GRE is a worldwide market of risk agreement, established on block chain industry. It is also a public block chain aimed to support different persons and businesses to hedge the risks, move and sell them. GRE fully rebuilt the traditional industry of risks managing by decentralized means and it has all of chances to become the first operating system for supporting the insurance operations by the derivative financial tools in block chain era.
GRE democratizes the risks control tools development, using smart- agreements and oracles, established on block chain and allows persons and businesses who need in risk control to generate, sell or pass them in block chain by the users who is ready to get such risks. The policy and transactions in the risks managing sphere on the system established by the real needs. It becomes possible the individualization and segmented risks coverage, and insurance protection become flexible.
GRE uses the decentralized market established on block chain for helping the members of the community to interact with risks management agreements. It means that insured person who pay the insurance premiums and sell he risks, the insurer who gets the insurance premiums and earn the agreement and the agreements developer who measures the personal risks and make the contracts make the deals between each other and benefit from their awareness and comprehension of the risks. The market value of the risk agreements is a result of market approval and personal knowledge which can measure the market of the risks better than anything in present time.
GRE makes the wide storage of insurance possibilities providers, which differ from classic insurance firms which make the re-insurance and for which is necessary the centralization, strict control and capital intensity. The providers of new possibilities can ensure to the GRE system the high level of liquidity and large volume of data. It is also possible to benefit when getting the risks to yourself and at the same moment making the risks exchange market more effective and liquidity by the decreasing of entering barrier as well for insures persons as insurers.
GRE is aimed to develop the block chain industry and commercial platform for managing risks industry based on the block chain system. It presents the public chain, basic protocol for the risk occasions development, the data collecting and reaching the logic final. It will allow to different persons and businesses all over the piece to reach the balance between risks and results of operations.
Each person is able publish in block chain the private demands in insurance and uses the smart agreements to select the insurance possibilities with the result in customize insurance of everybody.
The private ID and the property data is in the reliable storage on block chain, and the property rights for the confidence data is fully belongs to user. The only mean to look the ID is to users a smart identification agreement. And those who collect the personal keys can let the encoded ID viewing for others.
All persons and firms which making something for the communities a rewarded by tokens according to the association rules. As for them turn, the developers stimulate the users for participating in the association life for a long time.
All the demands of insurance contract are automatically performed by the smart contracts according to the oracle, that excludes the human factor in the process. Al of the insurance premiums and other possibilities are blocked in a tokens on the smart contract. All of the tokens are distributed by smart contracts automatically the helps to the risks elimination.
Originally it will be generated 10 000 million of tokens named RISK, based on Etherium platform, and the founder of tokens will be the GRE. The users will able to buy RISK by airdrop firms during the selling tokens in cryptocurrency markets after RISK production
More information & recommendations:
GRE Website https://www.gref.io/
GRE Twitter https://twitter.com/GRE_RISK
GRE Telegram https://t.me/GREF_EN
GRE Bitcointalk https://bitcointalk.org/index.php?topic=3178591.0
GRE Github https://github.com/grefoundation
GRE WhitePaper https://shimo.im/docs/z3hxFLzpYVgxj1SB
My Telegram contact: t.me/AbyZaki
My Account BTT https://bitcointalk.org/profile;u=1096335
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