GRE

Global Risk Exchange (GRE) - World’s first blockchain based risk exchange marketplace.
https://www.gref.io/gre.whitepaper.en.pdf
 what is Global Risk Exchange ?
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

 USE CASE
Product Customization On Demand - Steve is a supplier to Hyperloop One. He is concerned if Hyperloop One would succeed in the first test drive. He tries to insure for Hyperloop One but few insurance companies would take his request. Steve learned about GRE platform. He submitted request and soon the product is made possible so he placed the order.

Open Insurance Policy Design - Victor is an actuary. On GRE Community he saw the request for a mechanical failure insurance of Hyperloop One test drive and did extensive research and made a policy. GRE platform offers a Proof of Work mechanism to reward a percentage of premium to underwriters.

Buy Capacity - Monica is a supporter of Elon Musk. She strongly believe the future of Hyperloop One. In reality, all she can do is to advocate for the company, but with GRE platform, she can be much awarded by buying capacity for mechanical failure insurance. Once Hyperloop One test drive succeeded, she would get paid premium as profits.

Hedge from Risks in Reality - John is heavily invested in Tesla stocks. He believes Hyperloop One test drive’s success would boost Tesla stock but he’s also looking for an insurance policy to hedge. He saw mechanical failure insurance on GRE platform, so he also bought coverage.

Secondary Market - After a month, Hyperloop One announces to put off test drive indefinitely. This news affected everyone’s risk estimates. John decides to pursue another investment opportunity and liquid all his Tesla shares, and meanwhile sell his insurance policy at a discounted rate on GRE. Steve on the other hand hopes to increase coverage so he took over John’s policy.
 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


 OUR DEVELOPMENT 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 manager 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 start-ups focusing on fintech and healthcare.

Mara Wang
International MBA at NEOMA Business School. Experienced in marketing and public relations with a demonstrated history of working in finance and insurtech industry.
 OUR ADVISORS
Alberto Pedro Gabriel
Founder & CEO of Segurarse.com, an Insurtech company in Argentina, Brazil and Uruguay. Chairman of Cruz Suiza, a leading life Insurance Company in Argentina.

Frank Desvignes
Founder & CEO of AXA Asia Innovation Lab.

Kazy Hata
Founder & CEO of justinCase, an insurtech startup in Japan. Actuary in Milliman and Munich Re.

Li Jun
CEO of Yibite, early researcher and investor of Bitcoin

Chia Hock Lai
Chairman of Singapore FinTech Association, Fellow of the Singapore University of Social Science, advisor to Startups and mentor to student FinTech projects.
 For More Information.

• Website ; https://www.gref.io/
• Whitepaper ; https://www.gref.io/gre.whitepaper.en.pdf
• Twitter ; https://twitter.com/GRE_RISK
• Facebook ; https://www.facebook.com/GRE-Foundation-2080066572230352/
• Github ; https://github.com/gre-foundation
• Bitcointalk ; https://bitcointalk.org/index.php?topic=3178591.0
• Medium ; https://medium.com/series/aa50bbc44814
• Telegram ; https://t.me/GREF_EN
• Bounty ; https://bitcointalk.org/index.php?topic=3865805.0

Author ; Melati21
Profile link ; https://bitcointalk.org/index.php?action=profile;u=1357963
Email address ; parasite887@gmail.com
ETH address ; 0x838d9F4750DFC63f9A75bdA335840C0A84aD3afc