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Degis is the next-generation DeFi protection protocol bridging the physical and digital world. Degis leverages blockchain technology to solve the two key problems in the traditional insurance market, which are excessive operation cost and non-transparent claims.
Product
Every insurance product on Degis will be backed in the form of NFT;The NFT stores all the information of the policy and the user’s data;NFTs are minted and sent to the buyer’s wallet upon order submission;The NFT will be burnt when the insurance expires.Users may opt to keep the unexpired NFT in exchange for future discounts for other Degis designs in the future.
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