News about Inscoin as a cryptocurrency insurance platform

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INSCOIN
The First Blockchain based insurance company

The 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 significantly improve company management. 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.

Image result for gambar inscoin

The INSCOIN project intends to use, among the many available, the Ethereum blockchain, which currently presents the largest number of real used cases and the economy of services and transactions currently in operation. Ethereum makes available, using its infrastructure and ERC20 technology, the creation of digital private coins of controlled issuance with which it is possible to support an entrepreneurial project. The sale of tokens allows companies to gather economic resources for the development of a project in which the token itself will play a key role. The token in this sense enables new technological possibilities that are innovative services.

The goal of KNOX is to achieve, by utilizing blockchain, decentralizing the entire insurance system. Decentralization means the transformation of traditional insurance policies from paper to smart contracts.

- With smart contracts, the spread of fake insurance policies is avoided because it is the same system that issued them after receiving payments.

- 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 significantly improve company management.

- With an intelligent contract in the event of an accident, the actual judge who will decide whether to pay it is no longer the company, which can have opportunistic behavior, but the block chain system will decide whether this accident complies with the policy provisions.

Token info
Token - INSC
Platform - Ethereum
Type - ERC20
PreICO price - 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
Bonus - Available
Investment info
Min. ETH investment0.1
Accepting - ETH
Distributed in ICO - 54%
Soft stamp - 4,000 ETH
Hard cap - 39,444 ETH
Tokens for sale - 270,000,000
Unallocated disease will be burned after the end of the ICO.
The INSCOIN token is a fundamental part of our project. Through it the customer can pay insurance premiums and can access the maximum degree of authenticity of the policy, receiving it in the form of smart contract.
Inscoin's supply will be 500,000,000 and will be distributed like this:
54% Token Sale
15% Blocked reserve (Broker WholeSaler)
10% Team and Advisors
9% Reserves distributed to the 3 insurance companies (blocked for 3 months and 10% monthly release)
10% Broker Network partnership, Legal and Insurance advisor
2% Airdrop and Bounty program


Image result for gambar inscoin

If you want to be closer and clearer, please ask Inscoin official source below:









Bitcointalk Username: deniyoga

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