Problem: Being a parent is hard, especially when you’re a new parent and your kids are babies. This part of life is ridden with anxiety and not many tech-enabled solutions.
Solution: A pacifier that collects saliva samples, temperature data, and other health data from babies to provide parents with insights into their children’s health. Saliva can reveal quite a bit as can temperature data (Pacif-i, now defunct, was a first step into this field). The company could eventual grow to become a full-fledged IoT baby business.
Monetization: Parents buy the IoT pacifier. Upgrades to “unlock” more advanced data about their baby.
Contributed by: Billion Dollar Business Ideas