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INSCOIN - Decentralized insurance company



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About InsCoin for Knox Project
"Inscoin for Knox Project" aims to establish the first insurance company that accepts Crypto will (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 takes 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 insurance policy both in smart-contract and traditional paper forms.
With the smart contract the spread of false insurance policies is avoided.
With the smart contract the company will not have collecting credits, as the policy is issued only after receiving the payment.The management of the company itself.
With the smart contract in the event of accidents the real judge who will decide whether or not they are the longer the company, which could have an opportunistic behavior, but the blockchain system that 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.
The INSCOIN project intends to use, among the many available, the Ethereum blockchain, which currently presents the largest number of real used cases and the economy of services and transactions currently in operation. Ethereum makes available, using its infrastructure and ERC20 technology, the creation of digital private coins of controlled issuance with which it is possible to support an entrepreneurial project. The sale of tokens allows companies to gather economic resources for the development of a project in which the token itself will play a key role. The token in this sense enables new technological possibilities that are innovative services.
The goal of KNOX is to reach, by exploiting the blockchain, a decentralization of the whole insurance system. Decentralization means the transformation of traditional insurance policies from paper into smart contracts.

    • With the smart contract the spread of false insurance policies is avoided.
    • With the smart contract the company will not have collecting credits, as the policy is issued only after receiving the payment. The management of the company itself.
    • With the smart contract in the event of accidents the real judge who will decide whether or not they are the company, which could have an opportunistic behavior, but the block chain system 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.
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    Token info
    Tokens  - INSC 
    Platform  - Ethereum 
    Type  - ERC20 
    PreICO price  - 1 INSC = 0.0002 ETH 
    Price in ICO  - 1 INSC = 0.0002 ETH 
    Pre-ICO starts  - June 23, 2018 
    Pre-ICO ends  - July 7, 2018
    Bonus  - Available
    Investment info
    Min. investment 0.1 ETH 
    Accepting  - ETH 
    Distributed in ICO  - 54% 
    Soft cap  - 4,000 ETH 
    Hard cap  - 39,444 ETH
    Tokens for sale  - 270,000,000 
    Unallocated tokens will be burned after the end of the ICO.
    The INSCOIN token is a fundamental part of our project. Through it the customer can pay insurance premiums and can access the maximum degree of authenticity of the policy, receiving it in the form of smart contract.
    Inscoin's supply will be 500,000,000 and will be distributed like this:
    54%  Token Sale 
    15%  Blocked reserve (Broker WholeSaler)
    10%  Team and Advisors 
    9%  Reserves distributed to the 3 insurance Companies (blocked for 3 months and 10% monthly release) 
    10%  Broker Network partnerships, Legal and Insurance advisor 
    2%  Airdrop and Bounty program
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    Roadmap
    Study project realization (MARCH 2017)
    Team Building 
    Establishment of the first collaborative network
    Forecast Business plan (MAY 2017)
    Legal consulting 
    Invests € 150,000
    IT insurance licensed platform (JULY 2017)
    Invested € 300,000 for certified platform insurance
    Insurance partnerships (OCTOBER 2017)
    Partnership with more than 300 Brokers insurance is ready to work with the companies
    ICO Planning (FEBRUARY 2018)
    ICO planning and development of a marketing plan
    PRE-ICO (JUNE 2018)
    Start of the PRE-ICO
    ICO (JULY 2018)
    Start of the ICO
    Trade inscoin on the main exchanges (SUMMER 2018)
    InsCoin will be listed on main exchanges to guarantee easy implementation to future customers of companies and proper volumes compared to our income.
    Compliance to obtain insurance licenses (AUTUMN 2018)
    We will obtain authorizations from the official authorities to provide legal insurance services.
    Introduction of the internal platform (WINTER 2018)
    With it the customer will be able to access its policy via a smart contract.
    Smart contract in the insurance business (WINTER 2018)
    The smart contract will be more and more the protagonist of the insurance industry
    Team
    IMG_20180620_182626_660.JPG
    2.png

    NAME: phatpharm20 
    PROFILE: https://bitcointalk.org/index.php?action=profile;u=2038562 
    Eth - 0x1cff5da802703815aea69be79491c636369d0d1f

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