Summary

We propose a new point-to-point data storage solution based on

cryptography, point-to-point transmission technology and blockchain

technology. In this scenario, FEB will specifically address fraud,

management issues and disclosure issues in the data industry.

FEB is compatible with the interaction of data and assets in two ways.

1) Firstly, FEB adopts the asynchronous side chain structure of

cross-chain to acquire assets on multiple public chains. It adopts

multi-level and multi-architecture composite hot and cold wallets to

solve the storage problem of encrypted assets. 2) FEB focuses on

encryption and privacy technologies, encrypts user data, organization

data and sensitive data, encrypts noise, and then transmits it on a

peer-to-peer network to ensure data security.

Based on this, FEB can become a communication bridge between data

islands, breaking the dilemma of difficult data management, storage

difficulties, and privacy, and truly realize the free flow of data in the

world. FEB will also become an important part of the WEB 3.0 era.

Document Use

This document provides an initial introduction to the ecosystem of

FEB. It has a certain reading threshold. Applicants are experts, investors

or consumers who have a certain understanding of the blockchain industry,

as well as certain knowledge of Bitcoin、Ethereum and other digital

currencies.

Document Range

This document is an introduction to FEB - the world's leading big data

information service platform, describing the key elements and details of

the FEB ecosystem architecture. The development team will continue to

optimize and upgrade existing product architectures and functions.

Contents

一、Market Background And Environmental Analysis................................1

1.1 Market Situation................................................................................1

1.2 Market Pain Point Analysis............................................................2

1.3 Blockchain Big Data Industry Development Trend....................4

二、FEB-Building the World's Top Big Data Infrastructure................5

2.1 Project Description..........................................................................5

2.2 Project Concept..................................................................................6

2.3 Program Features................................................................................7

2.4 Vision Mission....................................................................................9

2.5 Business Innovation........................................................................10

三、 FEB Core Application Section............................................................11

3.1 Global Information Synchronization Sharing System............11

3.2 Information Settlement System....................................................11

3.3 Multi-function wallet....................................................................12

3.4 Online Mall........................................................................................12

3.5 Quantitative Transaction..............................................................13

四、FEB Protocol And Technical Solution................................................14

4.1 Technical Design Concept..............................................................14

4.2 Overall Technical Framework........................................................15

4.3 Core Technical Features................................................................16

4.4 Core Technology Advantage............................................................20

4.5 Mining Mechanism..............................................................................24

五、Token Equity Rules..................................................................................25

5.1 Token release....................................................................................25

5.2 Token Distribution..........................................................................26

5.3 Issue Locks And Team Incentives................................................27

5.4 Token Ecosystem................................................................................28

5.5 Token Appreciation Mechanism......................................................29

六、FEB Development Foundation..................................................................30

七、Project Future Development Plan........................................................31

八、Team..............................................................................................................32

九、Precautions And Risk Tips....................................................................34

十、Reference....................................................................................................35

1

一、Market Background And Environmental Analysis

1.1 Market Situation

As an emerging industry, the big data industry plays an important role

in the stable development of the country and society. What is certain is

that the development of the future society and state organizations is

inseparable from the booming big data industry, and the developed big data

industry will drive the development and progress of the overall economy.

Currently, the big data industry has been deeply and widely used in all

aspects of various industries. In a vast data ocean, big data can

accurately guide the most appropriate data and play a key role in key areas

such as medicine, energy and industrial analysis. It has become an

indispensable key technology in modern society.

With the deepening of the degree of social informatization, the big

data industry is also constantly developing, and while bringing great

convenience, various side effects have also followed. Although big data

serves all users, because of its size requirements, the power of the big

data industry is usually in a small number of enterprises and institutions.

Due to the lack of reasonable regulatory mechanisms and opaque management

of the industry, the phenomenon of user data being rushed out is endless,

and the various black products news exposed are not uncommon.

It is undeniable that despite the chaotic scene brought about by rapid

development, the big data industry is still developing and improving. The

prosperity and development of the big data industry has injected blood

and soul into society. The upgrading of big data industry structure and

the integration of traditional industries and empowering industries have

become an important research direction of today's social development.

At the same time, blockchain technology and digital currency

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gradually entered people's sights, and caused the crazy chasing of capital

and users with their novel technologies and concepts. In the long run,

blockchain technology will perfectly fit the big data industry, and

through the combination with the big data industry, solve many problems

in the traditional industry and lead the development trend.

1.2 Market Pain Point Analysis

1.2.1 Management Confusion

Data management is a top priority for the entire big data industry.

At present, commercial-grade centralized storage products and services

represented by cloud storage have become the mainstream choice for many

organizations and individual users. The user stores the business or

personal data in the service provider's database based on his brand

awareness of the service provider. Once the service provider's database

is hacked or human error occurs, all data stored in the database will be

at risk of data loss and information leakage. Centralized data management

model determines that it cannot be truly managed from its roots.

1.2.2 Low Credibility

Client data stored in a centralized platform is usually based on the

latest updates, and other clients are automatically synchronized. When

a user saves a file update and finds an editing error, if the file version

is to be returned before the modification, it will be found that the file

copy has been incorrectly updated in the cloud storage service that does

not support version management. Also, if you do not accidentally delete

other backups of the file, the data on the network disk will be permanently

lost. For the ever-changing data industry, low error correction can result

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in long-term preservation of large amounts of erroneous data, which

seriously reduces the credibility of the overall data.

1.2.3 Information Sharing Difficulties

Limited to the current state of the art and the old model, it is

difficult to effectively achieve information sharing. For example, in the

field of supply chain big data, it is impossible to establish an effective

and transparent collaborative settlement process between industries.

Under the existing basic conditions, the space for improvement has reached

the limit, and information inequality is widespread, which ultimately

makes it difficult for the industry to obtain deeper improvements.

1.2.4 High Security Risk

The humanized factor in the centralized platform causes the operator

to directly view or delete the content and data uploaded by the user to

the storage database on the server platform. Due to this operational

management mechanism, user data leakage and forgery are highly likely to

occur. Centralized storage servers have long been a major target of

network intrusion and theft due to their special storage methods and a

large amount of rich user data. The security risks of the server itself

and users are particularly acute.

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1.3 Blockchain Big Data Industry Development Trend

As an emerging technology, blockchain technology will be integrated

with the big data industry and gradually penetrated into many application

scenarios to help the development of big data industry.

The blockchain determines that all participants have complete data

records, which is determined by their distributed nature, and unilateral

information modifications will no longer be feasible. Since all

participants have a complete scatter data record, all participants are

in the same location. Everyone is the contribution of information,

consumption and "owner", no need to worry about the monopoly of

information.

Information will be published throughout the network. Once the data

is generated, it cannot be modified and can be verified at any time. Since

all information is recorded on the chain, it cannot be tampered with and

completely transparent, so with the blockchain technology, the entire big

data industry will become very efficient, which not only reduces costs,

but also reduces many unnecessary losses. Optimize efficiency and

ultimately promote the overall development of the industry.

At the same time, value distribution has always been a problem in the

big data industry. After the introduction of blockchain technology, the

problem is solved - the value process is convenient and efficient, the

settlement is real-time response, and the emergence of smart contracts

makes the trust problem no longer exist.

It is foreseeable that blockchain technology will shine when applied

to the big data industry！

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二、FEB-Building the World's Top Big Data

Infrastructure

2.1 Project Description

The global big data industry is developing rapidly, but there is still

much room for improvement in all aspects. Out of love and mission to the

industry, FEB came into being.

FEB（Fair Efficient Business）,It will subvert the traditional big

data industry model and establish an advanced, safe and unique

decentralized data industry ecology. FEB hopes to promote rapid changes

in the entire industry information through a series of open and fair rules

and standards, and optimize the current industrial structure. Rational

allocation of resources, and finally the use of blockchain technology to

form a decentralized platform with FEB protocol as the node, and

ultimately become a top-level big data industry platform serving the

world.。

FEB will rely on blockchain technology to build its own public chain

and develop a variety of application scenarios, such as: global

information sharing synchronization system, information settlement

system, multi-function wallet, quantitative transactions, smart

contracts and so on. Relying on a variety of application scenarios at

different levels, creating a unique industry closed loop, relying on Token

as a link to achieve the upgrade of the big data industry ecosystem, so

that the value is perfectly transmitted.

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2.2 Project Concept

Key concept: Under the premise of retaining the core functions of the

current mainstream successful blockchain project, FEB will combine the

actual situation of the big data industry and re-develop and add many other

useful functions，fundamentally solve many problems in the current big

data industry.

Application concept: In the current situation, the blockchain

industry has begun to enter the era of application development. FEB will

develop and serve the application in time, give full play to the advantages

of the blockchain, break through the bottleneck of the current blockchain

project, and actively make the project fall.

Development concept: FEB technical team adheres to the concept of

“practicality”, and absorbs the advantages of other blockchain projects,

and proposes more practical technical solutions based on its own

situation.

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2.3 Program Features

2.3.1 Top Core Technology

FEB has a global technical team. Team members have unique insights

and experiences in blockchain, information management and big data. They

have many years of experience and bring great advantages and guarantees

to FEB's technology development.

2.3.2 Multiple Core Business Segments

FEB has a core business segment covering all directions, and it has

developed for information sharing, information settlement system,

multi-function wallet, online mall, wealth management, smart contract,

etc., and finally will become a whole ecosystem.

2.3.3 Many Well-known Institutions Around The World Participate

Excellent partners are the foundation of success. FEB has top partners

all over the world. They will cooperate with FEB in all aspects and help

FEB at all levels to promote the rapid development of FEB.

2.3.4 Global Market Simultaneous Launch

FEB has a rich community base and user heritage and is deployed

commercially on a global scale. At the same time, strong alliance forces

enable FEB to launch simultaneously in all markets around the world,

rapidly expanding the market and seizing opportunities!

In the future, FEB will build multiple user communities in Spain,

Canada, the United States, Singapore, Northern Europe, Eastern Europe,

Japan, China, Korea, Australia, Malaysia, Cambodia, South America and

other countries to help project development.

2.3.5 Future Trends

FEB has made subvertive changes in the existing big data industry and

established an advanced and unique big data industry ecosystem. It is

hoped that through a series of open and fair rules and standards to promote

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rapid changes in the entire market, optimize the current industrial

structure, rationally allocate resources, and finally realize the

decentralized big data information service platform through blockchain

technology through FEB protocol.

2.3.6 Global Commercial Application

In order to realize the great ideals and mission of FEB, FEB will

use its own advantages to land commercial applications on a global scale,

actively carry out commercial cooperation with various traditional

industries, help the industry develop, expand its influence, and

establish an industrial ecosystem led by FEB.

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2.4 Vision Mission

FEB hopes to solve many problems existing in the current big data

industry through its advanced and perfect concepts and technical means,

realize global information sharing and win-win, establish a sound

information sharing and settlement ecology, optimize value transfer, and

finally build it into the world's top Big data information service

platform.

At the same time, FEB will continue to deepen the development of the

industry, provide the safest, most convenient, high-quality and efficient

services for big data industry and digital asset enthusiasts, and promote

blockchain technology in the global big data industry to achieve social

development and progress.

In order to create an effective community decision-making environment,

we introduce the concept of community consensus, which will continue to

reduce user costs and help the big data industry and blockchain industry

to better understand and participate in the entire FEB ecosystem, which

will undoubtedly require long-term efforts. The FEB team will absorb more

community eco-builders and business partners based on its technology to

create a secure, convenient and efficient decentralized big data

ecosystem.

FEB's overall ecological environment includes wallets, platforms,

Tokens, etc., with a platform as a link to open up the connection between

Token and the data industry. At the same time, FEB will land on the digital

asset trading platform, allowing each user to use it conveniently in such

an ecological environment. Digital assets, enriching the application

scenarios of FEB, promoting the entire business progress and social

development.

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2.5 Business Innovation

In the current situation, FEB will innovate in the business model,

and FEB will cooperate with existing payment networks, which will prompt

merchants to accept FEB wallets in the future.

FEB writes optimized information into the blockchain, which creates

a channel between consumers and FEBs. Consumer transactions will be

settled through FEB's mobile pool, and merchants can receive payments

immediately.

FEB will lead a series of digital economic innovations, FEB's

technical team will provide smart wallets that support the secure storage

and efficient trading of various digital assets.

The FEB platform uses the most advanced concurrency technology in the

world and is certified by an authoritative center. Order processing speed

is up to 100,000 / sec. To be sure, this speed has exceeded most systems,

it can ensure no delay.

The FEB platform uses an advanced multi-layer, multi-integrated

system architecture. Multi-layer architecture design greatly enhances

system efficiency, security, stability and scalability.

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三、FEB Core Application Section

3.1 Global Information Synchronization Sharing System

Using the characteristics of decentralization and distributed

recording of blockchain technology, FEB created a decentralized global

information synchronization sharing system with Token as the settlement

benchmark currency.

The global information synchronization sharing system is the most

important part of the FEB big data ecosystem. It uses Token as a link to

help users and businesses achieve benefit sharing, user sharing and data

upgrades.

Through the global information synchronization sharing system, any

data-related transaction requires FEB exchange, and enterprises can

purchase services such as users, traffic, data, behavior analysis and

intelligent marketing. At the same time, user data will be processed in

a confidential state, and the privacy of individual users will be

guaranteed.

3.2 Information Settlement System

The system is based on FEB and builds a unified, efficient and

transparent global information settlement system to solve many problems

in today's big data settlement, stimulate the circulation of various links

in the industry, stimulate domestic demand, and promote industrial growth.

Producers and merchants provide more efficient and value-added services

to promote blood circulation and regeneration in traditional industries.

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3.3 Multi-function wallet

As a multi-functional wallet based on blockchain technology. FEB

decentralized wallet is also a distributed decentralized platform that

can complete digital currency storage and electronic payment; it is also

a multifunctional payment tool that will promote financial flow between

merchants and consumers.

FEB wallet has rich functions, it provides a secure digital asset

storage environment, and opens up zero-risk intelligent quantitative

transactions, providing users with stable digital assets and promoting

the value of tokens.

At the beginning of the project, FEB will mainly complete the

construction of the wallet framework and lay a better foundation for the

subsequent functional modules. In the future, existing functions will be

continuously expanded and upgraded, and will be continuously adjusted

according to market development to achieve more landing functions.

3.4 Online Mall

Based on the huge market prospects, FEB will create its own online

shopping mall in the future, and FEB will be able to pay in the FEB online

store. As we all know, the traditional e-commerce platform has many

inconveniences, and the emergence of FEB Mall will break all kinds of

unreasonable phenomena. The sale and purchase of the mall will be directly

returned to the FEB as a reward. The source of this part of the reward

comes from the benefits of the platform itself. For ordinary users, normal

consumption not only saves money but also rewards; for the inviter, the

more promotion, the higher the income; for the merchant, the sales

turnover of the goods is fast, and the subsidy can be obtained through

the platform; In terms of user activity, the higher the transaction volume,

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the faster the overall operation speed of FEB will be, which will actively

promote the development of the entire platform and finally solve many

long-standing problems,the virtuous circle of mutual benefit also makes

the value of FEB leap.

3.5 Quantitative Transaction

Based on the principle of distributed decentralization, FEB will be

dedicated to bringing greater benefits to users. On this basis, we have

developed a unique quantitative trading system. Users can bind their API

interfaces on the exchange through the FEB wallet and then implement

quantitative transactions to generate revenue. Currently mainstream

exchanges provide API interfaces, and the participation threshold of

ordinary users is very low.

By quantifying transactions, FEB Wallet will continue to provide

users with stable income. At the same time, users participating in

quantitative transactions will receive corresponding rights according to

their participation and participate in various ecological applications

under FEB. This will greatly facilitate the circulation of Token

throughout the ecosystem and bring new vitality and opportunities to FEB.

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四、FEB Protocol And Technical Solution

4.1 Technical Design Concept

Efficient And Convenient：

High-performance blockchain technology is essential to the platform,

and FEB is redesigned from the ground up. Through the share authorization

certification mechanism, the FEB network can confirm more than 100,000

transmission transactions in one second on average.

Safe And Reliable：

As the top decentralized big data industry ecosystem in the future,

security issues are of paramount importance. FEB guarantees system

security through technical means and provides security for users.

Powerful Expansion Capability：

Due to the continuous development and progress of the entire project,

the advantages and disadvantages of the underlying framework directly

affect the future development scale of the project. FEB has designed a

highly compatible and scalable base framework that can handle any future

upgrades.

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4.2 Overall Technical Framework

The overall structure of the FEB platform consists of five levels:

Client: This layer focuses on mobile terminals, supports iOS / Android

systems, and accesses the service system.

Client API: This layer provides the iOS/Android development SDK for

mobile terminals using TCP and HTTP protocols according to different

service types. The web socket interface is located on the H5 page.

Access layer: This layer mainly protects the connections of a large

number of users, performs attack protection, corrects a large number of

connections to a small number of TCP connections, and communicates with

the logical layer.

Logical layer: This layer implements the core logic of the system,

such as private chat, announcements, information, and so on.

Storage layer: This layer is responsible for caching or storing

system-related data, including user status, message data, file data, etc.

The FEB system architecture technology has the following

implementation features:

Store data in memory

Store core business logic in one thread

Store encryption algorithm operations outside of core business logic

The check operation will be state independent and state related check

Use an object-oriented data model

By following these simple rules, FEB can achieve efficient

performance of processing 100,000 transfers per second without

destructive optimization. If there is further optimization work, the

processing speed of FEB will be further improved.

It should be noted that FEB implementations of this performance are

highly dependent on one of the compatible transaction protocols. If you

want to run business logic on a virtual machine that performs

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cryptographic operations and calls all objects with a hash recognizer,

it is impossible to achieve the same level of performance. Blockchains

are essentially single-threaded, and single-core CPU performance is one

of the most scarce and difficult to extend aspects of any resource. FEB's

technical logic makes this single-threaded execution as efficient as

possible.

4.3 Core Technical Features

4.3.1 Multiple Encryption Secure Storage

The FEB wallet encrypts the hot wallet while separating the cold

wallet from the hot wallet and storing multiple cold wallets in multiple

locations to form a multi-location and multi-center cryptographic

signature scheme. At the same time, it uses multi-signal P2SH and big data

privacy BIP32 technology to encrypt and transmit all data information.

In addition, the FEB wallet also creates a variety of signature algorithms,

such as rate limiting, address whitelist attachment, etc., combined with

the financial process system and the approval authorization system, not

only can fully guarantee the security of digital assets, but also make

the whole process safer and more convenient.

The funds in the FEB wallet are separate and managed separately. The

digital assets stored by the user are written to the block, and no one

can hold or trade except the private key holder. Human risk control and

automated risk management provide maximum control over investment risk.

The FEB wallet is a wallet compatible with multiple currencies. It uses

SHA512-ZERO encryption technology and a separate private key + dynamic

17

verification code to ensure data security on the FEB network. Since the

successful development of the FEB wallet, it has conducted hundreds of

anti-theft tests to maximize the security of user assets.

Since the invention of the Internet, blockchain technology has been

considered the most disruptive technological innovation. It relies on

encryption algorithms and hash functions, game theory and other basic

concepts of applied mathematics, without the need for third-party

intervention on the Internet that cannot establish trust, which allows

participants to reach consensus and resolve reliable trust at very low

cost. And value transfer problems.

4.3.2 Cross Chain Consensus

To meet the needs of users and developers, FEB will be designed as

a high-performance underlying operating system with Turing integrity,

supporting multi-asset cross-chain protocols and smart contracts.

The design process is as follows:

When preparing to recharge an external chain asset, the user can

import the wallet (to prove the ownership of the asset) through the FEB

wallet. The import process will be completely fragmented and the user's

private key will not be logged during this process.

Recharge the corresponding multi-signal managed wallet via imported

BTC, ETH or other supported wallets.

The node on the FEB will reload the transaction through the cross-link

protocol listener and invoke the mapped asset contract.

After the contract is successful and irreversible, the mapped asset

contract transfers the corresponding mapped asset to the user's FEB

wallet.

Users can use these mapped assets to use FEB-based DAPP.

Once used, the user can recharge the mapped assets back to the mapped

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asset account and have the right to withdraw funds from the offshore

assets.

Once the privilege is met, the attestation node will initiate a

proposal to withdraw the token. When more than 2/3 of the cross-link nodes

are signed, the out-of-chain asset will return the address of the user

Token.

When designing a cross-chain protocol plug-in, transaction

settlement will be affected due to differences in underlying performance

and blocking time. For example, BTC takes nearly an hour to get six

confirmation segments. If the user directly uses the BTC-based DAPP, its

efficiency will lag behind the EOS-based DAPP (EOS blocking time is 0.5

seconds).

FEB introduces a multi-signature delegation wallet mechanism that

helps users lock offline assets and distribute the same number of mapped

assets (such as DBTC, DETH) through cross-linking plug-ins, making users

more convenient, fast, and fair to use on the chain. DAPP.

DAPP developers can use FEB smart contract protocols that support

multi-chain assets. To improve system iteration efficiency, FEB uses

plugin organization. On this basis, we have added a cross-chain plugin

to help FEB-based users and DAPPs handle out-of-band assets.

4.3.3 Underlying Protocol And DAPP Development

Optimized and enhanced spaces are everywhere in the entire supply

chain. Based on the DAPP under the FEB public chain system, the

optimization of the overall supply chain level can be effectively

implemented for different links.

The FEB platform allows the development and distribution of FEB-based

blockchain applications. FEB provides an easy to use interface and access

to a full-featured ecosystem. With FEB, developers can build, publish,

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distribute, and achieve applications through application systems that

allow the use of custom blockchains, smart contracts, cloud storage, and

compute nodes.

FEB will provide a common application protocol for the underlying

protocol to develop different DAPP projects, and to make the blockchain

industry as fast as possible, to solve the various pain points in the

entire industry. For most developers, FEB as the underlying protocol

provided by the public chain can help it develop the corresponding DAPP

spontaneously according to the demand and market rules, instead of

spending time and effort to re-develop a blockchain system.

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4.4 Core Technology Advantage

4.4.1 Safe And Fast

The FEB system has the advantage of being safe and not tamperable.

In the process of big data information value transfer, the behavior record

submitted by the user can be verified by the system. According to the

intelligent contract of the blockchain, the system realizes the behavior

record and automatically generates the instruction. At the same time, the

block center will record the data of each link one by one. And update the

transaction value synchronously through the transaction data of the block

record.

Therefore, the user can obtain a safe, convenient and reliable big

data service, confirm the whole process in the behavior mode, and make

the process truly transparent, which effectively avoids the loss caused

by the theft of the attack, and enhances the user in the platform

transaction process. Safety, openness and transparency.

4.4.2 Point-To-Point Transmission

FEB realizes point-to-point direct exchange through unique

technology, and its core is to disperse the information interaction of

agents. FEB verifies the trust of ownership through digital signatures.

In fact, it is an algorithm to solve the point-to-point trust problem in

transaction processing. That is, the integrity and authenticity of the

transmission can be realized by the encryption algorithm, and the forced

automation of the trust execution can be realized by the smart contract,

and the trust source in the value transfer process can be realized by the

structural design. At the same time, credit creation and trust building

are completed in the transmission system through consensus-based

mathematical methods.

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4.4.3 Billing Is Convenient And Efficient

For FEB, the application of blockchain technology to billing greatly

simplifies the existing complex settlement process, and the platform

allows users to recharge various digital currencies into the wallet. It

is achieved through centralization and decentralization, which increases

security and takes into account the computing power of massive amounts

of data.

Through FEB's unique settlement system, the long-standing settlement

problems in the traditional industry will be solved in a targeted manner,

and the settlement will become faster and the threshold will be lower.

The improvement of settlement efficiency has made the entire industry

chain up and down qualitatively!

4.4.4 Perfect Information Sharing Management

Based on the advantages of blockchain technology, FEB can perfectly

solve many stubborn problems in the big data layer of the supply chain,

such as information asymmetry caused by large management span, weak

traceability, and difficulty in obtaining full-chain data.

FEB integrates the production, logistics, retail and consumption

links in the supply chain big data industry, and fundamentally realizes

the perfect and efficient management of the supply chain information level.

All participants are under a common network. In FEB's supply chain

management collaboration system, all participants are linked together,

logistics, information flow, and capital flow are all recorded, and each

node records all the dynamics in the supply chain at all times,achieve

collaborative work。

Due to the open and transparent point-to-point transmission, the

entire supply chain does not require third-party intermediaries, and

everyone can view it freely, ensuring transparency and authenticity, and

providing real and reliable information.

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In the end, thanks to FEB, traditional industries can optimize the

supply chain, allowing value to be efficiently transferred between the

upstream and downstream of the industry, achieving perfect supply chain

information sharing management, which greatly improves overall

efficiency and reduces costs.

4.4.5 Strong Public Chain System

Compared with other projects, FEB's public chain system has great

advantages and convenience.

It can coexist with the traditional central data system: it can carry

out secondary development of the business without changing the existing

centralized system, and can realize coexistence, seamless switching or

overall migration of new services and original services. In the actual

scenario where the blockchain application falls, how to achieve a more

friendly upgrade switch is the key.

Visualized smart contract generation templates: FEB provides open

smart contract templates, an open industry contract template library, and

intelligent contract generators for operators, greatly reducing the

threshold and flexibility of smart contract development. This will allow

more developers to join the FEB ecosystem.

Can be integrated with mainstream technology architecture: FEB

application development can be compatible with current major technology

architectures, adapt to the original technical framework of various

industries, and save the cost of migration.

System operation and maintenance automation: Through node

privatization deployment, node operation and maintenance automation and

second-level startup chain services can be realized, improving efficiency

and saving manpower.

Complete developer tools: support FEB development kit interface API,

community certification developers can easily call various functions and

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resources on the chain, and smoothly develop various types of DAPP to

target the market.

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4.5 Mining Mechanism

FEB will adopt a “behavior mining” model, and users can obtain Token

by participating in community ecological construction. In the FEB global

information sharing synchronization system, the user's various effective

behavior data, such as registration, consumption, browsing

advertisements, and active recordable platforms, are converted into

behavior value tags, and all records are wound up to obtain the

corresponding certificate reward FEB. FEB can be used for full-ecological

payment and appreciation, and can even be exchanged with other digital

currency transactions. As a result, the enthusiasm of the user will be

greatly activated, and the more the user behavior is, the more the pass

rewards will be obtained, which will prompt the user to provide data

spontaneously, thereby ensuring the data source of the platform.

For the platform, the information obtained is more comprehensive and

has a high degree of credibility. The increasing scale makes the value

of data rise in parallel. Enterprises and consumers can purchase data

analysis through payment pass to achieve accurate marketing. Generate

greater benefits, and encourage non-participating companies to actively

join the ecosystem, break down data islands, achieve resource integration,

mutual benefit and mutual benefit, and share win-win results!

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五、Token Equity Rules

5.1 Token release

FEB（Fair Efficient Business）Token，it is the official Token issued

by FEB. It is divided into two stages. The first stage is based on the

Ethereum erc-20 protocol. The second stage will be completed based on the

FEB main network. The total amount is 500 million.

FEB Token is the only business value delivery medium on the platform.

Used for various situations such as value empowerment, reward settlement,

information recording, and commercial operations. Token will take data

transmission as the main body, and other application scenarios will be

the entry point. It will play a role in global information sharing

synchronization system, information settlement system, multi-function

wallet, quantitative transaction, smart contract and other aspects to

help the development of global big data industry.

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5.2 Token Distribution

10% of institutions hold, 50 million pieces, purchased by

world-renowned institutions

10% Foundation, 50 million, held by the FEB Development Foundation

for the normal operation of FEB

2% public private placement, 0.1 billion, for public private

placement

6% team incentives, 0.3 billion, for team motivation and unlocked

conditionally

5% of media announced, 25 million pieces, used for project media

announcementl

7% developer incentives, 35 million, encourage developers to develop

DAPP

5% of exchanges cooperated, 25 million pieces, used for exchanges,

etc.

40% mining, 200 million pieces, used for mining

5% of community incubations, 25 million, for high-quality user

community incubation, construction, incentives

10% ecological construction, 50 million pieces, used to build the

overall ecological scene of FEB

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5.3 Issue Locks And Team Incentives

After the FEB is officially launched, the rules for issuing locks and

team incentives are as follows:

A total of 2% of the total, 10 million FEB will be used for public

private placement sales at a price of 0.15USDT, which is not locked.

A total of 6%, a total of 30 million FEBs for team incentives, of which

25 million are locked. When FEB officially goes online, every time the

exchange price doubles against the private placement price and stays for

more than 3 hours, the team Holding FEB will unlock 5 million pieces as

an incentive until unlocking the full 25 million locks.

10% of the total, a total of 50 million FEBs are purchased and locked

by world-renowned investment institutions. When FEB officially goes

online, the price doubles and maintains 3 hours after the private

placement price doubles, and directly unlocks 10 million FEBs. 40 million

FEBs will be unlocked at a fixed rate three months after the official

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launch of the exchange, and will eventually be released within one year.

5.4 Token Ecosystem

As a blood flow throughout the ecosystem, FEB Token plays a pivotal

role and is widely used in many applications.

DAPP circulation: FEB Token can use circulation in each DAPP in the

chain, as a hub for maintaining each other, combining different DAPPs and

empowering them.

Financial profitability: Users can participate in the quantitative

financial management of FEB Token in their hands, gain income in the form

of locked positions, and enjoy the constant increase in wealth while

enjoying low risk or relatively high income.

Deduction of Fees: FEB Token will directly deduct the handling fee

when users with FEB Token perform various types of corresponding

operations under the entire FEB ecosystem. This is accompanied by a

certain discount. We encourage users to hold FEB Token. Deducting the

handling fee, thereby reducing the loss caused by the handling fee,

reducing the loss and obtaining higher income.

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5.5 Token Appreciation Mechanism

In order to enhance the value of FEB Token, FEB will destroy, lock

and repurchase Token in a series of ways to enhance the scarcity of Token

and enhance its value:

The FEB platform will repurchase Token in a certain proportion in the

future, and the Token after the repurchase will be transferred to a fixed

and public address to complete the destruction, which can be viewed by

everyone.

In the future, FEB will launch DAPP, and DAPP will bring huge dividends

to FEB, which includes a unique operating mechanism. At the same time,

in the DAPP on the FEB, the user can participate in the ecological

construction using the Token, and finally obtain the dividend bonus

brought by all the DAPPs in the chain, and obtain a large amount of income.

In the end, users will continue to spontaneously promote DAPP and

Token under the incentive of the dividend mechanism to achieve fission

promotion and form a dynamic and valuable user community. At the same time,

in this process, Token’s value, liquidity, and user engagement are also

increasing.

All of the above methods will surely keep Token locked, destroyed,

and flowed, reach a community consensus, and ultimately promote the value

of Token. Not only that, but the future project party will launch more

DAPPs, and make unremitting efforts to enrich the application scenarios

and ecosystem of FEB！

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六、FEB Development Foundation

The FEB Development Foundation was approved and officially

established in Singapore in 2019, writing a solid chapter in the history

of FEB development.

The establishment of the Foundation is the first step in establishing

an application ecosystem for FEB. Based on the principles of development

cooperation and mutual benefit, the Foundation will work with partners

to achieve ecosystem growth while achieving personal value.

The FEB Development Foundation has established a sound organizational

structure and working charter. It is positioned as a non-profit

organization dedicated to expanding the FEB ecosystem to serve

communities, eco-partners and technology developers while serving FEB's

day-to-day operations. Support and maintain the advanced nature of FEB's

underlying public chain and application chain technologies and increase

the impact of FEB in the industry.

FEB Development Foundation Planning:

Main network construction fund-It is mainly used for the construction

of FEB main network and vulnerability discovery to encourage developers

to participate in the construction of FEB main network.

Developer Community Support Fund-It is used to encourage excellent

development teams or individuals to participate in the development of the

FEB main network DAPP, to solve short-term problems caused by developer

funds, and to rapidly expand the FEB ecosystem.

User community building fund-For each node in the world, building a

high-quality user community and achieving the important goal of FEB

globalization, FEB believes that a prosperous user community is a

guarantee of project success. Any ecosystem is inseparable from the

support of the basic users.

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七、Project Future Development Plan

FEB will continue to release updates in the future, when FEB will open

the source code of the blockchain for developers to try and develop on

this basis.

The FEB Foundation will continue to collect feedback from the

community about the public chain of the FEB blockchain. In particular,

this work focuses on ensuring the security, performance, and scalability

of the protocol and implementation.

The FEB Foundation will build well-documented APIs and libraries to

enable interaction between users and the FEB blockchain public chain.

The FEB Foundation will create a framework for collaborative

technology development behind FEB and establish appropriate procedures

for discussing and reviewing changes to the underlying protocol and

software for the blockchain.

FEB will conduct extensive testing of the main chain and work to

promote the FEB ecosystem. Once the ecological development has stabilized,

the FEB Foundation will create smart contracts for more large institutions

and establish corresponding paths.

The FEB Foundation will work with the community to overcome challenges

on the road to building the world's top big data information industry

platform.

FEB will select social impact partners with whom we have a common

mission and work with them to establish social impact advisory committees

and develop social impact plans.

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八、Team

Jack Fu

CEO of FEB project, with 8 years of traditional investment experience,

served as senior analyst of Capital One Financial Corp and senior manager

of Brookfield Asset Management. Vice President of the Silicon Valley

Blockchain Association; blockchain angel investors, evangelists; Early

investors of NEO and Tron.

Linda Xie

Head of FEB project, graduated from Cambridge University with a degree

in Computer Science. She was a senior product manager at BUPA and a product

director for inter-institutional systems at Bank of Scotland. In 2016,

she joined the blockchain industry.

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Thomas Li

CTO of the FEB project, graduated from Zhejiang University with a

computer science major and 6 years of development experience. Former

Arinjury senior engineer. He is a code contributor to several open source

blockchain projects, such as HyperLedger, OmiseGo, etc., familiar with

Go, C++, Ruby, and deeply understands the Ethereum Project architecture.

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九、Precautions And Risk Tips

This document is for informational purposes only and does not

constitute an opinion regarding the sale and purchase of FEB. Any similar

offer or solicitation will be made under a trusted term and with the

applicable securities laws and other relevant laws, and the above

information or analysis does not constitute investment decisions or

specific recommendations.

This document does not constitute investment advice, investment

intentions or educational investment in the form of securities. This

document is not intended to be an understanding or offer of any purchase

or sale, or any invitation to buy or sell any form of securities, nor is

it a contract or commitment of any kind. FEB clearly indicates that the

relevant intention users have a clear understanding of the risk of FEB.

Once the investor participates in the investment, he understands and

accepts the risk of the project and is willing to personally bear all the

corresponding results or consequences. FEB expressly disclaims any direct

or indirect losses caused by participation in the FEB project.

include:

1.Economic loss due to user trading operations;

2.Any errors, omissions or inaccuracies arising from personal

understanding;

3.Loss caused by various blockchain assets of the individual

transaction and any resulting behavior;

4.FEB is not an investment. We cannot guarantee that it will add value,

and in some cases, there is a possibility of a decline in value;

5.FEB is not a form of ownership or control. Controlling FEB does not

represent ownership of FEB or FEB applications;

6.FEB does not grant any individual any participation, control, or

any right to make decisions about FEB and FEB applications.

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十、Reference

[1] Hassani H, Huang X, Silva E. Banking with blockchain-ed big data[J].

Journal of Management Analytics, 2018, 5(4): 256-275.

[2] Nakamoto S. Bitcoin: A peer-to-peer electronic cash system[J]. 2008.

[3] Zikopoulos, Paul, and Chris Eaton. Understanding big data: Analytics

for enterprise class hadoop and streaming data. McGraw-Hill Osborne Media,

2011.

[4] McAfee, Andrew, et al. "Big data: the management revolution." Harvard

business review 90.10 (2012): 60-68.

[5] Wu, Xindong, et al. "Data mining with big data." IEEE transactions

on knowledge and data engineering 26.1 (2013): 97-107.

[6] Crosby, Michael, et al. "Blockchain technology: Beyond bitcoin."

Applied Innovation 2.6-10 (2016): 71.

[7] Karafiloski, Elena, and Anastas Mishev. "Blockchain solutions for big

data challenges: A literature review." IEEE EUROCON 2017-17th

International Conference on Smart Technologies. IEEE, 2017.

[8] Liu, Paul Tak Shing. "Medical record system using blockchain, big data

and tokenization." International conference on information and

communications security. Springer, Cham, 2016.

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