The InsCoin project is the right choice in insurance
Background
Often people listen to insurance matters and some understand the definition and purpose of insurance. Insurance should be understood properly and the community can make an assessment more objectively. And, they can determine the best for themselves.
In general, insurance is an agreement between two or more parties, whereby the insurer binds itself to the insured by accepting insurance premiums, to provide compensation to the insured because of loss, damage or loss of expected profits, or legal liability to third parties who may be suffered by the insured, arising from an uncertain event, or to provide a payment based on the death or life of an insured person.
Using Blockchain technology can change the insurance industry for the better as follows;
#. Benefits for customers. Smart contracts prevent the spread of fraudulent insurance policies, because that is the same system that will be issued after payment is received.
#. By using Blockchain technology, customers can have complete control over insurance policies. and customers can access all WEB services and mobile platforms and check their policies.
#. The advantage of using Blockchain technology for insurance companies is with smart contracts, there will be no delay in collecting premiums, which is achieved by increasing the company's cash flow.
#. With Blockchain technology, fraud policies will never be passed on to companies, improving business processes and ensuring a truly immovable security system.
#. And the advantage for brokers, get credibility for policyholders and beneficiaries. Direct control of the administrative report.
But you know, insurance currently uses blockchain technology, so this helps insurance companies to save customers from illegal activities due to decentralization. Also increases the company's cash flow, eradicating delays in amounts that must be paid based on contracts signed by the client. And the first insurance company to combine the world of newcomers with blockchain technology, to create certification and insurance policies, only here; The InsCoin project or often referred to as the KNOX project, why is it said, the following is an explanation;
The InsCoin / KNOX Project will be the first insurance company to combine the real world with the digital world using Blockchain technology, creating the most efficient and sophisticated structure in the sector, to find solutions for certification and anti-counterfeiting insurance policies, as described above
The InsCoin / KNOX Project project aims to establish the first insurance company to receive Crypto (INSC) for payment of insurance premiums, and the first, with the help of blockchain, will solve the problem of counterfeiting insurance policies. With smart contracts, the spread of fake insurance policies is avoided because it is a system the same who issued them after receiving payment.
The InsCoin project intends to use, among the many available, the Ethereum blockchain, which currently presents the largest number of real cases used and the service economy and transactions currently operating. Ethereum provides, using ERC20 infrastructure and technology, the creation of digital personal coins from publishing tokens that allow it to support entrepreneurial projects.
This new project is being developed and used for the ICO Knox Project. And all projects are developed to help improve customer relations with total and full transparency. There are many things that happen with new companies, and there is enough information on the company's 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.
- The advantage of this InsCoin project is a decentralized platform meaning insurance companies will be formed to operate in various jurisdictions and launch economic launches on a global scale. Then Smart - a contract means that Smart contracts exclude the possibility of spreading fake insurance policies, and companies will not have delays in receiving payments. and finally Security means based on the blockchain platform to protect all user data.
How it works InsCoin
InsCoin Token
In insurance, how payments are made or what is actually paid is a complicated subject. In the KNOX platform, this problem does not exist at all. 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 contract reached by the insurance company and insured, executes the terms of the agreement that is guaranteed to make payments immediately. Users cannot be fooled, no matter who they face. INSCOIN is a crypto currency that will be used for every activity or transaction at https://www.inscoin.co/ Insurance Company.
Token - Platform
INSC - Ethereum Type -
the price of ERC20 PRICO - 1 INSC = 0.0002
The ETH price is at ICO - 1 INSC = 0.0002 ETH
Pre-ICO starts - 23 June 2018
Pre-ICO ends - 7 July 2018
Bonus - Available
Investment info
Min. investment0.1 Acceptance of ETH - ETH
Distributed in ICO - 54%
Soft stamp - 4,000 ETH
Hard cap - 39,444 ETH
Tokens sold - 270,000,000
Non-allocated tokens will be burned after the ICO ends
THE TEAM
great work as always, keep it up