Review and analysis of project Global Risk Exchange

There are currently problems in the risk management sector. The main problem is the rather high cost of the entrance. First of all, this is connected with a chain of intermediaries, each of which charges a commission. All these problems make the cost of risk hedging a very costly area. Another problem is the confidentiality of user information. The data of each user is constantly at risk, associated with the possibility of theft. This is caused by the centralized storage of data in the insurance market. All insurance processes are very slow, including money transfers. This all seems a very complicated and tedious procedure. It's time to change something.

The Global Risk Exchange project is a unique marketplace for risk exchange, which uses blockchain technology in its work. In simple terms, this is a global risk exchange. Investments have long become one of the ways to generate additional profit, or even basic earnings for many people, while the safety of investing money is quite acute. There are many options for investing, but are all of them safe? The market is far from perfect and this leads to significant risks for all its participants who are trying to work honestly.

The Global Risk Exchange is a decentralized type platform, representing a market for risk exchange that encompasses global scales. This project sets clear goals: to make investments safe, to simplify as much as possible access to trade operations, to protect both large companies and ordinary users from acts of swindlers. In fact, this platform took the initiative to hold a revolution in the sphere of risk exchange, without destroying, but improving it. Of course, other projects have risk management tools, but all of them proved their inefficiency and technical imperfection. In this project, these shortcomings will be eliminated.

Project advantages:

• Decentralized input threshold, which is zero.
• The use of smart contracts, which have replaced the more familiar and less reliable tools.
• Primary and secondary market work in a coordinated manner, which means they provide maximum effectiveness in assessing a particular risk.
• A distributed database with the highest level of security guarantees total protection and confidentiality of any user information.

This project will be interesting:

• Insured entities are private individuals or companies that show interest and seek to acquire a contract in order to manage risks and hedge them.
• Contract designers. Here they have the opportunity to create unique "smart" contracts and share their skills and experience, bringing concrete benefits to society. The created contracts will be tested by the community and if they prove their consistency and effectiveness, the contractors will receive part of the commission for the transactions. In simple terms, a qualitative and effective contract created by one's own hands can be monetized and profited.
• Companies and individuals who provide insurance services.

ICO Terms and Conditions:

Name of the token: RISK
Total number of tokens released: 10 000 000 000 RISK
Start ICO: 20.05.2018
The end of ICO: 20.06.2018 (ICO ended earlier, due to high interest in the project from investors)
The price of the token in the ICO round: 1 ETH = 100 000 RISK
Soft Cap: 2 000 ETH
Hard Cap: 20 000 ETH

Road map:

Team:

Conclusion:

The Global Risk Exchange project is not only interesting and useful, but also a unique platform. Offering a number of revolutionary changes in the sphere of risk marketing, the project was able to offer effective, really functional tools for their implementation. The project managed to complete the ICO ahead of schedule, and without much effort. The platform in question is truly popular, it is needed by the market and is in high demand among both large companies and ordinary residents of the existing risk market. I do not doubt the honesty and effectiveness of the project.