29 Jul '17, 7pm

Flight delay insurance bot launched: get paid if your flight is delayed

Flight delay insurance bot launched: get paid if your flight is delayed

Now we have flight delay insurance bot. It's already added to the Bot Store. Users can buy insurance in easy to use chat interface. They don't need to find a peer, the bot is the peer that is available 24/7. The insurance is a smart contract, hence you don't need to trust the bot. It is almost the same contract that you can do peer-to-peer but it is composed automatically, users need only to check the contract before paying. The bot also reminds users when to unlock the contract. The quotes are based on real stats provided by flightstats.com, so they vary by delay, airline, and flight. The bot adds 5% profit margin above the probability of delay derived from the stats. The source code is at https://github.com/byteball/flight-delays-insurance , you can use it as template for your own bots.

Full article: https://bitcointalk.org/index.php?topic=1608859.msg204749...

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