INSCOIN - The Best Project on First Decentralized Insurance Company

gaara1989 (30)in #cryptocurrency • 6 years ago

This advantage will be the most important, as this will increase the transparency of the company in relation to the customer.

INSCOIN Platform.
At the same time, when three insurance companies start, once a legal license is obtained, with the help of funds raised, an internal exchange platform will be created. This platform will have a fundamental role, in which clients can access the purchase of insurance products to be used by our structure.

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.

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.

Roadmap ambitions and have applied relevant investments.

Study project realization (MARCH 2017)
Team Building
Establishment of the first collaborative network

Forecast Business plan (MAY 2017)
Legal consulting
Invested €150.000

IT insurance licensed platform (JULY 2017)
Invested €300.000 for certified insurance platform

Insurance partnerships (OCTOBER 2017)
Partnership with more than 300 insurance brokers ready to work with the companies

ICO Planning (FEBRUARY 2018)
ICO planning and development of a marketing plan

PRE-ICO (JUNE 2018)
Start of the PRE-ICO

ICO (JULY 2018)
Start of the ICO

Trade inscoin on the main exchanges (SUMMER 2018)
InsCoin will be listed on main exchanges to guarantee easy implementation to future customers of the companies and proper volumes compared to our income.

Compliance to obtain insurance license (AUTUMN 2018)
We will obtain authorizations from official authorities of the three nations to provide legal insurance service.

Introduction of internal platform (WINTER 2018)
With it the customer will be able to access its policy via smart contract.

Smart contract in the insurance business (WINTER 2018)
The smart contract will be more and more protagonist of the insurance industry

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 :

Token info

Token - INSC
Platform - Ethereum
Type - ERC20
PreICO price - 1 INSC = 0.0002 ETH
Price in ICO - 1 INSC = 0.0002 ETH
Pre-ICO starts - June 23, 2018
Pre-ICO ends - July 7, 2018

Bonus - Available

Investment info

Min. investment0.1 ETH
Accepting - ETH
Distributed in ICO - 54 %
Soft cap - 4,000 ETH
Hard cap - 39,444 ETH

Tokens for sale - 270,000,000
Unallocated tokens will be burned after the end of the ICO.

The INSCOIN token is a fundamental part of our project. Through it the customer can pay insurance premiums and can access the maximum degree of authenticity of the policy, receiving it in the form of smart contract.

Inscoin's supply will be 500.000.000 and will be distributed like this:

54% Token Sale
15% Blocked reserve (Broker WholeSaler)
10% Team and Advisors
9% Reserves distributed to the 3 insurance Companies (blocked for 3 months and 10% monthly release)
10% Broker Network partnership, Legal and Insurance advisor
2% Airdrop and Bounty program

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.
To get all the latest development information from this InsCoin Project, you can see directly through the Link below :

WEBSITE : https://inscoin.co/#home
WHITEPAPER : https://inscoin.co/documents/Whitepaper-EN.pdf
FACEBOOK : https://www.facebook.com/Inscoin-for-Knox-1802470656458272
TWITTER : https://twitter.com/INSCOINforknox
LINKEDIN : https://www.linkedin.com/company/inscoin-holding-ou/
REDDIT : https://www.reddit.com/r/InsCoin/
TELEGRAM : https://t.me/inscoinico
ANN THREAD : https://bitcointalk.org/index.php?topic=4422850