🔮 The new Cudis smart ring, developed by BeatBit Wellness Lab and powered by the Solana blockchain, allows users to monetize their anonymous health-related data. The data is encrypted and anonymously stored on the InterPlanetary File System (IPFS) after indexing on the Solana blockchain. This allows the creation of artificial intelligence modules to generate personalized health advice.

Cudis CEO Edison Chen says the device's goal is to focus on users. “We encourage people to take control of their own health data.”

The first 10,000 rings are expected to be released in the second quarter of 2024.