The world's first investment and credit risk research-sharing platform on blockchain.
https://wrisx.comWrisx is a ground-breaking new way of sourcing and supplying business intelligence related to emerging markets risks and assets on a blockchain platform. Our goal is to make emerging as well as developed markets-based businesses and projects more transparent and accessible to traditional and emerging sources of risk appetite, while providing highly-skilled earning opportunities to our analytical experts based throughout the world. Over time, we also aim at lowering the steep barriers to getting their risks shared for businesses based in developing as well as developed markets through rewards-based crypto system.
Since its introduction to the world in 2008 with the launch of bitcoin , blockchain technology has been rapidly expanding amongst both individuals across the globe as well as major institutions, including governments and enterprises. The number of users of various blockchain-based technologies increased manifold over the last few years . The arrival of this technology has coincided with two other powerful trends of our times – the decentralisation of every type of service into peer-to-peer models as well as the accelerating growth of emerging markets’ economies.
Wrisx is positioned right at the sweet spot of these revolutionary growing developments by creating a distributed blockchain-based application for expert analysis of projects and companies located throughout the world and in emerging markets in particular. Doing so via blockchain allows better reach to emerging markets businesses currently shunned by western risk and capital systems, while enabling more local experts to offer their prudent risk analysis and co-funding/sharing projects developed and built in emerging as well as developed markets.
Global trade is estimated at US$100 trillion per year, of which cross-border in excess of US$20 trillion, with a major and growing part done on credit terms whereby one party takes the risk of another party’s non-payment or non-performance. In such cases, an analysis of the counterparty’s ability to perform becomes extremely important for the two sides to come to an agreement on a transaction. Traditional sources of obtaining such information are very limited, expensive, outdated and difficult to access across the whole universe of emerging markets.
We are working on a solution for valuable business intelligence content monetisation while giving clients - entities investing in other markets - a way to gain insights into the local business. We already have clients using our services of sourcing business intelligence and risk solutions for them in various markets that we are planning on scaling through a decentralised solution inspired by the successes of such projects as Steem, Golos and other blockchain-based content platform oriented to the consumer segment.
Led by Dr Vlad Shipov, an experienced fintech entrepreneur and founder of a credit insurance brokerage in London, Wrisx is building the world’s first risk and research platform powered by blockchain. With experience from major global banks such as Deutsche Bank and others as well as insurance companies, he is supported by a team of experienced developers, sales and marketing experts and a panel of distinguished advisers in the field of crypto/blockchain, insurance and technology. A token generation event is being prepared to complete the development and marketing of the platform with the token serving as utility tokens fueling the operations and transactions on the blockchain platform.