BAMBOO: Bring Health Insurance For Every One

Blockchain technology set to revolutionize health insurance sector. However, what is blockchain? Also, what are the potential upsides and drawbacks of the technology?

Blockchain is a new data structure introduced the world in 2009. Being a digital record of transactions between systems of computers, the blockchain permits every member to safely manage their own data, without the need a central authority.

The key qualities of the blockchain include:
• Consistent availability
• Strong data reliability
• No central authority
• Transaction transparency

Not exclusively does the blockchain offer insurers a secure platform to store private health data and payment plans, it gives policyholders access to those records.

ABOUT BAMBOO PLATFORM
BAMBOO is a unique blockchain-based platform which combined artificial intelligence, machine learning, internet of a thing and blockchain technology to deliver new development in the health care services. Bamboo platform aims to offer massive insurance to all participants of its system.

The Bamboo platform have demonstrated relationship between the insurer and stakeholders in which both parties mutually benefits via sharing of ideas in order to improve the health insurance sector. Bamboo poses to drastically reduce the health insurance gap as well as increase health insurance awareness throughout the community. Insurance plays a vital role in bridging the health gap by providing financial assistance in the event of unexpected medical expenses.

KEY FEATURES OF BAMBOO PLATFORM
1 A Mobile App for users of the platform to offer health plans based upon the proposed alternatives for issues. The application will be accessible not exclusively to customers, yet in addition to food producers and health workers. The application will utilize blockchain and artificial intelligence for data storage as well as data processing respectively.

2 Smart contracts with help health insurance on the Ethereum blockchain to prevent any possible threat of fraud and automate the processes.

3 BAMBOO have partner with many healthcare provider, developed a brand through various marketing strategies.

4 Bamboo is using smart device to develop medical screening.

5 Provide support for food inspection teams.

OPERATIONAL MODEL OF BAMBOO PLATFORM
• Bamboo will reduce insurance premium through sharing of data with healthcare providers to enable them offer a better health service and diagnostics that will lead to faster and better health treatment.
• Bamboo will create an ecosystem that will enjoy equal and fair access to any healthcare system of their choice irrespective of their income by introducing variety of subsidizing systems that are appropriate for all.
• Bamboo will influence how foods are produces, process, warehouse and distributed fully bearing in mind, the nature of farming practices is different, durability of some foods and storage method are quite differs too.
• Bamboo will developed an ecosystem based on blockchain where healthcare providers, health insurer, users/patients come together in a platform and share ideas and propose new laws, regulations, guidelines, operating standard with the end point of profiting the entire ecosystem.
• Bamboo will create an avenue where it will have continuous chat with user by controlling their eating habit and encourage them to eat healthy foods as most of the health problems they have are self inflicted largely from what they eat.

ADVANTAGES OF BAMBOO PLATFORM
The steady collaboration of the system with its users enable to eradicate conflicting and false relationship between Bamboo and her clients, additionally to remove the consistently increase in cost of health insurance, and also offer better services

The creation of mobile biometric centers across the region will facilitate better health insurance services. Prospective Bamboo users can easily have access to any insurance policy of their choice and equally have easy access to their health records without travelling a long distance each time the need the arise.

Token Economy
Bamboo have developed her own token called BBO Token, the token was based on ERC-20 standard.The total supply is 1,000,000,000 BBO, initial price is around $ 0.04 - $ 0.20 (Depending on phase) while Softcap is $ 2,000,000 and Hardcap is $ 10,000,000.

CONCLUSION
BAMBOO has couples of benefits and they all depend on the availability of services provided by the system. The platform has taken a giant step toward bridging the gap in the health insurance and users in the developing countries and Asian countries.

Useful links to the project
Website: http://tokensale.thebamboo.io/
White Paper: http://tokensale.thebamboo.io/
Twitter: https://twitter.com/thebambooio
Facebook: https: //www.facebook. com / thebamboo.io /
Telegram: https://t.me/thebambooio
ANN Thread: https://bitcointalk.org/index.php?topic=5171420.msg52032907#msg52032907
YouTube: https: // www. youtube.com/channel/UCRwiPq3T0ekHQ-8LlsR0kWg/featured
LinkedIn: https://www.linkedin.com/company/thebamboo/
Instagram: https://w_ww.instagram.com/thebamboo.io//@thebamboo

Author:
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
Eth Address: 0xf8c20030A71708E73D58Ab3900629F17B8875da5