The revolutionary new company Heartbit offers unparalleled ECG monitoring through Blockchain technology and Artificial Intelligence, allowing us to paint a much more accurate and comprehensive picture of the heart in rest, recovery or physical activity than ever before.
— HeartBit (@theheartbit) August 1, 2018
As most heart diseases only show symptoms under certain conditions, this new blockchain-based innovation is a true game-changer that will save countless lives. During routine medical procedures, irregularities in their ECG would not show, because the conditions that cause the irregularities to occur aren’t present when current standard tests are done.
HeartBit introduces a groundbreaking 3D-Bipolar ECG System integrated into a futuristic-looking custom training garment, designed to fit the contours of the body. This allows the system to measure ECG data from a 3 lead system with 4 different electrodes. Through mathematical transformation possible through a bespoke algorithm, the Heartbit system can provide users or medical staff with superior data accuracy on a completely different level to what was known previously.
HeartBit’s measurements provide up to 6,000 data points per second in total compared to competing devices that are typically able to measure only one or two data points per second. HeartBit Fitness also contains a risk-analysis algorithm, which is capable of diagnosing ischemia, arrhythmia, vtac, afib and other medical conditions with unparalleled accuracy, allowing earlier interventions into heart problems that improve the chances of returning to full health. It is capable of providing real time data to the user about the likelihood of sudden cardiac arrests and any given time.
Likewise, the HeartBit wearable device is equipped with a unique environmental sensor that is
able to detect the ten most dangerous gasses within the radius of the user’s city – especially useful in modern day metropolises that are experiencing unprecedented air pollution levels. This feature provides valuable information and insight into what times of the day, locations and weather conditions are best suited for the user’s workout, and can cross-reference personal and environmental data in order to give a broad picture of an individual’s health situation.
Health industry spending will average an annual rise of 5.5% from 2017 to 2026, reaching a projected whopping $5.7 trillion by 2026. This will comprise almost 20% of the US economy, up from 17.9% in 2016. Attention will turn towards cutting-edge technology solutions that can prevent illness and prolong a healthy life. I believe this will create a huge demand for HeartBit, and its price will see a huge spike similar to bitcoin around 2015-16 – exciting times indeed for everyone who is passionate about the project.
The market for personal trainers and other bespoke fitness solutions has also hit the roof in recent years, and what could be more appealing to fitness training professionals than a device that can offer them greater insight into a client’s personal situation. This invaluable data can then be used to plot a course of action to improve their client’s health in a bespoke way, and possibly even save them from looming cardiac problems by intervening.
The HeartBit token, or HBIT, acts as the sole source of transactional utility within the entire HeartBit network. The HBIT supply will decrease with time to 50% of its max supply, as 10% of tokens gained from premium subscriptions are burnt. Once HBIT reaches 50% of maximum supply, the burn stops.
Supporters can earn HBIT by donating to access the HeartBit rewards program to receive personal, bespoke consultations with industry professionals and to receive custom dietary and exercise routines that correlate with HeartBit data. Users will also be incentivised to use HBIT tokens when purchasing HeartBit products and services, as users donating with HBIT will be able to redeem select special discounts. This creates a strong market for its internal currency, with a high potential for serious growth after the initial ICO period in my view.
Aside from the obvious benefits to people who suffer from cardiac irregularities and other issues, the Heart Bit system will attract fitness-lovers and athletes as much as those facing issues. Accurate data plays a big part in Goal Setting Theory, coined by Latham and Locke in 1979: as an athlete seeks to perform to a higher level, the goals used to plan and achieve that target need to increase in specificity. This means that for users who reach a certain milestone in their activity while using current devices, the motivation to commit to further goals is violated once this inaccurate data finally comes to the surface. To reach that next level, approximate data will never be enough.
Put simply, to achieve world-class athletic performance, you need world class performance data. Everyday ECG devices won’t enable you to before the next Mo Farah; you next to embrace the future and get HeartBit.