Global Exchanges new applications on Blockchain technology replace traditional insurance how?
- What is Global Exposure and Its Advantages.
Global Exchanges (GRE) is a global chain of blockchain-based risk exchange agreements, designed to help individuals, companies and organizations to free themselves from misbehavior, transfer and risk exposure. their ro. GRE completely rebuilds traditional risk management (insurance and derivative markets) in a decentralized manner, and will become the base operating system to support insurance and derivative transactions in the raw blockchain
The first thing about GRE is the creation of risk management tools using smart chips based on blockchain technology and orcales, which allow any individual or organization with risk management needs. Out, trading and changing risk for those willing to take risks on the blockchain.
Second, the GRE promotes blockchain-based decentralization to help participants in risk management contracts: insured, insurance companies and contract designers, trades and profits from the information. their own understanding of risk.
Third, GRE allows providers of insurance coverage far greater than traditional insurance companies and reinsurers that are centrally-managed and capital-intensive.
GRE aims to build a blockchain infrastructure and transaction platform for the risk management industry in the blockchain world, by providing a public chian, a basic protocol for generating risk events, valuation, transaction, information collection and judgment.
The advantages of GRE are:
- Complete the democratization of the risk management and insurance contract design
- Rebuild the insurance value chain and eliminate intermediaries
- Market access and pricing
- A smart contract that ensures payment and eliminates counterparty risk
Token in the GRE?
In the GRE platform, the RISK token is used as a transactional medium, a smart contract based on Ethereum. The RISK Token can be purchased using BTC or ETH and other electronic currencies. Users of the GRE platform will pay the transaction fee using a RISK token.
Development path of the project: clear and practical
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)Professional and experienced development team.
With its practical application and technology based on Blockchain technology, Global Exchanges is confident of being the most trusted crypto.