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WHITE PAPER: VDC COIN (ViDiCia, VDC Coin and Related Processes) Valens. Donum. Caritas.

WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

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Page 1: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

WHITE PAPER: VDC COIN (ViDiCia, VDC Coin and Related Processes)

Valens. Donum. Caritas.

Page 2: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

“The doctor of the future will no longer treat the human frame with drugs, but rather will cure and prevent disease with nutrition.” ~ Thomas Alva Edison

Page 3: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Preamble Has the world become a crazy place where your energy is being siphoned out? Is your mind and body equipped enough to the ever-demanding workload? Do you take the right nutritious diet to compensate the energy you spend every day?

Well…the buck stops here. You cannot avoid your workload; you cannot stop your energy from getting drained out. You cannot shy away from the pressure-cooker of your life. But what you can do is to make your mind and body fit to counter everything. And the solution to this is only one – nutrition. Nutrition and balanced food is the need of everyone in the world. From a toddler running with a fishing rod in a Fiji beach, to an octogenarian living in an assisted living center in Oklahoma, nutrition is everyone’s need and a daily need. Nutrition is an industry - a billion dollar one. But, the big question: is it serving those who really need it? Let’s look at the some of the horrifying facts about the nutrition as a whole on a global level:

Two billion people in the world suffer from various forms of malnutrition Death of 2.6 million children each year – a third of child deaths globally 1 in 4 of the world’s children are stunted Adults who were malnourished as children earn at least 20% less on average than those who

weren’t. Undernutrition accounts for 11 per cent of the global burden of disease

The impact of mal- or under-nutrition is huge. It is not only effecting the global population from First-World-Class-A-city dwellers to nomadic tribes living in remotest of places, it is impacting the global economy also. In a research work by J Hoddinott, M Rosegrant and M Torero titled ‘Challenge Paper: Hunger and Malnutrition’ published by Copenhagen Consensus, it was stated that each dollar spent on nutrition delivers between US$ 8 and US$138 of benefits. If channelized in the right way, an annual investments of US$ 347 million to provide micronutrients to 80 percent of the world’s malnourished would yield US$ 5 billion in improved earnings and healthcare spending. Such is the power of the nutrition industry that all major pharmaceutical and food manufacturing conglomerates are eying for a share of the pie in this multi-billion-dollar industry. However, in the whole process everyone has forgotten the actual people who provide the service to those want. Nutrition is a science and cannot be achieved through marketing, promotion or simply through account books! And the people who actually do the heavy-lifting are the nutrition experts and the dieticians. Like medicine and medical advice, nutritional products and associated advisories are provided by the experts in the world of medicine. However, unlike medicine nutrition has a completely different aspect also. Supply of nutritional products can be home-grown too. In other words, with proper instruction in hand, anyone can prepare a nutritional diet for self-consumption or for the family. But, sadly the art and science of home-based nutrition product making techniques have been high-jacked by top conglomerates and what they provide in the good wrappers and packages are same as that one can product at home; only difference is the cost which is several times more than what it takes in case of the homemade one. The knowledge and expertise are completely hidden.

Page 4: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

The Solution For both service providers (in the form of nutritionists, dieticians and home-made nutritional product makers) and the service takers that include people from every walk of life what is needed a complete platform to interact. A platform that can provide the following:

Enlisting of service and expertise

A vast knowledge-base of nutritional products

A mapping system that can map someone’s requirement with the right expert

The same mapping system to suggest expert or product based on past search, logical analysis,

location, demography etc.

An escrow system that would ensure that service is delivered and accepted

Localization of nutritional products (Mediterranean basil may have different effect on an Indian

than on an Italian)

An intelligent data management system to reduce redundancy – a system that would auto-

suggest and process requests

Feedback-rating-review system

Programmatically monitored and managed

And most importantly…

A uniform transactional process for the entire platform

Now, let’s look at some of the most important aspects which the platform should never encourage:

Bidding process like freelance job sites

Premium plans, top-placement, ‘featured’ service provider etc.

Advertisements of nutritional products or services

Brand building activities

Any form of biasness towards any service provider/taker, product or process

Page 5: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

ViDiCia – The platform The idea of ViDiCia is based on the solution we discussed above. If we look at the high-level aspects of the platform, ViDiCia can be segmented into the following core parts:

Uniformly managed through Hybrid Framework developed using both Open-source and

proprietary based development technologies

ViDiCia Administrative Control Panel

Dashboard for all types of users

AI driven search and auto-suggest based on the user’s search patterns and other permitted

data sources

Communication system – integrated chat (audio/video/text) system, email and push

notifications

User Management with Smart Fraud protection

Verification system (we are planning to use Blockchain technology to verify the user’s

interactions)

Content Management – Both user-generated and Admin-led

Profile and portfolio management for service provider (no premium listing)

News and events management

Panelist and experts – Expert list will be by an anonymous voting system

Knowledge-base, Wiki (verified)

Reference validation to be updated periodically

Interfaces on web, Android and iOS

A NoSQL database (MongoDB) running on document-oriented data model

Intelligent and intuitive search and mapping at the user-end

Philanthropy – Decision on donation will be by voting only. Donation will be made in VDC Coin

which will be exchangeable in listed exchanges

Transaction management – all transaction on ViDiCia will be done through VDC Coin only

Page 6: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

ViDiCia – The Platform for All Nutrition Needs

Page 7: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Market and scope The $320 billion Global Nutrition Industry, a comprehensive domain that includes: functional foods

dietary supplements (minerals, herbs/botanicals, vitamins, meal replacement and specialty)

natural personal care

natural/organic foods

services rendered by nutritionists, dieticians and trainers

clinical nutrition

sports nutrition

age-growth-pregnancy related nutrition

mass nutrition programs

The industry is growing comprehensively with a growth 15.9% CAGR and expected to be a Trillion-dollar industry by 2024. The industry is growing vis-à-vis the technological advancement in medical science, work-life balance (or dis-balance), population growth, socio-economic structure and so on. As human life expectancy is increasing so is the demand for better nutrition. Similarly, people are getting engaged in their work life more due to increased competition and this is increasing the need of nutrition. Moreover, people are getting awareness and informed which further scaling the scope of nutrition as a whole. Therefore, realistically speaking, target of ViDiCia will be a modest one – just 0.05% of the whole industry. Even then the platform is set to do a business of USD 165 Million. Moreover, this is a figure based on organized sector data. In the global unorganized nutrition industry segment which the ViDiCia platform targets primarily, the market is roughly estimated to be one-fifth of the organized sector which is around USD 60 billion. So, if ViDiCia target a highly plausible 0.5% of this market, there is a practical business scope of another USD 300 Million for Vidicia. So, even we achieve 40% of this, there will be a rough circulation of $186,000,000 resulting into distributed income of $9,300,000 at 5% fees only through the ViDiCia platform.

Page 8: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Introduction to VDC Coin

What is VDC Coin?

VDC Coin is a new peer to peer, open source, blockchain based cryptocurrency created to serve as the

de facto digital currency for ViDiCia platform. It’s a complete altcoin (with near future availability in

global crypto-exchanges) with wallets for safe-keeping and trading utilities besides being an integral

part of the ViDiCia platform. For more information, please visit:

http://www.vdccoin.io/

What is VDC Coin Wallet?

VDC Coin Wallet is a fully functional electronic wallet which is used to store the VDC Coin credits of any

user. Every VDC Coin wallet has its own identification number and each wallet is mapped to the user’s

registered mobile number. Any transaction on the wallet will be confirmed to the user via an

automated SMS.

The wallet is used to:

Transfer VDC Coin to another account

Receive VDC Coin from other users.

Store VDC Coin

Trade VDC Coin

Buy VDC Coin against fiat currency

Send Converted VDC Coin to user’s bank account.

The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions

done.

Security

Presently, the wallet is secured with a system generated password at the time of initiation which the

user can change (password strength is set). The password is further encrypted and stored in a secured

database.

In no way the VDC Coin Technical Team can retrieve the encrypted password.

Page 9: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Use of VDC Coin

VDC Coin comes with a solid and robust usability factor. VDC Coin offers multiple benefits such as:

VDC Coin will act as the de facto digital currency for the ViDiCia platform

VDC Coin will be easily exchangeable across global exchanges

VDC Coin is a fully functional coin which can give the investor amazing returns

VDC Coin has two different driving forces behind its growth – 1) growth due to trading in

exchanges 2) Secondary growth through the ViDiCia platform which will drive the first

USP of VDC Coin

Easily acceptable cryptocurrency with security, investment assurance and flexibility in usage.

Fully functional cryptocurrency with easy Fiat conversion

Planned wide street-level acceptability, something which even Bitcoin failed to achieve

Fully functional native wallet. No need to use another cryptocurrency multi-wallet like Coinomi.

Fully functional exchange for trading of VDC Coin (planned).

Robust SHA256 security for end-to-end transaction protection

Self-mined with sustainable and easily scalable network

Page 10: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Scope of growth

The major growth driver of cryptocurrency market includes rising demand for better income saving

structure, advanced technology implementation in improving banking network, safety and security

associated with the currency, increase in purchasing power of people, elimination of third party and

less chances of security threats. BFSI accounts for high market share owing to high adoption of online

banking, contactless payments and mobile banking application and increasing number of universal

cryptocurrencies companies.

In cryptocurrency market, digitization and mobility is one of significant factor driving the market.

Digitization helps organization by providing seamless platform to handle consumers’ information and

increases efficiency and accuracy in business operations. Digital technology supports both upstream

and downstream customer engagement activities. Cryptocurrency empowers organization to adopt

digital currencies into their existing financial systems securely this is one of the significant factor

boosting the Cryptocurrency market. By end-user segment, individuals and large enterprises acquires

highest market share owing to better analysis of digital currency offered by cryptocurrency companies

that is benefitting finance organization and is further fuelling the market growth.

The future of VDC Coin is bright and we expect sharp increase in valuation of the coin.

Page 11: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Pre-Sale of VDC Coin

We are organising a pre-sale of the VDC Coin coins for early access. During this period, VDC Coin can

be bought from the official website: www.vdccoin.io

The pre-ICO offerings are (in multiple currencies) and the day after the pre-sale ends, we expect the

price of VDC Coin to go up. VDC Coin will be listed in global exchanges.

For traders, one can buy now and sell later to gain profit. For daily users, they can buy at base price

and use these to purchase from when their valuation goes up.

Here are the details at a glance:

Total number of pre-mined coins 187.5 Million

Coins to be sold during ICO & Pre-ICO 150 Million

Pre-sale Timing 27-NOV-2017 Till 17-DEC-2017

Soft-Cap 45 Million

Hard Cap 105 Million

Pre-sale Base Price USD 0.1

Minimum Investment No restriction (but expected to be at least $100 for a better growth)

Bonus Between 30% to 10%

Where to Buy https:// www.vdccoin.io

Page 12: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

VDC Coin Sale Plan Start date (with Pre-ICO): December 4, 2017 (12:00 Midnight UTC+0)

End date (ICO-Ends): January 15, 2018 (12:00 Midnight UTC+0)

Soft-cap: USD 4.5 Million

Hard-cap: USD 15 Million

Currency accepted: ETH, BTC, LTC, BCC (other Altcoins also may be added)

Number of tokens per person: unlimited

Minimum transaction amount: USD 100 (to be paid in BTC/altcoin as per the current market-

price)

Maximum transaction amount: USD 10,000 (to be paid in BTC/altcoin as per the current

market-price)

Bonuses:

Week 1: +30% bonus

Week 3: +20% bonus

Week 3: +10% bonus

Token Distribution Model:

Technology,25%

Marketing&Promotion,30%

Operation&Administration,15%

Stakeholder&Advisory,10%

Coreactivitiesreserve,10%

Charity,10%

VDCCOIN:FundUtilization

Page 13: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Technical Aspects of VDC Coin Logical Flowchart of VDC Coin Transaction VDC Coin coins are stored in the user’s wallet. Every wallet has a unique wallet ID which is can also be mapped with the ViDiCia platform ID of the user. This enables VDC Coin users to quickly send or receive VDC Coin for any service rendered or availed using the ViDiCia platform. For general transactional purposes it is also possible for users to send coins using the original Hexadecimal wallet address. VDC Coin transactions are initiated by a SEND command where two datasets are required, the receiver’s address (de facto, the ViDiCia ID) and the amount to be sent. VDC Coin transactions are blockchain based. Block generation time on the VDC Coin network is maintained at 120 seconds. However, it is a flexible choice and in the future, with greater network load, we will consider a shorter block generation time. Let's take the simple example of a transaction of VDC Coin between Alice a senior citizen based in Dallas and Liu, a nutrition expert based in Toronto. Scenario – Alice takes Liu’s consultancy services related to daily nutrition supply. Alice and Liu are both registered ViDiCia users. Process flow

1. Alice logs into her account using a private key (password). 2. Liu’s name is shown in the list of service providers which Alice shortlisted earlier. Alice decides to take Liu’s services and deposits 100 VDC in the escrow system managed by Vidicia. 3. This information is placed on the next available block and taken to the underlying blockchain network. 4. The blockchain verifies both datasets. The Receiver Address is checked against the user database to find the account which is mapped to the ViDiCia ID. The financial records of Alice are checked to ensure that she has enough credit balance to transfer 100 VDC. 5. Once the blockchain finds positive response for both the queries, it proceeds with the transaction. The amount (100 VDC) is deducted from Alice’s account and is added to Vidicia’s Escrow account. The new available balance is updated for both the accounts on the blockchain record. Liu is also informed (push notification/email). 6. Once Liu completes her service, Alice is notified and who in turn accepts the payment request from Liu. 7. The process as given from Step 2 above is repeated; but this time between ViDiCia and Liu where, applicable VDCs (after deducting ViDiCia platform fees) are deposited in Liu’s account. Liu’s wallet gets updated.

Page 14: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

Protocol used VDC Coin utilises PoS (Proof of Stake) protocol and not PoW (Proof of Work). We preferred PoS protocol because: 1. Less computing power needed to stake and no mining is required. 2. The transaction charges are lower than PoW, always. 3. Faster confirmation due to less complex transaction hashing. 4. More transactions per second which offer improved scalability. 5. Less centralised which keeps it true to the philosophy of Cryptocurrencies. 6. Increased versatility, offering multiple advantages over PoW coins. In PoS protocol, there is no need to mine. Instead, we highly encourage our users to take part in Staking. Staking doesn't require any special hardware or running of scripts. In VDC Coin wallet, it is very easy to Stake the available coins. We pay a 2% APR rate (think of it as your saving bank account interest) so even the idly lying VDC Coins actually earn. Security Your data is safe with VDC Coin because the data is kept on the blockchain network and blockchain, by design, are immutable. VDC Coin encrypts your data with SHA-256 encryption technique which is the most advanced encrypting technology in the world. The hash file is created from user’s raw data and is virtually unbreakable. Even if someone breaks it using a very high powered computer, in a hypothetical case, it is technically impossible to get back the original data from the hashed file. VDC Coin wallet is secured with passwords and this password does not reside with us. Considering a hypothetical scenario, even the VDC team cannot retrieve the user’s password. Coins in a lost wallet can only be retrieved using standard procedure only. We plan to increase the security of the wallet by introducing advanced security measures like Fingerprint unlocking, in the near future. Inflation VDC Coin is completely pre-mined and thus, there is no inflation. The VDC Coin count is fixed at 440 million.

Page 15: WHITE PAPER: VDC COIN...Send Converted VDC Coin to user [s bank account. The wallet will directly interact with the underlying VDC Coin blockchain to get all the transactions done

The Roadmap

June 2017: The idea of ViDiCia was born August 2017: Business Strategy, Technical planning for Vidicia platform and VDC Coin October 2017: ICO planning November 27, 2017: Registration Starts December 04, 2017: Pre ICO Starts December 11, 2017: Pre ICO Ends December 18, 2017: ICO Starts January 15, 2018: ICO Ends January 21, 2018: Concept Starts January 27, 2018: VDC Coin Launch February 10, 2018: ViDiCia Platform Starts

Our commitment to investors:

Fund raised less than USD 4.5 Million: Investor’s money will be returned

Funds raised between 3 to 6 Million: ViDiCia platform starts | Promotional process starts |

Potential ViDiCia users are reached out

Funds raised between USD 6 to 10 Million: Participation in exhibitions | Signing MOUs with like-

minded healthcare professionals and scientists who believe in a cause | Reaching out to various

organizations

Funds raised between USD 10 to 15 million: Spread ViDiCia as a platform | Organization events

| Very large scale promotion | Start charity programs

Funds raised beyond USD 15 million: Global reach out

For more information, please contact:

VDC Digital Services Ltd

Portsea Place, London, United Kingdom, W2 2BL

Call: +44 20 3318 1976

Email: [email protected]