To Create More Efficient Economic Tokens "INSCOIN ~ KNOX"

Hello guys ... there is about the latest and interesting information related to the world of online business. An innovative service and highly recommended for everyone, but all must understand more about this service. If you want to know, then go further in this spectacular service. And don't miss the news.

Let's close and don't forget or hesitate to join. I remind you again that businesses that use Blockchain technology in the industry through a very superior and trusted decentralized platform, one of which is the "INSCOIN ~ KNOX" Service is the first insurance company to combine the real world with the digital world using Blockchain technology.

Insurance is one of the oldest industries, and can be seen as part of the growth of modern businesses that have come to define communities throughout the world. While insurance in the form that we will recognize today begins with the first insurance contract in 1347, methods for transferring and distributing risks in monetary economics have been observed in China in the third millennium BC. One thing that has defined the insurance sector for thousands of years is its ability to adapt its practices to suit the changing technological landscape.From contracts written on parchments to large websites and data, the industry has changed rapidly.

The KNOX service will be the first insurance company to combine the real world with the digital world using Blockchain technology, creating the most efficient and sophisticated structure in the sector, to find solutions to the problem of certification and anti-counterfeiting insurance policies.

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The insurance policies issued by Knox Insurance will be in the form of traditional paper and in the form of smart contracts, allowing customers to monitor their policies in real time, in full transparency and security.Thanks to the platform developed by knox insurance, the policy will develop to become fully automatic and eliminate the possibility of conflicts of interest between the parties involved.

Insurance companies will be established in Lisbon, Dubai and the Bermuda Islands, to enable Knox's insurance to operate in a variety of laws and enable token economies on a global scale.

With a smart contract, the spread of fake insurance policies is avoided because it is the same system that issued them after receiving payment.
With a smart contract, the company will not have a delay in collecting credit, because the policy is issued only after receiving payment. This factor aims to significantly improve company management.
With smart contracts in the event of an accident a real judge who will decide whether or not to pay them is no longer a company, which can have opportunistic behavior, but the blockchain system, in really interested in human opinion, will decide whether this accident complies with the provisions in Policy. This benefit will be the most important because it will increase the company's transparency towards customers.

As you can understand the introduction of smart contracts is an important step towards a fair relationship between the company and the customer. A relationship that supports maximum transparency and which will enable the same company to have a reputation for seriousness of behavior that has never been seen before, which is very important because in the insurance sector, NAME and REPUTATION are the main factors.

What is Inscoin? How does it work?

This new service is under development and is used for Knox ICO. And all services are developed to help improve customer relations with total and full transparency. There are many things that happen with new companies, and there is enough information on the company's website. Not only that, but the information on the website is broken down into different sections, all of which are easy to navigate through and give you everything you need to learn about coins.

This service has several different fields as mentioned earlier. The first is a summary of Inscoin Services. And not only that, but the White Book is also available and full of information needed to teach you about the service and everything that goes on inside it.

And with a road map in hand, you can easily follow the development of study services, realization for companies, such as vision and even predict new business plans. There are many other general documents available too.

The last two areas on the company's website are legal areas that reveal information and conditions for selling tokens, as well as legal provisions. And then the team and advisor section where you can learn about founders, advisers, developers, and company partners and gain new experience and trust with the company. Learn the background and information needed to manage and run the ICO and develop it, so this is a platform worth investing in from outside.

There is also a lot of information and ways to keep up to date with platforms on various social media sites.Facebook, Google Plus, LinkedIn, Twitter, Telegram, WhatsApp, Reddit, VK, and Email are ways that allow you to access the company with questions, comments, or problems. And you can also get coins quickly.

PLATFORM INSCOIN

At the same time as the three insurance companies start, after a legal license is obtained, with the help of the funds collected, an internal exchange platform will be created. This platform will have a fundamental role, through which customers can access the purchase of insurance products offered by our structure.

The main functions of this platform are: Creating profiles that are tailored for Brokers, with their personal inscoin wallets.

Possible for Brokers to create for all their clients the underlying profile, combined with the associated inscoin identification code and wallet.
Possible for each personal customer to create their own profile, with a relative inscoin wallet. Direct loading of all policy features for evaluation and bidding.
Possibility of paying policies as described in the previous paragraph. Acceptance, in the case of purchasing a policy, from a smart contract address that you can verify its authenticity.

The internal platform is very important for the project because through it we can efficiently manage all of our project innovations.

Deflation and Economic Token Plan

15% of the supply (the WhoSaler backup broker) will, at the end of the ICO, be temporarily blocked by a smart contract for 1 year. Starting from this basis we have predicted a further reduction of working capital based on the sale of insurance policies. Collecting premiums in inscoin is articulated like this:

For premiums <$ 1'000'000 1% must be paid in INSC.
For premiums <$ 100'000, 3% must be paid at INSC.
For premiums, <$ 50'000 5% is paid at INSC.
For premiums <$ 10'000 10% must be paid at INSC.
For premiums <$ 500 20% must be paid in INSC.

Inscoin collected per single policy, immediately after being received by the company, will be blocked by a smart contract for a period of one year. After this, they will then be released at a quarterly rate of 25% of the total received and used to support increased turnover of the three companies and ensure a healthy token economy.