Hong Kong-based cryptocurrency exchange platform KuCoin lists another altcoin
KuCoin announced that they have released a new ai gang (AIX) token which was added to their list of tradable tokens.
Trading of AIX on KuCoin began on January 10, 2018 at 20:00 (UTC +8), with KuCoin users having access to AIX/BTC and AIX/ETH trading pairs.
INFORMATION – AI GANG A DECENTRALIZED AUTONOMOUS ORGANIZATION (DAO) FOR INSURANCE
The insurance industry is heading toward total automation by depositing data to the blockchain collected from Internet of Things (IoT) devices and then using said data to input to insurance calculations.
With smart contracts and a tokenized system that assesses risk ai gang is building a platform for autonomous insurance, usable by any manufacturer or insurer.
The platform being created by ai gang will do three things. First, it will harness the wisdom of the crowd by combining info from experts in insurance, and prediction markets with insurance pools to assess risks. Second everything will be automated through the use of smart contracts by creating a DAO, and then connecting devices that communicate their need to maintenance or replacement, automate insurance payouts, sell tokens or issue payments. Third, it will partner with data providers such as manufacturers who already collect data on their devices operating states, and collect data from drones, sensors etc to help identify insurance risks.
Autonomous insurance network is fully automated insurance for IoT devices and a platform for insurance innovation built around data.
Find out more about the project here: https://aigang.network/
Visit ai gangs’ Telegram Chat here: https://t.me/aigangnetwork