Global Risk Exchange (or “GRE”) is a blockchain based, decentralized and open global risk exchange market, with the inspiration driving helping people, companies and associations to access and trade and manage their risks. GRE completely recreated customary risk management tools(insurance and derivative contracts) decentralizedly, and will transform into the fundamental operation framework to help insurance and derivative exchanges in the era of blockchain.
GRE intends to manufacture 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, evaluating, exchanging, data gathering and oracles to decision specific risks. It will enable people and establishments around the world to achieve risk and return balance.
Earlier Problems
Before the coming or presentation of Global Risk Exchange, the conventional market management is faced with the going with issues;
Centralized Product Design and Risk Pricing Leading to Product Homogenization
High Sales Channel Cost and Low Cash Efficiency
Low Operating Efficiency
Client Privacy Protection
Misleading Policy Sales and Insurance Fraud
Moral Hazard
Uncounted OTC Trading Volume and Opaque Risk Measurement
Counter-party Risk and Credit Risk
Market Panic Leading to Liquidity Crunch
All people and associations can meet their individualized risk management needs through the GRE platform and find appropriate risk management contracts on our platform. Normal clients can create risk management contracts based on existing templates and embed private key scrambled personal data into that contract; professional clients on the platform (actuaries or actuarial establishments) can outline relatively more perplexing risk management contracts and pick up volume based rewards from exchange charges achieved from that risk contract.
On GRE platform, the outline of risk management contracts was completely democratized and isn’t controlled by any central regulator. The quality of the item setup is absolutely up the active exchanging market to choose. A superior planned contract will pull in biggger exchange measure and the contract fashioner will get higher exchange charge rewards. Misguided contracts will be marginalized for lacking of market profundity and exchange volume
The GRE platform leverages a decentralized order coordinating engine to faclitate risk management contracts. It is the best means of pooling private data of all market members. All people or associations with private data about a specific risk can trade that risk through the GRE platform hoping to benefit its private data. The real-time market cost of specific risk on GRE platform is the best evaluating for that risk without a moment’s pause.

MAIN BENEFITS
Zero Limit is decentralized
Smart Contract
Replacing Traditional Institutions
Primary and Secondary Finance Market Allows Risk Price
Distributed Database Protects User Privacy
ICO INFORMATION AND TEAM
10 billion RISK Tokens are created for the project in which 40% is reserved for the token sale. The Token sale is currently live on the platform. Funds will be utilized for the development and marketing of the platform. The team working on the project has years of experience in the blockchain technology and web development.
Conclusion
The decisions we make financially is also filled with many risks. But, that is the part of the equation. Because there are no rewards without risk. For managing risks in our life, we utilize the insurance products. These acts as a life savior in many difficult situations of our life. The individual investors lean on the insurance products while institutional investors find derivatives market to be suitable to cover their risks.
Trading risks for people will be decentralized and much easier to record with the application of blockchain technology. The application will be beneficial for insurance as well as the derivate market.

The risk is an innate part of the financial life. People who are capable of managing risks with the help of tools present on the platform will be the winner in the future. The future is the blockchain technology and decentralization. What do you think about the services offered by the platform? Are we ready to trade our risks?

TOKEN CONCEPT
All hazard administration contract trades on the GRE stage utilize RISK token as trade mediator, and the settlement of the agreements will utilize RISK as well.
Clients in GRE stage will pay trade expenses using RISK token.
Any affiliation or individual can make a hazard administration contract on GRE stage after comunity survey and secure a transation volume based prizes.
The society will remunerate engineers with RISK token in view of their code responsibility.
All individuals and affiliations can share contracts on GRE stage and draw in new clients to exchange hazard mangement contracts and they will get a reward from trade charge gathered from the new clients they welcome.
Trade merchants on GRE stage can RISK as security to issue advertise pegged tokens, for instance, GRE.USD or GRE.CNY. This component resembles the BTS and BITUSD in the Bitshares ecosyetem.

GRE will create a total of 10 billion(10,000,000,000) RISK tokens in light of Ethereum ERC20 standard. GRE Foundation will be considered as the Initiator of all RISK tokens.Users could secures RISK through airdrop and cryptocurrency trades after RISK is released.RISK is an utility token which may simply be utilized on GRE stage for installment by usersto take an interest in the hazard administration contracts and payout of cases or results as showed by prophets. Distinctive partcipants(insured, guarantor, and contract planner) hold diverse measure of RISK, as showed by their particular necessities.


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/grefoundation

https://bitcointalk.org/index.php?action=profile;u=1344739

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