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Degis is a next-generation DeFi protection protocol that connects the physical and digital worlds. Using blockchain technology, Degis targets two major issues seen in traditional insurance: high operating costs and claims that aren’t transparent.
Product
On Degis, each insurance offering is supported through an NFT;The NFT contains the policy details and the user’s information;After a customer submits an order, the NFT is minted and delivered to the buyer’s wallet;When the coverage period ends, the NFT is burned.After purchase, users can choose to retain the still-valid NFT in return for discounts on other future Degis designs.
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