News Report 31.08.2018
1. We have finished the tests of the Luggage Crowdsurance app in the Rinkeby test network. We ask each member of our community to test it too! You can send an e-mail request to info@rega.life and get all the instructions.
2. The development and integration of WALT are finished. We have tested Smart contracts in the Rinkeby test network and made the first version of user’s interface. Now we are testing the API.
3. REGA representatives participated in the seminar of the Central Bank of the Russian Federation “Principles of the regulatory sandbox”. As a result, it was decided to launch WALT in the “sandbox” of the regulator in the test mode for the subsequent launch of the product on the mass market. REGA believes that such collaboration will be very useful for our project because the launch of an innovative financial products through interaction with the regulator through special test sites (for example, Liechtenstein, Australia, England) is now a global practice. Such an experience will help us to interact with the regulators of different countries correctly.
4. REGA took part in negotiations with the potential partners to the launch a product similar to Lexi in Dubai (UAE). In fact, there are no insurance products for pets there. We came to conclusion about the possibility of launching a pilot product. We are waiting for 2–3 weeks from the Dubai team a more in-depth study of the veterinary services market to calculate the risk model and their product marketing proposals as well as.
