🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone!

[museakira78]

With the above considerations, the following sections discuss the technical aspects which have been considered during the design of the Bamboo Ecosystem.


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[patrickmakdn]

An individual’s health depends on various aspects like food intake, exercise, and social life. The product suite targets a 360° user interaction as shown in the figure below, wherein, the data of users will be gathered through mobile apps, wearable devices, import interfaces from hospitals, pharmaceutical outlets, laboratories, and social media.

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[museakira78]

These data sources will send the data in several formats and at varying rates. To properly acquire data from these sources, a versatile data acquisition module will be implemented using cutting edge technologies so that it can catch up with the data being emitted. This module will have interfaces to receive and send data to the external world including other blockchains like the Agrochain.

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[patrickmakdn]

The data acquisition module will receive huge volumes of data. To manage this data, database technology like big data is necessary. If sensitive personal health data is stored in a traditional centralised system, then there will be a single point of failure which may lead to data theft. So, a distributed database with encryption mechanism handling every form of data will be implemented. This will be achieved using blockchain technology combined with big data.

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[museakira78]

The acquired and classified data will be processed into information followed by the generation of insights and augmented analytics.

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[patrickmakdn]

The Ecosystem will use cutting edge Artificial Intelligence (AI) engines and Machine Learning (ML) to process the data. This processed information and insights will help insurers and reinsurers to understand the demographics and changes in the overall health of the population assisting in the prevention of fraud and the modification of insurance policies accordingly.

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[museakira78]

Furthermore, users will utilise this information to maintain a healthy lifestyle and to keep track of various health parameters. Users will be able to talk to an AI chatbot to check if their symptoms are severe enough to consider visiting a physician. Health insights will further be used to recommend personalised diet plans, exercise plans, yoga and meditation plans suitable for individual needs. Visualizing the data will also be useful to show critical health
parameters that subject individuals to significant health risks. Consequently, this improved lifestyle will be rewarded and acknowledged through incentives.


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[patrickmakdn]

Smart contracts will enable the seamless execution of set rules and procedures without human interference, thereby, increasing the operational efficiency. In addition, automated bill processing will eliminate third parties from the chain and decrease the overall administrative costs.

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[museakira78]

The acquired and classified data will be processed into information followed by the generation of insights and augmented analytics.

Learn more about our mission at https://tokensale.thebamboo.io
And Follow us on social media to support our project! ❤

[patrickmakdn]

The Ecosystem will use cutting edge Artificial Intelligence (AI) engines and Machine Learning (ML) to process the data. This processed information and insights will help insurers and reinsurers to understand the demographics and changes in the overall health of the population assisting in the prevention of fraud and the modification of insurance policies accordingly.


Learn more about our mission at https://tokensale.thebamboo.io
And Follow us on social media to support our project! ❤

[museakira78]

Furthermore, users will utilise this information to maintain a healthy lifestyle and to keep track of various health parameters. Users will be able to talk to an AI chatbot to check if their symptoms are severe enough to consider visiting a physician. Health insights will further be used to recommend personalised diet plans, exercise plans, yoga and meditation plans suitable for individual needs. Visualizing the data will also be useful to show critical health
parameters that subject individuals to significant health risks. Consequently, this improved lifestyle will be rewarded and acknowledged through incentives.


Learn more about our mission at https://tokensale.thebamboo.io
And Follow us on social media to support our project! ❤

[patrickmakdn]

The huge amount of real-time data and historical data collected by Bamboo from a wide range of sources such as mobile applications, IoT-based connected devices, hospitals, pharmacies, pathology laboratories, and social media, along with transactional data, will be of great business value once it gets translated into actionable insights.

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[museakira78]

Further to insights, Augmented Analytics that is based on Artificial Intelligence (AI) and Machine Learning (ML) exposes these insights dynamically based on the context and on what is statistically important. The logical hierarchy can be depicted in the following pyramid where data resides at the bottom and the Augmented Analytics resides at the top of the pyramid.

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[patrickmakdn]

For instance, user data obtained from a wearable device will be stored and classified to find the information about the number of steps the user takes daily.

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[museakira78]

This information will be compared to the number of steps recommended for a particular individual, bringing out the insight whether today’s step count meets the requirement for maintaining or improving good health.

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[patrickmakdn]

Augmented analytics will enable the consideration of other factors like the individual’s fatigue due to climatic changes which affect the number of steps taken.


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[museakira78]

The proposed Bamboo app can help a user to locate doctors and hospitals inclusive of detailed information about these aspects.

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[patrickmakdn]

The basic features of the blockchain make it possible for the various networks like farmers, retailers, and consumers to register and share information at a higher speed, safely, and transparently.

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[museakira78]

The data entered is visible to all of the parties in the blockchain and the permissioned blockchain will open separate channels for separate communication.

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[patrickmakdn]

Once the data is validated, it gets recorded in blocks which are organised in a chronological chain which cannot be altered.

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