With the emergence of digital technology the future is really promising. Doing business across countries and continents has become easy and fast. Production of goods and services in the future will be more efficient and effective. Producers and manufacturers will be able to produce when there is need and therefore reduce loss brought about by production when demand is low. Quality health care will be delivered and we will be able to detect epidemics even before they emerge. Services and goods will be highly flexible from producers to consumers. Some of the difficult tasks carried out by humans will be done by machines. Therefore ensuring there is high productivity and efficiency. This is the future we are looking at with the digital technology.
At Ubrica the future is bright for all professions with the different projects that we have. Ubrica project involves building world class capability for high quality life- science and health production (LSHP) in the world. To achieve this UBRICA is built under three pillars: smart contract, human engagement and project pillar. For the three pillars to be successful UBRICA has created a coin known as Ubricoin which is built on ethereum protocol.
A smart contract is an agreement whose execution is computerized and automated .It excludes middlemen and its transactions are transparent. Smart contracts have defined obligations for both parties that are automatically enforced. Under smart contract UBRICA has created a smart reward program an incentive program to reward excellence in education, research and practice.
The incentives will be inform of airdrops or brevis. Brevis are small units of ubricoin and are convertible to fiat currency. The reward system will give incentives to practitioners in all stages of knowledge production. They include teachers in primary schools, secondary schools, universities; researchers and post university practitioners. There is a criterion against which every practitioner will be rated. The rating will be done by peers and consumers. Tokens will be issued to people who demonstrate good professional practice, work ethics and good customer service. This program will be of benefit to all professionals (e.g. doctors, academics, engineers, architects, beauticians, hoteliers, etc.). The incentive program will ensure that consumers receive high quality services and products. The suppliers will in turn receive tokens for good work.
Human engagement involves engaging people at their basic level of existence to activate village level commerce. To engage people, we have created an online e-commerce store known as soko janja. Soko janja is a marketing platform where members post pictures of their services, produce and products. Through soko janja producers of goods and services are able to get market for their products thereby enhancing wealth creation. Incentives in form of brevis will be rewarded to those who register, shop or refer new users to soko janja. People who shop on soko janja with ubricoin will get discounted prices. Members of soko janja will automatically benefit from health risk pooling where a small amount of the proceeds from sales of their products will be put aside to pay for the health services for its members. Pooling ensures the risk of financing health is borne by all the members of the pool. This will be a health insurance for all members of soko janja. The insurance will cater for the health expenses of the beneficiary and their nuclear family members. The medical fund will therefore ease the financial burden of the beneficiary. Producers and buyers on soko janja will join the Cooperative Society of Ubricans (CSU). The CSU will be a platform for savings which will earn interest. Everybody (producers and consumers) will benefit from the human engagement pillar of Ubrica
The project pillar has three projects in it: Ubrica Retail Clinical Centers (URCCs), Science and technology parks (STPs) and Ubrica One Biomedical Industrial City (BMIC). URCCs project aims at constructing 100 health centers that will be leased to qualifying health practitioners. An average of two health centers will be constructed per county. The URCCs will comprise of a clinical center, a retail store and a workshop. As people go to the clinical centers for treatment, they can also go with their produce and products and sell them at the retail store. At the same time they can go to the workshops to add value to their produce and products. Producers and consumers will not have to worry about foregoing the market as they go to the hospital since they will be able to do both. Manufacturers who sell their products on soko janja will be able to receive medical services in the clinical centers for free. Individual holders of Ubricoin will receive a smart contract to use health services at the URCC at the time of need.
The proposed biomedical city will be known as Ubrica one. The design program will have five districts: a medical campus, research district, residential community, industrial park and a recreation district. Ubrica one is planned and designed to meet the healthcare needs for its residents and those working there, visitors of the medical city for tourism and other purposes. The medical campus will have a world class hospital in it that will help in improving healthcare. It will be open for the residents and also non-residents of the city. Ubrica one will also create employment to those who will be working in the commercial district where we will have retail stores, doctors working in the hospital, researchers in the medical campus, and manufacturers in the industrial park among others. There will be an open space corridor for animals which will act as a tourist attraction site.
University science and technology parks will promote innovations and advanced research in higher learning institutions to viable commercial products. In our universities set up today researchers and students come up with products that never reach the market. We have a system of what is made in the university stays in the university. Our current institutions do not have the mind of translating this knowledge to the market. They say it is for educational purposes and that these products should just remain in the institutions. As a result we suffer from lack of productivity in the country and we end up importing simple staff that is easily done by our students. This creates a huge gap between the education system and the industries. Students who do great innovation in the institutions graduate only to go back to their communities jobless.
STPs will provide resources such as incubators, telecommunication hubs, programs and collaborative activities among others. This will create a favorable environment for innovations and commercialization of the research products. We will also provide avenues where students will be able to interact with people from different professions. In these forums students will have an opportunity to meet prospective employers and also get to learn how to commercialize their products. Employers will also get a chance to meet and interact with their potential employees. Staffs, who will create market, execute patenting and licensing of new discoveries and innovations will receive rewards in form of brevis.
With all the above projects UBRICA’s future is definitely something we all look forward to. The projects will bring about global health, efficiency and effectiveness in business transaction by use of Ubricoin, innovations in science and technology, employment opportunities, market of products and services availability for our clients and much more. This future has already begun. Do not be left out, be part of this great revolution.
Caroline Muthoni Ndigirigi.