TechMediaBreaks – Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS) Subsidiary MindWave Innovations Signs Two-Year Agreement to Build and Operate AssureChain
Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS) subsidiary MindWave Innovations Inc. USA signed a two-year master maintenance and service agreement with BlockAssure Inc. to build, deploy and operate AssureChain, a dedicated subnet of MindChain for BlockAssure insurance and reinsurance operations. MindWave will design, develop, security-audit and deploy AssureChain, then host, operate and maintain the network, which will support contracts, policies, premium and payment entries, reinsurance treaties and claims processing. MindChain will provide the settlement layer and anchor AssureChain records to Ethereum. Under the agreement, MindWave will receive contracted development fees payable in quarterly installments, with operating and maintenance fees to…