30s Summary

In the recent episode of “Hashing It Out”, host Elisha Owusu Akyaw discussed sustainable living using Web3 tech with Jake Campton from VeChain and Reffo Tse from Puffpaw. Campton spoke about VeChain’s move towards sustainability and tokenization of sustainable actions. Tse explained Puffpaw’s “vape-to-earn” model which rewards users for reducing nicotine intake. The discussion emphasized the potential of blockchain in promoting healthier lifestyle choices and suggested Web3 tech’s potential in reshaping the future of blockchain applications, especially in health and environmental sustainability.

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Hey folks, in the recent episode of the fun chat show “Hashing It Out”, our cool host Elisha Owusu Akyaw was deep in discussion with Jake Campton from VeChain and Reffo Tse from Puffpaw. They were super excited about the current trend of using Web3 tech for promoting healthier living and sustainable actions.

Deep dive into their chat, you would realize how blockchain’s decentralized tools can, in fact, use tokenized prizes to encourage us all to make positive lifestyle changes. Pretty neat, right?

Campton was especially vocal about how VeChain is switching gears from managing supply chains to focusing more on sustainability. Their platform VeBetterDAO was particularly interesting. Campton explained how it turns sustainable actions like recycling, using public transport or driving electric cars into tokens. The main idea? Get rid of the “sustainability tax”, which means that going green doesn’t mean having to shell out more cash.

Campton said, “Instead of making sustainability costly, we motivate people to take sustainable steps by rewarding them with tokens. Whether you recycle or take public transport, you’re not slapped with higher costs — instead, you’re rewarded.”

That basically means, blockchain can be a great tool to make eco-friendly choices accessible and also make economic sense.

Now, Tse brought in a fresh angle to the discussion. Puffpaw’s unique “vape-to-earn” model offers its users token-based rewards for cutting down their nicotine intake. They do this by tracking vaping habits through connected devices.

“The best part is that we can monitor the smoking activity. Based on that data, we use a system to help users lower their nicotine dosage.”

Smart, right? This clever combination of treating health issues and blockchain creates a system where users can quit smoking gradually and get rewarded too!

According to Tse, the fusion of hardware and blockchain in Puffpaw’s model shows how Web3 could be used to tackle real-world problems in a more data-centered and easy-to-use way.

Digging deeper into the potential of Web3 tech, the discussion also covered how it can reshape the future of blockchain applications, especially when it comes to health, education, and environmental sustainability. The tricky part would be designing Web3 products with successful incentive structures to maintain a balance between promotional incentives and goals.

And, if you’re curious to know more, check out the latest episode of Hashing It Out on Spotify, Apple Podcasts or TuneIn. For more awesome podcasts, head over to Cointelegraph’s Podcasts page. Stay tuned, folks!

Source: Cointelegraph