RISK MANAGEMENT FRAMEWORK FOR THE PHANTOM COMMUNITY

Establishing risk management framework would help lessen:

1) the volatility Phantom token (XPH)’s price, and
2) fraud involving the blockchain.

Through managing these two obstacles that hinders mainstream adoption of blockchain technology, the Phantomchain would be able to create its own sustainable competitive advantage that could help the community in attracting more members and encouraging the use of XPH.

The Phantom Research Group is establishing Risk Management Advisory Council that will guide the Community in developing a sound risk culture and advise on the identification, measurement, monitoring and control of the relevant risks affecting the operations of the Phantomchain.

It is important that these relevant risks have already been considered, properly managed and priced-in so that the volatility of XPH price and the probability of occurance of fraud will be lessen. With less uncertainties and volatility, the Blockchain's practical use as a electronic payment system that facilities commerce on the Internet or peer-to-peer situations would be realized.

It is envisioned that Phantomchain would have the features of risk management system (soft infrastructure) and the cryptographic proof (hard infrastructure) that could allow any two willing community members to transact directly with each other using a platform that they have an effective influence with and have mutual interest in. In addition, said transaction would be completed without the need for intermediary traditional financial institutions and in a more efficient, effective and ethical way.

Help Phantom Research Group continue its advocacy, visit

https://avantgardecollective.org/member-organisations/