Digital Insurance Protocol Launches Blockchain Demo Apps for IoT Devices
The Singapore-based blockchain protocol for digital insurance, Aigang Network has launched its Android and iOS demo app, running on Ethereum testnet, of a peer-to-peer digital insurance blockchain protocol for Internet-of-Things devices.
The announcement aims to mark the beginning of a DAO marketplace for consumer insurance using 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.