INSCOIN - First Blockchain Insurance Company
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"About the InsCoin Project for Knox"
KNOX Project will be the first insurance company to
combine the real world with the digital world using Blockchain technology, and
will create the most efficient and sophisticated structure in the sector, to
find solutions for certification and anti-counterfeit insurance policies.
"Insurance policy"
Thanks to the platform developed by Knox insurance, the policy will evolve
into a fully automated and eliminate the possibility of conflict of interest
between the parties involved.
Insurance companies will be established in Lisbon, Dubai, and the Bermuda
Islands, to enable Knox insurance to operate in various laws and enable token
economies on a global scale.
"Smart Contract"
Avoid spreading fake insurance policies because it is the same system that
deletes them after receiving payment. With smart contracts, the company is not
delayed in collecting credits because the policy is only issued after the
payment is received. This factor is intended to significantly improve the
management of the company itself.
The smart contract in case of an accident is a real judge who decides to
pay or no more company, which can have opportunistic behavior, but the chain
block system, completely uninterested in the human mind, will decide whether
the accident meets the policy requirements. This benefit will be the most
important because it increases the company's transparency to customers.
Five good reasons why you should consider investing in InsCoin :
1. Blockchain fits perfectly with the world of insurance.
Blockchain in public implementation solves a fundamental problem in
creating fewer trusts and networks without permission, in which the
participants of the transaction can be considered legitimate, and therefore the
potential of related certification, with the permission mechanism generated by
the incentive system and the negative incentives between the parties involved.
Certification of non-certified documents is one of the most important
applications of Blockchain Technology, since documents certified in Blockchain
are NEVER falsified.
Smart contracts avoid spreading fake insurance policies because it is the
same system that issues them upon receipt of payment. With smart contracts, the
company is not delayed in collecting credits because the policy is only issued
after the payment is received. This factor is intended to significantly improve
the management of the company itself.
With smart contracts for accidents, the actual judge who decides whether or
not to pay is no longer a company that can have opportunistic behavior, but the
blockchain system will decide whether the accident meets the policy
requirements.
This benefit will be the most important because it increases the company's
transparency to customers.
2. A smarter way to change the insurance sector
Many crypto-projects have tried to disrupt the insurance industry, from a
decentralized perspective that will not be able to operate in the real world
without relying on real companies.
In inscoin for knox we want to do something different, we are big fans of
decentralized platforms, in fact we will depend on the Ethereum network for the
deployment of our smart contract but behind our symbolic insocsa will be formed
from 1 to 3 companies based on the number of ETH collected, remember that
companies in the real world need a security fund of several million dollars to
be legally regulated, with offices in the Bermuda Islands, Dubai and Portugal.
We have studied this phase in detail thanks to our previous experience in
the insurance industry and we have developed a certified business plan, which
you can learn at the following links.
Token Information :
- Ticker
: INSC.
- Type :
ERC20 Amount.
- Supply
: 500'000'000 INSC Token For Sale: 270'000'000 ISNC.
- Exchange
rate : 1 ETH = 5'000 INSC.
- Soft
Cap : 4'000 ETH.
- Hard
Cap : 39'444 ETH Unfilled tokens.
- will be
burned after the ICO ends.
ICO.
- Pre-ICO
begins : June 23, 2018.
- Pre-ICO
expires : July 7, 2018 A.
- Selling Price : 1 INSC = 0.0002 ETH.
- ICO
Price : 1 INSC = 0.0002 ETH.
- Accept
: ETH.
- Soft
cap : 4000 ETH.
- Hard cap : 39444 ETH.
- Bonus :
Up to 30%.
- ICO
begins : July 23, 2018.
- ICO
expires : August 23, 2018.
The first project in the real world and the digital world!
KNOX Project will be the first insurance company to combine the real world
with digital technology with Blockchain, create the most efficient and
sophisticated structure in the industry, to find solutions for certification
and falsifying insurance policies.
Smart contracts avoid spreading fake insurance policies because it is the
same system that issues them upon receipt of payment. With smart contracts, the
company is not delayed in collecting credits because the policy is only issued
after the payment is received. This factor is intended to significantly improve
the management of the company itself.
Conclusion
InsCoin is an ambitious project that wants to revolutionize the insurance
sector! Indeed, from the proven knowledge of the company and in relation to the
implementation of the Chain Block, through the InsCoin contract the ingenious
intent of To Knox Project succeeds in the intent:
Maximum trust and transparency in the relationship between the company and
the insured. Fighting Fraud policy.
Roadmap
Team
More Information :
WEBSITE : https://inscoin.co/#home
WHITEPAPER : https://inscoin.co/documents/Whitepaper-EN.pdf
TWITTER : https://twitter.com/INSCOINforknox
REDDIT : https://www.reddit.com/r/InsCoin/
TELEGRAM : https://t.me/inscoinico
ANN
THREAD : https://bitcointalk.org/index.php?topic=4422850
Created By :
· Username
Bitcointalk : Rahman07
· Profile
Bitcointalk :
https://bitcointalk.org/index.php?action=profile;u=2292122;sa=summary
ETH
Address : 0xa8Cc05bB99348d4ccBE3604b5923140DE8D90912



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