INSCoin The First Decentralized Insurance Company

Insurance is a method for overseeing dangers. When you purchase protection, you exchange the cost of a potential misfortune to the insurance agency in return for a charge, known as the premium. Insurance agencies contribute the assets safely, so it can develop, and pay out when there's a claim.
The KNOX project is the first insurance company, build on blockchain. It obliges the establishment of the primary protection office that will unite the veritable world with the mechanized one using Blockchain development, making the most efficient and impelled structure in the division, to find an answer to the issue of affirmation and against misrepresentation of security courses of action.

Why INSCoin?
The objective of KNOX is to reach, by abusing the blockchain, a decentralization of the entire protection framework. Decentralization implies the change of customary protection approaches from paper into shrewd contracts.
The protection approaches issued by Knox Insurance will be both in conventional paper frame and as shrewd contracts, enabling the client to screen their arrangements continuously, in full straightforwardness and security. On account of the stage created by KNOX protection, the arrangements will advance to wind up completely computerized and dispense with any plausibility of irreconcilable situation between the gatherings included.
Insurance agencies will be built up in Lisbon, Dubai and the Bermuda Islands, to enable Knox protection to work in various enactments and permit a token economy on a worldwide scale.

Blockchain technology is very important for insurance companies in the following ways. This saves customers from illegal activities due to decentralization. Also increase the company's cash flow, eradicate the delay in the amount to be paid under the contract signed by the client. Also help brokers, instantly receive commissions.

The KNOX project will be the first insurance company to incorporate the world of newcomers with blockchain technology, to create certification and insurance policies.

What is an InsCoin Project?
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 certification and anti-counterfeit insurance policies, as described above.

"InsCoin for Knox Project" aims to establish the first insurance company to receive Crypto (INSC) for insurance premium payments, and the first, with the help of blockchain, will solve the problem of counterfeiting insurance policies.

With smart contracts, the spread of fake insurance policies is avoided because it is the same system that issues them upon receipt of payment.

The INSCOIN project intends to use, among many available, the Ethereum blockchain, which currently presents the largest number of real cases in use and the service economy and transactions currently in operation. Ethereum provides, using ERC20 infrastructure and technology, the creation of digital personalized coins from token publishing that allow to support entrepreneurial projects. Token sales allow the company to gather the necessary economic resources for project development where the token itself will play a key role. Token in this sense allows the possibility of new technologies that offer innovative services.

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

How does InsCoin work?
This new project is under development and used for the ICO Knox Project. And the whole project was 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 lot of information on the company website. Not only that, but the information on the website is broken down into several different sections, all of which are easy to navigate through and give you everything you need to learn about coins.

How can Blockchain change the insurance industry?

To customers
Smart contracts prevent the spread of fraudulent insurance policies, since it is the same system that will be issued
once payment is received.

The customer has full control over the insurance policy.

Subscribers can access all WEB services and mobile platforms and check their policies.

For insurance companies
With smart contracts, there will be no delays in premium collection, achieved by increasing the company's cash flow.

Thanks to Blockchain, fraudulent policies will never be passed on to the company.

Blockchain enhances business processes and ensures a truly unshakable security system.

For brokers
Get credibility for policyholders and beneficiaries.

Direct control over its administrative reports.

Immediate commission allocation.

In insurance, how payment is made or what is actually paid is a complicated subject. In the KNOX platform, this issue simply does not exist. INSCOIN Token, a cryptocurrency based on Ethereum ERC20 technology, is used for every payment on the platform. It is goodbye to unfinished insurance claims or late payments since the smartest contracts of ethereum technology reached by insurance companies and insured, executing the terms of the insured agreement immediately make the payment. Users can not be fooled, no matter who they are dealing with.

INSCOIN => This is the crypto currency that will be used for each activity or transaction at https://www.inscoin.co/ Insurance Company.

Info Token

Token - INSC
Platform - Ethereum
Type - ERC20
PRICO price - 1 INSC = 0.0002 ETH
Price at ICO - 1 INSC = 0.0002 ETH
Pre-ICO begins - June 23, 2018
Pre-ICO ends - July 7, 2018

Bonus - Available

Investment info

Min. investment0.1 ETH
Receive - ETH
Distributed in ICO - 54%
Soft cap - 4,000 ETH
Hard cap - 39,444 ETH

Token on sale - 270.000.000
Unallocated tokens will be burned after the ICO ends

Team

Fund Utilization
20% - Product development: advancement of the INSCoin Platform as indicated by item guide what's more, contract new blockchain designers.
60% - Insurance company set-up: business improvement furthermore, vital associations.
10% - Communication and marketing: interest in advertising and promoting efforts to increment undertaking's mindfulness and token's selection.
10% - Reserve funds: give liquidity to future money related arrangements and stage functionalities.

For more information:

Website: https://inscoin.co/
Telegram: https://t.me/inscoinico
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Twitter: https://twitter.com/inscoinforknox
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Reddit: https://www.reddit.com/r/InsCoin/

HellenXaveria
BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=980199
ETH : 0xD6AF7435Fd7c6DB12B00E92752c03A7d466A52e8