Aigang Network Rewrites Future of Smartphone Battery Insurance with Launch of Blockchain Protocol Demo App - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 11, 2017 Newswires
Share
Share
Post
Email

Aigang Network Rewrites Future of Smartphone Battery Insurance with Launch of Blockchain Protocol Demo App

PR Newswire iReach

SINGAPORE, July 11, 2017 /PRNewswire-iReach/ -- Today, Aigang Network, a Singapore-based leader in blockchain protocol for digital insurance, has made history with the launch of its Android and iOS demo app. Powered by Ethereum, the demo for the company's Peer-to-Peer (P2P) digital insurance blockchain protocol for Internet-of-Things (IoT) devices is the first breakthrough of its kind

Aigang Network Redesigns Insurance by Releasing Blockchain Protocol Demo App for IoT Devices

A significant announcement from Aigang Network, this signals the birth of an exciting new fully Decentralised Autonomous Organisation (DAO) marketplace for consumer insurance harnessing the power of smart contracts. With a simultaneous launch on both the Apple App Store and Google Play Store, the app has been custom designed to operate as a smartphone battery insurance highlighting Aigang Protocol. Working as a Peer-to-Peer based marketplace between private investors and insurees, the demo features an attractive one month free, no long term contract, and instant payouts.

"Our game-changing battery insurance for smartphones represents a momentous time for us and the digital insurance industry," asserted, Augustas Staras, Co-Founder, and Business Developer, Aigang Network. "Through smart contracts, we've redesigned a tired business model and old-fashioned insurance process in a decentralised environment. With more good news for consumers, insurance estimates are now based on the most recent data and claims can be paid out - instantly."

A respected name in the emerging digital finance industry and the Co-Founder of a Peer-to-Peer lending and investment platform with over 15,000 users, Mr. Staras recently assisted a blockchain project in successfully raising $14 million USD. Given its growth rate at the centre of the world's first ever consumer insurance built on smart contracts, Aigang Network is in the process of expanding its team of blockchain protocol professionals. The demo app perfectly showcases how a new technology can enable digital insurance for Internet-of-Things devices. In the future, the company plans to roll out digital insurance for self-driving cars and drones.

About Aigang Network:
Aigang Network's blockchain protocol for digital insurance is here with next-generation insurance for Internet-of-Things (IoT) devices using Decentralised Autonomous Organisation (DAO) and smart contracts. Download the future of smartphone battery insurance for free today:

Google Playstore - Download Here!
Apple Appstore – Use this form.
iOS version is ready too, but you will need to submit your email to receive an invite to download it.
Visit our website and see the way insurance has to be done: https://aigang.network

Join the conversation via our vibrant Aigang Network communities:

slack.aigang.network

t.me/aigangnetwork

https://www.reddit.com/r/AigangNetwork/

https://bitcointalk.org/index.php?topic=1998265.0

https://twitter.com/aigangnetwork

Media Contact: Augustas Staras, Aigang Network, +37061215024, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Aigang Network

Older

Udall, Senate Democrats Urge President Trump to Implement Rules that Limit Natural Gas Waste and Safeguard Public Health

Newer

EDITORIAL: Prepare to fight over offshore drilling

Advisor News

  • Strong underwriting: what it means for insurers and advisors
  • Retirement is increasingly defined by a secure income stream
  • Addressing the ‘menopause tax:’ A guide for advisors with female clients
  • Alternative investments in 401(k)s: What advisors must know
  • The modern advisor: Merging income, insurance, and investments
More Advisor News

Annuity News

  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
  • Ameritas settles with Navy vet in lawsuit over disputed annuity sale
  • NAIC annuity guidance updates divide insurance and advisory groups
  • Retirement is increasingly defined by a secure income stream
More Annuity News

Health/Employee Benefits News

  • Vance singles out Hawaii as weak on Medicaid fraud policing
  • Banner|Aetna Named Exclusive Health Insurance Partner of Arizona Interscholastic Association
  • Americans cannot wait any longer for universal healthcare | Opinion
  • Idaho's rural hospitals grapple with insurance denials, employee housing shortages, Medicaid changes
  • Health insurance legislation signed into law by Reynolds
More Health/Employee Benefits News

Life Insurance News

  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • 5 steps to take before selling your insurance agency
  • U-Haul Holding Company Schedules Fourth Quarter Fiscal Year End 2026 Financial Results Release and Investor Webcast
  • New Empathy and LIMRA Research: The Overlooked Opportunity to Engage the Next Generation After an Insurance Payout
  • Symetra Names Jeff Sealey Vice President, Stop Loss Captives
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet