A very efficient health care is needed for the proper development of a person and their well being. In the present day, it's usually taken care in the form of a health insurance.
But the critical issue is the fact that the main participants (Patients, health providers and the health insurance) have a poor relationship that is characterized by poor communications and ineffective delivery. This now leads to instances of errors and miscommunications, fraud, delays and very expensive payments. This now generates a lot of dissatisfaction as well as breach of trust that now discourages a lot of people from seeking medical health.
A solution is urgently needed for the above issue that plague the health care sector as a small error or mistake can lead to a very detrimental effect. This now was tackled with the introduction of a platform called Blupass that implemented the idea of blockchain technology to the health sector.
What is Blupass?
This is a very unique platform that uses the blockchain technology to solve a very wide array of problems in the health care sector. It was created by a team with several years of experience in the health care sector and insurance.
It provides all its users with a personal ledger that is very secure and can only be accessed by using their personal code or with biometric identity. The users Electronic Health Record and all other data will be contained in the ledger and a number of check will be routinely done in order to secure a user data and preventing cases of theft and tampering of this data. The user will then have the chance to share his or her medical information directly with the health care providers and the health care insurance, thereby enabling confidentiality as well as reduction of fraud and misappropriation.
With the use of smart contracts, it provides an automated link between the users and the health care insurance companies. They are specific units in the insurance policy called the Portable Benefit Utilities which aids the adoption of the health insurance. There is also a very special protocol that will manage the coordination between the smart contracts of the users to automatically execute any insurance claims between the users and the health care service provider instantly and this will be used to pay for the costs of treatment of the patient in the case of any health related issues.
The Blupass tokens will be used for all the whole transactions that takes place on the platform and users will have the option to convert them easily to fiat.
The blupass platform is an open source which integrates the additional their party platforms to the main platform and this could be subscriptions to Physicians' Health Groups, telemedicine plug-in integration, optional extension of EHR access to EMTs in emergency situations and integrated data mining. This will be made accessible with the integration of the 3rd party services application in the Blumarket.
Advantages of the Blupass Platform and How it will benefit users
- It eliminate the possibility of fraud and errors for each participants as it will facilitate faster payments as well as the development of new and very innovative techs such as the telemedicine.
- It will create a greater level of trust between the users and the health care providers.
- It will save a lot of stress and money due to the higher efficiency brought about by the blockchain technology.
- With the blupass technology, it will provide a user friendly interface that will be easily accessible to users and be less confusing and have less paper work.
- It will provide the best and most superior insurance coverage and medical treatment.
- The blupass platform generates its own revenue by issuing paid and premium services to all the parties and by collecting transactions fees from all the deals done on the HRasprin claims reconciliation software and from the sales of the BLU tokens.
How the Blupass platform will generate its own income
The platform will be able to generate its own revenue by the following ways,
Making Contracts with Carriers which will ensure that there will be no fraudulent claims in the platform and these carrier will pay the Blupass depending on usage of the platform.
Customer usage and Sales, here users will purchase services of business and HR professionals as well as their benefit packages.
Processing and Transactions fees, the blupass platform makes parts of its revenue from transacting and billing fees from users using the platform.
From the sales of the BLU tokens to external users.
Blupass tokens and ICO information
The blupass platform will be run on the cryptocurrency BLU tokens which is an ERC20 based in the ethereum blockchain. This blupass tokens will be used for all the transactions that takes place on the platform and it has a total supply of 6 billion BLU tokens. Only about 500 million of the BLU tokens will be available for the public ico sale and it will be sold at rates that vary depending on the period a user buys into the ICO whether it's the presale, or the main ICO.
Start: May 15, 2018 (12:00 AM CST)
End: July 15, 2018 (11:59 PM CST)
Acceptable currencies: ETH
Total token supply: 6 billion
Soft cap: $3 million
Number of tokens for sale: 500 million BLUs, with 150 million released for pre sale and 350 million released for official ICO
Tokens exchange rate: 1 ETH per 4000 BLUs
Minimal transaction amount: 1 ETH
Token Standard: ERC-20
Hard Cap: $30 million
The remainder of the unsold BLU tokens will be allocated as follows.
*2 billion BLU tokens will be held for the platform development.
*10% of the total blupass tokens will be given to advisors and employers, as well as the founders and the creation of a Bounty program.
Conclusion
Thus, the blupass platform will aid a common user to have access to premium services provided on the platform and it will help users to have their insurances and health related services with the use of a user friendly platform. This platform will help the eliminated the possibility of fraud and errors.
For more information, pls visit
Website: https://blupass.co/
WhitePaper: https://blupass.co/img/Blupass_Whitepaper.pdf
Telegram: https://t.me/blupass
Facebook: https://www.facebook.com/theblupass/notifications/
Twitter: https://twitter.com/theblupass
Medium: https://medium.com/@info_69687
ANN: https://bitcointalk.org/index.php?topic=3339249.0
Author - hamzeto
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