GLOBAL RISK EXCHANGE

Hello everyone, in this new post I want to introduce about the GRE project, and for more details let's just go to the following discussion:

Introduction

World’s first blockchain based risk exchange marketplace.
Global Risk Exchange (or "GRE") is a blockchain based, decentralized and open global risk exchange market, with the purpose of helping individuals, companies and organizations to access and trade and manage their risks. GRE completely reconstructed traditional risk management tools(insurance and derivative contracts) in a decentralized way, and will become the underlying operation system to support insurance and derivative transactions in the era of blockchain. GRE aims to build the infrastructure and trading platform for risk management industry in the blockchain driven world in the near future, by providing a fundamental protocol for the creation of risk events, pricing, trading, information collection and oracles to verdict specific risks. It will enable individuals and institutions around the globe to achieve risk and return equilibrium.

WHO NEED US ?

The Insured
This group of users are the individuals and corporations in the real world who want to buy risk management contract(provide premiums) to hedge their risks

Contract Designer
Provide professional risk management expertise for GRE community and can publish risk management contracts after community review and earn fees based on transaction fees collected from trading this contract.

Insurer
This group of users are usually insurance and re-insurance companies and insurance-linked securities investors. They earn premiums from the risk management contract and take the risk transferred to them.

MAIN BENEFITS

Decentralized Zero Threshold
Smart Contract Replace Traditional Institutions
Primary and Secondary Financial Markets Enable Risk Pricing
Distributed Database Protect User Privacy

TOKEN CONCEPT

All risk management contract transactions on the GRE platform use RISK token as transaction intermediary, and the settlement of the contracts will use RISK as well.
Users in GRE platform will pay transaction fees using RISK token.
Any organization or individual can create a risk management contract on GRE platform after comunity review and obtain a transation volume based rewards.
The community will reward developers with RISK token based on their code contribution.
All individuals and organizations are able to share contracts on GRE platform and attract new customers to trade risk mangement contracts and they will receive a reward from transaction fee collected from the new customers they invite.
Exchange dealers on GRE platform can RISK as collateral to issue market pegged tokens, such as GRE.USD or GRE.CNY. This mechanism is similar to the BTS and BITUSD in the Bitshares ecosyetem.

ROAD MAP

2018 Q1
GRE Core Development
iOS & Android App

2018 Q2
HI Editor
Mobile Wallet
Public Chain
Oracle, Reality Keys

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

2018 Q4
RDHI
KYC Development
GRE Go Online

2019 Q1
Secondary Market Editor
Secondary Market Content
Secondary Market Auditing

You can find out more about the platform or participate in their sales crowd through the following links:

WEBSITE: https://www.gref.io/
WHITEPAPER: https://www.gref.io/gre.whitepaper.en.pdf
FACEBOOK : https://www.facebook.com/GRE-Foundation-2080066572230352/
TWITTER: https://twitter.com/GRE_RISK
TELEGRAM: https://t.me/GREF_EN

BitCointalk username: Aray80
Profile link: https://bitcointalk.org/index.php?action=profile;u=1324910
ETH Address: 0x61379f78587FaF5cd5e8006007Dd97AF8b6b966F