xmc whitepaper 07062018 eng print -...
TRANSCRIPT
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 2
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Contents �
1. � Project � Overview .......................................................................................... 5
2. � Issues � in � the � Health � Care � Industry ........................................................... 6
2.1 � Demand � for � global � medical � big � data � management � .............................. � 6 �
2.2 � The � lack � of � unity � ......................................................................................... � 7 �
2.3 � Lack � of � patient � authority � in � medical � data � management � ....................... � 8 �
2.4 � Lack � of � high � quality � data � analysis � system � .............................................. � 8 �
2.5 � Mismatch � of � medical � resources � ................................................................ � 9 �
3. � Global � Medical � Market � Size ..................................................................... 10
4. � What � is � XMED � Chain(XMC)? ............................................................. 11
4.1 � Application � System � Based � on � Blockchain, � AI � & � Big � Data � Technologies
.................................................................................................................................... 11
4.2 � Advantage � of � using � XMC ............................................................................... 12
5. � Business � Model ........................................................................................... 14
6. � Functions � and � usages � of � XMC’s � syste ................................................ 16
6.1 � XMC’s � system � platform � specific � function ............................................... 16
6.2 � XMC’s � system � usage � for � individual � users ............................................... 17
6.3 � XMC’s � system � usage � for � medical � institutions ........................................ 24
6.4 � XMCT .................................................................................................................. 24
7. � Design � Principles � and � Technical � Architecture ..................................... 26
7.1 � Blockchain ......................................................................................................... 28
7.2 � Artificial � � Intelligence(AI) ......................................................................... 38
7.3 � OCR � automatic � identification ....................................................................... 40
7.4 � Micro-services .................................................................................................. 40
7.5 � Docker � conversion ........................................................................................... 42
8. � Roadmap � & � Long-Term � Development � Goals ...................................... 46
9. � Fund � Raising � and � Application � Plan ....................................................... 47
9.1 � XMCT � mechanism ............................................................................................ 47
9.2 � XMCT � sale � structure ........................................................................................ 47
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 3
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9.3 � XMCT � details ..................................................................................................... 48
9.4 � XMCT � total � usage � analysis ............................................................................ 48
9.5 � Capital � usage � budget ...................................................................................... 48
10. � Risk � Factors ............................................................................................... 50
10.1 � Amendment � or � Termination � of � the � Token � sale ..................................... 50
10.2 � Token � Risk ....................................................................................................... 51
10.3 � Project � Risk ..................................................................................................... 51
10.4 � Digital � Coin � Risk ............................................................................................ 51
10.5 � Regulatory � Risk .............................................................................................. 52
10.6 � Limited � Availability � of � Sufficient � Information ....................................... 53
10.7 � Immediate � Use � of � Token � sale � Proceeds � and � No � Refund � Policy ........ 54
10.8 � Cryptographic � Protections .......................................................................... 54
10.9 � Abandonment � or � Development � Failure ................................................... 55
10.10 � Theft � of � Token � sale � Proceeds .................................................................. 55
10.11 � Flaw � in � the � Source � Code ............................................................................ 55
10.12 � Unpermissioned, � decentralized � and � autonomous � ledger ................ 56
10.13 � Compromised � Security .............................................................................. 56
10.14 � “Distributed � Denial � of � Service” � Attacks ............................................ 57
10.15 � Inadequacy � of � Processing � Power ............................................................ 57
10.16 � Unauthorized � Claim � of � XMCT .................................................................. 58
10.17 � Loss � of � Private � Key ..................................................................................... 58
10.18 � Forking ........................................................................................................... 58
10.19 � Popularity ..................................................................................................... 59
10.20 � Market � Liquidity .......................................................................................... 59
10.21 � Price � Volatility .............................................................................................. 60
10.22 � XMC’s � Exposure � to � Cryptographic � Tokens ........................................ 60
10.23 � Conflict � of � Interests .................................................................................... 61
10.24 � Potential � Concentrated � Ownership � of � XMCT ...................................... 61
10.25 � Potential � Competitors ............................................................................... 61
10.26 � Third � Party � Developors � and � Suppliers ................................................... 62
10.27 � Potential � Misuse � of � XMC � its � Technologies � and � Brand ...................... 62
10.28 � Privacy � and � Data � Retention � Issues ......................................................... 63
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 4
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10.29 � General � Risks � Relating � to � the � Use � of � the � Internet � or � Other �
Electronic � Medium ................................................................................................. 64
10.30 � Tax � Matters � Relating � to � XMC’s � Operations ....................................... 66
10.31 � Tax � Matters � Relating � to � Participation � in � the � Token � sale .................. 66
10.32 � Incomplete � Information � Regarding � XMC ............................................. 67
10.33 � Further � Token � sales � and � Development � and � Sale � of � Additional �
Tokens ....................................................................................................................... 67
11. � Team � Profile .............................................................................................. 68
12. � Disclaimer .................................................................................................. 77
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 5
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1. � Project � Overview � �
The � demand � for � high � quality � health � care � experiences � grows � rapidly � by �
day � and � such � demand � for � Health � care � and � insurance � has � now � reached �
a � multi-institutional, � interregional � and � even � global � level. � In � such � a �
diversified � global � health � care � system, � medical � data � management � is �
facing � significant � challenges, � especially � in � relation � to � the � storage, �
management � and � sharing � of � personal � medical � data. � The � blockchain �
technology � with � its � decentralized � data � storing, � immune � from �
unauthorized � amendments � and � complete � trust � nature � can � build � an �
efficient � platform � for � the � storage, � management � and � sharing � of �
sensitive � medical � data. �
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XMED � Chain � (XMC) � is � the � world � first � application � system � that � utilizes � the �
blockchain � technology, � artificial � intelligence � (AI) � and � big � data � analytical �
power. � Users � or � patients � can � upload � and � manage � their � personal � medical �
records � through � XMC, � which � would � allow � them � to � have � ownership � of �
their � own � personal � data � that � cannot � be � edited � by � other � parties � without �
the � owner’s � authorization. � XMC � utilizes � the � characteristics � of �
blockchain, � such � as � decentralized � consensus, � “trustless”, � and �
immutable, � to � encrypt � and � store � personal � medical � data. � XMC � also �
utilizes � AI � and � big � data � to � analyze � and � provide � personalised � information �
of � the � global � medical � services � that � meets � the � need � of � the � users, � which �
will � provide � a � safe � and � efficient � data � management � platform � for �
individual � and � institutional � users. � XMC � will � be � an � important � milestone � in �
the � integration � of � a � borderless � health � care � system � so � as � to � realize � the �
global � sharing � of � the � medical � resources. �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 6
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Our � vision � is � to � build � a � patient-oriented, � sustainable � and � intelligentized �
ecosystem � in � medical � data � management � in � order � to � achieve � a �
globalized � health � care � system. �
2. � Issues � in � the � Health � Care � Industry �
2.1 � Demand � for � global � medical � big � data � management �
With � the � improvement � in � living � standards � and � advancement � in �
technology, � people's � expectation � for � a � higher � quality � health � services � is �
also � rising. � People � are � more � willing � to � pay � for � more � high-security �
nowadays. � Public � hospitals � are � no � longer � the � only � choice � in � terms � of �
medical � treatment. � Private � hospitals � and � overseas � medical � care � is �
gradually � becoming � the � middle � class � population’s � first � choice. � At � the �
same � time, � due � to � the � insufficient � coverage � for � serious � illnesses � by �
public � health � insurance, � many � middle � class � chose � to � purchase � private �
and � sometimes � overseas � health � insurance � to � meet � the � insufficiency. � The �
demand � for � medical � services � and � insurance � services � has � become � multi-
institutional, � inter-regional � and � even � global. � The � traditional � way � of �
medical � data � management � is � now � outdated � in � such � a � diversified � health �
care � environment � for � it � lacks � the � ability � to � be � shared � and � gathered �
easily. �
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Although � there � are � existing � laws, � policies � and � regulations � that � strictly �
regulate � the � protection � of � patients’ � privacy, � it � is � difficult � to � manage �
large � and � scattered � medical � data. � In � addition, � the � digitalization � of �
procedures � are � bringing � in � risks � to � information � security, � which � is �
making � the � globalization � of � health � care � services � even � more � difficult � to �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 7
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achieve. � �
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Facilitating � healthcare � service � providers, � medicine � and � medical �
equipment � manufacturers, � as � well � as � global � patients � are � calling � for � a �
secure � and � reliable � solution � to � manage � medical � data, � in � order � to �
achieve � a � system � that � focuses � on � the � patients. �
2.2 � The � lack � of � unity �
The � vast � majority � of � patients � can � only � hold � paper � records � issued � by � the �
hospital, � including � their � test � results, � X-ray, � treatment � reports, � etc. � When �
a � patient � goes � to � a � different � medical � institution, � it � is � required � for � the �
patients � to � reestablish � the � personal � medical � records � or � transfer � the �
records � from � the � old � hospital � to � the � new � one. � However, � paper � records �
are � easily � lost, � damaged � and � mishandled. � If � the � paper � record � is � lost � or �
damaged, � such � information � would � become � irretrievable. � If � such � record �
is � required � by � another � medical � or � insurance � institution, � all � lost �
information � will � have � to � be � recreated, � the � patient � may � need � to � take �
clinical � examinations � all � over � again. � This � is � causing � unnecessary � losses �
to � patients, � medical � and � insurance � institutions. �
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There � is � no � standard � format � for � keeping � a � medical � data � storage. � In � most �
cases, � patients � need � to � collect � and � provide � their � own � medical � records � to �
different � institutions. � Since � there � is � no � existing � system � to � effectively �
share � medical � data � directly � between � institutions, � different � institutions �
adopts � different � methodology � to � store � medical � data � and � therefore � the �
new � instituition � will � take � time � to � process � a � record � produced � by � a �
different � institution. �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 8
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2.3 � Lack � of � patient � authority � in � medical � data �
management �
From � the � perspective � of � the � patient, � they � have � a � passive � role � under � the �
traditional � medical � records. � The � primary � uses � of � the � medical � records � are �
for � the � doctors � and � most � patients � do � not � understand � their � own � records. �
In � addition, � patients � lack � control � over � the � management � of � their � own �
medical � records, � which � stores � a � large � extent � of � sensitive � medical �
information, � however � the � patient � is � unable � to � supervise � who � reads � or �
edits � their � medical � information. � Therefore, � patient’s � privacy � protection �
largely � depends � on � the � institutions � themselves. � Mishandled � medical �
data � and � accidental � leakage � of � sensitive � information � can � cause � serious �
consequences � and � may � be � an � infringement � on � the � patient’s � privacy. �
The � failure � to � take � practical � steps � to � safeguard � the � security � of � medical �
records � may � also � lead � to � patient’s � distrust � toward � medical � institutions. �
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The � patient’s � lack � of � trust � in � hospitals � and � physicians � is � a � major �
problem � in � China’s � health � care � system. � An � effective � medical � record �
system � empowering � patient � with � controls � over � the � management � of � their �
own � personal � medical � data � can � help � to � improve � the � trust � among �
patients, � physicians � and � institutions. � It � can � effectively � improve � quality � of �
care � and � also � prevent � medical � malpractice. �
2.4 � Lack � of � high � quality � data � analysis � system �
The � technology � of � AI � and � big � data � analysis � have � now � successfully � been �
applied � to � various � fields � successfully � but � the � application � of � AI � and � big �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 9
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data � analysis � into � the � field � of � health � care � is � still � being � developed. � The �
use � of � blockchain � technology � to � organize � medical � data � can � provide � an �
underlying � foundation � for � big � data � and � AI � analysis. � At � present, � due � to �
the � characteristics � such � as � being � too � diversified, � fragmented � and �
maybe � invalid, � it � is � difficult � to � ascertain � the � accuracy � and � efficiency � on �
the � analysis � based � on � such � data. � The � rapid � accumulation � of � medical �
information � by � blockchain � can � form � a � valuable � database � for � big � data �
analysis � and � eventually � achieve � a � highly � accurate � consultation � with � AI. �
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2.5 � Mismatch � of � medical � resources �
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The � allocation � of � quality � medical � resources � is � unbalanced, � due � to � the �
lack � of � knowledge � in � certain � areas � of � medical � care � and � the � asymmetry �
of � medical � information. � The � mismatch � of � medical � resources � hinders � the �
quality � and � efficiency � of � health � care. � Patients � searching � for � medical �
information � in � the � internet � may � receive � unreliable � information, � false �
treatment � advices � and � other � dangerous � results. � The � advancements � in �
medical � big � data � analysis � technology � helped � in � integrating � medical �
information � and � making � it � more � transparent. � In � addition � to � that, � the �
reliable � medical � information � can � reduce � the � irregularity � of � medical �
knowledge � and � promote � the � fair � distribution � of � medical � resources. �
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Issues � mentioned � above � can � be � tackled � through � utilizing � blockchain �
technology. � The � decentralized, � unchangeable � and � reliable � nature � of �
blockchain � can � provide � an � efficient � platform � for � the � storage, �
management, � sharing � and � analysis � of � sensitive � medical � data. � So �
patient's � authority � greatly � improved. � Medical � data � can � be � handled � in � a �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 10
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credible � and � confidential � way � and � the � integration � of � data � provides � an �
efficient � platform � for � big � data � analysis � and � AI � consultation. �
3. � Global � Medical � Market � Size �
In � the � past � 10 � years, � demands � of � global � and � cross � border � medical �
services � kept � rising. � Increasingly � aging � population, � growth � in � middle �
class’s � income, � increasing � costs � for � medical � insurance � and � medical �
expenditure � and � the � growth � in � income � in � developing � countries � are � all �
pushing � toward � higher � demands � in � health � care. � By � the � end � of � 2018, � the �
annual � cost � of � the � global � healthcare � market � is � expected � to � reach � over � 8 �
Trillion � USD � and � demands � for � cross-border � healthcare � service � would � be �
also � increased � to � be � 421 � Billion � USD. �
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Figure � 1. � Global � Medical � Market � Size �
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 11
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4. � What � is � XMED � Chain(XMC)? �
4.1 � Application � System � Based � on � Blockchain, � AI � & � Big �
Data � Technologies �
Figure � 2. � XMC � Application � Ecosystem �
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XMED � Chain � (XMC) � is � the � world � first � medical � data � application � system �
(Figure � 2) � based � on � the � blockchain, � AI � and � big � data � analysis �
technologies. � Users � can � upload � medical � records � through � XMC �
applications. � XMC � then � converts � such � medical � data � into � smart � contracts �
and � stores � them � in � blockchains. � Medical � data � that � are � converted � into �
smart � contracts � can � be � efficiently � applied � to � a � variety � of � health � care �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 12
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related � scenarios,improving � the � efficiency � and � quality � of � medical �
services, � insurance � services � and � researches � offered � by � institutions. � �
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XMC � will � be � using � easy-to-access � mobile � and � PC � applications � for � users �
to � upload � medical � records. � The � records � will � then � be � validated � and �
encrypted � with � blockchain � technology. � The � anonymous � data � will � be �
analyzed � by � the � AI � and � big � data � analytical � system. � Through � intellectual �
analysis � and � evaluation, � accurate � consultation � results � can � be � generated �
for � individual � or � institutional � users � with � higher � efficiency � and � quality. �
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With � data � aggregation � and � analysis, � XMC's � medical � data � can � be � used � in �
a � variety � of � scenarios. � User � can � sfely � store � and � manage � their � medical �
data � with � their � authorization. � The � medical � records � can � be � used � in � a �
number � of � services � by � institutional � users, � including � online � consultation, �
medical � appointment, � offer � information � on � insurance � products � and �
other � value-added � services. � Encrypted � data � can � also � be � securely � shared �
between � healthcare � providers � as � well � as � among � patients � XMC � aims � to �
facilitate � the � standardization � of � medical � data � processing � and � implement �
a � system � where � users � can � exchange � information � with � each � other � safely �
and � transparently, � ultimately � forming � a � globalized � medical � data � system �
based � on � users’ � needs. �
4.2 � Advantage � of � using � XMC �
� XMC � is � the � first � blockchain � project � aiming � to � promote � global � health �
care � integration. � Through � the � use � of � blockchain � technology, � XMC � can �
provide � a � secured, � reliable � and � speedy � data � exchange. � XMC � effectively �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 13
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solves � issues � in � the � medical � industry � which � was � discussed � in � Chapter � 2 �
above. �
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1) � XMC � is � the � first � blockchain � project � to � integrate � and � globalise �
medical � service � through � applying � blockchain, � AI � and � big � data �
technologies. � The � decentralized � feature � of � the � blockchain � technology �
allows � the � instantaneous � distribution � of � information. � OCR � enables � the �
patients � to � take � photos � of � their � relevant � medical � records, � which � can � be �
uploaded � in � a � convenient � and � fast � way � and � the � patient-uploaded � data �
can � interact � as � the � structured � and � modifiable � data � (modifiable � before �
establishing � the � block). � Thereafter, � the � system � continues � to � provide �
accurate � analysis � with � the � help � of � artificial � intelligence � and � big � data �
technologies. � The � AI � and � big � data � technologies � provides � accurate �
analysis � to � generate � global � medical � solutions � to � users. � XMC � speeds � up �
data � sharing � among � institutions � and � provides � the � foundation � for � global �
medical � service � integration. �
�
2)Safe � and � reliable � medical � data � circulation �
The � XMC � system � greatly � improves � data � security. � The � encrypted � nature �
of � the � blockchain � technology � ensure � the � safe � circulation � of � medical �
data. � Patients � can � provide � encrypted � medical � records � to � institutions � and �
authorize � data � circulation � among � agencies � with � confidence. �
�
3)Efficient � data � sharing � among � users �
Users � can � send � their � medical � data � or � medical � records � to � the � doctors � or �
patients � who � might � require � reference. �
�
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 14
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4)Utilization � of � global � medical � services �
Individual � users � can � obtain � global � information � on � medical � services � from �
XMC’s � analysis. � Medical � big � data � can � solve � the � problem � of � information �
asymmetry � and � provide � patients � with � safe � and � transparent � medical �
information, � including � medical � service � information, � treatment � programs, �
satisfaction � rating � and � other � relevant � information � helping � patients � to �
select � the � best � global � medical � program � that � meets � their � medical � needs. �
�
5)Build � a � health � chain � that � everyone � benefits � from �
XMC � is � an � application � with � a � wide � range � of � users. � Every � individual � or �
institutional � user � that � provides � and � shares � medical � data � can � receive �
XMC � Token � ("XMCT") � as � a � reward � for � the � contribution � to � the � medical �
ecosystem. � Individual � users � can � upload � medical � records � and � save �
encrypted � data � on � XMC, � making � it � a � digital � asset. �
5. � Business � Model �
We � have � profound � experience � in � global � health � care � and � is � capable � of �
meeting � the � needs � (efficient � therapeutic � methods) � of � a � wide � range � of �
users � by � providing � a � variety � of � health-related � services, � as � they � are �
extremely � aware � of � the � insufficiency � in � the � current � health � care � model. �
The � accumulation � of � user � data � can � help � to � improve � XMC’s � intelligent �
analysis. � Both � parties � can � benefit � from � the � XMC � ecosystem. �
�
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 15
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Figure � 3. � Online � & � offline � business � model �
�
� �
The � XMC’s � system � analyzes � medical � records � uploaded � by � users � and �
provide � professional � suggestions � to � meet � users’ � needs � for � medical �
services, � such � as � medical � appointments, � information � about � referral �
services � of � medical � centres, � information � on � body � checks � services � and �
information � on � insurance. � XMC � and � cooperating � organizations � can �
provide � a � wide � range � of � corresponding � health � services. � Ultimately � the �
XMC � will � achieve � a � strong � linkage � and � sustainable � business � cycle � in � the �
global � health � care � industry. �
� �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 16
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6. � Functions � and � usages � of � XMC’s � syste �
6.1 � XMC’s � system � platform � specific � function �
The � XMC’s � system � is � divided � into � two � terminals, � users, � and � system �
management. � The � three � different � terminals � can � achieve � a � variety � of �
functions. � The � enterprise � terminal � will � allow � data � management � system �
docking, � user � registration, � retrieving � medical � records � and � other �
management � functions. � Patient � terminal � will � provide � a � platform � for �
medical � record � upload, � AI � analysis, � authorize � record � usage � and � other �
functions. � Management � terminal � can � provide � smart � contract �
management � service, � node � permission � and � other � management �
functions. �
Figure � 4. � XMC � Features �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 17
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6.1.1 � Smart � contract � management �
The � operation � manager � of � the � blockchain � can � add � terms � on � the � original �
smart � contract � and � optimize � the � protocol � of � the � application � system. �
Such � operation � is � transparent � and � open. �
6.2 � XMC’s � system � usage � for � individual � users �
The � XMC’s � system � utilizes � blockchain, � AI � and � big � data � technologies � to �
provide � users � with � a � multi-functional, � secured � and � user-friendly �
application. � Through � the � application � of � smart � contract, � users � can � submit �
their � medical � records � or � other � medical � data � to � XMC. � The � XMC’s � system �
analyzes � the � data � and � generates � optimal � medical � service � options � for �
such � user � and � provides � a � platform � of � information � for � patients � to � locate �
a � safe � one-stop � health � care � consultation. �
�
After � the � registration, � individual � users � have � direct � access � to � quality �
health � care � information � through � big � data � analysis � provided � by � the �
platform. � XMC � can � also � improve � accuracy � of � analysis � by � AI � analysis � of �
user � data. �
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 18
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Figure � 5. � XMC’s � system � usage � for � individual � user �
�
6.2.1 � Submission � and � verification � of � medical � records �
After � users � register � accounts � in � PC � or � mobile � application, � medical �
records � can � be � transmitted � to � the � public � server � (public � log) � in � the � form �
of � image � files. � The � system � uses � OCR � to � automatically � identify � the �
modifiable � text � of � the � corresponding � module. � The � user � can � modify � the �
identification � results, � then � save � it � to � the � server, � and � modify � or � delete � the �
information. � Only � medical � reports � or � medical � records � created � with �
blocks � can � be � sent � to � others. � After � blocks � are � built, � they � can � be � viewed �
and � deleted, � but � they � can � not � be � modified. �
�
Example: � User � A � uploads � his � medical � record � to � XMC. � Other � users � on � the �
XMC � network � can � verify � the � medical � record � uploaded. � If � proven � valid, �
the � access � right � of � the � medical � data � is � managed � by � user � A. � In � the � future, �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 19
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user � A � can � authorize � physicians � and � medical � institutions � to � access � his �
medical � information � when � needed, � reducing � redundant � data � entry � work, �
preventing � error � and � improving � medical � efficiency. �
�
Data � verification � �
Data � verification � process � uses � AI � to � identify � contents, � including � but � not �
limited � to � : � gender, � age, � country � and � area, � hospital � name, � disease �
diagnosis, � main � treatment � technologies, � drug � name, � treatment � cost, �
drug � cost � and � so � on. � Through � the � AI � system, � nodes � determine � and �
verify � data � in � six � and � more � fields � to � reach � consensus � to � determine � the �
validity � of � the � medical � record. � The � medical � record � is � then � automatically �
stored � in � the � data � block, � waiting � for � subsequent � identification � and �
translation � jobs. �
�
Figure � 6. � Medical � record � verification �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 20
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6.2.2 � Identification � and � translation � of � the � medical � experience �
reports � and � medical � records �
After � verification � of � the � medical � record, � the � AI � system � identifies � and �
converts � contents � into � text � format. � �
�
For � each � piece � of � medical � data, � the � AI � will � identify � the � contents. �
Interactive � data � will � be � generated � with � the � recognized � results. � In � order �
to � obtain � more � reliable � results, � the � consensus � mechanism � of � blockchain �
technology � is � used � so � that � each � node � (peer) � can � perform � secondary �
identification � on � the � interactive � data. � Finally, � the � system � will � convert � the �
data � into � text � format. � AI � technology � is � used � once � again � to � translate � text �
into � a � highly � structured � text. � and � data � will � be � stored � in � a � decentralized �
manner. �
�
� Identification � and � Translation �
� AI � technology � can � automatically � recognize � the � verified � medical � records �
data � and � use � OCR � technology � to � translate � after � identifying � the � content. �
Translation � results � will � be � shown � to � users � using � POW � reward �
mechanism. �
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 21
21
Figure � 7. � Identification � and � translation � of � medical � records �
�
6.2.3 � Intelligent � match � of � medical � data �
After � aggregation � and � verification � of � medical � records, � the � XMC � system �
maximizes � the � value � of � data � to � match � users � with � medical � resource �
information � that � best � matches � the � user’s � need � by � using � AI � and � big �
data � analysis. �
�
XMC � system � searches � and � matches � data � in � the � database � using � AI �
technology. � The � AI � performs � intelligent � screening � at � different � levels � of �
the � results, � optimizing � medical � resources � and � realizing � higher � level �
utilization � of � AI � in � the � medical � field. � Users � can � obtain � quality � search �
results � by � uploading � medical � record. � When � patients � upload � medical �
experience � reports � or � medical � records � through � the � XMC � system, � and �
then � verify � the � validity, � the � information � will � be � stored � in � the � medical �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 22
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resource � database. � When � other � patients � have � query � needs, � the � system � is �
searched � and � matched � by � AI � big � data � technology, � which � can �
recommend � therapeutic � solutions � for � the � patients. � Users � without �
medical � records � can � also � make � partial � analysis � based � on � available �
information. � �
�
Example: � 10000 � medical � records � of � lung � cancer � patients � are � uploaded �
to � the � XMC. � The � records � are � then � verified � and � stored � in � the � database. �
When � other � users � have � consultation � needs, � the � AI � and � big � data �
technology � compound � can � perform � intelligent � search � and � generate �
corresponding � results � to � users. �
�
Figure � 8. � XMC � application � showcase: � Personal � blockchain � medical � records �
connect � to � global � medical � data �
�
�
�
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 23
23
Figure � 9. � XMC � application � showcase: � Find � optimal � global � medical � data �
�
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Figure � 10. � XMC � application � showcase: � wallet, � product � purchase, � GP � booking �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 24
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6.3 � XMC’s � system � usage � for � medical � institutions �
When � XMC’s � system � completes � API � docking � with � medical � institutions, �
the � following � functions � can � be � performed: � �
�
1) � Medical � institutions � analyze � the � data � provided � by � the � XMC’s � system �
and � develop � data-driven � options � to � better � utilize � medical � resources � and �
prevent � waste � of � resources. � �
�
2) � The � XMC’s � system � establishes � a � comprehensive � evaluation � system �
for � medical � institutions, � with � unified � standards � to � assess � target � disease, �
treatment � technology, � service � pricing � and � other � factors � in � different �
institutions. � Through � big � data � analysis, � simple � questions � can � be �
answered. � For � example, � what � type � of � sophisticated � surgeries � are �
performed � by � the � hospital? � Or � which � surgery � is � most � cost-effective? � �
�
3) � User � generated � big � data � can � be � used � to � improve � patient-centered �
medical � services, � including � tiered � health � care � system � (diagnosis, �
treatment � and � rehabilitation), � telemedicine � and � health � management. �
6.4 � XMCT �
In � the � traditional � medical � environment, � individual � users � have � no � direct �
control � over � their � medical � records � and � do � not � realize � the � value � of �
personal � medical � information. � Users � of � the � medical � information � cannot �
guarantee � the � authenticity � of � the � information � obtained. � The � future � of �
medical � data � should � be � transparent � and � open, � which � leads � to � the �
concept � of � XMCT. � XMCT � will � be � circulated � in � the � XMC � ecosystem, �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 25
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designed � for � all � users � who � contribute � to � a � harmonious � and � shared �
economic � ecology. � �
�
XMCT � ensures � that � user’s � verification � tasks � are � rewarded. � This � can �
effectively � reduce � malicious � behaviors. � In � the � XMC � ecosystem, � we � create �
a � shared � environment � that � will � benefit � all � users � (patients, � physicians � and �
health � care � related � institutions) � and � ensure � accurate � and � effective �
medical � data � exchange. �
�
The � core � value � of � the � XMC � system � is � based � on � medical � data �
management � and � analysis � with � the � reward � of � tokens. � The � users � can � be �
rewarded � with � XMCT � after � they � have � successfully � registered, � upload �
their � medical � record � and � pass � the � verification � process. � The � user � can � also �
obtain � tokens � by � uploading � a � medical � record � or � assisting � in � verification �
of � medical � records. � User � can � pay � tokens � to � obtain � health � service �
information � generated � by � AI � analysis. �
�
Figure � 11. � Function � of � XMCT �
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XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 26
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7. � Design � Principles � and � Technical � Architecture �
The � system � design � is � based � on � the � following � five � principles: � Firstly, � the �
system � safety � is � the � topmost � priority; � Secondly, � all � operations � are �
unable � to � be � tampered � and � are � well � Thirdly, � protect � the � privacy, �
desensitize � the � sensitive � data; � Fourthly, � improve � user � experience � as �
much � as � possible; � Fifthly, � the � system � must � have � elasticity � and �
adaptability. � �
�
Block � chain � is � a � low-cost, � high-security, � customizable � and � encapsulated �
decentralization � trust � solution � tool � based � on � encryption � technology. � It � is �
also � an � innovative � application � mode � of � distributed � data � storage, � point-
to-point � transmission, � consensus � mechanism, � encryption � algorithm � and �
other � computer � technologies � that � have � emerged � in � the � Internet � age. � At �
present, � its � application � has � extended � to � many � fields, � such � as � the � internet �
of � things, � intelligent � manufacturing, � supply � chain � management, � digital �
asset � transaction � and � so � on. � �
�
In � a � narrow � sense, � the � block � chain � is � a � kind � of � chain-type � data � structure �
formed � by � the � data � blocks � in � the � form � of � a � sequential � connection, � and �
the � non-tempered � and � non-forged � distributed � accounts � are � ensured �
with � the � help � cryptography. � �
�
Broadly � speaking, � the � block � chain � technology � is � a � brand-new �
distributed � infrastructure � and � computing � paradigm � which � uses � block �
chain � data � structure � to � verify � and � store � data, � use � distributed � node �
consensus � algorithm � to � generate � and � update � data, � use � cryptography � to �
ensure � the � security � of � data � transmission � and � access, � and � utilize � the �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 27
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intelligent � contract � constituted � by � the � automated � scripting � code � to �
program � and � manipulate � data. � �
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By � analyzing � the � block � chain � technology � from � the � perspective � of �
information � safety, � the � key � advantages � of � the � same � are: � �
�
(1) � It � can � utilize � the � high-redundant � database � to � ensure � the � information �
completeness; � �
�
(2) � It � can � utilize � the � relevant � cryptography � theory � to � have � data �
validation � and � ensure � the � untamperability; � �
�
(3) � It � can � utilize � multiple � private � keys � to � carry � out � access � control. � �
�
Based � on � the � trustworthiness, � security � and � untamperability � of � block �
chain, � we � choose � block � chain � as � the � basic � support � technology � of � our �
system. � It � meets � the � first � and � second � articles � of � our � design � principles. �
However, � because � all � data � are � available � in � the � whole � network, � it � can � not �
satisfy � the � third � principle � of � design: � privacy � protection. � �
�
Super � account � book � is � a � unique � design � and � implementation � of � the �
block � chain � technology, � which � provides � support � for � enhancing � privacy. �
One � of � its � important � characteristics � lies � in � the � support � of � multichannel �
(Multiple-channel). � Using � this � feature, � some � members � of � the � book �
network � can � negotiate � and � construct � an � exclusive � channel � to � isolate �
with � the � outside. � The � nodes � outside � the � channel � can � not � see � the �
accounts � and � transaction � data, � so � as � to � greatly � improve � the � privacy. � The �
cost � of � privacy � is � to � use � all � kinds � of � extra � calculations � for � guaranteeing, �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 28
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thus � reducing � the � processing � speed � greatly. � So � we � take � into � account �
both � speed � and � privacy, � and � use � a � unique � cross-chain � structure � to �
combine � the � subchain � based � on � the � ether � chain � and � the � alliance � chain �
based � on � the � supper � account � book. �
�
The � input � of � medical � record � information � is � very � complicated, � and � it � is �
easy � to � crack � down � on � the � user's � enthusiasm � in � improper � handling. � We �
use � OCR � technology � to � automatically � identify � the � medical � record �
information, � so � as � to � reduce � the � user's � burden � and � improve � the � user �
experience. � �
�
In � order � to � make � the � system � flexible � and � adaptable, � we � use � a � lot � of �
microservices � and � docker � conversions. � Microservice � solves � the �
complexity � of � system � function � division. � Docker � solves � the � complexity � of �
the � system � deployment. � The � combination � of � the � two � ensures � the �
flexibility � and � adaptability � of � the � system, � which � makes � our � system �
always � meet � the � business � and � performance � requirements � during � the �
business � development � process �
7.1 � Blockchain �
7.1.1 � Block � chain � common � technology � requirements �
�
Through � the � systematic � analysis � of � the � application � scenarios � in � the �
medical � field, � the � technical � requirements � for � the � application � of � the �
blockchain � are � extracted. � In � addition � to � the � general � technologies � such �
as � distributed � system, � cryptographic � algorithm � and � member �
management, � the � following � technical � requirements � are � included: �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 29
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1) � Modularization � and � plug-in: � In � order � to � improve � the � research � and �
development � efficiency, � maintainability � and � portability � of � blockchain �
applications, � the � core � functions � of � the � blockchain � system � should � be �
modular, � configurable � and � extensible � to � facilitate � the � construction � of �
upper-layer � applications. � �
2) � High � performance: � Breakthrough � the � performance � bottlenecks �
of � existing � blockchain � technologies � to � enhance � the � capacity � of � the �
blockchain � system � to � meet � the � high-performance � requirements � of � the �
mainstream � transaction � network. � �
3) � Data � consistency: � the � use � of � scientific � and � reasonable � data �
algorithms � to � reduce � data � synchronization � delay, � ensure � data �
consistency, � avoid � data � confusion � and � misalignment � and � reduce � the � risk �
of � accidental � bifurcation. � �
4) � Interoperability: � Interoperability � between � different � blockchains �
requires � efficient � communication � protocols, � unified � API � and � block � data �
formats � and � efficient � connectivity. � �
5) � Economically � reasonable: � to � select � technologies � that � will � meet �
the � needs � of � the � system � but � to � also � reduce � technical � complexity � and �
avoid � high � energy � consumptions. � �
6) � Security � and � privacy: � to � popularize � the � blockchain � technology, �
data � storage, � data � transmission � and � data � applications � and � other � aspects �
of � security � and � privacy � protection � must � be � ensured. � �
7) � Safe � and � reliable: � actively � implement � security � and � information �
technology � strategies � to � give � priority � to � the � use � of � safe � running �
hardware � and � software � products. �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 30
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7.1.2 � Blockchain � technology � architecture �
A � typical � block � chain � technology � architecture, � as � shown � in � Figure � 13, �
based � on � the � analysis � of � the � existing � blockchain � system � of � technical �
solutions � and � needs. �
Figure � 12. � Block � chain � technology � architecture �
� �
7.1.2.1 � Core � technology � components �
The � core � technology � components � include � the � basic � components, �
protocols � and � algorithms � on � which � the � block � chain � system � relies. � These �
are � further � subdivided � into � four � layers � of � communications, � storage, �
security � mechanism � and � consensus � mechanism. � �
A, � communication: � blockchain � is � usually � using � P2P � technology � to �
organize � the � various � network � nodes, � each � node � communicates � with �
each � other � through � the � multicast � routing. � �
B, � storage: � During � operation � period, � blockchain � data � is � stored � in �
memory � as � blockchain � data � structures � and � will � ultimately � will � be � stored �
in � the � database � as � persistent � storage. � For � larger � files, � it � can � also � be �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 31
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stored � in � the � file � system � outside � the � chain, � while � the � summary � (digital �
fingerprint) � can � be � saved � to � the � chain � for � self-certification. � �
C, � security � mechanism: � through � a � variety � of � cryptographic � principles �
for � data � encryption � and � privacy � protection � to � ensure � the � security �
mechanism � of � the � blockchain � system. � For � the � public � chain � or � other �
blockchain � systems � involving � financial � applications, � high-strength � and �
reliable � security � algorithms � are � the � basic � requirements � to � achieve �
national � level � secrecy � and � to � achieve � certain � advantages � in � efficiency. � �
D, � consensus � mechanism: � strategies � and � methods � for � achieving �
agreement � among � nodes � in � a � blockchain � system � should � be � flexibly �
selected � according � to � different � types � of � systems � and � application �
scenarios. �
�
7.1.2.2 � Core � application � component �
The � core � application � component � provides � a � unique � application � for � the �
blockchain � features � allowing � the � use � of � digital � distribution � of � digital �
assets � through � programming, � through � the � preparation � of � smart �
contracts � using � scripting � language � to � operate � the � blockchain � assets. � The �
Incentive � Mechanism � maintains � the � blockchain � system � with � safe � and �
stable � operation. � The � Alliance � Chain � and � Proprietary � Chain � also � requires �
supporting � facilities. �
�
7.1.2.3 � Supporting � facilities �
In � the � development � phase, � blockchain � as � a � typical � distributed � system �
requires � the � necessary � development � tools � and � testing � environment. � In �
the � production � stage, � an � appropriate � operation, � maintenance � system �
and � operation � management � functions � must � be � established. � �
�
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At � the � deployment � level, � the � blockchain � system � can � be � deployed � on � a �
single � server � as � a � node � in � the � chain-to-chain � network. � It � can � also � be �
deployed � on � multiple � servers � and � joined � as � a � cluster � node � in � a � cluster �
network. � The � latter � can � improve � the � stability � and � throughput � of � nodes, �
which � is � more � suitable � for � those � consensus � mechanisms � that � have �
higher � requirements � for � node � availability. �
7.1.3 � Cross-chain �
Based � on � the � dual � consideration � of � credibility � and � privacy � protection, �
the � system � uses � a � cross-chain � structure, � creates � a � XMC � subchain � based �
on � the � Ethernet � chain, � and � creates � a � XMC � alliance � chain � based � on � the �
super � account � book. � �
�
The � XMC � subchain � is � responsible � for � maintaining � all � the � information � of �
XMCT, � making � all � operations � and � data � of � XMCT � public � and � verifiable, �
thus � possessing � a � certain � credibility. �
�
The � XMC � alliance � chain � is � responsible � for � the � medical � record �
maintenance � and � sharing, � making � the � information � and � operation � of � the �
medical � record � only � visible � to � the � owner � of � the � medical � record � and � the �
sharer � with � the � owner’s � permission. � It � is � to � protect � the � patient's �
privacy. � The � following � is � a � flow � chart � for � the � patient � to � upload � the �
medical � record. � It � can � be � seen � that � the � patient's � privacy � is � well �
protected. �
�
�
�
�
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Figure � 13. � Flow � chart � for � the � patient � to � upload � the � medical � record �
�
7.1.4 � System � composition �
Figure � 14. � System � composition �
�
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7.1.5 � Key � Technology � of � Block � Chain � Core �
7.1.5.1 � Consensus � mechanism � Commonly � used � common � mechanism �
mainly � PoW, � PoS, � DPoS, � Paxos, � PBFT � and � so � on. � �
�
7.1.5.2 � Data � Storing �
1)Data � Structure � In � the � blockchain � technology, � the � data � is � stored � in � a �
block-by-block � fashion. � The � blocks � are � generated � and � connected �
sequentially � in � chronological � order � and � each � block � records � all � the �
transaction. � information � that � occurred � during � the � creation. � The � data �
structure � of � a � block � is � generally � divided � into � a � header � and � a � block. �
Where � the � block � header � is � used � to � link � to � the � previous � block � and � to �
ensure � the � integrity � of � the � historical � data � through � the � timestamp �
feature. � The � block � body � contains � all � the � transaction � information �
generated � during � the � validation � process. �
�
2)Database � The � organization � of � the � forms � of � data � structure � is � generally �
divided � into � two � types, � Key-Value � type � and � relational � database. � Key-
Value � data � structure � organization � is � relatively � simple, � it � can � process �
large � amount � of � data � request � concurrently � such � as � simple � operation �
interface � of � basic � read, � write, � modify, � deleteand � also � other � functions. �
However, � it � does � not � support � complex � SQL � functions � and � transactions. �
Relational � database � uses � relational � model � to � organize � data � and �
supports � a � variety � of � SQL � functions, � it � is � functional � and � supports �
transactions. � However, � the � processing � speed � is � average � and. � Database �
deployment � is � generally � divided � into � two � types, � single � and � distributed. �
Single � type � database � ensures � strong � consistency � and � good � availability. �
Distributed � type � database � models � the � distributed � architecture � in �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 35
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physical � deployment � , � which � can � provide � high � concurrent � read � and � write �
performance � and � fault � tolerance � with � strong � usability � and � partition � fault �
tolerance. � However, � due � to � the � need � of � data � synchronization, � there � is �
weak � data � consistency � in � the � distributed � architecture � and � can � only �
guarantee � overall � consistency. �
�
7.1.5.3 � Network � protocol �
Blockchain � network � protocols � generally � use � the � P2P � protocol � to � ensure �
that � each � computer � in � the � same � network � is � equal � to � each � other, � each �
node � provides � network � services � without � any � node � being � "special". �
Different � blockchain � systems � will � make � their � own � P2P � protocols � as �
needed. � For � example, � Bitcoin � has � a � network � protocol � and � Ethereum � also �
has � its � own � network � protocol. �
�
7.1.5.4 � Encryption � Algorithm �
� 1)Hash � algorithm � �
The � principle � is � to � convert � a � piece � of � information � into � a � fixed � length � and �
have � the � following � characteristics � of � the � string: � �
(1) � If � a � piece � of � information � is � the � same, � then � the � characters � are � the �
same. � �
(2) � Even � if � the � two � pieces � of � information � are � very � similar, � but � as � long � as �
there � is � difference, � then � the � string � will � be � very � random � and � there � will � be �
no � correlation � between � the � two � strings. � �
�
2)Asymmetric � encryption � algorithm � The � asymmetric � encryption �
algorithm � consists � of � a � corresponding � pair � of � unique � keys � (ie, � public �
and � private � keys). � Anyone � who � learns � the � user's � public � key � can � encrypt �
the � information � with � the � user's � public � key � and � interact � with � the � user � to �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 36
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implement � the � security � information. � Because � of � the � existence � of � the �
public � key � and � the � private � key � between � the � relationship, � only � the � user �
itself � can � decrypt � the � information, � any � unauthorized � users � and � even � the �
sender � of � the � information � cannot � decrypt � this � information. �
�
7.1.5.5 � Privacy � protection � �
At � present, � the � data � transmitted � and � stored � on � the � blockchain � are � all �
publicly � available � and � a � certain � degree � of � privacy � protection � guaranteed �
to � the � parties � through � the � "pseudo-anonymous" � approach. � For � certain �
business � scenarios � involving � a � large � number � of � trade � secrets � and �
benefits, � the � exposure � of � the � data � does � not � meet � business � rules � and �
regulatory � requirements. � At � present, � the � industry � generally � believes � that �
zero � knowledge � proof, � ring � signature � and � holomorphic � encryption �
technology � is � more � promising � to � solve � the � block � chain � of � privacy � issues. �
�
7.1.5.6 � Smart � contract � �
A � smart � contract � can � be � viewed � as � a � program � that � can � be � run �
automatically � on � a � blockchain, � which � covers � programming � languages, �
compilers, � virtual � machines, � events, � state � machines � and � fault � tolerance �
mechanisms. � �
�
The � virtual � machine � is � the � operating � environment � of � the � smart � contract �
in � the � block � chain. � The � virtual � machine � is � not � only � wrapped � in � a �
sandbox, � but � in � fact � it � is � completely � isolated. � That � is, � the � code � that � runs �
inside � the � virtual � machine � cannot � access � the � network, � the � file � system, � or �
other � processes � and � even � between � the � smart � contract � can � only � be �
limited � calls. � �
�
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Smart � contract � is � essentially � a � procedure, � there � is � the � possibility � of � error �
and � even � lead � to � serious � problems � or � a � series � of � chain � reactions. � To �
ensure � that � the � contract � is � executed � within � the � expected � time, � there �
needs � to � be � a � full � fault-tolerant � mechanism � through � systematic � means, �
combined � with � an � isolated � operating � environment. �
7.1.6 � The � unique � security � features � of � block � chain � technology �
7.1.6.1 � Write � the � security � of � the � data �
Under � the � effect � of � the � consensus � mechanism, � only � when � the � majority �
of � nodes � (or � multiple � key � nodes) � of � the � whole � network � think � that � this �
record � is � correct, � the � authenticity � of � the � record � can � be � recognized � by �
the � whole � network, � and � the � recorded � data � is � allowed � to � be � written � into �
the � block. � �
�
7.1.6.2 � Read � the � security � of � the � data � �
Blockchains � do � not � have � inherent � information � to � read � security �
restrictions, � but � can � control � information � reads � to � some � extent, � such � as �
encrypting � certain � elements � of � a � blockchain, � and � then � passing � the � key �
to � the � relevant � participant. � At � the � same � time, � the � complex � consensus �
agreement � to � ensure � that � anyone � in � the � system � to � see � the � books � are � the �
same, � which � is � an � important � means � to � prevent � double � payment. � �
�
7.1.6.3 � Distributed � Denial � of � Service � (DDOS) � Attack � Resistance � �
The � distributed � architecture � of � the � blockchain � gives � its � point-to-point, �
multi-redundancy � characteristics � and � there � is � no � single � point � of � failure. �
Therefore, � it � is � much � more � tolerant � to � deal � with � denial � of � service � attacks �
than � a � central � system. � Even � if � one � node � fails, � the � other � nodes � are � not �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 38
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affected � and � the � user � connected � to � the � failed � node � cannot � connect � to �
the � system � unless � there � is � a � mechanism � to � support � them � connecting � to �
other � nodes. �
7.2 � Artificial � � Intelligence(AI) �
7.2.1 � Technical � category �
From � the � supply � chain � perspective, � we � divide � the � artificial � intelligence �
industry � into � three � levels: � the � basic � technology � layer, � the � application � of �
technology � and � product � service � layer. � �
�
The � basic � technology � layer � includes � artificial � intelligence � chip, � machine �
learning � algorithm � and � framework � and � other � basic � support � technology. �
Which � machine � learning � mainly � includes � the � hottest � depth � of � learning �
and � other � shallow � machine � learning. � �
�
Application � technology � layer � includes � voice � technology, � image �
technology, � semantic � technology, � robot � technology � so � that � the � machine �
can � listen, � can � see, � can � think, � can � say, � dynamic � technology. � �
�
Product � service � layer � refers � to � the � products � or � services � that � produce �
artificial � intelligence � technology � in � a � specific � vertical � industry, � including �
automatic � driving, � intelligent � security, � intelligent � finance, � intelligent �
medical � care, � smart � home, � intelligent � robot � (mainly � for � intelligent �
medical � field). � �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 39
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In � the � application � of � technology, � voice � technology � allows � the � machine �
to � listen � to, � including � speech � recognition � (so � that � the � machine � can �
listen), � voice � synthesis � (so � that � the � machine � can � say) � etc… � Image �
technology � including � face � recognition, � image � recognition � and � so � on. �
Semantic � technology � enables � machines � to � think, � including � text �
categorization, � information � retrieval, � machine � translation, � Q � & � A �
systems. � Robot � technology � enables � machines � to � be � active, � including �
kinematics, � dynamics, � and � navigation. �
7.2.2 � Technology � implementation � �
7.2.2.1 � Basic � Technology �
TensorFlow � is � the � most � in-depth � learning � framework. � Google � has � also �
developed � a � dedicated � chip � TPU, � will � improve � the � performance � of � an �
order � of � magnitude. � The � Google � Cloud � Platform � provides � a � cloud �
machine � learning � engine � based � on � TensorFlow. � �
Microsoft � open � source � of � the � depth � of � learning � toolkit � CNTK, � launched �
a � cloud � platform � based � on � artificial � intelligence � super � cloud � computer. �
�
7.2.2.2 � Application � technology �
Google � Cloud � Platform � provides � natural � language, � voice, � translation, �
visual, � video � intelligence � and � other � common � application � technology �
interface. � Microsoft � Cognitive � Services � (Microsoft � Cognitive � Services) �
has � a � collection � of � a � variety � of � intelligent � API � and � knowledge � API � 20 �
kinds � of � tools � available � for � developers � to � call. �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 40
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7.3 � OCR � automatic � identification �
Through � enacting � the � template, � the � OCR � automatic � recognition � of � the �
medical � record � picture � is � realized, � so � that � the � process � of � the � patient � in �
filling � in � the � medical � record � information � is � automated, � the � user �
threshold � is � reduced, � and � the � intent � to � use � is � improved. �
7.4 � Micro-services �
The � microservice � architecture � solves � the � problem � of � complexity � by �
decomposing � the � huge � monomer-type � application � into � multiple � service �
methods. � Within � the � premises � of � unchanged � functions, � the � application �
is � decomposed � into � multiple � manageable � branches � or � services. � Each �
service � has � a � clear � boundary � defined � by � RPC- � or � message � driven � API. �
The � microservice � architecture � model � provides � a � modular � solution � for �
the � function � difficult � to � be � realized � in � employing � the � monomer-type �
coding � means. � Therefore, � a � single � service � is � easy � to � be � developed, �
understood � and � maintained. �
�
This � architecture � enables � each � service � to � be � developed � by � a � specialized �
development � team. � Developers � can � freely � choose � the � development �
technology � to � provide � API � services. � Of � course, � many � companies � only �
provide � some � technical � options � because � they � try � to � avoid � disorders. �
Such � flexibility � implies � that � developers � do � not � have � to � be � forced � to � use �
the � outdated � technology � employed � at � the � beginning � of � a � project. �
Instead, � they � can � choose � the � present � technology. � Moreover, � because �
services � are � relatively � simple, � using � the � current � technology � to � rewrite �
the � previous � code � is � indeed � not � very � difficult. �
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�
The � microservice � architecture � mode � is � the � independent � deployment � of �
each � microservice. � Developers � no � longer � need � to � coordinate � the � impact �
of � other � services’ � deployments � on � this � service. � This � change � can � speed �
up � the � deployment. � UI � team � can � use � AB � tests � to � realize � quick �
deployment � changes. � The � microservice � architecture � mode � makes �
continuous � deployment � possible. � The � microservice � architecture � mode �
enables � each � service � to � expand � independently. � You � can � deploy � the � scale �
to � meet � the � demand � according � to � the � scale � of � each � service. � Even � you �
can � use � hardware � that � is � more � suitable � for � service � resource �
requirements. � For � example, � you � can � deploy � CPU � sensitive � service � on � EC2 �
Compute � Optimized � instances � while � deploy � memory � database � on � EC2 �
memory- � optimized � instances. �
�
XMC � super � account � book � service, � XMC � Ethernet � service, � XMC � store �
service, � OCR � identification � service, � Captcha � service, � EMail � service � and �
SMS � service � are � all � realized � in � the � pattern � of � microservice � with � no �
connection. � The � coupling � relationships � of � various � partsin � the � system � are �
completely � removed, � the � logical � relationshipsof � various � parts � are �
simplified. � As � a � result, � the � data � handling � capacity � of � the � system � is �
guaranteed � effectively. �
�
With � the � development � of � the � system, � the � amount � of � data � will � increase �
significantly, � and � the � demand � for � operational � capabilities � will � increase �
synchronously. � The � architecture � of � microservice � enables � the � system � to �
increase � processing � capability � linearly � to � meet � the � requirements. �
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7.5 � Docker � conversion �
Various � service � functions � employ � docker � conversion, � which � has � the �
following � characteristics: �
7.5.1 � Continuous � deployment � and � test � �
Docker � has � great � attraction � in � the � world � of � development, � operation � and �
maintenance, � because � it � can � maintain � the � cross-environment �
consistency. � In � the � life � cycle � of � development � and � release, � different �
environments � have � subtle � differences, � which � might � be � caused � by � the �
versions � and � dependencies � of � different � installation � packages. � However, �
Docker � can � solve � this � problem � by � ensuring � environment � consistency � in �
the � whole � process � from � development � to � product � release. � The � Docker �
container � maintains � all � configurations � and � dependencies � within � itself. �
Ultimately, � you � can � use � the � same � container � throughout � the � entire �
process � from � development � to � product � release, � so � as � to � ensure � that �
there � is � no � difference � or � manual � intervention. �
�
With � Docker, � you � can � also � ensure � that � developers � do � not � need � to �
configure � exactly � the � same � product � environment, � instead � they � can � build �
virtual � machines � on � their � own � systems � through � VirtualBox � to � run � the �
Docker � container. � The � charm � of � Docker � is � that � it � also � allows � you � to � run �
the � same � container � on � Amazon � EC2 � instance. � If � you � have � to � complete �
an � upgrade � in � a � product � release � cycle, � you � can � easily � put � things � that �
need � to � be � changed � into � the � Docker � container, � test � them, � and � make � the �
same � changes � to � the � container � that � you � already � possess. � This � flexibility �
is � a � major � benefit � of � using � Docker. � Just � the � same � as � the � standard �
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deployment � and � integration � processes, � Docker � enables � you � to � build, �
test, � and � publish � mirrors � that � can � be � deployed � across � multiple � servers. �
Even � if � a � new � security � patch � is � installed, � the � whole � process � is � the � same �
as � well. � You � can � install � the � patch, � then � test � it, � and � release � the � patch � to �
the � product. �
�
7.5.2 � Multiple-cloud � platform � �
One � of � the � greatest � benefits � of � Docker � lies � in � the � transportability. � Over �
the � past � few � years, � all � mainstream � cloud � computing � providers, � including �
Amazon � AWS � and � Google � GCP, � have � integrated � Docker � into � their �
platforms � and � increased � their � own � supports. � The � Docker � container � can �
be � operated � on � the � platforms � providing � mainframe � service � system, � such �
as � Amazon's � EC2 � instances, � Google's � GCP � instances, � Rackspace � servers, �
or � VirtualBox. � For � example, � if � the � Docker � container � running � on � an �
Amazon � EC2 � instance � can � easily � be � transplanted � to � several � other �
platforms, � such � as � VirtualBox, � and � achieves � similar � consistency � and �
functionality, � it � will � allow � you � to � abstract � it � from � the � infrastructure � layer. �
In � addition � to � AWS � and � GCP, � Docker � also � runs � very � well � in � other �
different � IaaS � providers, � such � as � Microsoft's � Azure, � OpenStack, � and � Chef, �
Puppet, � and � Ansible, � which � can � be � used � by � managers � with � different �
configurations. �
�
7.5.3 � Environment � standardization � and � version � control � �
Through � the � process � described � above, � Docker � container � can � ensure �
consistency � in � different � development � and � product � release � lifecycles, � so �
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44
as � to � further � standardize � your � environment. � In � addition � to � that, � the �
Docker � container � can � also � allow � you � to � submit � changes � to � Docker �
mirrors � and � manage � them � through � different � versions, � just � like � git �
warehouse. � Imagine � that � if � you � damage � your � entire � environment �
because � you � have � upgraded � a � component, � Docker � can � allow � you � to �
easily � roll � back � to � the � version � previous � to � the � mirror. � This � whole � process �
can � be � completed � in � a � few � minutes, � and � if � it � is � compared � to � a � virtual �
machine � backup � or � a � mirror � creation � process, � the � Docker � is � quite � fast. � It �
allows � you � to � copy � and � achieve � redundancy � quickly. � In � addition, � starting �
Docker � is � as � fast � as � running � a � process. � �
�
7.5.4 � Isolation � �
Docker � can � make � sure � that � your � application � is � separated � from � resources. �
Docker � ensures � that � each � container � has � its � own � resources � and � is �
isolated � from � other � containers. � You � can � use � different � containers � to � run �
applications � using � different � stacks. � In � addition, � if � you � want � to � delete �
some � applications � directly � on � the � server, � it � is � relatively � difficult, � because �
this � can � lead � to � dependency � conflicts. � However, � Docker � can � give � you �
assistance � and � ensure � that � the � application � is � completely � eliminated. �
Because � different � applications � run � on � different � containers, � and � if � you � no �
longer � need � an � application, � you � can � simply � delete � the � application �
through � deleting � the � container � and � have � no � temporary � file � or �
configuration � file � on � your � host � operating � system. � �
�
In � addition � to � the � above � benefits, � Docker � can � also � ensure � that � each �
application � uses � only � the � resources � allocated � to � it � (including � CPU, �
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memory � and � disk � space). � the � special � software � application � will � not � use � all �
your � available � resources, � as � it � might � cause � performance � degradation �
and � even � stop � other � applications � from � working � if � it � does � so. �
�
7.5.5 � Safety � �
From � the � perspective � of � safety, � Docker � ensures � the � application � in � the �
container � to � be � completely � isolated � with � the � applications � in � other �
containers, � giving � you � complete � control � power � in � communication � flow �
and � management. � Docker � container � can � not � peep � at � processes � running �
in � other � containers. � From � an � architectural � point � of � view, � each � container �
uses � its � own � resources � only � (from � process � to � network � stack). � �
�
As � a � means � of � fastening � and � safety, � Docker � regards � the � sensitive � mount �
points � (such � as � /proc � and � /sys) � on � the � host � operating � system � as � read-
only � mount � points, � and � uses � a � write � - � time � copying � system � to � ensure �
that � the � container � does � not � read � the � data � of � other � containers. � Docker �
also � restricts � some � system � calls � on � host � operating � system, � and � runs � well �
with � SE � Linux � and � App � Armor. � In � addition � to � that, � the � Docker � images �
available � on � Docker � Hub � are � ensured � of � their � reliability � by � digital �
signature. � Because � the � Docker � container � is � isolated � and � the � resource � is �
limited, � even � if � one � of � your � applications � is � hacked, � it � will � not � affect � the �
application � that � runs � on � other � Docker � containers. �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 46
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8. � Roadmap � & � Long-Term � Development � Goals �
Figure � 15. � Roadmap �
� �
Figure � 16. � Long-Term � Development � Goals �
�
� �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 47
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9. � Fund � Raising � and � Application � Plan �
9.1 � XMCT � mechanism �
XMCT � is � issued � by � initial � coin � offering � (ICO) � with � an � upper � limit � set, �
which � accounts � for � 11.4% � of � the � total � tokens � generated. � For � more �
information, � see � Chapter � below. � XMCT � total � supply � will � be � set � as: �
700,000,000 � XMCT. � 11.4% � tokens � will � be � used � in � ICO � public � sale. � The �
price � is � 0.1 � USD � Dollar � for � 1 � � XMCT. �
9.2 � XMCT � sale � structure �
• Hard � Cap: � USD � 8M �
• XMCT � will � be � allocated � to � early � purchasers �
�
Private � Seed � �
• $2M � (Invite � Only) �
�
Private � Pre-sale �
• $4M � (Invite � Only) �
Please � Advise � XMC � Team � of � the � private � presale � bonus � Structure �
�
Public � Pre-sale �
• $2M, � 15% � Bonus �
• 50% � Principle � lockup � for � 3 � months �
• Bonus � Lockup � for � 3 � months � �
• Individual � 2ETH � - � 50ETH �
�
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 48
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9.3 � XMCT � details �
• � The � XMCT � sale � will � have � a � hard � cap � of � USD � 8M � �
• � Based � on � the � ETH � smart � contract � �
• � The � exchange � rate � between � XMCT � and � ETH � based � on � the � exchange �
rate � as � issued � by � coinmarketcap.com � on � 8am � Hong � Kong � time � of � the �
day, � your � amounts � of � XMCT � will � be � confirmed � by � email � notifications. �
9.4 � XMCT � total � usage � analysis �
Tokens � issued � will � be � distributed � as � follows: � �
• � 11.4% � traded � token � funds � are � owned � by � the � foundation � �
• � 63.6% � reserved � tokens � are � held � by � the � foundation � for: �
� � � � --33.6% � for � the � sustained � development � of � the � foundation �
� � � � --30% � for � the � ecological � deployment � �
• � 15% � owned � by � all � employees � of � the � foundation � �
• � 10% � owned � by � the � early � purchasers �
*30% � of � the � foundation's � savings � tokens � are � not � for � sale � for � 24 � months. � �
*The � XMCT � held � by � the � early � purchasers � shall � not � be � sold � for � 6 � months. � �
*Foundation � employees � hold � XMCT � sharing � a � turnover � period � of � 12 �
months, � with � a � quarterly � turnover � of � 25% � and � are � not � to � be � sold � for � 6 �
months. �
�
9.5 � Capital � usage � budget �
• � 5% � - � Legal � & � related � administration � fees � on � token � sale � raising. �
• � 10% � - � Domestic � and � international � publicity � & � Ecological � Construction � �
• � 30% � - � R&D � team � expansion �
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• � 25% � - � Marketing � usage �
• � 30%- � Build � offline � payment � networks � in � different � countries � to � speed �
up � users � acquisition �
�
� �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 50
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10. � Risk � Factors �
There � are � a � number � of � risks � involved � in � this � token � sale, � as � well � as � the �
future � development, � maintenance � and � running � of � XMC. � Some � of � these �
risks � are � beyond � our � control � and � our � liability � is � limited � as � set � out � in � the �
Disclaimers � in � Chapter � 12 � below. � Each � purchaser � should � comprehend, �
consider � and � evaluate � carefully � the � risks � described � below � in � addition � to �
any � other � available � information � before � committing � to � the � XMC. �
Each � purchaser � should � pay � particular � attention � to � the � fact � that � the � XMC �
does � not � have � any � specific � physical � presence. � In � addition, � the � legal � and �
regulatory � position � of � the � XMC � � may � vary � depending � on � the � facts � and �
circumstances. � They � may � therefore � fall � within � the � purview � of � one � or �
more � jurisdictions, � at � least � to � some � extent, � and � the � legal � and � regulatory �
implications � may � therefore � be � unexpected. �
Participation � in � the � token � sale � shall � be � taken � as � an � action � after � careful �
and � prudent � analysis � and � evaluation, � and � will � be � deemed � as � the � relevant �
purchaser � having � been � fully � informed, � advised � and � willing � to � bear � all � of �
the � risks � associated � with � it. � �
10.1 � Amendment � or � Termination � of � the � Token � sale �
At � the � date � of � the � Terms � and � Conditions, � we � are � still � seeking � legal �
advice � on � a � number � of � matters � including � but � not � limited � to � the �
governance � structure, � operational � plan � and � the � Token � sale � process. �
Pending � such � advice, � some � or � all � aspects � of � the � Terms � and � Conditions, �
the � White � Paper � and � other � materials � may � need � to � be � amended, � as �
announced � on � the � Website. � The � purchaser � should � be � aware � of � the � risks �
associated � with � any � possible � changes, � which � may � have � adverse � effects �
on � the � utility � and � legitimacy � of � the � XMC. �
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10.2 � Token � Risk �
XMC � has � no � intention � of � being � an � investment � platform. � XMCT � are � not �
securities, � nor � are � they � intended � to � resemble � a � security � (debt � or � equity) �
in � any � form � of � any � jurisdiction. � XMCT � is � the � digital � currency � that � drives �
users � to � use � the � products � in � the � platform. � Holders � of � the � XMCT � will � not �
be � entitled � to � any � dividends � or � distribution � by � the � company � nor � are �
they � empowered � with � any � management � rights � over � the � platform � and �
the � company. �
10.3 � Project � Risk �
The � same � as � any � project, � the � development � and � execution � of � XMC � may �
have � the � risk � of � delay � or � even � failure. � Although � the � core � team � has � a �
good � record � in � research � and � development � and � business � management �
experience, � this � is � not � a � guarantee � for � success. � The � team � will � strive � to �
implement � milestones � outlined � in � the � project � roadmap � and � will � publish �
our � progress � and � challenges � as � transparently � as � possible. �
10.4 � Digital � Coin � Risk �
The � volatility � of � digital � coin � is � dramatic. � Please � do � not � buy � XMCT � over �
the � amount � you � can � accept. � The � best � thing � to � do � is � to � diversify � your �
portfolio � and � make � digital � coin � a � reasonable � part � of � your � assets. � This �
however � does � not � constitute � an � investment � advice. � Like � any � blockchain, �
please � take � the � time � to � understand � our � projects � and � visions. � Our � goal � is �
to � for � purchasers � from � like-minded � people � who � want � to � actively �
participate � in � our � open � research � platform. �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 52
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10.5 � Regulatory � Risk �
Cryptographic � tokens � may � be � overseen � by � the � legal � and � regulatory �
authorities � of � a � number � of � jurisdictions � globally. � The � XMCT � may � receive �
notices, � queries, � warnings, � requests � or � rulings � from � one � or � more �
authorities � upon � short � notice, � or � may � even � be � ordered � to � suspend � or �
terminate � any � action � in � connection � with � the � token � sale � as � a � whole �
without � prior � notice. � Furthermore, � many � aspects � of � the � token � sale � also �
involve � untested � areas � of � law � and � regulation, � and � could � be � subject � to �
new � laws � or � regulations. � Therefore, � their � legal � and � regulatory � outcome �
in � all � relevant � jurisdictions � is � not � possible � to � predict. � The � planning, �
development, � marketing, � promotion, � execution � or � otherwise � of � XMC � or �
the � token � sale � may � be � seriously � affected, � hindered, � postponed � or �
terminated � as � a � result � of � such � new � laws � and/or � regulations. � Since �
regulatory � policies � can � change � with � or � without � prior � notice, � any � existing �
regulatory � permissions � for � or � tolerance � of � XMC � or � the � Token � sale � in � any �
jurisdiction � may � be � withdrawn � without � warning. � XMCT � could � be �
deemed � from � time � to � time � as � a � virtual � commodity, � a � digital � asset � or �
even � as � money, � securities � or � currency � in � various � jurisdictions � and �
therefore � could � be � prohibited � from � being � sold, � purchased, � traded, �
distributed � or � held � in � certain � jurisdictions � pursuant � to � local � regulations. �
In � turn, � XMCT � could � be � deemed � to � be � a � regulated � or � restricted � product. �
There � is � no � guarantee � that � XMCT � and � XMC � can � maintain � any � particular �
legal � or � regulatory � status � in � any � particular � jurisdiction � at � any � time. �
The � regulatory � environment � for � blockchain � and � digital � coin � is � still � at � an �
early � stage � of � development. � We � will � do � our � utmost � to � comply � with � the �
development � of � all � legal � and � regulatory � policies, � but � we � cannot � foresee �
how � the � regulations � will � affect � our � project � and � platform � development. �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 53
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We � will � strictly � comply � with � relevant � laws � and � regulations, � including, � but �
not � limited � to, � real � estate, � finance, � securities � and � other � related � laws � and �
regulations. � In � the � presence � or � occurrence � of � relevant � registration, �
approval, � filing � and � other � procedures, � XMC � will � strictly � follow � the �
procedures � to � perform � the � relevant � procedures. � At � the � same � time, � XMC �
will � strictly � comply � with � the � current � laws � and � regulations � relating � to �
promoters’ � restrictions � and � foreign � exchange � control. �
In � any � area � where � XMC � carries � out � the � relevant � blockchain � business, � we �
will � comply � with � local � laws � and � regulations, � including, � but � not � limited � to, �
registration, � approval, � filing � and � other � related � procedures. �
In � addition, � there � may � be � other � regulatory � requirements � in � relation � to �
the � services � available � on � the � XMC, � such � as � licencing. � We � cannot �
guarantee � such � licences � would � be � granted � but � we � will � use � our � best �
effort � to � obtain � any � necessary � licence � in � order � to � comply � with � any �
regulatory � requirements. �
10.6 � Limited � Availability � of � Sufficient � Information �
The � XMC � is � still � at � an � early � development � phase � as � of � the � date � of � the �
Terms � and � Conditions. � Its � governance � structure, � fees, � purpose, �
consensus � mechanism, � algorithm, � code, � infrastructure � design � and � other �
technical � specifications � and � parameters � may � be � updated � and � changed �
frequently � without � notice. � While � the � White � Paper � contains � the � key �
information � currently � available � in � relation � to � XMC, � it � is � subject � to �
adjustments � and � updates � from � time � to � time, � as � announced � on � the �
Website. � Purchasers � will � not � have � full � access � to � all � the � information �
relevant � to � XMCT. � Nevertheless, � given � the � nature � of � the � XMC, � it � is �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 54
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anticipated � that � significant � milestones � and � progress � reports � will � be �
announced � on � the � website, � together � with � purchase � options � as �
applicable. � �
10.7 � Immediate � Use � of � Token � sale � Proceeds � and � No �
Refund � Policy �
Initially � we � will � operate � with � limited � funding � and � will � therefore � rely �
heavily � on � the � token � sale � proceeds � raised � in � the � token � sale � in � order � to �
operate � and � develop � the � XMC. � By � participating � in � the � Token � sale, � you �
acknowledge � that � we � shall � be � entitled � to � utilize � the � proceeds � raised �
immediately � and, � in � the � event � that � the � development � of � the � XMC � is �
terminated � for � whatever � reason, � you � will � not � be � entitled � to � refund � of � the �
part � of � the � proceeds � that � were � spent � already. � �
10.8 � Cryptographic � Protections �
Cryptography � is � evolving � and � there � can � be � no � guarantee � of � security � at �
all � times. � Advancement � in � cryptography � technologies � and � techniques, �
including � but � not � limited � to � code � cracking, � the � development � of � artificial �
intelligence � and/or � quantum � computers, � could � be � identified � as � risks � to �
all � cryptography-based � and/or � blockchain � based � systems � including �
XMCT � and � XMC. � When � such � technologies � and/or � techniques � are � applied �
to � XMCT � and � XMC, � adverse � outcomes � such � as � theft, � loss, � disappearance, �
destruction, � devaluation � or � compromising � of � XMC � may � result. � The �
security � of � XMCT � and � XMC � cannot � be � guaranteed � as � the � future � of �
cryptography � or � security � innovations � is � unpredictable. �
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10.9 � Abandonment � or � Development � Failure �
Due � to � the � technically � complex � nature � of � the � XMC, � we � could � face �
difficulties � from � time � to � time � that � may � be � unforeseeable � and/or �
unresolvable. � Accordingly, � the � development � of � XMC � could � fail, �
terminate � or � be � delayed � at � any � time � for � any � reason � (including � but � not �
limited � to � a � lack � of � funds). � Development � failure � or � termination � may �
render � XMCT � not � transferable, � of � reduced � or � no � utility � whatsoever, �
and/or � obsolete. �
10.10 � Theft � of � Token � sale � Proceeds �
There � may � be � attempts � to � steal � the � Token � sale � proceeds. � Such � theft � or �
attempted � theft � may � impact � our � ability � to � fund � the � development � or �
maintenance � of � XMCT � and � XMC. � While � we � will � endeavour � to � adopt �
industry � best � practices � to � keep � the � Token � sale � proceeds � safe � (including �
but � not � limited � to � the � use � of � cold � storage � and � multi-signature �
authentications), � successful � cyber � thefts � may � still � occur. �
10.11 � Flaw � in � the � Source � Code �
While � we � adopt � quality � assurance � procedures � to � help � ensure � the � source �
codes � as � accurately � as � possible � reflect � their � intended � operation, � the �
flawlessness � of � the � source � codes � cannot � be � guaranteed. � They � may �
contain � bugs, � defects, � inconsistencies, � flaws � or � errors, � which � may �
disable � some � functionality, � create � vulnerabilities � or � cause � instability. �
Such � flaws � may � compromise � the � predictability, � usability, � stability, � and/or �
security � of � the � XMCT � and � XMC. � Open � source � codes � rely � on � transparency �
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to � promote � community-sourced � identification � and � solution � of � problems �
within � the � code. �
10.12 � Unpermissioned, � decentralized � and �
autonomous � ledger �
The � XMC � is � being � developed � to � serve � various � distributed � ledger � systems �
including � but � not � limited � to � Ethereum, � which � are � unpermissioned �
protocols � that � could � be � accessed � and � used � by � anyone. � In � addition � to � the �
use � of � decentralized � ledgers, � we � intend � to � make � use � of � supporting �
technologies � that � also � operate � on � decentralized � ledgers. � The � utility � and �
integrity � of � the � XMC � relies � on � the � stability, � security � and � popularity � of �
these � decentralized � ledgers. � XMC � is � envisaged � to � be � an � open, �
decentralized � community � and � its � composition � can � include � users, �
supporters, � developers, � XMCT � holders � and � other � participants � worldwide �
who � may � or � may � not � be � connected � with � us � in � any � manner. � Given � the �
diversity � of � the � underlying � technologies, � the � XMC � is � intended � to � be �
decentralized � and � autonomous � in � nature � as � far � as � its � maintenance, �
governance � and � evolution � are � concerned. � �
10.13 � Compromised � Security �
The � XMC � relies � on � open � source � software � and � unpermissioned �
decentralised � distributed � ledgers � including � but � not � limited � to � Ethereum. �
Accordingly, � anyone � may � intentionally � or � unintentionally � compromise �
the � core � infrastructural � elements � of � XMC � and � its � underlying �
technologies. � This � may � consequently � result � in � the � loss � of � any � digital �
tokens � held � on � the � XMC � wallet � and � may � cause � the � utility � of � XMCT � to � fall. � �
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10.14 � “Distributed � Denial � of � Service” � Attacks �
As � an � open � source � project, � XMC � is � connected � to � a � number � of � public � and �
unpermissioned � systems � and � therefore � may � suffer � cyber-attacks, �
including � “distributed � denial � of � service” � at � any � time. � These � attacks �
may � temporarily � or � permanently � impair, � stagnate � or � paralyze � the �
network � of � the � XMC � system. � This � may � result � in � delays � to � the � recording �
of � transactions � or � inclusion � of � transactions � in � the � blocks � of � the � relevant �
blockchain. � In � severe � cases, � XMC � may � also � become � unusable � for � an �
extensive � and � undefined � period � of � time. � �
10.15 � Inadequacy � of � Processing � Power �
The � ramp � up � of � the � XMC � may � be � accompanied � by � sharp � increases � in �
transaction � numbers � and � demand � for � processing � power. � If � the � demand �
for � processing � power � outgrows � that � forecasted, � the � network � of � the � XMC �
could � be � destabilized � and/or � stagnated. � This � may � create � opportunities �
for � fraudulent � activities � including � but � not � limited � to � false � or �
unauthorized � transactions � (such � as � “double-spending”) � to � arise. � All �
these � may � adversely � impact � the � usability, � stability � and � security � of � the �
XMC. �
�
�
�
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10.16 � Unauthorized � Claim � of � XMCT �
XMCT � can � be � claimed � in � bad � faith � by � any � person � who � successfully � gains �
access � to � the � holder’s � wallet, � email � or � if � applicable, � the � purchasers �
account � they � have � registered � on � the � Website. � This � can � be � as � a � result � of �
deciphering � or � cracking � the � holder’s � password � or � private � key, � phishing �
scams � and/or � other � hacking � techniques. � Subsequently, � these � XMCT � may �
be � sent � to � anyone � and � such � remittance � is � not � revocable � or � reversible. � It �
is � recommended � that � all � XMCT � holders � should � take � appropriate � security �
measures � to � safeguard � their � wallets � (including � but � not � limited � to � the � use �
of � two-factor � authentication). � Each � XMC � holder � is � responsible � for � the �
security � of � their � wallet � and � email � on � the � Website � at � all � times. �
10.17 � Loss � of � Private � Key �
The � loss � or � destruction � of � a � private � key � will � permanently � and � irreversibly �
deny � the � holder � access � to � their � XMC. � XMC � are � controlled � only � by � the �
validation � of � both � the � relevant � unique � public � and � private � keys � through �
the � local � or � online � wallet. � While � it � is � recommended � that � all � XMC � holders �
protect � and � securely � store � their � private � keys, � each � holder � is � responsible �
for � safeguarding � the � private � keys � applicable � to � their � own � wallets. � �
10.18 � Forking �
The � XMCT � is � developed � on � the � Ethereum � blockchain, � which � is � an � open �
source � protocol. � Once � released � to � the � open � source � community, � anyone �
may � develop � a � patch � or � upgrade � for � the � source � code � of � Ethereum �
without � prior � permission � by � anyone � else. � The � acceptance � of � patches � or �
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upgrades � by � a � significant, � but � not � necessarily � overwhelming � percentage �
of � the � Ethereum � holders � could � result � in � a � “fork” � in � the � Ethereum �
blockchain. �
The � temporary � or � permanent � existence � of � forked � blockchains � could �
adversely � impact � the � operation � of � XMC � and � the � utility � of � XMCT. � Such � a �
fork � can � undermine � the � sustainability � of � XMC � ecosystem, � and � may �
destroy � or � frustrate � the � XMC. � While � a � fork � in � the � blockchain � could �
possibly � be � rectified � by � community-led � efforts � to � re-merge � the � two �
separate � branches, � success � is � not � guaranteed � and � could � take � an �
undetermined � amount � of � time � to � achieve. �
10.19 � Popularity �
The � utility � of � XMCT � is � dependent � on � the � popularity � of � the � XMC. � XMCT �
may � not � be � popular, � prevalent � or � widely � distributed � after � the � Token �
Launch. � XMCT � may � remain � marginalized � in � the � long � run, � appealing � to �
only � a � minimal � fraction � of � users. � Also, � it � may � be � the � case � that �
speculators � could � end � up � being � key � drivers � of � XMCT � demand. � An �
absence � of � active � users � or � low � level � of � utilization � may � negatively � affect �
the � long-term � development � and � future � of � the � XMC, � and � reduce � or �
obviate � the � utility � of � XMCT. � �
10.20 � Market � Liquidity �
After � the � Token � Launch, � we � are � not � responsible � for � the � subsequent �
circulation � and � trading � (if � any) � of � XMCT. � XMCT � is � not � money, � legal �
tender � or � currency, � fiat � or � otherwise, � issued � by � any � individual, � entity, �
central � bank � or � national, � supra-national � or � quasi-national � organization, �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 60
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nor � is � it � backed � by � any � type � or � quantity � of � assets, � property � or � credits, �
nor � does � it � represent � any � entitlement � to � any � distributions � of � profits, �
dividends, � or � any � other � returns � or � payments � of � any � kind. � The � utility � of �
XMCT � is � solely � based � on � the � views � expressed � by � buyers � and � sellers. � We �
have � no � obligation � nor � anyone � else � to � redeem, � repurchase � or � acquire �
any � XMCT � from � any � XMCT � holder. � There � is � no � guarantee � or � assurance �
that � there � may � be � a � market � where � holders � may � readily � trade � XMCT. � �
10.21 � Price � Volatility �
The � circulation � of � XMCT � is � not � our � responsibility, � and � we � will � not �
support � or � otherwise � facilitate � the � secondary � trading � of � XMCT. � As � a �
result, � XMCT � may � not � circulate � freely � or � widely, � and � may � not � be � listed �
on � any � secondary � markets. �
Many � cryptographic � tokens � have � volatile � prices. � Even � if � XMCT � do �
circulate � on � secondary � markets, � large � fluctuations � in � price � over � short �
timeframes � may � occur. � Such � fluctuations � could � result � from � market �
dynamics � (including � but � not � limited � to � speculations), � regulatory �
changes, � technical � advancements, � exchange � availabilities � and � other �
factors � that � impact � the � equilibrium � between � token � supply � and � demand. �
10.22 � XMC’s � Exposure � to � Cryptographic � Tokens �
After � the � completion � of � this � Token � sale, � we � expect � that � a � certain � portion �
of � the � proceeds � may � be � converted � into � and/or � held � in � other �
cryptocurrencies � or � cryptographic � utility � tokens. � For � the � avoidance � of �
doubt, � no � XMCT � holder � has � any � right, � title � or � interest � in � any � such �
cryptographic � tokens. �
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10.23 � Conflict � of � Interests �
As � the � initial � supplier � and � architect � of � the � XMC, � we � have � substantial �
influence � in � the � set-up, � governance � and � initial � operations � of � the � XMC. �
We � may � undertake � its � activities, � and � exercise � applicable � rights, � powers �
and � remedies, � even � if � this � involves � an � actual � or � perceived � conflict � of �
duty, � or � any � person � has � a � personal � interest � in � their � exercise. �
10.24 � Potential � Concentrated � Ownership � of � XMCT �
Immediately � after � the � completion � of � the � Token � sale, � a � number � of �
individuals, � including � but � not � limited � to � the � directors, � advisors � and � early �
our � early � backers � may � directly � or � indirectly � own � significant � proportion �
of � total � available � XMCT. � These � significant � XMCT � holders � may, � acting �
alone � or � in � concert, � not � necessarily � make � decisions, � such � as � holding �
most � of � the � XMCT � to � themselves, � that � are � in � the � best � interests � of � the �
other � XMCT � holders � or � the � wider � XMC � community � as � a � whole. �
10.25 � Potential � Competitors �
The � XMC’s � underlying � infrastructural � systems � will � utilise � public �
decentralized � ledger � which � are � open � source � in � nature. � Therefore, �
anyone � can � copy, � replicate, � change, � enhance, � reproduce, � re-engineer, �
modify, � reprogram � or � otherwise � utilize � the � source � code � and/or �
underlying � protocol � of � the � XMC.We � cannot � guarantee � the � prevention � of �
competitors � from � entering � the � market � with � similar � technology. � � Should �
this � happen, � such � competitors � may � consequently � compete � with � or � even �
outperform � the � XMC, � and � may � render � the � XMC � obsolete. � There � have �
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been � and � will � continue � to � be � a � number � of � competing � blockchain-based �
platforms � that � dedicate � significant � human, � information � technology � and �
financial � resources � to � the � creation � and � deployment � of � various �
decentralized � applications � and/or � smart � contracts. � �
10.26 � Third � Party � Developors � and � Suppliers �
By � virtue � of � its � decentralized � factor, � XMC � will � aggregate � systems � and �
contents � from � third � parties. � These � will � be � provided � by � third � parties, �
including � users � of � the � XMCT � community, � or � shall � be � from � other �
decentralized � ledger � projects � or � open � source � technologies. � Some � or � all �
of � these � third-party � applications, � programs � or � services � may � connect � into �
or � be � set � up � on � XMC � which � are � beyond � our � restriction, � vetting, �
authorization � or � control. � We � neither � intend � nor � have � the � capabilities � to �
act � as � an � authority � to � scrutinize � to � any � extent � any � applications, �
programs � or � services � to � be � developed � on, � connected � to � or � otherwise �
associated � with � the � XMC. � �
10.27 � Potential � Misuse � of � XMC � its � Technologies � and �
Brand �
Services � or � programs � which � may � be � banned, � restricted � or � deemed �
immoral � in � certain � jurisdictions, � such � as � gambling, � betting, � sweepstake, �
pornography, � terrorism, � hate � crime � and � otherwise, � could � take �
advantage � of � the � unpermissioned � nature � of � XMC � to � develop, � promote, �
market � or � operate. � Regulators � of � a � number � of � jurisdictions � may �
accordingly � take � administrative � or � judicial � actions � against � such �
programs, � applications, � services � or � even � the � relevant � developers � or �
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users � thereof. � Any � penal � action, � sanction, � crackdown � or � other � regulatory �
effort � made � by � any � government, � quasi-government, � authority � or � public �
body � (including � but � not � limited � to � any � regulatory � body � of � any �
jurisdiction) � may � significantly � deter � existing � or � potential � users � away �
from � using � XMC � or � holding � XMCT. � In � such � circumstances, � the � prospects �
and � viability � of � XMC � may � be � negatively � impacted. � There � is � no � guarantee �
that � the � XMC � will � be � free � from � all � inappropriate, � illegal � or � immoral � use �
at � any � time. �
10.28 � Privacy � and � Data � Retention � Issues �
As � a � part � of � the � Token � sale, � the � KYC � processes � and � the � subsequent �
operation � of � the � XMC, � we � may � collect � personal � information � from �
purchasers. � The � collection � of � such � information � is � subject � to � applicable �
laws � and � regulations. � All � information � collected � will � be � used � for � purposes �
of � Token � sale � and � operations � of � the � XMC, � thus � it � may � be � transferred � to �
contractor, � service � providers � and � consultants � worldwide � as � appointed �
by � us. � Apart � from � external � compromises, � we � and � our � appointed � entities �
may � also � suffer � from � internal � security � breach � whereby � their � employees �
may � misappropriate, � misplace � or � lose � personal � information � of �
purchasers. � We � may � be � required � to � expend � significant � financial �
resources � to � alleviate � problems � caused � by � any � breaches � or � losses, � settle �
fines � and � resolve � inquiries � from � regulatory � or � government � authorities. �
Any � information � breaches � or � losses � will � also � damage � our � reputation, �
thereby � harming � our � long-term � prospects. � �
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10.29 � General � Risks � Relating � to � the � Use � of � the � Internet �
or � Other � Electronic � Medium �
Without � limiting � the � foregoing � risks, � any � communication � or � transaction �
via � or � information � (including � any � document) � transmitted � via � the � internet �
or � other � electronic � medium � involves � risks � and � by � participating � in � the �
Token � sale � or � utilizing � the � XMC, � you � acknowledge � that � you � understand �
and � accept � the � following � risks: � �
� �
� � � � � � � We � and/or � Third � Parties � may � use � such � authentication � technologies �
as � we � deem � appropriate. � No � authentication, � KYC � or � computer �
security � technology � is � completely � secure � or � safe. � You � agree � to � bear �
all � risks � of � unauthorized � access/use, � hacking � or � identity � theft. �
� �
� � � � � � � The � internet � or � other � electronic � media � (including � without � limitation �
electronic � devices, � services � of � third � party � telecom � service � providers �
such � as � mobile � phones � or � other � handheld � trading � devices � or �
interactive � voice � response � systems) � are � an � inherently � unreliable �
form � of � communication. � �
� �
� � � � � � � Any � information � (including � any � document) � transmitted, � or �
communication � or � transactions � made, � over � the � internet � or � through �
other � electronic � media � (including � electronic � devices, � services � of �
third � party � telecom � service � providers � such � as � mobile � phones � or �
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other � handheld � trading � devices � or � interactive � voice � response �
systems) � may � be � subject � to � interruption, � transmission � blackout, �
delayed � transmission � due � to � data � volume, � internet � traffic, � market �
volatility � or � incorrect � data � transmission � (including � incorrect � price �
quotation) � or � stoppage � of � price � data � feed � due � to � the � public � nature �
of � the � internet � or � other � electronic � media. � �
� �
� � � � � � � As � a � result � of � such � unreliability: � �
� �
o � � � there � may � be � time-lags, � delays, � failures � or � loss � of � data � or �
loss � of � confidentiality � in � the � transmission � of � data � and �
receipt � of � communications; � and �
� �
o � � � while � we � may � believe � certain � data � to � be � reliable, � there � may �
be � no � independent � basis � for � it � to � verify � or � contradict � the �
accuracy � or � completeness � of � such � data. �
This � is � not � an � exhaustive � list � of � all � the � consequences � arising � from � such �
unreliability. �
�
� � � � � � � Purchasers � are � solely � responsible � for � preventing � anything � which �
may � be � harmful � to � any � equipment � that � they � use � in � connection � with �
XMCT � or � the � XMC � (including � any � computer � virus, � malicious � program � or �
harmful � component) � from � affecting � any � such � equipment, � regardless � of �
whether � it � originated � in � connection � with � XMCT � or � the � XMC. �
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10.30 � Tax � Matters � Relating � to � XMC’s � Operations �
Tax � laws � and � regulations � are � highly � complex � and � subject � to �
interpretation. � Consequently, � we � may � be � subject � to � changes � in � tax � laws, �
treaties � and � regulations. � Our � income � tax � expense � is � based � upon � its �
interpretation � of � the � tax � laws � in � effect � at � the � time � when � the � expense � was �
incurred. � A � change � in � these � tax � laws, � treaties � or � regulations, � or � in � the �
interpretation � thereof, � which � is � beyond � our � control, � could � result � in � a �
materially � higher � tax � expense, � which � in � turn � may � limit � the � financial �
resources � available � to � us. � Also, � as � we � actively � solicits � interests � for � the �
Token � sale � in � multiple � jurisdictions, � such � solicitations � may � lead � to �
increased � tax � exposures. �
In � addition, � our � tax � payments � may � be � subject � to � review � or � investigation �
by � tax � authorities � from � time � to � time. � If � any � tax � authority � successfully �
challenges � our � operational � structure, � or � if � we � lose � a � material � tax � dispute, �
or � any � tax � challenge � of � our � tax � payments � is � successful, � our � tax � liabilities �
could � increase � substantially � and � our � financial � resources � could � be �
adversely � impaired. �
10.31 � Tax � Matters � Relating � to � Participation � in � the �
Token � sale �
Participation � in � the � Token � sale � may � have � tax � reporting � implications � and �
liabilities � for � purchasers � from � certain � jurisdictions. � Such � liabilities � shall �
be � borne � by � the � purchasers � alone � and � all � purchasers � are � advised � to �
consult � their � tax � advisors � prior � to � participating � in � the � Token � sale. � �
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10.32 � Incomplete � Information � Regarding � XMC �
Participation � in � the � Token � sale � may � have � tax � reporting � implications � and �
liabilities � for � purchasers � from � certain � jurisdictions. � Such � liabilities � shall �
be � borne � by � the � purchasers � alone � and � all � purchasers � are � advised � to �
consult � their � tax � advisors � prior � to � participating � in � the � Token � sale. � �
�
10.33 � Further � Token � sales � and � Development � and � Sale �
of � Additional � Tokens �
We � may, � from � time � to � time, � and � without � prior � notice � or � consultation, �
sell � additional � XMCT � outside � of � the � Token � sale � from � XMCT’s � reserve. �
Further, � we � may � develop � and � sell � additional � XMCT � in � respect � of � the �
XMC, � or � otherwise � raise � funding � for � the � XMC � through � any � other � means �
it � deems � necessary. � Purchasers � will � not � necessarily � receive � notice � of � the �
sale � of � additional � XMCT � or � of � any � other � tokens � or � fundraising �
means.ticipation � in � the � Token � sale � may � have � tax � reporting � implications �
and � liabilities � for � purchasers � from � certain � jurisdictions. � Such � liabilities �
shall � be � borne � by � the � purchasers � alone � and � all � purchasers � are � advised � to �
consult � their � tax � advisors � prior � to � participating � in � the � Token � sale. � �
� �
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11. � Team � Profile �
Tsz � Hin � Law, � Penny � � — � Founder、CEO �
Founder � of � Health � Without � Borders � Limited, � over � ten � years � experiences �
on � project � management � , � sales � & � marketing � field, � former � sales � manager �
of � Sony � Corporation � , � University � of � Management � and � Technology � (BBA). �
�
Doctor � Shun � Tung � Lau, � � Benjamin � — � Co-founder �
Fellow � of � the � Hong � Kong � Academy � of � Medicine, � convener � of � Hong �
Kong � Primary � Care � Foundation � (HKPCF), � convener � of � Hong � Kong �
Specialist � Care � Foundation � (HKSCF), � awarded � the � medal � of � honor � by � the �
Hong � Kong � Special � Administration � Region � Government � in � 2011. � �
�
Wei � Cong � — � Co-founder �
More � than � 10 � years � of � experience � in � the � Internet � industry, � rich �
experience � in � Baidu, � China � and � Baidu � overseas � marketing, � founder � of �
Baidu � overseas � sales � channels, � co-founder � of � CTV � Internet � video �
company. �
�
Chao � Wang � — � Co-founder、COO �
Division � director � of � ZUBA � platform � O2O, � head � of � operation � of � Xueba �
Project, � operation � director � of � Lashou � Web, � the � third � party � platform �
responsible � person � of � the � national � information � center � commissioned � by �
State � Administration � of � Industry � and � Commerce, � vice � president � of �
operations � of � China � trade � 2cn � of � China � International � Electronic �
Commerce � Center, � with � 10 � years � of � experience � in � the � field � of � Internet �
operation. � �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 69
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Rita � Hou � — � Chief � Medical � Officer(Beijing) �
Bachelor � of � University � of � Toronto � Biochemistry, � Dual � master � degree � of �
epidemiology � of � University � of � Hong � Kong, � many � years � of � experience � on �
epidemiology, � health � economics, � health � department � think � tank � research �
experience, � high-tech � drugs � and � medical � innovation � technology �
evaluation. �
�
Na � Jia � — � CMO �
Marketing � director � of � CDC � Games � the � subsidiary � of � NASDAQ-listed � CDC �
Corporation, � Marketing � director � of � �
Beijing � 17game � Network � Technology � Co., � Ltd. � �
Director � of � Tom � online-inc � . � � Senior � vice � president � of � Beijing � infinite � star �
Technology � Co., � Ltd., � over � 10 � years � of � experience � on � Internet � marketing �
management. � �
�
Tsz � Wai � Lo, � � Becky � � — � GM � (Hong � Kong) �
Digital � Marketing � Manager � of � Hong � Kong � Listed � company � eSun � Group �
LTD, � Media � Planner � of � OpenTide � Great � China � Limited, � Marketing �
division � of � I.T � Apparels � Limited, � Over � 10 � years � experience � on � digital �
marketing � and � strategic � planning. � Former � Financial � Consultant � at �
Prudential. � City � University � of � Hong � Kong � with � business � administration �
(Marketing) � in � major. �
�
Catherine � Su � — � Legal � Specialist �
Doctor � of � law � in � University � of � Lancaster; � Master � of � Laws, � as � well � as � the �
scholar � of � Civil � and � Commercial � Law � specialty � in � Shandong � University. �
Proficient � in � Civil � Law, � Commercial � Law, � International � Law, � Economic �
Law, � Intellectual � Property � Law, � etc. � both � in � Chinese � and � English. �
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Responsible � for � contract � review, � investment � and � financing � review � and �
other � relevant � legal � content. �
�
Jane � Wang � — � Product � Manager �
Bachelor � major � is � anesthesiology,qualification � of � certified � doctor � in �
China, � Master's � candidate � of � computer � science � of � Renmin � University � of �
China, � Product � manager � of � Qingdao � Baheal � Intelligent � Technology � Co; �
Ltd, � in-depth � research � on � medical � guideline � and � UMLS, � Product �
manager � of � PKU � Weiming � Biotech � Group,lead � the � product � management �
of � the � EMR � for � Hernest � reproductive � center � and � take � part � in � the �
integration � construction � of � software � and � hardware � in � Hernest, � Know � of �
the � design � philosophy � of � American � EMR � and � structuring � feature � of �
clinical � data. �
�
Justin � Zheng � — � Technical � Director �
Bachelor � of � Science � in � Applied � Mathematics, � Master � of � Systems �
Engineering, � Doctor � of � Management � Science, � National � University � of �
Defense � Technology, � 25 � years � of � software � development � experience, �
system � analyst � certificate, � advanced � programmer � certificate, � fifteen �
years � of � project � management, � team � management � experience, � PMP �
certificate; � Leader � of � the � Information � Processing � Field � in � 61600 � Forces, �
Senior � Engineer �
He � received � the � 1st � prize � in � the � military � science � and � technology �
progress � once � and � 2nd � prize � twice. � He � used � to � be � the � shareholder, �
director, � and � CTO � of � Beijing � Ziguang � Zhuoyun � Technology � Co., � Ltd.; � he �
pioneered � the � smart � wireless � router � application � store � model; � he � used � to �
serve � as � the � general � manager � of � Guangzhou � branch � of � Shenzhen �
Information � Technology � Co., � Ltd., � and � the � deputy � general � manager � of �
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the � Beijing � branch. � He � owns � the � experience � in � independently � operating �
companies � and � in � expanding � heavyweight � customers. �
�
Steve � Lai � — � Senior � Multimedia � Designer � �
Senior � multimedia � designer � with � more � than � 10 � years � of � experience; � He �
has � worked � in � a � number � of � Hong � Kong � media, � including � the � Economic �
Times, � New � Newspapers, � and � has � served � as � a � senior � multimedia �
designer � in � New � Media � Group � (708.HK), � which � is � listed � in � Hong � Kong �
and � has � a � leading � position � in � the � media � market. � He � has � designed �
multimedia � images, � electronic � special � issues � and � film � special � effects � for �
various � channels � of � the � group, � and � the � popular � “Little � Chain”, �
ambassador � of � XMED � Chain, � is � also � designed � by � him. �
�
Expert � Advisors �
YALE � REISOLEIL �
As � the � private � equity � fund � manager � and � quantitative � trader, � Mr. �
ReiSoleil � co-manages � the � Sichuan � red � construction � medical � fund, � a � 20-
billion-yen � buyout � fund, � and � cross-border � high-tech � venture � capital �
funds. � Since � 2013, � Mr. � ReiSoleil � has � developed � several � proprietary �
quantitative � trading � systems. � In � 2018, � Mr. � ReiSoleil, � Co-founder �
Chairman � & � CEO, � founded � the � IOB � LLC. �
�
Jiping � Liu �
Baidu's � founding � team; � former � general � manager � of � Southern � China �
District; � vice � president � of � Baidu � Inc � at � present. �
In � 1982 � - � 1986, � he � studied � the � library � management � in � the � Department �
of � Information � Management � at � Shanxi � University. � He � arrived � in �
Shenzhen � in � 1988 � and � worked � at � HP; � In � 2000 � - � 2005, � he � took � the �
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manager � of � Shenzhen � branch � of � Baidu, � after � that � serving � as � vice �
president � of � Baidu � Inc. �
�
Richard � Wang �
Richard � Wang � is � a � partner � of � DFJ � Dragon � Fund-Draper � Dragon � and �
graduated � from � National � Chiao � Tung � University, � Taiwan � with � a � Masters �
Degree � in � Telecommunications � and � Engineering. � He � is � also � a � PhD. �
candidate. �
DFJ � Dragon � Fund � is � part � of � a � world-renowned � venture � capital � group, �
Draper � Venture � Network � (DVN), � which � has � over � 600 � venture � capital �
projects � and � invested � in � companies � such � as � Baidu, � Focus � Media, �
Kongzhong � Corp, � Tesla, � Twitter � and � other � reputable � technology �
companies. � Investments � in � these � companies � have � brought � about �
considerable � investment � returns, � especially � with � Baidu, � which � yielded �
over � a � hundred � times � in � return. � ' � 'As � a � partner � in � Draper � Dragon, � Richard �
is � in � charge � of � investments � in � artificial � intelligence, � blockchain, � Internet �
of � Things, � etc. � He � was � also � a � part � of � and � invested � in � YeePay, � Nanosic, �
Innodealing, � Epticore, � ZGMICRO, � IdeeBank � and � blockchain � companies �
such � as � Haopu � Information � and � Technology � Co. � Ltd, � Vechain, �
Metaverse, � RedPulse, � Chinapex, � Alphacat � and � DAF. �
�
Kuen � Kuen � Chan, � Victor �
Business � management � of � various � international � companies, � including �
project � management, � risk � management, � crisis � management, � business �
development, � sales � and � marketing � plan � and � so � on, � various � of �
international � medical � institutions � and � charitable � institutions � served � as �
board � chairman � now. � MBA, � USA � Pebble � Hills � University. �
�
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Yik � Pun � Chan, � Derek � �
Bachelor’s � Degree � of � Business � (Accounting) � from � the � Monash �
University, � Australia. � Member � of � the � Hong � Kong � Institute � of � Certified �
Public � Accountants � and � CPA � Australia. � Over � 10 � years � of � accounting � and �
auditing � experience � in � various � international � accounting � firms � in � Hong �
Kong, � Shanghai, � Australia � and � various � listed � on � Main � Board � of � Stock �
Exchange. � An � independent � non-executive � director � of � various � companies �
listed � on � Main � Board � of � the � stocks � exchange. �
�
JC � Xu �
He � is � the � co-founder � of � digital � asset � fund � Badwater � Capital, � working � at �
DFJ � Dragon � Fund, � located � at � Silicon � Valley, � which � is � a � China's � well-
known � early � venture � investment � fund, � and � engaged � in � venture �
investment � in � the � TMT � field. � In � 2014, � just � 22 � years � old, � he � created � the �
spark � technology, � a � knowledge � and � skills � sharing � platform, � which �
acquired � million � yuan � of � venture � capital � investment � from � IDG, �
graduated � from � Kr � Space � III � Stage, � and � exited � after � the � progress � of �
acquisition � in � 2016. � He � ever � studied � in � Indiana � University-Kelley � School �
of � Business � in � U.S. � and � Draper � University � of � Heroes � in � Silicon � Valley. � �
�
Victor � Zhou �
Over � 10 � years � of � experience � in � the � Financial � industry. � Rich � experience � on �
Risk � Control, � Data � Analysis, � Strategy � Planning � in � CMB � Credit � Card �
Center, � BEA � and � Hang � Seng � Bank. � Rich � experience � on � Marketing � and �
Operation � in � LU.com � and � Fosun � Group. � Operation � Director � in � Fosun �
Group � Internet � Finance � Business. �
�
�
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David � Wang �
Over � MBA � of � Shanghai � Jiao � Tong � University. � Have � work � experience � in �
Shanda � Group, � IBM, � Ctrip � and � years � of � work � experience � in � the � Internet �
industry. � In � 2015, � he � founded � the � largest � domestic � rental � securitization �
platform, � Rubik's � Cube � Finance � Service. � In � mid � of � 2016, � founded �
datachain, � which � focuses � on � blockchain � technology � innovation � and �
application. � The � winner � of � second � prize � of � the � first � national � blockchain �
competition � held � by � the � Ministry � of � Industry � and � Commerce. � �
�
Ricky � Ng �
Chairman � and � founder � of � I-house.com � &I-house.com � Token(IHT), � the �
first � blockchain � real � estate � cloud � platforms � worldwide. � Co-founder � of �
Iclick � Interactive, � one � of � the � largest � digital � advertising � platforms � in �
greater � China � area, � created � an � advertising � myth � of � 1 � billion � RMB � per �
year, � major � partner � with � Baidu � and � Tencent � in � China � and � overseas. �
Former � Senior � Business � Manager � in � Yahoo � Asia � – � Yahoo! � Search �
Marketing; � Professional � in � digital � marketing � with � more � than � ten � years � of �
practical � experience � in � digital � marketing � and � Entrepreneurship. � Bachelor �
of � Engineering, � Ecommerce � and � Financial � Engineering. �
�
Chen � Yufu �
Master � of � Medical � Information � in � Fairleigh � Dickinson � University, � USA. �
Master � of � Cardiology � in � Wuhan � University, � China. � Ph.D. � in � Biomedical �
Engineering � in � Tsinghua � University � (Taiwan), � and � PhD � in � Public � Health � in �
Johns � Hopkins � University, � USA. � �
He � serves � as � general � manager � of � operations � in � Shanghai � Kangcheng �
Hospital � Management � Consulting � Co., � Ltd, � and � senior � consulting � of �
Yiguantong � School. � He � served � as � a � lecturer � of � Department � of � Medical �
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Management � in � Taiwan � Yuanpei � University � of � Science � and � Technology, �
consultant � of � Taiwan's � Yunlin � love � hospital � medical � information, � and �
management � consultant � of � Restoration � Corporation � Hospital � Group. �
He � is � proficient � in � hospital � performance � appraisal � and � management, �
medical � service � cost � accounting � and � analysis, � medical � information �
system � analysis, � and � medical � education � planning. �
He � has � participated � in � a � number � of � projects � including � the � counseling � on �
the � performance � reform � of � the � entire � hospital � People's � Hospital � in � Linzi �
District � of � Zibo, � Shandong � Province; � counseling � of � the � performance �
reform � of � the � hospital � in � the � First � People's � Hospital � of � Neijiang, � Sichuan �
Province; � the � performance � reform � of � the � third � hospital � in � Yinzhou �
District, � Ningbo, � Zhejiang � Province; � Shanghai � Pudong � New � Area � Gongli �
Hospital � hospital � performance � reform � project; � hospital � performance �
counseling � in � Baotou � Steel � Hospital � in � Inner � Mongolia � ; � hospital �
performance � counseling � of � � Integrative � Medicine � Hospital � in � Suzhou; �
Xinjiang � Wensu � County � People's � Hospital � performance � counseling �
projects; � Dongying � Honggang � Hospital � comprehensive � counseling �
projects. �
�
Sophia � Liu �
She � graduated � from � Public � Utilities � Management � in � North � China �
University � of � Science � and � Technology � School. � Currently � she � serves � as � an �
executive � director � of � China � Charity � Foundation � - � Medical � Fund. � She �
served � as � a � senior � manager � and � in � other � positions � in � Shanghai � Hongda �
Medical � Devices � Co., � Ltd. � She � possesses � interpersonal � connections � and �
is � capable � of � establishing � good � relations � with � medical � institutions � in �
Chinese � mainland. � She � has � worked � with � the � following � hospitals: �
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Shanghai � Xinhua � Hospital, � Shanghai � Zhongshan � Hospital, � Shanghai � ENT �
Hospital, � Shanghai � Sixth � People's � Hospital, � Guanghua � Hospital � in �
Changning � District, � Jing'an � Central � Hospital � and � other � dozens � of �
hospitals. �
�
Anthony � Coscio �
Anthony � has � over � 25 � years � of � experience � investing � in � debt � and � equity �
capital � markets. � He � was � an � advisor � to � high � net � worth � clients � with � CIBC �
Oppenheimer � and � has � since � managed � his � family � investments. � He � has �
been � a � managing � partner � of � Gemini � Capital � Partners � for � over � 20 � years �
with � focus � on � technology, � media � and � telecom. � Recent � traditional �
investments � include � IEX � Investors � Exchange, � Orbital � Insight � and � Wheels �
Up. � His � current � focus � is � digital � currencies. � He � is � sought � for � his � advisory �
concerning � tokenomics � and � ICO � sale � structure. �
� �
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12. � Disclaimer �
We � do � not � make, � and � hereby � disclaims, � any � representation � or � warranty �
with � respect � to � the � XMC � or � XMCT � (such � as � merchantability � or � fitness � for �
particular � purposes), � except � those � expressly � specified � in � this � White �
Paper. � Each � purchaser’s � decision � to � participate � in � the � XMCT � crowd � sale �
and � purchase � any � XMCT � shall � be � made � based � on � his/her � own �
knowledge � of � XMCT � and � the � information � disclosed � in � this � White � Paper. �
Without � prejudice � to � the � generality � of � the � foregoing, � each � purchaser �
will, � upon � the � launch � of � XMC, � accept � XMCT � on � an � “as � is” � basis, �
irrespective � of � the � technical � specifications, � parameters, � performance � or �
function � thereof. �
�
We � hereby � expressly � disclaims � its � liability � and � refuse � to � be � liable � for � the �
following � liabilities: �
(1) any � person’s � purchase � of � XMCT � in � violation � of � any � anti-money �
laundering, � counter-terrorism � financing � or � other � regulatory �
requirements � that � are � imposed � in � any � jurisdiction; � �
(2) any � person’s � purchase � of � XMCT � in � violation � of � any �
representation, � warranty, � obligation, � covenant � or � other � provision �
under � this � White � Paper, � which � results � in � the � failure � of � paying � and �
withdrawing � XMCT; � �
�
(3) termination � of � the � XMCT � crowd � sale � for � any � reason; � �
�
(4) failure � or � termination � of � the � XMC � development � which � results � in �
the � failure � to � deliver � XMCT; �
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�
(5) delay � or � rescheduling � of � the � XMC � development � and � resulting �
failure � to � meet � any � published � schedules; � �
�
(6) any � error, � flaw, � defect � or � other � issues � in � the � source � code � of � XMCT; � �
�
(7) any � malfunction, � breakdown, � collapse, � rollback � or � hard � forking � of �
the � original � public � chain � that � XMC � replies � on; � �
�
(8) failure � of � XMC � to � meet � any � specific � purpose, � or � its � unfitness � for �
any � specific � use; � �
�
(9) utilization � of � the � proceeds � raised � through � the � XMCT � crowd � sale; � �
�
(10) failure � to � promptly � and � completely � disclose � any � information �
relating � to � the � development � of � XMC; � �
�
(11) any � purchaser’s � divulgence, � loss � or � destruction � of � the � private �
key � to � his/her � wallet � for � cryptocurrency � or � cryptographic � (in �
particular � the � private � key � to � the � XMCT � wallet); � �
�
(12) any � default, � breach, � infringement, � breakdown, � collapse, � service �
suspension � or � interruption, � fraud, � mishandling, � misconduct, �
malpractice, � negligence, � bankruptcy, � insolvency, � dissolution � or �
winding-up � of � any � third-party � crowdfunding � platform � or � exchange �
for � XMCT; � � �
(13) any � difference, � conflict � or � contradiction � between � this � White � Paper �
and � the � agreement � between � any � purchaser � and � any � third � party �
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crowdfunding � portal; � �
(14) trading � or � speculation � of � XMCT � by � any � person; � �
(15) listing � or � delisting � of � XMCT � on � or � from � any � exchange; � � �
(16) XMCT � being � classified � or � treated � by � any � government, � quasi-
government, � authority � or � public � body � as � a � type � of � currency, �
securities, � commercial � paper, � negotiable � instrument, � investment �
instrument � or � otherwise � that � results � in � it � being � banned, � regulated �
or � subject � to � certain � legal � restrictions; � �
(17) any � damage, � loss, � claim, � liability, � punishment, � cost � or � other �
adverse � impact � that � is � caused � by, � associated � with, � in � connection �
with, � incidental � to � or � relevant � to � the � risk � factors � disclosed � in � this �
White � Paper. �
Notice � to � Residents � of � the � United � States �
The � offer � and � sale � of � this � token � has � not � been � registered � under � the � U.S. �
Securities � Act � of � 1933, � as � amended � (the � “Securities � Act”), � or � under � the �
laws � of � certain � states � as � this � token � should � not � be � taken � as � securities. �
This � token � may � not � be � offered, � sold � or � otherwise � transferred, � pledged �
or � hypothecated � except � as � permitted � under � the � act � and � applicable � state �
laws � pursuant � to � an � effective � registration � statement � or � an � exemption �
therefrom. �
�
Notice � to � Residents � of � Canada �
Unless � permitted � under � legislation, � the � holder � of � this � token � must � not �
trade � the � token � before � the � date � that � the � issuer � becomes � a � reporting �
issuer � in � any � province � or � territory � of � Canada. �
�
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Notice � to � Residents � of � China � �
The � tokens � are � not � being � offered � or � sold � and � may � not � be � offered � or �
sold, � directly � or � indirectly, � within � the � People’s � Republic � of � China � (for �
such � purposes, � not � including � the � Hong � Kong � and � Macau � Special �
Administrative � Regions � or � Taiwan), � except � as � permitted � by � the � laws � and �
regulations � of � the � People’s � Republic � of � China. �
�
Notice � to � Residents � of � the � United � Kingdom �
In � the � United � Kingdom � this � document � is � being � distributed � only � to, � and �
is � directed � only � at,: � (i) � investment � professionals � (within � the � meaning � of �
article � 19(5) � of � The � Financial � Services � and � Markets � Act � 2000 � (Financial �
Promotion) � Order � 2005 � as � amended � (the � ‘‘FPO’’)); � (ii) � persons � or �
entities � of � a � kind � described � in � article � 49 � of � the � FPO; � (iii) � certified �
sophisticated � investors � (within � the � meaning � of � article � 50(1) � of � the � FPO); �
and � (iv) � other � persons � to � whom � it � may � otherwise � lawfully � be �
communicated � (all � such � persons � together � being � referred � to � as �
‘‘Relevant � Persons’’). �
�
Notice � to � Residents � of � Other � Countries �
All � purchasers � must � ensure � that � they � are � permitted � by � the � laws � of � their �
countries � to � purchase � XMCT. � We � will � only � ensure � that � XMCT � is � legal � and �
compliant � with � the � law � of � the � issuing � country � but � will � not � ensure � all �
other � countries � adopt � or � use � similar � laws, � especially � in � the � event � that �
the � purchaser � use � other � methods � to � avoid � relevant � laws � or � intentionally �
hide � from � any � relevant � legislations. � We � will � not � be � liable � for � this. � �
�
This � document � has � not � been � approved � by � an � authorised � person. � Any �
information � to � which � this � document � relates � is � available � only � to � a �
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relevant � person. � This � document � is � only � for � relevant � persons � and � non �
relevant � persons � shall � not � take � any � action � based � on � this � document � nor �
should � he/she/they � rely � on � it. � It � is � a � condition � of � you � receiving � and �
retaining � this � document � that � you � warrant � to � us, � its � directors, � and � its �
officers � that � you � are � a � relevant � person. �
�
Our � social � media � and � email � platform � are � places � where � we � encourage �
interaction, � discussion, � organization � and � participation � between � users � of �
the � community, � in � fact � anyone � interested � in � our � product. �
�
Whilst � we � make � reasonable � efforts � to � monitor � participation � to � ensure �
that � discussions � are � related � to � products � that � are � made � available � in � the �
community, � there � may � be � situations � where � we � are � not � in � a � position � to �
monitor � all � statements, � comments � and � views � made � by � every � user. � We �
ask � that � you’re � respectful � in � your � comments. � We � reserve � the � right � to �
remove � anything � we � deem � to � be � abusive � or � personal � attacks, � material �
that � is � unlawful, � obscene, � defamatory, � threatening, � harassing, � abusive, �
slanderous, � hateful � or � embarrassing � to � any � other � entity � or � persons, � third �
party � advertising, � chain � letters � or � ‘spams’. � Please � be � aware � that �
anything � posted � may � potentially � be � read � by � thousands � (or � hundreds � of �
thousands) � even � years � from � now. � Therefore, � users � should � exercise �
cautions � when � posting � on � any � of � our � social � media � sites. � �
We � also � reserve � the � right � to � terminate � involvement � by � users � who � post �
such � content. � �
�
The � views � and � opinions � expressed � on � any � social � media � sites � of � ours � do �
not � necessarily � represent � our � opinion. � Therefore, � we � cannot � be � held �
responsible � for � the � accuracy � or � reliability � of � information � posted � by �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 82
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external � parties. � � Any � information � posted � on � any � of � our � social � media �
platforms � should � not � be � considered � as � financial, � legal, � accounting � or �
other � professional � advice. �
�
For � your � safety, � never � include � your � phone � number, � email, � address � or �
other � personal � information � in � a � post. � Your � comments � are � visible � to � all. �
�
Certain � information � set � forth � in � our � website � and � other � documents � may �
contain � “forward-looking � information”, � including � “future � oriented �
financial � information” � and � “financial � outlook”, � under � any � applicable �
laws � and � regulations � (collectively � referred � to � herein � as � forward-looking �
statements). � Except � for � statements � of � historical � fact, � information �
contained � herein � constitutes � forward-looking � statements � and � includes, �
but � is � not � limited � to, � the � (i) � projected � financial � performance � of � XMCT; � (ii) �
completion � of, � and � the � use � of � proceeds � from, � offered � during � the � token �
sale; � (iii) � the � expected � development � of � the � the � sale � of � � XMCT � being �
business, � projects � and � joint � ventures; � (iv) � execution � of � � XMCT’s � vision �
and � growth � strategy, � including � with � respect � to � future � M&A � activity � and �
global � growth; � (v) � sources � and � availability � of � third-party � financing � for �
our � projects; � (vi) � completion � of � our � projects � that � are � currently � underway, �
in � development � or � otherwise � under � consideration; � (vii) � renewal � of � our �
current � customer, � supplier � and � other � material � agreements; � and � (viii) �
future � liquidity, � working � capital, � and � capital � requirements. � Forward-
looking � statements � are � provided � to � allow � potential � purchasers � the �
opportunity � to � understand � management’s � beliefs � and � opinions � in �
respect � of � the � future � so � that � they � may � use � such � beliefs � and � opinions � as �
one � factor � in � evaluating � an � investment. �
�
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 83
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These � statements � are � not � guarantees � of � future � performance � and � undue �
reliance � should � not � be � placed � on � them. � Such � forward-looking �
statements � necessarily � involve � known � and � unknown � risks � and �
uncertainties, � which � may � cause � actual � performance � and � financial � results �
in � future � periods � to � differ � materially � from � any � projections � of � future �
performance � or � result � expressed � or � implied � by � such � forward-looking �
statements. � For � further � explanation � of � the � risk � involved � in � the � XMC � �
community � please � consult � the � documents � as � issued � by � us. �
�
Although � forward-looking � statements � contained � in � this � presentation � are �
based � upon � what � our � management � believes � are � reasonable �
assumptions, � there � can � be � no � assurance � that � forward-looking �
statements � will � prove � to � be � accurate, � as � actual � results � and � future � events �
could � differ � materially � from � those � anticipated � in � such � statements. � We �
undertake � no � obligation � to � update � forward-looking � statements � if �
circumstances � or � management’s � estimates � or � opinions � should � change �
except � as � required � by � applicable � securities � laws. � The � reader � is � cautioned �
not � to � place � undue � reliance � on � forward-looking � statements. �
�
Cryptocurrencies, � cryptographic � tokens � and � Initial � Coin � Offering �
(“ICO”) � carry � a � high � degree � of � risk � in � a � volatile � and � uncertain � market �
conditions, � in � addition � to � other � factors � that � relate � to � the � risks � involved �
in � the � development � of � the � blockchain � technology, � cryptographic � token �
exchange, � etc. � There � are � significant � risks � associated � with � the � use � of �
online � cryptocurrency � wallets � and � exchange � systems � including, � but � not �
limited � to, � software � and � hardware � failure � and � internet � disconnection �
and/or � loss � of � keys � and/or � wallet � addresses. � We � are � not � responsible � for �
such � losses � or � failures. � Purchasers � of � cryptographic � tokens � run � a � great �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 84
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risk � of � incurring � losses � and � damages � as � a � result � of � purchasing � any �
cryptocurrencies � and/or � cryptographic � tokens. � Purchasers � accept � and �
declare � that � they � are � willing � to � undertake � this � risk. � The � damages � may �
include � loss � of � all � funds/contribution � and � also � any � other � expenses � that �
the � Purchaser � has � made. �
Before � deciding � to � buy � any � cryptocurrencies � or � cryptographic � tokens, �
purchasers � should � carefully � consider � their � level � of � experience � and � risk �
appetite. � The � possibility � exists � that � a � purchaser � could � sustain � a � loss � of �
some � or � all � of � their � monies � and � therefore � all � purchasers � should � not � send �
monies � that � they � cannot � afford � to � lose. � Purchasers � should � be � aware � of �
all � the � risks � associated � with � virtual � commodities � and � seek � advice � from �
an � independent � financial � adviser � in � case � of � doubt. � Furthermore, � there �
may � be � risks � that � are � not � disclosed � in � our � services � and � products. �
Purchasers � should � use � extreme � consideration � and � be � conscious � of �
assessing � their � financial � situation � and � tolerance � for � risks � before �
engaging � in � activities � involving � the � purchase � of � virtual � commodities. �
Any � opinions, � news, � research, � analyses, � prices, � or � other � information �
contained � in � this � our � services � and � products � are � merely � general �
product/market � commentary � and � does � not � constitute � financial � advice �
from � us. � We � will � not � be � accountable � for � any � loss � or � damage, � including �
without � limitation � to, � any � loss � of � profit, � which � may � arise � directly � or �
indirectly � from � use � of � or � reliance � on � such � information, � or � on � any �
recommendation. �
The � contents � of � any � report � provided � should � not � be � construed � as � an �
express � or � implied � promise, � guarantee � or � implication � that � purhcasers �
XMED Chain – Leading Medical Globalization*XMCT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. 85
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will � profit � from � the � strategies � herein � or � as � a � guarantee � that � losses � in �
connection � therewith � can, � or � will � be � limited. � �
To � the � best � of � our � knowledge, � the � information � contained � herein � is �
accurate � and � reliable � as � of � the � date � of � the � service � or � product � we �
provide; � however, � we � do � not � assume � any � liability � whatsoever � for � the �
accuracy � and � completeness � of � the � information � contained � therein. � Large �
amount � of � the � information � is � obtained � from � third � party � sources � which �
have � not � been � specifically � verified � by � us � and � we � do � not � make � any �
warranties � that � such � information � is � or � will � remain � accurate, � in � particular �
in � the � event � of � such � information � being � fraudulent � and � misrepresentative �
in � nature. � We � cannot � ensure � that � these � sources � have � compiled � such �
data � and � information � on � the � same � basis � or � with � the � same � degree � of �
accuracy � or � completeness � as � are � found � in � other � industries. � The �
information � contained � herein � does � not � constitute � a � due � diligence � review �
and � should � not � be � construed � as � such. � Any � information � given � in � our �
services � and � products � do � not � constitute � any � warranty � of � merchantability �
or � fitness � for � a � particular � use � of � any � cryptocurrencies � and/or �
cryptographic � token. � It � is � the � purchaser’s � responsibility � to � check � the �
relevant � token’s � information � in � order � to � follow � any � possible � change �
before � purchasing � any � tokens. � �
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