INSCOIN - The first Blockchain insurance company

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Insurance is one of the oldest industries, and can be seen as part of the growth of modern business that comes to define people around the world. While the insurance in the form we will recognize today begins with the first insurance contract in 1347, methods for transferring and distributing risks in the monetary economy were observed in China in the third millennium BC.  One thing that has dictated the insurance sector for thousands of years is its ability to adapt its practices to adapt to changing technological landscape.  From contracts written on parchment for websites and large data, the industry is rapidly changing.
The chain is the latest technological game changer that you can get profound consequences on the way that insurance companies can work. One important issue is that the fundamental principles of "utmost conscientiousness" in insurance contracts. This principle states that each party is entitled to a legal obligation to act with a standard of "honesty exceeding what is normally required in most commercial contracts." This means that the insurer must trust that they are telling the truth to the person who wants to take out insurance. This is different from other contracts, "Let the Buyer Beware," or the idea,
Applying a chain of blocks to this question may mean that both the insurance contract and the consumer's personal data can be stored in a distributed book, while the consumer controls access to it. Data is stored on the user's personal device, which can eliminate the need for brokers and other intermediaries who have become intermediaries between insurers and consumers. Not only does the chain offer a promise of reducing costs and efficiency, but it can also help increase revenue, as insurers attract new business through better service. 
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The "chain" technology can help the wholesale insurance sector to more effectively fulfill its role in supporting the global economy. INSCOINJust as chains are pursued as a force for positive change in other areas of society - it can also help wholesale insurance perform its duties for the common good.
The KNOX project will be the first and the most effective and the most effective in the industry. With a smart contract, spreading false insurance policies is avoided, because it is the same system that issues them after receiving payment. With a smart contract, the company will not have a delay in collecting the loan, since the policy is issued only after receiving the payment. This factor is aimed at a significant improvement in the management of the company itself. With a clever contract in the event of an accident, a real judge who will decide whether it is worth paying them is no longer a company that can have opportunistic behavior, but the chain system is that, in a completely disinterested person's opinion,  will decide if this accident is in accordance with the provisions of the policy. This advantage will be the most important, as this will increase the transparency of the company in relation to customers.
With a smart contract, spreading false insurance policies is avoided, because it is the same system that issues them after receiving payment. With a smart contract, the company will not have a delay in collecting the loan, since the policy is issued only after receiving the payment. This factor is aimed at a significant improvement in the management of the company itself.
INSCOIN  With a smart contract in the event of an accident, a real judge who will decide whether it is worth paying them is no longer a company that can have opportunistic behavior, but the chain system that, in a completely disinterested opinion of the individual, will decide if this accident is in line with the policy provisions. This advantage will be the most important, as this will increase the transparency of the company in relation to customers. 
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Information on the token:
Ticker: INSC 
Type: erc20 
General delivery: 500 '000' 000 INSC 
Tokens for sale: 270 '000' 000 ISNK
Exchange rate: 1 high school = 5 '000 INSC  
Soft cap: 4' 000  
Hard cover: 39 '444  
Unallocated banners will be burned after the end of ICO.
Pre-ICO starts: June 23, 2018  
Pre-ICO expires: July 7, 2018  
pre-sale price: 1 INSC = 0,0002
ICO Price: 1 INSC = 0,0002
Admission: high school
Soft cover: 4000
Hard cover: 39444
Bonus: up to 30%  
ICO starts: July 23, 2018  
ICO expires: August 23, 2018
For more information : 

Author Bitcointalk Profile : Tirta1

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