InsCoin Blockchain Technology On KNOX Company
Greetings friends,today we will discuss and share ideas on the potential associated in investing on InsCoin.
There have been a lot of problem facing most sectors before the introduction of blockchain technology. Centralization has caused problems which part of those problems is what we have seen in most of our financial institution which ranges from several banks to insurance companies.The project "KNOX" uses blocking technology, which is beneficial for customers, insurance companies and brokers. Customers have full control over the insurance policy. Through the web and mobile platforms can access all the services of the company and check all policies. A smart contract guarantees the receipt of genuine MTPL policies, since the system will issue them after payment is received. For insurance companies, blocking improves work processes, protects against fraud,These and many more is what KNOX Platform through the use of smart contract on Ethereum blockchain will rectify.
the insurance policy will evolve to become fully automated and to prevent any possibility of conflicts between the parties involved. Insurance companies will be established in Lisbon, Bermuda and Dubai and will work according to the world scale. Appropriate licenses will be obtained from the authorities of the three states, allowing for insurance,Blockchain technology is very vital to insurance company in the following ways. It saves customer from illegal activities because of its decentralization,The team of this project has already done a great job in 2017. Namely: in May, a business plan for a legal consultation was drafted, in which 150,000 euros were invested, and partnerships were established with more than 300 insurance brokers who are ready to work with companies.
TOKEN
Token Symbol=>INSC
Token Type=> ERC20 (Ethereum Network)
Token Total Supply=>There is a total supply of 500,000,000INSC
TOKEN SALE=> There is total amount
270,000,000INSC allocated for token sale
Exchange Rate=>The token will be exchange at the rate of 1ETH=5000INSC.
Soft Cap= There is a project soft cap of 4,000 ETH which is a very good one for the project.
Hard cap=> Hard-cap of 39,444 ETH while the unsold token will be destroy after the token sale period.
PRE-ICO=>Pre-Ico for early investors starts by 23rd of June 2018 and will end on 7th of July 2018.
ICO=> Ico starts on July 23, 2018 and end on August 23, 2018 which is exactly a period on 1month.
more details
Website=> https://www.inscoin.co/
Whitepaper=> https://inscoin.co/assets/content/whitepaper_en.pdf
Telegram=> https://t.me/inscoinico
Linkedin=> https://www.linkedin.com/company/inscoin-holding-ou/
Twitter=> https://twitter.com/inscoinforknox
Facebook=> https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Reddit=> https://www.reddit.com/r/InsCoin/
Youtube=> https://www.youtube.com/channel/UCeYb1urpmhALHv_0lm6ZI8w
Bitcointalk ANN=>https://bitcointalk.org/index.php?topic=4494867.0
Bitcointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=2125728
Username: mronezigger