SDChain Whitepaper

Since the birth of Bitcoin, blockchain and cryptocurrencies have been flourishing vigorously. However, most current blockchain projects are still on the basic level of token issuance and exchange of virtual information – there are very few digital assets which have real value to be widely used to establish a practical business ecosystem. In other words, especially there lacks an effective symbiotic mechanism between the physical world and digital world. Future development of the blockchain ecosystem inevitably requires mutually beneficial situations of symbiosis between the physical and digital economy. IoT (Internet of Things) will be a major connection of both the physical world and also the digital world. On one hand, IoT can establish an efficient coordination mechanism between users and objects in the physical world, thus promoting efficiency and bringing benefits to various industries, in addition to a new “Wisdom Revolution”. On the other hand, with a potential size of tens of billion possibilities and a high concurrency for transactions; IoT has the potential to create huge, high-value and steady streams of digital asset resources for blockchain. Meanwhile, this connection need of both physical and digital worlds will promote the establishment of a value system of digital assets and network credit, in order to achieve multilateral prosperity of both digital and physical ecosystems. The combination of IoT and blockchain will create a new infrastructure of all things in general. SixDomainChain Platform is the world’s first decentralised public blockchain ecosystem for data exchange that integrates international standards of IoT Six-Domain Model and reference architecture standards for distributed blockchain (SDChain Platform), which would operate on its own native blockchain (SDChain). The design of SDChain gives full consideration to IoT
characteristics and requirements of business ecosystem construction. In specific fields like issuance of digital assets, management of users’ credits and identities, P2P communication, encryption algorithm, consensus algorithm, smart contracts, cross-chain smart contract model, market consensus incentives, decentralised DApp (Distributed Applications) and fast access to new businesses, SDChain optimises current blockchain infrastructure in depth. By seamlessly implementing the underlying SDChain blockchain infrastructure and IoT Application ecosystem, the SDChain Platform will create a business ecosystem with benign, rapid and sustainable development, enabling SDChain Platform to have a coexistence of tokens, blockchain and industrial IoT. A reliable blockchain ecosystem based on IoT digital assets will be established, and an efficient way to realise the circulation and value transformation of reliable digital assets will be formed as well. In this of IoT and blockchain ecosystem. Core Business of SDChain includes: 1) Regarding application requirements of a specific industry, and
based on IoT Six-Domain Model reference architecture, SDChain will enable the establishment of business ecosystem and DApps thereon for agricultural IoT, industrial IoT, energy IoT and applicable verticals. It will also provide issuance of digital assets for different DApps, as well as services of credit identity registration and management, data storage, verification and inquiry on blockchain, smart contract setup, trigger and automatic account division for various IoT users and equipment subjects on SDChain. SDChain will ensure the consistency, authenticity and non-manipulation of the data and establish ACM
(Asymmetric Credit Mechanism) between people and objects to guarantee the safety, efficiency and value of data assets interconnection. 2) SDA (Six Domain Assets) is the native digital asset token to be used on the SDChain Platform. SDA will be issued based on a predetermined quota. SDA is intended to be utilised solely on the SDChain Platform (when fully completed and deployed), as a unit of exchange for consumption of services and payment for transactions on the SDChain Platform, as well as the incentive which will encourage participants to establish consensus for digital assets on SDChain, thereby contributing and maintaining the ecosystem on the SDChain Platform. SDA does not in any way represent any shareholding, participation, right, title, or interest in the Foundation, its affiliates, or any other company, enterprise or undertaking, nor will SDA entitle token holders to any promise of fees, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. SDA may only be utilised on the SDChain Platform, and ownership of SDA carries no rights, express or implied, other than the right to use SDA as a means to enable usage of and interaction with the
SDChain Platform. In particular, you understand and accept that SDA:

(a) is non-refundable cannot be exchanged for cash (or its equivalent value in any other virtual currency) or any payment obligation by the Foundation or any affiliate;
(b)does not represent or confer on you any right of any form with respect to the Foundation (or any of its affiliates) or its revenues or assets, including without limitation any right to receive future revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to the SDChain Platform, the Foundation and/or its service providers;
(c) is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument or any other kind of financial instrument or investment;
(d)is not a loan to the Foundation or any of its affiliates, is not intended to represent a debt owed by the Foundation or any of its affiliates, and there is no expectation of profit; and
(e) does not provide you with any ownership or other interest in the Foundation or any of its affiliates. The contributions in the token sale will be held by the Foundation (or its affiliate) after the token sale, and contributors will have no economic or legal right over or beneficial interest in these contributions or the assets of that entity after the token sale. To the extent a secondary market or exchange for trading SDA does develop, it would be run and operated wholly independently of the Foundation, the sale of SDA and the SDChain Platform. The Foundation will not create such secondary markets nor will it act as an exchange for SDA. 3) Based on many encrypted blockchain digital assets resources on the SDChain Platform, it is convenient to establish multilateral cooperation with new business ecosystems, find potential venues for co-operation, incubate innovative applications, and drive the coordinated development of IoT technology, artificial intelligence innovations, IoT financial service innovations, services of supply chain traceability, and other market service innovations with high efficiency

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