What is Inscoin for Knox?
The KNOX project will be the first insurance company to combine the world of the world with the newcomers to blockchain technology, creating the most efficient and advanced structure in the industry, to find a solution to the problem of certification and insurance policies.
The insurances issued by Knox Insurance will be in traditional paper form and in the form of smart contracts, allowing the customer to follow up on his policy in real time, in full transparency and security. Thanks to the platform developed by knox insurance, the policy will be fully automated and will eliminate any possibility of conflicts of interest between the parties involved.
The Solution
The KNOX project provides for the establishment of the first insurance company that will merge the real world with the digital one using Blockchain technology, creating the most ecient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies.
The INSCOIN project intends to use, among the many available, the Ethereum blockchain, which currently presents the largest number of real used cases and economy of services and transactions currently in operation. Ethereum makes available, using its infrastructure and ERC20 technology, the creation of digital private coins of controlled issuance (token) with which it is possible to support an entrepreneurial project.
The goal of KNOX is to reach, by exploiting the blockchain, a decentralization of the whole insurance system. Decentralization means the transformation of traditional insurance policies from paper into smart contracts.
How can Blockchain change the Insurance Industry:
To customers
Smart contracts prevent the spread of fraudulent insurance policies, since it is the same system that will be issued once payment is received.The customer has full control over the insurance policy.
Subscribers can access all WEB services and mobile platforms and check their policies.
For insurance companies
With smart contracts, there will be no delays in premium collection, achieved by increasing the company’s cash flow.Thanks to Blockchain, fraudulent policies will never be passed on to the company.
Blockchain enhances business processes and ensures a truly unshakable security system.For brokers
Get credibility for policyholders and beneficiaries.Direct control over its administrative reports.
Token Details
Ticker : INSC
Platform : Ethereum
Type : ERC20
Total Supply : 500.000.000 INSC
Token for sale : 270.000.000 INSC
Token Sale
The Token sale is divided into two parts: PRE-ICO e ICO.
Total supply is 500.000.000 INSC
Maximum PRE-ICO Cap is 7.500 ETH
Maximum ICO Cap is 31.944 ETH
Soft cap: 4.000 ETH
Hard cap: 39.444 ETH
Roadmap
Team
For more information, please visit the links below :
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/
Author :
Bitcointalk Username : nugroho997
Profile : https://bitcointalk.org/index.php?action=profile;u=2070778;sa=summary
ETH Address : 0x58055FE8f531294DcF2F4dfeD90fDA26CCEabC38