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Global Risk Exchange (GRE) is a graphene-based, distributed, fully open-source global risk measurement and trading market that helps global institutions and individuals conduct risk management and transactions in a decentralized manner . The token (Token) in the GRE ecosystem is RISK. RISK can be used to manage contract transactions, pay risk contract transaction fees, distribute rewards, and mortgage.
The project aims to build an infrastructure and trading platform for the risk management industry in a blockchain-driven world by providing a basic protocol for creating risk events, pricing, trading, information collection, and risk-specific risks.
Scattered zero threshold.
Smart contracts replace traditional institutions.
Primary and secondary financial markets enable risk pricing.
Distributed databases protect user privacy.
All risk management contract transactions on the GRE platform use the RISK token as a transaction intermediary, and the settlement of the contract will also use RISK.
Users of the GRE platform will use RISK tokens to pay transaction fees.
Any organization or individual can create a risk management contract on the GRE platform after community review and get rewards based on conversion volume.
The community will reward developers with RISK tokens based on code contributions.
All individuals and organizations are able to share contracts and attract new clients to trade risk management contracts on the GRE platform, and they will be rewarded from the transaction fees charged by the new clients they invite.
Exchange dealers on the GRE platform can issue market-linked tokens such as GRE.USD or GRE.CNY as collateral. This mechanism is similar to BTS and BITUSD in Bitshares ecosyetem.
Insured
This group of users is real-world individuals and companies who want to purchase risk management contracts (which provide premiums) to hedge their risks.
Contract Designer
Provide professional risk management expertise to the GRE community, and can publish risk management contracts after community review, and earn fees based on the transaction fees charged in the transaction contracts .
Insurers
This group of users is typically insurance and reinsurance companies and investors in insurance-linked securities. They get a premium from the risk management contract and the risk is transferred to them.
Related links:
https://www.chainwhy.com/coin/risk/
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