Kamis, 26 Juli 2018

InsCoin as the First Blockchain Based Insurance Company

  javaland       Kamis, 26 Juli 2018


What is InsCoin?
InsCoin is a KNOX project that will become the first insurance company by using blockchain technology. By using blockchain technology it will create real-world integration and the digital world that can make the structure more efficient and sophisticated, especially in terms of insurance.
So, InsCoin was created to find and provide solutions to certification counterfeiting and insurance policies.

InsCoin Insurance Policy
Automatically the policy will be fully developed and eliminate the possibility of a conflict of interest between the parties involved with the platform of InsCoin developed by KNOX.
The first insurance company with blockchain technology is planned to be established in Lisbon, Dubai and the Bermuda Islands to enable this KNOX insurance to operate in various laws and enable the implementation of token economy on a global scale.

InsCoinSmart Contract
The existence of a smart contract will prevent you from spreading fake insurance policies. By using a smart contract, the company will not be delayed in collecting credit because the policy is only issued after payment is received. This will certainly increase the sharpening system significantly from the company itself.
Smart contracts are real judges when an accident occurs. The system will decide whether the company must pay or not. In other words, it is the blockahi technology that will decide on insurance payments in cases of accidents that meet the policy requirements. The advantage of InsCoin that you will get is increasing transparency between companies and customers.

Here Is The Reason Why You Should Invest In InsCoin

1. Adjusted
Blockchain technology is perfect if applied in the world of insurance.In public implementation, blockchain can solve fundamental problems regarding customer trust and the presence of unauthorized links. By using blockchain, the authenticity of the participants conducting the transaction can be considered valid, as well as the related certificate. With the permission mechanisms derived from the blockchain system then negative things can be avoided by the parties involved. In addition, non-certified document certificates are also one of the important applications in blockchain technology because the documents certified in the blockchain are never falsified.

2. Smart Ways to Change Insurance
In the era of all-round fintech as there are currently many crypto-projects that try to disrupt the insurance industry. Such as a decentralized perspective that will never be operated in the real world without having to rely on real companies and so on. inInsCoin for KNOX, we want to do something different even though we are big fans of decentralized platforms but in reality we will rely on ethereum network in smart contract deployment. However, in both symbolic insocsa we will form 1 to 3 selected companies based on the amount of ETH collected by the system. One thing you must keep in mind that companies in the real world need a security fee of several million dollars to be legally regulated in the presence of offices in Dubai, Protugal and the Bermuda Islands.

3. Roadmap Ambitions and Already Implementing relevant investment systems
We have made a significant investment system and closed important collaborations with market participants in the pre-ICO phase. The knowledge we have is very deep about the world of insurance. This will certainly allow us to compile a road map as accurately as possible.

4. Team
We have a team of ambitious young people who have expertise and professionalism in their fields.So we can be sure that the InsCoin Team is currently very young, ambitious and has properties that are open to investors and users. In addition to having 10 to 30 developers, the InsCoin team also consists of experienced insurance experts who founded and led an insurance company such as CEO InsCoin named AgostinoLuongo and its partners.

RoadMap


Executive TEAM




TEAM Success






Advisors


So what are you waiting for. Immediately join InsCoin as the first insurance company to use blockchain technology. Some information that we can convey.Hopefully useful, thank you.

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