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Thursday, Apr 25, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Cyber Security

Identiv platform wins Fast Company Innovation by Design Award

The Fast Company innovation by design awards honor the designers and businesses finding resolutions for today’s crucial problems.

Fast Company
Photo by Nick Fewings via Unsplash

Identiv’s (NASDAQ:INVE) digital health solution won the 2022 Fast Company Innovation by Design Award in the Packaging category and was recognized as an honoree in the Accessibility category.

The app uses Identiv’s near field communication (NFC) technology, and includes an optional scanner for the radio frequency identification (RFID) labels attached to prescription packaging.

“A common theme among this year’s Innovation by Design honorees, which range from healthcare interfaces to autonomous driving technology, is permanence. The products that leaped out to our editors and judges went against our quick-fix consumer culture, while also manifesting a more inclusive vision of design,” said Brendan Vaughan, editor-in-chief of Fast Company.

Identiv platform includes RFID and NFC, cybesecurity and a plethora of options for physical access, video and audio security. Based in New York City, Fast Company’s brand revolves around business, innovation and design. Fast Company is a property of Manueto Ventures.

The app was the result of a collaborative effort between a national pharmacy and the American Council for the Blind (ACB). Patients can use it to read their prescription information both clearly and aloud to avoid confusion.

The app would read important information like the patient’s name, medication name and directions for taking it, in either English or Spanish. This ensures the patient is taking the right medication at the right time and in the right amounts.

Fast Company Innovation by Design

The Fast Company Innovation by Design Awards will appear in the October 2022 issue of Fast Company and the current digital edition. The awards honor the designers and businesses finding resolutions for today’s crucial problems and looking ahead to the future. The awards include 46 categories across all industries. The 2022 honorees include 600 projects, products and services from companies like Airbnb, Google, and Kaiser Permanente.

Read more: The Mugglehead technology roundup: computer age edition

Read more: IceCure Medical aims to bring cold cancer treatment to Vietnam

The judges represent a multidisciplinary approach from multiple different industries, as well as Fast Company’s own writers and editors. Judgement criteria include innovative approaches to use, originality, beauty, sustainability, user insight, cultural impact, and business impact.

The RFID tags, reader and encoding tech were the principle draw for Fast Company’s attention. Also, the RFID technology behind the platform acts as data storage for the patient’s medical history.

“We’re very honored to receive this Fast Company award for making healthcare more accessible. Digital health accessibility is an important initiative at Identiv. The easy-to-use technology behind this digital health solution allows for greater medical independence for all patients. We’re dedicated to building more empathetic designs that will continue to provide transformational experiences in everyday lives,” said Dr. Manfred Mueller, COO of Identiv.

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