INSCOIN For KNOX - The First Blockchain Based Insurance Company
With the rapid development of the insurance industry, a lot of the problems that hinder further progress. Among which fraud on, slowness. Platform INSCOIN FOR KNOX solve this problem.
About the project:
Project INSCOIN FOR KNOX create the first insurance company that uses technology blockchain can solve insurance poles counterfeiting and certification of the problem. This project will work on Ethereum, he thereby unite the digital world and the real one. The main objective of INSCOIN FOR KNOX - build decentralized insurance abandoning the traditional and well-established systems.
Smart contracts, which are used in the system to prevent the spread of fake insurance policies, because the system will release them after receiving payment. Blockchain solve the main problem of this area- unreliability. Participants INSCOIN FOR KNOX get reliable and without conflict network. In this network, they will be able to verify the correctness of transactions, as well as identity, thanks to the consent mechanism. Plus in blockchain impossible to forge documents,
How does it work:
After obtaining all licenses an internal exchange platform will be created. With help of this platform, users can purchase insurance products structure. Brokers will create their own personal profiles, and each of them will have a personal wallet. The broker also be able to create for all of their customers their profiles.
After payment the INSCOIN policy, the client will receive not only a proven and standardized policy, but will also receive a code policy, which will coincide with the address of a smart contract associated with its policy.
This will serve as irrefutable proof of the validity of the policy issue. With a smart client contract and the beneficiary will be able to check the status of the policy and make sure that the policy was issued by the company.
The verification of the legitimacy of the insurance policy will take place inside the INSCOIN for KNOX platform using blockchain Ethereum. A successful check means the creation of a smart contract that certifies the authenticity, reliability and coverability of the policy while preserving the personal data of the participants in the transaction.
Advantages of the project:
- Decentralization platform
Insurance companies will be set up to operate in different jurisdictions and tokenized launch its economy on a global scale. - Smart - contracts
Smart contracts exclude the possibility of the spread of fake insurance policies, and the company will not have delays in receiving payments. - Security
Based on blockchain platform to protect the data of all users.
Details ICO:
Ticker: INSC
Type: ERC20 Total delivery: 500'000'000 INSC
Tokens for sale: 270'000'000 ISNC
Exchange rate: 1 ETH 5'000 INSC
Soft lid: 4'000 ETH
Hard cap: 39'444 ETH
Undistributed tokens will be burned after the end of the ICO.
Pre-ICO starts: June 23, 2018
Pre-ICO ends: July 7, 2018
Pre-sale price: 1 INSC 0.0002 ETH
ICO Price: 1 INSC 0.0002 ETH
Acceptance: ETH
Soft cover: 4000 ETH
Hard cover: 39444 ETH
Bonuses : up to 30%
ICO begins: July 23, 2018
ICO ends: August 23, 2018
Road map:
June - July 2018 - Token sale (PRE-ICO, ICO)
June - August 2018 - Trading on the major exchanges. Listing InsCoin will be on the main markets to ensure easy implementation of future customers and companies the right volumes in comparison with the income platform.
September 2018 - Compliance with the conditions for obtaining a license for insurance. Obtaining permission from the official authorities of the three countries to provide legal insurance.
Winter 2018 - The introduction of an internal platform: client will be able to gain access to its policies through a smart deal.
Conclusion:
This project is worthy of attention. Switching to smart contracts will help to rid the area of insurance against the set of "stocks" with which it is now. I advise to pay attention to it.
For further information about INSCOIN, feel free to visit :
Web: https://inscoin.co/
Telegram: https://t.me/inscoinico
Twitter: https://twitter.com/inscoinforknox
Facebook: https://www.facebook.com/Inscoin-for-Knox- 1802470656458272 /
Reddit: https://www.reddit.com/r/InsCoin/
Steemit: https://steemit.com/@inscoin
ANN: https://bitcointalk.org/index.php?topic=4422850
Youtube: https : //www.youtube.com/channel/UCeYb1urpmhALHv_0lm6ZI8w
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Whitepaper: https://inscoin.co/documents/Whitepaper-EN.pdf
Author :
Bitcointalk Name : waroenkshisha
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=952938
Eth Address: 0x44cF61F420D6cbA87627a0371521611082a12004