$GTCH SAN DIEGO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- GBT

New Post Public Reply Private Reply Replies (0) Message Board
budfoxfun
233
$GTCH SAN DIEGO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”) has on its roadmap, a wearable version of the qTerm device. The finger-touch version prototype of the device is now under manufacturing; and the company plans to start a wearable version next year. GBT's qTerm, a human vitals device, is aimed to measure human vitals with the touch of a finger.

According to Gartner’s (Gartner Forecasts Global Spending on Wearable Devices to Total $81.5 Billion in 2021) forecast, the world will spend about $81.5 billion on wearable devices in 2021, a significant rise compared to 2020. This rise is directly correlated with the global pandemic and the importance of health monitoring in our lives.

The qTerm wearable device is planned to have all features of the finger-touch version plus additional features that can be utilized due to its shape characteristics. Upon a user’s permission, an automatic scheduled monitoring feature is planned for on-going health observation. The device’s AI system will learn about the user’s health concerns and conditions, and perform health checks as part of a daily routine, transparent to the user. Even if users forget to take vitals measurements, the device will do it automatically for them.

Based on the device’s cognitive and reasoning capabilities, automatic vitals measurements will be taken continuously throughout the day. In case of abnormal results, the device will alert, and advice on further steps; the device can be integrated with clinics and hospital data systems to keep and monitor patient’s records. It will be able to directly alert physicians about any health-related concerns and could also be used during telemedicine sessions.

The wearable device plans to use optical sensors technology with an advanced display. Additionally, a web portal synchronized with a mobile application is planned to support qTerm’s wearable version. And just like the finger-touch version, the data will be securely kept and transferred to a back-end AI program for further analysis and monitoring. Due to the device’s nature, GBT will continue evaluating the addition of more wearable-oriented features to increase its added value. GBT plans to start the device’s design in early 2022.

"It is only natural to create a wearable version of qTerm technology. One of the major advantages of a wearable form of qTerm is its capabilities to take health related measurements; independently, and without the user’s awareness, this feature can be enabled upon the user’s permission. We see this feature as a great advantage; especially, when users may forget to take their scheduled vitals, not aware of a potential problem. The wearable version of qTerm will be equipped with the same AI system for on-going health monitoring, and it will learn about a user’s health condition and perform scheduled checks to ensure good health. These checks will be executed throughout the day or night and in case of abnormalities the user will be alerted, and can be an efficient health monitoring system for the elderly; 24/7. In qTerm’s finger-touch version the responsibility to perform a vitals check lies on the user remembering to take these on time. However, with the wearable device the checks will be automatically executed throughout the day in case the user forgets their daily health-related duties, this system will do it for them. qTerm wearable will include a website synchronized mobile application for results representation. This advanced mobile application will make the qTerm wearable device a personal health monitoring system constantly on the watch, checking, analyzing and advising/alerting about any health concerns," said Danny Rittman the Company’s CTO.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Lear Capital Hits $5 Billion Milestone: Trust or Hype?

Updated Category News Views 114

A Golden Milestone or Just Glitter? Lear Capital's announcement of surpassing $5 billion in precious metals transactions feels like one of those moments where you tilt your head and ask, "Is it really what it seems?" With nearly 150,000 customers and almost three decades of hustling in the glittering world of gold and silver, they've certainly carved out a name in the...

Continue Reading
Leadership Shake-Up at Equity LifeStyle Properties

Updated Category News Views 96

Shifting Gears at the Top When the calendar flips to 2027, Equity LifeStyle Properties, Inc. (NYSE:ELS) will be kicking off the new year with a fresh lineup at the helm. After 13 long years steering the ship, Marguerite Nader is moving into the role of Executive Vice Chair of the Board of Directors, paving the way for Patrick Waite to step into her shoes as President and...

Continue Reading
Right Heart Failure Gains Recognition as Its Own Syndrome

Updated Category News Views 54

Changing the Narrative on Right Heart Failure How often do we see right heart failure (RHF) brushed aside like some understudy in the grand play of cardiovascular disease? Far too often, according to the Heart Failure Society of America (HFSA). They're here to shift that narrative, demanding RHF be recognized for what it truly is: a distinct clinical syndrome. Forget...

Continue Reading
Small Biz Financing Soars Amid Credit Struggles

Updated Category News Views 50

Record Financing Applications, But Not All is Rosy Diving headlong into this 1West data is like clutching at a double-edged sword. On one side, we've got record-breaking numbers—48,975 financing applications in Q3 alone. That’s a staggering 25% hike over last year. But before you pop the champagne, let's pivot to the other edge: dwindling financial health. With the...

Continue Reading
Grünenthal Pushes Pain Boundaries with RISE Trial Win

Updated Category News Views 136

Grünenthal, coming straight outta Germany, is lighting up the stage at the 2026 IASP World Congress on Pain in Bangkok with some heavy-duty results from their Phase III RISE trial. We’re talking serious news for folks grappling with post-surgical neuropathic pain. Breaking Down the RISE Results Let’s cut to the chase: Qutenza®, the protagonist here, smashed through...

Continue Reading
Sodium Silicate Market To Hit $7.4B by 2031

Updated Category News Views 28

What's Fueling the Market's Climb? I tell ya, sodium silicate might not be a household name, but it's trekking upwards with a clear purpose. By 2031, this market's expected to touch $7.4 billion from $6 billion in 2026 at a neat 4.4% CAGR. For an old-school trader like me, that's the kind of steady growth that catches my eye. The driving factors? Well, it’s more than...

Continue Reading
McKinsey and Parloa Join Forces on AI Customer Service

Updated Category News Views 0

AI-Revolutionizing Customer Service: The New Partnership Out of the boardroom and into the trenches, McKinsey joins hands with Parloa, aiming to reshape how enterprises handle customer service through artificial intelligence. Forget all the corporate fluff you've heard before; these guys are dead set on closing the massive gap companies face in deploying AI agents...

Continue Reading
Amgen Declares Q4 Dividend Amidst Broad Horizons

Updated Category News Views 76

Amgen's Steady Dividend: A Testament to Stability Diving into the mess that is today's biotech market, Amgen (NASDAQ:AMGN) stands out like a beacon of stability with its recent dividend announcement. The Board's decision to dole out a $2.52 per share dividend for the fourth quarter of 2026 showcases confidence amidst both promising ventures and looming uncertainties....

Continue Reading
Qloo's AI Reveals Overlooked EV Market Opportunities

Updated Category News Views 99

Uncovering Surprising Market Overlaps Ever thought the guy barreling through mud in his rugged 4x4 might have more in common with an electric vehicle enthusiast than we'd usually guess? That's the curveball Qloo and Kearney are tossing at us. Their latest study shakes up the tired old assumptions floating around the automotive sector about who's buying what and why. Using...

Continue Reading
Philanthropy in Focus: Town & Country's Star-Studded Day

Updated Category News Views 77

An Annual Celebration of Generosity Town & Country, marking 180 years of observing the social highs and lows, just wrapped up its 13th Annual Philanthropy Summit at Hearst Tower. This wasn't your run-of-the-mill event where you sit and awkwardly sip bad coffee. When you've got high-profile names like Tory Burch and Russell Wilson in the same room, you know it’s a...

Continue Reading

Top 5 Most Recently Viewed Articles

Important Trading Disclosure from Dowlais Group plc Exempt Trader

Updated Category News Views 134

Understanding the Trading Disclosure from Dowlais Group plc The trading landscape can often seem complex, especially when it comes to understanding exemptions and deals in securities. This article aims to clarify the recent trading disclosures linked to Dowlais Group Plc as reported by an exempt principal trader, specifically Investec Bank plc. Key Information Regarding...

Continue Reading
What to Expect from SES AI's Upcoming Earnings Report

Updated Category News Views 106

SES AI's Earnings Report Insights As SES AI (NYSE: SES) gears up for its upcoming quarterly earnings announcement, investors are keenly observing the developments. While the exact announcement date is yet to arrive, the anticipation among stakeholders is tangible. Analyst Expectations The consensus from analysts indicates an anticipated earnings per share (EPS) of $-0.12...

Continue Reading
Understanding Western Asset Emerging Markets Debt Fund's Distributions

Updated Category News Views 117

Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) made waves back in 2024 when it laid out the nitty-gritty of its monthly distributions, and let me tell ya, traders were paying close attention. They announced a total distribution per share of $0.0845 for September—a number that had desks buzzing with anticipation and caution. Distribution Breakdown: Cash Flow...

Continue Reading
Understanding Voting Rights within Octopus AIM VCT plc

Updated Category News Views 274

Insights into Total Voting Rights and Share Capital Octopus AIM VCT plc is an essential part of the investment landscape, and understanding its total voting rights and share capital is crucial for stakeholders. This company has recently announced its current share structure and voting rights available to its shareholders. This information is not only vital for governance...

Continue Reading
Regional Banks Adapt as Fed Cuts Provide Breathing Room

Updated Category News Views 122

Understanding the Impact of Federal Reserve Rate Cuts on Regional Banks U.S. regional banks are currently navigating a landscape marked by increasing capital requirements while also experiencing some relief due to significant rate cuts by the Federal Reserve. These changes aim to address the weaknesses that recently led to the failure of several regional banks, creating a...

Continue Reading