InsCoin for Knox Project - The First Decentralized Insurance Company

hagz (30)in #inscoin • 6 years ago

"InsCoin for Knox Project" aims to establish the first insurance company that will accept a Crypto (INSC) for the payment of insurance premiums, and the first that, with the help of the blockchain, will solve the problem of falsification of insurance policies.

The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the most efficient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies. It will be the first ever to emit insurance policies both in smart-contract and traditional paper form.

With the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment.

With the smart contract the company won't have delay in collecting credits, as the policy is issued only after receiving the payment. This factor aims to significantly improve the management of the company itself.

With the smart contract in the event of accidents the real judge who will decide whether or not to pay them is no longer the company, which could have an opportunistic behavior, but the blockchain system that, in a totally disinterested by the human opinion, will decide if this accident is compliant with the provisions in the policy.

This benefit will be the most important as it will increase the transparency of the company towards customers.

As stated before, the ICO on the platform is one-coin costs roughly 1ETH or 7,000 Tokens. And you can register on the company website to stay up to date as to when it will actually be unveiled to the public. Until then, you’ll have to sit back and wait like everyone else does with anticipation for the new coin that is soon to be released.

HOW WORK?

The new project is currently in development and used for the Knox Project ICO. And the entire project is developed to help improve customer relationships with total and full transparency. There is a lot going on with the new company, and there is quite a bit of information on the company website. Not only that, but the information on the website is broken up into several different sections, all which are easy to navigate through and provide you with everything you need to learn about the coin.

The project has several different areas as said before. The first of which is the summary of the Insacoin project. And not only that, but the White Paper is also available too and full of information that is required to teach you about the project and everything going on in it.

And with the road map at hand, you can easily stay up to date on study projects, realizations for the company, such as the vision and even forecast new business plans. There are plenty of other general documents that are available as well.

The last two areas on the company website is the legal area that discloses the token sale information and conditions, as well as the legal terms. And then the team and advisors section where you can learn about the founders, advisors, developers, and partners of the company as well as gain new experience and trust with the company. Learn the background and information that is needed to manage and run an ICO and develop it, so it’s a platform worthy of investing from outside parties.

There is also a wealth of information and ways to keep up to date with the platform on the different social media sites. Facebook, Google Plus, LinkedIn, Twitter, Telegram, WhatsApp, Reddit, VK and Email are possible ways you can access the company with questions, comments or concerns. And you can also get coins as well soon enough.

Who Is Behind Inscoin?

Right now, the team is made up of about a dozen or so different people who are running the program. That includes advisors as well as team members and is sine the platform is still in early development too, there is a good chance that more people will appear on the team for the company.

Inscoin In Conclusion

If you want to invest into Inscoin, then you can go to the company website and learn for yourself what the company is all about. You’ll have to get on a waiting list, but at least you’ll be informed when something happens and you can be one of the first to be notified.

InsCoin for Knox Project - The First Decentralized Insurance Company

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