InsCoin- First Blockchain Based Insurance Project

in #bitcoin6 years ago (edited)

This time i will to tell you about this project The insurance segment is the most important, fast-growing industry, which is fully open to the introduction of innovative technologies. Any modern business is difficult to imagine without insurance   it is a kind of security guarantee for all. The existing algorithms of action of insurance companies can hardly be called ideal — there are a large number of different problems, as well as shortcomings that can not be ignored. There are many studies that show the flaws of the modern system  insurance fraud is growing rapidly, companies incur huge losses. 

Representatives of the insurance company KNOX decided to take advantage of a revolutionary solution  to combine the capabilities of the digital and real world to solve most of the problems existing in the insurance segment. The use of the blockchain facili