Home Blog Page 2

Another Fraud suspicion in Argentina Involving Danish Maersk

Another suspicion of fraud in Argentina involving the maritime giant Maersk Holding Company, this is not the first time the shipping giant company would be involved in cases of fraud-related activity across the globe.
Meridian Maritime S.A, a local maritime operator, sued Svitzer which is the Argentine subsidiary of the maritime giant and a member of the Danish holding company APM Moller Maersk.
Meridian Maritime S.A in 2016 entered into a joint venture agreement with Svitzer a subsidiary of the maritime giant APM Maersk on the deal that the local operator Meridian Maritime S.A would provide 20 percent of the capital and its experience, knowledge, and clients of the local market, while Svitzer, on the other hand, would provide 80 percent of the money and its international experience and knowledge. This joint venture agreement led to the formation of Madero Amarras S.A.
In the complaint filed in the commercial court No.8 in which the following stakeholders/managements were served, the CEO of the company Marc Nieder, its director Kees Van Den Borne, the company trustees Horacio Julio R.M and Luis Gustavo Cedrone, and also the company’s attorney in Argentina Nicolas Fernandez Madero, the plaintiff stated that the agreement reached with Svitzer has not been complied with.
Meridian Maritime S.A has accused the global tugboat port operator of fraudulently sidelining the agreement it entered with her by maneuvering the company’s activities. It alleged that since the maritime giant company gained access into the local market using the experience, knowledge, and expertise of the local operator they look for ways and means to sideline the local operator from its activities to keep the whole business to itself.
In addition to the suit filed by the minority shareholders, they also accused the company’s board of Directors of approving a false statement of account which was submitted by the management. Also, in the suit filed by the plaintiff Meridian Maritime S.A, it accused the board set up by Svitzer of financial mismanagement through unjustified expenses and awarding of contracts to companies abroad that are being controlled by Maersk group, the companies include Svitzer Caribbean Ltd, Wijsmuller, and others.
Judge Javier Consentino decided to intervene in the case on March 28. Judge Javier Consentino ordered the suspension of execution of what the board approved in its previous meeting of March 6 for not being in accordance with the third party’s right to information which denied them access to the company’s proper financial situation.
The Judge ruled in favor of the plaintiff in a bid to safeguard the stakeholders right. However, the judge also opted for a precautionary measure that will allow the company to intervene by a seer for 90 days, which may also be extended by the court.
Also, in 2017 Maersk was involved in a conflict that could have brought about a diplomatic meltdown when Federal Judge Enrique Lavie Pica banned the activities of government tugboats for illegal activities without approval on the Malvinas Islands.
The Justice objected to tugboats which Maersk awarded the tender in 2016 by the Ministry of Energy through its subsidiary, Svitzer.

Company Insurance Software – A Veritable Game Changer

A lot of traditional businesses are finding it difficult to cope with the rapidly changing business landscape. Things are changing so fast that companies that were massively successful a few years ago now find themselves struggling to stay afloat.

Why?

New technologies have created new buyer behaviors that businesses that have not quickly transited can’t just understand. Just a few years back taxis were a big deal. Today, Uber and other tech driven cab companies have totally turned that business upside down. This just shows how technology is changing the face of business.

Every aspect of the economy and every industry have been directly hit by this phenomenon rightly called disruptions because they really are disrupting the way things have been done. One can now stay anywhere in the world and book an Air BnB; hotels beware!

This disruption is not showing any signs of slowing down. If anything, it will get more aggressive with each passing day. How can businesses survive this onslaught?

Simple – Evolve or go Burst!

Our focus today is the insurance industry and the reality this industry’s players have to deal with if they will be able to flow with the tide and maintain their position of strength.

First, let’s as ask ourselves an important; how are new technologies developed? Do they just spring up?

The answer is simple – they are usually developed in response to a need or needs.

Given the answer above, we can therefore assert that any technologies that will be (or have been) developed for the insurance industry will be (or is) in response to an existing need. Can we identify any current needs that require attention?

Surely we can and we will. Let’s get to it. The Basis for a Technological Disruption in the Insurance Industry

There are a number of factors that have started to trigger technological disruptions in this industry. We will briefly look at a few of them.

A Changing Customer Base

This is an issue that B2C businesses are having to come to terms with and it is captured in one word – Millennials. First it was in the employment market that they had become the largest generation group taking over from baby boomers. These forced employers to begin to change the way they employ and manage employees.

So how does this affect the insurance industry and any other industry for that matter? To answer this question let us quickly look at some major traits of this generation group.

Millennials:

  • Are tech Savvy.
  • Need quick results.
  • Do not just take your word for it.
  • Love taking time going through their options (and they usually have a lot of those).
  • Will easily switch allegiance if trust is broken.
  • Are pragmatic and socially motivated.
  • Etc.

Let’s make do with these traits. How do these traits interact with the traditional insurance transactions?

  • Being tech savvy, they will easily be put off by all the paper work and physical meetings required to conclude transactions like the processing of claims.
  • Their need for quick results will get them irritated at the time it usually takes to go through some traditional insurance processes.
  • This generation does not trust corporations. Before doing business with an organization, they will likely read up on that organization and look for reviews from others who have dealt directly with said organization.
  • They are used to having a lot of options so you cannot rush them into signing up for a policy. They will usually want to check their options.
  • Remember that they don’t take your word for it and they have loads of options so when they do not get what you promised, they will quickly switch allegiance and ensure they let others know that you broke your word.
  • They are not scared to take an organization on even if it’s for something totally unrelated to the organization’s actual business. For example, a millennial can refuse to do business with an organization in protest of the gender representation of its general staff or management staff.

The points raised above forces businesses operating today to structure their operations to accommodate this now dominant generation.

Internet of Things

This is another major cause for disruptions on a whole lot of levels. We now have driverless cars, smart homes, AI and the likes. If a driverless car were to be involved in a car accident, who will be liable? Certainly the car manufacturer. The same goes for a smart home and other such new technologies.

What this has done is change the face of liabilities and claims. It also provides new ways of evaluating and processing claims and also setting premiums.

For example, a car insurance policy holder can have his/her car tracked to monitor its use and even its maintenance record. The insurance company can easily detect lapses on the part of the holder that can nullify the insurer’s obligation or increase the holder’s premium.

The possibilities are immense and the industry must brace up to meet them head on as they quickly unfold.

Big Data

In this age of information, no one does anything through guess work. Businesses know exactly how their target audience behave and so they design products that perfectly suit each one rather than having a blanket product for everyone.

This is especially true for this industry. With the increase in the use of big data analytics, insurers can now make use of these information to deal on a very personal level with each of their customers. This will include giving them personalized policies and premium rates.

Way Forward

All of the points we have discussed above may look scary and unreal for the unprepared. However, the truth is that some companies are already making the necessary adjustments to accommodate these changes.

Some insurers have adopted the use of an insurance company software that are helping them position themselves better for the task of serving this rapidly evolving market. Some of these software offers advanced and flexible features that help not just insurers but MGAs and brokers to step up their game.

Times are changing and they will keep changing a lot faster. Only those who can change as fast as or even pre-empt these changes will be the dominant forces in this emerging economy driven by technology and information.

Using the Bollinger band in 1-hour time frame

Indicators are often considered as blessings for new traders. If you can learn to use the indicators in a proper way, you can easily avoid the false trade setups. Sadly, the new traders are always making mistakes since they don’t know the proper way to execute a trade based on the indicators reading. In fact, they use too many indicators with a hope to find great trades. Though there are thousands of indicators which you can use, today we are going to discuss the Bollinger band indicator. Some of you might say, you know the proper use of this indicator but hold on, there is a twist. Instead of using the indicator in the daily time frame, we will learn to use it in the 1-hour time frame. Once you read this article, you can easily execute high-quality trades using this technique.

Facts about 1-hour time frame

Before you start to trade the 1-hour time frame, you need to know some facts. Trading the 1-hour time frame is extremely risky and you need to be extremely precise with your trade execution. Without having complete control over the emotions you are bound to lose money. However, if you promise not to break any investment rules, you can easily make a huge profit by using the Bollinger band indicator in the 1-hour time frame.

Loading the indicators

If you load the Bollinger band in the indicator in the 1-hour time frame, you can easily spot the dynamic support and resistance level. But spotting those levels is not enough to ensure your profit. You have to rely on a simple price action confirmation signal to trade the upper and lower band. Before you dig deep into the price action signal, make sure you never use the Bollinger band indicator trading strategy in the event of high impact news. Most of the time the market tends to break above or below the dynamics levels on the event of such news. Even the pro traders who prefer CFD trading at Saxo stay in the sidelines during such events.

Use of multiple candlestick patterns

Some of you might think, you need to use the price action confirmation signal to trade the major bands. But do you really think this will help? If you trade the market by using the single candlestick pattern, chances are high you will lose money. You need to use multiple candlesticks to spot the potential entry and exit point. The pro traders prefer to use the bullish morning star and bearish even star pattern to trade the dynamic bands of this indicator.

Execution of the trade

Once you find the perfect trade setups at the dynamic levels of the Bollinger band indicator, you need to assess the risk-reward ratio. Your first take profit level would be the mid-band of this indicator. If the risk-reward ratio is less than 1:2 you should never execute the trade. Remember, you are trading the market using the dynamic support and resistance level. So, the chances are high that the market will break the dynamic levels without any prior notice. So, never trade the market with a 1:1 risk-reward ratio. In fact, the pro traders in the United Kingdom prefer to trade with 1:3+ risk-reward ratio since it allows them to recover their losses very easily.

Dealing with the losing trades

Though the 1 hour Bollinger band indicator trading strategy is extremely profitable, still you need to prepare yourself face the losing trades. Regardless of the market condition, you should never execute any trade with more than 2% risk. Learn more about risk management policy since it will help you to make a profit in the long run. If possible, use multiple time frame analysis to find out the long term prevailing trend. Execute the trade in favour of the market trend to reduce your risk factors.

A Beginner’s Guide for New Enduro Fans

If you just started riding bikes, you need to know how to choose the right gear for this new adventure. Head and knee injuries are the most common forms of accidents associated with riding motorcycles. A study published by Dietmar Otte found that 45% of all impacts caused by bikes occurred in the head. The body is not designed to withstand the impact caused by motorcycle accidents, making it essential to wear protective gear. When you are buying motorcycle gear, it’s not just about how well it protects essential body parts but how suitably it fits. The text goes on to explain how to choose the right gear for your bike and critical aspects to consider:

Select the Ideal Gear for Your Discipline

Are you an endurance, motocross or supersport racer? Motorcycle sports involve a vast range of racing activities and each kind demands unique gear. A motocross racer, for example, needs lightweight, highly ventilated gear that can withstand long racing sessions. However, racers signing up for an enduro tour, which involves brushing the body against tree limbs, climbing hills and falling on rocks, should consider enduro-specific gear. Extreme enduro racing is quite tasking as racers are required to race on extremely rough terrain. Sometimes, it is challenging to find enduro-specific equipment as many manufacturers focus on the sale of regular motorcycle gear. Here is some essential gear you should have:

• Hand-guards: If you are buying open-type hand guards, be sure to get some clutch levers and spare brakes.

• Buy a good GPS steering bar case and practice how to use it during training

• Avoid non-breathable waterproof gear

• Carry plenty of gloves: both light and durable types.

• Buy soft steering grips

Choose a Dirt or Adventure Jacket

They are also known as ADV jackets and are available in two types- bring your-own-layers and an all-in-one jackets. All-in-one adventure jackets have a thermal liner and a waterproof layer hence, suitable for use during all kinds of seasons. The premise for this construction is that the user can adjust the jacket to fit the current season. The Leatt ADV jacket from 24mx, for example, has detachable sleeves and is designed for use during warm and cold weather. Bring-your-own layers jackets are made of a dirt armoured shell that is fitted with a waterproof layer. The waterproof protection has direct vents that come in handy during warm weather. Racers often invest in a separate base and mid-layers, and this depends on the weather.

Buy a Helmet that Fits Well 

The helmet should not be too loose or tight. A loose helmet leaves a gap that causes your head to move upon impact. Extremely tight helmets may lead to headaches, especially if worn during long racing sessions. For enduro-racing, you need to look for adventure-specific helmets. The helmets have a reinforced peak that reduces wind buffeting and have broader face shields for use with or without goggles. They also vent better than the regular street helmets. However, if looking for helmets that will tackle off-road racing, buy a dirt bike type.

Learn about Stop Loss and Other Risk Management Tools at Vestle

Today, we’re going talk about everyone’s least favourite topic: Risk. There’s nothing appealing about risk, right? It sounds unpleasant and has a dangerous ring to it. However, the truth is that when you invest in global financial markets, risk – or, more accurately, managing risk – is your best friend.

Anyone who is telling you that investing is all about profits without mentioning losses is selling you something. Every experienced investor loses – some more than others. How do investors handle risk? Not by ignoring it, but by managing it.

So, how do you manage risk? Well, if you’ve attended one of the Vestle video courses, you already know that leading brokers provide traders with useful risk management tools, designed to assist them in making smart, balanced trading decisions. Here are just 3 popular examples of risk management trading tools.

1. Stop Loss

Automatic market orders allow traders to manage their open trades around the clock. By setting Stop Loss orders, you dictate a specific rate at which a losing deal will close – essentially saving you from excessive losses. Stop Loss has many advantages. It allows you to better manage multiple deals, have more extensive control of your investment funds and take action even when you’re not online. This is especially important to traders who diversify their portfolio and hence could end up investing in markets that are active in very different hours.

Does this trading tool have disadvantages? Of course it does. For starters, it doesn’t protect you from slippage – a dramatic change in price that is either too quick to monitor or takes place when the market is closed. Another disadvantage is that Stop Loss can work against you. If you set it at the “wrong” rate – too high or too low – you will either end up with substantial losses or your deal will close before it has a chance to recover and develop.

It’s not enough to know this trading tool. You should also take the time to learn how to use it correctly.

2. Negative Balance Protection

Negative Balance Protection is not really a tool, but rather a policy, and nowadays it’s also a regulatory requirement. What is this policy about? It simply states that traders’ accounts cannot go into minus – ever. It doesn’t matter how volatile the market is or if you remembered to set a Stop Loss order. You will never lose more than the money that you have in your balance and you will never owe your broker money. 

This is a very valuable risk management tool because it means the investors can decide how much they are willing to risk in advance, and protect themselves from extreme volatility and changing market conditions. Needless to say, this is especially important for CFD traders, who usually use leverage. True, leverage increases your trading power, but it also increases risk, making even slight market movements crucial for the development of your open deals. 

Luckily for traders, today, all regulated brokers must offer Negative Balance Protection, so all you need to do is ensure that you choose an FCA regulated broker. 

3. Information

What?! Is information a risk management tool? Of course it is. The world today is not driven by oil, but by information, and for traders, knowledge can be just as valuable as charts of features. Traders have to get to know the instruments they invest in, take the time to learn about factors that affect the market and follow financial news on a regular basis. Even technical analysts who are more focused on charts need to take the time to boost their knowledge about different strategies and indicators. It doesn’t matter how experienced you are or how much knowledge you have, the technology keeps advancing, the markets keep changing and you should always take the time to widen your perspective and gain additional insight.

Where can you obtain information? It’s freely accessible in just about any format you can imagine. We already mentioned financial news sites, but there are also online articles, investment-focused portals, blogs, audio books and – if you prefer – video tutorials. You can take advantage of video tutorials such as the Vestle video courses, watch short trading-related clips or use a Demo Account to gain practical knowledge. Through information, you’ll be able to learn how to use available trading tools, develop your risk management strategy and make better informed, smarter trading decisions.


The materials contained on this document have been created in cooperation with Vestle and should not in any way be construed, either explicitly or implicitly, directly or indirectly, as investment advice, recommendation or suggestion of an investment strategy with respect to a financial instrument, in any manner whatsoever. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.9 per cent of retail investor accounts lose money when trading CFDs with Vestle. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Any indication of past performance or simulated past performance included in this document is not a reliable indicator of future results.

Full disclaimer: https://www.vestle.com/legal/analysis-disclaimer.html

A Congolese collector’s crusade to return African art home

Those visiting IncarNations at the Bozar museum in Brussels may have noticed an unusual addition at the heart of the exhibition: two walls covered with photos of African art smuggled out of the continent. 

Writing in La Libre Afrique, Karin Tshidimba describes the scene: “From floor to ceiling, photographs of works of art follow one another, accompanied by small identity cards: description, size, material, origin, region, tribe, locality, name of the artist, period … Some cards are very detailed, others a little less.”

The aim of this space is clear: to remind visitors that the quest to return African art to its homeland is still ongoing.

Co-curated by South African artist Kendell Geers and Congolese collector Sindika Dokolo, IncarNations: African Art as Philosophy seeks to showcase the diversity of African art through an Afrocentric point of view.

All the works in the exhibition are taken from Dokolo’s private collection – the largest of its kind in the world. His foundation, the Sindika Dokolo Foundation, was set up in 2006 to help develop African culture and promote contemporary African artists and their art to the world.

Dokolo is a man with a mission, and that mission is to return what was wrongfully taken. Last October, he announced the repatriation of six major pieces of art to Angola, with four more to follow soon.

Speaking with Tshidimba, Dokolo said the purpose of the installation at the heart of Bozar was to create a call to action and show “show that things are progressing so that the restitution becomes something normal. Mindsets evolve.”

Dokolo continued: “We know who owns the works and we know who they are. These are people who have done a lot for African classical art and who have phenomenal collections. Today, we tell them: all we want is to be able to negotiate a moral charter. If they want to sell they give a right of first refusal (right of first refusal) to African collections, including mine… These works are the ghost memory of Africa: this amputated limb that we continue to feel and that continues to make us suffer.”

IncarNations opened on 28 June and will run until 6 October 2019.

Jürg Widmer Probst talks 5 top tips on storing wine correctly

Unless you’re sitting reading this from an armchair in your purpose-built, temperature controlled wine cellar, the chances are you store wine like the rest of us do. White in the fridge. Red in a cupboard or a wine rack on the sideboard. 

But the way we store and keep wine is very important and can really affect the final drinking experience. This is particularly the case if you’re planning on laying down a few bottles for a long time as a future investment. Poorly stored wine is not good for your potential returns.

So, with that in mind, here are just a few of our top tips on how to store those precious bottles.

1. If you’re serious about wine collection, get a serious set up

Most of us will buy wines that need to be enjoyed relatively soon. The longest we’ll store wines for is a few years, if we can resist the temptation to open them. But for those of you who are looking to spend more on classic vintages that will age over longer periods, then you need to invest in your storage too. 

This will most likely involve building a cellar of some sort. It’s the best way to control the three key factors – humidity, light and temperature – that will make or break your wine. 

The system should store your wine in an environment that manages all of these variables, as well as holding the bottles in a tilted position that means the cork won’t dry out. The average cost of a walk in cellar is around $40,000 dollars – so make sure the wine you’re buying is worth it!

2. Understand the importance of heat, light and humidity

Even with the most basic set up, you need to take those three factors we’ve mentioned into account. Too much warmth (over 21ºC) speeds up the ageing process. Too cool, and it’s likely the cork will dry out. Once that happens, the air gets in and your wine is in serious trouble. 

Humidity is also important, again because it stops the cork from drying out. And wine should always be stored somewhere dim. The key with all of these variables is not to worry too much, but instead to aim for maintaining them all at steady level. Wine loves consistent conditions, and can put up with a lot as long as things remain relatively stable.

3. Try not create too much vibration

This factor is a lot less important than keeping your wine in a cool, dry and dim place. But it does have an impact on the sediment and the way that the wine ages, so try not to keep your wine somewhere where it is likely to get shaken. 

4. Lay the bottles on their side

Two really simple reasons for this. One, it keeps the cork moist. And secondly it is just a lot more efficient way to store bottles in terms of space.

5. And if you haven’t got a cellar, don’t panic!

We don’t all have a cool, dark cellar to store our wine in. So, you’ll need to improvise. Pick a room where there aren’t dramatic changes in temperature, and find yourself a good rack that has plenty of room for your growing collection to expand into. Garages are good, but watch out for frosts. 

And if you’re keeping your wine indoors, then you might need to invest in a wine cooler to combat the effects of any central heating.

Jürg Widmer Probst

The Ministry of Finance of the Republic of Uzbekistan is seeking a partner for a joint venture – an electronic procurement system

The State Unitary Enterprise Information technology centre of the Ministry of finance of the Republic of Uzbekistan (hereinafter referred to as the SUE ITC) announces the opening of applications for participation in the competitive selection for the joint establishment of the enterprise — the operator of a specialised information portal. The venture will provide services to the subjects of public procurement related to the organisation and conduct of procurement procedures, and making announcements, applications and other information on public procurement and their outcomes available on a special information portal.

This project involves the implementation in the format of long-term cooperation of the SUE ITC and the business to solve socially significant tasks on mutually beneficial terms. The joint venture involves the consolidation, pooling of resources and investments of the parties for realisation of the project to convert public procurement to electronic format.

In accordance with the Rules, applications for the competition are accepted from companies that have experience in the field of electronic procurement and the introduction of a classifier of goods (works, services), as well as in the development of complex information systems, in the design, creation and successful operation of electronic system modules for competitive tenders, auctions and other procurement procedures.

Mandatory criteria for evaluating applications for participation in the competition:

  • Evaluation of the experience and reliability of the company
  • Evaluation of the technology platform
  • Evaluation of the commercial proposal.

Competitive documentation is available on request. To obtain documentation in electronic format, you must send a request to the email address: oinoyatov@mf.uz.

Proposals must be submitted no later than June 28, 2019 (Tashkent time GMT+5) by email, postal courier or fax to: Ministry of Finance of the Republic of Uzbekistan, Tashkent city, 29, Istiklol St.

Submission of proposals in electronic format to the email: oinoyatov@mf.uz.

Tel: +998 97 740-00-42.

Proposals sent to another email address will be rejected.

Please indicate on a sealed envelope or in an email header: “Proposal for the establishment of a joint venture for the implementation of an electronic system of public and corporate procurement.”

Your Proposal must be drafted in Russian and be valid for a minimum period of 90 business days.

In preparing the Proposal, you are responsible for ensuring that it reaches the addressee within the specified time frame. Proposals received by the ITC of the Ministry of Finance after the above period for any reason will not be considered.

If you send the Proposal by email, you must ensure that it is signed and saved in pdf format, free of viruses or damaged files.

Please note that regardless of the results or procedure for the selection process, the ITC of the Ministry of Finance is not obliged to accept any Proposal, to issue a contract or purchase order, and is not responsible for any costs associated with the preparation and submission of the Proposal.

Thank you for your understanding. We look forward to your proposals.

A beginner’s guide to white wine by Jürg Widmer Probst

We’re huge fans of white wine here. What could be better than a fresh, zesty glass of top notch Pinot Grigio on a hot summer’s day? White wine can be complex and subtle, or as rich, complex and fruity as their red counterparts.

But it can also be hard to know where to start – the choice of grapes and variety of producers is almost endless.

So, here is our quick guide to white wine for beginners.

The basics

There are a huge amount of white wine grape varieties, but Chardonnay is by far the most common. Originally from France, this variety delivers a real range of tastes. From dry, un-oaked Chablis to the fuller flavoured Californian and Australian wines, this is a truly versatile grape variety.

In our view, one of the best recent whites based on this grape is the Mi Sueño ‘Los Carneros’ Chardonnay (2015), out of the Napa Valley, California. With hints of pear and vanilla, it is just perfect for a long, warm summer evening on the terrace.

Pinot Grigio grapes meanwhile produce a crisp wine with a citrusy flavour that is beautifully refreshing. There are countless producers, many of whom are high quality, but one of our favourites has to be the Bellarine Bay Pinot Grigio (2018) from South Eastern Australia. It’s crisp and refreshing and exactly everything that a good Pinot should be.

Finally, Sauvignon Blanc grapes are very popular with New World white wine producers, and can produce a wonderfully fruity flavour profile. Our top pick? It has to be the Klein Constantia Sauvignon Blanc (2016) from South Africa. This is a white wine that’s full of life – a perfect blend of apple and sweet fruit flavours. Just gorgeous.

Choose your white wine taste experience

What are you looking for in a white wine? Something bold, or something light? Something with a citrusy feel, or a dryer taste?

As a rough guide, the most common white wines can be divided up in a few different ways:

  • For a light and zesty experience, try a chablis, a chenin blanc, a pinot grigio or a pinot blanc.
  • For something a little bolder, we recommend a white rioja, or a chardonnay. Marsanne is also beautiful.
  • And if you want a white wine to go with your sweet dessert, then try a madeira, or even an ice wine. This wine is produced when the grapes are actually frozen on the vine and then pressed.

This last one is an acquired taste, but as with all white wines, it’s well worth experimenting with!

Jürg Widmer Probst

How technology can help you to manage your health in 2019

Recent developments in technology have made it much easier for us to track our health and improve our wellbeing. Now, with a simple app, we can track our fitness and use this downloadable data to help make improvements where necessary. How else can technology help us to enrich the way we live and improve our health in 2019?

Online prescriptions save time

Heading into the pharmacy no longer needs to be that painstaking task that it always has been. Many pharmacies now offer online pharmacy services that enable patients and customers to sign up online, make appointments and order repeat prescriptions. Once the order is made, the order can either be picked up from the pharmacy or delivered to a destination of choice.

A similar function is available over phone lines, too, making it easier for people who aren’t that computer-savvy to get their medicine. This gives people who could be too sick to leave the house an opportunity for independence, as they can arrange their own prescription and have it delivered to them with this hassle-free service.

Meditation and fitness apps

Nowadays, it seems like every single one of us has access to a smartphone. While many of us use our phones to keep in contact with friends or check up on social media, our smartphones are a great place to use meditation and fitness apps.

As the increased awareness surrounding mental health firmly grips 2019, meditation apps grant access to a whole new demographic of user, allowing them access to this type of treatment.

Furthermore, there’s an essential range of fitness apps used by runners looking to monitor their heart rate and the number of steps they have run. This is great for people looking to perfectly map out their fitness journey and improve the way they live through lifestyle and fitness.

Calorie counting apps

Staying on the theme of smartphone apps, we’re moving swiftly onto that of the calorie-counting app. Apps of this type are perfect for people who might be on a diet and looking to monitor their intake and the types of foods they are eating.

It’s often the case that these apps show detailed information on the exact areas of consumption where the individual is lacking, maybe signalling them to eat more carbohydrates or cut down on their saturated fat. These easy-to-use apps are perfect educational tools that help people to improve their diet and health in a way that is effective and simple to understand.

More efficient gym equipment

In the last ten years or so, the number of people attending gyms really seems to have skyrocketed. Whether this is down to increased awareness surrounding the importance of health and fitness or the increased pressures to look and feel good is unknown; however, what is for certain is the quality of equipment on offer.

No longer are gyms filled with rusty free weights that can easily cause injury; equipment is targeted to certain muscles and designed to outline to the user the best methods of use and how to get the most out of the equipment. It’s this sort of in-depth technology and research into the human physique that has spurred many gymgoers to wholeheartedly improve their health. There are many significant methods that technology can use to improve our health, and who knows what technological changes will come our way in the coming decades and centuries? Maybe health scares will be a thing of the past?

Latest Posts