INSCOIN: FIRST BLOCKCHAIN INSURANCE COMPANY

adempostaci (6)in #bitcoin • 6 years ago (edited)

HOW DOES INSCOIN WORK ?

This new project is being developed and used for the Knox ICO Project. And the entire project was developed to help improve customer relationships with total and full transparency. There is a lot going on with the new company, and there is quite a lot of information on the company website. Not only that, but the information on the website is broken down into different sections, everything is easy to navigate and gives you everything you need to learn about coins.

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Blockchain, how can change the insurance industry ?

To customers
Smart contracts prevent the spread of fraudulent insurance policies, because that is the same system that will be issued after payment is received.
Customers have full control over the insurance policy.
Customers 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 forwarded to the company.
Blockchain improves business processes and ensures a truly unshakable security system.
For brokers
Get credibility for policyholders and beneficiaries.
Direct control over its administrative reports.
Immediate commission allocation.

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In insurance, how payment is made or what is actually paid is complicated. In the KNOX platform, this issue simply does not exist. INSCOIN Token, a cryptocurrency based on Ethereum ERC20 technology, is used for every payment on the platform. This is goodbye to unfinished insurance claims or late payments since the smartest ethereum technology contracts reached by insurance and insured companies, execute the terms of the agreement guaranteed to make payments immediately. Users can not be fooled, no matter who they are dealing with.

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