A system for minimizing the risk that a cognitively impaired individual will wander or elope and for locating the individual in case he or she successfully wanders or elopes, the system comprising: a wearable appliance, securable to the cognitively impaired individual, electronically tethered to a primary smartphone of a caregiver of the cognitively impaired individual via a plurality of electronic tethers comprising a first electronic tether limited by a first range, a second electronic tether limited by a second range and a third electronic tether limited by a third range, wherein the third range is greater than the first range and the second range, the second range is greater than the first range, Bluetooth connectivity establishes the first electronic tether, Wi-Fi connectivity establishes the second electronic tether and cellular connectivity establishes the third electronic tether, wherein a break in the first electronic tether causes the wearable appliance to communicate with a website by means of the Wi-Fi connectivity or the cellular connectivity thereby transmitting location data indicative of the present location of the wearable application to the website such that the transmitted location data is received by the website, the website is configured to then push the received location data to the primary smartphone by means of one or more push notifications, the pushed location data being integrated into a moving map application programming interface display for real-time display, via the primary smartphone, of the present location of the wearable appliance, the break in the first electronic tether also causes the primary smartphone to establish a link with the website and pull location data indicative of the present location of the wearable appliance and, optionally, the primary smartphone is configured to initiate push notifications to one or more secondary smartphones that are usable to assist in locating the wearable appliance, and if the wearable appliance is unable to connect to a known Wi-Fi Access Point, then the wearable appliance is configured to switch to Access Point Mode thereby establishing the second electronic tether and functioning as a locating beacon to assist in acquisition of the present location of the wearable appliance, and, when the Wi-Fi connectivity is not available, the wearable appliance relies on the cellular connectivity for Internet connectivity to communicate with the website, and the website employs cloud server architecture and is configured to function as intelligence for dynamic usage of the received location data such that processing duties executed by the wearable appliance and the primary smartphone are minimized and battery power consumption by the wearable appliance and the primary smartphone is minimized. a wearable appliance, securable to the cognitively impaired individual, electronically tethered to a primary smartphone of a caregiver of the cognitively impaired individual via a plurality of electronic tethers comprising a first electronic tether limited by a first range, a second electronic tether limited by a second range and a third electronic tether limited by a third range, wherein the third range is greater than the first range and the second range, the second range is greater than the first range, Bluetooth connectivity establishes the first electronic tether, Wi-Fi connectivity establishes the second electronic tether and cellular connectivity establishes the third electronic tether, wherein a break in the first electronic tether causes the wearable appliance to communicate with a website by means of the Wi-Fi connectivity or the cellular connectivity thereby transmitting location data indicative of the present location of the wearable application to the website such that the transmitted location data is received by the website, the website is configured to then push the received location data to the primary smartphone by means of one or more push notifications, the pushed location data being integrated into a moving map application programming interface display for real-time display, via the primary smartphone, of the present location of the wearable appliance, the break in the first electronic tether also causes the primary smartphone to establish a link with the website and pull location data indicative of the present location of the wearable appliance and, optionally, the primary smartphone is configured to initiate push notifications to one or more secondary smartphones that are usable to assist in locating the wearable appliance, and if the wearable appliance is unable to connect to a known Wi-Fi Access Point, then the wearable appliance is configured to switch to Access Point Mode thereby establishing the second electronic tether and functioning as a locating beacon to assist in acquisition of the present location of the wearable appliance, and, when the Wi-Fi connectivity is not available, the wearable appliance relies on the cellular connectivity for Internet connectivity to communicate with the website, and