Exiciting news about HealthCare

in #dxchain6 years ago

Today, we've reached a sweet spot for wearable devices. Companies are generating mass quantities of wearable technology, but the marketplace isn't oversaturated.

The healthcare sector will be among the top catalysts to


Accuracy will remain the top barrier to widespread adoption, as Manufacturers have to ensure that these devices transmit correct data so that users get accurate progress reports. And as always, privacy concerns are of the utmost importance.

Furthermore, smart watches will likely cannibalize a major Portion of demand for fitness trackers, as these devices perform many of the very same functions as fitness bands but take a host of additional features, also.

Will these devices really be transformative? Will the average consumer want to get a wearable device attached to them 24 hours a day to monitor all their activities? Will these devices need to be more fashion friendly, or even totally concealed? Will the authorities impose restrictive regulations on IoT devices?

Wearable electronics that customers can Display in their bodies have the capacity to transform the way we live. Devices from Fitbit and its peer companies enable people to monitor their health and exercise progress in previously impossible ways. And smart watches bring the power of smartphones directly to the wearer's wrist.

But IoT devices didn't just crop out from nowhere. This wearable technology can trace its origins back further than you may think, and the road ahead for wearable devices looks bright.

Nowadays, companies and engineers produce mass amounts of fresh Products in wearable IOT. However, a few of the products only get to the market of early adopters and can't make it cross the chasm and the bowling alley. A challenge for wearable IoT businesses is, the way to upgrade and turn around a product fast enough to reach the mainstream market.

Before that, the main challenge is to understand your market/segments. Are the mainstream consumers comfortable embracing the new technology in their daily lives yet? IoT is a quick growing industry however you companies will need to think about the demands of compatibilities with existing ecosystems for both software and hardware. Sometimes you've got a great product but you're too early for the market to adapt it. To conclude, companies should create products that are suitable for the market and compatible with the technology capability nowadays.

Wearables have a bright future and will have a Broad selection of applications over the coming decade, but there are numerous internal and external factors currently limiting their widespread consumer adoption. Wearable technology has the capacity to track not only what a worker is performing but also private health information. This gives rise to privacy problems because wearable technology can track information to which employers are not entitled. Furthermore, employers often use the data for performance management where performance is measured against an algorithm derived from data.

Humans, however, are not machines and attempts to quantify Performance against a chart or a formula does not capture the values of inspiration, aha moments and invention. The continuous measurement at work is the source of constant stress and burnout and could lead to a less productive workplace.

The privacy and safety issues are making it challenging to Scale any wearable technology. To cope up with these we need a solution that makes it possible to develop, scale and secure an IoT network. According to many IoT specialists, this can be addressed with the Blockchain technology.

Since the entire log of Information is encrypted and immutable it addresses the dangers of data theft and Manipulation that's common in other storage and transfer mechanisms. We haven’t actually seen any large-scale implementation of this idea yet, but this is a promising solution. In 2018 we see big data players such as Dxchain coming

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