The AirChain - Fx empire€¦ · not be possible without air transport. The pharmaceutical industry banks on air transport for its speed and efficiency in transporting high-value,

W H I T E P A P E RThe AirChain

The AirChain Whitepaper 1

DISLAIMER

INDUSTRY OVERVIEW

PROJECT INTRODUCTION

HOW DOES IT WORK

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General Information

Knowledge Required

Risks

Important Disclaimer

Representative and warranties

What will Airchain solve?

Fuel Scarcity

Security

Lack of Innovative Technology

Lack of Transparency

Understanding Smart Contract

Key Characteristics of Blockchain

Smart Contract

TABLE OF CONTENTS


THE AIRCHAIN ECOSYSTEM

THE INITIAL COIN OFFERING

ROADMAP

CONCLUSION

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The ANK Token

Advantages of the Airchain Token

The Proof of Receipt

The ANK Mobile Application

TABLE OF CONTENTS


DISCLAIMERGENERAL INFORMATION

IMPORTANT DISCLAIMER

The Airchain does not have the legal qualification of a security, since it does not give any rights to dividends or

interests. The sale of Airchain is final and non-refundable. Airchain are not shares and do not give any right to

participate to the general meeting of Airchain board of director. Airchain cannot have a performance or a particular

value outside the Airchain Platform. Airchain shall therefore not be used or purchased for speculative or investment

purposes. The purchaser of Airchain is aware that national securities laws, which ensure that investors are sold

investments that include all the proper disclosures and are subject to regulatory scrutiny for the investors' protection,

are not applicable. Anyone purchasing Airchain expressly acknowledges and represents that she/he has carefully

reviewed this white paper and fully understands the risks, costs and benefits associated with the purchase of Airchain.

This white paper shall not and cannot be considered as an invitation to enter into an investment. It does not constitute

or relate in any way nor should it be considered as an offering of securities in any jurisdiction. This white paper does

not include or contain any information or indication that might be considered as a recommendation or that might

be used as a basis for any investment decision. Airchain are just utility tokens which can be used only on the Airchain

platform and are not intended to be used as an investment. The offering of Airchain on a trading platform is done in

RISKSKNOWLEDGE REQUIRED

The purchaser of Airchain undertakes that she/

he understands and has significant experience

of cryptocurrencies, Blockchain systems and

services, and that she/he fully understands

the risks associated with this as well as the

mechanism related to the use of cryptocurrencies

(incl. storage). Airchain shall not be responsible

for any loss of Airchain or situations making it

impossible to access Airchain, which may result

from any actions or omissions of the user or any

person undertaking to acquire Airchain as well as

in case of hacker attacks.

Acquiring Airchain and storing them involves various

risks, in particular the risk that Airchain may not

be able to launch its operations and develop its

Blockchain and provide the services promised.

Therefore, and prior to acquiring Airchain, any user

should carefully consider the risks, costs and benefits

of acquiring Airchain in the context of this whitepaper

and, if necessary, obtain any independent advice

in this regard. Any interested person who is not in

the position to accept or to understand the risks

associated with the activity (incl. the risks related to

the non-development of the Airchain platform) or any

other risks as indicated in this Terms & Conditions

should not acquire Airchain.


order to allow the use of the Airchain platform and not for speculative purposes. The offering of Airchain tokens on

a trading platform does not change the legal qualification of the tokens, which remain a simple means for the use of

the Airchain platform and are not a security. Airchain is not to be considered as an advisor in any legal, tax or financial

matters. Any information in the white paper is provided for general information purposes only and Airchain does not

provide any warranty as to the accuracy and completeness of this information. Airchain is not a financial intermediary

according to Swiss law and is not required to obtain any authorization for Anti Money Laundering purposes. Acquiring

Airchain shall not grant any right or influence over Airchain’s organization and governance to the Purchasers.

Regulatory authorities are carefully scrutinizing businesses and operations associated to cryptocurrencies in the

world. In that respect, regulatory measures, investigations or actions may impact Airchain’s business and even limit or

prevent it from developing its operations in the future. Any person undertaking to acquire Airchain must be aware of

the Airchain business model, the white paper or terms and conditions may change or need to be modified because of

new regulatory and compliance requirements from any applicable laws in any jurisdictions. In such a case, purchasers

and anyone undertaking to acquire Airchain acknowledge and understand that neither Airchain nor any of its affiliates

shall be held liable for any direct or indirect loss or damage caused by such changes. Airchain will do its utmost to

launch its operations and develop the Airchain platform. Anyone undertaking to acquire Airchain acknowledges and

understands that Airchain does not provide any guarantee that it will manage to achieve it. They acknowledge and

understand therefore that Airchain (incl. its bodies and employees) assumes no liability or responsibility for any loss or

damage that would result from or relate to the incapacity to use Airchain, except in case of intentional misconduct or

gross negligence.

REPRESENTATION AND WARRANTIES

By participating, the purchaser agrees to the above and in particular, they represent and warrant that they:

have read carefully the terms and conditions attached to the white paper; agree to their full contents and

accept to be legally bound by them;

are authorized and have full power to purchase Airchain according to the laws that apply in their jurisdiction of

domicile;

live in a jurisdiction which allows Airchain to sell Airchain through a without requiring any local authorization;

are familiar with all related regulations in the specific jurisdiction in which they are based and that purchasing

cryptographic coins in that jurisdiction is not prohibited, restricted or subject to additional conditions of any

kind;

will not use Airchain for any illegal activity, including but not limited to money laundering and the financing of

terrorism;

have sufficient knowledge about the nature of the cryptographic coins and have significant experience with,

and functional understanding of, the usage and intricacies of dealing with cryptographic coins and currencies

and Blockchain-based systems and services;

purchase Airchain because they wish to have access to the Airchain platform;


FORWARD LOOKINGSTATEMENTSAll statements contained in this White paper, statements made in press

releases or in any place accessible by the public and oral statements that may

be made by Airchain or their respective directors, advisors, executive officers

or employees acting on behalf of Airchain, that are not statements of historical

fact, constitute “forward looking statements”. Some of these statements can

be identified by forward-looking terms such as “aim”, “target”, “anticipate”,

“believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”,

“probable”, “project”, “should”, “would”,

“will” or other similar terms. However, these terms are not the exclusive means

of identifying forward-looking statements. All statements regarding Airchain

financial position, business strategies, plans and prospects and the future

prospects of the industry which Airchain is in are forward-looking statements.

These forward-looking statements, including but not limited to statements as

to Airchain’s revenue and profitability, prospects, future plans, other expected

industry trends and other matters discussed in this White Paper regarding

Airchain are matters that are not historic facts, but only predictions. These

forward-looking statements involve known and unknown risks, uncertainties

and other factors that may cause the actual future results, performance or

achievements of Airchain to be materially different from any future results,

performance or achievements expected, expressed or implied by such forward-

looking statements. These factors include, amongst others: (a) changes in

political, social, economic and stock or cryptocurrency market conditions,

and the regulatory environment in the countries in Airchain conducts its

respective operations; (b) the risk that Airchain may be unable or execute or

implement their respective strategies and future plans; (c) changes in interest

rates and exchange rates of fiat currencies and cryptocurrencies; (d) changes

in the anticipated growth strategies and expected internal growth of Airchain;

(e) changes in the availability and fees payable to Airchain in connection with

their respective businesses and operations; (f) changes in the availability and

salaries of employees who are required by Airchain to operate their respective

businesses and operations; (g) changes in preferences of participants of

Airchain; (h) changes in the future capital needs of Airchain and the availability

of financing and capital to fund such needs; (I) war or acts of international or

domestic terrorism; ( j) occurrences of catastrophic events, natural disasters

that affect operations of Airchain; (k) other factors beyond the control of

Airchain; and (l) any risk and uncertainties associated with Airchain and its

businesses and operations, including the tokens.


INDUSTRY OVERVIEW

The transportation industry is a big and

important industry in life. Especially in

the air freight sector. From the practical

point of view, nowadays, the demand

for air cargo transportation is huge,

with a large volume of cargo and a wide

variety of cargo, we build an ecosystem

that, their users can connect with each

other easily to sign their package at

the cheapest cost, highest security,

convenience and intelligence. The

special feature of this project is that

we apply Blockchain technology with

preeminent features of decentralization,

using smart contract to address the

problems of Transparency, Safety

and Flexibility in the system. eco-

transport in particular and in the entire

transportation industry in general.

For the simplest and most comprehensive view, we can look

at the following example: Tom has a flight from Berlin to Seoul

and luggage empty 5kg of portable. Maria living and working in

Berlin want to send her friend in Seoul a 5kg gift parcel. If Maria

sent by conventional means of transport such as DHL, GRS, etc.

the cost is quite high and the waiting time is long. Maria and

Tom meet and exchange their needs at the Airchain ecosystem.

And just the next day, Maria’s package arrived at his friend’s

best cost, safely and quickly. And Tom, he has more income

without any effort due to the sale of his empty baggage. At the

same time, his credibility at Airchain was one level higher after

successful transactions.


Air transport is a crucial tool for manufactured trade, especially cross border trade.it has been

forecasted by the IATA that the value of international trade shipped by air this year will be USD 5.5

trillion, which represents less than 1% of world trade by volume, but over 35% by value. That is

equivalent to USD18.6 billion worth of goods every day. Air cargo is a major source of strength to

many areas of modern life. Moving perishable goods from one side of the world to the other would

not be possible without air transport.

The pharmaceutical industry banks on air transport for its speed and efficiency in

transporting high-value, time and temperature sensitive cargo, particularly vaccines. USD12 billion

is spent worldwide on cold chain biopharma logistics. By 2020, it is estimated that this will rise to

USD16.7 billion.

In recent times, carriage of live animals by air is considered the most sensible and respectable

method of transportation over long distances to avoid death or health related complications due to

long distances travels.

E-commerce platforms such as Amazon, Alibaba, eBay etc. have generated billions in revenue by

using air freight for express delivery of Goods and services.

EXPRESSDELIVERY


PROJECT INTRODUCTION

To disrupt the global air freight market.At Airchain we have a simple mission:

We stand for any business that wants to raise and build a world class delivery system. We stand for

any investor who wants to buy shares in businesses they believe in. That’s why we created Airchain

platform. To connect businesses directly to investors, using Blockchain. To make buying, selling and

delivery of products and services easy.

Our platform is already available as a prototype on our website. It provides solutions to the problem

of air freight industry by facilitating fast and efficient delivery of goods and services by air for large

enterprises and smaller businesses alike.

We offer business owners access to the sophisticated tools and techniques of the freight industry. For

less the stress and price. We are creating a business opportunity for investors we provide direct access

to a huge range of offers previously available to institutional investors, for zero fees.

Our cutting-edge approach Is to help business and logistic companies to deliver products of goods and

services, whilst our use of Blockchain technology removes duplication, ensure distribution and enforces

transparency. We allow investors and businesses to exchange goods and service on for fiat or crypto-

currency in a transparent, tamper proof and immutable distributed ledger.


WHAT WILL AIRCHAIN SOLVE?

Fuel

One of the major pressing issues facing the cargo industry is the constant hikes in fuel price.

According to statistics, the average cost of a gallon of jet fuel has more than doubled, from 75 cents per gallon in 2001

to $2.01 in the first seven months of 2006—the equivalent of about $68 a barrel on average this year. At one point, jet

fuel prices reached as high as $2.50 a gallon.

With this constant increase in fuel price, the air cargo is seemingly expensive and often cannot be afforded by an

average business or enterprises.

“Two years ago, fuel represented approximately 22 percent of direct operating costs for

airlines,” Laird notes. “Today, for most wide body planes, fuel now represents a greater

percentage of total operating costs.”

Ned LairdMANAGING DIRECTOR OF AIR CARGO MANAGEMENT GROUP, SEATTLE.

Security

Security has been one of the major threat of the air cargo industry, terrorist activities has been on the rise since the late

2000, their activities has crippled air cargo freights as cargo planes are targets of hijacks and bombings. These activities

are making companies reconsider the use of air freights

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Adoption of innovative technology

Lack of transparency

The air freight has always been a traditional industry with little or no change in the use of technologies, with the Uber

style of business model, the air freight industry us yet to adopt this approve, making it backward and out of date.

The air freight industry has been inefficient in logistics and inventory has also crippled the air freight industry, making

it not to be at her best performance.

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HOW DOES IT WORK UNDERSTANDING SMART CONTRACT

A Blockchain is a peer-to-peer distributed ledger (information recorded in a shared

database) that enables open and trusted exchanges over the internet without using

central servers or an independent trusted authority. Using consensus, a shared record

it is distributed to all participants in a network to validate transactions and remove the

need for a third-party intermediary. In short, Blockchain facilitate transparent, verifiable,

and secure digital asset transactions with both proof of rights and ownership.


Blockchain has its origins in the secure exchange of digital currency – such as Bitcoin – but its applicability is extending

far beyond digital payments and into a number of different industries including financial, healthcare, government and

even telecommunications. In fact, the number of use cases for Blockchain is actually quite astounding:

Due to its distributed nature, the database is decentralized with a copy of the entire

record available to all users and participants of the peer-to-peer network. Additionally,

it requires participants to authenticate and verify each new block and only adds with

majority consensus. By storing information in multiple cryptographically validated ledger

copies across a network, Blockchain eliminate single points of failure, hacking attacks, or

control by any single entity.

Because the Blockchain is decentralized and digitally distributed across a number of

computers, it eliminates the need for expensive infrastructure as well as the need for

central authorities or third-party intermediaries. More importantly, it increases the speed

of exchange between people, departments, etc.

Blockchain are encrypted using both public and private keys to maintain security as well

as using both cryptography and digital signatures to prove identity. Furthermore, because

each block is linked to a preceding block, it is virtually impossible to change historical

records as each block has a permanent timestamp that allows for tracking and verifying

information.

Central to how the Blockchain works is the creation of trust by the means of clever

cryptography to establish a consensus on the Blockchain ledger that a particular

transaction has actually occurred. Once consensus is reached that transaction cannot be

amended or tampered with and becomes an immutable and time-stamped record on the

digital ledger. This gives any person looking at the Blockchain ledger a very high degree

of confidence that the transactions detailed did in fact take place. for the first time ever,

we have a platform that ensures trust in transactions and much recorded information no

matter how the other party act.

Key characteristics of Blockchain include the following:

TRUST TRANSPARENCY AND NEUTRALITY:

SPEED AND EFFICIENCY:

SECURITY AND IMMUTABILITY:


SMART CONTRACTS

Smart contracts are the key element of Ethereum Blockchain. In them any algorithm can be encoded. Smart contracts

can carry arbitrary state and can perform any arbitrary computations. They are even able to call other smart contracts.

This gives the scripting facilities of Ethereum tremendous flexibility. Smart contracts are run by each node as part of

the block creation process.

Just like Bitcoin, block creation is the moment where transactions actually take place, in the sense that once a

transaction takes place inside a block, global Blockchain state is changed. Ordering affects state changes, and just like

in Bitcoin, each node is free to choose the order of transactions inside a block. After doing so a certain amount of work

must be performed.

Match Buyer with Seller

ExchangeContract receives assets

Contract distributes assets

Digitise the Land Deed

Sell House Buy House

Clearing and settlement is automated

Ownership isundisputed


The transparency of events along the supply chain via the Blockchain is

itself a major enabler of faster payments and improved financing, increased

efficiency, reduced risk of fraud, and lower costs. Exchanging information

related to these events in a distributed ledger facilitates trigger events

that need to take place for goods to arrive at their final destination and

for suppliers to receive payment. But, the capability of the Blockchain

to facilitate these trigger events does not end with the mere exchange of

information along a supply chain.

The use of smart contracts to not only trigger events but actually carry them

out automatically represents a bold evolution that is being actively explored

by a few today. Smart contracts are self-executing computer codes that

automatically carry out functions once a triggering event has taken place. It

is a linear contract that can include multiple parties (investors, borrowers,

buyers, sellers etc.) and that cannot be altered.

For example, if a smart contract is written between a Parcel owner and the

Airchain delivery to say that once the parcel arrives safely in the delivery

process, 80% of the funds will be released to the individual who delivers

the parcel, a smart contract would automatically disburse payment once

confirmation is entered into a distributed ledger that the delivery process

has closed.

The confirmation of approval by the delivery process is not a triggering

event requiring action by a bank; the payment is automatically made once

confirmation has been entered into the system. With a smart contract,

legal stipulations are embedded in the computer code, which enables

the automatic execution of functions defined by a legal contract. It also

provides protection against duplicate and double spend, as the contract will

not allow for a parcel that has already been paid for to receive additional

payment.

A smart contract, therefore, acts as an application layer that is built on the

Blockchain. The development of the Blockchain that supports the smart

contracts we are developing is already built and readily available and

globally known as Ethereum Virtual Machine ‘EVM’ in a number of countries.

Some see smart contracts as the future of the Blockchain, as they enable

more efficiencies in legal contracts through a decrease in manual processing

and initiation of contract terms, risk reduction through the elimination

of manual errors and duplicate financing, which could make value

propositions such as micropayments more feasible.


THE AIRCHAINECOSYSTEM

With the ANK token an access to a peer to peer platform where

speed and transparency are accessible and a community that

will helps each other strive and grow the ecosystem of the air

freight.

The Airchain token will give the token holders the right to claim

right over parcels sent on the Airchain platform and obtain real

time tracking scores for certain entities which have a sufficient

track record on the Ethereum Blockchain. The Airchain token

allows the community members send parcel on the ecosystem

and make more income. With the ANK token you can pay for

parcels fee and exchange parcels and income on a peer to peer

level without intermediary or regulatory fees.

THE ANK TOKEN

Advantages of Airchain token

Early purchases will be rewarded with tokens;

Airchain tokens will increase in value as the

reserve continues to grow while creating

liquidity in the travel insurance market;

Airchain tokens disrupt the traditional Air

freight travel market by introducing parcel

delivery at Zero cost!

Folks of all walks are able not only to monetize

a traditional sunk cost, but also have access to

a continuous stream of income while still active

in Airchain Ecosystem;

The reserve is fixed as per market capitalization


THE ANK MOBILE APPLICATIONA UNIQUE MOBILE APPLICATION WITH AMAZING FEATURES

Our application is a unique application. You will

be able to track your parcels, good and services.

You will be able to add friends, family and others

to your own friend. You can easily send and receive

coins from people in your friend list. You will

be able to chat with your contacts, through our

encrypted chat function. 100% secure wallet to

wallet chat function (peer to peer). Your profile can

be linked to the App; People see your review history

which helps your credibility on the ecosystem.

PROOF OF RECIEPT

A proof of receipts is a smart contract encoded document on the Ethereum Blockchain, that contains the information

to cryptographically verify a piece of data is anchored to a Blockchain. It proves the data existed at time it was

anchored. The Airchain proof of receipts can be verified without reliance on a trusted third party.


THE ICO ( T H E I N I T I A L C O I N O F F E R I N G )

The Airchain ICO crowd sale will be launched on 2018. Check the Airchain website at airchain.org for the latest

information. The ICO will feature coins for sale and coins will be reserved for the bounty program, if coins are not sold

they will be burned with proof of burn after the ICO. The founders will hold zero pre-mined coins. This is fair and may

give purchasers confidence that there is no “pump and dump” going to happen by the founders. This is also why we do

not hold a pre-sale. We do not want people to hold cheap coins, just to sell them right after the ICO.

THE AIRCHAIN ICO DETAILS

TOKEN SALES

TOKEN TOTAL SUPPLY

10 Billion Airchain Token

SOFT CAP

$3 Million

HARDCAP

$35 Million


FUND DSITRIBUTIONS

AIRCHAINFUNDS

DISTRIBUTION

Presale + public sale: 50% Bounty + referral: 6%

Founding team: 30% Advisors: 3%

Partnership + ecosystem: 11%


ROADMAP

2 QUARTER 2017:

1 QUARTER 2018:

4 QUARTER 2017:

2&3 QUARTER 2018:

1 QUARTER 2019:

3 QUARTER 2017:

APRIL 2018:

JANUARY 2018:

4 QUARTER 2018:

ROADMAP VERSION 2.0 RELEASE.

Ideas and market research

Token presale & start of the token sale

Searching for business partners

Ideas and market research

Full-functionality operationing product with own Blockchain Mainnet

Applied research on mobile platform

Token sale finish, release alpha application

Token sale preparation

Own Blockchain Testnet


CONCLUSION

There is no better way to create prosperity and wealth

distribution. As more people are participating and sharing in the

new economy, our lives and prosperity can only improve.

Technologies are reshaping and disrupting the traditional

business model. The tiny savings realized by each individual

in a particular economic sector will add up and be utilized in

other areas such as health care, education, etc. Airchain believes

in this transformation and is poised to bridge the gap in the

sharing economy. The air freight travel industry will be safer

and efficient if Airchain is adopted. Airchain Token is structured

in a dynamic way such that it betters the travel ecosystem, with

Airchain powered by the disruptive features of Blockchain, its

potentials are limitless and anyone who truly wants to create

sufficient wealth for him/ her.

All of the AIRCHAIN roadmap offerings are proven technologies

that exist in today’s society, but the AIRCHAIN Project is uniquely

capable of bringing all of these concepts, technologies and

business uses together in one offering that will be continuously

upgraded, and can bring together everyone into an inclusive,

efficient, more empowered Community.

This is a unique opportunity to get into some of the fastest

growing economic segments in the world, with a participation in

an initial Token sale.

Documents

The AirChain - Fx empire€¦ · not be possible without air transport. The pharmaceutical industry banks on air transport for its speed and efficiency in transporting high-value,