The Internet revolution has truly been a blessing, especially looking at what it has done to change the structure of businesses. It has also made possible the innovation of decentralized online platforms for digital currencies. Popularly known as a cryptocurrency, the platforms give power to the people with no third party intervention.
Though digital currencies present great opportunity, they also come with high risk and volatility. To curb that risk, there is a necessity for specialized insurance for blockchain traders. That is where INSCOIN insurance steps in.
INSCOIN is a Knox insurance company project which provides insurance to blockchain traders of digital currencies. The insurance companies will be established in Lisbon, Dubai as well as at Bermuda. This is to ensure that different economic groups get to enjoy the service. This is the first real-world digital insurance company for blockchain trade. Its main goal is to find the perfect solution for the certification of this type of insurance, as well designing a structure to get anti-forgery insurance policies.
Knox insurance company will design its policies in both traditional contracts and in smart tech. This will enable the client to view the policies in real time. Knox has designed the platform for the insurance policies to be fully automated, eliminating possible conflicts for either party to the contract.
Clients will have total control over the policies written, and have access to them at any time they need to. The smartly designed contracts will prevent the diffusion of fraudulent insurance policies. Since the same system that receives payment will be the same system issuing the contracts.
The company has designed great web and mobile platforms, that the customer can use to have access to their services at any time of preference. The insurance company will also greatly benefit from the smart contracts. This is because there will be no delays in the payment of premiums, resulting in the improvement of the company's cash flow. Another advantage is that the fraudulent won't be charged to the company. The insurance company will, therefore, be conducting its businesses with peace of mind.
The brokers will also enjoy the idea of getting paid before their beneficiaries and policyholders, having instant checks of their admin report, as well as the immediate allocation of commission.
Being the first of its kind, INSCOIN for Knox has truly brought about a revolution in the insurance industry. If you are a smart crypto trader you will understand the true power of INSCOIN.
Website: https://inscoin.co/
Whitepaper: https://inscoin.co/#whitepaper
Telegram: https://t.me/inscoinico
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Twitter: https://twitter.com/inscoinforknox
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Reddit: https://www.reddit.com/r/InsCoin/
Bitcointalk Username: sufiasyl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153432
Whitepaper: https://inscoin.co/#whitepaper
Telegram: https://t.me/inscoinico
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Twitter: https://twitter.com/inscoinforknox
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Reddit: https://www.reddit.com/r/InsCoin/
Bitcointalk Username: sufiasyl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153432
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