Skuchain

Collaborative Commerce Collaborative Commerce Contextual Commerce Mobile Commerce Social Commerce Electronic Commerce Local Commerce 1996 2001 2006 2011 2016

Why Blockchain? Title Transfer Value Transfer Multi Sig capability Secure Self-executing transfer of Transaction encryption smart & legal documents Immutability contracts and ownership Provenance Blockchain Value Deterministic addresses 160 2 number space System of Record (SOR) 3 Skuchain: Private & Confidential

About: Skuchain’s Bracket Platform A Smart Contract Governance platform for your supply chain Tap the power of the blockchain to allow supply chain ecosystem What: partners to enter into secure agreements with each other. B lockchain based A contract governance system for Supply Brackets: R elease of funds, that Chains providing: A re C onditionally ● Transparency K ey-signed & ● Security E ● Real time audit T riggered by S ignals 4 Skuchain: Private & Confidential

Today’s Supply Chain High cost of capital sell sell buy Seller ship sell Raw Manufact vmi Buyer buy buy Material urer Visibility Track &Trace ship Any ERP Any ERP Any ERP e.g. e.g. e.g. Oracle Oracle Oracle 5 Skuchain: Private & Confidential

Tightly Integrated Supply Chains Cross Division Trades. Use case 6

Problem: Many Single point Solutions SUPPLY CHAIN SYSTEMS TREASURY SYSTEMS NEW WORKING Kinaxis CAPITAL PLAYERS JDA Software INDUSTRY BODIES Infosys-Finacle Amber Road SWIFT Prime Finance CGI-Twin GT Nexus Bolero.Net Taulia Temenos BAFT Kyriba SAP Demica Reval Systems LEGACY SYSTEMS No solutions available below Tier 1 and possibly Misys Tier 2 suppliers Surecomp China Systems Commodities Pinnacle Suppliers Trade & Tier 2 Tier 3 Treasury Banks Corporates Suppliers Suppliers No One Solution provides Visibility and Trust across the Supply Chain Goods Working Capital 7 Skuchain: Private & Confidential

Skuchain enhanced Supply Chain sell buy Trade Division Division Governance 1 2 Bracket Any ERP Any ERP e.g. e.g. Oracle SAP Any external enterprise Skuchain Blockchain Platform The technology framework to interface with the blockchain Other enterprises 8 Skuchain: Private & Confidential

Loosely integrated supply chains Working capital & Risk Mitigation Use case 9

Today’s Supply Chain High cost of capital 2 1 sell sell buy Seller 3 ship sell Raw Manufact vmi Buyer buy buy Material urer Good 4 5 credit ship 1 Buyer - has poor visibility into the supply chain 2 Seller - needs working capital financing to buy raw material 3 Manufacturer - needs assurance that they won’t be stuck with inventory 4 Vendor Managed Inventory system needs to be in place 5 Finished goods and work-in-process pipelines need to be tracked 10 Skuchain: Private & Confidential

Skuchain enhanced Supply Chain sell sell buy Value Adder 1 ship Raw Manufact vmi Credit Insured Buyer 2 buy Material urer ship 4 IMT takes title & governs the trade Investment grade & Risk-mitigated Returns The legal framework to IMT interface with the blockchain Contract Assignment Skuchain Platform Corp Other 3 Treasury The technology framework to interface with the blockchain Financiers 11 Skuchain: Private & Confidential

Skuchain video 12 Skuchain: Private & Confidential

Flow of Goods Inventory Track & Trace Use case 13

Today’s track & trace Expensive Complex 14 Skuchain: Private & Confidential

Skuchain provides crypto-serialization Bank grade tracking of Inventory with PopCodes (proof of provenance codes). MetaData Subassembly 1 - Manufactured in Italy Unique Cryptographic - Date: 05/04/2016 - Line: 23298 Codes - Value $92.02 Item 1 - Manufactured in Ireland - Date: 04/04/2016 - Line: 23298 - Value $23.97 Item 2 - Manufactured in USA - Date: 03/17/2016 - Line: 00978 - Value $22.98 Item 3 - Manufactured in Croatia - Date: 12/06/2015 - Line: 34342 - Value $22.09 Item 4 Value assigned to each - Manufactured in USA - Date: 03/18/2015 item and assembly - Line: 00978 - Value $22.98 Sequential Numbers - makes labelling scale 15 Skuchain: Private & Confidential

Skuchain media 16 Skuchain: Private & Confidential

Flow of Money Payment guarantees Use case 17

Data LC Buyer Buyer Bank Skuchain Seller BBO v. BPO Enter into a bracket - Ease of Integration Proforma MT700 - Ease of Adoption - Buyer is protected Send MT700 via SWIFT - Portability of Invoice and Ship Goods Financing Notification Acceptance MT754 Claim ePresentation - Supply Chain and Deep Tier Financing Debit Buyer Ack acceptance Discount Possibility Discount Request Pay Seller Settle based on terms Bank Finances 18

BBO: Blockchain Based Obligation Buyer Buyer Bank Skuchain Seller BBO v. BPO Enter into a bracket - Ease of Integration - Ease of Adoption Obligation Opportunity - Buyer is protected KYC + Payment Obligation - Portability of Invoice and Ship Goods Financing Acceptance ePresentation - Supply Chain and Deep Tier Financing Debit Buyer Ack acceptance Discount Possibility Discount Request Pay Seller Settle based on terms Bank Finances 19

Blockchain Based Purchasing: Deep Tier Buyer Skuchain T1 T2 Authorize Scrip Facility Open a Bracket Scrip Opportunity Allocate Scrip Open a Bracket Place Scrip in escrow Ship Goods T2 T1 Accept/Release Scrip Request Scrip Redemption Funds Wired to T2 bank Accept Shipment Ship Goods Invoice financing Opportunity Funds wired to T1 Bank Payment in 90 days JIT Visibility 20 Skuchain: Private & Confidential

Flow of assets Marketplace exports Use case 21

Marketplace exports 1. Establish Bracket 1. Establish Bracket between Invoice between Buyer & Financier & Seller. PO 3 2 Financier. 2. Asset is contained therein 2. Invoice is contained therein Fiduciary code: based on open source Kevlar protocol. 1. Place asset on the Blockchain Implementation: 2. Allow 3rd party Financiers to 1 Asset take ownership & keep track Hyperledger on IBM z-systems 22 Skuchain: Private & Confidential

About Skuchain Skuchain baft.org Captain Trade & Supply Chain Workstream Skuchain interledger.org Active member 23

Technology 1 Issued Patent No. 9,436,923 5 Patent Applications Smart Legal Contract Blockchain Instances Hyperledger Ethereum or Blockchain Agnostic …….other Private & Federated Ledgers Currency with cross-ledger communication USD, CNY or Ripple, Open Assets Currency Transport Agnostic Fedcoin 24 Skuchain: Private & Confidential Skuchain: Private & Confidential

Traction Banks Conversations: 36 Pilots & POC’s: 8 Upcoming announcements: 2 Logistics Kaleido, Cainiao Carriers Maersk, CMA-CGM, INTTRA Insurance Euler Hermes / Allianz, CI Brokers, Marine Underwriters, Pingan Marketplaces Alibaba Enterprises Contract Manufacturers, Solar cell mfg., Geographies US, China, Australia, Korea, Europe, Japan 91+ Consulting 6 of the Top 10 Houses enterprises Software Trading systems, Bank internal systems in the pipeline Integration 25 Skuchain: Private & Confidential

Media 26 Skuchain: Private & Confidential

Contact [email protected] 1172 Castro Street Mountain View CA 94040 USA http://www.skuchain.com 27 Skuchain: Private & Confidential