Blockchain-based platforms team up to provide a safe and trustedecosystem of health insurance, certified goods, and wellness services for theelderly

SINGAPORE - Media OutReach - October 18, 2018 - Walimai, the safe-product retail channel that utilizes the WaBi token, has announced its strategicpartnership and ecosystem integration with HiNounou, a connectedhealthcare and intelligent data platform. The partnership is set to providemillions of Chinese senior citizens with access to safe, trusted goods andservices, including insurance and health products.

The partnership merges the respective ecosystems of both parties, allowing participants of either service to use their loyalty tokens on both platforms. It also allows for Walimai cross-promotion on the HiNounou service, which targets one of Walimai's key demographics -- senior citizens. Powered by AI, IoT, blockchain, and genomics, HiNounou's platform and ecosystem features leading insurers AXA and Ping An, who are offering their first dedicated 'insurance as a service' products for Chinese senior citizens.

Current data indicates China has 1.3 billion citizens over 60, equal to 17 percent of the world's total population. According to state projections by China's Office of the National Working Commission on Aging, more than 25 percent of the population will be over 60 by 2030. China faces an enormous challenge in sustaining the provision of healthcare, pensions, and viable insurance, against the background of national productivity concerns and a variety of social and welfare-related issues.

The Walimai-HiNounou alliance creates a unique, safe, and trusted environment, which gives seniors the opportunity to access a rich ecosystem of trusted services tailored to them, ensuring a healthier and more active daily life.

"Our Walimai partnership is another important step in creating an integrated ecosystem of products and services focused on the well-being of seniors at home to live longer, healthier, and happier," said  Charles Bark, CEO, HiNounou. "The partnership creates cross-ecosystem interactivity for the WaBi and HiNounou tokens, enabling seniors to seamlessly transact across an extensive range of trusted products and services."

"By linking WaBi in the HiNounou ecosystem, we can provide our selection of verifiably authentic imported goods to one of our main target consumer groups, and help improve their health," said Alexander Busarov, CEO, Walimai and WaBi. "This is hugely empowering for the elderly. We provide easy access to products and services, stimulating both the mind and body, across a variety of activities and interests, allowing seniors to stay engaged in society and lead more rewarding lives."

The WaBi token can be used to acquire products and services on the HiNounou platformm, customized to the needs of seniors, such as insurance, supplements, nutritious foods, wellness classes, and more. HiNounou users will also be able to use the HiNounou token to make purchases through the Walimai safe product retail channel.

Walimai's anti-counterfeiting technology and blockchain-based data platform ensure goods are safe and authentic, while customer data is kept secure, which helps limit fraudulent activity and reduce seniors' exposure to unwanted risks. HiNounou leverages high-tech robotics and healthcare applications to improve the quality of life for seniors, potentially extending the working life of many elderly citizens. 

HiNounouhas risen to be one of the most promising companies in the healthcare industry.Recognized for its innovation by major names such as Bayerand Intel,HiNounou technology has been showcased at events worldwide (including CES ASIA2018 and European Economic Congress), had its CEO and founder Charles Barknamed oneof France's top 3 AI entrepreneurs in China by President Emmanuel Macron,and struck partnerships with major industry names such as ZTE, AXA, and Ping An.

AboutWaBi and Walimai

WaBi is a token used as a loyalty point in the Walimairetail channel for safe products. Each product in the retail channel isprotected with an NFC/RFID label with banking-level security and can be scannedby consumers to verify authenticity. This act rewards them with WaBi, which canbe used for purchases. The safe products protected by the labels are availablefor purchase in multiple stores throughout Mainland China. In December of 2017,WaBi raised 11.5 million USD in funds to grow their retail channel. The retailchannel has been growing exponentially, adding new products to the portfolioand striking partnerships with the likes of Network Foods Australia and OneZoneCommunications. Wabi has been covered by BBC, Reuters, CNET, Business Insider,and more.

More information onWaBi and Walimai can be found here: https://bit.ly/2QFs0aM

WaBi is available onBinance: https://bit.ly/2M48kf2