HeartBit

Introduction

HeartBit utilizes a 3D-Bipolar ECG System integrated into our custom training garment. This means the system is able to measure ECG data from a 3 lead system with 4 electrodes. Through mathematical transformation possible through our custom algorithm, our system can provide users or medical staff with data accuracy equivalent to a 12 lead system. Cardiovascular Disorder (CVD) is the number one cause of death globally. Killing 17.7 million people every year. By 2030 the total global cost of this disease is set to rise from approximately US$863 billion in 2010 to a staggering US$1,044 billion over the coming years. HeartBit was created to help reduce the social and economic burden on the world created by CVD while providing a socially equitable solution to form habits that aid in proactive preventative care. Essentially, HeartBit helps to stop CVD from developing by incentivizing healthy behavior, and teaching people how to understand their body when its undergoing physical activities such as exercise. HeartBit is the world’s first device capable of physical Electrocardiogram (ECG) monitoring with a 3 bipolar-lead system integrated directly into a smart training top, and a wireless compact-measurement device that provides a clinical standard of heart analysis.

Our Solution: Welcome to HeartBit

HeartBit is the world’s first wireless medical grade ECG device that can be incorporated into everyday life. HeartBit is capable of monitoring ECG signals during sleep, rest, exercise, recovery and times of physical activity: to help users improve their health safely while avoiding cardiological risks. Although HeartBit is not a medical device, it provides advance warnings on severe risks and allows timely detection of the arrhythmia, atrial fibrillation, ischemia, and other potential anomalies. Additionally, the physical activity incentivized by HeartBit serves as a preventative measure against future health ailments and promotes an overall healthy lifestyle.

Features and Benefits

HeartBit utilizes the Artificial Intelligence and machine learning technology powered by IBM Watson, one of our strategic partners. By leveraging this technology, a HeartBit user’s device can determine what conditions define a users peak physical performance through the analysis of historical data and learning how their body reacts to physical activity under different circumstances. HeartBit Fitness takes measurements at a sampling rate up tp 2,000 Hz per electrode, providing up to 6,000 data points per second in total. In the current market, competing devices are able to measure only one or two data points per second. The combined hardware and software solution separates noise disturbance and valuable inputs from the heart, muscles, and the outside environment. 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 If you can’t measure your progress how will you evolve? The progress tracking feature is designed to help users reach their goals while keeping their safety in mind: whether they are trying to maintain a healthy lifestyle, lose weight, work towards a higher fitness goal, or train for an event. Health industry spending will average an annual rise of 5.5% from 2017 to 2026. At this rate, health spending is projected to reach $5.7 trillion by 2026. This will comprise 19.7% of the US economy, up from 17.9% in 2016. These statistics represent a reactive approach to health, as opposed to a proactive approach. All HeartBit users can join the HeartBit Rewards Program to track their health and improvement on the global leaderboard. Users with heart disease and increased risk of stroke can now be monitored with a simple wearable device that can constantly monitor electrical impulses between the heart and body. Coaches and Personal trainers can gain an advantage by monitoring their athletes’ workouts, allowing them to track progress with real data and metrics specific to their client. The pharmaceutical industry is responsible for spending billions in USD on prescription medication.

HeartBit teamed up with IBM

to build the back-end for its pioneering wearable ECG device, hosted on IBM Cloud virtual servers. The company selected IBM Cloud services due to the high level of security, global reach and easy access to a range of artificial intelligence (AI) and development tools.“In our view, cloud-based AI is the future, and IBM is leading the way,” says George Kozmann Jr.

Making every beat count

The solution will help users keep their cardiac health within the optimal range so that they can realize fitness goals faster without incurring any harm. It can draw attention to risk factors that signal cardiac events, providing a record of ECG data that can be shared with medical professionals.

Exercise is important

for an It tells you exactly where your heart rate is, so you can train in the most efficient way to achieve your goals. Many people heart rate zone train, and for a reason. This type of training helps them reach their top potential in the shortest amount of time possible.

Image source: HeartBit

HeartBit essentially

acts like a 3-lead 5-sensor ECG monitor that can detect signs of arrhythmia, atrial fibrillation and warn you of potential anomalies. The device allows users to keep their cardiac health in check so they can strive towards their fitness goals without incurring any harm.

HeartBit Heart Trackers Promise Extreme Accuracy

A new line of exercise smart clothing from HeartBit promises to track heart rate with medical-grade accuracy. Designed for use while exercising, the wearable fits into a training top, where it records the electrical signals of the beating heart.“Powered by IBM technology, HeartBit will help users get fit safely and effectively,” explains George Kozmann Jr. “

Tokenization & Token Generation Event Overview

The HeartBit token, or HBIT, is used as the only source of transactional utility within the entire HeartBit ecosystem. The HBIT supply will decrease with time to 50% of its max supply, as 10% of tokens gained from premium subscriptions are burnt. Once the HBIT token reaches 50% of max supply, the burn will stop. The demand for the HBIT token comes in multiple forms, including donating to access the HeartBit rewards program to receive one on one consultations with industry professionals and to receive custom dietary and exercise routines that correlate with the data collected by the device.

Token Utility

The HBIT token is a utility token, providing no dividends or voting rights: nor any form of passive profit or company representation. Purchasing the HBIT token is not an investment, but rather a purchase of a fully functional utility token designed for use on and with HeartBit products, services, and platform.

a.HeartBit utilizes the immutable and secure nature of blockchain technology to safely store sensitive medical data relevant to its customers and their fitness activity.

b.HeartBit offers a premium subscription to customers who want guidance in reaching their fitness goals.

c.Users can optionally donate HBIT within the HeartBit app to upcoming reward program pools.

d.Users can opt-in to anonymously share their health data with medical research companies.

e.Similar to the original intentions behind the advent of Bitcoin, providing banking to those without access to it: HeartBit mirrors this motive in the medical realm.

Notices Regulatory Risks

a. Regulatory status uncertain in Singapore

b. No regulatory supervision

c. No Judiciary duties owed

d. Uncertainties in tax characterization and tax treatment

e. Failure to obtain, maintain or renew licenses and permits

Token Risks

a. Tokens have no rights, attributes or functionalities or feature

b. Lack of development of the market for HeartBit Tokens

c. Risks related to speculative trading prices for HeartBit Tokens

d. HeartBit Tokens are non-refundable.

Blockchain Technology Risks

a. Blockchain delay risk

b. Blockchain congestion risk

c. Risk of software weaknesses

d. Risk of new technology

Third Party Risk

The tokenized nature of HeartBit Tokens means that they are a blockchain-based asset. The security, transferability, storage, and accessibility of blockchain assets depends on factors outside of HeartBit’s control, such as the security, stability, and suitability of the underlying blockchain, mining disruptions, and who has access to the private key of any wallet where HeartBit Tokens are stored.

https://www.linkedin.com/company/theheartbit/

“This article was created in exchange for a potential token reward through Bounty0x”