What if the other party refuses the pay-out provided by the insurance company of Kasko2go?
It very much depends on the specific case, but generally speaking, why should they refuse? We will have a legal agreement with our counterparties. Moreover, our smart contracts and blockchain based technology allows the payment only if the specific conditions occurred which are agreed in the smart contract.
I do agree what you have specified but each country has different rules and regulation than how far you can overcome all those rules and regulation. At the beginning which countries are you going to support?