Like this video

InsCoin for Knox Project

The First Decentralized Insurance Company

"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.

4.1
2 1 expert rating
Benchy 4.0
Experts
4.0
5.0
4.0
View rating distribution
Ended
2018-06-23 - 2018-07-08
Starts in 4 days 13 hours
2018-07-23 - 2018-08-30
Token
INSC
PreICO Price
1 INSC = 0.0002 ETH
Price
1 INSC = 0.0002 ETH
Bonus
Available
Platform
Accepting
ETH
Minimum investment
0.1 ETH
Soft cap
4,000 ETH
Hard cap
39,444 ETH
Country
Whitelist/KYC
KYC
Restricted areas
USA, China
More on ICO
Report

About InsCoin for Knox Project

"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. 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.

Bookmark
ICO KYC Report
3 members invited
agostino raffaele luongo
Passed
Giuseppe luongo
Passed
Anna Maria Calcagni
Passed
Missing or incorrect data? Let us know.

ICOs that might interest you

AVINOC

The Blockchain Solution disrupting the global Aviation Business.

13 days 13 hours left

Teambrella

Teambrella is a peer-to-peer alternative to insurance. Teambrella platform is already l...

Starts in 4 days 13 hours

Codex

Codex is the leading decentralized asset registry for the $2 trillion arts & collectibl...

6 days 1 hour left

buglab

Buglab offers penetration testing through contests in an incentivized environment for c...

16 days 20 hours left
Please join our Official ICObench group on Telegram Official ICObench Telegram group

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it