The bio science IS a diverse and often converging group and activities with a common link – they apply knowledge to develop biological solutions that sustain, restore, and improve the quality of life for humans, plants, and animals in our world. From life-saving therapies and procedures, to healthier foods or cutting-edge research, PEOPLE have undoubtedly enjoyed a better quality of life because of bioscience.
THE convergence of digital technologies with BIO SCIENCE, health, healthcare, living, and society to enhance the efficiency of healthcare delivery and make medicine more personalized and precise. The discipline involves the use of information and communication technologies to help address the health problems and challenges faced by people under treatment. These technologies include both hardware and software solutions and services, including telemedicine, web-based analysis, email, mobile phones and applications, text messages, wearable devices, and clinic or remote monitoring sensors. Generally, digital health is concerned about the development of interconnected health systems to improve the use of computational technologies, smart devices, computational analysis techniques, and communication media to aid healthcare professionals and their clients manage illnesses and health risks, as well as promote health and wellbeing.
Digital health is a multi-disciplinary domain involving many stakeholders, including clinicians, researchers and scientists with a wide range of expertise in healthcare, engineering, social sciences, public health, health economics and data management.
Fintech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes. The term is a broad and rapidly growing industry serving both consumers and businesses. From mobile banking and insurance to cryptocurrency and investment apps, fintech has broad applications.
Fintech companies integrate technologies (like AI, blockchain and data science) into traditional financial sectors to make them safer, faster and more efficient. Fintech is one of the fastest-growing tech sectors, with companies innovating in almost every area of finance; from payments and loans to credit scoring and stock trading.
At its most basic, near-field communication, or NFC, is a way to read and send information via radio waves. It’s a finely honed iteration of radio frequency identification (RFID), which has been around for a while, and, for example, allows warehouse workers to take inventory of shipping containers by scanning them, lets automated tollbooths collect EZ-Pass information from moving cars, or, in the fintech world, makes contactless payment cards and digital wallets possible. RFID works by way of a reader (such as a payment terminal), a specially designed tag (such as that on an enabled credit card), and an antenna that sends signals between the two. The tag contains information, which the reader then recognizes.
This works through the principle of inductive coupling and allows the tag to create an electromagnetic field and emit radio waves. When the RFID tag detects the reader’s own magnetic field, its antenna, which is a coiled wire, begins to emit waves, too. The reader then detects and registers the new magnetic field coming from the tag, and is able to decode and translate the waves into information for the user.
RFID itself isn’t used for fintech because it isn’t secure enough, and that’s why NFC was developed to operate at a much shorter range. NFC works the same way as RFID but readers and tags must usually be within a few centimeters of each other for information to be properly transmitted. (RFID, on the other hand, can operate with a range of up to 100 meters.) As a result, NFC interactions—and NFC payments—work in a way that is considered largely secure, because they cannot be easily interfered with. For instance, an NFC-enabled smartphone must be held quite close to a contactless payment reader in order for NFC payment to work, so there’s no danger of V the user’s phone being scanned from halfway across the store. NFC data can be transmitted at a frequency of 13.56 megaHertz, with the potential to send data at 106, 212, or 424 kilobits per second, depending on what kind of information is being sent.