Blockchain technology is very important for insurance companies in the following ways. This saves customers from illegal activities due to decentralization. Also increase the company's cash flow, eradicate the delay in the amount to be paid under the contract signed by the client. Also help brokers, instantly receive commissions.
The KNOX project will be the first insurance company to incorporate the world of newcomers with blockchain technology, to create certification and insurance policies.
About the InsCoin Project for Knox.
The 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 to certification and anti-counterfeit insurance policies.
Insurance policy.
Thanks to the platform developed by Knox's 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 removes them after receiving payment. With smart contracts, the company is not delayed in collecting credits because the policy is only issued after payment is received. This factor is intended to significantly improve the management of the company itself.
The smart contract in the 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 terms of the policy. This benefit will be the most important because it increases the company's transparency to customers.
The first project in the real world and the digital world!
The KNOX Project will be the first insurance company to combine the real world with digital technology with Blockchain, creating the most efficient and advanced structure in the industry, to find solutions to certification and counterfeiting 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 payment is received. This factor is intended to significantly improve the management of the company itself.
Five good reasons why you should consider investing in InsCoin :
Customized.
Blockchain fits perfectly with the world of insurance.
Block Chain in public implementation solves the underlying problem of creating less trust and permission-less networks, in which the participants of the transaction can be considered legitimate, and therefore potential related certification, with permission mechanisms generated by incentive systems and negative incentives between the parties involved.
Uncertified document certification is one of the most important applications of Blockchain Technology, as certified documents in Blockchain NEVER be 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 payment is received. This factor is intended to significantly improve the management of the company itself.
With a smart contract 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 terms of the policy.
This benefit will be the most important because it increases the company's transparency to customers.
A smarter way to change the insurance sector.
Many crypto-projects have been trying to disrupt the insurance industry, from a decentralized perspective that will not be able to operate in the real world without being dependent on real companies.
In inscoin for knox we want to do something different, we are big fans of decentralized platforms, in fact we will rely on 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.
The Defletion property plan killer token inscoin.
Sales Token.
Ticker : INSC.
Type : ERC20.
Supply : 500'000'000 INSC.
Price : 1 ETH = 5'000 INSC.
Allocation Token :
Token sales = 54%.
WholeSaler Broker = 15%.
Team and Advisors = 10%.
Network Partnership Brokers = 10%.
Reserves for 3 companies = 9%.
Airdrop and Bounty Program = 2%.
Fund Usage :
Setting Insurance Company = 60%.
Platform Development = 20%.
Marketing = 10%.
Reserve fund = 10%.
PRE-ICO
Payment in Ethereum will be accepted.
Price = 1 ETH = 5,000 Token.
Deadline and Bonus :
Week 1 = + 30% of INSC.
Wekk 2 = + 25% from INSC.
Bonus on tokens purchased.
Range and Bonus :
Minimum 50 ETH = + 15% from INSC.
Minimum 30 ETH = + 10% of INSC.
See Link below for more details about ICO and Token :
https://inscoin.co/documents/Whitepaper-EN.pdf
Roadmap ambitions and have applied relevant investments.
Team.
An explosive mixture of ambitions of young people and experts in their fields.
The InsCoin team is currently very young, ambitious and open to investors and users, in addition to more than 10 developers under 30, there are insurance experts who have established and led insurance companies such as our CEO Agostino Luongo, (Hill Ltd) and our partners.
They are not afraid to show their faces and names on social media, it is very easy to find information about each team member.
For more details, you can see through the Link below :
https://inscoin.co/
You can also see the second video below to see the workings of the project from InsCoin :
Conclusion.
InsCoin is an ambitious project that wants to revolutionize the insurance sector! Indeed, from the proven knowledge of the company and in conjunction with the implementation of the Chain Block, through the InsCoin contract the smart will To Knox Project succeeds in the intent :
Trust and maximum transparency in the relationship between the company and the insured.
Combating Fraud policy.
For more information, please visit link.
- WHITE PAPER ; https://inscoin.co/#whitepaper
- ANN THREAD ; https://bitcointalk.org/index.php?topic=4422850
- WEBSITE ; https://inscoin.co/
- TELEGRAM ; https://t.me/inscoinico
- STEEMIT ; https://steemit.com/@inscoin
- FACEBOOK ; https://www.facebook.com/Inscoin-for-Knox-1802470656458272
- TWITTER ; https://twitter.com/INSCOINforknox
- LINKEDIN ; https://www.linkedin.com/company/inscoin-holding-ou/
Author ; Melati21
Profile link ; https://bitcointalk.org/index.php?action=profile;u=1357963
Email address ; parasite887@gmail.com
ETH address ; 0x838d9F4750DFC63f9A75bdA335840C0A84aD3afc
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