Cover that switches on with you: a rider, a stall, a photographer on a booking, covered by the second from a jar of their own money, for exactly the seconds they are exposed.

Insurance sells months because months are easy to bill. A rider who works three hours a day pays for thirty days; a market stall open two mornings a week pays for the week; a photographer pays for the year to cover four bookings. The people who most need cover for their work are the ones for whom a month is the wrong unit, so most of them go without.

Hourly cover for gig work exists in a few rich countries, billed by the hour because a payment smaller than an hour costs more to collect than it is worth. Everywhere else, and for everyone paid by the ride, there is nothing.

The vest. Pick a plan with a rate an hour and a payout. Put a few dollars in a jar. Tap on when the shift starts: from that second the jar pays a fraction of a cent a second into a pool, and you are covered up to the payout. Tap off and it stops, and the receipt is the seconds. If the jar runs dry mid-shift, cover ended at the second it did, and the record says so.

The pool and the checker. Something happens: file it while on, or within a day of going off, and the checker pays it from the pool or says no, on the record. The pool is owned in shares by whoever put money in; premiums grow it every second anyone is on; claims shrink it. The first screen is a rider in Lagos with a vest and a meter; the toy is tapping on and watching a fraction of a cent tick.

Cover by the second is only a business where a second of premium, four ten-thousandths of a dollar, costs less to settle than it is worth. On Arc it does, and a tap is final in under a second, so cover starts the moment the rider says so and the receipt is honest to the second. USDC is the gas, so the jar is the only money a rider ever needs to hold.

• A tenth of every premium, taken by the contract as each second settles.
• Pools for fleets and markets: a delivery platform or a market association runs a pool for its own people, with its own plans and its own checker.
• Capital in the pool: a spread for whoever places money across pools.

At five thousand vests averaging four hours a day on the Rider plan, the platform's tenth is over a million dollars a year.

Hundreds of millions of people are paid by the ride, the shift, the stall day or the booking, and almost none of them have cover for the hours they work. The few products that exist bill by the hour in a handful of countries. By the second, from a jar of dollars, works anywhere a phone does.

• On shift, live on Arc mainnet
• The pool
• Get a vest
• Skim.sol: plans, open, on, off, settle, claim, pay, deny, join, leave. Deploy it from your wallet
• The twelve, on Subsecond

1. Live nowThe vest, the meter, six worked covers, the pool with shares, claims with a checker, and Skim.sol with every function on a screen: plans, open, fund, on, off, settle, claim, pay, deny, join, leave, fees. Eight Foundry tests.
2. 90 daysA phone that taps on when the delivery app does; a photo with every claim; the first pool for a real fleet.
3. 6 monthsPools by city and trade; a checker’s desk with a queue; a record of pools by how often they pay.
4. 12 monthsPayout in seconds for the plainest claims by rule, with the checker only for the rest.

A developer grant of USD 60,000 over six months funds the app-linked tap, claim photos, the checker's desk, and the first three pools for real fleets, with milestones at five hundred vests, ten thousand metered hours, and the first claim paid on mainnet. Draft figure, to be set with the programme.

Built by one person, in the open, on a foundation that puts a new product on Arc in under an hour. Name your price, or free.

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