INSCOIN KNOX PROJECT: an insurance Blockchain

larrybabs (25)in #cryptocurrency • 6 years ago

Insurance is a technique for security from a financial incident. It is a sort of managing risk, basically a way of combating against unnecessary disaster.
Insurance companies have been existing for long in the developed countries, and there have been types of insurance which include; house insurance, vehicle insurance and even, life insurance.
As the blockchain technology and crypto at large is growing wild, Inscoin has decided to inculcate this risk control method into the system.

Inscoin has set up the main insurance organization that will acknowledge Crypto for the payment of insurance.
The platform is the first insurance organization that unions this present reality with the computerized world utilizing Blockchain innovation, making the most productive and propelled structure in the part to discover an answer for the issue of imitation of insurance strategies. It is the first ever to discharge insurance approaches both in the smart contract and customary paper frame.
the spread of phony insurance arrangements is maintained a strategic distance, With smart contracts since it is a similar framework that issues an endless supply of installment.
Insurance organizations will be built up in Dubai, Lisbon and the islands of Bermuda to enable KNOX insurance to work in various authoritative acts and resolve the emblematic economy on a worldwide scale.

The objective of Inscoin is to achieve a decentralization of the entire insurance framework, using the blockchain.
For Customers:
The customer has full control over the insurance approach composed on Blockchain.
There will be no snags in gathering premiums, this will altogether enhance the organization's income.
Smart Contract forestalls false insurance policies, as it is the framework that will issue them after payment is made.
Through the WEB, the customer can get to every one of the administrations of the organization and check its approach.
For Brokers:
Immediate conveyance of commissions.
Getting trust before holders and recipients.

About tokens
Token -
INSC Platform -
Type Ethereum -
Price ERIC20 PreICO - 1 INSC = 0.0002
ICO ETH Price - 1 INSC = 0.0002 ETH
Pre - ICO Start - June 23,
2018 Pre - ICO Termination - July 7, 2018

Bonus - Yes

Investment Information

Minimum investment of 0.1 ETH
Acceptance -
Distribution of ETH ICO - 54%
Soft cover - 4,000 ETH cover
hard - 39,444 ETH

Token for Sale:
270,000,000 unassigned tokens are burned after ICO shutdown.

The INSCOIN token is a fundamental part of our project. This allows the customer to pay premiums and access the maximum authenticity of the policy in the form of intelligent agreements.

The supply of Inscoin is 500 million and will be distributed as follows:

54% Token Sales
15% Reservation Blocked (WholeSaler Broker)
10% Team and Advisors
9% 3 Reserves (3 Months, 10%) to Insurers 10% of
Brokers, Legal Advisor and Insurance Network
2% Associate Professor Airdrop and Bounty program

Roadmap

Realization of research project (March, 2017)
Creation of team
First collaboration network construction

Plan Business Plan (MAY 2017)
Legal Consulting
Investment of 150,000 euros

Platform with IT insurance license (July 2011)
Investment of € 300,000 for certified insurance platform

Insurance Association (OCTOBER 2017) We
are ready to work with your company in partnership with more than 300 insurance brokers.

ICO Plan (February 2018)
ICO Planning and Marketing Plan Development

Advance ICO (June 2018)
Start of PRE-ICO

ICO (July 2018)
Start of ICO

Inscoin in the Pocket (Summer 2018)
InsCoin is quoted from major exchanges to ensure easy implementation to the company's future customers and to ensure sales volume to sales.

Implementation to obtain insurance license (AUTUMN 2018)
We will be authorized to provide legal insurance services from the official authorities of the three countries.

Introducing Internal Platforms (WINTER 2018)
Clients can access policies through intelligent agreements.

Smart contracts in the insurance business (WINTER 2018)
Smarter contracts will become more and more active in the insurance industry.