GTX Corporation (GTXO) Named Alongside Nike in Lis
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In a recent article on tech news site ReadWrite, contributor Cate Lawrence took an in-depth look at the evolution of the wearable technologies market. Currently, the wearables market is saturated with a collection of hand-based devices – such as bands, watches and jewelry – designed to service a variety of functions from tracking vital signs to informing users about text messages. In the ReadWrite article, the author asked a simple question: “What can this [device] give me that my smartphone and laptop cannot?” In the case of many of the market’s most popular and successful wearable devices – including contributions such as the Apple (NASDAQ: AAPL) Watch and the Samsung (OTC: SSNLF) Gear S – the simple answer to this question is ‘not much’. However, this could be in for a change.
Some of the most exciting wearables entering the fray in 2016 are shifting the focus away from the hand in favor of the feet. Take, for example, Nike’s (NYSE: NKE) recently unveiled Nike Mag footwear. With a design that’s eerily reminiscent of Marty McFly’s signature kicks in the Back to the Future trilogy, these prototype sneakers utilize digital technology to power specialized laces that react to the wearer’s motion. Adaptive shoe technology is just one example of a way in which the function of wearable devices can exceed the bounds of smartphones and laptops.
Another innovative device highlighted in the ReadWrite article was the GPS Smart Sole, which is marketed by GTX Corporation (OTC: GTXO). As anyone who has ever left his or her smartphone at home by mistake can attest, sometimes just remembering to take technology with you can be a considerable hurdle to overcome. The GPS Smart Sole eliminates this issue by embedding a GPS tracking device with a rechargeable battery into a comfortable shoe insert. The result is a revolutionary device that could change the way that people who provide care to individuals with cognitive conditions such as Alzheimer’s, dementia, autism and traumatic brain injuries approach their daily routines.
While remembering to pick up a cell phone on the way out the door can be extremely difficult for both children and people affected by serious cognitive conditions, studies show that individuals rarely leave the house without their shoes. This simple trend makes GTXO’s GPS Smart Sole an ingenious approach to the age old problem presented when caring for individuals with a tendency to wander. With a battery that lasts as long as three days on a single charge, GPS Smart Sole technology is expected to play a major role in improving the quality of life of people affected by these conditions.
With the novelty of wearable technology beginning to fade, developers are being forced to reimagine their collective approach toward this growing market. The result, at least to this point, has been the emergence of a collection of innovative tech devices that eloquently address otherwise difficult or inconvenient issues that affect the daily lives of thousands of consumers around the globe.
To view the full ReadWrite article, visit http://readwrite.com/2015/12/29/wearables-devices-foot-leg
For more information, visit www.gtxcorp.com
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