About Knox Project And INSCoin
The KNOX project is expected to become the first insurance firm to use Blockchain technology to connect the real and the digital worlds. This merging will help in creating an efficient and advanced structure in the insurance sector and address certification and anti-forgery challenges common with the traditional insurance policies.
The INSCOIN project will use Ethereum Blockchain that has seen an increased application in many areas in recent times. Ethereum will help in the creation of the tokens that will be used to support this project. The company will mobilize the required capital through the sale of these tokens.
KNOX will make use of the Blockchain technology to decentralize the current insurance system. Consequently, the insurance policies will be from paper into smart contracts and bring various benefits to all players in the sector.
Price: 1 ETH = 5000 INSC
Pre-Sale Third Phase Date: July 8 – July 15
Hard Cap: 5000 ETH
Token Sale Date: July 23 – August 30
Hard Cap: 31,944 ETH
The Benefits Of This Project
- The customers will feel safe, as the use of smart contract will prevent the entrance and use of fraudulent insurance policies, as the same system is responsible for issuing them after payment.
- The project gives the customers full control of the insurance policy, as it is checkable by anyone on the network at any time.
- To the insurance companies, the use of the smart contract will ensure that they collect premiums on time thereby enhancing their cash flow.
- The companies will also see an improvement in the operational processes and enhance security on the system.
- The project will allow the brokers to earn credibility with both the policyholders and beneficiaries.
- The brokers will also get their commissions on time.
INSCOIN On Social Media
INSCOIN has a strong presence on various social media platforms such as Telegram, LinkedIn, Twitter, and Facebook. They will use the platform to communicate important details about the project. Social media also allows them to interact with potential investors and respond to any questions.
INSCOIN is also present on Reddit where you can find any information you need about the project.
Bitcointalk username: Bestgpumining.com
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1478756