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61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 16, 2019, 01:06:25 PM
The nature of food products’ composition, qualities, production process, and supply chain, as well as its geographic origins, determines the opportunity for fraud. The longer the food processing chain, the easier it is for manipulation to occur.
Other opportunities that contribute to food risk include the availability of technology to manipulate a food product and the financial gains that comes from food adulteration.

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62  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 13, 2019, 09:21:57 AM
The data from clients will then be turned into statistical data and analysed in labs to compare with the currently available products in the market. This will create exposure to food security and influence local authorities, food suppliers, and end users to be more alert.

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63  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 12, 2019, 10:17:58 AM
Archipelago is combining wellness and agriculture in its solution in order to create transparent and legitimate pathways for farmed food to end users. This is because food adulteration through methods such as dilution, counterfeiting, and substitution negatively affects the quality and safety of food. As a result, consumer confidence and food businesses are negatively impacted as well.

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64  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 10, 2019, 05:56:46 PM
Enforcing proper husbandry through agriculture insurance leads to:
- Healthier animals and plants.
- Reduced food waste by reducing livestock and plants morbidity and mortality.
- Higher quality of lives.
- Improved human health through increased access and affordability of protein from animals and plants.
- Improved farmer economics thanks to increased profitability resulting from raising healthy animals.


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65  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 09, 2019, 08:57:51 AM
Archipelago believes in changing animal and plant health and production through insurance to create good and trustworthy farmers that follow good animal farm practices and biosecurity.

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66  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 06, 2019, 09:57:12 AM
Farm biosecurity is a set of measures designed to protect a property from the entry and spread of pests and diseases. Farm biosecurity is the responsibility of produce owners and that of every person visiting or working on the farms.

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67  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 05, 2019, 03:06:36 PM
The Archipelago Agriculture Scheme will incorporate biosecurity plans as general terms and conditions for the insurance. Farmers will follow certain guidelines in farm management such as reducing pesticides and implementing proper feed management, animal handling, and animal husbandry. Consequently, the guidelines will enforce better yield and higher food quality.

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68  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 04, 2019, 10:30:31 AM
Bamboo will provide a guide and food producers who follow it can use the Bamboo label so it’s recognised as a healthier option. Bamboo will drive the adoption of the label and the produce will be the preferred option at supermarkets!
Providing Healthy Fresh Farmed Food is the Ecosystem’s main focus. Bamboo wants to ensure products from farmers achieve the highest nutritional value and provide the necessary daily requirement of nutrients.
Hence, there are two solutions integral to the Ecosystem which include providing agricultural insurance and enabling Chain of Custody (food security protocol).

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69  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 03, 2019, 01:54:25 PM
The wellness industry is worth USD3.7 trillion according to the Global Wellness Institute. In addition, current trends show that 64% of Americans want to lower their healthcare costs, but don’t know how while consumer values have shifted towards holistic wellness. Brands are also capitalizing on wellness marketing to entice consumers towards inspirational lifestyles.

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70  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: September 02, 2019, 09:06:11 AM
The Ethereum blockchain allows for smart contracts to be executed. In the case of insurance agreements, a smart contract calculates the price depending on the given parameters, registers the insuree, accepts the claim, and if all conditions are satisfied, payment is initiated.

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71  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 30, 2019, 04:37:24 AM
As a result, the strict conditions could force customers to make false claims in order to receive a payout, a situation which could lead both parties to court.
Fortunately, these issues can be solved through the internet of things (IoT) and the blockchain. These technologies enable the insurance policy to be written as code and executed in a decentralised way, therefore, eliminating human intermediaries.

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72  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 29, 2019, 12:27:27 PM
Bamboo will make the health and medical insurance sectors re-think how to best educate and guide the general public. By working together as an industry to promote greater awareness of the benefits of insurance protection for the general public, it will be essential to develop new products to be sold via new and existing distribution channels and to provide efficiency in client and product services in order to better manage the Health Protection Gap across Asia-Pacific.

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73  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 28, 2019, 06:45:24 AM
With Bamboo, individuals can take back control of their health by using the built-in systems in the Ecosystem to monitor their health’s progress. As a result, they will be rewarded for treating their bodies with care and consideration to improve health along with helpful discounts on insurance premiums for affordable access.

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74  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 27, 2019, 03:07:58 PM
The BBO Model

The goal of the old medical model is the absence of “dis-ease” and treating signs and symptoms often but not the cause. In addition, this model is based on “trusting the expert” and not individual. As a result, it is disempowering, ineffective, and expensive.

The model uses drugs, surgery, and radiation as its primary tools and strategies while leveraging instruments such as blood pressure and cholesterol readings to tell people how they are doing. Unfortunately, these instruments are often disputed and mistakenly read (as is the case in thyroid and cholesterol).

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75  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 26, 2019, 05:57:50 AM
Bamboo will make the health and medical insurance sectors re-think how to best educate and guide the general public. By working together as an industry to promote greater awareness of the benefits of insurance protection for the general public. Providing Healthy Fresh Farmed Food is the Ecosystem’s main focus. The agenda is to ensure products from farmers achieve the highest nutritional value and provide the necessary daily requirement of nutrients.

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76  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 23, 2019, 02:41:32 PM
Through the Bamboo Wellness Ecosystem, the ambition is to achieve a high ASEAN wellbeing index, to put technology at the heart of healthcare, to inspire users to adopt the wellness values through enabling them to monitor and adapt their lifestyles based on data points.

Bamboo serves the purpose of empowering people to feel better and to live longer. Users that buy insurance products from Bamboo Insurers will be automatically onboarded onto the Bamboo Ecosystem to gain benefits from its network and technology.

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77  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 22, 2019, 11:21:04 AM
In light of the institutional and legal complexity of healthcare systems, it is difficult to come up with a generally accepted definition of the healthcare protection gap. For people who are comfortable with the extent of (minimum) government- provided health and medical services there is no protection gap.

Others may require additional services funded through social health insurance and private health insurance. Some individuals seek healthcare services at an even higher standard (both in terms of quantity and quality) that they have to fund out of their own pockets, drawing on personal savings and assets.
In many emerging markets, however, out-of-pocket expenses play a dominant role because government and social insurance schemes provide only minimum coverage and private health insurance is at an embryonic stage.


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78  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 21, 2019, 11:26:57 AM
There is a clear burning platform and opportunity to address the growing burden of healthcare costs and corresponding impact on economic productivity due to ill health (the impact of non-communicable diseases like cardiovascular, cancer and diabetes is increased prevalence of non-communicable diseases (NCDs) 68% of total deaths globally occur due
to NCDs; emerging markets account for 75% of these deaths and almost 200 million of the world’s 370 million people diagnosed with diabetes live in Asia). With projected population growth in Asian region, it shows the opportunity
for Bamboo become a solution provider. Solutions will require robust analysis and foresight, leadership and multi- stakeholder public-private partnerships.

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79  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 20, 2019, 11:38:28 AM
Healthcare costs are expected to continue rising faster than gross domestic product and consumer price inflation. Key reasons include:

- Cost escalation as a result of medical innovation and the increasing use of new technologies in medicine and treatments.
- Healthcare being highly labour-intensive with lower rates of productivity growth compared to other sectors of the economy.
- Economic growth and rising incomes in emerging markets which will translate into additional demand for healthcare services.
- Population growth and ageing which will require a broader healthcare infrastructure and increase the financial burden from healthcare services.
- Urbanisation and its drawbacks such as less healthy lifestyles, the (re)emergence of communicable diseases and detrimental levels of air pollution.


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80  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! on: August 19, 2019, 03:44:23 PM
DexaFit, a company that was founded in 2011, will also be a critical partner to the BBO Ecosystem. DexaFit uses technology, science, and personalisation to offer users improved health.

The health-focused company equips people with information and resources to help them find out which workouts, diets, and treatment programs are good for their bodies. According to Fitbug, 82% of Americans diet to lose weight without help. Such efforts could be useless hence need for companies like DexaFit that offer personalized dieting plans according to an individual’s body.

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