Corporate Presentation. (April 2018) TSXV: BTL

Transcription

1 TM Corporate Presentation (April 2018) TSXV: BTL TM

2 Forward Looking Statement This presentation (the Presentation ) and its contents are the property of BTL Group Ltd. ( BTL or the Company ). The recipient agrees that neither it nor its agents, representatives, directors or employees will copy, reproduce, or distribute this Presentation, in whole or in part. The recipient agrees not to disclose the contents of this Presentation to any other party. Certain statements in this Presentation are forward-looking statements, which include information related financing, development of certain blockchain related technologies and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as may, expect, estimate, anticipate, intend, believe and continue or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BTL. The Company assumes no obligation to update forward looking statements should circumstances or management s estimates, intentions or opinions change. This Presentation does not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to purchase or subscribe for any securities of the Company nor shall they or any part of them form the basis of or be relied upon in connection therewith or act as any inducement to enter into any contract or commitment with respect to such securities. The information contained herein was not prepared in connection with an offering of securities and in no way constitutes an offering memorandum for the purposes of applicable securities law. Further, this Presentation is for informational purposes only and must not be used or relied upon for the purpose of making any investment decision or engaging in any investment activity. Neither BTL, nor any of their directors, officers, employees, agents or advisors make any representation or warranty in respect of the contents of this Presentation or otherwise in relation to BTL or their respective businesses. In particular, no representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information or opinions contained herein, which have not been independently verified. No person shall have any right of action (except in case of fraud) against BTL or any other person in relation to the accuracy or completeness of the information contained in this Presentation. The information contained in this Presentation is provided as at the date hereof and is subject to amendment, revision and updating in any way without notice or liability to any party. Certain information contained herein has been prepared by third-party sources. The information provided herein has not been independently audited or verified, by BTL. BTL has used its reasonable best efforts to ensure the accuracy and completeness of the information presented.

3 Who is BTL? BTL is the creator of the next generation blockchain platform, Interbit, a token free, private, scalable and easy to use blockchain platform. With Interbit you can quickly and easily build applications that keep you data private and secure.

4 Note from the CEO While others compete for time in the spotlight, we have been busy building something truly game changing. As a company BTL has come a long way in the last two and a half years, from becoming a publicly traded company to delivering some of the highest profile blockchain pilots in the industry. Throughout this, we have been building a company, one with a highly qualified and experienced team who are driven to support both what we build and our partners, as we grow the Interbit blockchain ecosystem. Our platform, Interbit, is 100% new code and is a next generation blockchain application platform that will meet the growing needs of our enterprise partners. Our patent pending chain joining technology will support multi-chain architectures that scale horizontally supporting 1000 s of transactions/sec per chain and provide true privacy by allowing sensitive data to be secured in separate chains. We know that blockchain technology is an important tool for developers who need to build distributed, resilient, transformational applications. We intend to provide this tool in a manner that empowers and supports enterprise application developers to implement blockchain for the right reasons. Together, we believe that we can create a new generation of applications that deliver the best of what blockchain has to offer at enterprise scale. While others compete for time in the spotlight, we have been busy building something truly game changing. Dominic McCann, CEO

5 Financial Details Introduction to BTL and Interbit Stock Code Canada TSXV:BTL Shares Out 23,623,766 Market Cap CAD $182M Share Price CAD $7.73 Equity Raised CAD $21.8m Debt $0 Employees 30 Offices Vancouver, Canada Calgary, Canada London, United Kingdom BTL has built and is patenting Interbit, a private permissioned blockchain platform designed to transform enterprises by streamlining IT processes, leading to reduced costs and risks. As of: Apr 22, 2018

6 The Opportunity Research findings point to a significant opportunity for first movers in blockchain technology: The World Economic Forum expects blockchain technology to account for 10% or global GDP by PWC believes blockchain could present a $5B-$10B cost-saving opportunity for reinsurance.2 Worldwide spending on blockchain solutions is forecast to reach $2.1 billion in and total spending of $9.2 billion in % potential cost savings on central finance reporting & 50% across business operations.4 15% of other public sector institutions plan to deploy DLT-based applications this year, and another 23% plan to do so within the next two years.5 100% of those exploring blockchain expect the technology to support their enterprises.6 There are uses for blockchain that could give us a competitive advantage, said David Eyton, head of technology for BP. Blockchain can be much more efficient in terms of speed and verification of transactions. rd Financial Times, 3 October 2017 Still, while some see Devcon3 as a showcase of where ethereum is going, others see it as a showcase of the platform's current limitations Scalability is one of the biggest hurdles CoinDesk, 17th October 2017 The Ethereum network itself is brittle, with constant innovation in both the tools, the languages for writing smart contracts, the testing frameworks, and the very structure of the Ethereum system. Medium, 25th January World Economic Forum PWC 3 International Data Corporation (IDC) 4 Accenture / McLagan report Banking on Blockchain 5 University of Cambridge 6 IBM Report 2 Blockchain...is being explored and developed by institutions across the world and across sectors to see how it can be used to help make things easier and better for the end user. FT Adviser, 15th February 2018

7 3 year Timeline VISA Interbank Settlement Interbit Alpha 2015 Patent Filing European Energy Pilot 2016 OneOffice Kick-off Interbit Beta SDK Partner Release BTL Listed on TSXV Many chain Architecture Investment Rounds Interbit Public Release $655K $3m $15.4m Third Party Security Audit

8 The Evolution of Computing Legacy Computing Blockchain Cloud Interbit Speed Speed Speed Speed Scalability Scalability Scalability Scalability Minimal IT Minimal IT Minimal IT Minimal IT Reduced Development Costs Reduced Development Costs Reduced Development Costs Reduced Development Costs

9 Competitive Advantage Interbit Many lightweight and joined blockchains give Interbit the advantage. Speed Scalability Interbit solves the speed problem for blockchain by using many lightweight blockchains instead of just one. Interbit solutions are orders of magnitude faster than single-chain solutions. An Interbit powered application scales by segregating responsibilities across many chains. We ve designed solutions that have more than 40,000 blockchains in a single application! Privacy Privacy on Interbit is absolute because each Interbit chain is a separate privacy domain and each chain has full control over what is shared. Productivity Interbit saves development time. The applications we've built on Interbit have had between 50% and 80% fewer lines of code than writing the same application on legacy infrastructure.

10 Interbit Roadmap What are our major goals? Q Interbit public MVP Security Audit Begins Featuring chain joining, Interbit s way to securely share data between chains. Identity application that allows users to own their own identity Hosting Configurable Application hosting The Interbit Store Application Marketplace BFT Byzantine Fault Tolerance Q Marketplace Payment Processing/Billing supported Q Mobile Platform expansion All roadmap milestones are estimated and subject to change

11 Interbit Expansion With our first public milestone, we will be sharing Interbit Core and Interbit Platform with the world. These power the development and deployment of applications which will foster the growth of the Interbit ecosystem. Core is the blockchain engine that powers applications. Our core was built from the ground up, is lightweight enough to run in a browser, and powerful enough to run highly demanding enterprise systems, such as global financial settlement platforms. Ecosystem is our community and the network of applications that they build. Connecting applications with Interbit is easy and so applications can support one another and share services and data with one another. The Interbit ecosystem is a new kind of Internet. Platform is a set of services and components common to applications. Identity management, payment processing, account management, among others. The Interbit platform supports all apps running on Interbit.

12 Interbit for Energy: OneOffice May 2017, BTL piloted Interbit in a first-of-its-kind energy trade confirmations platform with three European energy companies. In December 2017 the we commenced Phase 2 of the project with more participants. Phase 2 Phase 1 Completed Absolute Network Privacy Scaling Potential (to 100s of Counterparties) Cost Savings >30% In Progress New super majors and energy traders join group to bring size to 9 members A New Standard for Energy Trading

13 2018 is the year blockchain is commercialized Blockchain technology continues to struggle with scalability, privacy, ease of use, and enterprise adoption. Interbit was built to solve these Scalable Private Secure Interbit is a private, permissioned, scalable, easy to use enterprise blockchain platform. It enables you to build better applications, faster.

14 Going to Market Where? How? $200 Billion Blockchain Market Strategic Accounts Software Development Vendors Direct Industry Sales Community Development Partner Ecosystem Outcomes - To set the standard for application development Exponential growth Reinvestment in our technology In a 2016 global IT budget study, Gartner reported a total worldwide IT spend of $2.69 trillion, citing increasing efficiency and business process productivity through technology as the number 1 and 2 priorities respectively. - Source: CBInsights

15 Who We Are Dominic McCann CEO & Director Tom Thompson CTO Brian Hinchcliffe Director & Executive Chairman Stella Hall Head of Marketing John Thomson Director Scott Maxwell COO Guy Halford-Thompson Director Rob Suttie CFO

16 Notes from Management After trying to get enterprise scalability and privacy using Ethereum I realized that we had to start from scratch. We've designed an entirely new blockchain technology that natively supports thousands of lightweight chains that inherently delivers privacy and scalability. All this using well established and proven tools and programming languages. There is absolutely no one else doing blockchain the way we are. I passionately believe in the transformational potential of blockchain technology. BTL has correctly identified and solved for the privacy and scalability challenges through the innovative design and architecture of Interbit which I directly experienced during the Interbank Settlement pilot. The team is focused on excellence, meeting and exceeding client expectations, along with building a compelling vision for the future. - Tom Thompson, CTO (Creator of Interbit) - Jon Downing, Advisory Board