablecoins and cryptos like BTC, ETH, and VET. VeChain has said that this value in treasury is nothing but their strong commitment to effectively managing the resources that they have. Expenses were on the higher side, with a value of $19,503,661.12. Most of it was allocated to PR & marketing, the development of ecosystems, and legal, financial, and technology operations. Interestingly, the total value of holdings is higher than what it was on December 31, 2022, but less than the end of the first quarter of 2023. The value of stablecoins and cryptos has come down. In the overall sense, the value by the end of Q1-2023 was $380,412,300.26. It ended December at $275,561,329.42. Expenses have been majorly incurred for the PR & Marketing department. The amount comes to $12,102,635.26, paid in tokens and fiat currency. It is followed by Eco-Ops, where $3,754,185.71 has been spent, again in a combination of tokens and fiat currency. Moving forward, VeChain has said that it will remain committed to accelerating the adoption of blockchain and innovation. Meanwhile, the price of VET is showing a positive effect on the financial report. The token is available at $0.01683, an increase of 0.34% in the last 24 hours. VET price prediction estimates that the native token may eventually reach the mark of $0.051 by the end of this year. Alternatively, there is a possibility that the token may dance around $0.021 before entering the next year. Some notable developments in addition to financials are VORJ, SafeSwap, the Djokovic Foundation, and VeChain Events. The VORJ platform by VeChain makes Web3 as a service more accessible to businesses and developers. This broadens the scope of applications that are based on blockchain. SafeSwap enables the swapping of cross-chain tokens securely via decentralization. VeChain has partnered with leading blockchain firms for this. VeChain events refer to events where the team marked its participation. This includes technology workshops for developers, Consensus, and the ReFi Summit. One event that stands out is the partnership with the Djokovic Foundation. VeChain collaborated with the Foundation to help sell his Australian Open 2023 Finals racket. The idea was to raise funds for educational causes. This highlighted the commitment of VeChain to supporting charitable causes. VeChain published the financial report days after announcing a strategic partnership with Vyvo Smart Chain. This was a significant milestone for both since it showed that their visions align when it comes to delivering healthy and sustainable outcomes. VeChain has even called it a new era for healthcare. VeChain’s report for the third quarter of 2023, ending in September, is expected to come out soon. That will paint a better picture of how the year has gone for VeChain.

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Vyvo Smart Chain Selected For Web Summit's Startup Growth Program

Web Summit has chosen to support Vyvo Smart Chain (VSC), a HealthFi ecosystem that uses Web3 technologies to promote healthy living choices. This competitive program provides startups with tools and assistance to help them grow their businesses. The rationale behind VSC's selection is its remarkable track record of growth, creative goods, and knowledgeable staff. With the goal of taking entrepreneurs to new heights, the program provides access to Web Summit's worldwide network, mentorship, and exclusive events.

The CEO and co-founder of Vyvo Smart Chain, Fabio Galdi, expressed gratitude for the choice and acknowledged the chance to work with growth and innovation specialists throughout the world. Four months long, the Growth Program offers access to investors, clients, and mentors; it also offers customized events, one-on-one mentorship, and product development, marketing, and sales experience.

By leveraging the Growth Program, VSC intends to empower consumers to own their health data and grow its HealthFi ecosystem. The project supports VSC's view that people should own their health data and recognize its worth. Go to vyvo.com to learn more about the Vyvo Smart Chain.

Operating on Vyvo Smart Chain and backed by the VSC Foundation, Vyvo Smart Chain (VSC) is a purpose-chain in the HealthFi ecosystem. It prioritizes data privacy while using health data monetization to promote and reward healthy living choices. People's ownership of their health data and its intrinsic value are highlighted by VSC.

Read More - https://bit.ly/3QWGp4p