Blupass ICO and Token Sale Review
Blupass is a blockchain based platform who seek to change the face of the health insurance industry. Through facilitating a better connection between healthcare providers, carriers, and end-consumers, the platform hopes to allow users to regain control of their healthcare data and allow for a much swifter and cost effective claims resolution process. The backbone of the platform will be based on immutable smart contracts.
Project Outline and Objectives
The health insurance industry is one of the highest grossing in the world in terms of revenue. Unfortunately, traditional health insurance infrastructures are plagued by excessive bureaucracy, rising costs, fraudulent claims and many other inefficiencies which hinder their core missions.
Blupass arrives with a blockchain based solution to these issues. Through the integration of smart contracts and backed by the power and security of the Ethereum network, the expert team behind the project will work to directly connect providers, carriers, and users.
The platform aims to give individuals total control over their own health records. This transparency makes sure that nothing is ever overlooked. They will also work to facilitate an instant claims process based on smart contracts. This will eliminate the current cumbersome manual process which can take as much as six-months.
Through the implementation of such smart contracts, the chance to enact fraudulent claims will also be removed. This can be of great cost saving benefit to the insurer, a cost saving which will eventually be reflected in a reduced premium for the end user.
By the end of 2018, the consumer app will be released. This is set to include Bluwallet which will ensure safe transfers of data between users.
- Start Date2018-05-15
- End Date2018-07-15
- Payment MethodETH
- Total Supply600000000
- SectorBusiness ServicesSmart ContractsHealth
Rates & Bonuses
- 20% to 40%