About
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.
GRE plans to construct the infrastructure and exchanging platform for risk management industry in the blockchain driven world in the near future, by giving a fundamental convention to the creation of risk events, estimating, exchanging, data collection and oracles to verdict specific risks.
It will enable people and foundations around the world to achieve risk and return equilibrium. It’s a platform where risk management policies and exchanges are driven by real demands, where individualized and fragmented risk coverages are made possible,and insurance protections are made agile.
GRE influences a blockchain based decentralized trade to help individuals in the hazard administration contract, insurant(party who pay for premium and offer his dangers), insurer(party who get premium and go out on a limb) and contract designer(who measures solitary dangers and plan the agreement), execute and benefit from their own specific data and comprehension of dangers.
The market cost of the hazard contract speaks to the market accord and the keenness of the gathering, which is the best estimation of the hazard at the moment. GRE empowers a generously bigger base of protection restrict suppliers other than standard insurance agencies and reinsurance organizations, which are concentrated, immovably directed and capital escalated.
Those new utmost suppliers can pass on greater liquidity and data to GRE stage and can benefit from GRE by putting it all on the line on various sorts of dangers they comprehend, while affecting the entire hazard to trade showcase more productive by chop chopping down passage hindrance for both insurant and back up plan, boosting liquidity and data stream.
GRE intends to manufacture the infrastucture and trading stage for hazard administration industry in the blockchain driven world sooner rather than later, by giving a basic tradition to the production of hazard occasions, evaluating, trading, data gathering and decision. It will empower individuals and foundations around the globe to accomplish hazard and return balance.
Blockchain Technology Redefines Insurance Customized
Everybody in the blockchain can appropriate customized protection needs, and influences thesmart contract to organize comparing protection confine, which prompts a really redid protection insurance for everybody.
Deconstruct Insurance Company, Improving Efficiency
Deconstruct a standard protection association into three areas: deals channel, actuarialability to outline protection contracts, and protection restrict. For deals channels, more deals are started by individuals needing protection as opposed to pitching to a get-together of peoplesame thing.
Acturaries in insurance agencies are allowed to disperse their own specific things on the blockchain and let the market figure out which one offers and benefit from trade expenses incured, along these lines bypassing dreary inward underwriting process.
By empowering any advantages that are fit for giving protection restrict, any individual,company or affiliations can use its hazard esteeming ability to benefit and increasing breaking point regarding particular dangers.
Security and Identity Protection
Individual ID and property data is securely put away on blockchain, and responsibility for data is altogether in the hands of the client. The most ideal approach to see individual data is through a keen contract of distinguishing proof, and only those with private keys can approve others to see their decoded individual data.
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.
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.
#. InsurerThis 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
#. Decentralized Zero Threshold
#. Smart Contract
Replace Traditional Institutions
#. Primary and Secondary Financial Markets Enable Risk Pricing
#. Distributed Database Protect User Privacy
#. 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.
#. 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.
#. 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.
#. 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.
ROADMAP
Github : https://github.com/gre-foundation
Medium : https://medium.com/series/aa50bbc44814
Author by : yanifitri20
My Profile link : https://bitcointalk.org/index.php?action=profile;u=1543053
Medium : https://medium.com/series/aa50bbc44814
Author by : yanifitri20
My Profile link : https://bitcointalk.org/index.php?action=profile;u=1543053
Tidak ada komentar:
Posting Komentar