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Sunday, June 24, 2018

GLOBAL RISK EXCHANGE - The First Blockchain Based Risk Exchange Marketplace in the World



If friends are interested in joining a GRE project or you are interested in joining a GRE project, it is a good idea to read reviews that can help you get information that might help you in viewing their mission vision during GRE project Here's the review:

WHO ARE WE

The world's first blockchain-based risk exchange market.
The Global Risk Exchange (or "GRE") is a blocked, decentralized and open global risk exchange market with the aim of helping individuals, companies and organizations to access and trade and manage risks.

GRE completely reconstructs traditional risk management tools (insurance and derivative contracts) by decentralization, and will be the underlying operating system to support insurance and derivative transactions in the blockchain era.

The GRE aims to build infrastructure and trading platforms for the blockchain-controlled worldwide risk management industry in the near future, by providing fundamental protocols for risk event creation, price, trade, information collection and oracle for certain risk decisions.

WHO NEEDS US?

Insured
These user groups are individuals and companies in the real world who want to buy risk management contracts (providing premiums) to protect their risks

Contract Designer
Provide professional risk management expertise to the GRE community and be able to publish risk management contracts after community review and earn fees based on transaction costs collected from this contract trade.

Insurers
These user groups are usually insurance and reinsurance companies and insurance-related securities investors. They get premiums from risk management contracts and take the risks that are transferred to them

USE CASE

Custom Product Customization
Steve is a supplier to Hyperloop One. He worries if Hyperloop One will succeed in the first test drive. He tries to insure Hyperloop One but some insurance companies will take his request. Steve learned about the GRE platform. He made a request and soon the product was made possible so he ordered.

Go to Design Insurance Policy
Victor is an actuary. At GRE Community he saw a demand for mechanical failure insurance drive test Hyperloop One and did extensive research and policy making. The GRE Platform offers a Proof of Work mechanism to reward the percentage of premiums to underwriters.

Buy Capacity
Monica is a supporter of Elon Musk. He strongly believes the future of Hyperloop One. In fact, all he can do is advocate the company, but with the GRE platform, he can get a lot of rewards by purchasing capacity for mechanical failure insurance. Once Hyperloop One test drive succeeds, he will get a premium fee as a profit.

Hedges of Risk in Reality
John is investing heavily in Tesla shares. He believes that the success of the Hyperloop One drive test will increase Tesla's stake, but he's also looking for insurance policies to hedge. He sees mechanical failure insurance on the GRE platform, so he also buys coverage.

Secondary Market
After a month, Hyperloop One announced to delay the test drive indefinitely. This news affects everyone's risk estimates. John decided to pursue other investment opportunities and dilute all Tesla shares, and in the meantime sold his insurance policy at a discount on the GRE. Steve on the other hand hopes to increase coverage so he takes over John's policies.

MAIN BENEFITS

  • Zero Limit is decentralized
  • Smart Contracts Replacing Traditional Institutions
  • Primary and Secondary Finance Market Allows Risk Price
  • Distributed Database Protects User Privacy
CONCEPT OF TOKEN

All risk management contract transactions on the GRE platform use the RISK token as an intermediary transaction, and the completion of the contract will use RISK as well.

Users in the GRE platform will pay a transaction fee using a RISK token.

Any organization or individual may establish a risk management contract on the GRE platform after a community review and earn rewards based on the volume of transactions.

Communities will reward developers with RISK tokens based on their code contributions.

All individuals and organizations can share contracts on the GRE platform and attract new customers to trade risk management contracts and they will receive prizes from transaction fees collected from new customers they invite.

Currency exchange on the GRE platform can be RISK as a guarantee to issue market-pegged tokens, such as GRE.USD or GRE.CNY. This mechanism is similar to BTS and BITUSD in Bitshares ecosyetem.

ROAD MAP

2018 Q1
GRE Core Development
iOS & Android Apps

2018 Q2
HI Editor
Mobile Wallet
Public Chain
Oracle, the Key of Reality

2018 Q3
Migration
Alpha Version
to Chain
Public Finish Chain General
API &
Security Audit
SDK

2018 Q4
RDHI
KYC Development
GRE Go Online

2019 Q1
Editor
Market
Secondary
Content
Secondary Market Secondary Market Audit

OUR DEVELOPMENT TEAM

Paul Qi

Charles Huang

William Jin

Angela Li

Mara Wang

Here are the reviews I present to you all in finding information and knowing the GRE project currently being run by their team, if there is any lack of explaining this article, do not worry, I have set up a link for you to get accurate information and of course you will be able to speak directly with their founder or team, at the link for the following References:


The bitcointalk name :Icaica22
Profile Link :https: //bitcointalk.org/index.php? Action = profile; u = 1546717
ETH Address :0x8d51bce79f5023617C1B55653d1838a5cf75Bd86

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