rajakucing: InsCoin: Insurances on the Blockchain

Today, the insurance industry is an important industry. For example, certain insurance policies are indispensable in our daily lives. According to research, more than forty billion dollars of insurance fraud is committed annually. Yet this is not the biggest loss of companies, because the losses related to IT security can be more. To counter these losses, more and more insurance companies are opting to invest in cyber security. This hopes to counter all problems relating to cyber security. A possible solution that can contribute to the security of the insurance companies can be the InsCoin.

InsCoin in blockchain technologie

The most important characteristic of the KNOX project is that a bond is created between the blockchain technology and the insurance industry. By using the blockchain, InsCoin wants to ensure that everything can be done in a transparent and secure manner. With this network, transactions can be carried out quickly and easily, which will be very useful for companies involved in insurance. Although there are different platforms on the blockchain, InsCoin chooses to base the ecosystem on the Ethereum platform through the safe and transparent possibilities.

InsCoin Token Details

InsCoin is a fairly popular project that has a total amount of more than fifty thousand members in the Telegram group. The total amount of coins that the project will have is 500 million, of which 54 percent will be made available for sale. If coins are not sold during the sale, InsCoin chooses to burn the unsold coins. For more details about the token, more information about the project can be found below. In addition, it is of course also advisable to view the website and read the whitepaper for further information.