- Knox is a crypto project which aims to establish the first insurance company that accepts a Crypto coin a form of payment in the insurance industry. Their crypto coin named Inscoin (INSC) INSC coin will be the crypto coin for the payment of insurance premiums on the blockchain platform.
- In fact, The KNOX project will be the first insurance company that is going to merge the real world with the digital world with the help of blockchain technology.
- Knox project expects to solve existing problems in the insurance sector following this method. certification and anti-forgery of insurance policies are can be recognized as major problems in the insurance sector and Knox project plans to eliminate such problems using the advanced features of blockchain technology.
The most important factor of this new system. It cuts opportunistic behavior of humans.
The blockchain system never considers human opinion. Blockchain system will take the decisions according to the policy. nothing else. This method will surely enhance the company's transparency to the clients.
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.
Name InsCoin (INSC)
Total Supply 527.083.333 INSC
Hard Cap40.000 ETH
Token Value 1 INSC = 0.000142 ETH (PRE-ICO)1 INSC = 0.000167 ETH (ICO)
Min 10 ETH: +5% (ICO)Min 30 ETH: +10% (PRE-ICO, ICO)
Min 50 ETH: +15% (PRE-ICO, ICO)
Website : [https://www.inscoin.co]