INSURANCE ON BLOCKCHAIN

in #cryptocurrency6 years ago (edited)


The KNOX project is scheduled to be the first organization to harmonize blockchain technology with the usual insurance economy. As the acceptance of blockchain technology is spreading, it is for sure a welcome development to initiate an effective insurance system that will get rid of certification error and counterfeit insurance policies. A smart contract will aid the swift credit roll up. This will enhance the company management. With the smart contract, accidents events the advocate to judge the possibility of fine on the company, who might have an unethical character will not be involved, rather the blockchain system which is unbiased will decide.

ADVANTAGES OF INSCOIN INSURANCE ON BLOCKCHAIN
For Insurance Company:
• Swift execution of transactions thereby increasing the company revenue
• Transparency of decisions
• An advanced operating system that is void of fraud
For Brokers:
• Presumptive earnings
• Swift viewing of admin report
• Automatic allotment of reward
For Customers:
• Prevention of false insurance policy by the smart contract
• The insurance policy is at the customer disposal
• Easy access to company services and materials through WEB and mobile platform

INSCOIN TOKEN SALE DATAIL

Ticker: INSC
Type: ERC20
Supply: 500'000'000 INSC
Price: 1 ETH = 5'000 INSC

Pre-Sale 1st Phase = June 23-30
Cap: 1000 ETH
Bonus: 30%

Pre-Sale 2nd Phase = TBA
Cap: 1500 ETH
Bonus: 27.5%

Pre-Sale 3rd Phase = TBA
Cap: 5000 ETH
Bonus: 25%

Token Sale = TBA
Cap: 31,944 ETH
Bonus: 20% to 0%
Apart from the above-listed bonuses, there are other bonuses on investment
10 - 29 ETH will be a +5% Bonus of INSC In addition to the periodical bonus.
30 - 49 ETH will be a +10% Bonus of INSC In addition to the periodical bonus.
More than 50 ETH will be a +15% Bonus of INSC In addition to the periodical bonus.

HOW THE TOKEN SALE FUND WILL BE USED

INSCOIN BUSINESS PLAN
This is a roadmap of INSCOIN business that outlines goals and details on how to achieve the proposed targets.
https://docs.google.com/spreadsheets/d/e/2PACX-1vR7CjYG2ClYQG40Y5-i8U8B3syrmCDrcQzr7uD_5gZvoRwBfIfWldl2nuIMiqr0MF_NxGzT2deeV0J9/pubhtml#. This proves the seriousness of the team, and dedication to achieve success.

THE TEAM
The team is filled with professionals in insurance and blockchain who has acquired over 10 years of individual experience.

NOTE:
15% of the INSC supply will be locked by the smart contract at the end of the ICO for 1 year as well as the working capital when received. This will be released quarterly in a timely manner, at a rate of 25%. It is believed to raise the turnover of the companies, thereby secure a healthy token economy.

In conclusion, this project is accompanied by a deluge of successes thus far, and the Token sale face is not exempted. I hereby congratulate all stakeholders inclusive of investors, as we celebrate the first blockchain base insurance company. In case you are a Broker contact us ([email protected]), we can provide you with special bonuses.

For more information about this project, please check the following links:
Website: https://inscoin.co/
White Paper: https://inscoin.co/#whitepaper
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4422850
Twitter: https://twitter.com/InsCoinforKnox
Facebook: https://www.facebook.com/INSCoinforKnox/
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Telegram: https://t.me/inscoinico
Reddit: https://www.reddit.com/r/inscoin
Youtube: https://www.youtube.com/channel/UCeYb1urpmhALHv_0lm6ZI8w

Authored By: https://bitcointalk.org/index.php?action=profile;u=1023247

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