INSCOIN - THE FIRST BLOCKCHAIN BASED INSURANCE COMPANY

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.

So did I and during my research I found the project in which I really put my faith: INSCOIN. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot. So, let’s go!

The InsCoin project creates its own insurance platform based on blockchain, which will cope with current problems. The main task is to ensure decentralization and replace the usual policies with smart contracts. In turn, this will reduce the risks of fraud with policies to zero, reduce the Commission for the service of contracts and ensure full transparency.

INSCOIN AND BLOCKCHAIN TECHNOLOGY

Insurance companies usually issue a policy to the client, which has its own unique digital code or, in other words, an identifier. But due to large databases and wagons documentation, scammers no problem fake insurance policies and clients ' personal information. Thus misleading insurance agents.
With the help of blockchain technology, all the problems associated with the authentication of the insurance contract are solved. At the conclusion of the contract between the insurance company and the client, it is numbered with a special code that displays the address of the smart contract. At any time, if you have an address, you can check the history of payments, payments and the status of the policy.
It is particularly important to note that the client easily tracks all payments and transactions, and the company reduces the cost of identification of the contract.

Blockchain technology may help the large insurance sector fulfill its part found in underpinning the global current economic climate extra effectively. Only merely because blockchain is becoming went after just as a pressure for positive transformation in other areas of population - from detection for refugees to better general public services delivery - it can likewise support inexpensive insurance to launch its responsibilities for the prevalent great.

The INSCOIN project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the efficient and advanced structure in the platform, to find a alternative solution to the challenge of recognition and anti-forgery of policies. the original contract, the disperse of incorrect insurance policies can be averted because it is the same program that concerns them after acquiring the payment. With the original deal, the enterprise will not have a delay in collecting credit, as the coverage is distributed only after obtaining the repayment. This issue aspires to enhance the operations of the provider itself considerably. With the wise deal in the function of damages the true assess who will make a decision whether or certainly not to spend them is definitely no longer the firm, which could possess an opportunistic action, but the blockchain system that, in an entirely disinterested by the individuals point of view, will make a decision if this car accident is undoubtedly compliant with the conditions in the plan. This benefit will come to be the main as it will increase the transparency of the enterprise towards buyers.

TOKEN AND ICO DETAILS

Name: INSC
Token: ERC20.
Price: 1 INSC = 0,0002 ETH.
ICO dates: July 23-August 30, 2018.
Hard cap: 39,444 ETH.
InsCoin ICO sales

ROADMAP

INSCOIN PARTNERS

Be a part of this tremendous project and follow these links for more information;

WEBSITE: https://inscoin.co/
WHITE PAPER: https://inscoin.co/documents/Whitepaper-EN.pdf
TELEGRAM: https://t.me/inscoinico
LINKEDIN: https://www.linkedin.com/company/inscoin-holding-ou/
TWITTER: https://twitter.com/inscoinforknox
FACEBOOK: https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
REDDIT: https://www.reddit.com/r/InsCoin/

Author
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