Oliver Naegele Founder & CEO 1

Agenda Workshop Blockchain - Definition & Technology - Usecases - ICO - Digital Identity Source: Wikipedia 2

Definition Blockchain Is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Source: Wikipedia 3

Bitcoin vs. Blockchain Bitcoin Crypto-currency 2008 invented by Satoshi Nakamoto Blockchain Technology of a tamperproof decentralized journals based on a P2P network Facts 1 Bitcoin = 6000 Dollar 144.61 GB Size 10353 Nodes > 7 min. Time Between Blocks Conclusion: Bitcoin <> Blockchain Facts Every node has a copy of the current blockchain 4 PLUSPRO 4

Bitcoin network 5

Blockchain consists of 6

Blockchain - Terminology Distributed Network Blocks Ledger Transactions PLUSPRO 7 7

Blockchain - Terminology- Distributed Network P2P network Nodes synchronize No need for backups No downtime Insensitive for DDOS attacks Distributed Network 8 PLUSPRO Bildquelle: Presentation Quantoz Henri de Jong 8

Blockchain - Terminology - Blocks Link to previous block Timestamp Transactions Getting added to the blockchain by the miners (solving a math puzzle) Blocks 9 9 PLUSPRO Bildquelle: Presentation Quantoz Henri de Jong

Blockchain - Terminology - Ledger Ledger An immutable and irreversible transaction database shared by all nodes Linked list of blocks 10 10 PLUSPRO Bildquelle: Presentation Quantoz Henri de Jong

Blockchain - Terminology - Transactions Content of blocks Based on public key cryptography: Information signed with a private key can be verified with the public key (and reverse) Transactions 11 PLUSPRO Bildquelle: TechEU-Website 11

= Deep Backend 12 Source: http://kevinkauzlaric.com/

WHY Blockchain? 13

BLOCKCHAIN USE CASES 14 Source: LTP

USE CASES Financial Instruments, Records and Models Public Records Private Records Other Semi-Public Records Physical Asset Keys Intangibles (Coupons, Vouchers & Tickets) Other 15

ICO Initial Coin Offering 23 Source: Chipin

24 Source: http://www.icohub.org/

25 Source: LTP https://blockchainhub.net

10 commandments of Digital Identities 26

WHY Blockchain? 27

LESSONS LEARNED? 29

BLOCKCHAIN INTRODUCTION IN FINANCIAL MARKETS 5 INTER INDUSTRY INTERMEDIARIS Clearing Network International Transfers RESULTS Resolution of traditional systems through Blockchain Technology 4 BACKEND PROCESSES IT & Business Processes need to be adopted and renewed. 1 CONSUMER Mortages Money Transfer Wallets Digital Identities 2 B2B SERVICES Insurance Payment Escrow Trusts 3 TRADE & CAPITAL MARKET Clearing & Settlement Stock Trade Sindicated Loans 30

10 COMMANDMENTS OF DIGITAL IDENTITIES 31

DIGITAL IDENTITY FOR A WORLDWIDE TRUST NETWORK 32

CROSS INDUSTRY SOLUTION 33

#expensive #inefficient #time consuming #bureaucratic USE CASE #1 KNOW YOUR CLIENT KYC Costs Other Costs 34

KYC PHASES 35

KYC OPERATING COSTS: HEADCOUNT BURDEN The activities that require most of the resources are onboarding, the first due to the fact that the data are usually scrutinized by analysts. The second because the suspicious transactions (estimated as from 2% to 5%) need to be manually checked. NOW POST BLOCKCHAIN ~$ 10bn in AML Expenses ~$2.5bn savings 36 Source: Goldman Sachs, Company Estimates

KYC IS EXPENSIVE US$18 billion costs Savings US$ 8bn and fines in 2014 10% to 40% savings 25% savings 37

If the information is up to date, the participant don t have to check it again Participants act as trust providers TRUST PROVIDER NETWORK Data management egov Other service providers Logos and symbols are for demonstration use only 40

1 Sharing ADDING VALUE TO THE PROCESS Workforce 2 Standardization 3 Data Quality 41

Handelsbank AG wants to have access to the following information: Full Name, Date of Birth, Home Address, Phone Number, Mobile Number, Email Address. Do you comply with it? 46

INTEROPERABILITY WITH OTHER BLOCKCHAINS 52

SCALABILITY 53

USP BLOCKCHAIN HELIX Compliant, GDPR Self determination Shared Workforce Data Quality Trust Provider Network Privacy & Security 54

ACHIEVEMENTS & CHALLENGES GDPR Compliance & High Availability & Data Protection P2P data storage structure associated with cloud services allow high availability and is also GDPR compliant with data protection Alpha Version Trust Provider SDK White Labelling integration for Consortia Partners and Video Ident Provider Scalability Network Effect The broad use of the platform will require high availability at high speed Cost savings and data quality improvement will require broad adoption of the platform Alpha Version End User Portal Identity Platform enabled on Cloud Foundery with Blockchain Backend Standards Not only blockchain standards but also messaging and data structure standards may require extra attention 55

ROADMAP Alpha Version Trust Taker SDK Alpha Version Mobile App KYC Running and implementation of new tools Nov. 17 Dec.17 Feb. 18 Mar. 18 Apr. 2018 2020 Beta Version End-User Portal B2B Solution for multinational Treasury Geographic Expansion 56

Oliver Naegele Founder & CEO Münchener Straße 45 60329 Frankfurt +49 69 7158994-0 CONTACT US oliver@blockchain-helix.com BlockchainHelix Blockchain-helix-ag 57

CORE TEAM MEMBERS CEO Oliver Oliver has been working as an IT specialist, consultant in the fields of IT security, enterprise Java portals, social media, intranet/extranet, IT infrastructure, databases and virtualization. He is also the founder of FinTech Headquarter, a community booster for the FinTech ecosystem and Blockchain LABs. LEGAL Dang Dang is a lawyer specialized in financial markets with an emphasis on structured products and derivatives. He focuses on the regulation of technology innovations which by altering the process of payment services might stimulate the reorganisation of the financial markets. CONSULTANT Sam Sam is an expert for digital products, services and team building. Additionally he has a deep understanding and experience of all things communication, that he used for his own clients like HANSA-FLEX and later as a corporate bunny for clients like Samsung or Deutsche Bank. CTO Lothar Lothar has already worked in many projects regarding IT for institutions like Federal Republic of Germany, Mini and BMW. As a docker specialist, blockchain enthusiast and fullstack developer, Lothar has been able to understand all aspects of the technology, proposing better approaches for the challenges we face. INFORMATION ARCHITECT Ali-Pasha Ali Pasha is software developer for enterprise systems and a senior web developer. He is also a consultant for internet technologies. Since the 90s Ali Pasha has worked for corporations as well as in the startup scene. Starting 2006 he consults corporations in web issues and startups in how to successfully develop their visions by adding focus and structure. He brings with him a long experience in MARKETING Sandra Sandra is our very experienced marketing manager and has worked in marketing for many years before joining Blockchain HELIX, her love being people, online and community management. Therefore it is Sandras achievement, that the FinTech Headquarter community is so strong and vibrant. She leads 58 our communication and marketing efforts.

BUSINESS MODEL End users and participants will be charged in many different ways REQUEST REGISTER ENFORCEMENT TRANSACTIONS 2 Based on Contract Size Based on Processing Power Needed Based on Transaction Value Trust Takers pay to take information This is the value charged by the use of the platform Trust Takers will also pay the Trust Providers based on the quality and type of information Feature to be added with the further development of the platform Each contract registered will be charged by a small amount Feature to be added with the further development of the platform Each time the contract is enforced small amounts will be charged to pay the use of the platform Feature to be added with the further development of the platform When involving currencies, a percentage of the value transacted will be charged to pay the use of the platform Competitor charge 5 per request at a total of 140.000.000 requests per year 59