HEARTBIT: ICO REVIEW

The current market has a wide variety of fitness wearables to offer and is dominated by the likes of Garmin, FitBit and Apple etc. While the existing devices have been the pioneers in the field of fitness monitors, the time has come to take the next step which will enable mankind to access his health parameters instantly and on the go. HeartBit has built the next generation of fitness monitors which aims to provide a comprehensive diagnostics and analysis of vital parameters associated with the Heart’s health on a continuous basis.
HeartBit, is a Hungary based technology company that has developed a state of the art device and support software that will enable the customers to continuously monitor their heart parameters and adjust according to its needs. The device is the world’s first wireless medical grade ECG device that can be easily incorporated into everyday life.
The device is capable of monitoring ECG signals at all times and also during exercise and workout. It has the capability of giving out advance warnings which can help in timely detections of various heart diseases.
Why is HeartBit needed?
The present day monitors have failed its customers as
The devices continuously create data which is sent to a central data centre or a server where it is stored. Such data is highly susceptible to leaks and manipulation by vested interests who can leverage this data to target the customers
The present day devices continuously assimilate the generated data but are not smart enough to predict fatal warning signs. HeartBit uses advanced Machine learning and Artificial Intelligence algorithms to better predict and warn the users of deteriorating heart condition

Features and Benefits of the project:
- Use of AI and Machine Learning: The device uses Artificial Intelligence and advanced machine learning algorithms powered by IBM Watson. The use of these technologies allow HeartBit to determine the conditions that define a users peak physical performance
- Partnership with IBM: The company has partnered with IBM to use its Watson platform for analytics and assessment which speaks tons about the project. IBM is one of the only companies in the world that doesn’t sell the data they collect

- High performance Electrodes: The device takes high measurements at a sampling rate up to 2,000 Hz per electrode, providing up to 6,000 data points per second in total. In the current market, no other competing devices comes in competition when it comes to measuring data points per second
- Integrated Hardware and Software: The advanced interface is able to separates noise disturbance and valuable inputs from the heart, muscles, and outside environment. This provides the clearest possible signal for the device to give better predictions and results
- Environmental Sensors: The device is able to detect ten most dangerous gasses within the radius of the user’s city. This feature provides valuable information and insight into what times of the day, locations and weather conditions are best suited for the users workout
- HeartBit Reward Program: The team will launch HeartBit Reward Pool, where the tokens will be distributed to those who have consistently maintained their fitness, or shown the largest improvements
Token Economy
HeartBit will issue HBIT utility tokenthat will be used with HeartBit products, services and platforms. The team will be issuing 200 Million HBIT tokens, out of which only 70% will be in circulation initially. It will keep the 30% in reserves to be deployed at a later phase for future developments.

The HBIT supply will decrease with time to 50% of its max supply, as 10% of tokens gained from premium subscriptions will be burned. Once the HBIT token reaches 50% of max supply, the burn will stop. HBIT tokens will be used in the ecosystem in multiple forms; donating to access the HeartBit rewards program, paying to consultants and professionals to get personalized dietary and exercise routines that correlates with the data collected by the device.
Project Roadmap

Links for more information:
- Website: https://theheartbit.com/
- Whitepaper: https://drive.google.com/open?id=1BUFpAiHZRJYFL6Zi6QvYnUhmZGWAW0kM
- Facebook: https://www.facebook.com/Heartbit-177918886251324/
- Telegram: https://t.me/heartbit_official
- Twitter: https://twitter.com/theheartbit
- Youtube: https://www.youtube.com/channel/UC5K6gXCiHsZHCF4yh-jcISg/
- LinkedIn: https://www.linkedin.com/company/theheartbit/
- Reddit: https://www.reddit.com/r/TheHeartBit/
- Medium: https://medium.com/@Heartbit
- Bounty0x Name: saraschoudhary
**This article was created in exchange for a potential token reward through Bounty0x**