Hello,
Introduction : -
GRE will be the world’s first ever decentralized, blockchain based ecosystem that is to set to help the people globally irrespective of their designations and roles and they may be persons, organizations, industries, companies etc by accessing and trading their risks.
GRE team introduced this innovative concept for helping the people by trading their risks. In the regular Insurance industry, other than the insurant and the insurer there will be a lot of people who will be playing their roles like agents etc. GRE is the world’s first ever blockchain based risk exchange market where the insurant (risk shifter) and the insurer (risk taker) can negotiate directly by using the GRE platform’s unique blockchain technology.
GRE ecosystem is designed in such way that it enables each and every individual and organizations to meet on one platform and can apt their suitable risk management contracts. Here in GRE platform common users and professional users of the platform can design their own risk management contract basing on the existing models and secure them by using a private key and the risk management contracts are parallel and they are not controlled by anyone including the platform, the beauty is always the best wins the race accordingly the better-rated contract will have more transaction size so obviously the contract designer will receive higher transaction fee rewards.
The smart contracts, eradicate the counterparty risks by assuring the payments because the smart contract will lock the tokens of all the participants and distributes them accordingly to the contract.
GRE Platform Features : -
GRE designed this technical brilliance on Graphene toolkit, which enables the platform to perform 10000 transactions per second and it takes just a 1.5 second time to confirm the block. GRE risk exchange ecosystem supports all type of platforms like desktop, laptop, mobile, API, and SDK. The extreme efficiency of GRE not only increasing the traditional insurance value but also decreases the mediator costs to zero.
GRE Token Specifications : -
GRE platform’s cryptocurrency is called RISK token, which is Ethereum ERC20 standard token. RISK token enables the users of the GRE platform for payments, to participate in the risk management smart contracts provided by the platform. RISK can be obtained through token sale, air drops etc. Initially, 10,000,000,000 billion RISK tokens will be generated.
RISK Token Sale : -
->Out of 10 Billion RISK Tokens, 4 Billion RISK Tokens will be distributed through the token sale.
->Out of 10 Billion RISK Tokens, 1 Billion RISK tokens will be reserved as foundation management fund.
->Out of 10 Billion RISK Tokens, 3 Billion RISK tokens will be utilized for community dev fund.
->Out of 10 Billion RISK Tokens, 2 Billion RISK tokens will be for the team members.
Allocation of Funds collected form Token Sale : -
->Out of 40% RISK tokens, 10% RISK tokens will be utilized for the security of the user’s assets.
->Out of 40% RISK Tokens, 15% RISK tokens will be used for the operations of the platform.
->Out of 40% RISK Tokens, 10% RISK tokens will be used for promoting the project, like bounty programs, airdrops etc.
->Out of 40% RISK Tokens, 5% RISK Tokens will be utilized for legal issues of the project.
GRE Platform Roadmap : -
2018 : -
First Quarter of the year 2018 : -
->Core development of the GRE platform.
->Development of the centralized oracle.
->GRE APP development (demo version).
->GRE App server development (demo version).
Second Quarter of the year 2018 : -
->Development of the platform’s mobile wallet.
->Development of HI editor.
->GRE official APP development (demo version).
->Core and Oracle development continues.
Third Quarter of the year 2018 : -
->Development of GRE Alpha version.
->API & SDK will be provided.
->GRE platform’s security audit.
->GRE Platform’s test running.
Fourth Quarter of the year 2018 : -
->Production of RDHI library content.
->Development of the KYC related software.
->GRE platform’s security audit.
->Shifting the GRE Platform to the public chain.
->Formal operations.
2019 : -
First Quarter of the year 2019 : -
->Secondary market editor development.
->Secondary market-based content production.
->GRE platform’s security audit on the secondary market.
->Development of the alpha version of the secondary market.
For More Information : -
Website
WhitePaper
Telegram
Facebook
Twitter
Medium
Proof Of Ownership : -
Bitcoin Talk Profile : - https://bitcointalk.org/index.php?action=profile;u=1172066
Ethereum Address : - 0xdbe3c3b75036d7443824e875a09fc8359a6132b1
Great Technology ... This will help a LOT Of People and Businesses :)
Yeah technology is good and innovative for more information please read the Whitepaper - https://shimo.im/docs/z3hxFLzpYVgxj1SB or visit the Website - http://www.gref.io/
good one, I think this is going to be the new revolution in the insurance industry.
Thank you @msrinivas yes Global Risk Exchange will be a new revolution in the insurance industry as the token sale is also successfully completed, that means the project is already a success.
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