Table of Contents - SEED Foundation Paper_English_ver.0... · 2018-07-10 · and malicious...

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Transcript of Table of Contents - SEED Foundation Paper_English_ver.0... · 2018-07-10 · and malicious...

Page 1: Table of Contents - SEED Foundation Paper_English_ver.0... · 2018-07-10 · and malicious information. The POC protocol uses this decentralized application side chain method to dynamically
Page 2: Table of Contents - SEED Foundation Paper_English_ver.0... · 2018-07-10 · and malicious information. The POC protocol uses this decentralized application side chain method to dynamically

Table of Contents

1. Introduction 2. S∙E∙E∙D

3. Application

3. Road Map

4. Issuance of SEED

6. Conclusion

1) Background

2) Suggestion

1) Concept of SEED

2) Connection between Net and Reality

3) Business Structure of SEED

1) Farming

2) Planting

1) SEED

2) ZERA

01Table of Contents

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02INFO

SEEDTHE SEED WHITE PAPERCURRENT VERSION 0.75

The Seed (SEED) is a blockchain with multiple agreement structures.

The SEED connects the digital ecosystem with the real-world ecosystem and

provides self-replicating ECO business model.

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03INFO

SEEDBlockchainLAB.

The blockchain technology that

forms the consensus-mapping

model for different types of

blockchains (SEED & ZERA)

through two settlement

mechanism structures of the

cryptocurrency and the two

forms (POS & POW) of the

blockchain confirm algorithm.

The technology that enables

eco-friendly living environment

while avoiding unnecessary

energy consumption through

physical hashing power

consumption to obtain crypto

currency using existing POW

method.

The ECO business model that

invests, develops, operates,

manages and organizes energy

friendly businesses in the real

world through blockchain

technology of the digital

ecosystem.

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041. Introduction 1) Background

1. Introduction1) Background

While an advance in science since the 18th century tends towards

increasing the total amount of entropy by promoting energy consumption

in the natural eco-system where we live, now, new technology needs to

make a contribution to decreasing the energy consumption.

Now, it's time to transform the energy business. Fossil fuels have been

indiscriminately developed and used, which is exceeding the level the

earth can purity itself. This caused the overall temperature rise of

the earth, leading dramatic climate change. It's said that the earth's

ecosystem can be beyond recovery if the average temperature of the

earth rises by 2 degrees. Especially, many scientists' studies say that if

the average temperature of the earth rises by 6 degrees, 95% of living

creatures on land and in the sea would be extinct.

The Met Office has officially announced that the temperature of the

earth rose

1 degree than it used to in 2015.

Based on spread of this serious awareness about solving the global

warming problem, the “United Nations Framework Convention on

Climate Change (UNFCCC)” has been entered in Rio de Janeiro in Brazil

in 1992.

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051. Introduction 1) Background

In 2005, “Kyoto Protocol” with this convention setting has officially

announced detailed action plans for solving the global warming problem.

This Kyoto Protocol has arranged resilient systems including the

Emissions Trading scheme (ET), Clean Development Mechanism (CDM)

and Joint Implementation (JI) in order to effectively reduce greenhouse

gases. ET is a system to buy or sell the Certified Emission Reduction

(CER) in CERs exchange when the emission exceeds the allocation, the

carbon emission quantity provided for each country and each company

provided each country's government.

This trading scheme invented a new type of industry field. Especially

according to the provision of Article 12 of the Kyoto Protocol, it has a

system to recognize reduction of greenhouse gas for development of

new and renewable energy and investment into and development of

eco-friendly business. Moreover, developed countries can reflect the

emission reductions generated from the investment into a developing

country on their reduction results through the bilateral CDM, and the

developing countries can sell the emission reductions developed within

their countries to the developed countries through the unilateral CDM.

In 2018, there are more than 161 countries participating in emission

trading scheme worldwide, and the total trade volume of this carbon

market is exceeding 215.4 Billion USD. National Development and Reform

Commission (NDRC) of China has completed the construction of carbon

trading system and started China ETS already. Due to the carbon

market access of China, it's expected to form scale of 180 Billion USD

only with the Chinese single ET market scale in 2020.

Technology the blockchain has is not confined to the certain aim any

more, such as some certain groups or crypto currency. Just like new

paradigm made by World Wide Web (WWW) which connects the global

digital world in the past is enjoyed by unspecified individuals now as

well as there are numerous platforms of value creation based on this

paradigm, blockchain is also developing towards various business area

based on trust on the network, beyond the range of crypto currency.

And turning the internet world into the real world, that is, industry

fields such as Internet of Things (IoT) and Augmented Reality (AR)

which connect the digital eco-system and real eco-system is growing

exponentially.

Now, new paradigm of global economy, industry and education system

that connects the network and real life is forming, and in the middle of it,

the blockchain will consolidate trust.

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061. Introduction 1) Background

1. Introduction 2) Suggestion

SEED grafts each node in the digital eco-system connecting whole world

based on blockchain, encrypted trusted platform, upon eco-friendly

business being conducted in real eco-system.

General users can invest into the eco-friendly project developed, built

and operated by the SEED group through SEED. As users invest into the

eco-friendly energy business, users can indirectly participate in improve

the earth environment as well as get investment returns.

SEED group maximizes the return on investment of the eco-friendly

energy business and participates in CDM business through systematic

operation and investment management, providing additional revenue.

Furthermore, many NGO organizations and people have progressed

various work to protect the earth environment. There are many

contributors to support this work. However, there are no guarantees

for the third party as to how the contributed fund has been used and

what results have been made. Now, it can positively reveal how the

contributed or invested funds are used for the earth environment

preservation or what kinds of result are followed in real time.

SEED provides the best platform for global environment protection and

eco-friendly energy businesses.

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072. S∙E∙E∙D 1) Concept of SEED

2. S∙E∙E∙D1) Concept of SEED

The Ethereum network standards includes ERC 721, ERC 827, and ERC

20. ERC 20 network is a key standard to the SEED & ZERA for developing

ecosystem for this project.

The cryptocurrency that we produce in the Ethereum ecosystem is not

something that we put keep in our wallets as a means of payment when

we buy things in real life. In the Ethereum ecosystem, the currency is a

contract, not a means of payment, in the everyday life. This is called the

Smart Contract.

For example, if A request to B for one Ethereum, and B sends A one

Ethereum. It is not Ethereum actually going back and forth between A

and B. When you check all the contracts in this system, it will only tell

you how much Ethereum A or B have. It doesn't actually have physical

transactions. These are called the Smart Contracts.

In one of the platforms of the blockchain, the Ethereum ecosystem, one

of the standards that must be followed in order to implement these

Smart Contracts is the ERC 20. The ERC 20 is a ' commitment ' that

makes the Smart Contracts compatible with cryptocurrency that is

implemented and used in the Ethereum network.

To be more specific, ER20 provides clear instructions and functions,

such as the total supply of cryptocurrency generated in the Ethereum

network, who sends it to whom and who gets it to whom. It's like applying

who, what, when, where, why, and who to convey clear information.

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082. S∙E∙E∙D 1) Concept of SEED

If the ERC20's requirements are met by an Ethereum network based

token (SEED & ZERA), the Etherum network recognizes that it has

passed the ERC 20 standard. For example, if ‘total supply’ is notated as

‘supply total’ it will not pass the ERC 20 standard and will have difficult

time processing compared to the ones that meets ERC 20 standard. In

contrast, the cryptocurrency generated by the ERC 20 standards is a

fully decentralized application that is implemented seamlessly on the

Ethereum network.

The SEED and the ZERA are the cryptocurrencies and the Smart

Contracts that will be created with full compatibility with the Ethereum

network, by implementing ERC 20 standards. The cryptocurrencies, the

SEED and the ZERA, are implemented as dAPPs, the Smart Contracts

within the Ethereum network.

The SEED and the ZERA operates without a hitch even if few of the

computers in the system is down. The Seed and the ZERA are designed

so that major shareholders cannot unilaterally operate the system

and that nobody can lead or control the system. The SEED and the

ZERA separate each Smart Contract system, known as the SEED

and the ZERA, into multiple functions as intended. This is similar to

the file transfer that occurs in the BitTorrent protocol. This is due of

decentralized applications in Ethereum network based on ERC 20

standards.

The method of obtaining a SEED or a ZERA is proof of certified emission

reduction (POC). Unlike proof of work (POW), which must consume

power with a simple hash power, the amount of carbon emissions

that can be measured with mobile applications through individual

network participants mobile or wearable devices (which is equivalent

to a reduction in carbon emissions). If you walk instead of riding any

combustion automobiles, or if you use a bicycle to travel, you can

be rewarded ZERA due to the reduction in carbon emissions. The

deployment of these applications is not an independent application

separate from the blockchain, but rather an Ethereum network in the

form of decentralized application side chain.

POC is simply intended to extend the category of POC to IoT devices

by leveraging DB solutions products such as Meter Data Management

(MDM) and Smart Grid Gateway (SGG), as well as reducing daily carbon

emissions.

The underlying architecture of the SEED and the ZERA technology

stacks includes the blockchain layer based on the Ethereum network

using the POC protocol, and it provides an integrated mobile solution

for network participants of the SEED and the ZERA, and IOT devices to

connect to DB solutions S/W.

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The POC protocol, which applies to SEED and ZERA, can register nodes

and collect data. And the ability to verify the integrity of the nodes

and blockchains and the consistency of the software. Through this, all

transactions (transaction, which means a series of operations to be

performed in the DB) from the damaged node or the mobile client are

rejected, and the node or the mobile client is restored to the state before

the damage or to isolate it from the system. This is also applied to IoT

devices so the information of the damaged IoT devices will be applied

in the same way as for the previous node or mobile client, so that the

calculation value of oracle will not be inputted. This is to eradicate fraud

and malicious information. The POC protocol uses this decentralized

application side chain method to dynamically calculate the score of

the participant through appropriate weighing and quota of the mobile

clients participating in the mobile service (application) will be designed

in such a way as to make temporary or indefinite isolation.

All of these data will be visualized so that any participant in the network

can confirm the transactions generated by the SEED and the ZERA

implemented in dAPP on the Ethereum network through API of Proof Of

Certified emission reduction (POC) protocol.

To participate in mobile services using the POC protocol, the SEED must

be acquired, which can only be obtained through sales. The SEED is what

makes you a POC protocol participant for the ZERA's acquisition. Once

qualified, the mobile client or IoT device will be able to obtain the ZERA

through POC activity, depending on how the SEED and the ZERA mobile

services provide.

The SEED and the ZERA are to solve scaling issues in the consensus

algorithm. As mentioned earlier, when POS is maintained, the main

chain and the side chain are created to implement the mobile service.

It is an algorithm that matches the intention of ECO business that Seed

Foundation is aiming to avoid the indiscreet power waste on existing

POW method.

In addition, the generated side chain can automate the whole process of

interoperability, and each side chain is independently processed. These

side chains trust the main chain to handle cross-chain transactions.

Having thousands of these side chains allows you to process multiple

transactions simultaneously, even if not sequential. We plan to

implement such transactions so that they can be linked with mobile

services.

As such, the cryptocurrency implemented in the Seed Foundation is a

combine of offline energy business and eco business with mobile device

or IoT device on the blockchain technology of Ethereum network.

092. S∙E∙E∙D 1) Concept of SEED

Complies with ERC20 standards

KYC(Know Your Customer)

Obtain the ZERA usingmobile applications Proof of Certified emissionreduction (POC) Method

ECO Business to reducecarbon emissions

Decentralized application(dAPP)

Side chain connected to mainchain of Ethereum networkDecentralization applicationside chain (dAPP side chain)

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102. S∙E∙E∙D 2) Connection between Net and Reality

2. S∙E∙E∙D2) Connection between Net and Reality

S∙E∙E∙D (Sino Eco Energy Development company), separate group, plays

a role to connect the digital eco-system with the real eco-system.

S∙E∙E∙D proceeds eco-friendly energy business worldwide. There are

various fields of business S∙E∙E∙D has been implementing, such as Mini

Hydro Power Plant, Solar Power Plant and Bio Power Plant, Bio Solid

Refused Fuel Combined Heat Power Plant, Forestation, Wood Pellet

Factory, Food Resource, etc. S∙E∙E∙D invests capital in Special Purpose

Company (SPC) of each project in a form of private equity (PE) as well as

takes charge of development, construction, operation and management

as an actor to develop by itself.

In addition, it manages verifiers and certifiers for each project to

create surplus revenue through emission trading. S∙E∙E∙D can manage

investment collection and its distribution more effectively than general

independent power producer.

SEED keepers can invest in energy business with S∙E∙E∙D and see its

progress through dAPP. We call those SEED keepers who conduct this

business as SEED Farmer.

Another way to convert the digital eco-system to real eco-system

is planting through IoT. This can be conducted through extra dAPP

provided by the SEED Vault Foundation, and we call these nodes who

conduct this work as a SEED planter.

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112. S∙E∙E∙D 3) Business Structure of SEED

2. S∙E∙E∙D3) Business Structure of SEED

Sino Eco Energy Development Group (SEED Group) has been established

to conduct the eco-friendly business with SEED.

This group divided into the following companies with their own role.

SEED Vault Foundation (SVF) has been established in order to contribute

and maintain the SEED. SVF takes charge of contribution and

maintenance of the initial genesis SEED. And it provides seed farms to

invest in each development project provided by the SEED company and

recruits seed farmers who will invest in and contribute to the farm.

STM is established in a form of internet exchange for ZERA trading

obtained through SEED and planting. Each node can buy SEED provided

by SVF as well as other virtual currencies by using ZERA through the

SEED trading market, and SEED planter, a basic API to participate in the

SEED planting through dAPP.

SEED Vault Foundation

SEED Trading Market

SEED Group invests to the eco-friendly energy business or conducts

development business worldwide. It provides investment and

development information for the SEED Vault Foundation and plays a role

to create revenue by investing and managing funds invested by seed

farmers.

Sino Eco EnergyDevelopment Group

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2. S∙E∙E∙D 3) Business Structure of SEED 12

Each node provides application to be installed in each terminal as the

SEED dAPP for proof of work. Each node can proceed with the planting

and is offered ZERA through this application.

SEED dAPP

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3. Application 1) Farming 13

3. Application1) Farming

One of ways to come to the real eco-system from the digital eco-system,

farming begins with SEED added on the farm provided by S∙E∙E∙D.

According to the progress of global eco-friendly business conducted by

S∙E∙E∙D, the S∙E∙E∙D provides the farm.

For example, once all approval process ro 10MW of solar power plant

proceeded by S∙E∙E∙D and Power Purchase Agreement by an off taker

are completed, S∙E∙E∙D provides the SVF with each project's contents.

SVF predicts farms to farm the SEED to each project. A farm "A" is

announced for the project above, and each SEED keeper adds on the

SEED according to the situations to become a farming SEED farmer.

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143. Application 1) Farming

Classification

Name of Farm

Location

Off Taker

Approval

-

-

Land

Total Capital

Borrowed Capital

Design

EPC

Module

Construction Period

Seeding Amount of SEED

Seeding Time of SEED

Seeding Period of SEED

Redemption Time of SEED

Rewarding Rate of Farmer

ZERA Distribution Period

Rwanda Kigali Solar Power Energy Farm

Rwanda, Africa

Department of Power of Rwanda

Department of Development Permit

RDB Approved

Approval from the Department of Power

-

-

Hong Kong CIT-IC PF

Company A in Singapore

Company T in China

Company H in Korea

-

-

-

-

-

-

-

-

Completed

Completed

Completed

Completed

25% Completed

Agreement Completed

Completed

MOU Complet-ed

Purchasing Ne-gotiation Completed

-

-

-

-

-

-

-

PPA Agreement

-

-

-

Purchase

$3 Million

-

-

-

-

8 Months

13,000

Apr. 2, 2019

16 Months

6 years after the construction is completed

8.4%/Year

15 years after the construction is completed

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153. Application 1) Farming

Table-1 Example of Energy Farm “A”

S∙E∙E∙D' interface presents the status of each farm, that is, the progress

of energy business is displayed in diagram form that a plant grows. Also,

the field can be seen through the interface in real time with a CCTV

installed at the field.

Each SEED cannot be withdrawn during the construction period, i.e.

seeding period, once the seeding is completed and a bud begins to

open, it can be withdrawn anytime. When withdrawn, the rewarding rate

is calculated for the retention period and sent. If the farmer keeps SEED

until the redemption time, the SEED is automatically clawed back, and

if it is so, for further ZERA distribution period, the farmer can get profits

continuously.

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163. Application 2) Planting

3. Application2) Planting

Planting is a unique PoW solution only SEED has.

Each planter having the SEED can download dAPP to the mobile device.

dAPP can share various information between the SVF and Nodes, i.e.

each planter, and discuss each other's planting method.

Planters can have the plant the SEED Trading Market provides through

the dAPP. The plant is a type of public blockchain which work together

with the dAPP. Planting begins when the planters add on their own SEED

in each plant. Planting can be regarded as the similar concept of bitcoin

mining, but, there is a difference for the proof of work of each node,

i.e. of planters. General bitcoin mining does the proof of work with the

operation processing method the hesh power has through a specialized

digger by consuming enormous energy, while the SEED proceeds with

the extended encrypted verification that participated in the consortium

consensus algorithm. This is the physical proof of work of P2P method

through a blockchain sensor connected with IoT and API.

Physical proof of work means that only for walking or moving equipped

with mobile devices with dAPP installed, software built in dAPP converts

physical data to mathematical data to form an encryption algorithm for

time stamp method of block connection.

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173. Application 2) Planting

SEED Environ Data

(1) Data value that the planter enters into the plant

Planter ID Gender

Zera Wallet Address Weight

Age Height

Blood Type

(2) Data value automatically set in the plant

GPS Location Temperature

Weather Humidity

(3) SEED data the planter plants in the plant

Digital Genesis DNA

(Any arbitrary data out of 12 species blocks)

(4) Data loaded through the Planting App

Number of walking steps

Distance of foot travel

Fertilizer Application of Augmented Reality (AR) distributed by the SEED

(5) Additional random number the SEED plants in the plant

Table-2 SEED Environ Data set in the dAPP

All the planters starting each planting take part in, and as each

planter's physical constant is transferred to dozens of different data in

un unpredictable form according to the time stamp, it can be a sort of

physical random number. It is similar to the concept of hash encrypted

according to the time stamp which is established by Satoshi, and we call

this physical random number code as the Seed Environment.

Examples of the seed environment, i.e. physical data required from dAPP

are as follows.

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183. Application 2) Planting

Physical proof of work conducted with P2P method for nodes of IoT is

dataficated by nodes(planters) just walking, moving and living with

a mobile device, and this can induce the reduction of vehicle use,

representative consumption of petrified energy in everyday life.

Also, it can capture fertilizer application (plant food) with augmented

reality distributed by the SEED and exchange planting methods with

planters through Social Network Service (SNS) provided by dAPP.

Time stamp of the plant to be confirmed is 10 minutes, and all the

planters participating in this encryption process are rewarded according

to the encryption work of planting data provision, i.e. physical eco proof

of work.

This bounty is provided in a form of a new type of seed, and we call it as

ZERA.

The number of ZERA provided as bounties can be predicted with

workload. This is generated by the results confirmed through the

physical proof of work and continuously producing ZERAs with higher

average value.

For example, if a planter walks 2km for 30 minutes every day, this planter

would receive more bounties than other irregular planters.

Using this ZERA, we can have more various planting tools and products

provided by the SEED Trading Market. Also, we can buy the reserved

genesis SEED from the SVF.

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194. Issuance of SEED 1) SEED

4. Issuance of SEED1) SEED

SEED is a blockchain structure generated based on ERC20. Each

marked species block, 12 in total, issues one billion SEEDs by block, so it

makes 12 billion of SEEDs provided. A type of ICO Crowd Coin of SEED

is based on ETH. During the ICO Crowd sale, the amount of seeds per

assigned ETH is 20,000.

SEED DISTRIBUTION

12,000,000,000

1,800,000,000

1,200,000,000

600,000,000

1,440,000,000

1,200,000,000

960,000,000

4,800,000,000

100%

15%

10%

5%

12%

10%

8%

40%

Total amount of supply

ICO supplied

Operation

Bounty

Commons Budget

Initial SEED Farming

Founder

Reserve

08:08:08 (UTC+8) 8th, Aug., 2018.

1ETH = 10,000 SEED

ICO Crowd Sale:

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204. Issuance of SEED 2) ZERA

4. Issuance of SEED2) ZERA

12 ZERAs are issued by each species SEED.

The method of issuance is a bounty for proof of work through dAPP for

certain time of period. Block size of the ZERA's blockchain is variable.

As a separate block is formed by 12 marked GQs, so 12 blocks are formed

according to the time stamp.

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215. Road Map

Jun. 2017 Singapore SEED Group Project launched

Aug. 2018 SEED ICO Crowd Sale

Mar. 2018 SEED White Paper released

Feb. 2018 Master Plan for SEED Project released

Sep. 2018 SEED Trading Market plan to be announced

Nov. 2018 ZERA Planter APP Ver.0.1 to be released

Jul. 2018 KYC / White List be adopted

SEED and ZERA Token to be announced

(based on ERC20)

SEED and ZERA listing plan to be announced

Planter App plan to be announced

Initial SEED Farming plan to be announced

These are subject to changeaccording to furtherconfirmation of GQ.

5. Road Map

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226. Conclusion

6. ConclusionBlockchain is not supposed to exist only as virtual crypto currency in the virtual network. Scope of virtual

currency. the blockchain has made is only part of range of blockchain usage. Now, it's time to need a

visualized business platform by grafting new technology onto the trust of the blockchain. SEED shows a

paradigm to "participate in environment-saving behavior" to all the people living on Earth by applying the

blockchain and IoT to a business desperately requiring environmental preservation.

There is no need to worry about loss handled without notice through a contribution made to unspecified

organizations for environment or about any individual risk for energy business any more. With SEED,

all the investment and contribution made by each individual for global environment protection can be

handled transparently. This can contribute to not only preserve the environment but also raise the

individual's assets.

Saving Earth,

You can do it with SEED.