Insurance Scenarios

• Personalized Insurance Pricing: Insurance companies access users’ on-chain health data via the Web3 insurance gateway to customize health and fitness insurance products. Users with good health habits and high activity compliance enjoy lower premiums.

• Automated Claims: When an insurance event occurs, data collected by AstraWatch—such as activity tracks and health status—serves as proof for claims. Smart contracts automatically verify and issue payouts (in ASTRA or stablecoins), shortening the claims cycle.

• Insurance Points Redemption: After purchasing insurance, users earn insurance points, which can be redeemed for ASTRA tokens or ecosystem health services.