Who they are?

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 they ?

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

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

1. GRE-Core development
2. Centralized Oracle development
3. Demo of GRE App development
4. Demo version of App-server development
   

   2018 Q2

5. HI editor development
6. Mobile wallet development
7. Official App development
8. Continue GRE-Core and Oracle development
   

   2018 Q3

9. Development of Alpha Edition
10. Provide API & SDK
11. Security audit
12. GRE test running
    

    2018 Q4

13. Basic RDHI library content production
14. KYC related development
15. Security audit
16. Complete migration to public chain
17. Formal operation of the GRE primary market
    

    2019 Q1

18. Development of secondary market editor
19. Content production of secondary market base
20. Secondary market security audit
21. Complete development of the Alpha version of secondary market
    

    Team

    
    
    

    Paul Qi

    
    Actuarial master of Boston University, has worked for many years in the United States as actuary. Founder and CEO of OK auto insurance and has extensive influence in the global insurance technology circle.
    

    Charles Huang

    
    Morgan Stanley Asia Pacific Investment banking sector TMT industry analyst, investment professional at IDG Capital fintech team, fintech and enterprise service entrepreneurs.
    

    William Jin

    
    Senior architecture & technical leader at Shanda and Co-founder and CTO of OK auto insurance.
    

    Angela Li

    
    Master of Finance at Fudan University and has 3 years investment experience in startups focusing on fintech and healthcare
    

    Mara Wang

    
    International MBA at NEOMA Business School. Experienced director of marketing and public relations with a demonstrated history of working in global Fintech industry. Previously worked as director of marketing and PR at InsurBox Tech, a leading insurtech start-up in China, and a leading futures trading broker in China.
    

    Advisors

    
    
    

    Alberto Pedro Gabriel

    
    Chairman of GRE Foundation, chairman of Argentina's leading local life insurance company CRUZ SUIZA COMPA IA DE SEGUROS S.A. and has three insurance broker licenses in Argentina, Brazil and Uruguay.
    

    Frank Desvignes

    
    Founder and CEO of AXA Asia Research Institute.
    

    Lorand Heissmann

    
    Operation director at Allianz Insurance China.
    

    Kazy Hata

    
    CEO of justinCase, a Japanese insurance start-up, used to work at Milliman and Munich Re, Japan as actuary
    

    Li Jun

    
    CEO of Yibite, Principal Investigator of 01caijing, early researcher and investor of Bitcoin, published several books on cryptocurrency
    

    Investors

    
    
    

    Shen Bo

    
    Founder of Fenbushi Capital and co-founder of Bitshares.
    

    James Gong

    
    Founder of ICOAGE (used to be the largest ICO platform in China) and Blockchain Pencil and published several books on crypto currency.
    

    LD Capital

    
    LD Capital was founded by famous blockchain investor Lihua Yi and is a reknowned institutional investor in blockchain industry in China. LD Capital has strong industry insight and resources and research team and has successfully invested: BTC, ETH, Qtum, Vechain, EOS, GXS, Achain, Beechat, ELF, Ulord and other more than 100 blockchain start-ups and earned more 100x in returns.
    

    Crypto Venture

    
    Crypto Venture Capital serves and invests hundreds of block chain-based projects, and have gotten Angel investment from JRR Capital.

Read more info:

Website: https://www.gref.io/
Whitepaper: https://www.gref.io/gre.whitepaper.en.pdf
ANN: https://bitcointalk.org/index.php?topic=3178591.0
Telegram: https://t.me/GREF_EN
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1233872