About InsCoin for Project Knox
InsCoin for Project Knox "aims to create the first insurance company to receive Crypto (INSC) for insurance premiums, and the first, with the help of blockchain, will solve the problem of counterfeit insurance policies.
The KNOX project will be the first insurance company to unite the real world with the digital world using Blockchain technology, creating the most effective and complex structure in this sector to find solutions for certification and anti-counterfeit insurance policies. This will be the first release of insurance policies in the form of smart contracts and traditional paper.
When using smart contracts, the distribution of counterfeit insurance policies is excluded, since this is the same system that issues them when they receive a payment.
With the help of smart contracts, the company will not delay collection of loans, since the policy is issued only after receiving the payment. This factor is aimed at improving the management of the company.
With clever contracts in the event of an accident, the real judges who decide whether to pay them or not are no longer a company that can have opportunistic behavior, and the chain system, which is absolutely not interested in the person's opinion, will decide whether the accident is in compliance with the policy.
This advantage will be the most important, as this will increase the transparency of the company to customers.
The INSCOIN project intends to use among the many available block chain Ethereum, which currently represents the largest number of real-world cases of use, as well as the economies of service and transactions that are currently operating. Ethereum provides, using the infrastructure and technology of ERC20, the creation of digital personalized coins from the publication of tokens, which allow supporting entrepreneurial projects. Token sales allow the company to collect the necessary economic resources to develop a project, where the token itself will play a key role. Token in this sense makes it possible to use new technologies that offer innovative services.
The goal of KNOX is to achieve, by using the lock, the decentralization of the entire insurance system. Decentralization means the transformation of traditional insurance policies from paper into intellectual contracts.
When using smart contracts, the distribution of counterfeit insurance policies is excluded, since this is the same system that issues them when they receive a payment.
With the help of smart contracts, the company will not delay collection of loans, since the policy is issued only after receiving the payment. This factor is aimed at improving the management of the company.
With a reasonable contract in the event of an accident, the actual judge who decides whether to pay, is no longer a company that can have opportunistic behavior, but the chainblock system will decide whether the accident corresponds to the policy. This advantage will be the most important, as this will increase the transparency of the company to customers.
The goal is to reach KNOX, using blockages, to decentralize the entire insurance system. Decentralization means the transformation of traditional insurance policies from paper into intellectual contracts.
1. With a smart contract, the distribution of counterfeit insurance policies is prevented, since it is the same system that issued them after receiving the payment.
2. In the presence of a reasonable contract, the company will not delay collection of loans, since the policy is issued only after receipt of payment. This factor is aimed at improving the management of the company.
3. If there is a reasonable contract in the event of an accident, the actual judge who decides whether to pay it is no longer a company that may have opportunistic behavior, but the block chain system will decide whether the accident corresponds to the policy provisions. This advantage will be the most important, as this will increase the transparency of the company to customers.
Info-
Token Token - INSC
Platform - Ethereum
Type - ERC20
Price PRICO - 1 INSC = 0.0002 ETH
Price in ICO - 1 INSC = 0.0002 ETH
Pre-ICO starts - June 23, 2018
Pre-ICO ends - July 7, 2018 year
Bonus - Available
Investment information
Minimum investment0.1 ETH
Receive - ETH
Distributed in ICO - 54%
Soft cover - 4000 ETH
Hard cover - 39 444 ET
Current on sale - 270.000.000
Undistributed tokens will be burned after the end of the ICO.
INSCOIN signs are a fundamental part of our project. Due to this, the client can pay an insurance premium and gain access to the maximum level of authenticity of the policy, to receive it in the form of a smart contract.
Inscoin's supply will be 500,000,000 and will be distributed as follows:
Sales current 54% 15% Blocked units (WholeSaler Broker)
10% Team and advisor
9% Reserves are distributed among 3 insurance companies (blocked for 3 months and 10% of the monthly issue)
10% partnership Network broker, legal counsel and insurance
2% Airdrop and Bounty program
Street card
Implementation of the training project (MARET 2017)
Team building
Create the first cooperation network
Forecasts of the business plan (MEI 2017)
Legal advice
Invest € 150 000
Licensed platform IT Insurance (JULY 2017)
Invested 300 000 euros in a certified insurance platform
Insurance partnership (OCTOBER 2017 )
Partnership with more than 300 insurance brokers ready to work with the company
Planning ICO (FEBRUARY 2018)
Developing a planning and marketing plan ICO
PRE-ICO (JUNE 2018)
Starting with PRE-ICO
ICO (JULY 2018)
Starting with ICO
Trading insoin for Kru Stock exchanges (SUMMER 2018)
InsCoin will be listed on the main exchange to provide an easy implementation for future customers of the company and an accurate amount compared to our revenues.
Compliance with the conditions for obtaining a license for insurance (AUTUMN 2018)
We will get permission from the authorized authorities of the three countries to provide legal insurance services.
Implementation of an internal platform (WINTER 2018)
This allows customers to access their policies through a smart contract.
Smart contract in the insurance business (WINTER 2018)
Smart contracts are increasingly becoming the main actors in the insurance industry
TEAM
" FOR MORE INFORMATION "
Website: https://www.inscoin.co/
Technical documentation: https://inscoin.co/assets/content/whitepaper_en.pdf
Telegram: https://t.me/inscoinico
Twitter: https://twitter.com/inscoinforknox
USER NAME BTT : DEWI08
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