INSCOIN: the first insurance company to combine the real world with the digital world using Blockchain technology

"Welcome to INSCoin review"

The first insurance company that combines the real world with the digital world using Blockchain technology, creates the most efficient and sophisticated structure in the sector, to find solutions to certification and anti-counterfeiting insurance policies. Insurance companies will be established in Lisbon, Dubai and the Bermuda Islands , to enable Knox insurance to operate in various laws and enable token economies on a global scale.

ABOUT INSCoin:

INSCoin is an ambitious project that aims to revolutionize the insurance industry! In fact, from the proven knowledge of the business and combined with the implementation of Blockchain, through Smart Contracts, the InsCoin For Knox Project will succeed in its objectives:

• Maximum trust and transparency in the relationship between the Company and Insurant
• Combating Policy Fraud
• Issue an automatic and decentralized insurance policy

Why can Blockchain change the Insurance Industry?

Blockchain in its public implementation solves a fundamental problem in creating a network without trust and without permission, in which participants can consider valid transactions, and therefore possibly related certification, thanks to the approval mechanisms generated by the incentive system and disincentives among the parties involved. Uncertified document certification is one of the most important applications of Blockchain technology, since documents certified in Blockchain are NEVER falsified.

With smart contracts, the spread of fake insurance policies is avoided because it is the same system that issues them upon receipt of payment. With smart contracts, the company will not have any delay in collecting credits, since the policy is issued only after receiving payment. This factor aims to improve the company's management significantly.

In inscoin for knox we want to do something different, we are big fans of decentralized platforms, in fact we will depend on the Ethereum network for the deployment of our Smart contract but behind our inscoin tokens will be established from 1 to 3 companies based on the number of ETHs collected, remember that in the real world companies need a security fund of several million dollars to be legally regulated,

Token received from policy payments will be blocked through Smart Contract for the first year after payment and then released at a 25% rate per quarter. This economy, backed by an increasing turnover of insurance companies, will lead to a decline in current supply and strong deflation, increasing the value of tokens in the market.

Presale INSCoin is divided into 3 Phases.

1.Stage One: June 23-June 30 Hard Cap 1000ETH
2.Second Stage July 1 - July 7 Hard Cap1500ETH
3.Third phase July 8 - July 15 Hard Cap 5000ETH

ROADMAP

The INSCoin team is young, ambitious and open to investors and users, in addition to more than 10 developers under 30, there are insurance experts who in the past have established and managed insurance companies such as ceo Agostino Luongo (Hill Ltd) and our partners. Check them out on our site!

For more information about INSCoin:

Website: https://inscoin.co/
Whitepaper: https://inscoin.co/#whitepaper
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/

Author: Bentadem11

My Bitcointalk profile:  https://bitcointalk.org/index.php?action=profile;u=1530135

My Ethereum Wallet Address: 0xC12c4ce6f433C2b39494aE9460055E76D828e34c