Yani Fitriyah: INSCOIN

Introduction

Insurance is widely used in various fields of life. If you want to know more about insurance, then you need to read the following article that will explore thoroughly about insurance. As we know insurance is a very familiar thing in everyday life because of its important role. In general, insurance acts as a guarantee of something when something happens to him. In everyday life, the duty of insurance has an important role that is to guarantee the soul, property which includes houses, shops, vehicles and so on

In some of the explanations above, insurance clearly has great benefits for the owner. One of the benefits of insurance is a sense of security. With insurance, we will feel more secure in our activities because the risks that can occur can be accounted for through insurance. In addition, insurance is an investment advice or saving right to ensure your financial stability in the future. but if insurance is linked to Blockchain technology, have you found out? Using Blockchain technology can change the insurance industry for the better as follows;

#. Benefits for customers. Smart contracts prevent the spread of fake insurance policies, because that is the same system that will be issued after payment is received.

#. By using Blockchain technology, customers can have complete control over insurance policies. and customers can access all WEB services and mobile platforms and check their policies.

#. The advantage of using Blockchain technology for insurance companies is with smart contracts, there will be no delay in collecting premiums, which is achieved by increasing the company's cash flow.

#. With Blockchain technology, fraudulent policies will never be passed on to companies, improving business processes and ensuring a truly immovable security system.

#. And profits for brokers, get credibility for policyholders and beneficiaries. Direct control over administrative reports.

Like InsCoin with its KNOX project, it has become the first insurance company to unite the real world with digital technology using blocking technology, and to create the most effective structure in the industry to solve the problems of certification and anti-counterfeiting insurance policies. Insurance policies will be issued both in paper form and in the form of smart contracts. Customers will be able to maintain full control in real time, in full transparency and security. The "KNOX" project uses blocking technology, which benefits customers, insurance companies and brokers. The customer has complete control over the insurance policy. Through the web and mobile platforms can access all company services and check all policies.

The smart contract guarantees acceptance of the original MTPL policy, because the system will issue it after payment is received. For insurance companies, block improving work processes, protecting against fraud. Thanks to a smart contract, there will be no delay in collecting premiums, which will significantly increase the company's cash flow. For brokers, blocking is convenient because there will be an instant check of your administrator reports and instant commission distribution.

With the help of a platform developed by KNOX, the insurance policy will develop to be fully automated and prevent possible conflicts between the parties involved. Insurance companies will be established in Lisbon, Bermuda and Dubai and will work on a world scale. An appropriate license will be obtained from the authority of the three states, allowing for insurance. In the early winter of 2018, an internal platform will be introduced, allowing clients to access their policies through smart contracts. The project team has done a remarkable job in 2017. Namely: in May, a business plan for legal consultations was made, in which 150,000 euros were invested, and a partnership was formed with more than 300 insurance brokers who were ready to work with the company.

TOKEN

INSCOIN is a crypto currency that will be used for every activity or transaction at https://www.inscoin.co/ Insurance Company.

Token - Platform

INSC - Ethereum Type -

the price of ERC20 PRICO - 1 INSC = 0.0002

The ETH price is at ICO - 1 INSC = 0.0002 ETH

Pre-ICO starts - 23 June 2018

Pre-ICO ends - 7 July 2018

Bonus - Available

Investment info

Min. investment0.1 Acceptance of ETH - ETH

Distributed in ICO - 54%