“InsCoin for Knox Project” aims to establish the first insurance company that will accept a Crypto (INSC) for the payment of insurance premiums, and the first that, with the help of the blockchain, will solve the problem of falsification of insurance policiesWith the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment.
The KNOX project provides for the establishment of the first insurance company that will merge the real world with the digital one using Blockchain technology, creating the most ecient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies. The Blockchain technology, born starting from the Bitcoin in 2008, is now used more and more widely in an increasing number of cryptocurrencies, to allow the creation of decentralized and disintermediate new generation services.
Blockchain in its public implementations solves the fundamental problem of creating a trustless and permissionless network, where the participants can consider valid a transaction, and therefore also a possible related certification, thanks to the consent mechanism generated by the system of incentives and disincentives among the parties involved. The non-falsifiable certification of documents is one of the most important applications of Blockchain technology, as a certified document in the Blockchain can NEVER be falsified.
The INSCOIN project intends to use, among the many available, the Ethereum blockchain, which currently presents the largest number of real used cases and economy of services and transactions currently in operation. Ethereum makes available, using its infrastructure and ERC20 technology, the creation of digital private coins of controlled issuance (token) with which it is possible to support an entrepreneurial project. The sale of tokens allows companies to gather economic resources necessary for the development of a project in which the token itself will play a key role. The token in this sense enables new technological possibilities that oer innovative services.
The goal of KNOX is to reach, by exploiting the blockchain, a decentralization of the whole insurance system. Decentralization means the transformation of traditional insurance policies from paper into smart contracts.
Ended on 2018-09-09
We create Contractium (Contractium.io), a decentralized software that based on Ethereum smart contract.
Ended on 2018-11-30
weiDex is a fully featured decentralized exchange (DEX). It guarantees the highest possible security, full transparency and open source logic.
Ended on 2018-08-30
The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology.
Ended on 2018-08-27
Worldopoly is the world’s first mobile game to combine Augmented Reality, Geopositioning, Blockchain and Artificial intelligence within an engaging economic simulation and strategic multiplayer game.