What is InsCoin for Knox?
KNOX Project is the first insurance company that aims to unite the real world with digital, creating the most effective and sophisticated structure in the sector to find solutions to certification and anti-counterfeiting policy issues. The KNOX Company provides insurance policy provisions, both in traditional paper form, and in the form of smart contracts. This is very convenient for users, as they can fully control their actions in real time under complete security and transparency conditions.
This is a great company that introduced the addition of blockchain technology to existing methods previously used with the use of crypto currency to find possible solutions to fraud issues, certifications and other issues that appear on the platform. The policy adopted by Knox Company will support the old method and new implementation to solve the problems facing the insurance company. The KNOX insurance company will be located in the following places, Lisbon, Dubai, and the Bermuda Islands to allow unlimited free operation.
How Can Blockchain Work?
The policy authenticity certification will be made partly on Knox Insurance's internal platform and partly on Blockchain Ethereum. At the end of the certification process, a smart contract will be issued that combines the authenticity and scope of the policy while respecting the privacy rights of the contracting party.
Why can Blockchain change the Insurance Industry?
For Customers
- Smart contact prevents the diffusion of fraudulent insurance policies because it is the same system that will publish it after receiving payment.
- Customers have full control over the insurance policies written on Blockchain, which can be checked by anyone at any time.
- Customers, through the WEB and Mobile platforms, can access all company services and verify their policies.
For Insurance Company
- With a smart contract, there will be no delay in collecting premiums, this will significantly increase the company's cash flow.
- Thanks to Blockchain, fraudulent policies can never be billed to companies.
- Blockchain improves operational processes and ensures a truly unshakable security system.
For Brokers
- Generate credibility in front of policyholders and beneficiaries.
- Instant check of its admin reports.
- Immediate commission allocation.
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 by eradicating the delay in the amount to be paid for the contract made by the customer. Also help brokers by getting instant commissions without delay.
Roadmap
ICO Information
- Token symbol = > SC
- Token type = > ERC20 (Ethereum network)
- Token Total Supply = > Total 500 million has a supply
- TOKEN SALE = > Total amount
- 270 million is allocated for token sales
- Exchange rate = > The coin will change at 1eth = 5000ınsc.
- Soft Cap = There is a soft cover of 4.000 ETH which is a very good project.
- Fixed lid = > 39.444 The fixed lid of the ETH will be destroyed after the sale period of tokens that are not sold.
- PRE-Ico = > for early investors, Preco Ico starts on June 23, 2018, and ends on July 7, 2018.
- Ico = > He starts on July 23, 2018, and ends on 23 August 2018 and lasts exactly 1 month.
There have been additional bonuses devoted to each stage of the Ico, which is a good development for investors.
TOKEN allocation
- 54% of total desire is allocated for sale on a coin
- 15% transferred to wholesale
- 10% assigned to teams and consultants
- Allocated to 10% network partnerships
- 9% allocated to the company
- 2% allocated to airdrop and Bounty
Fund allocation
- 60% of insurance companies were allocated to the establishment
- 20% allocated for Platform development
- Paid 10% for marketing
- 10% paid for the reserve
Partners
INSCOIN This is the crypto currency that will be used for every activity or transaction in Insurance Company.
More Information:
Website: https://inscoin.co/Whitepaper: https://inscoin.co/#whitepaper
Sosial Media
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/
Authored by. Irji Belajar
Bitcointalk Username: JandaLover
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1114280
ETH Address: 0x88E6436f37cB5479b3AF0D92ca1351841CDb0C48
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