INSCoin

What is InsCoin for Knox?

The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the most efficient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies.

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The insurance policies issued by Knox Insurance will be both in traditional paper form and in the form of smart contracts, allowing the customer to monitor their policies in real time, in full transparency and safety. Thanks to the platform developed by knox insurance, the policies will evolve to become fully automated and eliminate any possibility of conflict of interest between the parties involved.

Insurance companies will be established in Lisbon, Dubai and the Bermuda Islands, to allow Knox insurance to operate in different legislations and allow a token economy on a global scale.

InsCoin for Knox Project” aims to establish the first insurance company that will accept a Crypto (INSC) for the payment of insurance premiums, and the first that, with the help of the blockchain, will solve the problem of falsification of insurance policies. The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the most efficient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies. It will be the first ever to emit insurance policies both in smart-contract and traditional paper form. With the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment. With the smart contract the company won’t have delay in collecting credits, as the policy is issued only after receiving the payment.

The KNOX project provides for the establishment of the first insurance company that will merge the real world with the digital one using Blockchain technology, creating the most ecient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies.

INSCOIN PLATFORM

At the same time as the start of the three insurance companies, once the legal licenses have been obtained, with the help of the funds raised, an internal exchange platform will be created. This platform will have a fundamental role, through it the customer can access the purchase of insurance products offered by our structure.

The main functions of this platform will be:

Creation of customized profiles for Brokers, with their personal inscoin wallet.

• Possibility for the Broker to create for all his clients their underlying profiles, combined with his identification code and related wallet inscoin
• Possibility for each private customer to create their own profile, with relative inscoin wallet. Direct loading of all the policy features for an evaluation and a quote.
• Possibility of paying the policy as described in the previous paragraph. Reception, in case of purchase of the policy, of the address of the smart-contract with which you can verify the authenticity.

With the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment.With the smart contract the company won’t have delay in collecting credits, as the policy is issued only after receiving the payment. This factor aims to significantly improve the management of the company itself.

With the smart contract in the event of accidents the real judge who will decide whether or not to pay them is no longer the company, which could have an opportunistic behavior, but the blockchain system that, in a totally disinterested by the human opinion, will decide if this accident is compliant with the provisions in the policy. This benefit will be the most important as it will increase the transparency of the company towards customers.

Token Information :

Ticker: INSC

Type: ERC20

Total Supply: 500’000’000 INSC

Tokens for sale: 270’000’000 ISNC

Exchange rate: 1 ETH = 5’000 INSC

Soft Cap: 4’000 ETH

Hard Cap: 39’444 ETH

Unallocated tokens will be burned after the end of the ICO.

Pre-ICO starts: June 23, 2018

Pre-ICO ends: July 7, 2018

‍Pre-sale Price : 1 INSC = 0.0002 ETH

ICO Price: 1 INSC = 0.0002 ETH

Accepting: ETH

Soft cap: 4000 ETH

Hard cap: 39444 ETH

Bonuses: Up to 30%

ICO starts: July 23, 2018

ICO ends: August 23, 2018

For more information please visit links :

Website: https://inscoin.co/

Whitepaper: https://inscoin.co/documents/Whitepaper-EN.pdf

Twitter: https://twitter.com/INSCOINforknox

Telegram: https://t.me/inscoinico

Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272

ANN: https://bitcointalk.org/index.php?topic=4422850

Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/

Reddit: https://www.reddit.com/r/InsCoin/

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