Wearable health tracking devices continue to enjoy a widespread popularity. As the technology behind them continues to advance, it becomes difficult to pretend that it is just a passing fad. Nevertheless, this technology cannot be said to have truly matured just yet. Most such devices on the market are either insufficiently accurate to be fully effective or inaccessible to the average consumer.
There is always some room for improvement, but it is especially critical when it comes to our health. An aptly-named company called Wearable Health Plc. seeks to develop cutting edge, yet user-friendly electrocardiographic devices that will be made available to a wider demographic. On top of that, though, it wishes to build a blockchain-based data storage and sharing platform that would serve as both a community hub for its users and the centre of a broader medical ecosystem that should spur further advancements in the field of healthcare.
What will HeartBit do for you?
HeartBit's main offering is a medical-grade 3 bipolar-lead electrocardiographic system. It will be integrated with specially designed HeartBit sportswear (a line of fitness tops available in male and female versions, as well as in different colours and sizes). The system will use a special software solution to filter out extraneous noises while focusing on heart, muscle and relevant environmental input. It will monitor and evaluate this information in real time, processing up to 6,000 data points per second. Once the platform is fully developed, this information will be stored on HeartBit's blockchain. Although the system could be used at rest or while asleep, it is specially designed for monitoring the heart condition during physical exercise and other activities.
Users could access the data through a smartwatch, a mobile app or an online site. In addition to presenting their current and past heart performance stats, the app could also be used to develop, store and consult a custom training plan. Their overall training and cardiograhpic data will be displayed in a dashboard with analytics. Special machine learning-enhanced AI algorithms will analyze all available data for any irregularities and provide real time alerts and reminders to the customer as may become necessary. It will also provide access to HeartBit's Member Zone, a community platform that could be used to share data with other users. This data could also be offered to researchers in an anonymised format in exchange for HeartBit Token (HBIT) payments. HBIT could be used to subscribe to the platform for additional services (such as one-on-one consultations with trainers and specialists) and receive discounts when paying for HeartBit's products. Subscribers will become eligible for the platform's HBIT reward program. The Member Zone may also be used to organise events and challenges, such as races, and offer HBIT rewards for such activities. Finally, HBITs could be donated to a transparent reward pool.
HeartBit's running start
HeartBit should be able to tap into the enthusiasm for wearable technology, particularly for medical uses. Its focus on making its products versatile and user-friendly and adding value through a blockchain ecosystem should help in its widespread adoption. The company anticipates further uses such as presenting immutable cardio data records to medical insurance providers (and other enterprises that may have need for it) in order to get better rates. On top of that, Wearable Health hopes to include government organisations and charities in its ecosystem, allowing them to add their own HBIT reward programs to incentivise the adoption of this technology by specific demographics.
The project has such important partners as the Heart and Vascular Center of Semmelweis University in Hungary and IBM Watson, its AI and cybersecurity solution provider. Its lead developer and inventor, György Kozmann, is a distinguished professor at the University of Pannonia. Other developers are also PhDs in the fields of IT, engineering or health, with experience in designing this kind of devices.
Token sale details
The date of the HBIT ICO has not yet been announced.
Next level fitness technology
A project like HeartBit lives and dies by its technology. If it can prove that its technology is as good as it promises (and what it promises is a leap forward compared to most currently available devices of this type), finding customers and partners to round out its ecosystem should not be difficult. Consumers and medical specialists alike have shown a great demand for such advances. The idea of using blockchain technology for data storage and trust-free donations is sound, but not that groundbreaking by comparison. The value of the proposed ecosystem depends wholly on the use of Wearable Health's core products.
Currently, HeartBit's engagement efforts and social media activity leave something to be desired. In particular, more details about its token sale and its software and hardware would not go amiss. This is especially important in the light of various prominent scams in the field of medical innovation over the last few years. If the project is genuine, it cannot afford to let itself be tarred with that brush. If HeartBit could prove its ability to live up to its promises, its own future and that of healthcare innovation on the blockchain should be bright, as a project like this could be highly useful and popular and may indeed become the kernel of a much larger innovative ecosystem.
Links:
Website: https://theheartbit.com/
WhitePaper: https://clck.ru/EURn8
Telegram: https://t.me/heartbit_official
Facebook: https://www.facebook.com/Heartbit-177918886251324/
Twitter: https://twitter.com/theheartbit
Medium: https://medium.com/@Heartbit
ANN: https://bitcointalk.org/index.php?topic=690272.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Bounty0x username : the1arty
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.