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The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

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Page 1: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

The Blockchain Alliance for Liquid Value Networks

Building a Fairer, Faster Global Value Exchange

Micha Roon, Sweetbridge

Page 2: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 20172

Who is Sweetbridge?

We transform high-friction value chains into Liquid Value Networks.

We use Blockchains, Smart Contracts, and Cryptocurrency to tokenize assets and create liquidity.

TOgether with our partners, we are building a Blockchain Alliance - an extended network for a Liquid Value Exchange

Sweetbridge aligns economic incentives for all network participants so that everyone prospers.

Page 3: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

The Sweetbridge Team

A distributed team of proven business leaders around the world with backgrounds in supply chain technology, advanced blockchain development and enterprise software sales and delivery.

Founder and CEO Scott Nelson● Visionary Founder and CEO of Trax

Technologies, 22 years● Global leading Logistics Settlement & Data Risk

Mgmt solution● 35 years of global logistics experience● Led successful venture funding, exit to PE firm at

3.5x revenue● Consulting, finance, data science and executive

management

A non-profit foundation based in Switzerland.

Page 4: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Today's Supply Chains Must Evolve

Alliances and Ecosystems for the Future

Transformation or Extinction? ● New Connected age, ever-increasing pace of Change, explosion of Choices

Current institutions cannot ensure survival● Hardened 1950s-style org hierarchy, centralized controls, enterprise & govt data silos● Industry ecosystems must flexibly share and collaborate, not compete

Unprecedented opportunity to transform commerce● Blockchain, Smart Contracts and Cryptocurrency; with AI, Big Data and IoT● Assets and Talent can reach to their full value potential in a fairer, faster way● Truly distributed and autonomous - a new era of Liquid Value Chains

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Page 5: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Blockchain Alliance Partners

Page 6: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Evolving business models: Tokenization

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Page 7: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Sweetbridge Solution Summary

Network-Collateralized

Liquidity

LiquidSettle-ment

Liquid Value

Network

Interest-free Liquidity:

● Crypto-currencies

● Digital Assets

Settlement Platform

● Crypto-factoring

● Trade Finance

Network Optimization

● Share Assets

● Share Talent

● Outcome-based Rewards

Page 8: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Sweetbridge Solution Summary

Network-Collateralized

Liquidity

LiquidSettle-ment

Liquid Value

Network

Interest-free Liquidity:

● Crypto-currencies

● Digital Assets

Settlement Platform

● Crypto-factoring

● Trade Finance

Network Optimization

● Share Assets

● Share Talent

● Outcome-based Rewards

Page 9: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge
Page 10: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

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Bridgecoin enables self-funding: How it works

Put your asset in your own blockchain vault

You still own your asset, you still receive any benefit from its appreciation. The asset is locked, and you can’t transfer the asset’s ownership, until you unlock it, by paying back the loan

Borrow what you want, up to the cap

The cap limit you can borrow to is based on the type of asset.

Use the liquidity you borrow for anything

It’s yours, you own the asset, you own the value, use it any way you want

Page 11: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

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Setting up the UOU borrowing line

● UOU = “You owe You”

● Sweetbridge “oracle” determines asset value & risk○ USD in Phase 1○ Collateralization amount○ Periodic re-evaluation○ Based on asset-type

● Collateral-to-Liquidity Ratio set by asset type

Page 12: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Treasury Protocol

Using Bridgecoin to borrow from your UOU Line

● Treasury protocol (smart contract) funds Bridgecoin to borrower

■ Initial Treasury funding from TGE

■ Fiat exchangeable on token exchanges

■ Bridgecoin can be used to purchase other crypto-currencies

● New Bridgecoin supply is minted when new assets are collateralized

● Bridgecoin destroyed when UOU paid off

● Bridgecoin minted or destroyed to maintain peg to USD

Fund Bridgecoin from Treasury Protocol

Page 13: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

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Network Collateralized Liquidity: Fund Yourself

Lock & Borrow

Payback & Unlock*

Bridgecoin convertible to ETH, BTC, USD through exchanges

* Payback period varies by asset type

Page 14: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Sweetbridge Solution Summary

Network-Collateralized

Liquidity

LiquidSettle-ment

Liquid Value

Network

Interest-free Liquidity:

● Crypto-currencies

● Digital Assets

Settlement Platform

● Crypto-factoring

● Trade Finance

Network Optimization

● Share Assets

● Share Talent

● Outcome-based Rewards

Page 15: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge
Page 16: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

The liquidity problem

Page 17: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Liquid Settlement for Supply Chains : The Basics

The Cash Conversion Cycle

Receive Parts(Inventory In)

Pay Suppliers(Cash Out)

Sell FG to BuyerInvoice Buyer

Buyer signs invoiceShip FG

(Inventory Out)

Receive Payment for FG (Cash In)

DPO

DIO

DSO

DPO = Days Payable Outstanding (A/P) DIO = Days Inventory Outstanding Inventory) DSO = Days Sales Outstanding (A/R)

Cash Conversion Cycle (CCC) = DSO + DIO - DPO

Initial target

Place OrderWith Supplier

Page 18: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

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What are the opportunities for

Working Capital improvement ?

There are 3.5 trillion euros ($3.9T) tied up in net working capital in supply chains at any given time. Liquidity solutions are expensive, tie up borrowing capacity and are unavailable to companies that need it most. Working capital optimization is both a significant opportunity and critical need.

Page 19: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Invoice$1000

Buyer & Seller digitally sign

Invoice

Invoice$1000

Digital invoice in seller vault

Invoice is locked

-$500

Borrow $500 from your A/R

Receive $495 in Bridgecoin

Exchange Bridgecoin

for $495 cash

Buyer pays $1000Invoice

(xx days later)

Use $1000 to buy Bridgecoin

-$0

$1000 of Bridgecoin Use $500 of

Bridgecoin to pay off UOU

Balance of $500 Bridgecoin

Unlocks Invoice - goes to Invoices

Paid

Seller receive balance of cash ($500)

InvoicePaid

Invoice Settlement: Crypto-factoring w/Bridgecoin

Seller - Receives Cash InstantlyBuyer - Can Pay Bill XX Days Later

Vault

Vault

Page 20: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Invoice$1000

Buyer & Seller digitally sign

Invoice

Invoice$1000

Digital invoice in seller vault

Invoice is locked

-$500

Borrow $500 from your A/R

Receive $500 in Bridgecoin

Exchange Bridgecoin

for $500 cash

Buyer pays $1000Invoice

(xx days later)

Use $1000 to buy Bridgecoin

-$0

$1000 of Bridgecoin Use $500 of

Bridgecoin to pay off UOU

Balance of $500 Bridgecoin

Unlocks Invoice - goes to Invoices

Paid

Seller receive balance of cash ($500)

InvoicePaid

Invoice Settlement: Crypto-factoring w/Bridgecoin

Seller - Receives Cash InstantlyBuyer - Can Pay Bill XX Days Later

Vault

Vault

SweetCoin can be unlocked

Page 21: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Why blockchain?

▶ Open market for coins

▶ Open interface for partners

▶ No infrastructure costs

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Page 22: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Smart Settlement BusTM coordinates on & off-chain

Blockchain

Blockchain

BuyersSellers

VaultsTreasury

oracle(s) e.g.,risk

prediction Sweetcoin Bridgecoin

Digital Invoices

Crypto-coins Crypto-coins

Smart Settlement BusTM

Smart Commercial

Contracts

Smart Agreements

Decentralized UI

Smart Contractse.g., authorize

payment

Page 23: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Questions?

Page 24: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Sweetbridge Team

● 24 years building world-class talent teams for supply chain, logistics and technology companies

● Successful entrepreneur and founder of executive search firm DKM & Associates

● Prior to DKM, had a successful career in finance, consulting, and business process improvement for global companies in multiple industries - KPMG, NCR & Fujitsu

Rhonda Milligan – Chief Talent Officer

● 30 years global supply chain ops, sales & consulting for companies such as SAP, Philips, Siemens, Nokia, China Shipping, Chemchina, Sinochem and Petrochina

● Fluent Chinese speaker with 12 years in China, 4 years in Europe

● Expert in Value-based Sales and Consulting

Ken Kaminsky – VP AsiaDylan Figlo – VP Marketing

● Customer-focused performance marketer with proven competence in profitably growing brands like Bonobos and Tuft & Needle from $8M to $100M+ in 2 yrs

● Expert in developing personalized online experiences for a suite of digitally native brands

● Passionate thought leader on youth education and their adaptation to technology

Micha Roon – Principal Blockchain Engineer

● Software engineer with 20 years consulting experience ● Blockchain enthusiast and Ethereum developer since

2014● Founder and CTO for 2 startups in data management

and distributed systems● MIT Fintech certification - decentralized economy

specialist

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Hamid Moutawakkil - Systems Architect

● 20+ years in IT covering all major aspects of the software industry

● Served as the Founder and CTO at PreVisionX, a highly configurable and customizable service platform for the On Demand Economy

● Prior to PreVisionX worked for KPMG, Metrixware, Exakis and vNext

● Carries a degree medicine from the Medical School Xavier Bichat in Paris and a degree in Business from the Business School ISG Morocco

Jason English – VP Marketing - Blockchain Protocols

● VP Marketing and employee #3 of ITKO from pre-funding to $330M acquisition by CA

● Director Digital Marketing for i2 and VP B2B Marketplace Design consulting unit

● Early Web 1.0 Information Architect and game designer at Agency.com, Museworthy/Activision

● Co-founder/CMO SignalMind - mobile responsive web platform with 30K+ active pages

Page 25: for Liquid Value Networks The Blockchain Alliance · The Blockchain Alliance for Liquid Value Networks Building a Fairer, Faster Global Value Exchange Micha Roon, Sweetbridge

Update: June 19, 2017

Sweetbridge Team

● 20+ years experience managing operations, corporate facilities, IT support, and general office management

● Most recently, worked at DKM & Associates focusing on operations-performance, productivity, efficiency of organization, social media, website, and IT

● Spent 18 years at the largest wine producer in the world, Constellation Brands

Tiffany Tucker – Director of Community Ops

Brian Weaver - Technical Operations

● Over 17 years of fortune 500 experience with Intel and Hewlett Packard

● Technical strengths include Linux, Amazon AWS cloud, and automating infrastructure

● Loves the challenge of global project deployment and solving complex issues

Andrew Cernek – Sr. Software Engineer

● Full stack software engineer ● Co-founder at Landiverse where he built a project

using MongoDB● Thrives while working with fast scaling, young

companies ● BA in Religious Studies, NAU

Robert Zaremba - Sr. Blockchain Engineer

● System architect and computer scientist ● Proven experience in blockchain technology including

ICOs, Cryptocurrency market analysis, Smart Contracts research, system development, data mining.

● MSc Computer Science, Wrocław University● Founder of Scale-IT, previously CTO for AgFlow and Head

of IT for Energy Plaza

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● 20+ years experience developing a transparent company culture spanning a global workforce that focuses on empowerment based on merit

● Experienced in growing a global SaaS and managed services company with operations on four continents

● Co-founder of Trax Technologies, Inc., 22 years

Karen Nelson – Chief Culture Officer

Jana Heywood - Executive Administrator

● Over 20 years experience working in global logistics and SaaS environments

● Experienced in a wide variety of roles in the business development cycle that includes administration, training, HR, finance, legal, technical writing and facilities

Chris Gerke - Legal Counsel

● 15+ years of experience as an international tax lawyer, and an expert in tax policy

● Most recently, was a Director in PwC's Blockchain / Smart Contracts Practice with the firm's FinTech Advisory Practice

● Prior to PwC, he worked for General Electric and Kimberly-Clark on the corporate international tax team

● JD from the University of Chicago Law School, and is a member of the Illinois Bar

● A member of the U.S. Congress Joint Committee on Taxation as the Legislative Counsel