KnowRisk SC - Fusing data from Industry, Accounting, Insurance and Law to better identify, monitor and manage risk across entire supply chains

挑战大型组织的治理风险和合规性(GRC)指南规定，所有风险都需要得到适当的管理、充分披露和拨备；审计师必须核实未减轻风险的准备金在资产负债表上是否被正确计入。公司内部的风险经理必须确保按照公司的承受能力正确识别和缓解风险。保险公司需要充分了解他们的保单承保的风险。法律人必须知道正在转移的风险，并了解影响索赔的保单。不幸的是，这依赖于数据，在全球化的快速变化的供应链中，会计师、保险公司和律师事务所无法访问必要的数据，以了解客户的风险敞口、负债、焦点我们打算开发一个开源的区块链分布式分类帐技术，其中包括用于风险识别、法律协议、会计、持续保证和风险管理的标准、数据共享和访问控制策略。每个链式区块将包括关键数据，这些数据有助于形成有关来源、安全和智能合同等领域的风险概况，这些领域促进了通过供应链的货物和资金流动(支持支付、货物接收、自动开具发票、安全融资/保理)。这个分布式平台将允许在访问控制策略下访问数据，而不需要集中数据。主要合作伙伴是Sweetbridge，他将提供身份验证、法律协议、会计和风险管理的模型和数据共享以及访问控制政策。雅居乐数据将提供企业责任风险评估和索赔。R3将提供区块链交易层。Digital Catapult将为财团提供治理，并对数据可能产生的所有非技术伦理、偏见和隐私问题进行独立监督。引擎B将定义并提供会计、法律和保险数据的所有数据和数据标准。Cystella将提供对农作物的地理空间跟踪和分析、可持续发展、化学品使用以及物联网设备的供应链验证。影响该项目通过实现对整个价值链中各方的动态风险的实时识别、跟踪和管理，推动制造业和零售业的竞争力。这反过来将有助于降低约20%的保险成本，并可将风险敞口减少50%至80%。随着风险的降低，营运资金成本也随之降低，特别是对价值链中规模较小的企业而言。

ChallengeGovernance Risk and Compliance (GRC) guidelines for large organisations stipulate that all risks need to be properly managed, fully- disclosed and provisioned for;Auditors must verify that reserves for unmitigated risks are properly accounted for on the balance sheet.Risk managers within corporations must ensure that risks are properly identified and mitigated in-line with corporate tolerances.Insurers need to fully understand the risks their policies are underwriting.Lawyers must know the risks being transferred and understand the policies that affect claims.Unfortunately this relies on data and in globalised fast-moving supply chains, accountants, insurers and legal firms can't get access to the data necessary to understand a client's exposure, liabilities, obligations and therefore can't put in place the appropriate mitigations to manage the risks involved.FocusWe intend to develop an open source Blockchain-Distributed Ledger Technology, layered with standards, data sharing and access control policies for risk identification, legal agreements, accounting, continuous assurance and risk management. Each chained block will comprise critical data that helps form a risk profile on areas such as provenance, safety and smart contracts that facilitate the flow of goods and finances (enabling payments, goods receipting, automatic invoicing, secure financing/ factoring) through the supply chain.This distributed platform will allow data to be accessed under access control policies without needing to centralize the data. The lead partner is Sweetbridge who will be providing the models and data sharing and access control policies of identity verification, legal agreements, accounting and risk management. Agile Datum will provide corporate liability risk assessment and claims. R3 will provide the blockchain transaction layer. Digital Catapult which will provide consortium governance and independent oversight on all the non-technical ethics, bias and privacy issues that may arise from the data. Engine B will define and provide the AIL data and data standards for accounting, legal and insurance data. Cystellar will provide geospatial tracking and analysis of crops, sustainability, chemical use, and supply chain verification of IoT devices.ImpactThe project drives both competitiveness in the manufacturing industry and in the AIL industry by enabling the real-time identification, tracking and management of dynamic risks for all parties across the entire value chain. This in turn will help reduce the cost of insurance by an estimated 20% and risk exposure can be reduced by 50% to 80%. With reduced risk comes lower cost of working capital particularly to smaller players in the value chain.