INSCOIN | Introducing Blockchain Based Insurance
This article is about the risk management methods in the blockchain network by INSCOIN.
Insurance is a technique for security from a financial incident. It is a sort of managing risk, basically a way of combating against unnecessary disaster.
Insurance companies have been existing for long in the developed countries, and there have been types of insurance which include; house insurance, vehicle insurance and even, life insurance.
As the blockchain technology and crypto at large is growing wild, Inscoin has decided to inculcate this risk control method into the system.
Stay with me, let's see what Inscoin has to offer.
About Inscoin
Inscoin has set up the main insurance organization that will acknowledge Crypto for the payment of insurance.
The platform is the first insurance organization that unions this present reality with the computerized world utilizing Blockchain innovation, making the most productive and propelled structure in the part to discover an answer for the issue of imitation of insurance strategies. It is the first ever to discharge insurance approaches both in the smart contract and customary paper frame.
the spread of phony insurance arrangements is maintained a strategic distance, With smart contracts since it is a similar framework that issues an endless supply of installment.
Insurance organizations will be built up in Dubai, Lisbon and the islands of Bermuda to enable KNOX insurance to work in various authoritative acts and resolve the emblematic economy on a worldwide scale.
Favourable Circumstances of Blockchain Insurance in Crypto
For Customers
- The customer has full control over the insurance approach composed on Blockchain.
- There will be no snags in gathering premiums, this will altogether enhance the organization's income.
- Smart Contract forestalls false insurance policies, as it is the framework that will issue them after payment is made.
- Through the WEB, the customer can get to every one of the administrations of the organization and check its approach.
For Brokers
- Immediate conveyance of commissions.
- Getting trust before holders and recipients.
The objective of Inscoin is to achieve a decentralization of the entire insurance framework, using the blockchain.
In Conclusion
This innovation is unheard of in the blockchain technology, and it is definitely going to make a change in the industry, so i urge you to get along with this project at once.
Token\ICO Details
Token | INSC |
---|---|
Type | ERC20 |
Platform | Ethereum |
Supply | 500'000'000 INSC |
ICO Price | 0.0002 ETH = 1 INSC |
PRE-ICO | June 23 - July 7, 2018 |
ICO | July 23 - August 23, 2018 |
SoftCap | 4,000 ETH |
HardCap | 39,444 ETH |
Useful Links
Website - Whitepaper
Telegram - Twitter
Reddit - Facebook
Steemit - Bitcointalk
Youtube - LinkedIn
Author | Pedro |
---|---|
[email protected] | |
Bitcointalk Username | Cosmicart |
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