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InsCoin for Knox Project The First Decentralized Insurance Company

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"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.


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.

Summary

Short Brief about InsCoin for Knox Project Initial Coin Offering project with a score of 7.8, and this conclusion was written on 23 July, 2018.

Bear in mind that the information you see right now may change.

Initial Coin Offering project is alive and has 38 days and 23 hours left.
Ico Start date was on 23 July, 2018, and the first post on bitcoin forum we see is on 30 April, 2017 with Subject ANNICO INSCOIN FOR KNOX - The 1st Blockchain Based Insurance Company.
Subject started by trifiz who now has 270 and the status Full Member on BT website.

ICO PROJECT END DATE is on 30 August, 2018 so lose no time.

Initial Coin Offering project has chosen Ethereum token staging and is planing to raise hard cup of 39,444 ETH.

TOKEN INFO

  • PRE-ICO START DATE 23 June 2018
  • PRE-ICO END DATE 8 July 2018
  • PRE-ICO TOKEN PRICE 1 INSC = 0.0002 ETH
  • ICO START DATE 23 July 2018
  • ICO END DATE 30 August 2018
  • ICO TOKEN PRICE 1 INSC = 0.0002 ETH
  • TOKEN NAME INSC
  • TOKEN PLATFORM Ethereum
  • SOFT CAP 4,000 ETH
  • HARD CAP 39,444 ETH
  • WHITELIST/KYC KYC
  • RESTRICTED AREAS the USA, China



Roadmap

STUDY PROJECT REALIZATION (MARCH 2017)
Team Building Establishment of the first collaborative network

FORECAST BUSINESS PLAN (MAY 2017)
Legal consulting Invested €150.000

IT INSURANCE LICENSED PLATFORM (JULY 2017)
Invested €300.000 for certified insurance platform

INSURANCE PARTNERSHIPS (OCTOBER 2017)
Partnership with more than 300 insurance brokers ready to work with the companies

ICO PLANNING (FEBRUARY 2018)
ICO planning and development of a marketing plan

PRE-ICO (JUNE 2018)
Start of the PRE-ICO

ICO (JULY 2018)
Start of the ICO

TRADE INSCOIN ON THE MAIN EXCHANGES (SUMMER 2018)
InsCoin will be listed on main exchanges to guarantee easy implementation to future customers of the companies and proper volumes compared to our income.

COMPLIANCE TO OBTAIN INSURANCE LICENSE (AUTUMN 2018)
We will obtain authorizations from official authorities of the three nations to provide legal insurance service.

INTRODUCTION OF INTERNAL PLATFORM (WINTER 2018)
With it the customer will be able to access its policy via smart contract.

SMART CONTRACT IN THE INSURANCE BUSINESS (WINTER 2018)
The smart contract will be more and more protagonist of the insurance industry


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