inscoin-Insurance growth of modern business

Insurance is one of the oldest industries, and can be seen as part of the growth of modern business that has come to define the society around the world. We use methods to transfer and distribute risks in the monetary economy has been observed in China in the third millennium BC. One thing that has defined the insurance sector for thousands of years is its ability to adapt its practices to fit the changing technological landscape. From contracts written on parchment to websites and large data, the industry has changed rapidly.

The INSCOIN project intends to use, among the many available, the Ethereum blockchain, which currently presents the largest number of real cases in use and the service economy and transactions currently in operation. Ethereum provides, using the infrastructure and technology of ERC20, the creation of digital personalized coins from token publishing that allow to support entrepreneurial projects. Token sales allow the company to collect the necessary economic resources for project development where the token itself will play a key role. Token in this sense allows the possibility of new technologies that offer innovative services.

What is an InsCoin Project?

KNOX Project will be the first insurance company to combine the real world with the digital world using Blockchain technology, create the most efficient and sophisticated structure in the sector, to find solutions for certification and anti-counterfeit insurance policies

Blockchain technology is very important for insurance companies in the following ways. This saves customers from illegal activities due to decentralization. Also increase the company's cash flow, eradicate the delay in the amount to be paid under the contract signed by the client. Also help brokers, instantly receive commissions.

KNOX's goal is to achieve, by utilizing blockchain, the decentralization of the entire insurance system. Decentralization means the transformation of traditional insurance policies from paper into smart contracts.

With smart contracts, the spread of fake insurance policies is avoided because it is the same system that issues them upon receipt of payment.

With smart contracts, the company will not have any delay in collecting credits, since the policy is issued only after receiving payment. This factor aims to improve the company's management significantly.

With an intelligent contract in the event of an accident, the actual judge who will decide whether to pay is no longer a company, which can have opportunistic behavior, but the chain block system will decide whether the accident is in line with the policy. This benefit will be the most important because it will increase the company's transparency to customers.

With the help of a platform developed by KNOX, the insurance policy will evolve into a fully automated and prevent possible conflict between the parties involved. Insurance companies will be established in Lisbon, Bermuda and Dubai and will work according to the world scale. Appropriate licenses will be obtained from the authorities of three states, allowing for insurance. In early winter 2018, an internal platform will be introduced, allowing clients to access their policies through smart contracts. The project team has done a remarkable job in 2017. That is: in May, a business plan for legal consultation was made, in which 150,000 euros was invested, and the partnership was formed with over 300 insurance brokers ready to work with the company.

INSCOIN tokens are a fundamental part of our project. Through it the customer can pay the insurance premium and can access the maximum level of authenticity of the policy, receive it in the form of smart contract.

Info Token

Token -

INSC - Ethereum Platform

Type - ERC20

PreICO Price - 1 INSC = 0.0002

ETH price at ICO - 1 INSC = 0.0002 ETH

Pre-ICO begins - June 23, 2018

Pre-ICO ends - July 7, 2018

Bonus - Available

Investment info

Min. 0.1 ETH investment

Receive - ETH

Distributed in ICO - 54%

Soft cap - 4,000 ETH

Hard cap - 39,444 ETH

Tokens for sale - 270,000,000

unallocated tokens will be burned after the ICO ends.

ROADMAP

TIM

For more information, please visit the link:

Website: https://www.inscoin.co/

Whitepaper: https://inscoin.co/assets/content/whitepaper_en.pdf

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/

BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=1851671

wallet: 0xFfa8CCDD722c08400465410A3cee356Ff366b6c7