- Phil Carey
- Jul 28, 2019
- 1 min read
Updated: Jun 15, 2020
Imagine you own a unique technology, that can survive temperatures as low as -190c and so far, you have no competition.
That's the claim by Bluechiip Technologies (ASX:BCT), which has developed a tiny chip sensor that can monitor things, particularly biological samples, at extreme temperatures.
Bluechiip is a developer of IT-based temperature and identification tracking solution for the health and life sciences industries. Bluechiip’s claims its patented system, represents a generational change from current methods, such as hand written and printed labels, barcodes and Radio Frequency Identification (RFID).
According to Managing Director, Andrew McLellan, there are no other devices like the Bluechiip, currently on the market.
So how big is that market?
When will Bluechiip start to make a real sales dent in the market?
What could Blueechiip be worth? I caught up with Andrew McLellan, to find out.
​We do not recommend or advise to buy or sell shares in Bluechiip. The InsideMarket Private Fund does not own shares in Bluechiip at this time, nor have we received any payment from the company for this coverage. Disruptive technology stocks should be considered very speculative, high-risk, and very volatile. There are significant risks inherent in developing new technologies that are not discussed here. You should always seek professional advice before considering any share purchase or sale. Please read our full disclaimer.Â
