Inscoin - Blockchain changes the insurance industry
KNOX will be the first insurance company to combine the real world with digital technology using Blockchain technology, creating the most efficient and advanced structure in the industry, to find solutions to the problem of proof. Receive and protect against insurance policies.
Insurance companies will be established in Lisbon, Dubai and the Bermuda Islands, to allow Knox insurance to operate in various laws and to allow a global token economy.
The INSCOIN project, which is intended to be used, among the many available Ethereum Segments, currently represents the largest number of actual use cases and economies of services and transactions currently in operation. Ethereum is available, using its infrastructure and ERC20 technology, creating private digital coin of controlled release (token) that it can support a business project. The sale of a token allows companies to collect the economic resources necessary for the development of a project in which the token itself would play an important role. The tokens in this sense allow the ability of new technologies that o er innovative services
The goal of KNOX is to achieve, by exploiting blockchain, the decentralization of the entire insurance system. Decentralization is the conversion of traditional paper-based insurance policies into smart contracts.
With smart contracts, the spread of fake insurance policies is avoided because it is the same system that releases them after receiving payment.
With a smart contract, the company will have no delays in obtaining credit because the policy is only issued after the payment is received. This factor is to significantly improve the management of the company.
With a smart contract in the event of an accident, the judge will actually decide whether to pay them no longer as the company may have opportunistic behavior. , but the chain system will decide whether the accident is in compliance with the regulations. in policy. This benefit will be most important as it will increase the company's transparency to the customer
With a smart contract, the company will have no delays in obtaining credit because the policy is only issued after the payment is received. This factor is to significantly improve the management of the company.
With a smart contract in the event of an accident, the judge will actually decide whether to pay them no longer as the company may have opportunistic behavior. , but the chain system will decide whether the accident is in compliance with the regulations. in policy. This benefit will be most important as it will increase the company's transparency to the customer

As you can understand, the advent of smart contracts is an important step towards a fair relationship between the company and the customer. A relationship that supports maximum transparency and that will allow the same company to have a reputation for behavior that has never been seen before, which is important because in the field of insurance, NAME and REPUTATION are the main factors.
PLAN INSCOIN
At the same time as the start of the three insurance companies, once the legal licenses have been collected, with the help of funds raised, an internal exchange platform will be created. This platform will play a fundamental role through which customers can access the purchase of insurance products set by our structure.
The main functions of this platform will be: Create custom profiles for brokers, with their wallet.
The ability for a broker to create for all his clients their basic profile, combined with his or her identity and associated wallet.
The ability for each individual customer to create their own profile, with a relative currency wallet. Directly upload all policy features for reviews and quotes.
Policy solvency as described in the preceding paragraph. Receipt, in the case of purchasing policies, the address of the contract smart you can verify the authenticity.
The ability for each individual customer to create their own profile, with a relative currency wallet. Directly upload all policy features for reviews and quotes.
Policy solvency as described in the preceding paragraph. Receipt, in the case of purchasing policies, the address of the contract smart you can verify the authenticity.
The internal platform is the foundation for the project because through it we can manage all initiatives of our project with caution.
Five good reasons why you should consider investing in InsCoin:
- Custom.
Blockchain fits perfectly with the world of insurance.
The blocking chain in a public deployment addresses the fundamental problem of creating less reliable and less authoritative networks in which participants in the transaction can be considered legitimate and therefore may have interoperability certification. with the licensing mechanism created by the incentive system and the negative incentives between the involved parties.
Document certification has not been certified as one of the most important applications of Blockchain technology, since the documents certified in Blockchain are NEVER tampered with.
Smart contracts avoid spreading fake insurance policies as it is the same system that releases them when they receive payment. With smart contracts, the company has no delay in obtaining credit because the policy is only issued after the payment is received. This factor is to significantly improve the management of the company.
With a smart contract for an accident, the judge in fact decides whether or not the pay is no longer a company that may have opportunistic behavior, but the blockchain system will decide if the accident meets the terms. of the policy or not.
This benefit will be most important as it increases the company's transparency to the customer.
- A smarter way to change the insurance industry.
Many cryptographic projects have tried to break the insurance industry, from a decentralized perspective that would not be able to operate in the real world without depending on the real companies.
In financing for knox we want to do something different, we are the big fans of the decentralized platform, in fact we will rely on the Ethereum network to deploy their smart contract I, but after the insocsa our logo will be formed from 1 to 3 companies based on the number of collected ETH, remember that real world companies need a security fund worth a few million dollars to be legally managed, with offices in the Bermuda Islands, Dubai and Portugal.
We have researched this phase in detail due to our previous experience in the insurance industry and we have developed a certified business plan that you can learn from the following links. .
- The Defletion Asset Plan killer token inscoin.
- Desire roadmap and apply the relevant investments
- Team.
A blended ambitious mix of young people and professionals in their field.
The InsCoin team is very young, ambitious and open to investors and users. In addition to more than 10 developers under the age of 30, insurance experts have established and led insurers such as Insurance Our Executive Agostino Luongo, (Hill Ltd) and partner.

Code: INSC
Type: ERC20
Offer: 500000000 INSC
Price: 1 ETH = 5000 INSC
Type: ERC20
Offer: 500000000 INSC
Price: 1 ETH = 5000 INSC
Conclusion.
InsCoin is an ambitious project to revolutionize the insurance industry! Indeed, from the proven knowledge of the company and in conjunction with the implementation of the Chain Block, through the InsCoin contract, the intelligent To Knox project will succeed in the
Website purpose : https: // inscoin.co/
Whitepaper: https://inscoin.co/documents/Whitepaper-EN.pdf
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272
Twitter: https://twitter.com/ INSCOINforknox
Bitcointalk: https://bitcointalk.org/index.php?topic=4422850
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Steemit: https://steemit.com/@inscoin
Telegram https://t.me/inscoinico
Reddit : https://www.reddit.com/r/InsCoin/
Website purpose : https: // inscoin.co/
Whitepaper: https://inscoin.co/documents/Whitepaper-EN.pdf
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272
Twitter: https://twitter.com/ INSCOINforknox
Bitcointalk: https://bitcointalk.org/index.php?topic=4422850
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Steemit: https://steemit.com/@inscoin
Telegram https://t.me/inscoinico
Reddit : https://www.reddit.com/r/InsCoin/
Author by: Ayin2206
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