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InsCoin for Knox Project

The First Decentralised 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.

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Unknown
Token
INSC
PreICO Price
1 INSC = 0,00001428 ETH
Price
1 INSC = 0.00001666 ETH
Bonus
Available
Platform
Accepting
ETH
Hard cap
40,000 ETH
Country
Whitelist/KYC
KYC
Restricted areas
USA, China
More on ICO
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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.

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3 members invited
agostino raffaele luongo
Passed
Giuseppe luongo
Passed
Anna Maria Calcagni
Passed
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