HEALTH + ID
Updated: Nov 8
HealthID ‘Security - Access – ID; NEEDS Upgrading’ POST PANDEMIC AWARENESS: everything has changed: Our challenge is adapting security solutions to combine technologies in a seamless manner. Security – Access ID solutions need to incorporate a more diverse suite of health measurements and personnel determinants. A technology shift is required to incorporate Security ID solutions being used for pandemic-affected use cases. Today’s Security Access ID solutions use a card or badge to identify individuals before entry, this technology has been around for 40 years! We now find ourselves in need of more comprehensive security and safety plans than pre-pandemic. Security – Access ID needs a mandatory and urgent transformative shift. HealthID ‘User ID plus Health’ WHY Integrate Health, Access ID, Biometrics & E-INK ? HealthID has identified a market requirement for replacement of outdated access ID, which is some 40 years old and in urgent need of an upgrade. We are experiencing a burgeoning Biometrics ($136B by 2031) and Mobile Biometrics ($184B) market, expected to accelerate further as technology adapts to corporate needs. Today’s ever-changing global environments are being impacted by Pandemic (Health) issues, online attacks, outdated (easily bypassed) card ID platforms. Therefore, technology needs to adapt and afford greater defensive measures to stem the tide of perpetrators in all security sectors. HealthID has a long history of innovation, design and hardware production and is expanding its range to include an integrated Health sensor within the User ID credential and access wall-mount reader - combining Health, NFC (Near Field Communication or Contactless Technology) and E-INK to display information, advertising, alerts, etc. E-INK Card - Keyfob ………….……. NFC …………….…. Access Wall Reader HealthID combining E-INK, NFC, Biometrics, Health, and Mobile device support. Adding to current security products without major cost increase and without change to existing infrastructure. HealthID ‘Interactive E-INK Displays’ HealthID seamless integration with touchless technologies: HealthID will design and produce E-INK display access Contactless card readers and credentials for buildings, infrastructure, transportation, conferences, borders, airports, everywhere that requires to determine identity + health. E-INK creates an interactive display between User and Reader or Credential, enhancing the capabilities and integration options. Mobile devices and Access Control products can interact with far greater flexibility and security. Advertising revenue alone is anticipated to have multiple areas for growth potential and will increasingly become a valuable contributor to annual income. HealthID ‘Biometrics + E-INK + Health’ HealthID responds to customer & market requirements: HealthID will participate in the burgeoning technology upgrade/replacement market within the KYC, Security Access Identification sectors. These market sectors are overdue for technological touchless upgrades, which have been held back by costs and integration complexities. COVID has accelerated the urgency to replace older technology products and platforms, plus customers are demanding more capability and flexibility. The internal NFC (Near Field Communication) combines seamlessly with E-INK and Health, creating another dimension of security, all within and compliant to the same security infrastructure that exists today. The global identity verification market size was valued at USD 8.43 billion in 2021 and is predicted to reach USD 32.94 billion by 2030, increasing at a CAGR of 16.35% from 2022 to 2030. In 2021, North America held a dominant position in the market with a revenue share that was greater than 41 percent. The market size stood at USD 145.57 Billion in 2021. The Global Digital Health Market size is expected to reach USD 430.52 Billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. HealthID look at these markets in combination and will participate in a significantly large and growth Security Access ID Sectors.
HealthIDwill integrate Biometrics, ID, Health determination and E-INK displays; combining to identify any individual through seamless technology integration – ensuring only authorised healthy people are allowed access. E_INK creates unique advertising revenue options.
HealthID holds Exclusive Biometrics License Agreements and expects to create new patent applications.
HealthID will create new E-INK credential production and add a health determining component, which is a standalone miniature temperature measurement device. Therefore, activation of the internal NFC (Near Field Communication), which enables access to buildings, transportation, payment, and various connectivity options with mobile phones etc. will not operate without BOTH the identity of the User and their measurement of Health being within accepted pre-determined specifications.
HealthID will benefit from the Hong Kong government’s financial incentives that match the Company’s technology investment one-for-one, including prototypes, production, marketing, staff and development teams, plus global patent registrations. This is a superior opportunity to combine with HK government and leverage China market, plus our existing global distribution.
HealthID ‘COVID Accelerates need for Biometrics, E-INK + Health’
The Global security market for security access readers and personal ID credentials is universal across borders and cultures, therefore volume sales are assured. COVID has enabled integration technologies to combine and create more comprehensive multi-use Access-ID solutions.
INCREASE REVENUE BY ADVERTISING
· Reason to Upgrade: Upgrade access control readers and credentials to incorporate health determination, E-INK plus biometrics.
· No changes to existing wired communications or security system infrastructure.
· Current global access readers and credentials are mostly unchanged after more than 40 years of service; It’s Time to change!
· Create and build new touchless product designs and unique marketing concepts, integrating Health & E-INK.
· E-INK offers advertising revenue, multiple language support, image displays and notifications, alerts, updates etc. etc.
About HealthID Technologies
§ Founded in Hong Kong.
§ Founders include Mr. Chris Burke, a long-standing Hong Kong resident.
§ E-INK Credentials for Building & Automotive have significant growth potential.
Credentials historically were simple access cards, keyfobs, etc. with static or zero displays.
Biometrics Cards & Credentials have begun to merge and are in significant global demand.
Combining Health and a dynamic display medium increase the possibilities one thousand-fold.
§ Technology Development and Patent Applications will be conducted initially in Hong Kong, China and followed by USA Europe and major markets.
§ HealthID will reinvent its leading global biometric innovation and patented technology. Combining new technologies such as facial and fingerprint biometrics to readers & credentials, but with a new dimension in technology integration, combining Health & E-INK Technology. Biometrics and E-INK (Electronic Paper as used in Kindle), creating an ALL-IN-ONE smart ‘Health ID’ platform.
About HealthID Management Team
· Chris Burke invented mobile biometrics and holds many key global patents and Exclusive Licenses.
· Chris Burke was previously Service Manager for RACAL UK Group and created significant income through annual hardware and software Maintenance Agreements. This expertise translates directly into HealthID business strategy for income diversity.
§ Chris Burke created several successful businesses, including a WOFE (Wholly Owned Foreign Enterprises) in China in 1990. This business enabled customer bank passbook magnetic stripes to be read and encoded from IBM Minicomputers at bank branches throughout China.
§ Chris Burke modernized Commonwealth Bank of Australia ATM network by routing financial data through PC’s running Microsoft OS in 1988. This system remains operational today and was the beginning of the end for Minicomputers.
· Chris Burke has listed companies on UK and Australian stock exchanges, plus created Intellectual Property (IP) concepts and has considerable expertise in global product manufacture & distribution.
· Chris Burke was one of the first developers of Contactless technology and sold the first Contactless Smart Card system to BBC Television, Sun Microsystems, FBI, MI5 and MI6, including several other large companies and Security Distributors, Honeywell etc.