Inflation is one of the major problems in the development of the modern world economy. In recent years, there have been many economic crises in the world, which were accompanied by a catastrophic depreciation of monetary resources, large losses in production force potential sponsors and investors to resort to non-traditional earnings, and basically it is a very risky investment. And most countries have shown that there are legitimate and effective investment mechanisms. So there were futures contracts, which in a period of high inflation and economic instability, to provide super profits, increasing the stability of enterprises and organizations, increasing the capital of private investors. Futures are a huge success in the world market, and made more than one company rich. But this platform is centralized, and as experience shows us that its hacking is only a matter of time. And the company Global Risk Exchange wants to bring this system to mind, as required by the world community today!
The Global Risk Exchange is a decentralized global market for risk contracts to help individuals, companies and organizations freely hedge, transfer and trade their risks, abbreviated as GRE. GRE has completely redesigned the traditional risk management industry (insurance and derivative markets) in a decentralized manner and will become the basic operating system to support insurance and derivative transactions in the blockchain era.
Let me give you an example: you are a farmer from Africa, and you insure your crop against drought, if your crop is not affected and you have grown it with a good profit, then you will pay the company so to speak for the insurance, and if your crop dies, the company will pay you the cost for which you agreed. And in this case, you will not need to think that there may be scammers in the system who will deceive you. All processes will be carried out through smart contracts, and processed by the blockchain system that will reduce the level of fraud to zero!
The company already has a ready-made application on your mobile device, you can download it from their official website. MVP is pretty very convenient, and it can be downloaded to the Android platform or to the IOS platform. Also on the site you can see a lot of news background, which proves that the team is constantly working in a professional mode.
At the moment, the company has already collected Hard Cap, which is a great achievement, and the team did it in a short time. One of the main factors of successful implementation of the platform is the project team and its advisors. The team is made up of real professionals who have not just launched the platform, but have given the business a chance to develop, and are not afraid for the safety of information.
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.
The company has very well-known investors who know a lot about their business, such as:
Shen Bo Founder of Fenbushi Capital Co-founder of BitShares
James Gong Founder of ICOAGE(Used to be the largest ICO platform in China) and Blockchain Pencil and published several books on crypto currency.
LD Capital is a leading investment institution focusing on the field of blockchain. Founder: Lihua Yi.
- From the studied I have revealed a number of advantages of the GRE company:
- -The system is fully Decentralized, your funds and your data will be protected.
- -All actions will occur via smart contracts that will eradicate fraud which today so often found in businesses.
- -Blockchain technology that allows the system to be transparent and no one can cheat you out of insurers a great price, as all of this will be seen immediately.
- -Quickness and ease in installing the contract without leaving home.
Conclusion:
Futures have done a lot of useful for the economy of many countries, but the level of hackers and scammers, at the moment is very high, and hackers attack on futures is only a matter of time. And many people have known about this for a long time, and since the collection of funds for the ICO of the GRE company took very little time, investors understand the whole essence of the problem, and raise the system to a higher level as it is required by this time.
- Official site https://www.gref.io/
- White paper https://www.gref.io/gre.whitepaper.en.pdf
- Telegram: https://t.me/GREF_EN
- Twitter: https://twitter.com/GRE_RISK
- Facebook: https://www.facebook.com/GRE-Foundation-2080066572230352
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This publication is for informational purposes only. The article should not be considered as an investment recommendation or advice. Readers of this review article should make decisions based on their own judgments, taking into account the financial circumstances, the purpose of investment and the risk limit before investing.