This module is a sensor package for monitoring the electrical activity of the heart. It is the product of an effort to create a Wireless Body Sensor Network node that is dependable while consuming very little electricity, which means a longer battery life. To accomplish this, the microcontroller in charge of the node compresses the data (not usually done with wireless ECG hardware) so that the radio transmissions are as short and infrequent as possible.
[Igor] sent us this tip and had a short question and answer session with one of the developers. It seems they are working with the MSP430 chips right now because of their low power consumption. Unfortunately those chips still draw a high load when transmitting so future revisions will utilize an alternative.
Oh, and why the iPhone? The device that displays the data makes little difference. In this case they’re transmitting via Bluetooth for a real-time display (seen in the video after the break). This could be used for a wide variety of devices, or monitored remotely via the Internet.