INSCOIN FOR KNOX : The 1st BLOCKCHAIN BASED INSURANCE COMPANY

topisky (47)in #inscoin • 6 years ago

WHAT IS INSCOIN
Inscoin for knox is a knox project which is going to be the first insurance company linking both the outside world and the digital world together with the help of Blockchain technology, hence finding a lasting solution to issues frequently arising in the real world of insurance such as anti-forgery of insurance policies and certification
The insurance policies issued by Knox Insurance will be both in traditional paper form and in the form of smart contracts, allowing the customer to monitor their policies in real time, in full transparency and safety. Thanks to the platform developed by knox insurance, the policies will evolve to become fully automated and eliminate any possibility of conflict of interest between the parties involved

Benefits of Blockchain over the Insurance Industry

InsCoin for Customers
for Costumers

The smart contract prevents the diffusion of fraudulent insurance policies because it is the same system that will issue them after receiving payment.
The customer has total control of the insurance policy written on the Blockchain, checkable by anyone at any time.
The customer, through the WEB and Mobile platform, can access all the company's services and verify his policies.

InsCoin for Companies
for Insurance Company

With the smart contract, there will be no delays in collecting premiums, this will significantly improve the company's cash flow.
Thanks to the Blockchain, a fraudulent policy can never be charged to the Company.
Blockchain improves operational processes and ensures a totally unassailable security system.

InsCoin for Brokers
for Brokers
rning credibility in front of policy holders and beneficiaries.

Instant check of his admin report.

Immediate allocation of commissions.

HOW IT WORKS ON
BLOCKCHAIN?
The certification of the authenticity of the policies will be carried out partly on the internal platform of Knox Insurance and partly on the Blockchain of Ethereum. At the end of the certification process, will be issued a smart contract