INSCOIN - The first Blockchain insurance company

Foto Inscoin for Knox.
The KNOX Project will be the first insurance company to combine the real world with the digital world using Blockchain technology, creating the most efficient and sophisticated structure in the sector, to find solutions to certification and anti-counterfeit insurance policies. 
Insurance policy 
Thanks to the platform developed by knox insurance, the policy will evolve into a fully automated and eliminate the possibility of conflict of interest between the parties involved.
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.
The INSCOIN project intends to use, among many available, the Ethereum blockchain, which currently presents the largest number of real cases in use and the service economy and transactions currently in operation. Ethereum provides, using ERC20 infrastructure and technology, the creation of digital personalized coins from token publishing that allow to support entrepreneurial projects. Token sales allow the company to gather the necessary economic resources for project development where the token itself will play a key role. Token in this sense allows the possibility of new technologies that offer innovative services
KNOX's goal is to achieve, by utilizing blockchain, the decentralization of the entire insurance system. Decentralization means the transformation of traditional insurance policies from paper into smart contracts.
  • 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
  • With an intelligent contract in the event of an accident, the actual judge who will decide whether to pay is no longer a company, which can have opportunistic behavior, but the chain block system will decide whether the accident is in line with the policy. This benefit will be the most important because it will increase the company's transparency to customers
As you can understand the introduction of smart contracts is an important step towards a fair relationship between the company and the customer. A relationship that supports maximum transparency and which will allow the same company to have a reputation of seriousness of behavior that has never been seen before, which is very important because in the insurance sector, NAME and REPUTATION are the main factors.

INSCOIN PLATFORM

At the same time as the beginning of three insurance companies, once a legal license is obtained, with the help of the funds collected, an internal exchange platform will be created. This platform will have a fundamental role, through which customers can access the purchase of insurance products offered by our structure.
The main functions of this platform are: Customized profile creation for Brokers, with their personal inscoin wallets.
  • It is possible for Brokers to create for all their clients the underlying profile, combined with identification code and associated inscoin wallet.
  • It is possible for each personal customer to create their own profile, with a relative inscoin wallet. Direct loading of all policy features for evaluation and bidding.
  • Possible pay policy as described in the previous paragraph. Acceptance, in the case of a policy purchase, from a smart contract address that you can verify its authenticity.
The internal platform is very important for the project because through it we can efficiently manage all our project innovations.

TOKEN SALES


During the Sale Token (Pre-ICO and ICO) there will be Bonus based on the amount of investment.
  • For 10 - 29 ETH will be + 5% Bonus from INSC In addition to regular bonuses.
  • For 30 - 49 ETH will be + 10% Bonus from INSC In addition to regular bonuses.
  • For> 50 ETH will be + 15% INSC Bonus In addition to regular bonuses.

ROADMAP

  • March 2017
    Study Project realizationTeam building Establishment of first collaboration network 
    - May 2017
    Forecast Business plan 
    Legal consultation 
    Invest € 150'000
  • May 2017
    Forecast Business plan 
    Legal consultation 
    Invest € 150'000
  • October 2017
    Partnership insurance 
    Partnerships with more than 300 insurance brokers ready to work with the company.
  • September 2018
    INSCOIN's trading on Inscoin's main exchanges 
    will be listed on the major exchanges 
    to ensure easy implementation for the company's future customers and the exact volume compared to our income.
  • Q3 2018
    Compliance to obtain an insurance license 
    We will authorize from the authorities of three countries to provide legal insurance services.
  • 2018 Quarter
    Introduction to internal platforms 
    With it customers will be able to access their policies through smart contracts.
  • 2018 Quarter
    Smart contracts in insurance business 
    Smart contracts will increasingly become the protagonist of the insurance industry.

Further information


Author by: thiokoentjoan123

https://bitcointalk.org/index.php?action=profile;u=1091812

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