Inscoin is a Future Insurance Without Forgery

InsCoin for Knox Project aims to announce insurance companies that will receive Crypto (INSC) for insurance premium payments, and the first, with the help of blockchain, will solve the problem of insurance policy forgery. The KNOX project will be the first and most innovative company in the world. This will be the first insurance policy both in the form of smart and traditional paper contracts. With a smart contract, sending a fake insurance code. With a smart contract, the company will not collect credit, because it only applies after receiving payment.

Smart Contract.

Avoid spreading fake insurance policies because it is the same system that removes them after receiving payment. With smart contracts, the company is not delayed in collecting credits because the policy is only issued after payment is received. This factor is intended to significantly improve the management of the company itself.

The smart contract in the case of an accident is a real judge who decides to pay or no more company, which can have opportunistic behavior, but the chain block system, completely uninterested in the human mind, will decide whether the accident meets the terms of the policy. This benefit will be the most important because it increases the company's transparency to customers.

Insurance policy.

Thanks to the platform developed by Knox's 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.

Company Plan

Obtain a legitimate license with the help of raising funds and creating an internal exchange platform. This platform will have a fundamental role, in which the client can access purchases of insurance products made by the company structure.

The main functions of this platform are:

* Create individual profiles for brokers with their personal wallets.

* Possibility for brokers to create for all their clients their primary profile, in combination with identification code and corresponding wallet.

* Ability for each personal customer to create their own profile, with relative Inscoin wallet.

Download all policy functions for evaluation and quotes.

* Buy a policy, the Intelligent Contract address, where you can verify the authenticity.

The internal platform is very important for this project, because this we can effectively manage all the project innovations.

What are the advantages of using Blockchain and Smart Contract

For customers

* Smart Contract prevents fraudulent insurance policies, since the same system will grant them after payment.

* Clients have full control over insurance policies written in Blockchain, which can be checked by anyone at any time.

* Client, via WEB and mobile platform, can access all company services and check their policies.

For insurance companies

* Thanks to Smart Contracts, there will be no delay in collecting premiums, this will significantly increase the company’s cash flow.

* Thanks to Blockchain, the company can not be accused of fraud.

* Blockchain improves operational processes and provides a truly impenetrable security system.

For brokers

* Gain trust before holders and beneficiaries.

* Instant inspection report by administrator.

* Immediate commission distribution.

The point of purpose

InsCoin is an ambitious project that wants to revolutionize the insurance sector! Indeed, from the proven knowledge of the company and in relation to the implementation of the Chain Block