What is cryptocurrency Aigang (AIX)
Cryptocurrency Aigang (AIX) is a digital token that is part of a decentralized insurance platform for the internet of things. The project team introduce the use of smart contracts to automate processes. All calculations and payments within the network will be made at the expense of the internal cryptocurrency Aigang (AIX).
Development of the project began in 2017, after several months of research. This was followed by the development of a project to implement digital insurance for devices that would be part of the Internet of things in the future.
Features of cryptocurrency Aigang (AIX)
Feature of this platform will be the possibility of its functioning through any mobile device. Ethereum blockchain made a springboard for the development of Aigang (AIX).
To make it easier for you to understand how Aigang (AIX) will work, we’ll tell you by example. Let’s say you bought a new smartphone with a 1-year warranty. During its first inclusion, the wear of its spare parts began. To make your device more secure, you shoould buy insurance on it through the Aigang platform. At the end of the year, with your phone nothing happens and begins the period during which you are responsible for your smartphone. After some time, your device starts to “junk” the battery. An application that analyzes the operation of the device will transfer the information to the Aigang and the insurance will pay you compensation.
Perspectives of cryptocurrency Aigang (AIX)
The insurance market is considered one of the largest markets in the world, so its combination with the Internet of things can lead to new prospects for business. It is quite real that the insurance of mobile devices can reach the volume of car insurance market. However, given the number of mobile devices, this direction can become even more ambitious.
At this point, the project team has developed a test version of the platform that runs on iOS and Android devices, and allows you to insure the battery of the device. The first version of the platform, the developers plans to release in the 3rd quarter of 2018, and the release of a fully finished version of the product, scheduled for the 2nd quarter of 2019.
We believe that cryptocurrency Aigang (AIX) will certainly grow in price. To contribute to this, will release the first version of the platform that will happen already soon.
Where to buy cryptocurrency Aigang (AIX)
Now, more than 95% of Aigang (AIX) trading is taking place on the KuCoin exchange. The cost of one AIX equals 29 cents. However, soon, cryptocurrency will be added to the listing of the most popular cryptocurrency exchanges. The capitalization of the project exceeds 5.5 million dollars.
Friends, here is a review of cryptocurrency Aigang (AIX). You can write your opinion about the prospects of this project in the comments. That’s all, it was a blog about cryptocurrencies bitbetnews.com.