There is a collective responsibility across the Bamboo Network Ecosystem to redefine traditional healthcare business models and find new pathways to sustainability. Bamboo will empower consumers with new solutions and encourage the entire industry to rethink the way business is currently conducted. With the consumer becoming more discerning around their own health, providing enhanced customer experiences and alternative health solutions has become a key motivator for Bamboo.
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Topic: 🌿🌎 [ANN] Bamboo (BBO) - Insurance for Everyone! - page 3. (Read 3831 times)
It is clear that the challenge of affordable and sustainable healthcare is a common one across both emerging and developed economies. Bamboo’s proposed Ecosystem to enable better healthcare and lifestyle management is no longer a dream but a much needed working solution.
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The Bamboo Food Label is built to specifically cater to the needs and the environment of farmers. At a mere USD0.01, farmers can now adopt the BBO food label and consumers are assured of transparency and traceability.
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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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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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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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The proposed Bamboo app can help a user to locate doctors and hospitals inclusive of detailed information about these aspects.
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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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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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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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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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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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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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parameters that subject individuals to significant health risks. Consequently, this improved lifestyle will be rewarded and acknowledged through incentives.
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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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The acquired and classified data will be processed into information followed by the generation of insights and augmented analytics.
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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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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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parameters that subject individuals to significant health risks. Consequently, this improved lifestyle will be rewarded and acknowledged through incentives.
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And Follow us on social media to support our project! ❤
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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The acquired and classified data will be processed into information followed by the generation of insights and augmented analytics.
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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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