🔎9. Risk Management

Project Risk Analysis

The WebKey project may face various risks during development, including technical risks, market risks, operational risks, and regulatory risks:

• Technical Risk: Implementation of new technologies may encounter unforeseen technical obstacles or security vulnerabilities.

• Market Risk: Market acceptance lower than expected, or losing market share due to rapid development by competitors.

• Operational Risk: Poor internal management or execution may affect the stable operation of the project.

• Regulatory Risk: Rapid changes in regulatory environments across different regions globally may impact the operation and expansion of WebKey.

Risk Management Strategies

To effectively manage these risks, WebKey has adopted the following strategies:

• Continuous technical reviews and testing: Regular system reviews and security testing to ensure the advancement and security of the technology.

• Market and user research: In-depth research on market and user needs, adjusting market strategies to improve user acceptance and market share.

• Enhanced internal management: Optimizing internal management processes and crisis response mechanisms to enhance operational efficiency and project adaptability.

• Regulatory compliance and monitoring: Close monitoring of global regulatory changes, and timely adjustment of strategies to comply with local regulatory requirements.