Company attributes
Other attributes
Galvan is a Utah-based company developing technology using blockchain for the health and wellness industry. Its stated goal is to transform medical delivery by redefining the cost-benefit relationship between healthcare and healthy living.The company began in 2020 as a partnership between healthcare executives and blockchain experts.
In 2021, the company launched a telehealth and prescription discount service for its members. The telehealth service is available 24/7, and users can pay for doctor's visits using cryptocurrency. Services that are available on the telehealth platform include primary care, urgent care, and second opinions.
Members register for Galvan, and after the activation of the proof-of-action algorithm, they can receive digital rewards for engaging in healthy activities and supplying the biometrics from those activities. Galvan's rewards are called IZE; they are a blockchain digital reward native to the Galvan Ecosystem. Rewarded activities cover several aspects of a healthy lifestyle, including sleep, physical activity, and medical wellness. The IZE that members earn can be used to offset or pay for a member's subscription costs. Using the Galvan app, members can store their IZE rewards and other cryptocurrencies they hold.
Interested parties can purchase a Galvan Node license, which enables them to download and run a node on their personal Mac or Windows computer. Doing so allows the user to receive IZE rewards and NFTs. Nodes aid in growing the Galvan ecosystem and can be purchased as a full-node license and a lite-node license, each with different benefits.