Patients and healthcare providers across the globe have come to the realization that depending solely on hospital systems will no longer be a viable option. Industry experts are of the opinion that ongoing advances in home healthcare devices and services will help alleviate the current pressure on the global healthcare system.
Technology has proven to be extremely critical to home healthcare. Current and upcoming advances in home healthcare technologies are not only designed for effective disease control but also encourage and enable individuals to live independently.
Technological interventions were complex and expensive in the past. However, growing need and demand for convenient and effective remote patient monitoring, development of new and innovative technologies, and availability of sufficient funding have led to increased accessibility to low-cost technologies and devices.
The new and affordable in-home gadgets are not just popular among geriatrics looking to age at home. The customer base has rapidly expanded to include new patient groups, such as those suffering from chronic illnesses, children, and diabetics. This is sure to pave the way for a brighter future for both patients and healthcare providers.
Growing Use of Biosensors to Monitor Geriatric Health
When it comes to home healthcare for the geriatric, there are several innovative technologies and gadgets that have been seamlessly integrated into the assisted living or senior living industry, or in what is more broadly referred to as geriatric care services. Speaking from a strictly medical perspective, recent technologies for monitoring the health of senior citizens include blood pressure monitoring devices, oxygen therapy devices, patient temperature management devices, and cardiac monitoring and cardiac rhythm management (CRM) devices.
An article by NBC News sheds light on the growing adoption of sensor technology in the U.S., especially for senior living. Allowing for improved estimation of a patient or individual’s metabolic state at a remote location, biosensors enable constant monitoring of those seniors who suffer from a number of different ailments but choose to live independently, out of hospitals and nursing homes. The NBC article discusses the use of such sophisticated sensors to track an elderly couple’s walking speed, heart rates, and even sleep patterns. This unobtrusive technology also sends alerts in case of emergencies, allowing timely intervention of family members or caregivers. Like several medical device companies, research organizations, and medical universities, ElderTech, Missouri, has been studying the significance of environmentally-embedded in-home sensor networks and their relevance in detecting health changes in older adults.
Development of Portable Digital Devices to Remotely Track Heart Conditions
As the medical devices industry undergoes a tectonic shift with the advent of telemedicine, the field of cardiology has also felt its ensuing benefits. Soaring incidence of cardiovascular disorders and the subsequent need for constant monitoring of outpatients have resulted in demand for cardiac monitoring and cardiac rhythm management (CRM). Home healthcare is a leading end user of these devices, with demand for ECG and cardiac monitors, Holter monitors, event monitors, and ILR (implantable loop recorder) continuously rising.
Interviewing the founders of Eko Devices, The New York Times talks about growing competition in the telemedicine business. Eko is one of the many cardiovascular care companies that has been capitalizing on the home healthcare industry.
In a recent development, the company developed a digital stethoscope specifically catering to cardiac patients at home. This innovative palm-sized device, called DUO, has the potential to alter the way heart patients are monitored. Combining electrocardiogram or EKG and electronic stethoscope in just one device, DUO provides unprecedented insight into cardiac functions. This includes tracking and quickly reviewing heart rhythms and sounds to enable advanced bedside analysis and, if required, remote care.
Need for Constant Glucose Monitoring Driving Demand for Diabetes Devices
With medical devices becoming increasingly interconnected thanks to rising penetration of the Internet, growing use of smartphones and a slew of other medical devices, and expanding hospital networks, detecting and managing diabetes at home has become not only convenient but rather effective. Today, there are a wide range of diabetes devices available, promising quick and accurate results. User-friendly designs of most devices and increasing awareness levels among the diabetic population across the globe has resulted in a rather massive market for self-monitoring devices to be used in home settings.
A recent research article sponsored and reviewed by Avantes BV – a prominent innovator in the development and application of miniature spectrometers, focuses on the need for non-invasive diabetes diagnosis and monitoring. In order to detect and treat diabetes before it gets out of hand, constant glucose monitoring and maintenance is crucial, and for the longest time, existing diagnostic standards and therapies were immensely invasive. Moreover, managing this disease out of hospital settings was extremely difficult. However, advanced medical sensing technologies have enabled easy and non-invasive blood glucose monitoring and diabetes testing. Latest innovations have also ensured convenient and user-friendly insulin self-administration devices.
Wearable technology has been one of the most prominent innovations to benefit and empower diabetics around the world. These devices have been allowing diabetics to take charge of their own health outside the doctor’s clinic and effectively manage the condition. Smartwatches, interestingly, have shown immense potential to enable needle-less glucose monitoring with time. Apple Inc. is reportedly working on developing sensors for monitoring of blood sugar levels, an advancement that could turn devices such as the Apple Watch into a means of monitoring important vitals. The aim is to develop sensors that can non-invasively and regularly monitor blood sugar levels to help diabetics treat the condition from the comfort of their homes.
An article in The New York Times recently shed light on the shrinking community of home health aides or personal care attendants in the U.S. According to Paul Osterman of the Sloan School of Management at the Massachusetts Institute of Technology, if the number of workers in this field of home healthcare continues to fall, the country will be faced with a shortage of around 350,000 paid care providers by 2040. This alarming fact makes the development of advanced remote patient monitoring devices even more crucial.
Keeping this need in mind, companies are looking to devise technologies that will, in a way, replace human service providers with digital home healthcare assistants. To put this into perspective, home health aides are now testing Amazon’s Echo platform as a home healthcare assistant. Researchers hope that the companion online app will be increasingly responsive to clients’ needs, keep family caregivers in the loop at all times, and effectively streamline alerts, reminders, and functions.
This opportunity is sure to capture the interest of tech giants such as Google, Apple, and Amazon, giving them an opportunity to emerge as trailblazers in home healthcare.
During a time when the internet has transformed the way we communicate, we see that lots of things can be lost in translation through technology. It is important to note that some means of effective communication can vary by the background and culture of the receiver. It is crucial to effectively communicate using the proper platforms.
The Telephone Contact
A telephone call provides a quick and inexpensive method of communicating with stakeholders. The telephone has some additional limitations. A person cannot see facial expressions, gestures, or posture, and therefore, must rely totally on the sound of our voice and the words we use. Plan in advance what you will say. It helps to use a written presentation plan as a guide during the first few seconds of the conversation. What you say is determined by the objectives stated at the beginning. An advantage of a telephone call is the option to take notes during a call without coming across rude or disrespectful. Be sure to reiterate what the other person has said to confirm you are on the same page and demonstrate you were actively listening.
The growing popularity of voice mail presents a challenge for business people. Many people are very busy, and will only return an unknown number if they know the call was important enough to leave a voicemail. It is important to anticipate voicemail and know exactly what to say if you reach a recording. The receiver’s perception of you is strongly based on what you say and voice quality. Provide a compelling reason for the person to call back and offer a valid item that would stimulate interest. The voice mail message should be similar to the opening statement you would make if you had a face-to-face contact with the prospect. Lastly, give your number slowly and completely. It’s usually best to repeat the number.
Many prospects and established customers like the convenience of email correspondence and prefer it as an alternative to telephone contact. But note that some people, or generation, find that an e-mail is far less personal and professional than a phone call. Be sure to know your audience before choosing a means of communications. When using email, your challenges is to make it easy for your correspondents to read and handle your e-mail. People who receive large amounts of e-mail may selectively choose which to read by scanning the subject lines and deleting those of no interest. Always use a meaningful, specific subject line. The e-mail message should clearly tell the reader what you want and then encourage a response. Identify the main point of your e-mail within the first or second paragraphs. Format the e-mail so it’s easy to read. This may require the use of headings to identify main elements of the memo. Finally, a use of a signature file- a typical file includes full name, title, affiliation, phone number, and in some cases a slogan.
The Conference Call
Conference calls can be boring, and difficult to follow but a necessary part of business. When many people participate in a call, it is easy for our minds to wander. Keep your statements short and ask for direct feedback frequently, rather than asking an open question to the whole group. It is also helpful to send out an agenda ahead of time and stick to it so everyone knows the purpose of the call, approximately how long it will last, and what they are expected to prepare before the call. Some company’s record calls for a variety of reasons, if you are on a call with people from other companies, make sure you let them know you are recording the call. Lastly, set limits on call duration. This is even more important than setting time limits for face-to-face meetings since the amount of energy lost in a call exceeds that of meetings. The lack of feedback is a huge energy zapper. Limit calls to reasonable lengths so everyone knows what to expect.
Nowadays, teenagers are living constantly surrounded by technology even if the younger generation may not see it, technology has had an impact on the world as a whole. The widespread use of digital technology in the music industry has allowed consumers to reproduce digital versions of copyrighted song inexpensively with the help of many software and websites.
The growth of downloads and exchange of music are held responsible for the decrease of music sales since the end of the 90s. Information and communication technologies, and especially the internet, changed the logic of consumption and the process of producing music.
One of the biggest challenges for the music industry was to deal with the invention of the MP3 file. This file came into life between 1996 and 1999 and since then, piracy became more and more important. The MP3 file enables people to save files on computers and share music with anyone in the world.
Asides this, YouTube which is the third most visited website in the world behind Google and Facebook houses 100 hours of video every minute. One of the major fact to keep in mind is that YouTube is paying artists and music labels. We also have other channels like Vevo.
On April 28, 2003, Apple released the iTunes store. The iTunes store which has more than 500 million users in 119 countries has more than 25 billion songs. Nowadays, artists make most of their money by touring and selling music on iTunes.
Even though digital technology have had bad effects on the music industry, new devices appeared and helped the music industry. These days, the industry is stimulated, thanks to the competition created by Spotify or even SoundCloud which enables to display music and protect copyrights for free or at a very low price.
Entertainment has been a popular tool for over a decade ago with popular musicians at the centre stage with names like 50 Cent born ‘Curtis James Jackson, The Notorious B. I. G born Christopher George Latore Wallace, D. M. C born Darryl Mc Daniels, 2Pac born Tupac Shakur, LL Cool J born James Todd Smith and a host of other prominent foreign musicians who have really proved to the world at large what music entails.
They inspire young and upcoming artists on the rudiment of music and on the need to see music as not just a career but as something to relieve the body from stress and to liven the soul. The entertainment industry the captured the mind of the populace by promoting arts and culture and then lifestyle.
Prominent among whom is Celine Dion, a Canadian Singer who was born on 30th March 1968 into a large family from Charlemagne, Quebec. She first gained international recognition in the 1980s by winning both the 1982 Yamaha world popular song festival and the 1988 Eurovision song contest where she represented Switzerland. She released several English albums along with additional French albums.
Also, we have the American singer Micheal Joseph Jackson, a song writer, dancer, who was one of the most popular entertainers in the world and was the best selling music artist during the year of his death. He was born in August 29, 1958.
Nowadays with the influx of several artists and with modernization, entertainment have taken a new dimension with more of the cinema, open shows, mall entertainment, amusement parks where notable musicians thrills large audience to delectable fun. It has become more of competition these days with all artists trying to live up to expectation in order to capture large audience compared to that of the olden days where competition is at its lowest as artists inspires and instills more of moral in the mind of the audience
In conclusion, the digital technology has impacted greatly on the music industry and given the enormous contribution to the industry, we can deduce amidst its disadvantages that the digital technology has made music reachable to the people at the grassroots at little or no cost thus making them have access to music at any day and at any time.
I love that I have been born in this day and age and I don’t know how I could have lived at any other time in history. New technological advances have made my life much easier as a home based business owner. I am excited by the possibilities available with technology today and excited by the thoughts of the technology that will be available very soon.
The purpose of this article is to share with you, as a fellow home based business owner, some thoughts on how current technological advances are improving the way we can run our businesses. If you are living in the past it is time to change your way of thinking and utilise technology to your own advantage.
Here are three things to think about as a work from home entrepreneur:
Social media and Web 2.0 has changed marketing- The old rules of advertising made it hard for a home based business to compete with bigger companies. The internet, through search engines, web 2.0 and social media has changed everything to the advantage of the smaller operators. Yes, large companies can use the internet but if you target your market right you can still be very successful.
Smart phones have improved people’s lives- I was very late to the idea of a smart phone- even though I have worked in the industry for numerous years. But now, I don’t know how I ever lived without one. I started with a BlackBerry, went to a HTC and now I could never live without my iPhone. It’s just so damn convenient. I can send and receive emails, make calls, send and receive texts and there are numerous other applications that improve my life. It gives me so much time back. I can respond to a lot of emails and do work during my down time during the day. For example, I often write articles on my iPhone during the day if I am waiting at a cafe or something like that. I generally save about an hour a day.
You can run a home based business but sell to the world- The Internet, in my opinion, has had the greatest influence on mankind of all inventions. Now, with an Internet connection, I can sell my products from home to anywhere in the world. Previously as a home based business owner my target audience would most probably be limited to my surrounding suburbs.
Technology has changed the world and, as you can see from the above, there are three technological advances that have had a most dramatic effect on home based businesses.
Technology is very vital these days, every business needs technology to communicate with people. Technology has become humongous that we need a tech-savvy person in all fields. It is necessary to interact with your customers quickly and when we say quick reaction two words come to our mind, Social Media. Social media creating its impact in the whole world, everyone becomes techno-savvy whether they are an individual, company, organization or an entrepreneur. We all need technology at one point in time to scattered our ways, to reach out larger audience, and to boost conversion. If we talk about one particular industry which is growing on social media platforms is Recruitment Industry.This is one of the industry who is using technology to its own advantage.
A medium of Technology:-
Social media becomes the turning point in recruitment business nowadays, Recruiter can use the various social media platform to reach out a huge number of candidates on LinkedIn and Facebook. LinkedIn has become the best source of professionals to connect with recruiters and helps employees to find a suitable job. LinkedIn is social media enigma, that creates more impact on recruitment business and helps companies and employees to reach right person or platform. In short, it is a platform to connect the world’s users (recruiters and candidates) in a short span of time and provides the best opportunities as per their talent and requirement. Nowadays, LinkedIn giving tough competition to Jobs portal. Now let’s talk about YouTube. It is the great way to enhance your presence in the market and promote your video in different- different social media platform. From YouTube, you can get huge traffic on your website and reach out people from different geographical location, country, region, and state.
A benefit of the medium:-
As Technology enlightened our work and provides new ways to accomplish our task. Technology is also cost-effective for business owners, allowing them to invest in different areas of their business.
Benefits of Technology:-
- To interact with job seekers in a less time and get access to the wider database.
- Reach out the maximum numbers of candidates of a different field.
- Analyse their CV online before approaching a right candidate.
- Reach out to different companies, learn about the brand and work culture before applying.
- Provide maximum information about the brand through companies blogs and make a candidate more aware of the profile and work culture.
So, Technology has been cost effective and HR can leverage technology to reduce the cost of a recruitment process.
A smart recruiter will always use technology for their company’s benefit. It is always interesting to find out different mediums to reach to the right candidates whether it is via blogging, video content or providing interview content to the recruiters and candidates.
The advances in technology are making a huge impact on social media. There are various mediums to reach out people and talk about your brand or improve your networking.
With all of that to say, technology advances are having or creating a big impact on social media and increasing visualization of networking.
Information technology generally refers to all forms of technology used in the creation, storage, exchange and utilization of data, conversation and all multi-media forms of communication. With computer technology constantly changing and improving, businesses are being driven with the need for the right system that is based on the requirements and goals of their enterprise. They are considered business allies in an information-based economy.
What drives information technology is competition within the business environment and the progression of computer technology that it is a part of. The systems of technology involve varied shapes of many state of the art devices that help in the transmission of information to managers translating such information to their decisions in the organization’s operations.
There are many forms of information technology like computers, sensors, robots and decision support systems. The newest one being used in the market today are handhelds to help managers and subordinates to support their daily operations in the office. Due to the emergence of varied accounting system technology, Electronic Data Process Auditing now also known as Information Technology Auditing was launched to also cater to the need for technology control and as a response to utilize computers’ capacity for attestation services.
Information technology has revolutionized business operations. In shaping the structure and functions of work organizations, plants, and office, modern information technology is considered one of prime movers among many industries. When one talks about technology, it brings up a whole exciting world of computers and the Internet. It also prompts terms like server, intranet, security, firewall and network. Other terms in its jargon are Ethernet, VoIP and more.
Information technology has not always alluded to computers, but referred to the oldest information processor, which is the brain. Technology is perhaps man’s scientific attempt to imitate the brain’s efficiency in functions of communication and information storage. Thus it is essentially the communication, storage and processing of information that would suit the purposes of users.
Through the use of high technology in the form of state of the art computers and software systems, communication is well managed. Some companies refer to its Information Technology Department as MIS or Management Information Services. Large companies have bigger requirements for the Information technology departments with bigger responsibilities in information storage, information protection, information processing, information transmission, and even information retrieval. IT contributes to the success of these businesses as it works along side its human resources in accomplishing the organization’s tasks while reducing costs and opening new possibilities that have never been tried before by the company.
When the best of both science and technology is combined, what results is as powerful as today’s advancements in technology. So powerful it is that it is not only a part of man’s life — it dominates it. It makes him realize every second of his existence
One of the many goals when crypto currency (CC) was first invented was to establish a secure digital system of transaction. The technology used was Blockchain, and still is. Blockchain systems were designed to be impervious to problems often found with online financial systems using older technology – – problems such as account hacking, counterfeit payment authentications, and web site phishing scams.
Blockchain itself runs on peer-to-peer global record-keeping networks (distributed ledgers) that are secure, cheap, and reliable. Transaction records all around the world are stored on blockchain networks, and because these records are spread out over the whole community of users, the data is inherently resistant to modification. No single piece of data can be altered without the alteration of all other blocks in the network, which would require the collusion of the majority of the entire network – – millions of watchdogs. BUT – what if a website looks like it is providing you a gateway to a legitimate crypto coin exchange or crypto wallet product, but is really a website designed to trick you into divulging information? You don’t have the security of Blockchain at all – you just have another phishing scam, and there is a need to be protected from all this.
MetaCert is a company that says it is dedicated to keeping internet users safe, and its main security product can be used to protect enterprises from a range of malicious threats, and now they have a product designed to keep CC enthusiasts safe. This new product is called “Cryptonite” and it is designed to be installed as a browser add-on. Current browsers rely on SSL certificates that show users a small padlock in the browser address bar. Users have been told for years that SSL Certificates assure you that a website is authentic – not so fast – phishing sites use SSL Certificates too, so users can be fooled into thinking a website is legitimate when it is not. Once added to your web browser Cryptonite will show a shield next to the address bar. This shield will turn from black to green if a website is deemed to be “safe”. MetaCert says they have the world’s most advanced threat intelligence system with the world’s largest databases of classified URL’s for security.
Staying safe is always a good thing, but more safety products may be needed in future as technology marches forward, at an ever increasing pace. On the horizon is Quantum Computing (QC), which is showing great promise. QC is touted by many to be one of the biggest technological revolutions of the modern era. By harnessing the power of quantum mechanics, QC machines will be able to take on much more complex tasks, and to achieve speeds previously unattainable. Traditional computers are based on a binary model, using a system of switches that can be either on or off, represented with a 1 or a 0. QC’s are different in that their switches can be in both the on and off positions at the same time, which are called ‘superpositions.’ This ability to be in two simultaneous states is what makes QC’s so much faster. Google announced over two years ago that the quantum prototype they possess was 100 million times faster than any other computer in their lab. The development of this technology is pushing ahead at an increasingly fast rate. The first marketed quantum computer was produced in 2011 by the California based company D-Wave. D-Wave’s machine was equipped with a processor that contained 16 quantum computing units, called QUBITS. Since then, industry leaders like IBM and Microsoft have announced their own quantum programs. This trend will lead to an exponential scaling up of the number of QUBITS these new machines can handle over the next several years. While quantum computing holds the potential for significant advancements in many spheres, and for providing innovative solutions to some of the most complex problems, it will surely generate a need for improved security, as these machines will also have the power to assist hackers with their dastardly deeds. Protection and security will always be needed in the crypto currency space, same as with all other on-line spaces.
It is safe to say that we are firmly into 2018 now, and the first month of this year has been filled with brand new technology that is set to change the way we live our day to day lives. Not only has it changed the way that we live our lives but it has changed many different sectors of business.
As technology progresses at this pace, we should probably look at what this means for the legal sector. Firms all over the world are adopting and investing in new technology to effectively compete with the other competition out there. Not only do they need to use this technology to compete with other firms, but clients are wanting more and more engagement with technology in all of the sectors of business. In this respect, the legal sector is quite far behind but they are catching up rapidly.
According to SEO experts, voice searches are expected to take over. With Siri and Alexa already setting the bar very high, and voice searching are expected to account for 50% of online searches by the year 2020. You may be wondering how this can affect the legal sector. Because a quarter of all voice searches are for local information, it is likely that people will be searching for information on local lawyers. This means that law firms will have to make sure that their websites and online presence are adapted to be found in this way. Law firms will already be used to optimizing their page for traditional searches, SEO for voice will be slightly different. It is worth finding out what the difference is and how you can get prepared.
Law firms should also expect to get used to the idea of automated technology. The Law Society has predicted that this type of technology will take over 67,000 jobs in the legal sector by the year 2038. Although many people are worried that this means they’ll lose their jobs, they need to remember the positives to this. Machines can take on a lot of the legal work that often slows law firm employees down and therefore make them more efficient and better able to take on important work. Service automation will help increase productivity and will help law firms be able to take on more and more work, without any extra strain on their employees. This means that you should expect a rise in the number of cases that law firms take on, as well as how much they do in advisory capacities.
Virtual and augmented reality are fast becoming commonplace in a lot of other sectors, but it is one piece of technology that law firms don’t seem to have adopted just yet. This could all be set to change, however, with the law sector finally coming on board with this technology. It is expected that virtual and augmented reality will be used to help with client recruitment and engagement. It is also expected that law firms can use these types of technology to help with staff recruitment and training. It means that training sessions can be delivered via AR or VR and won’t take the employee away from the office for as long as if they were going away to train. This will help lower costs and make sure that people are being trained fully and effectively.
SEO is changing all the time, and 2018 will see further changes yet in this piece of technology. Artificial intelligence or AI means that they can answer users search queries from just the first few words. This is known as predictive search and already exists but in 2018 it is expected that this technology will become more advanced and better able to guess what the user wanted to search for. This means that law firms may be cut out of the competition before the user has even had a chance to search for them.
These days, technology is scaling newer heights of success at an unbelievably fast pace. One of the latest triumphs in this direction is the evolution of the Blockchain technology. The new technology has greatly influenced the finance sector. In fact, it was initially developed for Bitcoin – the digital currency. But now, it finds its application in a number of other things as well.
Coming across this far was probably easy. But, one is yet to know what is Blockchain?
A distributed database
Imagine an electronic spreadsheet, which is copied umpteen number of times across a computer network. Now, imagine the computer network is designed so smartly that it regularly updates the spreadsheet on its own. This is a broad overview of the Blockchain. Blockchain holds information as a shared database. Moreover, this database gets reconciled continuously.
This approach has its own benefits. It does not allow the database to be stored at any single location. The records in it possess genuine public attribute and can be verified very easily. As there’s no centralised version of the records, unauthorised users have no means to manipulate with and corrupt the data. The Blockchain distributed database is simultaneously hosted by millions of computers, making the data easily accessible to almost anyone across the virtual web.
To make the concept or the technology clearer, it is a good idea to discuss the Google Docs analogy.
Google Docs analogy for Blockchain
After the advent of the eMail, the conventional way of sharing documents is to send a Microsoft Word doc as attachment to a recipient or recipients. The recipients will take their sweet time to go through it, before they send back the revised copy. In this approach, one needs to wait till receiving the return copy to see the changes made to the document. This happens because the sender is locked out from making corrections till the recipient is done with the editing and sends the document back. Contemporary databases do not allow two owners access the same record at the same time. This is how banks maintain balances of their clients or account-holders.
In contrast to the set practice, Google docs allow both the parties to access the same document at the same time. Moreover, it also allows to view a single version of the document to both of them simultaneously. Just like a shared ledger, the Google Docs also acts as a shared document. The distributed part only becomes relevant when the sharing involves multiple users. The Blockchain technology is, in a way, an extension of this concept. However, it is important to point out here that the Blockchain is not meant to share documents. Rather, it is just an analogy, which will help to have clear-cut idea about this cutting-edge technology.
Salient Blockchain features
Blockchain stores blocks of information across the network, that are identical. By virtue of this feature:
- The data or information cannot be controlled by any single, particular entity.
- There can’t be no single failure point either.
- The data is hold in a public network, which ensures absolute transparency in the overall procedure.
- The data stored in it cannot be corrupted.
Demand for Blockchain developers
As stated earlier, Blockchain technology has a very high application in the world of finance and banking. According to the World Bank, more than US$ 430 billion money transfers were sent through it only in 2015. Thus, Blockchain developers have significant demand in the market.
The Blockchain eliminates the payoff of the middlemen in such monetary transactions. It was the invention of the GUI (Graphical User Interface), which facilitated the common man to access computers in form of desktops. Similarly, the wallet application is the most common GUI for the Blockchain technology. Users make use of the wallet to buy things they want using Bitcoin or any other cryptocurrency.
I love technology, and we’re fortunate to be living at a time when most of us are experiencing the great evolution of technology. For instance, we have cars that are out on our streets driving themselves. We have incredible advances in medicine and have eradicated diseases. And, as the U.S. shifts from government to public and private partnerships, I’m sure that we’re going to see incredible achievements in the space industry as humanity seeks to create a society that will thrive beyond the boundaries of Earth. The success of the reusable rocket by SpaceXin 2017 is a step in the right direction. However, technology can also be straightforward and affect our daily lives and businesses.
In my company, one of the technologies that have fundamentally shifted how my team, client and our vendors relate to each other and work is Zoom. Zoom is one of the top video and web conferencing platforms on the market.
I love the technology because my team is spread out across the U.S. and even in Europe. Every single week we’re getting online with prescheduled or unscheduled Zoom meetings in our conference room, which we now call the Zoom room. People can join us at a moment’s notice from anywhere they have internet access using their desktops, tablets or smartphones.
After using Zoom for a couple of months, we went one further for one-touch conferencing, which is supported by OWL Lab 360 degree camera and microphone. What does that mean? It means that attending one of our video conferences is a much more dynamic experience.
Instead of seeing a flat look into the conference room, which is not only dull but can have people outside of the Zoom room miss subtle body language or even missed discussion points, the OWL Lab camera and microphone follows the speaker. That means that the moment someone begins to speak, the camera and microphone immediately rotate and focus on that individual, making the discussion much more animated and dynamic. If you want to see what we’re doing and how it works, take a look at the OWL Labs experience.
What People Are Saying
Our team loves the technology, and everyone is pleased to get on a conference call because it is the next best thing to having people actually in the same room. In addition, the technology is regularly used for screen shares, and productivity has increased exponentially.
However, as an entrepreneur and businessman, one of the best compliments we’ve received come from our clients and partners. Quite simply, they’ve been wowed, and we’re always getting new comments about how “forward thinking,” “ingenious” and “practical” we are in our use of technology.
I’m a big believer that you have to embrace all of the resources at your disposal and in the modern era, that includes technology. One of the best things you can do for yourself and your business is to embrace technology, even something as simple as the platforms you use for video conferencing.