V X W H I T E P A P E R V E R T E X C O I N C O P Y R I G H V E P A C I N F O S E R V I C E S P V T L T D

Size: px
Start display at page:

Download "V X W H I T E P A P E R V E R T E X C O I N C O P Y R I G H V E P A C I N F O S E R V I C E S P V T L T D"

Transcription

1 V X V E R T E X C O I N W H I T E P A P E R C O P Y R I G H V E P A C I N F O S E R V I C E S P V T L T D

2 D I S C L A I M E R PLEASE READ THE DETAILS MENTIONED HERE CAREFULLY AND CONSULT LEGAL AND FINANCIAL EXPERTS FOR FURTHER GUIDANCE. This Whitepaper has been prepared for distribution solely for information purposes. Vertex Coin does not guarantee the accuracy of the conclusion and statements reached in this document. The following information may be incomplete and in no way implies a contractual relationship. While we make every effort to ensure that all the information in this whitepaper is accurate and up to date, such material in no way constitutes professional advice. Vertex Coin neither guarantees nor accepts responsibility for the accuracy, reliability, current (as of this Whitepaper) or completeness of this content. Individuals intending to contribute in this platform should seek independent professional advice before acting on any of the information contained in the document. The coin is open to anyone who understands the risk involved in contributing practices; however, Vertex Coin is not engaged in any illegal activities. We aim to create a stable and viable platform which could bring value to all participants. By using Vertex Coin and its platform, you confirm that you have read our terms and conditions. Therefore, you understand them and agree to be unconditionally bound by them. This site is intended to be used for information purposes only and to use this service you must accept our Terms & Conditions, disclaimer as follows: You are liable for your decision, Vertex Coin is not intended to be used as a general guide to invest and should be used for information purposes only. 1

3 When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert to make a calculated decision. Vertex Coin does not offer Investment Advice or Brokering Services. Vertex Coin provides information only and offers further support during the working process. This site is constituted and accepted by the information solely on the website, otherwise, this must be declared Legal Warning. Vertex Coin creates equal opportunities for citizens, residents, and representatives of companies across the world. Otherwise, any legal issues, loss or damages without limitation (including indirect or direct) arising whatsoever from limited legal knowledge must be liable for their own consequence. Accordingly, Vertex Coin will not be liable, whether in contract, even in force majeure for damages, costs or other failures arising from your contribution. We reserve the right to refuse any complaint(s) in the event of lack of knowledge. You should identify any information you find on our website that you want to rely on, whether this is used for investment decisions or otherwise. 2

4 Legal Warning Vertex Coin creates equal opportunities to citizens, residents, and representatives of companies across the world. Otherwise, any legal issues, loss or damages without limitation (including indirect or direct) arising whatsoever from limited legal knowledge must be liable for their own consequence. Accordingly, Vertex Coin will not be liable, whether in contract, even in force majeure, for damages, costs or other failures arising from your contribution. We reserve the right to refuse any complaint(s) in the event of lack of knowledge. You should identify any information you find on our website that you want to rely on, whether this is used for investment decisions or otherwise. LEGAL AND REGULATORY REMARKS This whitepaper is for information purposes only and may be subject to change. VertexCoin cannot guarantee the accuracy of the statements made or conclusions reached in this whitepaper. Vertex Coin does not make and expressly disclaims all representations and warranties (whether express or implied by statute or otherwise) whatsoever, including but not limited to: - any representations or warranties relating to merchant ability, fitness for a particular purpose, description, suitability or non infringement; that the contents of this document are accurate and free from any errors; and - that such contents do not infringe any third party rights. Vertex Coin shall have no liability for damages of any kind arising out of the use, reference to or reliance on the contents of this whitepaper.

5 This whitepaper may contain references to third-party data and industry publications. As far as Vertex Coin is aware, the information reproduced in this Whitepaper is jurisdiction. Vertex Coin (VRX) should not be acquired for speculative or investment purposes with the expectation of making an investment return. No regulatory authority has examined or approved any of the information set out in this Whitepaper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this Whitepaper does not imply that applicable laws, regulatory requirements or rules have been complied with. The Vertex Coin sale represents a voluntary contribution towards the execution of this product's vision by its current and future team as it is described in this whitepaper. The Vertex Coin (VRX) does not grant any direct equity stake or profit sharing. It does not represent an ownership right or claim in the Vertex Coin platform, revenues or intellectual property, either present or future. Despite Vertex Coin team's best effort and diligence to bring this project forward, all contributors should be aware that their contributions are not refundable and accept the inherent risk of project failure at any stage of development. This implicit risk is associated with any and all uncertainty of backing cutting-edge technologically focused entrepreneurial projects and can be affected by either internal or external factors that are out of the control and scope of the team. Additionally, contributions may be subject to any applicable compliance regulations (including KYC, AML, and others where applicable). 3

6 The planned Vertex Coin platform first needs to be analyzed and tested by our team. The Vertex Coin platform will only then be operational if and when all tests have been completed successfully. Therefore, the above described function of the VRX as a means of payment on the Vertex Coin platform will at the earliest be activated from the moment successful testing has been completed onwards. 3 This Whitepaper does not constitute a prospectus or offering document and is not an offer to sell, nor the solicitation of an offer to buy any investment or financial instrument in any jurisdiction. Vertex Coin (VRX) Coin should not be acquired for speculative or investment purposes with the expectation of making an investment return. No regulatory authority has examined or approved any of the information set out in this Whitepaper. accurate and that its estimates and assumptions are reasonable. However, there are no assurances as to the accuracy or completeness of this information. Although information and data reproduced in this Whitepaper are believed to have been obtained from reliable sources, we have not independently verified any of the information or data from third party sources referred to in this whitepaper or ascertained the underlying assumptions relied upon by such sources. As of the date of publication of this whitepaper, Vertex Coin (VRX) has no known potential uses outside of the Vertex Coin platform ecosystem and are not permitted to be sold or otherwise traded on third-party exchanges until the Initial Coin Offering has been completed. After such time Vertex Coin will proceed to make application to a number of exchanges to enable the trading of the (VRX) Coin on these exchange platforms. 4

7 This whitepaper does not constitute advice or a recommendation by Vertex Coin, its officers, directors, managers, employees, agents, advisors or consultants, or any other person to any recipient of this paper on the merits of participation in the Vertex Coin Sale. Participation in the Vertex Coin Sale carries a substantial risk that could lead to a loss of all or a substantial portion of funds contributed. No promises of future performance or value are being made with respect to Vertex Coin, including no promise of inherent value, no promise of continuing payments, and no guarantee that Vertex Coin (VRX) will hold any particular value. Unless prospective participants fully understand and accept the nature of Vertex Coin's proposed business and the potential inherent risks, they should not participate in the Vertex Coin Sale. Vertex Coin (VRX) is not being structured or sold as securities, Vertex Coin (VRX) is not a participation in Vertex Coin and Vertex Coin (VRX) holds no rights in Vertex Coin. Vertex Coin (VRX) is sold with an intended future functionality on the platform to be developed by Vertex Coin and all proceeds received during the Coin Sale may be spent freely by Vertex Coin on the development of its business and platform. The VRX Coin can be used in the Vertex Coin platform with a corresponding utility value inside such ecosystem and will not provide any redemption rights. We believe that the Vertex Coin does not qualify as a security and does not provide contributor equity share in the legal structure of any of the Vertex Coin entities. This Whitepaper does not constitute a prospectus or offering document and is not an offer to sell, nor the solicitation of an offer to buy any investment or financial instrument in any action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this Whitepaper does not imply that applicable laws, regulatory requirements or rules have been complied with. 5

8 I N D E M N I F I C A T I O N The users agrees to indemnify and hold harmless Vertex Coin, and its respective affiliates, officers, agents, employees, and permitted successors and assigns against any and all claims, losses, damages, liabilities, penalties, punitive damages, expenses,reasonable legal fees and costs of any kind or amount whatsoever, which result from or arise out of any act or omission of the indemnifying party, its respective affiliates, officers, agents, employees, and permitted successors and assigns that occurs in connection with this Legal Document. This indemnification will survive the termination of this Legal Document. Dispute Resolution (Optional) In the event a dispute arises out of or in connection with this Agreement, the Parties will attempt to resolve the dispute through friendly consultation. If the dispute is not resolved within a reasonable period then any or all outstanding issues may be submitted to mediation in accordance with any statutory rules of mediation. If mediation is unavailable or is not successful in resolving the entire dispute, any outstanding issues will be submitted to final and binding arbitration in accordance with International Law. The arbitrator's award will be final, and judgment may be entered upon it by any court having jurisdiction within International Courts. ROI Return On Involvement refers to the members participation and contributions made and its accumulated returns over a period of time. 6

9 Modification of Agreement Any amendment or modification of this Agreement or additional obligation assumed by either Party in connection with this Agreement will only be binding if evidenced in writing signed by each Party or an authorized representative of each Party. Time of the Essence Time is of the essence in this Agreement. Force Majeure It must be made known and clear that Vertex Coin shall not be liable for failure or loss of contribution or failure in performance resulting from causes beyond its reasonable control including but not limited to acts of state or governmental authorities, acts of terrorism, natural catastrophe, storm, flood, earthquake, riot, insurrection, civil disturbance, sabotage, embargo, blockade, acts of war, or power failure. In the event of such delay, Vertex Coin shall be held harmless and indemnified against any and all financial losses or breakdown. 7

10 A B S T R A C T This whitepaper presents a ground-breaking combination of Blockchain technology and payment ecosystem in Gemstone Industry, Infrastructure Development Sector and Software Industry. These industries have the potential to become the next asset class. In the digital age it should not be difficult to transact. This white paper addresses how Vertex (VRX intends to bridge the gap between the current ecosystem and the developing financial markets. Speed, transparency and costs associated with the cross-border payments are major challenges and obstacles in the Gemstone Industry, Software Industry and Infrastructure Development Sector. Traditional payment systems rely on centralized banks and credit institutions. These centralized financial institutions offer no transparency moreover demand a transaction fee from both parties doing business. Blockchain is emerging as the new system for recording and sharing information, including financial data. This decentralized technology offers transparency and makes it easy to transfer money or data across the world. There is no need to place trust in a central organization or institutions as the data is stored within a blockchain. The benefits of Blockchain in financial sector so exponential that the World Economic Forum predicts that 10% of GDP is going to be stored on the technology by Trading is a major aspect of human life. It is a necessity of everyday human life to exchange goods and services. 8

11 A lot of transactions are carried out in different parts of the world every day. People all over the world engage in interactions, transactions as well as investments in businesses. Basically, trading is an essential part of modern life. Over time, there has been adjustments and advancements in the methods of trading. One of such advancements is the introduction of cryptocurrencies. The idea for digital money started with the revolutionary Bitcoin whitepaper by Satoshi Nakamoto in The cryptocurrency industry has now grown with numerous cryptocurrencies in the market and more people investing in the market. VertexCoin uses exceptional blockchain technology to transform the way people trade and invest. Contributing to the VertexCoin's ICO is a smart way to benefit from the initial offering and establish a lasting profitable return. VertexCoin is constructed on a highly secure peerto-peer network and operated under the blockchain system. There is a guaranteed safety and anonymity for users who engage in any transaction. If you seek an innovative solution that will offer you a safer,simpler and swifter method for trading in the cryptocurrency market, VertexCoin isdefinitely what you need. 10

12 P R O B L E M S I N T H E M A R K E T Every day, the number of cryptocurrencies increases. As a result, it is often challenging for participants, most especially the ones with little knowledge of the cryptocurrency industry, to decide on the cryptocurrency, in which they will consider the best opportunity. Sometimes, participants contribute a lot of money in a cryptocurrency, and they end up gaining very little later on. Participants often find it challenging to find professional trading platforms which are reliable. The fear of losing their contribution has made a number of participants to have panic attacks. One good way to help participants and assure them of the safety of their contribution is to provide them with our platform where they can invest easily with reliable system. 11

13 V E R T E X C O I N A S A S O L U T I O N Vertex Coin is a tokenized for Transactions & Investment in Gemstone Industry, Infrastructure Development Sector and Software Industry. The Fund seeks to acquire income-producing, through transaction and investment in Gems trading, Infrastructure Development, and software development. the equity, and deploy the Digital currency in transaction. The Fund plans to Invest in multiple countries where the market is progressively giving good returns over investment in multiple industries. Apart from the investment part the funds will be allocated to departments and resources. 12

14 O V E R V I E W O F V E R T E X C O I N ( V R X ) Utilizing a hybrid Proof of Work and Proof of Stake mechanism, Vertex Coin is a selfregulated financial system that provides the holder with the ability to spend or send money worldwide, without any centralized middle authority. Vertex Coin also allows the user to earn revenue through its platform, generated by ventures made into foundational aspects of the Gemstone Industry, Infrastructure Development Sector and Software Development ecosystem. The Vertex Coin platform provides users with multiple opportunities and an exclusive crypto community that both learn and earn together by sharing and building their portfolios together. Vertex Coin strives to be both a platform for earning and a useful tool in helping you maneuver your way through this exciting industry. The Vertex Coin team is made up of Gems Traders, Infrastructure and Software development Consultants. We have established professionals from every aspect as to provide our users with the best possible service offered by other similar platforms that may not be up to par considering the number of user's funds they have been entrusted with. The Vertex Coin Team will expand its roster with more professional traders and analysts to help monitor markets and access information across the globe 24/7 for the benefit of the community. These features are the foundations of Vertex Coin's longterm plans for a sustainable and viable cryptocurrency platform. 13

15 P R O B L E M S W I T H C R Y P T O C U R R E N C Y I N V E S T M E N T S With meteoric rise in the number of cryptocurrencies, investment decisions are becoming more and more difficult. Ÿ The Return on Investment is not as good as one expects. Ÿ It's challenging to find a reliable professional cryptocurrency trading platform. S O L U T I O N 14

16 V R X T O K E N D I S T R I B U T I O N Total 210 Million Vertex coins have been in the supply. Below is the breakdown of thecoins for the project 15

17 F U N D A L L O C A T I O N P L A N Pre-ICO Phase One Fund Allocation Phase-I is the initial phase for Vertex Coin. We have allocated 10 Million tokens for this phase. Start Date: 15 July 2018 VRX is offering a Special Offer for this phase where all the Investors/Customers who will buy VRX in Phase I will get 10% Additional Free Tokens. 16

18 P R E - I C O P H A S E O N E F U N D A L L O C A T I O N Phase-I is the initial phase for Vertex Coin. We have allocated 15 Million tokens for this phase. Start Date: 15 September 2019 VRX is offering a Special Offer for this phase where all the Investors/Customers who will buy VRX in Phase I will get 5% Additional Free Tokens. 17

19 F U N D D I S T R I B U T I O N F O R I C O Phase-I is the initial phase for Vertex Coin. We have allocated 30 Million tokens for this phase. Start Date: 15 September

20 F U N D D I S T R I B U T I O N F O R M A I N I C O Phase-I is the initial phase for Vertex Coin. We have allocated 45 Million tokens for this phase. Start Date: 15 September

21 D I S C L A I M E R Cross-border money transfer and its drawbacks The payment industry represents one of the major issues in the businesses today. Payments are not just lucrative for the financial institutions, they are the anchor point in every deal. For banks, payment information becomes a source of information in terms of the client and further is an opportunity to generate leads to increase their business. Therefore, losing stakes in payment transactions will lead to massive loss for banks. Currently the payment industry across the world is in great upheaval as a resultof regulatory as well as political initiatives. Worth mentioning among them is the newsingle Euro Payments Area(SEPA), the new introduced regulation on interchange fessand revised Payment Service Directive (PSD2) which has come into effect from Alot of projects are trying to harmonize the payments across the globe. Globally, theemergence of smartphones is allowing the technology and telecommunicationentrants to patch this gap. Enterprises in every arena are squeezed between the needfor fresh investments and compliances and IT. For example, if Bank A wishes to send a transfer in euro to bank D in Germany, the workflow will be like: Bank A initiates a payment request to its correspondent bank, Bank B Bank B makes the adjustments and a message is sent to the correspondent bank, Bank C Bank C transfers the value via SEPA to Bank D Bank D transfers the amount of the beneficiary in euro 20

22 As shown in the payment flow chart, the bank charges fees for processing each transaction andthere by increasing the cost of all parties involved. SWIFT as a messaging service adds its transmitting costs. Moreover, as the ledgers are owned by individual banks, the SWIFT messages ensure that each debit and credit is communicated to another bank. This increases the number of messages supposed to be sent in the chain, with the increase in number of messages SWIFT fees also increases. The current process involves the following drawbacks: Since no two banks individually can agree on a transaction on their own, SWIFT comes into the picture as a guarantee. Swift charges banks for messaging information irrespective of the fact that the bank is the receiver or the sender of the message. Every cross-border payment has to go through certain banks in the chain who do activities like collating, netting payments. This increases the settlement time. A third party needs to be trusted with the powers of overwriting ledgers in a unified manner. Bank requirement of maintaining a certain level of liquidity in the accounts also comes intothe picture. The payment messages go through different services like Fedwire, SEPA and Swift When a cross border payment is initiated, the originator of the message is edited andpopulated by a bank account number. This raises security and data protection concerns inthe receiving bank. 21

23 BLOCKCHAIN INTEGRATION IS THE KEY TO SUCCESS Narrating the shortcomings of the cross-border payments process, blockchain as a distributedledger technology is gaining traction in banking and financial sector. Introduced in the year 2008,blockchain potential is now being realized by businesses across the world.blockchain as a distributed ledger presents itself as a technology which is accessible to everyone present in the network. The promising potential of the technology has increased interest of existing payment infrastructure such as Swift, provider of international payment transaction as well as regulator. Both technical and financial enterprises are looking forward to launch blockchain-based solutions to solve the issues arising in the cross-border payments. Institutions like banks across globe are in a situation where they need to support the existing payment mechanism while technologies like blockchain are being adopted and gaining market share. The prediction says that both, existing payment infrastructures as well as new technologies will co-exist as the payment system evolves. Payment eco-system needs a real-time evolution, any-to-any payments experience for customers; blockchain is going to play a fundamentally disruptive role in the evolution of realtime payments.the technology has the capability to enhance the payments system between multiple partiesacross the border, securely and with minimum transaction fees or operational friction. FACTORS TO BE UNDERSTOOD BEFORE BLOCKCHAIN ADOPTION Banks and financial institutions are setting up innovation labs to process Proof of Concept. Theseproofs of concepts will be able to harness the potential of distributed ledger technology knownas Blockchain. As per a recent study conducted by Accenture, 30% of the organizations are involved in conduction POCs along with different Fintech companies whereas 27% companies are formulating a strategy around the same. 22

24 While enterprises are on their way to adopt Blockchain as the DLT, here are a few critical factors that needs to be understood and addressed: 1. Standardization: Lack of calibration in formats. With globalization, we have to meet several global standards for messaging like Society for Worldwide Interbank Financial Telecommunication (SWIFT), Electronic Banking Internet Communication Standard (EBICS), ISO20022, ISO Expense reduction and time benefits: The payments across borders continue to lack trust and security. The expenses are more as it is difficult to assess charges and incurred through multiple correspondent banks. The identity of the banks involved is not always transparent between sender and receiving bank. 3. Data Security: There is a firm need to ensure that there are no data breaches and that the information has not been modified at any end of the chain. 4. Compliance and regulatory: Various regulations like AML, KYC and FATF needs to be followed to ensure that there is security in the process as well as to keep a tab on high risk payments. 5. Collaboration: Co-operation among payment service providers for an extensive global network. Benefits of Blockchain in Cross Border Payments 23

25 Vertex Coins in Infrastructure Development Sector The Infrastructure Development industry and the transactions in this industry are heavily dependent on intermediaries like brokers, title companies, escrows, attorneys and notaries. Vertex Coin has the potential to transform how the industry works with the help of Blockchain. Recording The Infrastructure Development Sector is completely dependent on government notaries or attorneys who maintain the trust factor. Blockchain recording will play an integral role where notaries aren't available. The recording can be done on the blockchain with the help of hash. These hashes then can be stored on blockchain to create an immutable record of the transaction. One doesn't need to pay the fees of these attorneys or government notaries as the transaction with Vertex Coins are going to be recorded on blockchain. Smart Workflow 24

26 When buying or investing in property, the process is often complex and elaborate, moreover results in loss of time and money. Whereas when transactions will be stored on blockchain, the speed of the workflow can be significantly improved, transactions will be visibly faster, and timelines will be reduced dramatically. It will also help in building trust as the transactions are updated in an immutable ledger. With Vertex Coins as you invest in properties across the world, the transaction is going to be quick and there will be no need to build trust as the process will be followed on a blockchain. Smart Escrow No industry is left aside from the plague of dependencies. Infrastructure Development Sector is heavily dependent of intermediaries like brokers and escrow agents who charge hefty fees to conduct transactions. Every transaction on Vertex coins will be done through smart contract. Based on blockchain technology, smart contracts are the digital alternatives to escrow agents. The transactions and contracts are automatically activated as the pre-conditions mentioned in the smart contract are met. Land Registry 25

27 The gemstone industry across globe will be reimagined, disrupted and improved with the help of blockchain technologies. With Vertex Coin we offer safer and more efficient ways to connect with partners in the gemstone business as well track and exchange gemstones. The ability to use blockchain technology to develop next level of supply chain the diamond industry will soon become a key element of success. Traceability Gemstone tracking in the entire industry ecosystem across the end-toend supply chain can be easily done through blockchain. All the stakeholders will be able to trace the origin of the gemstone. The tracking and tracing of finished gemstones from raw or even where the rough gemstone was mined from, provides high level of trust to the users. Vertex Coins is going to be the platform which will bring trust in the trade of gemstones with the help of blockchain. The smart contracts and hash generated records the complete chain of custody of the gemstones from their origin to point of sale. Flexibility: Transactions in Gemstones can be made quick and secure through blockchain and cryptocurrency. With virtual payment applications transactions can be made quickly through devices and in instant. 27

28 Consumer Payments: Blockchain has revolutionized the transaction process by improving the speed, cost, and security of international payments. The use of cryptocurrencies could be the next big step in the retail industry where consumers could by their daily needs through Bitcoin or Ethereum.Cryptocurrency offers real advantages for both cross-border payments and micro-payments. Blockchain technology could be easily implemented in the traditional payment system making it fast and secure for both the parties. However, it is a fact that these benefits are more applicable in the context of businesses where the size of payments is huge. Blockchain has the potential to streamline the consumer payments and make the multi-currency settlements easy. Product Authenticity Blockchain is the new concept for data management. It is a distributed ledger (database) with a new way how the data is stored, secured and synchronized between multiple parties. It allows the data to be controlled by several equal parties without central authority. It eliminates possibility of fraud by one/single authority, provides the right level of transparency and immutability of the 28

29 Any attempt to falsify data will be detected and rejected by the members of Blockchain network, who maintain the correct version of the data. The manufacturers can add unique identifier to every produced item and update the entries into the blockchain. Vertex Coins use the Blockchain technology to store records or database of the produced products, which can be accessed by suppliers and consumers to check the authenticity of the products. Vertex Coins in Software The software industries is one such industry which mostly involve cross border payments between B2B and B2C businesses. Vertex Coin standalone is potent to make such payments easy, fast and secure with no Brokers involved. 29

30 pragma solidity ^0.4.4; pragma contract solidity Token ^0.4.4; { contract Token { total amount of tokens function totalsupply() constant returns (uint256 supply) {} total amount of tokens function totalsupply() _owner constant The address returns from (uint256 which the supply) balance {} will be retrieved The balance function _owner balanceof(address The address from _owner) which constant the balance returns will (uint256 be retrieved balance) {} The balance function balanceof(address send `_value` _owner) token to constant `_to` from returns `msg.sender` (uint256 balance) {} _to The address of the recipient send `_value` The token amount to `_to` of token from to `msg.sender` be transferred _to The Whether address the of transfer the recipient was successful or not function _value transfer(address The amount _to, of token uint256 to _value) be transferred returns (bool success) {} Whether the transfer was successful or not function transfer(address send `_value` _to, token uint256 to _value) `_to` from returns `_from` (bool on success) the condition {} it is approved by `_from` _from The address of the sender send _to `_value` The address token of to the `_to` recipient from `_from` on the condition it is approved by `_from` _from_value The address The amount of the of sender token to be transferred _to The Whether address the of transfer the recipient was successful or not function _value transferfrom(address The amount of token _from, to address be transferred _to, uint256 _value) returns (bool success) {} Whether the transfer was successful or not function transferfrom(address `msg.sender` approves _from, address `_addr` _to, uint256 spend `_value` _value) returns tokens (bool success) {} _spender The address of the account able to transfer the tokens `msg.sender` _value The approves amount of `_addr` wei to to be spend approved `_value` for transfer tokens _spender Whether The the address approval of the was account successful able or to not transfer the tokens function _value approve(address The amount _spender, of wei to uint256 be approved _value) for returns transfer (bool success) {} Whether the approval was successful or not function approve(address _owner The _spender, address of uint256 the account _value) owning returns tokens (bool success) {} _spender The address of the account able to transfer the tokens _owner Amount The address of remaining of the tokens account allowed owning to tokens spent function _spender allowance(address The address _owner, of the account address _spender) able to transfer constant the returns tokens (uint256 remaining) {} Amount of remaining tokens allowed to spent function event allowance(address Transfer(address indexed _owner,_from, address address _spender) indexed constant _to, uint256 returns _value); (uint256 remaining) {} event Approval(address indexed _owner, address indexed _spender, uint256 _value); event Transfer(address indexed _from, address indexed _to, uint256 _value); event } Approval(address indexed _owner, address indexed _spender, uint256 _value); } contract StandardToken is Token { contract function StandardToken transfer(address is Token _to, { uint256 _value) returns (bool success) { //Default assumes totalsupply can't be over max (2^256-1). function //If transfer(address your token leaves _to, out uint256 totalsupply _value) and returns can issue (bool more success) tokens { as time goes on, you need to check if it doesn't //Default wrap. assumes totalsupply can't be over max (2^256-1). //If your //Replace token the leaves if with out this totalsupply one instead. and can issue more tokens as time goes on, you need to check if it doesn't wrap. //if (balances[msg.sender] >= _value && balances[_to] + _value > balances[_to]) { //Replace if (balances[msg.sender] the if with this one >= instead. _value && _value > 0) { //if (balances[msg.sender] >= -=_value _value; && balances[_to] + _value > balances[_to]) { if (balances[msg.sender] balances[_to] += _value; >= _value && _value > 0) { balances[msg.sender] Transfer(msg.sender, -= _value; _to, _value); balances[_to] return true; += _value; Transfer(msg.sender, } else { return false; _to, } _value); } return true; } else { return false; } }

31 pragma solidity ^0.4.4; function contract transferfrom(address Token { _from, address _to, uint256 _value) returns (bool success) { //same as above. Replace this line with the following if you want to protect against wrapping uints. //if /// total amount >= _value of && tokens allowed[_from][msg.sender] >= _value && balances[_to] + _value > balances[_to]) function { totalsupply() constant returns (uint256 supply) {} if (balances[_from] >= _value && allowed[_from][msg.sender] >= _value && _value > 0) { balances[_to] _owner += _value; The address from which the balance will be retrieved balances[_from] The balance -= _value; allowed[_from][msg.sender] function balanceof(address -= _owner) _value; constant returns (uint256 balance) {} Transfer(_from, _to, _value); return true; send `_value` token to `_to` from `msg.sender` } else { return _to false; The } address of the recipient } _value The amount of token to be transferred Whether the transfer was successful or not function function balanceof(address transfer(address _owner) _to, uint256 constant _value) returns returns (uint256 (bool balance) success) {{} return balances[_owner]; } send `_value` token to `_to` from `_from` on the condition it is approved by `_from` _from The address of the sender function approve(address _to The address _spender, of the uint256 recipient _value) returns (bool success) { allowed[msg.sender][_spender] _value The amount = _value; of token to be transferred Approval(msg.sender, Whether _spender, the transfer _value); was successful or not return function true; transferfrom(address _from, address _to, uint256 _value) returns (bool success) {} } `msg.sender` approves `_addr` to spend `_value` tokens function allowance(address _spender The _owner, address address of the account _spender) able constant to transfer returns the (uint256 tokens remaining) { return allowed[_owner][_spender]; _value The amount of wei to be approved for transfer } Whether the approval was successful or not function approve(address _spender, uint256 _value) returns (bool success) {} mapping (address => uint256) balances; mapping (address _owner => mapping The (address of the => uint256)) account owning allowed; tokens uint256 public totalsupply; _spender The address of the account able to transfer the tokens } Amount of remaining tokens allowed to spent function allowance(address _owner, address _spender) constant returns (uint256 remaining) {} contract VertexCoin is StandardToken { // CHANGE THIS. Update the contract name. event Transfer(address indexed _from, address indexed _to, uint256 _value); string event public Approval(address name; indexed _owner, address indexed _spender, uint256 _value); uint8 public decimals; string } public symbol; string public version = 'H1.0'; uint256 public unitsoneethcanbuy; uint256 contract public StandardToken totalethinwei; is Token BTC). { We'll store the total ETH raised via our ICO here. address public fundswallet; function transfer(address _to, uint256 _value) returns (bool success) { //Default assumes totalsupply can't be over max (2^256-1). function //If VertexCoin() your token leaves { out totalsupply and can issue more tokens as time goes on, you need to check if it doesn't balances[msg.sender] wrap. = ; totalsupply //Replace = ; the if with this one instead. name //if = (balances[msg.sender] "Vertex Coin"; >= _value && balances[_to] + _value > balances[_to]) { decimals if (balances[msg.sender] = 18; >= _value && _value > 0) { symbol balances[msg.sender] = "VRX"; -= _value; unitsoneethcanbuy balances[_to] += = 7000; _value; fundswallet Transfer(msg.sender, = msg.sender; _to, _value); // The owner of the contract gets ETH } return true; } else { return false; } }

32 function() pragma payable{ solidity ^0.4.4; totalethinwei = totalethinwei + msg.value; uint256 contract amount Token = { msg.value * unitsoneethcanbuy; require(balances[fundswallet] >= amount); total amount of tokens balances[fundswallet] function totalsupply() = balances[fundswallet] constant returns (uint256 - amount; supply) {} balances[msg.sender] = balances[msg.sender] + amount; _owner The address from which the balance will be retrieved Transfer(fundsWallet, The balance msg.sender, amount); // Broadcast a message to the blockchain function balanceof(address _owner) constant returns (uint256 balance) {} //Transfer ether to fundswallet fundswallet.transfer(msg.value); send `_value` token to `_to` from `msg.sender` } _to The address of the recipient _value The amount of token to be transferred /* Approves and Whether then calls the transfer receiving was contract successful */ or not function function approveandcall(address transfer(address _to, _spender, uint256 _value) uint256 returns _value,(bool bytes success) _extradata) {} returns (bool success) { allowed[msg.sender][_spender] = _value; Approval(msg.sender, send `_value` _spender, token _value); to `_to` from `_from` on the condition it is approved by `_from` _from The address of the sender //call /// receiveapproval _to The address function of the on recipient the contract you want to be notified. This crafts the function signature manually so one doesn't _value The have amount to include of token a contract to be transferred in here just for this. //receiveapproval(address Whether the _from, transfer uint256 was successful _value, address or not _tokencontract, bytes _extradata) //it function is assumed transferfrom(address that when does this _from, that the address call *should* _to, uint256 succeed, _value) otherwise returns (bool one would success) use {} vanilla approve instead. if(!_spender.call(bytes4(bytes32(sha3("receiveapproval(address,uint256,address,bytes)"))), `msg.sender` approves `_addr` to `_value` tokens msg.sender, _value, this, _extradata)) _spender { throw; } The address of the account able to transfer the tokens return true; _value The amount of wei to be approved for transfer } Whether the approval was successful or not } function approve(address _spender, uint256 _value) returns (bool success) {} } _owner The address of the account owning tokens _spender The address of the account able to transfer the tokens Amount of remaining tokens allowed to spent function allowance(address _owner, address _spender) constant returns (uint256 remaining) {} event Transfer(address indexed _from, address indexed _to, uint256 _value); event Approval(address indexed _owner, address indexed _spender, uint256 _value); contract StandardToken is Token { function transfer(address _to, uint256 _value) returns (bool success) { //Default assumes totalsupply can't be over max (2^256-1). //If your token leaves out totalsupply and can issue more tokens as time goes on, you need to check if it doesn't wrap. //Replace the if with this one instead. //if (balances[msg.sender] >= _value && balances[_to] + _value > balances[_to]) { if (balances[msg.sender] >= _value && _value > 0) { balances[msg.sender] -= _value; balances[_to] += _value; Transfer(msg.sender, _to, _value); return true; } else { return false; } }

White Paper Version 0.2 January 29,2018 ABSTRACT

White Paper Version 0.2 January 29,2018 ABSTRACT White Paper Version 0.2 January 29,2018 ABSTRACT This document describes a platform that applies the Ethereum s blockchain technology and Smart Contracts to create a system of creation, exchange and promotion

More information

elocations Token Sale Terms and Conditions

elocations Token Sale Terms and Conditions elocations Token Sale Terms and Conditions PLEASE READ THESE TERMS OF SALE CAREFULLY. BY ATTEMPTING TO PURCHASE OR PURCHASING ELOCATIONS TOKEN, YOU AGREE TO BE LEGALLY BOUND BY THESE TERMS & CONDITIONS

More information

ABSTRACT. There is a limited number of tokens available, and it is advised that you take advantage of the ICO discounts.

ABSTRACT. There is a limited number of tokens available, and it is advised that you take advantage of the ICO discounts. ABSTRACT As the cryptocurrency industry gets more recognized by mainstream users, it needs to evolve to ensure it finally achieves the core objectives that Satoshi Nakamoto had ten years ago when he developed

More information

WHITE PAPER. Cross-Border Money Transfer Using Blockchain Enabled by Big Data. Ravishankar Achanta

WHITE PAPER. Cross-Border Money Transfer Using Blockchain Enabled by Big Data. Ravishankar Achanta WHITE PAPER Cross-Border Money Transfer Using Blockchain Enabled by Big Data Ravishankar Achanta Abstract Blockchain has been making a buzz for quite some time now and the distributed ledger blockchain

More information

The first blockchain-secured Forex marketplace. https://serenity-financial.io/

The first blockchain-secured Forex marketplace. https://serenity-financial.io/ The first blockchain-secured Forex marketplace https://serenity-financial.io/ Contents 1. Introduction... 3 2. Problem description... 4 3. About the project... 5 3.1. Project mission.... 5 3.2. Who benefits

More information

General Terms and Conditions

General Terms and Conditions General Terms and Conditions is a company incorporated according to Swiss law with legal seat in Zug, Switzerland ( BTCS ). BTCS is a Swiss financial intermediary, broker and financial service provider,

More information

WHITEPAPER* September *Smart contract revised 2

WHITEPAPER* September *Smart contract revised 2 WHITEPAPER* September 2017 *Smart contract revised 2 SmartBillions. World s first multi-billion-dollar lottery. SmartBillions is the first fully decentralized and transparent lottery managed by an Ethereum

More information

CMR White Paper THE ICO STARTER

CMR White Paper THE ICO STARTER CMR White Paper THE ICO STARTER Index 1. Introduction 2. What is CMR coin? 3. How does CMR create value? 4. CMR coin characteristics 5. ICO of CMR 6. Buying and trading CMR 7. How is the underlying portfolio

More information

Blockchain s Potential Role in Payment Modernization

Blockchain s Potential Role in Payment Modernization Blockchain s Potential Role in Payment Modernization Presented by: Christopher J. Mager Managing Director and Head of Global Innovation BNY Mellon Treasury Services October 3rd, 2016 Agenda Payment disruption

More information

APPLE BLOCKCHAIN COIN

APPLE BLOCKCHAIN COIN APPLE COIN www.apcoin.co APPLE BLOCKCHAIN COIN The world s advanced blockchain based platform with Secure, Fast and Infinite Opportunities. WHITEPAPER THE NEXT GLOBAL PAYING WHITEPAPER Introduction APPLE

More information

Table of contents. 2

Table of contents. 2 Whitepaper Table of contents Table of contents... 2 Overview... 3 TrillionToken... 3 Sports Betting Platform... 3 Cryptocurrency... 3 Blockchain technology... 3 Ethereum network... 5 TrillionToken token...

More information

SECRET COIN WHITE PAPER

SECRET COIN WHITE PAPER ABSTRACT With the development of blockchain technology and the rapid growth of the cryptocurrency market, new opportunities appear consistently in the field of investment. The traditional economy changes

More information

Building Blockchain Solutions

Building Blockchain Solutions Provide Authenticity and Trust to all information you create, process, store and distribute Digital Disruption Is Here The application of new digital technologies causes seismic upheavals in all markets:

More information

Blend whitepaper V 1.0

Blend whitepaper V 1.0 Blend whitepaper V 1.0 Legal considerations, risk and disclaimer PLEASE READ THIS DISCLAIMER SECTION AND THIS ENTIRE WHITE PAPER CAREFULLY. YOU MUST NOT INVEST IN THIS INITIAL COIN OFFERING (ICO) WHITHOUT

More information

AURORA LABS S.A. Terms of Token Sale

AURORA LABS S.A. Terms of Token Sale AURORA LABS S.A. Terms of Token Sale PLEASE READ THESE TERMS AND CONDITIONS (T&C) CAREFULLY. BY PURCHASING DVIP TOKENS DURING THE TOKEN SALE PERIOD, YOU (THE CLIENT, REGISTERED USER, VERIFIED USER, YOUR,

More information

TOKEN SWAP AGREEMENT DATAVLT is a proud product of XYPHER Pte. Ltd. Token Swap: Explanatory Note & Terms and Conditions

TOKEN SWAP AGREEMENT DATAVLT is a proud product of XYPHER Pte. Ltd. Token Swap: Explanatory Note & Terms and Conditions TOKEN SWAP AGREEMENT DATAVLT is a proud product of XYPHER Pte. Ltd. Token Swap: Explanatory Note & Terms and Conditions You must read and agree to the following information before you can proceed. 1. Principles

More information

SUMMARY OF TERMS OF THE SIMPLE AGREEMENT FOR FUTURE TOKENS ISSUED BY BLOXABLE, INC. [Month] [Day], Background Information

SUMMARY OF TERMS OF THE SIMPLE AGREEMENT FOR FUTURE TOKENS ISSUED BY BLOXABLE, INC. [Month] [Day], Background Information SUMMARY OF TERMS OF THE SIMPLE AGREEMENT FOR FUTURE TOKENS ISSUED BY BLOXABLE, INC. [Month] [Day], 2018 Background Information This Summary of Terms of the Simple Agreement for Future Tokens (the SAFT

More information

Investing in the Blockchain Ecosystem

Investing in the Blockchain Ecosystem Introduction When investors hear the term Blockchain, most probably think of cryptocurrencies (which are digital currencies, operated independently from a central bank), with Bitcoin being the most well-known.

More information

Boon Coin Terms and Conditions

Boon Coin Terms and Conditions Boon Coin Terms and Conditions Please read carefully these Terms and Conditions (hereinafter the "Terms") before using a website "www.boon.vc" (hereinafter the "Website"), as they affect your obligations

More information

Accounting for crypto assets mining and validation issues

Accounting for crypto assets mining and validation issues Accounting Tax Global IFRS Viewpoint Accounting for crypto assets mining and validation issues What s the issue? Currently, IFRS does not provide specific guidance on accounting for crypto assets. This

More information

BLOCKCHAIN EVOLUTION. The shifting perception of blockchain and the potential impact on businesses, governments and the investment landscape.

BLOCKCHAIN EVOLUTION. The shifting perception of blockchain and the potential impact on businesses, governments and the investment landscape. The shifting perception of blockchain and the potential impact on businesses, governments and the investment landscape. Introduction The following commentary is intended to provide a brief introduction

More information

Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting) Volume 28, Number 4, July 2018

Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting) Volume 28, Number 4, July 2018 Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting) Volume 28, Number 4, July 2018 SHOP TALK Blockchain & Cryptocurrency Two Roads Converge By JUSTIN E. HOBSON JUSTIN E. HOBSON

More information

Blockchain: from electronic cash to redefining trust

Blockchain: from electronic cash to redefining trust Blockchain: from electronic cash to redefining trust Gabriel Aleixo researcher ITS Rio BLOCKCHAIN TECHNOLOGY Provides a new way for transferring and storing data in multiple aspects, without relying on

More information

The Time is now EPOS. Everything is Possible A new era has started. Don t pass it. It s your chance to make a change!

The Time is now EPOS. Everything is Possible A new era has started. Don t pass it. It s your chance to make a change! The Time is now EPOS Everything is Possible A new era has started. Don t pass it. It s your chance to make a change! Blockchain technology will revolutionize payments and much more. So look for a way how

More information

Private Wealth Management. Understanding Blockchain as a Potential Disruptor

Private Wealth Management. Understanding Blockchain as a Potential Disruptor Private Wealth Management Understanding Blockchain as a Potential Disruptor 2 Blockchain and Cryptocurrency The interest in blockchain stems from the idea that its development is comparable to the early

More information

Agrello Token Terms and Conditions

Agrello Token Terms and Conditions Agrello Token Terms and Conditions 1 The following Terms and Conditions ( Terms ) govern the initial sale of cryptographic tokens Delta Tokens ( DLT ) that are required to transact on the Agrello open

More information

Index. 01. Introduction Major Services provided by BlockOBee Why BlockOBee? BlockOBee for Crypto Entrepreneurs...

Index. 01. Introduction Major Services provided by BlockOBee Why BlockOBee? BlockOBee for Crypto Entrepreneurs... 1 Index 01. Introduction.... 1 02. Major Services provided by BlockOBee........ 2 2.1 Crypto Development 2.2 Crypto Currency Exchange 2.3 Universal Block Explorer 2.4 Global Crypto Market Capitalisation

More information

White Paper-Diamante NET

White Paper-Diamante NET White Paper- Copyright Notice 2018. All Rights Reserved. This documentation is the sole property of Diamante Blockchain. Diamante Blockchain believes the information in this document or page is accurate

More information

Blockchain Technology: Concepts. Whitepaper 1

Blockchain Technology: Concepts. Whitepaper 1 Whitepaper 1 Introduction Cryptocurrency, the digital currency system that enables global monetary transactions between two parties without the need for a trusted third party financial institution, has

More information

EXECUTIVE SUMMARY MCV-CAP - WHITE PAPER

EXECUTIVE SUMMARY MCV-CAP - WHITE PAPER 1 DISCLAIMER This document (MCV-CAP whitepaper) has been created to provide simple and accessible information about the MCV-CAP project. In particular, it describes and analyzes the basic idea, the business

More information

REFUND POLICY. Table of Contents. Introduction and Purpose. Refunds : Regulations and Procedures. 1. Dissatisfaction With Creative Work

REFUND POLICY. Table of Contents. Introduction and Purpose. Refunds : Regulations and Procedures. 1. Dissatisfaction With Creative Work Table of Contents Introduction and Purpose Refunds : Regulations and Procedures 1. Dissatisfaction With Creative Work 2 3 3 2. Unreasonable Delay in Completion of Assignment/ Delivery of Output: 3. Premature

More information

ASTEROID, Ltd. LEDGER SALES TERMS This offer is not open to residents or domiciliaries of the United States of America

ASTEROID, Ltd. LEDGER SALES TERMS This offer is not open to residents or domiciliaries of the United States of America ASTEROID, Ltd. LEDGER SALES TERMS This offer is not open to residents or domiciliaries of the United States of America Copyright Asteroid, Ltd October 2017 1 The Democratization of Space TERMS AND CONDITIONS

More information

November 2018 Abstract

November 2018 Abstract etxcoin@outlook.com November 2018 Abstract A purely peer-to-peer version of electronic cash scalable and friendly to use would allow online payments to be sent directly from one party to another without

More information

Table of Contents Introduction. 1 What is Bittrado?... 2 Vision. 3 Mission. 4 ICO.. 7 How to start with Bittrado?... 6 How will Bittrado work?...

Table of Contents Introduction. 1 What is Bittrado?... 2 Vision. 3 Mission. 4 ICO.. 7 How to start with Bittrado?... 6 How will Bittrado work?... Table of Contents 1. Introduction. 1 2. What is Bittrado?... 2 3. Vision. 3 4. Mission. 4 5. ICO.. 7 6. How to start with Bittrado?... 6 7. How will Bittrado work?... 5 8. Trading.. 10 9. Lending. 11 10.

More information

Blockchain and Trucking: The Promise and Potential

Blockchain and Trucking: The Promise and Potential Blockchain, sometimes referred to as distributed ledger technology (DLT), has been making a lot of headlines lately in business news. The general public might associate blockchain with Bitcoin. However,

More information

MASTERNET.IO WHITEPAPER WHITEPAPER

MASTERNET.IO WHITEPAPER WHITEPAPER www.masternet.io MASTERNET.IO WHITEPAPER WHITEPAPER Contents 5 Bitcoin and Blockchain 6 Solving the essential problem of every transaction 8 How Blockchain changes our lives 9 Context 10 Problem 12 How

More information

FLASH TOKEN WHITE PAPER

FLASH TOKEN WHITE PAPER FLASH TOKEN WHITE PAPER 2017 Blockchain Technology Cryptocurrency and the Economy Cryptocurrency Market The Flash Company Mining Benefits in Business Company Structure FLASH TOKEN ICO: the Order of Implementation

More information

Terms and Conditions Crypto Essence Coins Distribution Event

Terms and Conditions Crypto Essence Coins Distribution Event Terms and Conditions Crypto Essence Coins Distribution Event Introduction These are the terms and conditions determining rules, rights and obligations related to the distribution event of ERC20 Ethereum

More information

THE BLOCKCHAIN DISRUPTION. INSIGHT REPORT on Blockchain prepared by The Burnie Group

THE BLOCKCHAIN DISRUPTION. INSIGHT REPORT on Blockchain prepared by The Burnie Group THE BLOCKCHAIN DISRUPTION INSIGHT REPORT on Blockchain prepared by The Burnie Group NOVEMBER 2017 BUILDING VALUE Business networks create value. The efficiency of business networks is a function of the

More information

TERMS AND CONDITIONS RELATING TO WEBSITE

TERMS AND CONDITIONS RELATING TO WEBSITE TERMS AND CONDITIONS RELATING TO WEBSITE Acceptance In order to use the website www.publica.io and its content, you must first agree to the following Terms and conditions. You may not use the website if

More information

White Paper. Bizanc Blockchain

White Paper. Bizanc Blockchain White Paper Versão 0.0.1 Bizanc Blockchain 1.0 Summary Bizanc is a decentralized platform for commercialization of digital assets, operating on a Blockchain architecture, allowing trading of cryptocurrencies

More information

DISCIPLINA ICO. Terms & Conditions

DISCIPLINA ICO. Terms & Conditions DISCIPLINA ICO Terms & Conditions The following Terms and Conditions ( Terms ) govern the management of the ICO and the sale of cryptographic DISCIPLINA tokens (hereby referred to as DSCP ). The ICO is

More information

TERMS OF PRE-ICO TOKEN DISTRIBUTION

TERMS OF PRE-ICO TOKEN DISTRIBUTION TERMS OF PRE-ICO TOKEN DISTRIBUTION PLEASE READ THESE TERMS OF TOKEN SALE CAREFULLY. NOTE THAT SECTION 13 CONTAINS A BINDING ARBITRATION CLAUSE AND CLASS ACTION WAIVER, WHICH AFFECT YOUR LEGAL RIGHTS.

More information

THE MOST INNOVATIVE AND LUCRATIVE WAY TO EARN BITCOIN.

THE MOST INNOVATIVE AND LUCRATIVE WAY TO EARN BITCOIN. THE MOST INNOVATIVE AND LUCRATIVE WAY TO EARN BITCOIN Abstract... Our Goal... The Marketplaces Issues... What is Kubic Coin?. What we do?... Why we use Ethereum?... Fast and Smooth Investment System...

More information

A distributed platform Patentico Innovations in the field of Intellectual Property

A distributed platform Patentico Innovations in the field of Intellectual Property A distributed platform Patentico Innovations in the field of Intellectual Property Mission of the company Global performance in the field of intellectual property Ecosystem and decentralized platform Solving

More information

Blockchain made Simple

Blockchain made Simple Blockchain made Simple Rhonda Okamoto, Blockchain & Cryptocurrency Enthusiast rhondaokamoto@gmail.com 609-433-1442 What is Blockchain? When and Where is Blockchain useful? What is the difference between

More information

TRANSCODIUM TNS TOKEN SALE TERMS

TRANSCODIUM TNS TOKEN SALE TERMS TRANSCODIUM TNS TOKEN SALE TERMS Last updated: March 12, 2018 PLEASE READ THESE TOKEN SALE TERMS CAREFULLY. NOTE THAT SECTIONS 14 AND 15 CONTAIN A BINDING ARBITRATION CLAUSE AND REPRESENTATIVE ACTION WAIVER,

More information

Surface Web/Deep Web/Dark Web

Surface Web/Deep Web/Dark Web Cryptocurrency Surface Web/Deep Web/Dark Web How to Get Data? Where Hacking, Cyber Fraud, and Money Laundering Intersect How to Pay? Digital Currency What is Bitcoin? https://youtu.be/aemv9ukpazg Bitcoin

More information

BLOCKCHAIN, CRYPTOCURRENCY & THE LEGAL ENVIRONMENT IN SINGAPORE. 28 November 2017

BLOCKCHAIN, CRYPTOCURRENCY & THE LEGAL ENVIRONMENT IN SINGAPORE. 28 November 2017 BLOCKCHAIN, CRYPTOCURRENCY & THE LEGAL ENVIRONMENT IN SINGAPORE 28 November 2017 I. Introduction In the wake of the recent explosion of the use of blockchain and cryptocurrencies in Singapore, we examine

More information

XNODEFUND WHITEPAPER xnodefund xnodefund

XNODEFUND WHITEPAPER xnodefund xnodefund 0 XNODEFUND WHITEPAPER Gathering of funds for investment in the cryptocurrency that have masternode and Invested in highly ROI of any coins is our main goal 1 Contents 0. Abstract... 2 1. Introduction

More information

Redan. Peer To Peer Crypto Exchange

Redan. Peer To Peer Crypto Exchange Redan Peer To Peer Crypto Exchange What is Redan TOKEN? Redan is a cryptocurrency trading platform, offers a state of the art, highly sophisticated hybrid platform. Unlike most exchanges that offer only

More information

/// BLOCKCHAIN TECHNOLOGY THAT S READY TO ROLL

/// BLOCKCHAIN TECHNOLOGY THAT S READY TO ROLL WHITE PAPER /// BLOCKCHAIN TECHNOLOGY THAT S READY TO ROLL Blockchain is dominating digital transformation conversations within financial services and other sectors seeking to overhaul high-inertia/high-cost

More information

TERMS & CONDITIONS 1. GENERAL

TERMS & CONDITIONS 1. GENERAL TERMS & CONDITIONS This Terms and Conditions (hereinafter referred to as T&C ) apply to the buyer of the BTNT Tokens (hereinafter referred to as BTNT ) and future user of the BitNautic platform as defined

More information

Table of Contents. 1. Real Estate Market Opportunity in Global Real Estate World DLT Tech for Real Estate...2

Table of Contents. 1. Real Estate Market Opportunity in Global Real Estate World DLT Tech for Real Estate...2 ABSTRACT: This whitepaper provides a short description about RESTA s secure platform for overseas real estate investments, the Distributed Ledger Technology(DLT)for banks and real estate entities which

More information

The first blockchain-based digital commodities platform

The first blockchain-based digital commodities platform The first blockchain-based digital commodities platform Singapore has long been a major trading centre for commodities and best-performing financial market in Asia. The commodity market has evolved significantly

More information

Whitepaper First Issue: September 17, 2017 Last Revision Date: February 22, 2018

Whitepaper First Issue: September 17, 2017 Last Revision Date: February 22, 2018 Whitepaper First Issue: September 17, 2017 Last Revision Date: February 22, 2018 Token Distribution Explained & Proposed Blockchain ProjectConcept whitepaper What is Lendera.io Lendera.io is a website

More information

Blockchain in Insurance: An Introduction

Blockchain in Insurance: An Introduction Blockchain in Insurance: An Introduction Asha Vellaikal Head, Marsh Digital Labs asha.vellaikal@marsh.com April, 2018 What Is Blockchain? Blockchain is a distributed ledger technology a ledger maintained

More information

Adverx ICO Terms and Conditions

Adverx ICO Terms and Conditions Adverx ICO Terms and Conditions The following Terms ( Terms ) govern the investment procedure ( Investments collectively, and Investment individually) to Adverx.co (publicly known as Adverx )by Investors

More information

Disclaimer. 2 Disclaimer

Disclaimer. 2 Disclaimer Whitepaper v1.0 Disclaimer THIS WHITEPAPER DOES NOT CONSTITUTE LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU SHOULD ALWAYS CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISER BEFORE

More information

BOS Platform Foundation Donation and BOS Allocation Terms and Explanatory Note

BOS Platform Foundation Donation and BOS Allocation Terms and Explanatory Note BOS Platform Foundation Donation and BOS Allocation Terms and Explanatory Note 1. Principles 1. The following Terms ( Terms ) govern the contribution procedure ( Contributions collectively, and Contribution

More information

WALL STREET COIN. Whitepaper v

WALL STREET COIN. Whitepaper v WALL STREET COIN Whitepaper v 1 WALL STREET COIN 2 4. Abstract 5. The Wall Street Coin Ecosystem 6. Mission Statement 7. Wall Street Coin Business Model Wall Street Coin Whitepaper Content 8. Markets 10.

More information

CLEAR MEMBERSHIP TERMS AND CONDITIONS

CLEAR MEMBERSHIP TERMS AND CONDITIONS CLEAR MEMBERSHIP TERMS AND CONDITIONS By clicking the I AGREE button that follows these Terms and Conditions, or otherwise enrolling in any of the programs offered by Alclear, LLC or its affiliates ( CLEAR

More information

200,000 Virtual Shares. Crypto Financial. V i r t u a l Stock

200,000 Virtual Shares. Crypto Financial. V i r t u a l Stock PROSPECTUS 200,000 Virtual Shares Crypto Financial V i r t u a l Stock Full Disclosure: Whilst all reasonable care has been taken to ensure that the information contained in this document is up to date

More information

OFNOG TOKENS SALE AGREEMENT TERMS OF SALE

OFNOG TOKENS SALE AGREEMENT TERMS OF SALE Last updated: April 4, 2018 OFNOG TOKENS SALE AGREEMENT TERMS OF SALE IF YOU ARE A CITIZEN OR OTHER REPRESENTATIVE OF ANY JURISDICTION WHERE THE ISSUE OF THE TOKENS WILL BE ILLEGAL OR SUBJECT TO ANY REQUIREMENT

More information

Introduction. Meet ETHBITS

Introduction. Meet ETHBITS Introduction Cryptocurrency, specifically Blockchain, has been proven to be a groundbreaking technology in society today, yet it is still in the early stages of adoption. Consequently, many new cryptocurrency

More information

In the future, many kinds of cryptocurrencies will be born, and service competition will increase.

In the future, many kinds of cryptocurrencies will be born, and service competition will increase. A financial revolution will be triggered by the birth of Blockchain! When people began to say this, most people did not attempt to listen to it. Several years have passed since then, and only some people

More information

Hive Project Whitepaper

Hive Project Whitepaper Hive Project Whitepaper May 2017 Abstract With the emergence of blockchain technology and smart contracts, businesses no longer have to rely on centralized intermediaries when making transactions or obtaining

More information

CONTENTS DISCLAIMER... 3 EXECUTIVE SUMMARY... 4 INTRO... 4 ICECHAIN... 5 ICE CHAIN TECH... 5 ICE CHAIN POSITIONING... 6 SHARDING... 7 SCALABILITY...

CONTENTS DISCLAIMER... 3 EXECUTIVE SUMMARY... 4 INTRO... 4 ICECHAIN... 5 ICE CHAIN TECH... 5 ICE CHAIN POSITIONING... 6 SHARDING... 7 SCALABILITY... CONTENTS DISCLAIMER... 3 EXECUTIVE SUMMARY... 4 INTRO... 4 ICECHAIN... 5 ICE CHAIN TECH... 5 ICE CHAIN POSITIONING... 6 SHARDING... 7 SCALABILITY... 7 DECENTRALIZATION... 8 SECURITY FEATURES... 8 CROSS

More information

TERMS AND CONDITIONS Contribution to PRIVATE PLACEMENT and MICROSHARE token allocation.

TERMS AND CONDITIONS Contribution to PRIVATE PLACEMENT and MICROSHARE token allocation. TERMS AND CONDITIONS Contribution to PRIVATE PLACEMENT and MICROSHARE token allocation. 1. Introduction 1.1 These terms and conditions (the T&Cs ) govern the basis on which you, ( you or the Contributor

More information

EVERYTHING YOU NEED TO KNOW ABOUT DIGITAL LEDGER TECHNOLOGY, THE BLOCKCHAIN AND CRYPTOCURRENCIESÓ (Part I June 2018)

EVERYTHING YOU NEED TO KNOW ABOUT DIGITAL LEDGER TECHNOLOGY, THE BLOCKCHAIN AND CRYPTOCURRENCIESÓ (Part I June 2018) EVERYTHING YOU NEED TO KNOW ABOUT DIGITAL LEDGER TECHNOLOGY, THE BLOCKCHAIN AND CRYPTOCURRENCIESÓ (Part I June 2018) Robert C. Brighton, Jr. Brighton Legal Solutions P.A. rcbrightonbizlaw@gmail.com This

More information

Blockchain and the Maritime Industry

Blockchain and the Maritime Industry MARCH 2018 Blockchain and the Maritime Industry An introduction We will look at A review of the current transactional ecosystem The blockchain concept Smart contracts Q&A Current Shipping Transactional

More information

Polaris (XPR) Dividend Paying Mining Farm on the Blockchain

Polaris (XPR) Dividend Paying Mining Farm on the Blockchain Polaris (XPR) Dividend Paying Mining Farm on the Blockchain 1 Abstract: The Polaris Token (XPR) is a representation of a share in the Polaris mining farm. Powerhouse Network, the parent company, has already

More information

The Abjcoin white paper Nigeria s blockchain solution for global payment

The Abjcoin white paper Nigeria s blockchain solution for global payment 1 ABJ COIN THE FIRST NIGERIAN BLOCKCHAIN SOLUTION FOR GLOBAL PAYMENT WHITE PAPER LAST UPDATED 7/09/2017. 2 ABSTRACT Welcome to the white paper contract of Nigeria s first cryptocurrency, this contract

More information

Tezos Contribution and XTZ Allocation Terms and Explanatory Notes. 1. Principles

Tezos Contribution and XTZ Allocation Terms and Explanatory Notes. 1. Principles Tezos Contribution and XTZ Allocation Terms and Explanatory Notes 1. Principles 1. The following Terms ( Terms ) govern the contribution procedure ( Contributions collectively, and Contribution individually)

More information

White Paper Of ExchangeCoin. Blockchain-Based Exchange Platform VER. 1.1

White Paper Of ExchangeCoin. Blockchain-Based Exchange Platform VER. 1.1 White Paper Of ExchangeCoin Blockchain-Based Exchange Platform VER. 1.1 Table of content Abstract 3 About ExchangeCoin 4 Why choose ExchangeCoin 7 Technical parameters 8 ExchangeCoin allocation 9 Roadmap

More information

KILONOVA BLOCKCHAIN PLATFORM AND CRYPTOBANK KILONOVACOIN WHITEPAPER

KILONOVA BLOCKCHAIN PLATFORM AND CRYPTOBANK KILONOVACOIN WHITEPAPER KILONOVA BLOCKCHAIN PLATFORM AND CRYPTOBANK KILONOVACOIN WHITEPAPER 1 CONTENT: 1. WHAT IS THE KILONOVACOIN PLATFORM? WHAT IS KILONOVA CRYPTOCURRENCY? 1.1. INTRODUCTION 1.2. UNIQUE GOLD-BACKED CRYPTOCURRENCY,

More information

FOLLOW COIN 1. Tokensale Terms

FOLLOW COIN 1. Tokensale Terms FOLLOW COIN 1 Tokensale Terms October 11, 2017 These Tokensale Terms ( Terms ) that may be amended from time to time are made by and between you ( you ) and Followcoin B.V., a limited liability company

More information

Business Plan ICO Consultancy

Business Plan ICO Consultancy Business Plan ICO Consultancy By Shariq Hashmi CO-FOUNDER & PROJECT LEAD zuflo.io ZFL Exchange zuflo coin (ZFL) Copyright 2018 zuflo.io What is zuflo coin (ZFL) ZFL is a utility token that enables frictionless

More information

CRYPTOCOIN INSURANCE

CRYPTOCOIN INSURANCE CRYPTOCOIN INSURANCE The first option exchange with the possibility of insuring deposits against fall Large and entirely free market that has no technical solution yet. We provide your efficiency for the

More information

Terms Of Service and End User License Agreement

Terms Of Service and End User License Agreement Terms Of Service and End User License Agreement Karaoke Cloud Pro Music Service from Provider, LLC This is a legal agreement between you and DigiTrax Extertainment, LLC, including any and /all of its authorized

More information

Main Street Bank EXTERNAL FUNDS TRANSFER AGREEMENT

Main Street Bank EXTERNAL FUNDS TRANSFER AGREEMENT Main Street Bank EXTERNAL FUNDS TRANSFER AGREEMENT ACCEPTANCE OF TERMS This Agreement sets out the terms and conditions (Terms) upon which Main Street Bank (Bank) will provide the ability to perform external

More information

Blockchain: The New Line of Defense

Blockchain: The New Line of Defense Blockchain: The New Line of Defense Who Am I Your Presenter & Advisory in This Domain q Cybersecurity Solutions Architect for Enterprise & National Level Projects for Kaspersky Lab Middle East, Turkey

More information

Symmetry FUND. Whitepaper October 2017

Symmetry FUND. Whitepaper October 2017 Symmetry FUND Whitepaper October 2017 www.symmetry.fund www.symmetry.fund 1 Introduction Cryptocurrencies like Bitcoin, Ethereum, Ripple, Dash and Litecoin are disrupting how currencies are distributed

More information

NEOGOLD whitepaper NEOGOLD NEOGOLD

NEOGOLD whitepaper NEOGOLD NEOGOLD whitepaper ABSTRACT Thank you for taking your time to read this whitepaper for the Neo-Gold project. The information herein was simplified to make it understandable for both experts and novice in the cryptocurrency

More information

TOKEN SALE AGREEMENT

TOKEN SALE AGREEMENT TOKEN SALE AGREEMENT PLEASE READ THESE COIN PURCHASE AGREEMENT VERY CAREFULLY. THIS COIN PURCHASE AGREEMENT ALSO SETS FORTH COIN PURCHASE TERMS AND CONDITIONS. This Coin Purchase Agreement (the Agreement

More information

Index. 6. Road map. 1. Abstract. 7. Initial Coin Offering ( ICO ) ICO Process Distribution Coingrid Token ( CGT ) Use of Ethereum Brokerage Platform

Index. 6. Road map. 1. Abstract. 7. Initial Coin Offering ( ICO ) ICO Process Distribution Coingrid Token ( CGT ) Use of Ethereum Brokerage Platform Whitepaper v1.25 Index 1. Abstract 6. Road map 2. What is Cryptocurrency? 3. Team Advisors 4. Why Coingrid? User Interface Real Time Conversion 7. Initial Coin Offering ( ICO ) ICO Process Distribution

More information

Komodo Secured Bond KSB

Komodo Secured Bond KSB Komodo Secured Bond KSB Ø Crypto Union December 10, 2018 Abstract Komodo Secured Bond (KSB) is a secured and asset-backed token that answers the need to access capital via loans and to safely store value

More information

CENTURYLINK ELECTRONIC AND ONLINE PAYMENT TERMS AND CONDITIONS

CENTURYLINK ELECTRONIC AND ONLINE PAYMENT TERMS AND CONDITIONS CENTURYLINK ELECTRONIC AND ONLINE PAYMENT TERMS AND CONDITIONS Effective June 1, 2014 The following terms and conditions apply to electronic and online delivery and presentation of your invoices by CenturyLink

More information

TECHNICAL WHITEPAPER. Your Commercial Real Estate Business on the Blockchain. realestatedoc.io

TECHNICAL WHITEPAPER. Your Commercial Real Estate Business on the Blockchain. realestatedoc.io TECHNICAL WHITEPAPER Your Commercial Real Estate Business on the Blockchain realestatedoc.io IMPORTANT: YOU MUST READ THE FOLLOWING DISCLAIMER IN FULL BEFORE CONTINUING The Token Generation Event ( TGE

More information

LEVERAGE. Whitepaper v1.0.5 (April 2018)

LEVERAGE.  Whitepaper v1.0.5 (April 2018) LEVERAGE Whitepaper v1.0.5 (April 2018) ht- tps://- bitcoinhttp://twitter.com/leveragetoken http://bitcointalk.org/index.php?topic=2949207 What is Leverage? Leverage ( in Korean, in Chinese, LVP for short)

More information

External Account Transfer Agreement July 16, 2014

External Account Transfer Agreement July 16, 2014 External Account Transfer Agreement July 16, 2014 Welcome to Altra Federal Credit Union s External Accounts Transfer Service. With this Service, you may transfer funds from your Credit Union account(s)

More information

Tokenize it! Creation and exchange of digital assets WHITE PAPER

Tokenize it! Creation and exchange of digital assets WHITE PAPER Tokenize it! Creation and exchange of digital assets WHITE PAPER 1 2 WHITE PAPER WHITE PAPER White Paper Version 0.3 March 23, 2018 ABSTRACT This document describes a platform that applies the Ethereum

More information

Fintech & Blockchain demystified

Fintech & Blockchain demystified Fintech & Blockchain demystified What is it, why, when and its effect Ir Olivier Rikken MBA Scharloo, Curaçao, 28 June 2018 Improving performance, managing risk. Curriculum vitae Olivier Rikken Education:

More information

RENTBERRY TOKEN SALE TERMS & CONDITIONS

RENTBERRY TOKEN SALE TERMS & CONDITIONS RENTBERRY TOKEN SALE TERMS & CONDITIONS Last Updated: February 7th 2018 PLEASE READ THESE TERMS OF SALE CAREFULLY. BY ATTEMPTING TO PURCHASE OR PURCHASING BERRY TOKENS, YOU AGREE TO BE LEGALLY BOUND BY

More information

Crypto & Forex. Three-Way concept for a profitable future! Whitepaper 1.0

Crypto & Forex. Three-Way concept for a profitable future! Whitepaper 1.0 Crypto & Forex Three-Way concept for a profitable future! Whitepaper 1.0 2 Corexcoin Table of Contents 1. Story of Corex 3 2. About Corex 3 3. Why should I invest? 4 4. Vision 4 5. CorexCoin 5 6. Roadmap

More information

Blockchain: An introduction and use-cases June 12 th, 2018

Blockchain: An introduction and use-cases June 12 th, 2018 Blockchain: An introduction and use-cases June 12 th, 2018 Agenda What we will cover today An introduction to Blockchain Blockchain for CFO Proof-of-Concepts Round up 2018 Deloitte Belgium Blockchain:

More information

IOV: a Blockchain Communication System

IOV: a Blockchain Communication System IOV: a Blockchain Communication System December 2017 - February 2018 Antoine Herzog a, Serge Karim Ganem b, Isabella Dell c, and Florin Dzeladini d a antoine@iov.one; b karim@iov.one; c isabella@iov.one;

More information

TURBOTRADECOIN. TurboTradeCoin WhitePaper. The Next Generation Cryptocurrency AI Trading Platform

TURBOTRADECOIN. TurboTradeCoin WhitePaper. The Next Generation Cryptocurrency AI Trading Platform TURBOTRADECOIN A highly profitable; robust and resilient business model validated in a real world application meets blockchain technology in TURBOTRADECOIN. TurboTrade allows our investors to take advantage

More information

Polaris (XPR) Dividend Paying Mining Farm on the Blockchain

Polaris (XPR) Dividend Paying Mining Farm on the Blockchain Polaris (XPR) Dividend Paying Mining Farm on the Blockchain 1 Abstract: The Polaris Token (XPR) is a representation of a share in the Polaris mining farm. Powerhouse Network, the parent company, has already

More information

ABOUT PriorityEx PriorityEx

ABOUT PriorityEx PriorityEx ABOUT PriorityEx is the rst cryptocurrency trading exchange that prioritizes customer s rst approach. We provide spot trading, margin trading, investment box, multi-currency wallet with debit card, P2P

More information