New Zealand tech company debuts world’s first blockchain fitness band that promotes a healthier lifestyle

Technology company InfinitePay Limited has combined blockchain programming with wearable technology to help more people lead healthier lives.

New Zealand - September 9, 2019 /MarketersMedia/ —

Reportedly the world’s first blockchain-powered fitness band, the InfiniteBand is a data tracker and lifestyle band that monitors vital information for the everyday user, such as calories burnt, steps taken, heartrate and blood pressure.

With its accompanying fitness app, the InfiniteBand also offers something novel - an exclusive ‘Burn to Earn’ wellness programme powered by blockchain technology, which will help to ease users into the world of blockchain.

According to Mr Tom Wills, chief executive officer of InfinitePay Limited, the InfiniteBand is “a sleek fitness and lifestyle assistant that maximises productivity and enhances health while rewarding users for doing so.”

The Burn to Earn philosophy is simple: Burn calories to earn rewards. Participants can download the free InfiniteBand app and immediately start earning with the Burn to Earn Programme after pairing their InfiniteBand. Every successful completion of a Burn to Earn challenge will reward users with fitness credits and these may be used to redeem products and services from participating platforms and merchants

The InfiniteBand, the Burn to Earn programme and the fitness credits are the building blocks of a larger blockchain ecosystem envisioned by InfinitePay Limited, a technology company headquartered in Auckland, New Zealand. The company aims to be an autonomous and self-sustaining value exchange platform that can spearhead adoption of blockchain technology through everyday products and services.

“For InfinitePay Limited, the InfiniteBand and Burn to Earn programme represent more than just sales and revenue. In particular, our latest brainchild, InfiniteBand, is the first step to easing the world into a new digital era of blockchain adoption. By integrating this nascent technology into familiar everyday gadgets, InfinitePay Limited hopes to gradually guide the world to adopt blockchain technology, in the same way that Web 2.0 transformed the world before.”

“And finally, for the blockchain community, this is a big step towards mass adoption. Disruptive as the technology may be, it need not necessarily throw the world into confusion. We are excited to see how InfiniteBand, powered by blockchain, is received by the general public. If it is well-received, we know we have succeeded in taking our first step to making blockchain accessible to the masses.”

Issued by Marketing & Communications, InfinitePay Limited

For more information, please contact:
Cheryl Lim
Marketing & Communications Lead
E-mail: marketing@infinitepay.net

About InfinitePay Limited
InfinitePay Limited is a technology company headquartered in Auckland, New Zealand. The company explores and employs cutting-edge technology to reach their goal of rapid application and diffusion of innovations that cause significant change in society. Established to make emergent technologies ubiquitous to advance the quality of living on a global scale, the company envisions a vibrant world that can leave everyday burdens to technology. The suite of InfinitePay Limited products can be found at http://ifr.life.

For more information, please visit InfinitePay Limited’s website at http://infinitepay.net .

Contact Info:
Name: Cheryl Lim
Email: Send Email
Organization: Marketing & Communications, InfinitePay Limited
Website: http://infinitepay.net

Source URL: https://marketersmedia.com/new-zealand-tech-company-debuts-worlds-first-blockchain-fitness-band-that-promotes-a-healthier-lifestyle/88916676

Source: MarketersMedia

Release ID: 88916676

More News From Asean Coverage

Haze from Indonesian fires now affecting Philippines

Sep 22, 2019

MANILA, Philippines — Haze blown by monsoon winds from fires in Indonesia has begun affecting some areas of the Philippines and raised concerns about aviation safety and possible health risks, an official said Friday. Landrico Dalida Jr., the deputy administrator of the Philippine Atmospheric, Geophysical and Astronomical Services Administration, said light to moderate haze was covering the southern city of Zamboanga, the central cities of Cebu and Dumaguete and the western province of Palawan. Authorities were verifying other areas that might also be affected, he said. "It's visible, meaning there are particles that are really coming from those areas in...

Indonesia's president delays vote on new criminal code

Sep 22, 2019

JAKARTA, Indonesia — Indonesia's president urged lawmakers on Friday to delay a vote on a proposed new criminal code amid mounting criticism of the bill, which opponents say threatens democracy and discriminates against minorities. Updating Indonesia's criminal code, a legacy of the Dutch colonial era, has taken more than two decades. A parliamentary task force finalized the 628-article bill on Sept. 15 and lawmakers are slated to vote on it on Sept. 24. President Joko Widodo said he made the decision after considering public concerns. He said the bill should not be decided on by members of the current House...

Japan central bank stands pat after Fed rate cut

Sep 22, 2019

TOKYO — Japan's central bank opted Thursday to keep its monetary policy unchanged despite the growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate. The Bank of Japan said in its policy statement that exports, industrial output and business sentiment had been affected by the slowdown in overseas markets. The China-U.S. tariff war has pummeled Japan's exports. But the BOJ said strong corporate profits were supporting business investment. The Federal Reserve reduced its key short-term rate — which influences many consumer and business loans — by a quarter-point to a range of 1.75%-2% on Wednesday....

Filipino coast guard men convicted in Taiwan fisherman death

Sep 22, 2019

MANILA, Philippines — A Philippine court found eight Filipino coast guard personnel guilty Wednesday of conspiring to shoot and kill a Taiwanese fisherman in a 2013 incident at sea that strained ties between the neighboring nations. Manila Regional Trial Court Judge Eduardo Ramon Reyes said in a decision that the coast guard men failed to prove that their action of opening fire on the Taiwanese boat that killed Hong Shi Cheng on May 9, 2013, off the northern Philippines was legally justified. The coast guard men, who remain free on bail, will appeal. Reyes said in his 32-page decision that...

Stocks mixed, oil down as markets await news on Saudi plant

Sep 22, 2019

BANGKOK — World shares were mixed on Tuesday and oil prices eased back pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an attack over the weekend. Chinese benchmarks led declines in Asia after the credit ratings agency Moody's downgraded Hong Kong, citing its recent political turmoil. Germany's DAX lost 0.2% to 12,362 after the ZEW index showed a drop in investor confidence in current economic conditions, pointing to the possibility of a brief recession, but sees a pick-up later in the year. The CAC 40 in Paris added 0.1% to 5,607 and the FTSE...