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Expenditure_Analyzer

App hosted at - https://expo.io/@shivanshmundra/Hint2018

Why this app?

This crossplatform (react native) app is solution of one of the big problem in our society : Non-standardized, Non-transparent service sector pricing i.e. Medical bills are biggest cause of personal bankruptcies.
We solve this problem by: Decentralized database of medical costs, Cryptocurrency to incentivize reporting medical bills resulting in consumer empowerment in healthcare pricing. We extended this idea to not only healthcare but more sectors of non-standardized, non-transparent services.


Our App utilizes computer vision, distributed ledger and a public cryptocurrency to solve this problem of inconsistent and inequitable pricing of service sector procedures.


Walkover through our App

  • Patient-consumer requests line-item bill from any service sector.
  • Patient-consumer uploads a photo of the bill using our mobile app
  • Our App tells the patient-customer the fair/common price of each item and rewards them in the form of public cryptocurrency Coins.
  • Consumers are incentivized to upload their line-item medical bills via two channels:
  1. By uploading their bills, our software will tell you what the fair/common price of each item is.
  2. Patients are rewarded with a certain amount of our cryptocurrency (My BitCoin MBC) in return.This publicly-traded cryptocurrency will assume value and reward our users accordingly.
  3. At the time of receiving MBC, user is asked to give feedback on quality of corresponding service.

Following graph shows the non-standardized service:

hint2018

When consumer recieves these bill, he have no choice but to accept it and thats where our app comes in.