INSCOIN: The first insurance company will unite the real world with the digital world using Blockchain technology
Blockchain technology is very important for insurance companies in the following ways. This saves customers from illegal activities due to decentralization. Also increase the cash flow of the company, eliminate the delay in the amount payable under the contract signed by the client. Also help brokers, instantly receive commissions.
The KNOX project will be the first insurance company that will include a world of newcomers with blockchain technology, create certification and insurance policies.
What is the InsCoin project?
The KNOX project will be the first insurance company that will combine the most effective and sophisticated structure in this sector in the world to find solutions for certification and illegal insurance policies, as described above.
"InsCoin for Knox Project" aims to create the first insurance company to receive Crypto (INSC) for insurance premiums, and the first, with the help of the blockade, will solve the problem of counterfeit insurance policies.
When using smart contracts, the distribution of counterfeit insurance policies is excluded, since this is the same system that issues them when they receive a payment.
The INSCOIN project intends to use among the many available block chain Ethereum, which currently represents the largest number of real-world cases of use, as well as the economies of service and transactions that are currently operating. Ethereum provides, using the ERC20 infrastructure and technology, the creation of digital personalized coins from the publication of tokens
which allows supporting entrepreneurial projects. Token sales allow the company to collect the necessary economic resources to develop a project, where the token itself will play a key role. Token in this sense makes it possible to use new technologies that offer innovative services.
The goal of KNOX is to achieve, by using the lock, the decentralization of the entire insurance system. Decentralization means the transformation of traditional insurance policies from paper into intellectual contracts.
How does InsCoin work?
This new project is under development and is used for the ICO Knox project. And the whole project was designed to help improve relations with customers with full and complete transparency. A lot of information is happening with the new company, and there is a lot of information on the company's website. Not only that, but the information on the website is divided into several different sections, all of which are easily moved and give you everything you need to learn about coins.
How can Blockchain change the insurance industry?
Clients
Smart contracts prevent the spread of fraudulent insurance policies, because this is the same system that will be issued
once payment is received.
The client 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 with premium collection, achieved by increasing the company's cash flow.
Thanks to Blockchain, fraudulent policies will never be transferred to the company.
Blockchain improves business processes and provides a truly unshakable security system.
For brokers
Get trust in holders and beneficiaries.
Direct control over his administrative records.
Direct distribution of the commission.
In insurance, how payment is made or what is actually paid, this is a difficult question. On the KNOX platform, this problem simply does not exist. INKOIN Token, crypto currency, based on Ethereum ERC20 technology, is used for every payment on the platform. Forgive with unfinished insurance cases or late payments, since airtime technology contracts reached by insurance companies and insured, the fulfillment of the terms of the insured agreement immediately makes a payment. Users can not be deceived, regardless of who they are dealing with.
INSCOIN => This is the crypto currency that will be used for each activity or transaction at https://www.inscoin.co/ Insurance Company.
Info
Token Token - INSC
Platform - Ethereum
Type - ERC20
Price PRICO - 1 INSC = 0.0002 ETH
Price in ICO - 1 INSC = 0.0002 ETH
Pre-ICO starts - June 23, 2018
Pre-ICO ends - July 7, 2018
Bonus - Available
Investment information
Minimum investment0 .1 ETH
Receive - ETH
Distributed in ICO - 54%
Soft cover - 4000 ETH
Hard cover - 39 444 ETH
Current on sale - 270.000.000
Undistributed tokens will be burned after ICO termination.
INSCOIN signs are a fundamental part of our project. Due to this, the client can pay an insurance premium and gain access to the maximum level of authenticity of the policy, to receive it in the form of a smart contract.
CURRENT DISTRIBUTION
54% of the total number of applications are sent to sell tokens
15% Distribution to wholesale
10% to teams and advisers
10% Distribution of network partnerships
9% allocated to the company
2% to Airdrop and Bounty
FINANCING DISTRIBUTION
60% allocated to the production of insurance companies
20% for development platform
10% is allocated for marketing
10% is allocated to the backup
Roadmap
Implementation of the training project (MARET 2017)
Team building
Create the first network cooperation
forecasts of the business plan (MEI 2017)
Legal I advice
Invest € 150 000
Licensed platform IT Insurance (JULY 2017)
Invested 300 000 euros in a certified insurance platform
Insurance partnership (OCTOBER 2017)
Partnership with more than 300 insurance brokers ready to work with the company
Planning ICO (FEBRUARY 2018)
Development of planning and marketing plan ICO
PRE-ICO ( JUNE 2018)
Starting with PRE-ICO
ICO (JULY 2018)
Starting with ICO
Trading Insoin on major exchanges (SUMMER 2018)
InsCoin will be listed on the main exchange to ensure easy implementation of future customers of the company and the exact amount of our income.
Compliance with the conditions for obtaining a license for insurance (AUTUMN 2018)
We will receive permission from the authorized authorities of the three countries to provide legal insurance services.
Introduction to the internal platform (WINTER 2018)
This allows customers to access their policies through a smart contract.
Smart contract in the insurance business (WINTER 2018)
Smart contracts will increase to become the main actors of the insurance industry.
team
For more information:
Website: https://inscoin.co/
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/
Username: 5ato5hi8itcoin
Profile: https://bitcointalk.org/index.php?action=profile;u=905383
Eth: 0xC1FCfF14429BF6ACDD969ea2caDC58d082f513E4