The INSCOIN project - The future for insurance companies

Hello my friends and project lovers. Today I will tell you about a new project that is rapidly developing and wants very much to show the closed hard cap. I think he can get the maximum amount of investment. Let's briefly analyze the main points.

FBI study at annual cost insurance fraud was about 40 billion dollars. This is a very big loss for the company. The greatest losses are borne by company, IT security management. The poet comes to form a "gap" in order to compensate for the damage. These projects require a lot of investment. There are three lines of defense. Such help is needed to stay afloat.

As a rule, the first line of defense implements information security strategies. The goal is to support a common understanding of all risks.

The OCR is the second line of defense, as well as compliance, which assesses the adequacy of internal decisions and their compliance with regulatory requirements.

The third is an internal audit that provides an independent assessment of the adequacy of the cyber risk management structure, as well as processes and the controls are applied effectively.

Another problem is the slowness of international banking operations.

The objective of the CRO is to support a common understanding of all the risks of the defense line, as well as compliance that decisions and their coordination with regulatory requirements. The third internal audit, which provides an independent assessment of the adequacy of the cyber-risk management system, and control is carried out effectively.

The KNOX project provides for the creation of the first insurance company that will unite the real world with the digital use of Blockchain technology, creating the most effective and advanced structure in the sector, finding a solution to the problem of certification and anti-counterfeiting insurance policies.
The blocking in its public implementation solves the fundamental problem of creating a defenseless and conflict-free network in which participants can transaction and therefore possible associated certification, thanks to a consensus mechanism created by a system of incentives and obstacles among the parties involved. Unconfirmed document certification is one The most important applications of Blockchain technology, a certified document in Blockchain can never be falsified.

The INSCOIN project intends to use among the many available Ethereum blockchain, which currently represents the largest number of actual cases used and the economics of services and operations in the operation. Ethereum Available using its infrastructure and ERC20 technology, creating digital private coins of a controlled release (token) with which an entrepreneurial project can be supported. The sale of chips allows companies to collect the economic resources needed to develop a project in which the token itself will play a key role. This token in this sense opportunities that are innovative services. The goal of KNOX is to achieve decentralization using the chain of chains of the entire insurance system. Decentralization means the transformation of traditional paper insurance policies into intellectual contracts.

The introduction of a smart contract is an important step towards establishing a fair relationship between the company and the client. relationships that favor maximum transparency, and this will allow the company to have a reputation for behavioral seriousness, never seen before, is very important, because in the insurance sector, the NAME and REPUTATION are the main factors.

Thus, the project intends to help not a simple market to stop losing profits. Insurance companies need this technology, so the demand will be very high. From the point of view of applicability and necessity. This project clearly stands out. I do not know well working projects of this kind. This multi-million dollar market is waiting for such a project. Technology blockchain is the best assistant.

The profitability of the coin and the need for a token on the platform is immediately understandable. The platform is connected with the token for further development, everything will work seamlessly with each other.
It seems to me when implementing all project plans. It will develop very quickly. The market will simply accept it and begin to spin it up.

Try yourself to study white paper to better understand the project.
Also join social networks and chat telegrams. Follow the news and ask questions.
At the moment, a record on the white sheet is open which is the best offer for investors.

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/
My BTT : https://bitcointalk.org/index.php?action=profile;u=1300560