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2020

TCT OFFICE TCT

20/07/2020

TRANSPORTCOIN TECHNOLOGY

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TRANSPORTCOIN TECHNOLOGY

The white paper

Enabling end to end digital solutions leveraging blockchain

Technology for transportation ecosystem.

Contents:

1) Introduction :

Abstract

Overview

Problems

Our Vision

2) Ecosystem:

Technology

The Transport coin token

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3) Business Plan:

Team

Partners

Funding and budget

Investment plan

Affiliate program

Revenue model

Road map

Future development

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1. Introduction:

A blockchain is essentially a distributed database of records or

public ledger of all transactions or digital events that have been

executed and shared among participating parties. Each transaction in the public ledger is verified by consensus of a majority of the

participants in the system. And, once entered, information can

never be erased. The blockchain contains a certain and verifiable record of every single transaction ever made. To use a basic

analogy, it is easy to steal a cookie from a cookie jar, kept in a

secluded place than stealing the cookie from a cookie jar kept in a market place, being observed by thousands of people.

Bitcoin is the most popular example that is intrinsically tied to

blockchain technology. It is also the most controversial one since it helps to enable a multibillion-dollar global market of anonymous

transactions without any governmental control. Hence it has to deal

with a number of regulatory issues involving national governments and financial institutions.

However, Blockchain technology itself is non-controversial and has worked flawlessly over the years and is being successfully

applied to both financial and non-financial world applications. Last

year, Marc Andre essen , the doyen of Silicon Valleyʼs capitalists , listed the blockchain distributed consensus model as the most

important invention since the Internet itself. Johann Palychata from

BNP Paribas wrote in the Quintessence magazine that bitcoinʼs blockchain, the software that allows the digital currency to

function should be considered as an invention like the steam or

combustion engine that has the potential to transform the world of finance and beyond.

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Abstract:

Consider the magnitude of the logistics industry. Looking back through history, the wheel is essentially the cornerstone of modern

civilization. It brought us transportation, and transportation

afforded us the systematic transfer of goods. From farm to market, and from market to table, the movement of products in bulk has

been the single most important adaptation of the last 10,000 years.

Trade, in turn, is our second oldest and most important pivot. From long-distance trading, our econo- mies were established, which

allowed modern civilizations to thrive. The oldest coin-based

currency can be thought of as a proxy for trading values greater than two hands can carry, or for trading commodities that arenʼt

physically available nearby, and so currency itself necessitates

logistics. Together, trade and logistics form the backbone of human achievement.

Despite the revolution brought on by the advent of the cart, the

ship, the engine, and the airplane, the shipping industry as a whole has been one of the slowest markets to adapt and evolve over the

past century. The Information Age has disrupted nearly every

major workforce on the planet. Globalization has opened new trade routes, technology has changed the way we shop and spend, and so

naturally, the demand for shipping has reached an all-time high.

Itʼs no wonder that most shipping customers are shocked and dismayed to find their brokers still relying on artifacts like paper

records, written manifests, and spoken words to get cargo from

point to point. Itʼs time for a breakthrough in how we handle freight. Blockchain technology is often characterized as

“disruptive” because it can revolutionize the way we interact as a society. Distributed ledgers are disruptive for ancient business

models in the same way email disrupted the mailbox. Applied

correctly, a blockchain will facilitate the digitization of record- keeping processes related to the trade of assets, even in scenarios

when intermediaries and brokers are incentivized to resist

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revolution. The blockchain can improve the transportation of

commodities in every country, across the entire globe, and beyond. Weʼre launching Transportcoin Technology to make that leap

possible.

Overview:

Transportcoin technology development has been set in the

following stages:

1. Freight platform – development of the global Freight platform, utilising Smart Contracts (Smart Bill of Lading,

Smart Letter of Credit, etc.), referred to as the platform in

this whitepaper. The platform connects importers, exporters, freight forwarders, booking agents, ship brokers, ship

owners, and investors etc. into a single unified marketplace.

2. Inland platform – development of the global inland transport platform, utilising Smart Contracts. The inland

platform will cover all ground based transport, such as trucks,

railroad, pipes, etc.

3. Cargo all-purpose platform – development of a

marketplace, utilising Smart Contracts, allowing

manufacturers to showcase their produce and connect them directly with customers, through an established link to the

ship and inland transport platforms.

4. Air cargo platform – development of air cargo transport, utilising Smart Contracts, including cargo planes, cargo

choppers and drones.

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Problems:

The size of the transport industry is tremendous – the global value of the seaborne trade itself is over $12 trillion (WTO

statistics). The value of freight rates is USD 380 Billion is 2017

(UNCTAD). Although the shipping industry is one of the largest economic sectors it is the least technologically advanced

one. Today paper documents are issued for all shipped cargoes,

no matter of the transport means. All original documents are being sent by couriers, taking time and money. All cargoes and

freights are being paid for in traditional ways – via bank wire

transfers or letter of credit. Those are expensive, slow and non- confidential methods. Increasingly more often USD and EUR

transactions are being blocked for weeks by US correspondent

banks. Anyone in the industry has encountered that problem. Original documents delivery delays and money transfer delays

cause unaccounted extra costs, opportunity cost & depreciation

of assets, while disturbing a long supply chain. The Transportcoin blockchain technology delivers revolution of the

trade & transport by fostering optimisation. It will eliminate a

number of problems

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1. Reducing Fraud – Transportcoin technology minimises the

risk of fraud and in many cases completely eliminates it, by not releasing any payments until the counter partiesʼ pre-set conditions

are met & publicly available proof of the payment has been made

or secured in a smart escrow utility. Payments will be guaranteed by default. Fraudulent endorsement and duplication of ownership

documents is ruled out.

2. Lowering Costs – Transportcoin technology will significantly reduce costs , compared to high percentages and other fine print

fees that are charged through the whole process by banks, couriers,

insurers, brokers, agents, lines, etc. Guaranteed payments will not incur any costs, as it is the case with Bank L/C at the moment.

3. Minimising Delays – Transportcoin technology avoids the

delays by providing instant exchange, review and approval of documents and payments between the parties involved. Further

delays are caused by different time zones, different public

holidays, etc. The blockchain is always at work 24/7 and does not depend on human intervention. It is estimated that payment delays

alone cost around $19 billion per year (*UNCATD) in losses.

4. Increasing Trust – Transportcoin technology relies on the public infrastructure of the Ethereum blockchain, backed by

thousands of people in a peer-to-peer decentralized infrastructure.

Using a proven and trusted technology speaks for itself.

5. Securing Information – Transportcoin technology is naturally

secured. It relies on the blockchainʼs proven hashing algorithm technology. There is no possibility of sensitive commercial

information leakage by intermediaries, such as banks, brokers, agents, etc. While it is fully confidential it also allows for full

publicity of the transactions details that are to be visible by all

parties and the public.

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6. Safe Archiving – Transportcoin technology, not just allows

but fully relies for full historic storage of all transactions ever conducted, thus avoiding risks of physical loss or destruction of

paper documents, while at the same time allowing for easy

searching and reviewing past information stored in the cloud.

7. Flexibility – Transportcoin technology is flexible and allows

the parties involved to easily select the terms that they choose to interact with. Options for standard or custom negotiated terms,

conditions and forms will boost the user experience. Elimination of

language barriers will further facilitate the eco-system participants

Our Vision:

Transportcoin technology was founded with the mission of solving

the greatest problems facing the logistics industry today. Our solution requires deep technology, but our vision is quite simple.

Solution for the problem of lacking standards and, consequently,

for the problem of cumbersome paperwork.

Improved availability of insurance and broker services. Increased

opportunities for efficient outsourcing.

Guaranteed payment for services and effcient paperwork. The carrier terminates the transportation of the goods and transfers

them to the cargo owner or the next carrier. The cargo receiver

makes an electronic mark about the assumption of the responsibility for the goods. Upon receiving this mark, the smart-

contract performs a money settlement with the carrier. The smart-

contract registers and provides the cargo ownerʼs documents signed in the digital form.

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Tracking & Transparency

We will unify shipment tracking across the Ethereum blockchain, using our side-chain to track individual encrypted geographic

waypoints across each smart contract. With this system, the

meaning of each waypoint will be encrypted, accessible for interpretation by only the parties involved. This will give shippers

more visibility across their supply chain and allow carriers to

communicate with ease, reducing delays and miscommunications. Information about loads, geo-waypoints, and basic compliance

information will be recorded and publicly validated within the

side-chain. Upon delivery and confirmation, the contract will be completed and recorded on the main blockchain, releasing any

payment escrows.

Asset Security

Deploying blockchain technology into the freight industry to

encode geographic data will increase cargo visibility, and thereby

dramatically decrease theft. By using barcodes or hardware RFID integration, assets can be automatically verified each time

electronic logs are reported, increasing security and providing

peace of mind for all parties. Permissioning, immutability, and encryption are inherent benefits of blockchain technology,

allowing select individuals to access, examine, and add critical

transport data, but no one will have the ability to change or delete existing data. By bringing accountability to every step of the

process, the blame game between carriers, brokers and shippers is

mitigated.

Unified Management

Subsequent to the implementation of blockchain federation of the fair and secure transportation of goods, Transportcoin will build a

unified management platform for leveraging the smart contracts to

provide modern and usable services across the Transport industry.

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Transportcoin is dedicated to building to an open ecosystem, and

although Transportcoin Web will be the first application, our Smart Contracts will be a building-block that thousands of other

platforms can freely build upon to solve shipping issues, big or

small. The decentralized brokerage will be an open marketplace connecting shippers to carriers, and Transportcoin will provide the

first app for Freight booking; will be able to log on and place an

order from one point to another.

2. ECOSYSTEM:

The Transportcoin platform target extends globally to any trading

company or individual, shipping line, freight forwarder, ship

broker and other parties involved in the global trade and transport. The Platform has 2 cores i.e. SERVICE & UTILITY. Maritime

transport is the least technologically developed industry. This is the

reason behind the decision to start off with this particular sector.

The Services are FREE (no fees are charged) & they are designed

to create a global marketplace for trade & transport. Wide user

base is a prime objective. The platform UTILITIES make the use of Transportcoin tokens and generate demand. The Demand for

Transportcoin tokens and appreciation of its value is the ultimate

objective of the ICO. The interest of the Founders, the Team and the ICO Supporters are fully synchronized. Details are available to

investors who have entered in for ICO

Key ecosystem participants:

- Traders, Importers, exporters, charterers

- Private Individuals

- Freight Forwarders

- NVOCC (Non-vessel operated container carriers)

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- Container lines

- Booking Agents

- Ship owners / ship managers / ship operators

- Ship brokers - Ship agents

- Cargo/vessel/transport

- Warehouses / storage facilities

- Customs Agents

- Independent cargo surveyors / equipment Insurance companies & brokers superintendents / port captains

- Ship Chandlers, suppliers and service providers incl. provisions /

technical / nautical - Seafarers / crew

- State Authorities (last but not least, although admittedly it will

take some time especially in the developing world countries)

- Ship classification societies, flag state administrations.

The Technology :

The Bill of Lading is a key document in the international trade and

transport. Since the platform participants already use the free

services we provide. iIt is natural to move on to the TransportCoin SMART UTILITIES. Smart B/L provides a number of advantages

to the Eco System participant – i.e. saves time & money, brings

security and confidentiality.

Transportcoin creates access whereby,

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1. The Shipper sends B/L instructions to the carrier via

TransportCoin blockchain, smart contract.

2. The Consignee & the Carrier review and confirm the draft

Smart B/L on Transportcoin platform. Parties verify that terms in

the smart contract B/L are as per the trade and transport contracts. Identical Information is instantly available to all 3 parties via

TransportCoin platform. No one can make changes without

consent and confirmation from the others. The terms and

conditions are set and confirmed at this stage.

3 The Carrier or Its agent at the load port (for ships), or at the

load address/port (for containers) issues Smart B/ L, based on the shipperʼs instructions and on the Consignee confirmation of

details. Change of details is not possible, without authorization

from all 3 parties.

4. The Consignee / Importer becomes consignment owner once

the B/L is issued and released by the carrier. The Crypto B/L is

instantly in the Consigneeʼs position. At this stage The Consignee has options how to manage and execute the Crypto B/L. It can be

endorsed to another consignee/receiver if consignment is sold

while in transit.

5. The Shipper / Exporter in the meantime has options to present

Crypto B/L to Banks, Underwriters or other institutions, authorized

in the pre-set conditions of the smart contract.

6. The Carrier releases the consignment at the discharge

port/destination to the Consignee/Importer against Crypto

verification of the Smart B/L

At all times the Smart B/L is in the block chain, secure and instantly accessible by all authorised parties, at any given stage, as

per the pre-set smart contract conditions. The TransportCoin Smart

B/L is an asset which the Ecosystem participants can use to utilize

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Smart L/C and Crypto Transactions. Our decentralized brokerage

system will be comprised primarily of an open marketplace connecting shippers and carriers.

Transportcoin Token:

Tokenizing Transportation

Tokenization is the process of converting rights to an asset into a

digital token on a blockchain. Tokenization converts the value stored in some object – a physical object, like a painting, or an

intangible object, like a carbon credit – into a token that is useable

and transferable along a blockchain system.

imagine Investor A wishes to transfer the design for a certain

project to Investor B. Investor A and B are on opposite sides of the

globe, however, and there is a pretty stark difference in how patents and copyrights are handled in their respective countries.

The legal paperwork alone comes close to making the transaction

prohibitively difficult and expensive. However, tokenizing the design allows Investor A to make the transfer to Investor B in an

open, transparent way with an agreed-upon price executed via smart contract. The transaction is nearly instantaneous and

instantly verifiable. The tokenʼs assigned unique hash assures that

itʼs not just a copy of the original patent; it is the patent itself.

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3. Business Plan:

TEAM :

AARON AMACKER

CEO & Founder

Aaronʼs extensive knowledge of mobile technology, blockchain

technology, and deep experience in trucking and logistics makes

him a natural fit to lead Transport coin technology team. Aaron spent 15 years researching and developing a mobile- based

platform that provides real-time tracking and data analytics over

freight movements. Aaronʼs software and transportation expertise

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culminated with the design of a shipper-to-carrier direct

optimization platform that was granted a full U.S. Patent in 2018.

ERIC TURNER

Executive Director

Young, charismatic and energetic individual. Growing up in

California, Moscow and later Australia, where he completed his

BSc in Business Management and a MSc in Luxury Brand Marketing. Eric has as an extreme passion for the luxury sector and

the Blockchain industry. He has a wide range of skills consisting of

marketing, analytical thinking and assisting all demographic groups in learning and becoming a part of the global Blockchain

ecosystem. All round humanitarianwith the positive mind-set to

make the world a better place.

OLIVER COLSTON

Oliver is a senior Ca, SQL and Solidity developer with over 18

years experience developing enterprise projects. He has built and managed financial processing systems that handle more than 4

million transactions per year and developed smart contracts for ad

auction projects and ICOs.

LUCAS MILLS

Blockchain Developer

Fascinated by the potential of blockchain technology, Lucas has

spent the last few years researching, architecting and developing

Chief financial officer

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blockchain based applications for start-ups, local & international

NGOs, and the federal government amongst others.

PRISHA CHOWDHURY

Senior Consultant

Prisha is an experienced consultant having advised companies for

close to a decade on new business cases, technologies and

financing with a focus on in emerging markets. She co-founded two cleantech consultancies and led projects with international

companies and investors across North America, Europe and Asia.

Prisha holds a Master in Business Administration from National University of Singapore.

Partners:

MAERSK: Maersk, is a Danish business conglomerate with

activities in the transport, logistics and energy sectors. Transportcoin technology is partnering with Maersk in a pilot

project to evaluate and improve blockchain standard in the

transportation sector globally.

GEORGE HOVEYMarketing leaderGeorge is a strategic thinker that has good experience of the digital technology sector and offers good creative solutions to clients. Since 2005 George has maximized digital presence that improved clients finances.

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TMW SYSTEMS: TMW Systems is a developer of enterprise

management software for the surface transportation services industry, including logistics, freight, trucking and heavy-duty

repair and maintenance. We are looking to improve a higher level

of focus in the shipping and blockchain sector.

Argus Transport Canada: Argus Transport Canada Inc is a

licensed and bonded freight shipping and trucking company

running freight hauling business from Saint Laurent, Quebec. They offer competitive pay and the interns are even bonus eligible! They

really care about what they do, and want to learn more about the

blockchain industry.

COINSETTER: US based bitcoin exchange for professional

traders, high demand bitcoin companies and Wall Street

institutions.

LIVINGSTON: Livingston International provides customs

brokerage, trade consulting and international freight forwarding

services to importers and exporters throughout North America and around the globe. Headquartered in Toronto, Ontario, Canada, with

U.S. headquarters in Chicago, Livingston has over 3,200

employees located at more than 125 border points, seaports, airports and other locations across in North America, Europe and

Asia. Livingston is currently Canadaas largest customs broker and

third-largest in the United States.

SHAPESHIFT: ShapeShift is a company that offers global trading

of a variety of digital assets via web and mobile platforms. The

company does not collect personal data on its customers and exchanges one cryptocurrency for another without ever collecting

customer funds into company accounts, which is unique among digital currency trading companies. Transportcoin technology is

partnering shapeshift to create easy accessibility to clients who are

involved in cryptocurrency exchange and creating more profitable channels throughout the freight industry by access token.

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FUNDING AND BUDGET:

We are committed to spending our funding responsibly. Below are our plans for properly allocating the assets to deliver the best

possible solutions, as quickly as possible. We are limiting the total

contributions in the crowdfunding to $99,740,500 million USD because we feel taking more money would not be responsible and

wouldnʼt lead to a better product any faster. Below is a preview of

our best estimates of what weʼll do with any money we raise in the TGE.

Transportcoin technology issues 831,170,833 TCT tokens. After

the termination of ICO, additional tokens will be automatically given to Founders, Team, and Bounty members. The volume of

the raised funds (ETH, USD) is ETH 453,365.909 = (USD 99 740

500 at the rate of USD 220 / ETH). For convenience and due to constant ETH fluctuation, the rate has been chosen at the level of 1

ETH = $220 .

1 TCT = 0.12

From the total amount of 831,170,833 Transportcoin (TCT) tokens intended for the general emission Transportcoin technology will

submit 631,170,833 tokens for the sale through ICO at various

price levels.

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INVESTMENT PLAN:

All the approved projects are available on Transportcoin

technology platform. The investors are identified by their Ethereum public key, allowing for every key-holder to use the

platform anonymously. To invest, they will decide how many

TransportCoin tokens they give to the project and a matching transaction will be generated automatically. Once it is validated

and approved, the TCT tokens will be sent in the Decentralized

Organization associated with the project and the investor is registered as a member. To invest in our projects a minimum of

$3000 in ETH equivalent is required for a standard plan.

1. Affiliate program:

Once you have signed up, you will receive your unique ID and

referral address. You have to use your referral address in all posts

and publications you make on social networks and when sending to people. Each sale generated through the referral address will get

you 5% to 10% (depending on your affiliate level) of the

contributed amount in tokens. For example if an ICO participant buys 10,000 TCT tokens, you will get 500 TCT tokens as a referral

bonus. We might introduce additional bonuses in TCT/ETH for the

most active affiliates

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2. Revenue Model:

Linking Transportation, Logistics and world trade to the Blockchain Technology

Transport coin technology is a transportation based blockchain

solution business that connects investors to their investments and social progress in order to deliver better financial outcomes for all.

Our projects target attractive returns, defined as balanced

performance in the top quartile of our peer group and ahead of relevant market indices over the long-term (3-5 years), via a high

conviction, fundamentally driven process.

The TransportCoin Technology business model relies on rapid growth of user base. It is facilitated through the free services

platforms. It is estimated that there are at least 25 million active

users worldwide involved in the trade and transport industries. These include importers, exporters, freight forwarders, ship

brokers, charterers, shipping lines, NVOCCs, ship agents, ship

owners, insurance agents, customs agents, private individuals and on. Presently there are few maritime transport platforms that are

very limited in terms of user base and geographical coverage.

Some of them are expensive, others biased, owned by shipping lines with main purpose of controlling and collecting information

for the enhancement of their own business. The TransportCoin

technology platform is designed to be independent, secure and transparent, based on block chain technology.

TransportCoin Technology will also develop custom sidechain

solutions for large enterprises that need to utilize different data sources and information. Transportcoin will do this as a

development contractor, with all new side- chains still tying into the main blockchain. This will be custom quoted per client, but

will be on the scale of large ERP implementations that routinely

run over nine figures.

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After the ICO, TransportCoin will be tradable on exchanges. We

are currently in discussion with Bittrex, HitBTC, EtherDelta, Kraken, Poloniex, Binance and more to come. At Transportcoin

technology, our aim is to simplify and facilitate Transport

blockchain investments. Hence, it is essential for the life of the platform that the TransportCoin is easy to access and free flowing.

Our priority is to make partnership with the main exchanges so as

to grant access to TransportCoin to everyone in many different locations around the globe.

3. Road map:

The TransportCoin road map is based on its full cycle of preparation, development, implementation and marketing. The

projected schedule is an estimate and it may vary, depending on

various factors. Some stages could be completed earlier than projected, while others could take extra time. Year 2020 is

anticipated as deadline for unfolding the full scale operations and

capabilities.

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The roadma p is a summarised vision of the TransportCoin project.

Minor stages are not outlined on the roadmap i.e. mobile applications development throughout

the stages. Additional platforms and/or services required would be

acquired or developed on as needed basis and are not included on the roadmap.

Future development:

Transparency

Transportcoin plans to significantly increase the level of

transparency in the blockchain space. With community managers

working with supporters in public chat and forums, our team also plans to release scheduled quarterly progress reports detailing

software development progress, as well as progress on all plans

detailed in this whitepaper. These quarterly progress reports will be scheduled after the initial token sale, and include statements from

the development team, statements from the operations team,

executive overviews, updated timetables, and other pertinent information to the progress of the Transportcoin project.

Common Goal

Transportcoin plans to support and encourage a better environmental policy in the freight industry. We strongly support a

shift away from heavy polluting “bunker fuel” in sea freight to

cleaner natural gas or even electric container ships, the encouragement of freight rail for its high efficiency, the use of fuel

economy improving technology and gamification of fuel efficiency

in the trucking industry, and the use of AI to reduce fuel usage. Protecting our environment is critical, and the freight industry

should constantly work to improve its carbon footprint.

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