INSCOIN insurance platform

larrybabs (25)in #steemit • 6 years ago

The "InsCoin for Knox Project" aims to establish the first insurance company to accept Crypto (INSC) for payment of premiums, and will first solve the insurance policy forgery with the help of the block chain.

The KNOX project will be the first insurance company to combine the real world and the digital world using Blockchain technology to find solutions to authentication and anti-counterfeiting problems. In addition to intelligent contracts, we will be the first to announce traditional paper-based insurance policies.

The spread of false insurance policies through intelligent contracts can be avoided because the system is the same as the problematic system after receiving the payment.

With intelligent contracts, the company will issue policies only after receiving payments, so there is no delay in the receipt of credit. This element aims to greatly improve the management of the company itself.

The actual judge to decide whether or not to pay for an intelligent contract when an accident occurs complies with the provisions of this accident policy using this blocker system, which is no longer a company that can do opportunistic behavior but is completely indifferent to human opinion .

This benefit is most important because it will increase the transparency of your company to your customers.

The INSCOIN project seeks to use a number of useful features that can take advantage of the economics of the services and transactions currently in operation and the chain of Ethereum blocks with the largest number of actual cases currently in use. Ethereum can use infrastructure and ERC20 technology to create private digital call-controlled emissions (tokens) that can support business projects. The sale of tokens allows the tokens to collect the economic resources needed to develop a project that will play a key role. Tokens in this sense allow new technological possibilities to provide innovative services.

The goal of KNOX is to decentralize the entire insurance system using a blockchain. Decentralization means shifting traditional paper insurance policies into wise agreements.

The spread of false insurance policies through intelligent contracts can be avoided because the system is the same as the problematic system after receiving the payment.
With intelligent contracts, the company will issue policies only after receiving payments, so there is no delay in the receipt of credit. This element aims to greatly improve the management of the company itself.
The actual judge who decides whether or not to pay an intelligent contract when an accident occurs is no longer a company that can take opportunistic behavior, but the chainblock system determines whether the incident complies with the provisions of the policy. This benefit is most important because it will increase the transparency of your company to your customers.

In Conclusion
This innovation is unique in the blockchain technology. Grab the opportunity

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