Best Inscoin Platform
Hi all!!
Are you looking for a safe, honest and transparent person in insurance?
Inscoin solution.
Introducing the INSCOIN Project as the best, safest, honest insurance in Cryptocurrency
Insurance
is one of the oldest industries, and can be seen as part of the growth of modern businesses that have come to define communities throughout the world. While insurance in the form that we will recognize today begins with the first insurance contract in 1347, methods for transferring and distributing risks in monetary economics have been observed in China in the third millennium BC. One thing that has defined the insurance sector for thousands of years is its ability to adapt its practices to suit the changing technological landscape. From contracts written on parchments to large websites and data, the industry has changed rapidly.
Blockchain
is the latest game technology modifier to include images, and many predict that distributed ledgers can have a profound effect on how insurance companies can operate. One important issue that seems to be designed by blockchain technology is the principle that underlies "full goodwill" in insurance contracts. This principle states that every party who enters into an insurance contract has a legal obligation to act with a standard of "greater honesty than is usually required in most commercial contracts." This means that insurance companies are asked to believe that they are told the truth by the person who want to take out insurance This is different from other contracts, which are usually based on the principle of 'let the buyer be careful', or the idea that the buyer assumes the risk that the product might fail to meet their expectations.
Apply blockchain to problems
this means that insurance contracts and consumer personal data can be stored in a distributed ledger, with consumers controlling who has access. Data remains stored on the user's personal device and this can eliminate the need for brokers and other intermediaries who appear as mediators between insurance companies and consumers. Blockchain not only offers promises to reduce costs and efficiency, but can also enable revenue growth, because insurance companies attract new businesses through high-quality services.
Blockchain technology
Can help the wholesale insurance sector fulfill its role in supporting the global economy more effectively. Just as blockchain is being pursued as a force for positive change in other fields of society - from identification for refugees to better public services - it can also help wholesale insurance to carry out their responsibilities for the common good.
KNOX Project
Will be the first insurance company to combine the real world with the digital world using Blockchain technology, creating the most efficient and sophisticated structure in the sector, to find solutions to the problems of certification and anti-counterfeiting insurance policies. With a smart contract, the spread of fake insurance policies is avoided because it is the same system that issued them after receiving payment. With a smart contract, the company will not have a delay in collecting credit, because the policy is issued only after receiving payment.
This factor aims
To improve company management significantly. By contracting intelligently in the event of an accident, real judges who will decide whether or not to pay them are no longer companies, which could have opportunistic behavior, but the blockchain system which, in really not interested in human opinion, will decide whether this accident corresponds to provisions in the policy. This benefit will be the most important because it will increase the company's transparency towards customers.
Allocation
In insurance, how payments are made or what is actually paid is a complicated subject. In the KNOX platform, this problem does not exist at all. INSCOIN Token, a cryptocurrency based on Ethereum ERC20 technology, is used for every payment on the platform. This is goodbye to unfinished insurance claims or late payments since the smartest ethereum technology contract reached by the insurance company and insured, executes the terms of the agreement that is guaranteed to make payments immediately. Users cannot be fooled, no matter who they face.
INSCOIN => This is the crypto currency that will be used for every activity or transaction at https://www.inscoin.co/ Insurance Company.
Are you looking for a safe, honest and transparent person in insurance?
Inscoin solution.
Insurance
is one of the oldest industries, and can be seen as part of the growth of modern businesses that have come to define communities throughout the world. While insurance in the form that we will recognize today begins with the first insurance contract in 1347, methods for transferring and distributing risks in monetary economics have been observed in China in the third millennium BC. One thing that has defined the insurance sector for thousands of years is its ability to adapt its practices to suit the changing technological landscape. From contracts written on parchments to large websites and data, the industry has changed rapidly.
Blockchain
is the latest game technology modifier to include images, and many predict that distributed ledgers can have a profound effect on how insurance companies can operate. One important issue that seems to be designed by blockchain technology is the principle that underlies "full goodwill" in insurance contracts. This principle states that every party who enters into an insurance contract has a legal obligation to act with a standard of "greater honesty than is usually required in most commercial contracts." This means that insurance companies are asked to believe that they are told the truth by the person who want to take out insurance This is different from other contracts, which are usually based on the principle of 'let the buyer be careful', or the idea that the buyer assumes the risk that the product might fail to meet their expectations.
Apply blockchain to problems
this means that insurance contracts and consumer personal data can be stored in a distributed ledger, with consumers controlling who has access. Data remains stored on the user's personal device and this can eliminate the need for brokers and other intermediaries who appear as mediators between insurance companies and consumers. Blockchain not only offers promises to reduce costs and efficiency, but can also enable revenue growth, because insurance companies attract new businesses through high-quality services.
Blockchain technology
Can help the wholesale insurance sector fulfill its role in supporting the global economy more effectively. Just as blockchain is being pursued as a force for positive change in other fields of society - from identification for refugees to better public services - it can also help wholesale insurance to carry out their responsibilities for the common good.
KNOX Project
Will be the first insurance company to combine the real world with the digital world using Blockchain technology, creating the most efficient and sophisticated structure in the sector, to find solutions to the problems of certification and anti-counterfeiting insurance policies. With a smart contract, the spread of fake insurance policies is avoided because it is the same system that issued them after receiving payment. With a smart contract, the company will not have a delay in collecting credit, because the policy is issued only after receiving payment.
This factor aims
To improve company management significantly. By contracting intelligently in the event of an accident, real judges who will decide whether or not to pay them are no longer companies, which could have opportunistic behavior, but the blockchain system which, in really not interested in human opinion, will decide whether this accident corresponds to provisions in the policy. This benefit will be the most important because it will increase the company's transparency towards customers.
Allocation
In insurance, how payments are made or what is actually paid is a complicated subject. In the KNOX platform, this problem does not exist at all. INSCOIN Token, a cryptocurrency based on Ethereum ERC20 technology, is used for every payment on the platform. This is goodbye to unfinished insurance claims or late payments since the smartest ethereum technology contract reached by the insurance company and insured, executes the terms of the agreement that is guaranteed to make payments immediately. Users cannot be fooled, no matter who they face.
INSCOIN => This is the crypto currency that will be used for every activity or transaction at https://www.inscoin.co/ Insurance Company.
If you want to be closer and clearer, please ask Inscoin official source below:
WHITE PAPER: https://inscoin.co/#whitepaper
ANN THREAD: https://bitcointalk.org/index.php?topic=4422850
WEBSITE: https://inscoin.co/
TELEGRAM: https://t.me/inscoinico
STEEMIT: https://steemit.com/@inscoin
TWITTER: https://twitter.com/INSCOINforknox
Bitcointalk Username: deniyoga
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1978689
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