TM TM (April 2018) Corporate Presentation TSXV:...

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Corporate Presentation (April 2018) TSXV: BTL TM TM

Transcript of TM TM (April 2018) Corporate Presentation TSXV:...

Page 1: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Corporate Presentation(April 2018)

TSXV: BTL

TM TM

Page 2: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Forward Looking StatementThis presentation (the “Presentation”) and its contents are the property of BTL Group Ltd. (“BTL” or the “Company”). The recipient agrees that neither it nor its agents, representatives, directors or employees will copy, reproduce, or distribute this Presentation, in whole or in part. The recipient agrees not to disclose the contents of this Presentation to any other party.

Certain statements in this Presentation are forward-looking statements, which include information related financing, development of certain blockchain related technologies and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BTL. The Company assumes no obligation to update forward looking statements should circumstances or management’s estimates, intentions or opinions change.

This Presentation does not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to purchase or subscribe for any securities of the Company nor shall they or any part of them form the basis of or be relied upon in connection therewith or act as any inducement to enter into any contract or commitment with respect to such securities. The information contained herein was not prepared in connection with an offering of securities and in no way constitutes an offering memorandum for the purposes of applicable securities law. Further, this Presentation is for informational purposes only and must not be used or relied upon for the purpose of making any investment decision or engaging in any investment activity.

Neither BTL, nor any of their directors, officers, employees, agents or advisors make any representation or warranty in respect of the contents of this Presentation or otherwise in relation to BTL or their respective businesses. In particular, no representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information or opinions contained herein, which have not been independently verified. No person shall have any right of action (except in case of fraud) against BTL or any other person in relation to the accuracy or completeness of the information contained in this Presentation. The information contained in this Presentation is provided as at the date hereof and is subject to amendment, revision and updating in any way without notice or liability to any party.

Certain information contained herein has been prepared by third-party sources. The information provided herein has not been independently audited or verified, by BTL. BTL has used its reasonable best efforts to ensure the accuracy and completeness of the information presented.

Page 3: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

BTL is the creator of the next generation blockchain platform, Interbit, a token free, private, scalable and easy to use blockchain platform.

With Interbit you can quickly and easily build applications that keep you data private and secure.

Who is BTL?

Page 4: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

We know that blockchain technology is an important tool for developers who need to build distributed, resilient, transformational applications. We intend to provide this tool in a manner that empowers and supports enterprise application developers to implement blockchain for the right reasons.

Together, we believe that we can create a new generation of applications that deliver the best of what blockchain has to offer at enterprise scale. While others compete for time in the spotlight, we have been busy building something truly game changing.

As a company BTL has come a long way in the last two and a half years, from becoming a publicly traded company to delivering some of the highest profile blockchain pilots in the industry. Throughout this, we have been building a company, one with a highly qualified and experienced team who are driven to support both what we build and our partners, as we grow the Interbit blockchain ecosystem.

Our platform, Interbit, is 100% new code and is a next generation blockchain application platform that will meet the growing needs of our enterprise partners. Our patent pending chain joining technology will support multi-chain architectures that scale horizontally supporting 1000’s of transactions/sec per chain and provide true privacy by allowing sensitive data to be secured in separate chains.

Note from the CEO

Dominic McCann, CEO

While others compete for time in the spotlight, we have been busy building something truly game changing.”

Page 5: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

BTL has built and is patenting Interbit, a private permissioned blockchain platform designed to transform enterprises by streamlining IT processes, leading to reduced costs and risks.

Financial Details

Introductionto BTL and Interbit

Stock Code Canada TSXV:BTL

Shares Out 23,623,766

Market Cap CAD $182M

Share Price CAD $7.73

Equity Raised CAD $21.8m

Debt $0

Employees 30

Offices Vancouver, CanadaCalgary, CanadaLondon, United Kingdom

As of: Apr 22, 2018

Page 6: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

“There are uses for blockchain that could give us a competitive advantage,” said David Eyton, head of technology for BP. “Blockchain can be much more efficient in terms of speed and verification of transactions.”

The Opportunity

Financial Times, 3rd October 2017

“Still, while some see Devcon3 as a showcase of where ethereum is going, others see it as a showcase of the platform's current limitations…Scalability is one of the biggest hurdles” CoinDesk, 17th October 2017

“The Ethereum network itself is brittle, with constant innovation in both the tools, the languages for writing smart contracts, the testing frameworks, and the very structure of the Ethereum system.” Medium, 25th January 2017

FT Adviser, 15th February 2018

“Blockchain...is being explored and developed by institutions across the world and across sectors to see how it can be used to help make things easier and better for the end user.”

Research findings point to a significant opportunity for first movers in blockchain technology:

● The World Economic Forum expects blockchain technology to account for 10% or global GDP by 2027.1

● PWC believes blockchain could present a $5B-$10B cost-saving opportunity for reinsurance.2

● Worldwide spending on blockchain solutions is forecast to reach $2.1 billion in 2018...and total spending of $9.2 billion in 2021.3

● 70% potential cost savings on central finance reporting & 50% across business operations.4

● 15% of other public sector institutions plan to deploy DLT-based applications this year, and another 23% plan to do so within the next two years.5

● 100% of those exploring blockchain expect the technology to support their enterprises.6

1 World Economic Forum2 PWC3 International Data Corporation (IDC)4 Accenture / McLagan report “Banking on Blockchain”5 University of Cambridge6 IBM Report

Page 7: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Investment Rounds

3 year Timeline

Many chain Architecture

$655K $3m

2015 2016 2017 2018

VISA Interbank Settlement

BTL Listedon TSXV

EuropeanEnergy Pilot

SDK Partner Release

Third Party Security Audit

OneOfficeKick-off

Interbit Alpha

PatentFiling

Interbit Public Release

InterbitBeta

$15.4m

Page 8: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

The Evolution of Computing

Legacy Computing Blockchain InterbitCloud

Speed

Scalability

Minimal IT

Reduced Development Costs

Speed

Scalability

Minimal IT

Reduced Development Costs

Speed

Scalability

Minimal IT

Reduced Development Costs

Speed

Scalability

Minimal IT

Reduced Development Costs

Page 9: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Competitive Advantage

Many lightweight and joined blockchains give Interbit the advantage.

Interbit solves the speed problem for blockchain by using many lightweight blockchains instead of just

one. Interbit solutions are orders of magnitude faster than single-chain solutions.

An Interbit powered application scales by segregating responsibilities across many chains.

We’ve designed solutions that have more than 40,000 blockchains in a single application!

Privacy on Interbit is absolute because each Interbit chain is a separate privacy domain and each chain

has full control over what is shared.

Interbit saves development time. The applications we've built on Interbit have had

between 50% and 80% fewer lines of code than writing the same application on legacy

infrastructure.

Speed Scalability

Privacy ProductivityInterbit

Page 10: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Interbit RoadmapQ2 2018Interbit public MVP Featuring chain joining, Interbit’s way to securely share data between chains. Identity application that allows users to own their own identity

Q3 2018MarketplacePayment Processing/Billing supported

What are our major goals?

Q4 2018Mobile

Platform expansion

Hosting Configurable Application hosting

All roadmap milestones are estimated and subject to change

Security Audit Begins

The Interbit Store Application Marketplace

BFTByzantine Fault Tolerance

Page 11: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

With our first public milestone, we will be sharing Interbit Core and Interbit Platform with the world. These power the development and deployment of applications which will foster the growth of the Interbit ecosystem.

Interbit Expansion

Core is the blockchain engine that powers applications. Our core was built from the ground up, is lightweight enough to run in a browser, and powerful enough to run highly demanding enterprise systems, such as global financial settlement platforms.

Platform is a set of services and components common to applications. Identity management, payment processing, account management, among others. The Interbit platform supports all apps running on Interbit.

Ecosystem is our community and the network of applications that they build. Connecting applications with Interbit is easy and so applications can support one another and share services and data with one another. The Interbit ecosystem is a new kind of Internet.

Page 12: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Phase 2

Phase 1

Interbit for Energy: OneOffice

Completed Absolute Network Privacy• Scaling Potential (to 100sof Counterparties)• Cost Savings >30%

May 2017, BTL piloted Interbit in a first-of-its-kind energy trade confirmations platform with three European energy companies. In December 2017 the we commenced Phase 2 of the project with more participants.

In Progress • New super majors and energy traders join group to bring size to 9 members• A New Standardfor Energy Trading

Page 13: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Blockchain technology continues to struggle with scalability, privacy, ease of use, and enterprise adoption.

Interbit was built to solve these

2018 is the year blockchain is commercialized

Scalable

Interbit is a private, permissioned, scalable, easy to use enterprise blockchain platform. It enables you to build better applications, faster.

Private Secure

Page 14: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

- To set the standard for application development- Exponential growth- Reinvestment in our technology

“In a 2016 global IT budget study, Gartner reported a total worldwide IT spend of $2.69 trillion, citing increasing efficiency and business process productivity through technology as the number 1 and 2 priorities respectively.”

- Source: CBInsights

Where?$200 Billion Blockchain Market

Strategic AccountsSoftware Development Vendors

Direct Industry SalesCommunity Development

Partner Ecosystem

How?

Outcomes

Going to Market

Page 15: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Who We Are

Dominic McCannCEO & Director

Tom ThompsonCTO

Scott MaxwellCOO

John Thomson Director

Brian HinchcliffeDirector & Executive Chairman

Rob SuttieCFO

Guy Halford-ThompsonDirector

Stella HallHead of Marketing

Page 16: TM TM (April 2018) Corporate Presentation TSXV: BTLbtl.co/assets/pdf/BTL_Group_Corporate_Presentation_April_2018.pdf · BTL is the creator of the next generation blockchain platform,

Notes from Management

“After trying to get enterprise scalability and privacy using Ethereum I realized that wehad to start from scratch. We've designedan entirely new blockchain technology that natively supports thousands of lightweight chains that inherently delivers privacy and scalability. All this using well established

and proven tools and programming languages. There is absolutely no oneelse doing blockchain the way we are.”

- Tom Thompson, CTO(Creator of Interbit)

“I passionately believe in the transformational potential of blockchain technology. BTL has

correctly identified and solved for the privacy and scalability challenges through the innovative design and architecture of Interbit – which I

directly experienced during the Interbank Settlement pilot. The team is focused on excellence, meeting and exceeding client

expectations, along with building acompelling vision for the future.”

- Jon Downing, Advisory Board