The level of risk varies in different situations. Traditional insurance products are centralized and create a common solution for everyone. This causes problems for people with a diverse risk profile. The absence of personalized insurance products is a serious problem for the insurance sector. In the traditional insurance sector, there are a lot of financial resources.There are many other problems in the industry, such as the high cost of sales channels and low efficiency of cash, low operating efficiency, misuse of personal information by users, and misleading political sales and insurance fraud. Similarly, there are many problems in the derivatives market, such as unregistered trades without elimination and opaque risk, counterparty risk, and credit risk. It is necessary to apply the blockade technology to solve the above-mentioned tasks.The Global Risk Exchange (or "GRE") is a block-centered, decentralized worldwide advertising dealing with risk marketing, with motivation that helps people, organizations and associations to fence, exchange their dangers. GRE completely transforms conventional risk management tools (insurance and subcontracting) into decentralized and transforms into a hidden work structure that will help protect and support the industry in a blockade. GRE wants to move its way to market management.
High performance
By building the graphene toolkit, GRE can achieve an average of 1.5 seconds of block confirmation and 100,000 transactions per second (TPS). This is similar to the speed of transaction processing for a traditional centralized network.
Each platform
Support not only personal computers and mobile devices, but also API and SDK to meet the needs of different types of users.
High efficiency
GRE has increased the efficiency of all components in the traditional value chain through Oracle and API and at the same time reduced the cost of intermediaries.
An individual
Based on the ever expanding RDHI database, users can customize risk contracts according to their individual needs, as well as commercial risks in the derivatives market, which will further enhance their risk management capabilities.
Long-term development plan
After completing the development of risk management trading functions, GRE will focus on developing the derivatives market, providing users with functions such as real-world policy promise, secondary trade contracts, etc.
For the project, 10 billion risk symbols are created, 40% of which are reserved for sale. Currently, the token sale is on the platform. Funds will be used to develop and market the platform. The project's working team has many years of experience in blockchain technology and web development.
Global Risk Exchange RISK Token ICO Details
Token Symbol: RISK
Token Price: 1 ETH = 100,000 RISK
Total Token Supply: 10,000,000,000 RISK
Lock up time: Nil
Soft Cap: 2,000 ETH
Hard Cap: 20,000 ETH
Start: May 20, 2018
End: June 20, 2018
GRE aims to construct the blockchain infrastructure and trading platform for risk management industry in the blockchain driven world, by giving an open chain, a fundamental convention for the creation of risk occasions, estimating, trading, information gathering and decision. It will enable individuals and organizations around the globe to achieve risk and return balance.
All the important information can be found here:
Official website:https://www.gref.io
Twitter: https://twitter.com/GRE_RISK
Facebook: https://www.facebook.com/GRE-Foundation-2080066572230352/
Telegram: https://t.me/GREF_EN
Whitepaper: https://www.gref.io/gre.whitepaper.en.pdf
Prepared by : pathi87
https://bitcointalk.org/index.php?action=profile;u=1168550
