00:35 Intro to Tritan and what they do
02:18 Discussing the opportunity of working with Cruise lines
02:55 The power and convenience of wearable's
04:11 What is the path to revenue?
04:48 The long term strategy of wearable's
06:20 Be sure to share your questions
Visit our Website:https://www.tracesafe.io
Join the Conversation on Telegram:https://t.me/Tracesafe
Hey everyone. Thanks for joining. Of course, back here with Wayne, we got an insane announcements. Here, I'm going to read it word for word Tracesafe named preferred partner of Tritan software working with 95% of cruise lines. , first things first. Congratulations, Wayne. , secondly, how are ya? , and then, , we'll hop into it.
Thanks, Jason. Appreciate it. Doing great. Thanks for having me.
Oh, good. Good. Well here look, do you want to intro it? I'd love to give you the thunder. I don't want to take it from you guys again. Congratulations. we'll talk about what this means for Tracesafe, but do you want to intro, Tritan a little bit and we'll go from there?
Absolutely. So Tritan is the primary vendor in the HIPAA compliant, medical records business and the cruise ships, all of these cruise ships, you have people, in varying degrees of health going on vacations and you need a way to track their medication, and everything to do with their health. And so Tritan is the, is the main platform that serves 95% of the cruise industry. That includes princess Norwegian, Viking cruises, a lot of the biggest names in the industry. And so we've become their preferred partner, for the contact tracing. the us center for disease control has released, an all new, protocol health protocol. And we're working really closely with Tritan to address all that stuff. We are already on several of these ships and pilot, programs. nobody's really sailing. They're all still in dock and still testing out all the health protocols, but this is a massive step for our company. it really addresses the entire cruise ship market, working with a player like Tritan. And honestly, cruises are a very complex business where, you need that local guidance, you need that expert guidance to help you navigate the industry and Tritan, is that perfect partner for us?
Yeah, no. Awesome. Obviously, we've been talking about, what's the blue sky for Tracesafe and so on and so forth that we'd see it cause we were talking about it. Cause we see questions and personally I think cruise lines is a huge extra Avenue. Do you want to talk, and I'm curious for, for questions that are going to come, obviously you guys are already doing a ton of stuff from an events and points. we just did the juniors and so on and so forth. And now the cruise lines, you want to talk about how much bigger of an opportunity maybe there is with cruise lines, compared to what you guys were doing before. How big of a step this is for Tracesafe and for the company?
Well, it's huge. I think this represents just a first step in that arena, the cruise and hospitality businesses and multi multi multi-billion dollar industry. And there's a lot of interesting avenues to address in the wearable space there. the catalyst is obviously contact tracing, but that's really step one. you think about once you have a wearable introduced into the mix, it enables so many more things. So you can do payments, you can do access control for rooms and you can really start creating a product that becomes the center point of a guest experience that for the cruise industry and hospitality business really elevates their user, their guest experience and makes it more enjoyable. So, you see something like this with Disney, Disney has their magic band and it really becomes something that's makes everyone's trip better because it's this thing that does multiple things and helps you get on the, on the rides and, access interfaces with the food and beverage. So it's really exciting. I think all of those opportunities are ahead of us and working with a partner like Tritan is the first step in going in all of those exciting directions. So we're super, super pumped about the opportunity and how big the market is and to be working with the biggest players in the industry.
Yeah, no. Awesome. Like your, a question and, I know you probably don't have a set answer, but I'm going to ask it anyway. for people are going to ask him, what does this mean from a money standpoint, back to the company, is there any insight, can you talk about, the path to revenue, for something like this and where you see it going perhaps?
Well, I think one of the questions we get all the time is, what happens after COVID we never anticipated that we would be sort of considered a COVID stock. We're always aware of will, a technology enabled wearable that could enable a lots of things. these omni-channel access control, payments, contact tracing, is a part of that story. But what I think people would be surprised to learn is how long-term these cruise lines are