BLUPASS: CONNECTS ALL SHAREHOLDERS IN HEALTHCARE

in #cryptocurrency6 years ago

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They say health is wealth and good health is necessary for the well being of man. People place much importance on their health which is very important hence the growth in the health sector. Once in a while we could fall ill with cases like a fever, flu, allergy or even serious cases like cancer, a heart attack which could need urgent medical attention. However, like every other sector, the healthcare market comes with its own challenges. There are times that one could need urgent health care and we encounter difficult access to health care services. Other times, it is the high cost of health care service that obstructs us from having good health care service which is why we engage the services of providers but they face the problem of the ever rising price structures forcing them to compensate. Another challenge that the providers face is the average number of days that outstanding invoices remain on their accounts receivable. Another participant of the healthcare market is the carrier which is faced with incessant healthcare fraud causing excess expenditures and increased premiums.
These fraudulent activities however are difficult to detect because it requires carrier data mining tools based on large sets of claims data versus point of sale systems which most carriers obviously lack. These carriers are also faced with the problem of false documentation or undisclosed health records by consumers, lack of a secured ledger and identity verification which can in turn hinder the consumers’ access to needed insurance. Furthermore, there is a prevalent lack of communication between providers and carriers. The consumers are the most affected by this brouhaha between the providers and carriers because after the visit to physicians, they are faced with the harsh reality of paying for what they didn’t bargain for. Research has shown also that physicians were not paid on almost 23% of the claims they submitted to commercial health insurers. Consumers face lack of transparency because they do not have any idea how their data is used or shared between insurance companies and medical institutions. Fraudulent activities also affect the consumers as identity thieves take advantage of patients’ health records and target healthcare resources to pose as insured policy holders to get expensive treatments and also the patients could be given fake medical bills and be subjected to collection efforts. A team of industry professionals with the best experience in collaboration with blockchain experts with an unbeatable track record of successful blockchain projects developed and exceptional project called BLUPASS.

WHAT IS BLUPASS ABOUT AND HOW DOES IT WORK?
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Blupass is a unique platform built on blockchain technology to provide a total solution and connect providers, carriers and consumers. With the platform, consumers are in total control of their data and can decide to exchange data between providers and carriers for electronic health records, claims services, policy and premium verification and lots more. Also carriers will have their claims obtained instantly with reduced or zero errors and be protected against all forms of fraudulent activity. The providers benefit with reduced billing overhead and are paid in just minutes as opposed to being paid in months in the old system thereby saving them a lot of money. Blupass utilizes blockchain technology and Ethereum platform to create two types of smart contracts; one is between carriers and service providers and the other between users and carriers. The Blupass platform also has a token called BLU that enables multiple users to access the platform for better connection between the participants of the healthcare market. It will also take care of the smooth exchange from Fiat currency to BLU tokens and from BLU tokens to Fiat currency. Want more details, watch this youtube video:

THE BENEFITS OF BLUPASS
• The industry know how
• Secure ledger
• Self-regulation
• Fraud prevention
• Portable benefit utility
• Scalability
• Instant claim service
• Medical invoice paid instantly
• Eliminate provider administration

TOKEN DETAILS
The BLU token is a utility token based on the Ethereum ERC20 token standard used for transactions on the platform. The other currency accepted on the platform is ETH. The ICO started on the 15th of May 2018 and will on the 15th of July 2018 at 11:59pm CST with the total token supply of 6 billion BLU. 500 million will be allocated for sale from which 150 million tokens will be released for the pre-ICO and 350 million tokens for the main ICO at the rate of 1 ETH per 4000 BLUs. The soft cap is valued at $3 million while the hard cap is valued at $30 million.

TOKEN ALLOCATION
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As earlier stated, 500 million tokens will be released in ICO; 150 million released during pre-ICO at a discounted rate to participants and 350 million tokens released for the main ICO at 25 cents USD.
The remaining tokens will be allocated as follows:
• 2 billion- development
• 10%- advisors and employees receiving 500,000 and 2 million token each respectively.
• Blupass will allocate the remainder tokens to founders
• They will also conduct a bounty program where they will allocate 20,000,000 tokens.

ROADMAP
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2018 Q3 –Finalize team placement. Revamp HRaspirin to include in-app partitions for PBU qualified reimbursements data
Q4 – Release consumer app including Bluwallet for HIPPA secure data transfers
2019 Q1 – Announce carrier private label division, release POS system for 1.0 for clinicians, announce first participating carrier.
Q2- field distribution team for POS system, Launch in-app sales for PBU qualified benefits
Q3 –n Release POS system 2.0 including Telemedicine app integration
Q4 – Launch BluMarket for coordinating products on our platform

TEAM
Shawn Stephens – CEO & Lead Blockchain
Ray Keech – Founder & COO
Mark D. Luther – Founder & Chief Marketing Strategist
Sandeep Chauhan – Chief Technology Strategist
Jason Head – Chief Legal Counsel
Noel Allum – Graphic Designer
Manuel Chundrlek – Administration Manager
Praveen Kurmar Sinha – Technology Architect
Sachin Choudary – Technology Architect
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ADVISORS
Myles Stephens - Marketing
Benjamin Hansen – Software Development
Adam Arrington – Software developer
Kyle Ritter – Advisor
Ryan Beck – Advisor
Vicki Mcmillan – Advisor
Ryan Curtis Advisor – Advisor
Laura rtiz – Advisor
Matt Nolser – Advisor
Brandie Stillman Cockrell – Advisor

NETWORK
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Blupass is a unique project created to revolutionize the healthcare market for the better. Amazing benefits awaits users of this platform. For more information please visit the website and connect with other users worldwide on any of the social media platforms listed below:
Website:https://blupass.co/
Whitepaper: https://blupass.co/img/Blupass_Whitepaper.pdf
Ann thread: https://bitcointalk.org/index.php?topic=3339249
Facebook: https://www.facebook.com/theblupass/
Telegram:https://t.me/blupass
Twitter: https://twitter.com/theblupass
Published by: teejayrichard2
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1265803
Ethereum wallet address: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F

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