BitNautic Partners with InsCoin

The BitNautic platform will be integrated with InsCoin’s insurance blockchain technology.

Today BitNautic takes another step towards its final goal: bringing the whole supply chain on the blockchain. With our new collaboration with InsCoin, a company that will provide, once licensed, insurance services based on the blockchain, another piece of the puzzle is finally in its place.

Just a few hours ago, Bitnautic’s and InsCoin’s respective CEOs, Gianfranco Pierini and Agostino Luongo, have signed an agreement that will bring mutual benefits to both companies. BitNautic is currently running its ICO, which will last until the 30th of July, while InsCoin will soon follow up with its own ICO, and during the next months the two companies will work closely to deliver the most advanced insurance solution available in the shipping industry.

About BitNautic

Based in Lugano, BitNautic is a single platform, capable of holding together all the major players of the shipping market: carriers, shippers, producers, buyers. Based on the blockchain, it is a completely transparent network, where ship owners can list their ships, update their location in real time, and cargo owners can find the best routes for their shipments, and at the best price. At the same time this allows them to forge new business relationships, extending their network and bringing new customers to their business.

About InsCoin for Knox

Based in Estonia, 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 policies.

One ifInsCoin’s strengths will be the automation of the issuance of policies and the payment of compensation when the claim that is the subject of the policy occurs.