Bamboo will make the health and medical insurance sector rethink the best way to educate and guide the general public. By working together as an industry to promote greater awareness about the benefits of insurance protection for the general public, it is important to develop new products for sale through new and existing distribution channels and to provide efficiencies in client services and products to better manage the Health Protection Gap throughout the Asia-Pacific.
The Guarantor
An insurance policy is a document that sets out conditions written in an “if-this-then-that” structure and contains the signatures of both parties who signed the agreement.
Usually, this condition is strict because insurance companies have to protect their interests and customers may end up feeling dissatisfied. In addition, other customers may not understand this condition, increasing their dissatisfaction with the policy. As a result, stringent conditions can force customers to make false claims to receive payments, a situation that can bring both parties to justice.
Fortunately, this problem can be solved through the internet of things (IoT) and blockchain. This technology allows insurance policies to be written as code and implemented in a decentralized way, thus eliminating human intermediaries. With IoT, you can track the state of the device as often as you want and save the data that you collect with artificial intelligence (AI). You can also use AI to monitor changes that occur in the data that you have saved.
Health Business
The health industry is valued at USD3.7 trillion according to the Global Wellness Institute. In addition, the current trends show that 64% of Americans want to reduce their health care costs, but don’t know how while consumer value has shifted towards holistic health. Brands also utilize health marketing to lure consumers towards inspirational lifestyles. Innovation is a catalyst of Product Innovation, Technology Empowerment, and New Distribution Methods.
Fitness is characterized by yoga at lunchtime with injections of super food into our food and drinks. Furthermore, the phrase ‘body-mind’ is used repeatedly while healthy foods such as the antioxidant aça, kombucha, stem juice, whole milk, almond milk, and all types of milk from technically non-milkable substances have become the norm.
Agriculture / Non-crop Industry Plants
Bamboo will provide guidance and the food producers who follow it can use the Bamboo label so it is recognized as a healthier choice. Bamboo will encourage the adoption of labels and products will be the choice of choice in supermarkets! Providing Healthy, Fresh Agriculture Food is the main focus of the Ecosystem. Bamboo wants to ensure that products from farmers reach the highest nutritional value and provide the necessary daily nutritional needs. Therefore, there are two inseparable solutions from the Ecosystem which include providing agricultural insurance and activating the Chain of Custody (food security protocol).
Islands Farming Scheme
The Islands Farming Scheme will include a biosecurity plan as general terms and conditions for insurance. Farmers will follow certain guidelines in agricultural management such as reducing pesticides and implementing proper feed management, animal handling, and animal husbandry. Consequently, these guidelines will enforce better results and higher food quality.
Direct Tracking is important because:
Biological safety
Biosecurity farming is a series of actions designed to protect properties from the entry and spread of pests and diseases. Agricultural biosecurity is the responsibility of the product owner and everyone who visits or works on the farm. By insuring farmers and registering them in the Ecosystem, they will benefit from a reward system through sharing data and achieving certain crop yields or quality. Bamboo will also combine markets for fertilizers, raw materials and agricultural inputs that use BBO tokens to increase farmers’ purchasing power and the distribution of their resources.
Enforcing proper animal husbandry through agricultural insurance leads to:
Health and Agriculture
Together In June 2019 during the commemoration of the World Food Safety Day, the United Nations stated:
“Unsafe food kills are around 420,000 people every year. Foodborne illnesses are almost socio-economic development by exhausting the health care system and damaging the national economy, tourism and trade. With an estimated 600 million cases of foodborne illness each year – nearly 1 in 10 people in the world fall ill after contaminated food – food safety is an increasing threat to human health. Children under the age of 5 carry 40% of the burden of foodborne illness with 125,000 deaths each year. ”
Archipelago + Motivational Food Security Risk Opportunity Opportunities
Opportunity
The nature of product composition, quality, production processes and supply chains, as well as their geographical origins, determine the chances of fraud.
The longer the food processing chain, the easier the manipulation to occur. Other opportunities that contribute to food risks include the availability of technology to manipulate food products and the financial benefits derived from food counterfeiting.
Motivation
The second cause of food risk vulnerability is motivation. Farmers and distributors are motivated to tamper with food products due to the factors below:
Control Actions
To overcome the challenges mentioned above, Bambu proposes several control measures to prevent food fraud. More transparency and interoperability are needed to identify the movement of food from agriculture to the table.
Some control measures include:
Token Sale Platform and Smart Contract
Use of Fund Reports
USE Phase 1
BBO Token Allocation
Token Description
Use of Funds
The funds raised will be used primarily to accelerate product development.
Recommand
Tentative timeline of where we are
and where are we going.
Bamboo Team
To get even clearer information please visit the link below:
AUTHOR
Author : kensyin
profile link: https://bitcointalk.org/index.php?action=profile;u=25753895
Wallet address (eth): 0x08204147D36cE05456A3c99242cB3781b6B6875f
Author : kensyin
profile link: https://bitcointalk.org/index.php?action=profile;u=25753895
Wallet address (eth): 0x08204147D36cE05456A3c99242cB3781b6B6875f
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