Global Risk Exchange (GRE) Novelty allows exchanging experience to increase the liquidity of companies and enterprises in the future, minimize losses, increase profits. It is based on a decentralized blockchain that makes all operations transparent and simple. According to the developers, the platform will help companies, enterprises, private investors to understand the risks more easily, as well as to exchange unsuccessful and successful experiences with each other, to trade risks and to manage them more efficiently. Decentralization will not only enhance security and efficiency but will also provide other benefits.
Through the Global risk Exchange platform, sellers and buyers of risk (investors, insurers, campaigns) will be able to communicate quickly and without intermediaries. This will increase security and transaction costs become much cheaper. In addition, Global risk Exchange will be able to audit risk contracts, making it easier for newcomers to use the platform and optimizing the process to provide a wider audience coverage. The question of data loss or transmission to third parties (theft of data by fraudsters) will also disappear. Such a model will be possible due to the use of BLOCKCHAIN technology, which is based on cryptography and has excellent security measures against hacking or spoofing of data.
The risk market is growing every year, but at the same time, there are many problems.
In the traditional insurance market some problems have been known for many years, but unfortunately, there were no solutions. Here are some examples:
• Centralized product design and risk pricing;
• The high cost of the channel of sales with low efficiency of use of money;
• Low efficiency of work;
• Protection of users ‘ privacy;
• Error in sales policy and fraud insurance;
• moral hazard;
• Many other, smaller problems.
GRE is a project to share risk monitoring around the world. This reduces the risk of risk by which the GRE project will include risk management, coordination with risk management, replacement of premiums, renewals, APIs and SDK. It is very easy for a person to cope with this through a wide range of possibilities, keeping things in one place in the works.
In particular, designers have abandoned the traditional example of risk management. They have been completely refurbished, including derivatives and insurance contracts, without any conditional opinion. Therefore, risk management can be easily managed using intelligent contracts in a more efficient and evenly ecological ecosystem. These facts seem to indicate that their project is a very valuable project for the real world.
It will also provide 100% information on risk management and management in the preparation of agreements. This is a very valuable thing. All data is first checked by the system and the community. After that, customers will be able to get a commission on the successful sale of this unique contract.
The GRE ecosystem plans to work in the following way:
The Global Risk Exchange Project has had its ICO since March 20, 2018. Surprisingly, GRE was sold out in just 4 days and therefore reached its hard capa. For ICO GRE sold so-called RISK tokens in exchange for Ethereum. 1 risk token was evaluated in 0.00001 ETH, Total was sold 1 500 000 000 risk, ICO was held on Leekico and was sold in 4 days
Using RISK tokens:
RISK tokens will be used for each transaction on the GRE platform. Risk tokens serve, among others, as transactional fees on the GRE platform. Also, RISK tokens are also rewarded for individuals and organizations when they turn to new customers who will trade on the platform and therefore create transaction fees. Another thing that uses RISK tokens is the reward of developers who contribute to new codes.
DETAIL INFORMATION :
My Ethereum Address: