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What is Aigang cryptocurrency (AIX)

Aigang cryptocurrency (AIX) is a digital token that is part of a decentralized insurance platform for the Internet of things. The project team is implementing intelligent contracts to automate processes. All payments 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 digital insurance project for devices that will in the future become part of the Internet of Things.

Cryptocurrency features of Aigang (AIX)

A feature of this platform will be the possibility of its operation through any mobile device. The 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 will tell you by example. Let’s say you bought a new smartphone with a 1-year warranty. During its first start, the wear of its spare parts began. To make your device more secure, you must buy insurance on it through the Aigang platform. At the end of the year, nothing happens to your phone and the period during which you are responsible for your smartphone begins. After a while, your device starts to “trash” the battery. An application that analyzes the operation of the device will transmit information to Aigang, and insurance will pay you compensation.

Outlook for Aigang cryptocurrency (AIX)

The insurance market is considered one of the largest markets in the world; therefore, its combination with the Internet of Things may lead to new business prospects. It is realistic that mobile insurance can reach the size of the auto insurance market. However, given the number of mobile devices, this trend may become even more ambitious.

At the moment, the project team has developed a test version of the platform that runs on iOS and Android devices, and allows you to insure the device battery. The first version of the platform, the developers plan to release in Q3 2018, and the release of a fully finished version of the product is scheduled for Q2 2019.

Where to buy Aigang cryptocurrency (AIX)

Now more than 95% of Aigang trading operations (AIX) takes place on the KuCoin exchange . However, soon the cryptocurrency will be added to the list of the most popular cryptocurrency exchanges.

Conclusion

Friends, here’s an overview of the Aigang cryptocurrency (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.

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