blockchain base payment platform world bridge - wbg … · 2019. 11. 11. · wbg is a platform that...
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For Official Use Only
White Paper ver 1.0
BLOCKCHAIN BASE PAYMENT PLATFORM
WORLD BRIDGE
Last Update 2019.11.04
WORLD BRIDGE PTE.LTD.
For Official Use Only
2White Paper Ver. 1.0 | https://worldbridgecoin.io
All about Payment For Cryptocurrency「」
For Official Use Only
3White Paper Ver. 1.0 | https://worldbridgecoin.io
Table of content
01 Abstract
02 Background
03 Mission
04 BridgeChain Protocol
05 BridgeChain Platform
06 BridgeChain Hybrid Wallet
07 AD Keyboard Solution
08 BridgeChain Terminal
09 BridgeChain Payment Process
10 Applied Technology
11 Business Model
12 Token Economy
13 Token Summary
14 Roadmap
15 Partner
16 Contact US
※ Legal Disclaimers
For Official Use Only
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01. Abstract
With the advent of blockchain technology, mind-boggling changes in the existing
centralized service platforms have begun in various areas, across countries and
industries. Now, the public is starting to recognize that blockchain technology is
the leading technology in the 4th industry with economic value. As a result,
various countries and companies around the world are attempts to converge
existing industries and blockchain.
Blockchain technology is attracting attention as a distributed ledger technology
that allows all participants to jointly verify, record, and store transaction
information on the network and record & manage distributed information in
blocks over the P2P network, whether or not there is a trusted authority for
recording and managing all transactions. With this technology, participants are
creating new ecosystems by proving the service models created by each
company.
BridgeChain platform is a decentralized payment integration platform based on
blockchain technology. It will create a financial ecosystem that beyond nations
and currencies, and will bring innovative change to the global payment market.
BridgeChain will issue WBG (Worldbridge coin), a cryptocurrency that will be
used on the platform, and build an ecosystem on the platform. Participants who
contribute to the platform ecosystem can be rewarded with the WBG depending
on their contributions, and WBG can be used as a methods of payment for
various services including the purchase of goods from entities linked with the
BridgeChain.
WBG is a platform that provides simple & easy online and offline payment
services to financial institutions, payment agencies, operators and consumers.
The WBG team is confident that the WBG platform will transform the payment
system innovatively.
For Official Use Only
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02. Background
Credit card processing fees for domestic online and offline business range from
0.8% to 3.1% and in the case of online business, 0.5 ~ 1.0% of PG (Payment
Gateway) fee is composed separately. However, this credit card fees are putting
a heavy burden on the deteriorating business environment of small, medium and
micro business. Therefore, it is time to introduce a new platform that can benefit
both merchants and consumers by inducing blockchain technology.
※ Credit card processing fee for business is including to the fees for VAN(Value added network)
companies.
『 Structure of Card Processing Fee for On & Off Line Business 』
Offline Business
OnlineBusiness
Under 300 mil. KRW of Annual Sales
300 mil. ~ 500 mil. KRW of Annual Sales
0.8%
1.3%
Card Processing Fee 2.1% + PG Company Fee 1.0%
3.1%
『 Fee Revenue of Card Companies 』 『 Fee Revenue of Electronic Payment』
Yr. 2016
Yr. 2017
Yr. 2018
11 tril.
11.6 tril.
12.2 tril.
Yr. 2016
Yr. 2017
Yr. 2018
1.17 tril.
1.51 tril.
1.72 tril.
Unit: KRW Unit: KRW
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02. Background
In 2025, half of the world's smartphone users are expected to use
cryptocurrency as a methods of easy transfer and easy payment. In addition,
cryptocurrency is expected to be helpful in experiencing fintech services such as
e-commerce on smartphones, considering that around 30 percent of the world's
adults or 1.7 billion people do not have bank accounts.
Moreover, with the help of wireless communication technology development,
people's daily lives are getting closer to the use of mobile devices, and due to
these environmental factors, it is possible to reconstruct the payment platform
connected to the real economy by combining cryptocurrency and wireless
communication technology. If so, it is expected that this platform will increase
the present and future value of cryptocurrencies in the mobile world that is
already deeply ingrained in people's daily lives.
Recently, the mobile payment market size is continuously increasing worldwide.
In 2018, the payment market grew rapidly to 1,085 trillion compared to 2016
(724 trillion), and the mobile payment market is expected to grow at an annual
average rate of 22.3% due to the wireless communication technology development
“In 2025, Half of Smartphone Users Will Pay with Cryptocurrency“<Blockchain Today 2019.10.29>
Rapidly Growing
World Mobile Payment Market
Growing Domestic Mobile Payment Market
2016 2017 2018
724 tril.
910 tril.1,085 tril.
2016 2017 2018
27 tril.
51 tril.
80 tril.
Unit: KRW Unit: KRW
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03. Mission
The Mission of BridgeChain is
• Creating a transparent payment ecosystem that can be easily traded in the
global payment market, and that all participants of the platform are provided
with trustful and reasonable transacting opportunities.
BridgeChain platform provides the following functions to implement the global
payment ecosystem.
- Wallet service for safe storage of individual cryptocurrency assets
- Real-time cryptocurrency payment service
- Cross-border payment service
- Lower payment fees and use online and offline payments through WBG
- Fair reward and allocation of value exchange to various participants
By providing payment platforms to on and offline merchants as well as establishing
alliances with domestic partners, BridgeChain will implement a BridgeChain
ecosystem, and will grow into a global market based on entering the Asian market
in 2020. This initiative will revolutionize the global payment industry and will serve
as a bridge between self-employed business owners and consumers around the
world through WBG, providing a stable payment environment and supporting
mutual growth of platform participants.
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04. BridgeChain Protocol
Bridgechain is an integrated payment platform that connects merchants &
consumers based on blockchain technology. Merchants and consumers are the
most important participants in the BridgeChain Protocol, making it easy and
convenient to pay for goods and services via various payment methods through
BridgeChain.
Key components of BridgeChain protocol are 1) BridgeChain payment data
stores that exist above on the BridgeChain blockchain, 2) Smart Convergence, 3)
BridgeChain Hybrid Wallet APIs that link them to the outside world, and 4)
BridgeChain terminal APIs.
1) Bridgechain payment data storage means a database in the blockchain that
stores payment data between merchants and consumers, 2) BridgeChain Smart
Contract helps to issue and utilize WBG, a token on BridgeChain Protocol, 3)
Bridgechain Hybrid Wallet API supports WBG and other cryptocurrency
management, payment functions and control of payment data. 4) Bridgechain
terminal API is an API that enables terminals in merchants’ side to support the
BridgeChain protocol. It supports cryptocurrency payment and delivers payment
data to consumer wallets.
BridgeChain Protocol
Payment Data Storage Smart Contract
Hybrid Wallet API Terminal API
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05. BridgeChain Platform
BridgeChain platform will establish an integrated payment system that connects
cryptocurrency and fiat money. It is going to develop open APIs that can be paid
with WBG and other cryptocurrency on Smart Phone at online and offline
franchisee stores around the world. In addition, WBGs can be freely paid by
online and offline merchants by developing/manufacturing terminals.
• WBG Coin Storage
• On/Offline Payment
• P2P Transaction
• Purchase / Sales
Integrated Management
• Other Cryptocurrency
Storage
• Chatting Service basedAD Solution
• Easy token transfer byadding friends list
• Token reward details can be checked byReal-Time base
• Terminal Payment System
• On/Offline Payment
• Sales Settlement Function
BridgeChain Platform
Hybrid Wallet AD Keyboard Solution Terminal
Real-Time Payment based on Blockchain Technology
+
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06. BridgeChain Hybrid Wallet
BridgeChain Hybrid Wallet is a coin storage and payment wallet that can be used
by holders and is powered by the BridgeChain platform. It is a wallet that can
guarantee the anonymity of cryptocurrency transactions and ensure the
stability of transactions. Wallet users will be able to use the various features in
Wallet directly.
Bridgechain Hybrid Wallet provides convenient payment service by enabling the
purchase of intangible and tangible products at online and offline merchant
stores with WBG and other cryptocurrency. In addition to the payment function,
the token can be sent to other users, and even they are exempted from the
transmission fee. However, a certain amount of fee will be incurred when
transmitting cryptocurrencies other than WBG tokens. Equipped with an AD
Keyboard solution that allows participants to receive advertisement rewards in
real-time base within a chat communication is one of the main features of the
Bridgechain Hybrid Wallet.
AD KeyboardSolution
Payment
Transfer
Exchange
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07. AD Keyboard Solution
Messenger is one of the most important factors in using various IT devices on
smartphones and networks. Messenger is a communication tool used for two or
more instant conversations over a network including. AD Keyboard Solution of
BridgeChain Platform is a solution that can maximize the advertisement effect
by collecting the input information between merchants & users, users & users
from the messenger and matching keywords of the collected information with
advertisement contents. In addition, participants who engage in the
advertisement by using the AD Keyboard can receive a predetermined reward
with the WBG token. BridgeChain will actively deploy the AD keyboard Solution
to boost the WBG ecosystem by applying search function to SNS service apps,
messenger apps, and cafe bulletin boards.
AD Keyboard Solution
AD
Search
Statistic
Management
3rd Party
AD
Control
Open Interface
3rd PartyAD Contents
ProvidingServer
AS
MS
Web server
Customized Service
Contents
User
LocationCustomized
User
Profile
ADRegistration
Customization
USER(Smartphone)
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07. AD Keyboard Solution
[ Sample Screen ]
“W” click, then move to the Homepage of World Bridge
“Shopping Cart” Click, then move to affiliated shopping malls
“Point Exchange” Click, then move to point,crypto conversion page
The menu bar (icon) is located at the top of the numeric keys of the keyboard to
go to the World Bridge homepage, affiliate shopping malls, and point conversion
pages.
W
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07. AD Keyboard Solution
[ Sample Screen ]
Clash of Clan Download App Store shortcut icon is created by catching words such
as game, RPG, and strategy simulation in the communication dialog window.
Clicking on the "Clash of Clans" icon will take users to the "Clash of Clans" download
screen within the App Store and allow users to download the App.
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08. BridgeChain Terminal
The BridgeChain terminal is a POS (Point Of Sale) terminal for offline payment of
WBG Coin. When a user scans an NFC tag, Bluetooth, or QR Code using a
BridgeChain wallet, payment is made in real time base linked with WBG Token.
The BridgeChain terminal installed in the merchant’s side supports various
payment methods including cryptocurrency and IC credit (check / prepaid) card
and print physical receipts also available.
BridgeChain Terminal, which can make payments immediately with smartphone
wallets, will provide payment services through business alliances with domestic and
overseas franchise and electronic payment agency. BridgeChain Terminal has been
optimized for integrated management such as billing, payment, mileage (points),
sales management, membership management. This feature is an intuitive and
customizable user purchasing and payment system. By providing these functions,
merchants can maximize sales and users are able to conveniently pay with their
preferred payment methods.
BridgeChainTerminal
Hybrid Wallet
Payment, Settlement
Mileage
Merchants
Crypto StoragePayment Methods
Product Selection Payment,Approval/Cancellation
Settlement
Membership Management,
Earn and manage points against sales
Integrated Management of
Product, Membership,
Sales
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08. BridgeChain Terminal
BridgeChain Terminal will also develop an easy payment solution for cryptocurrency
with Kiosks. The Kiosk works with servers in BridgeChain platforms to provide users
with real-time pricing information for WBG and other cryptocurrency, and users can
pay for products through WBG Coin at stores where kiosk is installed. Kiosk is used in
the payment business area that can be easily used by users such as franchises
(convenience stores, restaurants, etc.).
MyCounter Pager
Menu Selection Order Payment Stand By Call Up
BridgeChain API
Exchange Merchants
Payment Approval, Look up Market Price
Real-TimeCrypto Market Price
Payment, Settlement
Terminal (Kiosk)
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09. BridgeChain Payment Process
When a user requests product purchase from a merchant’s store installed where
the BridgeChain Terminal, the merchant prepares an order form through Terminal
and Wallet, and sends the information through API to the BridgeChain.
BridgeChain's API generates QR code for payment requests from the merchant and
sends them to the merchant's Terminal and Wallet. The generated QR code can be
scanned from the user's Wallet and paid by cryptocurrency or mileage (points). The
user checks the balance of the cryptocurrency and mileage in Wallet for
payment requests and requests for final payment approval. In the BridgeChain,
the merchant & the user's payment information and the user's balance
information are checked, and the payment is approved, canceled, or rejected. If
payment is approved, canceled or rejected, it is stored in the blockchain and sent
to the merchant and the user about the result of the payment request. The
receipt is sent to the user for the approval.
User (Wallet)
NRC, QR Code ScanningRequest Payment Approval
BridgeChain Server
Data Transmitting for Payment Request/
Approval/Cancellation
BlockChain
wallet
Merchants(Terminal, Web, Wallet)
OrderProduct
NFCQR Code Generation
Storing
TransmittingOrder Sheet
Transmitting Info.Of Payment Completion
Transmitting Payment Completion Info.
Receipt Transmitting (Delivering)
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Item Content
Data Storage/ Processing
Storing data among block units in the form of blockchain
1) Link transaction details to blockchain from the stage of
contract to payment
2) Node part for Data Trust
- Transaction parties , external approvals and auditors
(3rd Party)
AD Keyboard
Designed to map a bridge chain such as saved search details,
lifestyle patterns, transaction details (transaction amount,
product details, transaction time, access path, etc.) of
participants based on social networking sites, chat, bulletin
boards, etc. and provide customized search words, videos,
and products to participants.
API for External linkage
Consists of Open API type components for interworking
with external systems
10. Applied Technology
Structured in Ethereum-based sidechains form to provide stable services without the
stability of performance and the fees of the blockchain network. BridgeChain also
separates the business layer from the blockchain layer and develops a separate
blockchain network bridge to ensure compatibility and scalability that can be linked to
any Mainnet. BridgeChain provides backup and recovery, availability and privacy
solutions while optimizing the cost of storing data on the blockchain. Data owners
can store data externally for direct management and full control. Files can be stored
through a distributed decentralized database (such as IPFS) or classic RDBMS
(PostgreSQL, Oracle, SQL Server, etc.).
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10. Applied Technology
Item Content
Auth API
Components allow participants to obtain approvals from
public protocols such as Auth and OpenID. BridgeChain also
provides an API to connect to KYC services that provide
identification of users (such as individuals and entities). This
API not only allows users to use the existing infrastructure
mentioned above, but allows users to use a better solution
than now, enabling verification of the future system.
API for payment methods
In addition to payment through an external payment system
such as PG, API is provided for payment method that can be
paid for cryptocurrency.
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11. Business Model
BridgeChain carries out business that provides blockchain-based integrated
payment platforms for online and offline merchants worldwide. By integrating
and providing wallet and additional services required for payment, it will improve
the user's accessibility and provide the payment service easily and conveniently
to gain a market advantage quickly and reliably.
AD KeyboardSolution
Technology
Blockchain BasedPayment Service
Hybrid Wallet Service
Provide On/Off Line Terminal
Provide various payment
methods including Wallets
and Terminals that can
make payments to
merchants and users as
well as additional required
services
BridgeChainPlatform
Distinguished from existing
advertising systems, providing
innovative services and rewards for
communication-based advertisement
Fee for Crypto exchange and
transfer
Fee for Payment Service
AD Revenue
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12. Token Economy
AD Agency Media
W
W
W
W
W
W
W
WW
BridgeChain
PaymentSolution
AD KeyboardSolution
Hybrid WalletSolution
UserShopping
Mall
Advertiser
Airdrop
To the participants of daily events, other various events and payment users
Coin Incineration
Make token burn after purchasing a certain portion of revenue every year
Provide WBG Token rewards by Proof of Consumption to customers with active
consumption, rewards and promotions for providing transaction information and
personal information, and rewards for participation in advertising.
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13. Token Summary
Token Sale 개요
Methods of payment ETH, BTC
Platform Ethereum
Type ERC20
Symbol WBG
Mining No mechanical mining
Reward MiningViewing Ads or Using the platform, Providing service review
and recommendation
COIN Unit 18 decimal places
Start Date 2019-03-05
End Date 2019-06-30
Initial Price 1WBG = 0.06 USDT
Soft Cap $ 20 Million
Hard Cap $ 45 Million
Total Supply 5,000,000,000 WBG
Total Sale 750,000,000 WBG
Investment limitation U.S. citizens and other ICO regulatory countries
Private Sale Limit $100,000 per person
Issuer WORLD BRIDGE PTE.LTD.
Lssued Country SINGAPORE
Address 3 SHENTON WAY #16-08 SHENTON HOUSE SINGAPORE
Auditing Usage of ICO funds
Website https://worldbridgecoin.io
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13. Token Summary
Private Sale 1WBG = 0.06USDT 2019-03-05 ~ 2019-06-30 Bonus 15%
Operation Guidelines
※ EXCHANGE RATE
The exchange rate of ETH, BTC to WBG is calculated so that 1 WBG = 0.06 USDT at coinmarketcap.com
Price based on Singapore time (UTC/GMT + 8) PM 12:00 (midday) on the day of participation.
Investment Limitation in Pre & Main Sale
• Min. Investment Amount : Available from 1,000 WBG
• Max. Investment Amount : $1,000,000 per person
Remittance available Maximum investment amount
In case you transfer more than the maximum amount, the difference will be
returned within 60days afrer the ICO closing, excluding 5% of the remittance fee
and operating fee.
Register customer information, KYC
Proceed to the KYC by including the customer information registration procedure on
the ICO registration platform.
Lock-up period
Founders and team members are limited in transaction to stabilize the market for
120 days after the exchange is listed.
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13. Token Summary
Anti Money Laundering, AML
• Additional documentation and certification can be requested to prevent money laundering
after checking KYC for around $10,000 or more WBG
WBG Steering Committee
• Establish five or more operating committee, including WBG developers, advisor,
and strategic investors
• Make decisions for funding and marketing, ICO planning and ecosystem expansion
• Chairman of the WBG Board : Lee ho
• The composition of the members other than the chairperson of the board will
be announced in later
Auditing
• WBG makers an audit of its investment history through a global accounting
firm and is published on its website (http://worldbridgecoin.io) and by e-mail
as well
Security
• Operates a security team to prevent Cyber Attack and conducts regular security
checks
Privacy & GDPR
• Doing efforts to comply with each country’s national privacy policies and meet
the GDPR Guide in Europe
• Submit Privacy & GDPR Policy Report in every half year
Inquiry to : [email protected]
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13. Token Summary
Token Distribution Budget
Token Sale 15%
Eco-system 30%
Contributor 35%
Advisor & Partnership 8%
Reserve 12%
15%
8%
12%
35%
30%
Token Sale Operation Policy
Budget Operation Plan
30
15
30
20
50
10
20
30
R&D Alliance Marketing Operate Legal
[ unit : %]
R&D 30%
Marketing 30%
Alliance 15%
Operation 20%
ICO Legal Opinion 5%
* Details of each operation plan can be changed on the decidion of board of directors of
WORLDBRIDGE PTE.LTD.
* The operation plan is posted on the website every half year, and the audit trail of the company is
attached.
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14. Roadmap
Will develop the basic components of the BridgeChain platform in the first or
two quarters of 2019, launch the first commercial version in the third quarter,
and establish a cryptocurrency payment ecosystem in connection with domestic
online shopping malls. In the first half of 2020, will link the Integrated
BridgeChain Payment services to on-line and off-line merchants in the
Southeast Asian market.
1Q Set up Project Team
Join Financial & Blockchain Experts
White Paper 1.0
Design BridgeChain Platform System
2Q Develop BridgeChain Platform
Develop Hybrid Wallet
3Q Token Sale
Strategic Alliance with
“TimeSale” Shopping Mall
4Q Open BridgeChain Platform Demo
Open Hybrid Wallet
Listing on Exchange
2020
2019
1Q Listing on Global Exchange
Launching Commercial Version of
BridgeChain Platform
2Q Develop & Open
Offline Payment System
Update Hybrid Wallet
3Q Entering to SEA Market
(Vietnam, Philippines, etc.)
4Q Upgrade BridgeChain Platform
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15. Partner
Business Partners
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16. Contact US
Website https://worldbridgecoin.io
Contact [email protected]
Medium
Telegram
Youtube
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※ LEGAL DISCLAIMERS 1/4
Please read the below notice carefully before participating in the coin sales.
This notice is applicable to all readers of ‘White Paper’, and please keep in mind that the notification may
change or update. If you are not sure about your future actions, we recommend you seek advice from legal,
financial, tax and other experts. All information provided from white paper and web site is just for reference,
does not constitute any investment decision or concrete advice on WBG purchase.
The trade or business of WBG should be made under the one’s own responsibility.
Legal Notice
1. This white paper has been distributed for the WBG project and for general reference only, and can be reviewed
and modified. Please note this white paper reflects up-to-date information based on the cover date and is not
final version. The information in this document can be change depending on the business operation and
financial status of WBG after the date. This white paper can be updated irregular base.
2. No one has the obligation to enter into a WBG sales contract or legally binding commitment and shall not
receive any funding on the basis of this white paper. The sale of the WBG is made through a legally binding
contract and details are provided separately from the white paper. In the event of a discrepancy between the
contract and the contents of this white paper, the contract shall be applied first.
3. In no event this white paper shall be construed as a token issuer/distributor/company's token sale or purchase
proposal for WBG, and the presentation of this document or the document itself shall be based on contract
and investment decisions.
4. WBG is NOT intended to constitute a unit of securities, business trusts or collective investment schemes,
which are defined in accordance with the Singapore Securities and Futures Act or other equivalent provisions
in other jurisdictions. Therefore, this white paper is not provided as a business plan, a business manual,
a proposal, etc. and no jurisdiction shall interpret this white paper as an investment proposal or solicitation
such as securities, business trust units or units of collective investment schemes.
5. WBG shall not be interpreted, analyzed, classified or paid as an opportunity for Buyer to participate in the
platform, token, product or receive investment/income/payment/profit or part of that amount.
6. The coin/token issue method specified in this white paper can not be reproduced, distributed or otherwise
disseminated in all or part of this document in regulated or prohibited jurisdictions. .
7. The information in this white paper has not been reviewed, inspected or approved by the regulatory
authorities. These actions have not and will not be taken in any jurisdiction.
8. In case of wishing to purchasing WBG, you must NOT understand, interpret, classify, or treat WBG as follows.
(a) any currency other than a cryptocurrency
(b)Bonds and shares issued by any institution
(c) Rights, Options, Derivatives on such bonds and shares
(d) The rights under the contract and other agreements for the purpose of assuring return on investment or
avoiding losses or impersonating them for this purpose
(e) Units or derivatives of securities including collective investment schemes and business trusts
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Limitation of Distribution and Dissemination
1. Distribution or dissemination of this white paper in whole or in part can be prohibited and restricted by
legal or regulatory requirements of any jurisdiction. If restrictions apply, you should be aware of the
limitations that can apply under the possession of this white paper by yourself and seek advice from law,
and comply with them. WORLD BRIDGE PTE LTD, executives, employees, agents or related parties
(hereinafter ' WBG and Affiliates')shall not be held liable for this.
2. Any distribution or dissemination of this white paper shall not allow or cause this white paper or its
contents to be shared by others, such as distribution, replication, or otherwise, for any purpose
Exclusion of liability
1. The related services provided by ' WBG and Affiliate' are offered 'as is‘ and 'as available‘ WBG and its
affiliates do not explicitly or implicitly guarantee or describe the accessibility, quality, compatibility,
accuracy, adequacy, completeness of the tokens and related services. In this regard, WBG and its affiliates
state that no liability shall be given to any error, delay, omission or action taken on it.
2. In any jurisdiction, ‘WBG and its affiliates’ do not bear responsibility of any liabilities on benefit, income,
loss or damage from trades of WBG under the relevant liabilities, regulations, and rules in the maximum
extent.
3. ‘WBG and its affiliates’ does not responsible for customers who have violated relevant laws, regulations
and rules of local country’s ICO.
4. Range of excluded liabilities: Every expense of claim, compensation, loss, and legal fee
Future forward-looking statements
1. This white paper contains future predictive statements based on the current statistic number and
assumption, but WBG does not have a responsibility to bear any liability to update on website about any
risk, uncertainty, actual result, information can give influence on future change or events and any other
information created by WBG.
2. Future forward-looking statements contain various risks and uncertainties. These statements do not
guarantee future performance and therefore should not be relied upon too much.
3. The WBG platform is either complete or not fully operational as of the date this white paper was created.
The description on this white paper is written on the premise that the platform will be fully completed and
operational in the future, but this should not be construed as a guarantee or commitment for completion
of the platform and complete operation.
※ LEGAL DISCLAIMERS 2/4
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Potential Risks
Before deciding whether to purchase or participate in 'WBG', it is recommended that you read the
followings carefully and analyze, understand the relevant factors and risks.
Risks include but are not limited to:
1. Risk of storage related purchasers' carelessness, such as limiting access to ‘WBG’ due to loss of
identification information, loss of essential private key related to digital wallet with ‘WBG‘.
2. Changes in political, social, or economic environment, changes in the market environment of the stock
or cryptocurrency markets; risk related to changes in regulatory environment in countries where ‘WBG
and Affiliate' operate and to changes in the ability of ‘WBG' to survive or compete in these
circumstances; In certain jurisdictions may apply existing/new regulations related to blockchain
technology, which is disadvantageous to ‘WBG', which may result in significant changes in the ‘WBG‘
ecosystem and projects such as the abolition / loss of ‘WBG'.
3. Changes in the future capital needs of WBG and its affiliates, and changes in capital and capital
procurement potential to meet these risks and shortfalls can affect the use and potential value of 'WBG‘
platform development and 'WBG‘ itself.
4. WBG's activities can be suspended, dismantled or suspended due to various reasons such as unfavorable
changes in the value of WBG, failure of business relations, or intellectual property claims of competitors
during development/operation. As a result, WBG ecosystem can potentially have a negative impact on
the potential use.
5. No other entity is entitled to make decisions regarding projects, ecosystems, etc. of ‘WBG'. All decisions,
including the discontinuation of 'WBGE' services, platforms and ecosystems, and the creation, sale, and
liquidation of 'WBG' utilized in the ecosystem, are at the discretion of WORLDBRIDGE PTE.LTD.
6. The tax and accounting practices of 'WBG' may vary from jurisdiction to jurisdiction. Purchase of 'WBG‘
may have a negative impact on tax processing and is encouraged to seek independent tax advice in this
regard. In addition to the risks stated above, there are other risks that WBG and its affiliates can not
anticipate. The risks of unexpected combinations and variations can also emerge. If the above risks and
uncertainties develop into actual situations, the business, financial position, operating results and
prospects of the 'WBG and Affiliate' can be affected in a practical and negative way. You may lose some
or all of the token values of 'WBG'.
ICO Participation Limit
1. WBG is not allowed to participate directly or indirectly in the ICO of ‘WBG' by U.S. citizenship holders,
residents or permanent residents of countries that prohibit ICO participation.
2. WBG will not be returned in any circumstances, except if the sales rate is below 10% after ICO
completion.
3. Details of the refund process will be updated on the website or other materials.
※ LEGAL DISCLAIMERS 3/4
For Official Use Only
31White Paper Ver. 1.0 | https://worldbridgecoin.io
Governing Law
WORLD BRIDGE PTE.LTD is established in Singapore and this white paper is interpreted and regulated in
accordance with Singapore’s laws regardless of the principles of international business.
No detailed information and no update
No person shall be authorized to provide information / explanation except for the contents contained in this
white paper for "WBG and affiliated companies" and related projects and operations, and even if provided
with this information / description, You should not be considered to represent them.
No consultation
No information in this white paper is considered business, legal, financial, or tax advice for "WBG and
affiliates". We encourage you to seek advice from other experts, such as law, finance, tax, etc., regarding
'WBG and affiliates' and related businesses and operations. The financial risk of purchasing 'WBG' can apply
indefinitely.
KYC Compliance Statement
Customers participating in the sale of WBG must comply with the verifying real name procedure (KYC)
regulations and any other applicable regulations after the crowdsale for identification purposes. WBG will do
Its best to provide convenience and reliability to customers based on mutual trust.
1. WBG complies with ICO-related laws such as KYC, Anti-Money Laundering Act (AML).
2. WBG complies with the Privacy Act to protect customer's personal information, including user registration
information.
3. WBG will use the KYC personal information collection as information for the sale of O2O tokens only and
will discard the documents submitted for KYC after ICO closing. More detailed information on the KYC
process will be updated on the homepage or other materials.
※ LEGAL DISCLAIMERS 4/4
For Official Use Only
32White Paper Ver. 1.0 | https://worldbridgecoin.io
www.worldbridgecoin.io
Thank You
WORLD BRIDGE PTE.LTD.