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For Official Use Only White Paper ver 1.0 BLOCKCHAIN BASE PAYMENT PLATFORM WORLD BRIDGE Last Update 2019.11.04 WORLD BRIDGE PTE.LTD.
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Page 1: BLOCKCHAIN BASE PAYMENT PLATFORM WORLD BRIDGE - WBG … · 2019. 11. 11. · WBG is a platform that provides simple & easy online and offline payment ... adults or 1.7 billion people

For Official Use Only

White Paper ver 1.0

BLOCKCHAIN BASE PAYMENT PLATFORM

WORLD BRIDGE

Last Update 2019.11.04

WORLD BRIDGE PTE.LTD.

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For Official Use Only

2White Paper Ver. 1.0 | https://worldbridgecoin.io

All about Payment For Cryptocurrency「」

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For Official Use Only

3White Paper Ver. 1.0 | https://worldbridgecoin.io

Table of content

01 Abstract

02 Background

03 Mission

04 BridgeChain Protocol

05 BridgeChain Platform

06 BridgeChain Hybrid Wallet

07 AD Keyboard Solution

08 BridgeChain Terminal

09 BridgeChain Payment Process

10 Applied Technology

11 Business Model

12 Token Economy

13 Token Summary

14 Roadmap

15 Partner

16 Contact US

※ Legal Disclaimers

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For Official Use Only

4White Paper Ver. 1.0 | https://worldbridgecoin.io

01. Abstract

With the advent of blockchain technology, mind-boggling changes in the existing

centralized service platforms have begun in various areas, across countries and

industries. Now, the public is starting to recognize that blockchain technology is

the leading technology in the 4th industry with economic value. As a result,

various countries and companies around the world are attempts to converge

existing industries and blockchain.

Blockchain technology is attracting attention as a distributed ledger technology

that allows all participants to jointly verify, record, and store transaction

information on the network and record & manage distributed information in

blocks over the P2P network, whether or not there is a trusted authority for

recording and managing all transactions. With this technology, participants are

creating new ecosystems by proving the service models created by each

company.

BridgeChain platform is a decentralized payment integration platform based on

blockchain technology. It will create a financial ecosystem that beyond nations

and currencies, and will bring innovative change to the global payment market.

BridgeChain will issue WBG (Worldbridge coin), a cryptocurrency that will be

used on the platform, and build an ecosystem on the platform. Participants who

contribute to the platform ecosystem can be rewarded with the WBG depending

on their contributions, and WBG can be used as a methods of payment for

various services including the purchase of goods from entities linked with the

BridgeChain.

WBG is a platform that provides simple & easy online and offline payment

services to financial institutions, payment agencies, operators and consumers.

The WBG team is confident that the WBG platform will transform the payment

system innovatively.

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For Official Use Only

5White Paper Ver. 1.0 | https://worldbridgecoin.io

02. Background

Credit card processing fees for domestic online and offline business range from

0.8% to 3.1% and in the case of online business, 0.5 ~ 1.0% of PG (Payment

Gateway) fee is composed separately. However, this credit card fees are putting

a heavy burden on the deteriorating business environment of small, medium and

micro business. Therefore, it is time to introduce a new platform that can benefit

both merchants and consumers by inducing blockchain technology.

※ Credit card processing fee for business is including to the fees for VAN(Value added network)

companies.

『 Structure of Card Processing Fee for On & Off Line Business 』

Offline Business

OnlineBusiness

Under 300 mil. KRW of Annual Sales

300 mil. ~ 500 mil. KRW of Annual Sales

0.8%

1.3%

Card Processing Fee 2.1% + PG Company Fee 1.0%

3.1%

『 Fee Revenue of Card Companies 』 『 Fee Revenue of Electronic Payment』

Yr. 2016

Yr. 2017

Yr. 2018

11 tril.

11.6 tril.

12.2 tril.

Yr. 2016

Yr. 2017

Yr. 2018

1.17 tril.

1.51 tril.

1.72 tril.

Unit: KRW Unit: KRW

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For Official Use Only

6White Paper Ver. 1.0 | https://worldbridgecoin.io

02. Background

In 2025, half of the world's smartphone users are expected to use

cryptocurrency as a methods of easy transfer and easy payment. In addition,

cryptocurrency is expected to be helpful in experiencing fintech services such as

e-commerce on smartphones, considering that around 30 percent of the world's

adults or 1.7 billion people do not have bank accounts.

Moreover, with the help of wireless communication technology development,

people's daily lives are getting closer to the use of mobile devices, and due to

these environmental factors, it is possible to reconstruct the payment platform

connected to the real economy by combining cryptocurrency and wireless

communication technology. If so, it is expected that this platform will increase

the present and future value of cryptocurrencies in the mobile world that is

already deeply ingrained in people's daily lives.

Recently, the mobile payment market size is continuously increasing worldwide.

In 2018, the payment market grew rapidly to 1,085 trillion compared to 2016

(724 trillion), and the mobile payment market is expected to grow at an annual

average rate of 22.3% due to the wireless communication technology development

“In 2025, Half of Smartphone Users Will Pay with Cryptocurrency“<Blockchain Today 2019.10.29>

Rapidly Growing

World Mobile Payment Market

Growing Domestic Mobile Payment Market

2016 2017 2018

724 tril.

910 tril.1,085 tril.

2016 2017 2018

27 tril.

51 tril.

80 tril.

Unit: KRW Unit: KRW

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For Official Use Only

7White Paper Ver. 1.0 | https://worldbridgecoin.io

03. Mission

The Mission of BridgeChain is

• Creating a transparent payment ecosystem that can be easily traded in the

global payment market, and that all participants of the platform are provided

with trustful and reasonable transacting opportunities.

BridgeChain platform provides the following functions to implement the global

payment ecosystem.

- Wallet service for safe storage of individual cryptocurrency assets

- Real-time cryptocurrency payment service

- Cross-border payment service

- Lower payment fees and use online and offline payments through WBG

- Fair reward and allocation of value exchange to various participants

By providing payment platforms to on and offline merchants as well as establishing

alliances with domestic partners, BridgeChain will implement a BridgeChain

ecosystem, and will grow into a global market based on entering the Asian market

in 2020. This initiative will revolutionize the global payment industry and will serve

as a bridge between self-employed business owners and consumers around the

world through WBG, providing a stable payment environment and supporting

mutual growth of platform participants.

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For Official Use Only

8White Paper Ver. 1.0 | https://worldbridgecoin.io

04. BridgeChain Protocol

Bridgechain is an integrated payment platform that connects merchants &

consumers based on blockchain technology. Merchants and consumers are the

most important participants in the BridgeChain Protocol, making it easy and

convenient to pay for goods and services via various payment methods through

BridgeChain.

Key components of BridgeChain protocol are 1) BridgeChain payment data

stores that exist above on the BridgeChain blockchain, 2) Smart Convergence, 3)

BridgeChain Hybrid Wallet APIs that link them to the outside world, and 4)

BridgeChain terminal APIs.

1) Bridgechain payment data storage means a database in the blockchain that

stores payment data between merchants and consumers, 2) BridgeChain Smart

Contract helps to issue and utilize WBG, a token on BridgeChain Protocol, 3)

Bridgechain Hybrid Wallet API supports WBG and other cryptocurrency

management, payment functions and control of payment data. 4) Bridgechain

terminal API is an API that enables terminals in merchants’ side to support the

BridgeChain protocol. It supports cryptocurrency payment and delivers payment

data to consumer wallets.

BridgeChain Protocol

Payment Data Storage Smart Contract

Hybrid Wallet API Terminal API

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For Official Use Only

9White Paper Ver. 1.0 | https://worldbridgecoin.io

05. BridgeChain Platform

BridgeChain platform will establish an integrated payment system that connects

cryptocurrency and fiat money. It is going to develop open APIs that can be paid

with WBG and other cryptocurrency on Smart Phone at online and offline

franchisee stores around the world. In addition, WBGs can be freely paid by

online and offline merchants by developing/manufacturing terminals.

• WBG Coin Storage

• On/Offline Payment

• P2P Transaction

• Purchase / Sales

Integrated Management

• Other Cryptocurrency

Storage

• Chatting Service basedAD Solution

• Easy token transfer byadding friends list

• Token reward details can be checked byReal-Time base

• Terminal Payment System

• On/Offline Payment

• Sales Settlement Function

BridgeChain Platform

Hybrid Wallet AD Keyboard Solution Terminal

Real-Time Payment based on Blockchain Technology

+

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For Official Use Only

10White Paper Ver. 1.0 | https://worldbridgecoin.io

06. BridgeChain Hybrid Wallet

BridgeChain Hybrid Wallet is a coin storage and payment wallet that can be used

by holders and is powered by the BridgeChain platform. It is a wallet that can

guarantee the anonymity of cryptocurrency transactions and ensure the

stability of transactions. Wallet users will be able to use the various features in

Wallet directly.

Bridgechain Hybrid Wallet provides convenient payment service by enabling the

purchase of intangible and tangible products at online and offline merchant

stores with WBG and other cryptocurrency. In addition to the payment function,

the token can be sent to other users, and even they are exempted from the

transmission fee. However, a certain amount of fee will be incurred when

transmitting cryptocurrencies other than WBG tokens. Equipped with an AD

Keyboard solution that allows participants to receive advertisement rewards in

real-time base within a chat communication is one of the main features of the

Bridgechain Hybrid Wallet.

AD KeyboardSolution

Payment

Transfer

Exchange

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11White Paper Ver. 1.0 | https://worldbridgecoin.io

07. AD Keyboard Solution

Messenger is one of the most important factors in using various IT devices on

smartphones and networks. Messenger is a communication tool used for two or

more instant conversations over a network including. AD Keyboard Solution of

BridgeChain Platform is a solution that can maximize the advertisement effect

by collecting the input information between merchants & users, users & users

from the messenger and matching keywords of the collected information with

advertisement contents. In addition, participants who engage in the

advertisement by using the AD Keyboard can receive a predetermined reward

with the WBG token. BridgeChain will actively deploy the AD keyboard Solution

to boost the WBG ecosystem by applying search function to SNS service apps,

messenger apps, and cafe bulletin boards.

AD Keyboard Solution

AD

Search

Statistic

Management

3rd Party

AD

Control

Open Interface

3rd PartyAD Contents

ProvidingServer

AS

MS

Web server

Customized Service

Contents

User

LocationCustomized

User

Profile

ADRegistration

Customization

USER(Smartphone)

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For Official Use Only

12White Paper Ver. 1.0 | https://worldbridgecoin.io

07. AD Keyboard Solution

[ Sample Screen ]

“W” click, then move to the Homepage of World Bridge

“Shopping Cart” Click, then move to affiliated shopping malls

“Point Exchange” Click, then move to point,crypto conversion page

The menu bar (icon) is located at the top of the numeric keys of the keyboard to

go to the World Bridge homepage, affiliate shopping malls, and point conversion

pages.

W

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For Official Use Only

13White Paper Ver. 1.0 | https://worldbridgecoin.io

07. AD Keyboard Solution

[ Sample Screen ]

Clash of Clan Download App Store shortcut icon is created by catching words such

as game, RPG, and strategy simulation in the communication dialog window.

Clicking on the "Clash of Clans" icon will take users to the "Clash of Clans" download

screen within the App Store and allow users to download the App.

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14White Paper Ver. 1.0 | https://worldbridgecoin.io

08. BridgeChain Terminal

The BridgeChain terminal is a POS (Point Of Sale) terminal for offline payment of

WBG Coin. When a user scans an NFC tag, Bluetooth, or QR Code using a

BridgeChain wallet, payment is made in real time base linked with WBG Token.

The BridgeChain terminal installed in the merchant’s side supports various

payment methods including cryptocurrency and IC credit (check / prepaid) card

and print physical receipts also available.

BridgeChain Terminal, which can make payments immediately with smartphone

wallets, will provide payment services through business alliances with domestic and

overseas franchise and electronic payment agency. BridgeChain Terminal has been

optimized for integrated management such as billing, payment, mileage (points),

sales management, membership management. This feature is an intuitive and

customizable user purchasing and payment system. By providing these functions,

merchants can maximize sales and users are able to conveniently pay with their

preferred payment methods.

BridgeChainTerminal

Hybrid Wallet

Payment, Settlement

Mileage

Merchants

Crypto StoragePayment Methods

Product Selection Payment,Approval/Cancellation

Settlement

Membership Management,

Earn and manage points against sales

Integrated Management of

Product, Membership,

Sales

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For Official Use Only

15White Paper Ver. 1.0 | https://worldbridgecoin.io

08. BridgeChain Terminal

BridgeChain Terminal will also develop an easy payment solution for cryptocurrency

with Kiosks. The Kiosk works with servers in BridgeChain platforms to provide users

with real-time pricing information for WBG and other cryptocurrency, and users can

pay for products through WBG Coin at stores where kiosk is installed. Kiosk is used in

the payment business area that can be easily used by users such as franchises

(convenience stores, restaurants, etc.).

MyCounter Pager

Menu Selection Order Payment Stand By Call Up

BridgeChain API

Exchange Merchants

Payment Approval, Look up Market Price

Real-TimeCrypto Market Price

Payment, Settlement

Terminal (Kiosk)

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For Official Use Only

16White Paper Ver. 1.0 | https://worldbridgecoin.io

09. BridgeChain Payment Process

When a user requests product purchase from a merchant’s store installed where

the BridgeChain Terminal, the merchant prepares an order form through Terminal

and Wallet, and sends the information through API to the BridgeChain.

BridgeChain's API generates QR code for payment requests from the merchant and

sends them to the merchant's Terminal and Wallet. The generated QR code can be

scanned from the user's Wallet and paid by cryptocurrency or mileage (points). The

user checks the balance of the cryptocurrency and mileage in Wallet for

payment requests and requests for final payment approval. In the BridgeChain,

the merchant & the user's payment information and the user's balance

information are checked, and the payment is approved, canceled, or rejected. If

payment is approved, canceled or rejected, it is stored in the blockchain and sent

to the merchant and the user about the result of the payment request. The

receipt is sent to the user for the approval.

User (Wallet)

NRC, QR Code ScanningRequest Payment Approval

BridgeChain Server

Data Transmitting for Payment Request/

Approval/Cancellation

BlockChain

wallet

Merchants(Terminal, Web, Wallet)

OrderProduct

NFCQR Code Generation

Storing

TransmittingOrder Sheet

Transmitting Info.Of Payment Completion

Transmitting Payment Completion Info.

Receipt Transmitting (Delivering)

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17White Paper Ver. 1.0 | https://worldbridgecoin.io

Item Content

Data Storage/ Processing

Storing data among block units in the form of blockchain

1) Link transaction details to blockchain from the stage of

contract to payment

2) Node part for Data Trust

- Transaction parties , external approvals and auditors

(3rd Party)

AD Keyboard

Designed to map a bridge chain such as saved search details,

lifestyle patterns, transaction details (transaction amount,

product details, transaction time, access path, etc.) of

participants based on social networking sites, chat, bulletin

boards, etc. and provide customized search words, videos,

and products to participants.

API for External linkage

Consists of Open API type components for interworking

with external systems

10. Applied Technology

Structured in Ethereum-based sidechains form to provide stable services without the

stability of performance and the fees of the blockchain network. BridgeChain also

separates the business layer from the blockchain layer and develops a separate

blockchain network bridge to ensure compatibility and scalability that can be linked to

any Mainnet. BridgeChain provides backup and recovery, availability and privacy

solutions while optimizing the cost of storing data on the blockchain. Data owners

can store data externally for direct management and full control. Files can be stored

through a distributed decentralized database (such as IPFS) or classic RDBMS

(PostgreSQL, Oracle, SQL Server, etc.).

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18White Paper Ver. 1.0 | https://worldbridgecoin.io

10. Applied Technology

Item Content

Auth API

Components allow participants to obtain approvals from

public protocols such as Auth and OpenID. BridgeChain also

provides an API to connect to KYC services that provide

identification of users (such as individuals and entities). This

API not only allows users to use the existing infrastructure

mentioned above, but allows users to use a better solution

than now, enabling verification of the future system.

API for payment methods

In addition to payment through an external payment system

such as PG, API is provided for payment method that can be

paid for cryptocurrency.

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For Official Use Only

19White Paper Ver. 1.0 | https://worldbridgecoin.io

11. Business Model

BridgeChain carries out business that provides blockchain-based integrated

payment platforms for online and offline merchants worldwide. By integrating

and providing wallet and additional services required for payment, it will improve

the user's accessibility and provide the payment service easily and conveniently

to gain a market advantage quickly and reliably.

AD KeyboardSolution

Technology

Blockchain BasedPayment Service

Hybrid Wallet Service

Provide On/Off Line Terminal

Provide various payment

methods including Wallets

and Terminals that can

make payments to

merchants and users as

well as additional required

services

BridgeChainPlatform

Distinguished from existing

advertising systems, providing

innovative services and rewards for

communication-based advertisement

Fee for Crypto exchange and

transfer

Fee for Payment Service

AD Revenue

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20White Paper Ver. 1.0 | https://worldbridgecoin.io

12. Token Economy

AD Agency Media

W

W

W

W

W

W

W

WW

BridgeChain

PaymentSolution

AD KeyboardSolution

Hybrid WalletSolution

UserShopping

Mall

Advertiser

Airdrop

To the participants of daily events, other various events and payment users

Coin Incineration

Make token burn after purchasing a certain portion of revenue every year

Provide WBG Token rewards by Proof of Consumption to customers with active

consumption, rewards and promotions for providing transaction information and

personal information, and rewards for participation in advertising.

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21White Paper Ver. 1.0 | https://worldbridgecoin.io

13. Token Summary

Token Sale 개요

Methods of payment ETH, BTC

Platform Ethereum

Type ERC20

Symbol WBG

Mining No mechanical mining

Reward MiningViewing Ads or Using the platform, Providing service review

and recommendation

COIN Unit 18 decimal places

Start Date 2019-03-05

End Date 2019-06-30

Initial Price 1WBG = 0.06 USDT

Soft Cap $ 20 Million

Hard Cap $ 45 Million

Total Supply 5,000,000,000 WBG

Total Sale 750,000,000 WBG

Investment limitation U.S. citizens and other ICO regulatory countries

Private Sale Limit $100,000 per person

Issuer WORLD BRIDGE PTE.LTD.

Lssued Country SINGAPORE

Address 3 SHENTON WAY #16-08 SHENTON HOUSE SINGAPORE

Auditing Usage of ICO funds

Website https://worldbridgecoin.io

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22White Paper Ver. 1.0 | https://worldbridgecoin.io

13. Token Summary

Private Sale 1WBG = 0.06USDT 2019-03-05 ~ 2019-06-30 Bonus 15%

Operation Guidelines

※ EXCHANGE RATE

The exchange rate of ETH, BTC to WBG is calculated so that 1 WBG = 0.06 USDT at coinmarketcap.com

Price based on Singapore time (UTC/GMT + 8) PM 12:00 (midday) on the day of participation.

Investment Limitation in Pre & Main Sale

• Min. Investment Amount : Available from 1,000 WBG

• Max. Investment Amount : $1,000,000 per person

Remittance available Maximum investment amount

In case you transfer more than the maximum amount, the difference will be

returned within 60days afrer the ICO closing, excluding 5% of the remittance fee

and operating fee.

Register customer information, KYC

Proceed to the KYC by including the customer information registration procedure on

the ICO registration platform.

Lock-up period

Founders and team members are limited in transaction to stabilize the market for

120 days after the exchange is listed.

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23White Paper Ver. 1.0 | https://worldbridgecoin.io

13. Token Summary

Anti Money Laundering, AML

• Additional documentation and certification can be requested to prevent money laundering

after checking KYC for around $10,000 or more WBG

WBG Steering Committee

• Establish five or more operating committee, including WBG developers, advisor,

and strategic investors

• Make decisions for funding and marketing, ICO planning and ecosystem expansion

• Chairman of the WBG Board : Lee ho

• The composition of the members other than the chairperson of the board will

be announced in later

Auditing

• WBG makers an audit of its investment history through a global accounting

firm and is published on its website (http://worldbridgecoin.io) and by e-mail

as well

Security

• Operates a security team to prevent Cyber Attack and conducts regular security

checks

Privacy & GDPR

• Doing efforts to comply with each country’s national privacy policies and meet

the GDPR Guide in Europe

• Submit Privacy & GDPR Policy Report in every half year

Inquiry to : [email protected]

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24White Paper Ver. 1.0 | https://worldbridgecoin.io

13. Token Summary

Token Distribution Budget

Token Sale 15%

Eco-system 30%

Contributor 35%

Advisor & Partnership 8%

Reserve 12%

15%

8%

12%

35%

30%

Token Sale Operation Policy

Budget Operation Plan

30

15

30

20

50

10

20

30

R&D Alliance Marketing Operate Legal

[ unit : %]

R&D 30%

Marketing 30%

Alliance 15%

Operation 20%

ICO Legal Opinion 5%

* Details of each operation plan can be changed on the decidion of board of directors of

WORLDBRIDGE PTE.LTD.

* The operation plan is posted on the website every half year, and the audit trail of the company is

attached.

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25White Paper Ver. 1.0 | https://worldbridgecoin.io

14. Roadmap

Will develop the basic components of the BridgeChain platform in the first or

two quarters of 2019, launch the first commercial version in the third quarter,

and establish a cryptocurrency payment ecosystem in connection with domestic

online shopping malls. In the first half of 2020, will link the Integrated

BridgeChain Payment services to on-line and off-line merchants in the

Southeast Asian market.

1Q Set up Project Team

Join Financial & Blockchain Experts

White Paper 1.0

Design BridgeChain Platform System

2Q Develop BridgeChain Platform

Develop Hybrid Wallet

3Q Token Sale

Strategic Alliance with

“TimeSale” Shopping Mall

4Q Open BridgeChain Platform Demo

Open Hybrid Wallet

Listing on Exchange

2020

2019

1Q Listing on Global Exchange

Launching Commercial Version of

BridgeChain Platform

2Q Develop & Open

Offline Payment System

Update Hybrid Wallet

3Q Entering to SEA Market

(Vietnam, Philippines, etc.)

4Q Upgrade BridgeChain Platform

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15. Partner

Business Partners

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16. Contact US

Website https://worldbridgecoin.io

Contact [email protected]

Medium

Telegram

Facebook

Youtube

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28White Paper Ver. 1.0 | https://worldbridgecoin.io

※ LEGAL DISCLAIMERS 1/4

Please read the below notice carefully before participating in the coin sales.

This notice is applicable to all readers of ‘White Paper’, and please keep in mind that the notification may

change or update. If you are not sure about your future actions, we recommend you seek advice from legal,

financial, tax and other experts. All information provided from white paper and web site is just for reference,

does not constitute any investment decision or concrete advice on WBG purchase.

The trade or business of WBG should be made under the one’s own responsibility.

Legal Notice

1. This white paper has been distributed for the WBG project and for general reference only, and can be reviewed

and modified. Please note this white paper reflects up-to-date information based on the cover date and is not

final version. The information in this document can be change depending on the business operation and

financial status of WBG after the date. This white paper can be updated irregular base.

2. No one has the obligation to enter into a WBG sales contract or legally binding commitment and shall not

receive any funding on the basis of this white paper. The sale of the WBG is made through a legally binding

contract and details are provided separately from the white paper. In the event of a discrepancy between the

contract and the contents of this white paper, the contract shall be applied first.

3. In no event this white paper shall be construed as a token issuer/distributor/company's token sale or purchase

proposal for WBG, and the presentation of this document or the document itself shall be based on contract

and investment decisions.

4. WBG is NOT intended to constitute a unit of securities, business trusts or collective investment schemes,

which are defined in accordance with the Singapore Securities and Futures Act or other equivalent provisions

in other jurisdictions. Therefore, this white paper is not provided as a business plan, a business manual,

a proposal, etc. and no jurisdiction shall interpret this white paper as an investment proposal or solicitation

such as securities, business trust units or units of collective investment schemes.

5. WBG shall not be interpreted, analyzed, classified or paid as an opportunity for Buyer to participate in the

platform, token, product or receive investment/income/payment/profit or part of that amount.

6. The coin/token issue method specified in this white paper can not be reproduced, distributed or otherwise

disseminated in all or part of this document in regulated or prohibited jurisdictions. .

7. The information in this white paper has not been reviewed, inspected or approved by the regulatory

authorities. These actions have not and will not be taken in any jurisdiction.

8. In case of wishing to purchasing WBG, you must NOT understand, interpret, classify, or treat WBG as follows.

(a) any currency other than a cryptocurrency

(b)Bonds and shares issued by any institution

(c) Rights, Options, Derivatives on such bonds and shares

(d) The rights under the contract and other agreements for the purpose of assuring return on investment or

avoiding losses or impersonating them for this purpose

(e) Units or derivatives of securities including collective investment schemes and business trusts

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For Official Use Only

29White Paper Ver. 1.0 | https://worldbridgecoin.io

Limitation of Distribution and Dissemination

1. Distribution or dissemination of this white paper in whole or in part can be prohibited and restricted by

legal or regulatory requirements of any jurisdiction. If restrictions apply, you should be aware of the

limitations that can apply under the possession of this white paper by yourself and seek advice from law,

and comply with them. WORLD BRIDGE PTE LTD, executives, employees, agents or related parties

(hereinafter ' WBG and Affiliates')shall not be held liable for this.

2. Any distribution or dissemination of this white paper shall not allow or cause this white paper or its

contents to be shared by others, such as distribution, replication, or otherwise, for any purpose

Exclusion of liability

1. The related services provided by ' WBG and Affiliate' are offered 'as is‘ and 'as available‘ WBG and its

affiliates do not explicitly or implicitly guarantee or describe the accessibility, quality, compatibility,

accuracy, adequacy, completeness of the tokens and related services. In this regard, WBG and its affiliates

state that no liability shall be given to any error, delay, omission or action taken on it.

2. In any jurisdiction, ‘WBG and its affiliates’ do not bear responsibility of any liabilities on benefit, income,

loss or damage from trades of WBG under the relevant liabilities, regulations, and rules in the maximum

extent.

3. ‘WBG and its affiliates’ does not responsible for customers who have violated relevant laws, regulations

and rules of local country’s ICO.

4. Range of excluded liabilities: Every expense of claim, compensation, loss, and legal fee

Future forward-looking statements

1. This white paper contains future predictive statements based on the current statistic number and

assumption, but WBG does not have a responsibility to bear any liability to update on website about any

risk, uncertainty, actual result, information can give influence on future change or events and any other

information created by WBG.

2. Future forward-looking statements contain various risks and uncertainties. These statements do not

guarantee future performance and therefore should not be relied upon too much.

3. The WBG platform is either complete or not fully operational as of the date this white paper was created.

The description on this white paper is written on the premise that the platform will be fully completed and

operational in the future, but this should not be construed as a guarantee or commitment for completion

of the platform and complete operation.

※ LEGAL DISCLAIMERS 2/4

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Potential Risks

Before deciding whether to purchase or participate in 'WBG', it is recommended that you read the

followings carefully and analyze, understand the relevant factors and risks.

Risks include but are not limited to:

1. Risk of storage related purchasers' carelessness, such as limiting access to ‘WBG’ due to loss of

identification information, loss of essential private key related to digital wallet with ‘WBG‘.

2. Changes in political, social, or economic environment, changes in the market environment of the stock

or cryptocurrency markets; risk related to changes in regulatory environment in countries where ‘WBG

and Affiliate' operate and to changes in the ability of ‘WBG' to survive or compete in these

circumstances; In certain jurisdictions may apply existing/new regulations related to blockchain

technology, which is disadvantageous to ‘WBG', which may result in significant changes in the ‘WBG‘

ecosystem and projects such as the abolition / loss of ‘WBG'.

3. Changes in the future capital needs of WBG and its affiliates, and changes in capital and capital

procurement potential to meet these risks and shortfalls can affect the use and potential value of 'WBG‘

platform development and 'WBG‘ itself.

4. WBG's activities can be suspended, dismantled or suspended due to various reasons such as unfavorable

changes in the value of WBG, failure of business relations, or intellectual property claims of competitors

during development/operation. As a result, WBG ecosystem can potentially have a negative impact on

the potential use.

5. No other entity is entitled to make decisions regarding projects, ecosystems, etc. of ‘WBG'. All decisions,

including the discontinuation of 'WBGE' services, platforms and ecosystems, and the creation, sale, and

liquidation of 'WBG' utilized in the ecosystem, are at the discretion of WORLDBRIDGE PTE.LTD.

6. The tax and accounting practices of 'WBG' may vary from jurisdiction to jurisdiction. Purchase of 'WBG‘

may have a negative impact on tax processing and is encouraged to seek independent tax advice in this

regard. In addition to the risks stated above, there are other risks that WBG and its affiliates can not

anticipate. The risks of unexpected combinations and variations can also emerge. If the above risks and

uncertainties develop into actual situations, the business, financial position, operating results and

prospects of the 'WBG and Affiliate' can be affected in a practical and negative way. You may lose some

or all of the token values of 'WBG'.

ICO Participation Limit

1. WBG is not allowed to participate directly or indirectly in the ICO of ‘WBG' by U.S. citizenship holders,

residents or permanent residents of countries that prohibit ICO participation.

2. WBG will not be returned in any circumstances, except if the sales rate is below 10% after ICO

completion.

3. Details of the refund process will be updated on the website or other materials.

※ LEGAL DISCLAIMERS 3/4

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Governing Law

WORLD BRIDGE PTE.LTD is established in Singapore and this white paper is interpreted and regulated in

accordance with Singapore’s laws regardless of the principles of international business.

No detailed information and no update

No person shall be authorized to provide information / explanation except for the contents contained in this

white paper for "WBG and affiliated companies" and related projects and operations, and even if provided

with this information / description, You should not be considered to represent them.

No consultation

No information in this white paper is considered business, legal, financial, or tax advice for "WBG and

affiliates". We encourage you to seek advice from other experts, such as law, finance, tax, etc., regarding

'WBG and affiliates' and related businesses and operations. The financial risk of purchasing 'WBG' can apply

indefinitely.

KYC Compliance Statement

Customers participating in the sale of WBG must comply with the verifying real name procedure (KYC)

regulations and any other applicable regulations after the crowdsale for identification purposes. WBG will do

Its best to provide convenience and reliability to customers based on mutual trust.

1. WBG complies with ICO-related laws such as KYC, Anti-Money Laundering Act (AML).

2. WBG complies with the Privacy Act to protect customer's personal information, including user registration

information.

3. WBG will use the KYC personal information collection as information for the sale of O2O tokens only and

will discard the documents submitted for KYC after ICO closing. More detailed information on the KYC

process will be updated on the homepage or other materials.

※ LEGAL DISCLAIMERS 4/4

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32White Paper Ver. 1.0 | https://worldbridgecoin.io

www.worldbridgecoin.io

Thank You

WORLD BRIDGE PTE.LTD.


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