Digital Insurance Protocol Aigang Launches Blockchain Demo Apps for IoT Devices

Digital Insurance Protocol Aigang Launches Blockchain Demo Apps for IoT Devices
Digital insurance: Aigang Network has announced the release of its industry-changing blockchain protocol demo app, for IoT devices. The Singapore-based leader in blockchain protocol for digital insurance, Aigang Network, this week launched its unique Android and iOS demo app. Running on Ethereum testnet, the first-of-its-kind demo for Aigang Network’s peer-to-peer (P2P) digital insurance blockchain protocol.

The announcement marks the beginning of a fully Autonomous Organization (DAO) marketplace for consumer insurance, made possible through Ethereum smart contracts. The demo app has been specifically developed to work as a smartphone battery insurance highlighting Aigang Protocol, launching on both Apple App Store and Google Play Store. The Aigang app is planned to operate in P2P capacity and as a marketplace for both private investors and insurers, showcasing the potential for simplification of the insurance process. In addition, the app will also offer new users one-month free usage, no long-term contracts and instant payouts.

The unique battery insurance for smartphones is a first of its kind digital insurance and the platform intends to introduce more similar applications in the near future as the technology advances. The company has cleverly innovated its service and used decentralized blockchain technology to bring insurance into the digital age. The insurance protocol is capable of estimating claims through the most recent data and issue payouts instantly.