BackGround
Aigang Network
is building the decentralized insurance blockchain protocol for IoT
(Internet-of-Things) devices. Aigang goal is to build the digital
insurance, where damage is assessed without any intermediaries. As it
eliminates the need for the traditional centralized insurance providers,
the private insurance investors can take over their place in Aigang
Network. To run and support the network, AIG token will be launched and will become available through a token crowd sale that is due in October.With 18 billion IoT devices already connected worldwide and with over 75 billion estimates by 2025, this vast market size creates a huge opportunity by collecting big data and offering the better value for insurance premiums. The damage of IoT devices could be tracked and verified by checking the list of required conditions, using the smart contracts’ algorithms. Aigang aims to be the single digital insurance protocol working with all of these devices — drones, phones and even self-driving cars.
Aigang offers a new alternative to the traditional insurance with an open-source software and the blockchain used for the accurate reserve and profit sharing calculation. Aigang is going to redesign the old insurance process and make it the seamless experience with digital insurance being available just a few taps away on your phone.
Smart Policy
Smart Policy would form the basis of the insurance DAO and would be
even more important as it would govern the operation of the DAO by
including software algorithms to automatically perform various
operations, such as issue new policies, handle claims, distribute
profits
Download Aigang app right now
Don’t miss on the opportunity to try out the app! Available in most popular app stores for all Android & iOS devices.
The app is running on Ethereum Ropsten testnet.
Google Play Store - Download Here! > https://play.google.com/store/apps/details?id=com.aigang.aigangapp
How it works
DO NOT SEND YOUR REAL ETHERS TO ADDRESS GENERATED IN THE APP!
Google Play Store - Download Here! > https://play.google.com/store/apps/details?id=com.aigang.aigangapp
Apple App Store - Get to Your Email! > http://iostestflight.aigang.network
How it works
Digital insurance automatically sets the risk group without any human mistakes as none are required. This makes the bulletproof system based on mathematical algorithms that assess risks.
Digital Insurance picks up this data from the devices real-time.
And can give you the best price available at the moment based on the
real life results. The price premium could be lower as well as higher,
but the accuracy is on point and the DAO provides the best price equilibrium for both — insuree as well as insurance.
Getting your insurance is as easy as downloading an app — as soon as you get the application you automatically get to accept the policy. Smart contracts allow this and now insurance is no longer has to be signed by hand .
But what if, when you don’t know even if something is wrong with your device your insurance would know well before you? And on top of that, they would know how much damage was caused and how much would it cost you to fix it. All of that is possible in DAO as Digital Insurance with an ability to track IoT devices health.
On DAO P2P insurance, the payouts are instant. The insurance provider adds his investment and it instantly becomes claimable. Since there is no delay due to reserve-to-be-met — this makes a payments instant.
Getting your insurance is as easy as downloading an app — as soon as you get the application you automatically get to accept the policy. Smart contracts allow this and now insurance is no longer has to be signed by hand .
But what if, when you don’t know even if something is wrong with your device your insurance would know well before you? And on top of that, they would know how much damage was caused and how much would it cost you to fix it. All of that is possible in DAO as Digital Insurance with an ability to track IoT devices health.
On DAO P2P insurance, the payouts are instant. The insurance provider adds his investment and it instantly becomes claimable. Since there is no delay due to reserve-to-be-met — this makes a payments instant.
Built by The Community for The Community
Aigang Network was formed in 2017 in order to research and develop
prototype for digital insurance built on and powered by blockchain
technology. Fulfilling our vision for digital insurance as blockchain
protocol will enable to create a new level of insurance services geared
for digital world.
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