In the modern world of high-tech innovations, businesses and industries thought to be immune are striving to adapt;otherwise, they will die. This is an unprecedented reality. Peter Diamandis, an author and futurist, has recently hosted the "Abundance 360 Summit." The conference has been organized for the past 4 years, and this year's theme was "the future is better than you think."
What Did A360 Show?
Inspired by Moore's Law, the conference aimed to show that technologies are being impacted by exponential growth these days. Moore's Law has to do with an observation made by Gordon Moore, Intel co-founder, in 1965. According to it, the number of transistors the industry would place on computer microchips would double each year, causing this trend to turn into the foreseeable future.
At "Abundance 360 Summit", top experts profoundly discussed 7 technologies. These includedAI or artificial intelligence,drones, materials science, robotics, sensors and networks, 3-D printing, andvirtual and augmented reality (VR and AR). Interestingly, all of the mentioned technologies are going to influencethe dietary supplement industry.
Experts in the field note the following applications will emerge in the next 2 years:
- Finished mixed-material devices featuring rubber and wiring
- Human organs and tissues, which are already happening with animal organs
- Personalized nutrition and food
- Printed shoes and textiles
The supplements industry is going to potentially change. Merchants operating in the supplements market should consider turning to a trustworthy merchantaccount provider to successfully conduct their business online. Be aware, most mainstream processors and traditional banks will not take on vitamin-supplement merchant accounts.
The Future of the Supplements Industry
Merchants in the industry need areputable payment processor like eMerchantBroker.com that specializes in this type of business, and can ideally protect your business from fraud. eMerchantBroker will not penalize your business for incurring fraudulent charges or chargebacks, as EMB knows it is just part of your high-risk business.
EMB is the number one high-risk merchant account provider in the US, anddoes its best to minimize any risks, and help you inform your clients about any possible risks. With EMB, you can get a secure and low-cost vitamin supplement merchant account to grow your business.
The 3-D printing is going to bring an incredible change in the form of "personalized nutrition" to the supplements market. Your health information is going to be continually tracked, uploaded to the cloud, and then mapped to your personal DNA or genome. The data is then expected to interact with a huge information databank on food, dietary supplements, nutrition, and their ingredients.
So you're going to have supplements specifically designed, completely personalized,and 3-D printed just for you. The digitization of all of the world’s information on dietary supplements and their ingredients will open up doors for finding solutions to challenges concerning companies and branding, data- and software-driven 3-D printers, and more.