Highbridge is a startup founded in Utrecht, Netherlands which wants to convert boring traditional insurance into a rewarding and vibrant community.
Highbridge provides a one-stop mobile app that joins a rewarding wallet and an insurance management tool.
The unique point is that the app holders will benefit from the insurance business model following the continuous user story over time, winning some challenges, receiving time-based rewards, and accessing exclusive offers.
Under the skin, the platform is powered by Blockchain tech, effectively transforming the holders into the crypto-friendly customers who hold transactable digital assets.
The app is facing the final stage of development and is expected to go live end of this summer.
One-stop app for rewarding insurance wallet
Last month the team was busy participating ETHGlobal HackMoney hackathon with their side-project “Terminal.”
The idea is to offer the train delay protection with automatic payouts. The use case is dead simple: a user buys a ‘train delay protection’ for a particular international train with crypto, and if this train delayed or canceled — the automatic payout kicks in, no user interaction needed whatsoever. Acting as a sort of insurance, Terminal offers transparency, cheap transactions, and no middle-men fees.
The other breakthrough innovation of Terminal is that it offers everyone the ability to contribute funds into another side of delay protection, and earn continuous interest on that deposit.
London-Paris railway trip protection
The beta is live on Ethereum testnet and available for test https://terminal.insure
