(Image via LOOP Insights Inc.)
Governments across the world are working with health agencies to find solutions to the COVID-19 coronavirus pandemic that will revive the global economy. Software developers are doing their bit to help reduce the spread of the virus by creating platforms designed around user privacy and security. One Vancouver-based Company, Loop Insights Inc. (TSX-V: MTRX,OTC Pink: VRZPF,Forum), is catching fire with its automated contact tracing solution.
COVID-19 is most likely transmitted by people who are near each other, which is why we are expected to social distance—or
better yet stay home. So, in order to reopen public places and business storefronts, public health officials have pointed to contact tracing as a valuable tool to help contain the spread of the disease. Given this urgent need, health authorities have been on the lookout for contact tracing technology.
A leading provider of transformative artificial intelligence (AI) solutions, Loop Insights
, recently announced the launch of its own automated contact tracing platform. It is a service aimed to support the current Covid-19 government mandates that require business owners to collect and store customer contact information.
In
a June 2020 news release highlighting details on the platform, The Company’s CEO Rob Anson affirms that technology has no value unless it solves a fundamental issue.
“Covid-19 has created a major global health and economic problem. The demand and need for a secure and automated solution has never been greater. This clearly isn't the time to radically innovate, it is the time to instill confidence through a proven, trusted solution.”
What it is:
Guests receive a Covid-19 Contact Card to check-in and securely share their information at venues or events through wallet pass technology. With Loop, this will instill confidence back into brick and mortar businesses. Click the video below for more.
Loop Insights - Covid-19 Contact Card from Loop Insights on Vimeo.
Key features:
- Independent secured network – LTE connectivity
- Personally-identifiable information (PII) data compliance and security
- Automated guest alerting and notification system
- Simple contactless data collection
- Detailed data insights and reporting
The need for contactless platforms:
This is a solution for investors to to watch for because it virtually eliminates any risk or liability associated data storage of protected personal information (PPI).
Under the current method, businesses typically collect data manually, which is inherently flawed as it can lead to inaccurate reporting as well as compliance resistance from customers. There is a sizeable need and demand for a turnkey tracing solution such as Loop’s, and its management team confirms that there is ever-growing global interest around its platform. In fact, the Company is actively engaging clients across Canada, as well as Australia and New Zealand, to bring this consistent, scalable solution to the table and replace the assortment of ad hoc solutions that various industries are relying on— for lack of a better alternative. But now, that better alternative is here.
A solution built on top-tier partnerships:
Confidence in the Company’s prospective client base is further supported by its affiliation with Amazon (NASDAQ: AMZN) - having received $100,000 in development funds, and more recently, being accepted into Amazon Web Services’ Partner Network (APN).
Loop’s solution gains incredible visibility, and credibility through this network. The APN is a global partner program for leading technology and consulting businesses, many of which are Fortune 500 companies. Additionally, more than 90% of Fortune 100 companies utilize APN Partner solutions and services. Backed by the global leader of PII data storage, clients can be assured that Loop’s data collection is 100% accurate and secure, via its proprietary IoT (Internet of Things) device, Fobi.
All you need to do is a simple Google search for “automated contact tracing platform” and one of the first (non-advertisement) results to come up is a news release on this very platform developed by Loop Insights Inc. For contact tracing, timing is everything. The same can be said for your next big investment opportunity. Read Loop’s latest investing news here: https://www.loopinsights.ai/investors/
loopinsights.ai
FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.