InsCoin - The first insurance that combines the real world with the digital world
Hello everyone this time I will review InsCoin which is very unique and different from others.
About the InsCoin Project for Knox
KNOX Project will be the first insurance company to combine the real world with the digital world using Blockchain technology, and will create the most efficient and sophisticated structure in the sector, to find solutions for certification and anti-counterfeiting insurance policies.
Insurance policy
Thanks to the platform developed by Knox's insurance, the policy will develop to be fully automated and eliminate the possibility of conflicts of interest between the parties involved.
Insurance companies will be established in Lisbon, Dubai and the Bermuda Islands, to enable Knox's insurance to operate in a variety of laws and enable token economies on a global scale.
Smart Contract
Avoid spreading fake insurance policies because it is the same system that deletes them after receiving payment. With a smart contract, the company is not delayed in collecting credit because the policy is only issued after payment is received. This factor is intended to significantly improve the management of the company itself.
Smart contracts in case of an accident are real judges who decide to pay or no more companies, which can have opportunistic behavior, but the block chain system, really not interested in the human mind, will decide whether the accident meets the policy requirements. This benefit will be the most important because it increases the transparency of the company to customers.
The first project in the real world and the digital world!
KNOX Project will be the first insurance company to combine the real world with digital technology with Blockchain, creating the most efficient and sophisticated structure in the industry, to find solutions for certification and falsifying insurance policies.
Smart contracts avoid the spread of fake insurance policies because it is the same system that issued them after receiving payments. With a smart contract, the company is not delayed in collecting credit because the policy is only issued after payment is received. This factor is intended to significantly improve the management of the company itself.
Five good reasons why you should consider investing in InsCoin:
1. Customized.
Blockchain is perfect for the insurance world.
Block chains in public implementation solve fundamental problems in creating fewer trusts and unlicensed networks, where transaction participants can be considered legitimate, and therefore the potential for certification is related, with the permit mechanism produced by a system of incentives and negative incentives between the parties involved.
Non-certified document certification is one of the most important applications of Blockchain Technology, because documents certified on Blockchain are NEVER falsified.
Smart contracts avoid the spread of fake insurance policies because it is the same system that issued them after receiving payments. With a smart contract, the company is not delayed in collecting credit because the policy is only issued after payment is received. This factor is intended to significantly improve the management of the company itself.
With smart contracts for accidents, real judges who decide whether or not to pay are no longer companies that can have opportunistic behavior, but the blockchain system will decide whether the accident meets the policy requirements.
This benefit will be the most important because it increases the transparency of the company to customers.
2. A smarter way to change the insurance sector.
Many crypto-projects have tried to disrupt the insurance industry, from a decentralized perspective that will not be able to operate in the real world without relying on real companies.
In inscoin for us we want to do something different, we are big fans of decentralized platforms, in fact we will depend on the Ethereum network for the deployment of our smart contracts but behind our symbolic insocsa will be formed from 1 to 3 companies based on the number of ETH collected, remember that companies in the real world need security funds of several million dollars to be regulated legally, with offices in the Bermuda Islands, Dubai and Portugal.
We have studied this phase in detail thanks to our previous experience in the insurance industry and we have developed a certified business plan, which you can learn at the following link.
3. Lost ownership plans, inscoin killer tokens.
4. Roadmap ambitions and have applied relevant investments.
5. Team
An explosive mixture of the ambitions of young people and experts in their fields.
The InsCoin team is currently very young, ambitious, and open to investors and users, in addition to more than 10 developers under 30, there are insurance experts who have established and led insurance companies such as our CEO Agostino Luongo, (Hill Ltd) and our partners.
They are not afraid to show their faces and names on social media, it is very easy to find information about each team member.
For more details, you can see through the link below: https://inscoin.co/
You can also see the second video below to see how the project works from InsCoin:
Sales Token
- Ticker: INSC.
- Type: ERC20.
- Supply: 500'000'000 INSC.
- Price: 1 ETH = 5'000 INSC.
Allocation Tokens:
- Sales token = 54%.
- WholeSaler Broker = 15%
- Team and Advisor = 10%.
- Network Partnership Brokers = 10%.
- Reserves for 3 companies = 9%.
- Airdrop and Bounty programs = 2%.
- Use of Funds:
- Insurance Company Settings = 60%.
- Platform Development = 20%.
- Marketing = 10%.
- Reserve fund = 10%.
- PRE-ICO.
Payment in Ethereum will be accepted.
- Price = 1 ETH = 5,000 Tokens.
Deadline and Bonus:
- Week 1 = + 30% of INSC.
- Time 2 = + 25% of INSC.
Bonuses on tokens purchased.
Range and Bonus:
- Minimum 50 ETH = + 15% of INSC.
- Minimum 30 ETH = + 10% from INSC.
See the link below for more details about ICOs and Tokens: https://inscoin.co/documents/Whitepaper-EN.pdf
Conclusion
InsCoin is an ambitious project that wants to revolutionize the insurance sector! Indeed, from the proven knowledge of the company and in relation to the implementation of the Chain Block, through the InsCoin smart intention contract the To Knox Project is successful in its intent:
Maximum trust and transparency in the relationship between the company and the insured.
Combating Fraud policy.
To get all the latest development information from this InsCoin Project, you can see directly through the Link below:
WEBSITE: https://inscoin.co/#home
WHITEPAPER: https://inscoin.co/documents/Whitepaper-EN.pdf
TWITTER: https://twitter.com/INSCOINforknox
TELEGRAM: https://t.me/inscoinico
ANN THREAD: https://bitcointalk.org/index.php?topic=4422850
Author: pohon tumbang37
My Eth: 0xB62D8A32653B27aca79bF18dC1C61c7fE58A199b
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