Inscoin Project: An Innovative Insurance Platform Based On The Blockchain Technology

in #blockchain6 years ago (edited)

Inscoin, popularly regarded as knox project is designed to provide for the establishment of a viable blockchain financial technology that will bring about an inclusion of the real world with the online financial insurance innovations. This decentrality in the chain of financial command is devoid of infidelity, falsification of documents to mare the terms of agreement already established with an encrypted technology. Inscoin is also designed to operate with the ethereum blockchain suitable for economic or business transaction in other to bring satisfaction to its customers through the transition from the paper documentary into smart contracts.

The token expected to be used is distributed as thus;

Inscoin supply will be 500.000.000 and will b e distributed in the following;

54% token sale

15% blocked reserve (broker saler)

10% Team and advisors.

9% reserves distributed to the 3 insurance companies (blocked for 3 months and 10% monthly release)

10% broker network partnership legal and insurance advisor

2% airdrop and bounty program.

Although the deflation policy is meant by suspending the token for a period of one year after which a percentage will be accrued as monthly incentives. Note, for every premium in the project, it must be paid in INSCOIN. Below is a diagram of the deflation plan.

The salient function of this platform will be creation of customized profiles for brokers with their personal inscoin wallet and also giving them the adequate avenue for a safe and secured transaction with little or zero risk.

ROAD MAP

The calendar of this project is analyzed below;

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The knox project is currently releasing her initial coin offering for brokers to invest and make commensurate profit of 15% of the total of their investment, this is a slim opportunity for every prospective millionaire in the cryptocurrency market.

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CONCLUSION

After much huddles and risk encountered by brokers over the years, thank God for the arrival of the most viable and reliable decentralized insurance institution with the blockchain technology that is committed in resolving the problem of infidelity with an enabling capability to improve the insurance policies.

FOR MORE INFORMATION, VISIT;

Official Website: https://inscoin.co/

Official Whitepaper: https://inscoin.co/documents/Whitepaper-EN.pdf

Ann Thread: https://bitcointalk.org/index.php?topic=4422850

Twitter: https://twitter.com/INSCOINforknox

Facebook: https://web.facebook.com/INSCoinforKnox/

Telegram: https://t.me/inscoinico

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=994327