Open Infinite Intelligence in a trusted Ecology and Share Value With Users
1.Blockchain leads to a new era of intelligent digital economy...1 1.1. Design ideas at the economic level... 2 1.2.Design ideas at the technical level... 2 2. Internet of Things... 3 2.1. Concept of the Internet of Things...3 2.2.Physical architecture of the Internet of Things:...4 2.3.Problems of the Internet of Things...5 3. Artificial intelligence... 6 3.1.Development potential and current situation of artificial Intelligence...6 4.Digital money payment (currency payment)... 9 5.Trine Chain...12 5.1.Internet of Things... 12 5.2.Artificial intelligence... 12 5.3.Digital money smart payment...12 5.4.Decentralized application... 12 5.5.Digital asset management... 12 5.6.Intelligent contract platform...12 6.Trine Chain data encryption... 13 7. Trine Chain and the Internet of Things... 14 8.Trine Chain and artificial intelligence...15 9.Trine Chain payment system... 18 10. Trine Chain value interconnected ecosystem: trusted ecology opens infinite intelligence21
10.1.Smart contract...22 11.TRC-token system design... 22 11.1.TRC issuance Programme...22 11.2.Value systems and incentive programmes... 23 12.TRC project planning map... 25 13.Trine Chain organizational framework...25 13.1.Trine Chain Foundation...25
1.Blockchain leads to a new era of intelligent digital economy The block chain has brought the dawn of great change to the age of digital economy. The Internet has taken place twice tremendous changes in recent 50 years. The first one is the global network. Since the birth of ARPANET in 1969, the mainstream countries in the world gradually connected to the Internet, opening the journey of global networking. The second one is the global application. Since 1989, when the World Wide Web was published, the Internet application blossomed all over the world and realized the global application expansion. A third great change is brewing, which is marked by the birth of Bitcoin in 2009. Supported by blockchain technology, Bitcoin broke the "dark" box of traditional paper money which is invisible as an entity during the circulation. No one knows where a piece of paper comes from, while the blockchain can make every movement that the number evades clear and "chained"-tracked, as well protect the privacy of the participants. It has been found that the significance of blockchain is to build a more reliable Internet system so that to fundamentally address fraud and rent-seeking in value exchanges and transfers. More and more people believe that with the popularization of blockchain technology, the digital economy will become more authentic and credible, and the economic society will become fairer and more transparent. Further studies have found that the blockchain technology has a strong ability to "reduce costs", able to simplify the process, reduce some unnecessary transaction costs and institutional costs, which is applied in many areas of society and is more important for 01
improving the current depressed economic environment. 1.1. Design ideas at the economic level Reducing costs is an important design idea of blockchain technology. In the blockchain system, participants can trade without knowing the other party's basic information, realizing "trust in without credit conforming", and changing the trust mode centered on the third party in the traditional model. The blockchain builds a trading system that relies on the trust of the machine and algorithm, and the transaction trust is determined by the machine and the algorithm; The transaction process can be executed automatically by the program. This "weak centralization" feature can effectively reduce transaction costs, improve transaction efficiency, and reduce the friction caused by identical transaction. 1.2.Design ideas at the technical level Blockchain is a reliable distributed data storage system with participation of multi-party. Its unique features are as follows: The first is the participation of multi-party in recording behavior, that is, all parties can participate in recording; The second is the multi-party participation in and joint maintenance of data storage, which means all parties join in the storage and maintenance of data; Thirdly, the data and contracts are stored by chain, and can only be read and written, not tampered with. In the application practice, this system can purchase and implement information and responsibility shared and consensus reached by all participants, and can 02
become the basic technical framework of a variety of business behaviors and organizational structures. 2. Internet of Things 2.1. Concept of the Internet of Things The Internet of Things, which is called the third wave of the development of the information industry in the world after the computer and the Internet, is a wave more widely used than the Internet. Explanation 1: The Internet of Things originated in the "Network Radio Frequency Identification (RFID) system", which was put forward in 1999 by the Center AutoID Labs set up by MIT in the USA, connected all the things with the Internet through the sensor device of radio frequency identification to achieve intelligent identification and management. Explanation 2: The Internet of Things is to build sensors, actuators, and data communication technologies into physical objects so that it can be tracked, coordinated, and controlled by the entire data network or the Internet, which is the view of the McKinsey Global Institute. Explanation 3: The Internet of Things, based on data cloud storage and business cloud computing, is an intelligent business data processing system that connects intelligent terminals through advanced networks. It is an integration system of cloud, management, and terminals, or is a cloud computing technology in combination with the specific business and process management. 03
White paper "Welcome to an Era of All Things Connected" released by Cisco noted "among 1.5 trillion matters in the world, even if 99.4% of which has not yet be connected into the Internet (only 10 billion internet connected things in current), they will become part of the" Internet of Everything in the future. From 2013 to 2022, the potential value of global enterprises will reach USD 14.4 trillion due to the Internet of Everything. More specifically, in the next 10 years, it is expected to increase global corporate profits by 21%. As a result, the CEO of the Cisco, John Chambers has announced that Cisco's next transformation is a combination of "the Internet of Things" and "Application Centric lnfratureture(aci) to realize a comprehensive transformation from the equipment provider to the Internet of Things solution provider, from the world's largest network company to the world's largest IT company. Similarly, Google bought American robotics companies in 2013, up to 10 companies in a year. In the Internet of Things environment, all kinds of robots can only be terminal equipment. The only on goal for Google's acquisition of so many robotics companies is to be fully involved in the Internet of Things industry. 2.2.Physical architecture of the Internet of Things: Cloud-pipe-terminal Intelligent cloud Intelligent objects + Advanced network + system brain Made up by big Smartphones, robots, and data from cloud Specific contents a variety of objects with storage and cloud Including ubiquitous network, different kinds of cards computing, and private network (chips), characterized by characterized by a artificial intelligence smart brain (cloud brain) Short name Intelligent terminal Network (transmission pipe network) Cloud Abbreviation Terminal Pipe (net) Cloud 04
From the physical architecture, the Internet of things is a system composed of intelligent objects and advanced network + intelligent cloud brain, which is composed of cloud, pipe (network) and end. 2.3.Problems of the Internet of Things As a new generation of information technology, the value and significance of the Internet of Things are generally recognized by the society and has been preliminary development, with large-scale application conditions being rapidly formed, leading industrial development to enter a critical period. However, at present, many problems exist in the Internet of Things industry, for example, the current ecosystem of the Internet of Things relies on the centralized network management framework, so that all devices are connected through the cloud servers. As the network expands, the infrastructure and maintenance of centralized cloud servers, large servers and network devices will be costly. Specifically speaking: First, chips, modules, devices, networks, platforms, applications, data, services and other industry chains are lengthy, involving a wide range of technical areas. Market channels have not been opened, hence the value transmission has a low efficient; Second, The cooperation system, trust system and value system among all kinds of users, objects, perceptual control equipment, service platforms, supervision platforms and third party resource system in the industry are not perfect, which leads to the difficulty in integrating the Internet of Things into the industry. Third, most of the centralized Internet of Things platforms of manufacturers or service providers have the authority to collect and analyze user data as well control user equipment without user authorization, which poses a great 05
threat to the privacy and security of users. In addition, due to the complexity of the convergence of the Internet of Things and traditional industries, as well as the lack of market operators and loop-locked business models, the development is relatively slow. As a result, the framework system of integration of the Internet of Things with the traditional industries should be clarified, and more importantly, the lack of a set of effective network credit protection mechanism need to be solved, that is, how to ensure the legal identity, the data validity, the authenticity, consistency and non-tampering of data in different systems will be the key core to determine whether the Internet of Things can play a major role in innovative applications such as agricultural production, supply chain traceability services, and financial and insurance services. 3. Artificial intelligence 3.1.Development potential and current situation of artificial Intelligence For artificial intelligence, Dr. Stephen Hawking said: "the real artificial intelligence technology, will be the greatest invention in human history." Nowadays, all kinds of intelligent products have become an indispensable part of human life. Smartphones, computers, digital appliances, and even all kinds of robots, which have been gradually formed and manufactured on a large scale, are all expressing that the age of artificial intelligence has arrived. Artificial Intelligence (AI) is a new science and technology for research and development of theories, methods, techniques and application systems for simulating, strengthening, and 06
expanding human intelligence. Artificial intelligence is a branch of computer science that attempts to understand the essence of intelligence and produce a new intelligent machine that can respond in a similar way with human intelligence. The research in this field includes robot, language recognition, image recognition, natural language processing and expert system. Since the birth of artificial intelligence, the theory and technology have become more and more mature, and the application field has been expanding constantly. It can be assumed that the scientific and technological products brought by artificial intelligence in the future will be the "container" of human wisdom. Artificial intelligence, which can simulate the information process of human consciousness and thinking, is not human intelligence, but the ability to think like human beings, or possibly to surpass human intelligence. A new round of scientific and technological revolution and industrial transformation is emerging. The formation of big data, the innovation of theory and algorithm, the improvement of computing power and the evolution of network facilities drive the development of artificial intelligence into a new stage. Intelligence has become an important direction in the development of technology and industry. According to the Accenture s research, "By 2035, the profits of successful AI merchants would grow by an average of 38%. Through the introduction of artificial intelligence, it is possible to bring 14 trillion additional GAV to 16 industries in 12 countries." The United States, the European Union, China, Japan and other countries and organizations have upgraded artificial intelligence into a national strategy for layout, supporting the development of industries and enterprises through policies and funds, to actively promote speech recognition, image recognition, in-depth learning, brain neuroscience technology and industrial development, preempting the development of 07
artificial intelligence industry. As a new factor of production: AI can boost economic growth in at least three important ways. First of all, it creates a virtual workforce-what we call intelligent automation. Second, the skills and capabilities of existing labour and physical capital could be supplemented and enhanced. Third, like other previous technologies, AI can drive economic innovation, which will serve as a catalyst for broad structural transformation with the passage of time, as countries that develop and utilize AI will not only be innovative in their methods, but also be able to explore in new areas. Although the concept of artificial intelligence is popular, many problems still need to be solved in the current development. For technology developers, the barriers in data acquisition are relatively high. On the one hand, data sources are too concentrated. Big data is controlled by a handful of monopolistic companies. On the other hand, many valuable private data are hard to access because of difficulty in privacy guarantee. The high threshold for obtaining data hinders the evolution of the algorithm. For the data owner, it is difficult to maximize the value of the data because of the unclear ownership of the data. Especially for individuals, some of the data generated by autonomous behavior is controlled by Internet companies who decide how to use the data; while the other part of data is lack of circulation channels, resulting in the value being completely buried. It is far from enough to develop the artificial intelligence relying only on a few monopoly leading enterprises. Historical experience has proved the necessity of socialized division of labor and the infinite potential of market economy. An industry must introduce more participants to improve the overall level of development through adequate competition. 08
4.Digital money payment (currency payment) According to incomplete statistics, there are more than 1800 digital currencies listed on major exchanges. Only nine years ago, the concept of bitcoin, the world's first digital currency, was just proposed by Nakamoto. These digital currencies include competing coins(such as the Ripple) which emerged to solve the plight of bitcoin, application platform tokens(such as Ethernet and other tokens generated by the DApp developed on the basis of the Ethernet) which appeared based on blockchain technology, and customized currencies based on new technologies such as side chains. It can be said that the prosperity of digital money to a large extent reflects the recognition and expectation of technical community and the whole society to block chain technology. However, the current application of digital money is very limited. As a result of numerous and instable digital currency, the main transactions are from the currency transactions and leagal currency exchanges. Compared to the currency, the current digital currency is more like an investment. It is no doubt that the hot investment market makes blockchain technology well known to the public, which is benefit for the development of digital money, but it will not be the development direction in the future. After all, digital money will return to the essence of circulating money. Only people begin to consume and merchants start to make settlement with digital money as well the whole society slowly moves to the circulation system of digital money can the maximum value of digital money be achieved. Although the application of digital money is restricted by external factors, such as incomplete cognition of the whole society and obstruction of traditional interest groups, some internal factors, such as imperfect 09
technology of digital currency and wide divergence of community technical schemes are still existent. As the cornerstone of the global digital currency, Bitcoin cannot be used as circulating currency because of its insufficient design capacity, slow processing speed, declining anonymity and other problems, leading to no connection with the daily life of the public. The Bitcoin Lightning Network and the Ethereum Thunder Network are two decentralized systems. Their excellence is that they can achieve real-time, massive trading networks without having to trust each other and third parties. The Lightning and Thunder Networks provide an extensible micro-payment channel network. If the parties to the transaction have a payment channel in advance on the block chain, they can achieve instant confirmation of micro-payment with multiple times, high frequency and two-way by the differential method; If the parties do not have a direct point-to-point payment channel, as long as a payment path consisting of a plurality of payment channels and connected to both parties can be found in the network. The outstanding contribution of Lightning Network and Thunder Network is to put the chain trade out of the chain, and only the last liquidation transaction is submitted to the blockchain, which is disguised as the blockchain expansion. Ripple is a decentralized inter-bank clearing protocol designed to solve the problem of high cost and high delay of inter-bank settlement. With the advantages of fast, convenient and ultra-low cost, Ripple proposes an In-2 related work iterledger protocol to implement asset transactions across account books. Instead of being a ledger in itself, ILP provides a top-level cryptographic hosting system that, with the help of intermediaries known as "connectors," allows money to flow between account books. Ripple transactions rely on trust 010
built between gateways which provide token issuance. Although Bitcoin, Ethereum, and Ripple have made outstanding contributions to the field of digital money payment, it cannot be denied that their application in the real world is very limited and there are various barriers. Taking Bitcoin as an example: All along, the use of Bitcoin in real life is very limited, and it still exists obstacles for ordinary merchants to accept Bitcoin payment. Because the technology of Bitcoin applications is mostly advanced cryptography, distributed computing and other fields of knowledge, it is difficult for ordinary merchants to understand its principles and advantages. Frequent and large currency fluctuations also make it possible to face greater risk of loss in case of accepting Bitcoin payment. While some teams have been able to provide payment gateway solutions for merchants to settle in leagal currency (such as BitPayPay, the largest Bitcoin merchant payment gateway by far), its highly centralized operating mode and reliance on main-chain transactions have led to systemic risk no less than the digital money exchange (For example, the Mentougou incident in 2014 when Mt.Gox, the largest exchange at that time, lost 850,000 BTC). TenX, the star project, has made efficient digital money transfers using lightning network technology, but completely rely on the centralization of the VISAs in the settlement of merchants, and is also dependent on the exchange model in the process of resolving the exchange of digital currency to the leagal currency. These products give up the core value of the decentralization of the digital currency and cannot become the mainstream solution for future digital money payment. 011
5.Trine Chain Trine Chain aims to create a resource collaboration ecosystem with blockchain as the underlying layer, encouraging data owners to share data and application developers to create more valuable applications, in order to meet the needs of all participants in the market. Trine Chain applies the blockchain to the three fields, Internet of Things, artificial intelligence and intelligent payment, and links them together to form the Trine Chain value Internet. In addition to the three main areas mentioned above, Trine Chain will also implement a secure, fast, universal, and easy to be extended blockchain underlying platform, so the main application areas of Trine Chain are: 5.1.Internet of Things 5.2.Artificial intelligence 5.3.Digital money smart payment 5.4.Decentralized application 5.5.Digital asset management 5.6.Intelligent contract platform We issued a native digital currency, TRC, as the original driver of the underlying value network system for the entire Trine Chain blockchain to encourage data owners to share data and developers to create more valuable applications, so as to meet the needs of all participants in the market. We then use TRC as value feedback and establishment of productivity to these builders to enable users to share the value of TRC. 012
6.Trine Chain data encryption Trine Chain deletes blockchain from the data layer to ensure data security and privacy. All raw data is encrypted on the client side. Because the data is not visible to third parties, the main challenge is how to implement the computation of encrypted data or the sharing of parallel distributed architecture. The public key encryption system used in block chain platform is no longer suitable for distributed encryption storage, because public key encryption technology requires the receiver's public key to encrypt data, and only one-to-one authorization can be implemented. The data is expected to be encrypted once and used multiple times on Trine Chain, so it's one to multiple authorization. Therefore, Trine Chain platform will further develop the combination encryption technology of re-encryption and homomorphic encryption and the block chain technology to achieve more secure and efficient data sharing and services. (Trine Chain data encryption schematic) 013
7. Trine Chain and the Internet of Things Through the blockchain distributed infrastructure of Trine Chain, the distributed storage and data encryption computing of Trine Chain blockchain reshape the basic architecture of Internet of Things thus to construct a basic data platform for Internet of Things system, providing full solutions through data access, data storage, and data sharing to applications, to address the existing ecosystem of the Internet of Things, and to break down the network management architecture that relies on centralization, and the infrastructure of centralized cloud servers, large servers and network devices, thus reducing the cost of equipment interconnection, effectively protecting data privacy, and maximizing the value of Internet of Things data. (Internet of Things data uploaded and shared to Trine chain) 014
(Trine Chain distributed Storage of Internet of Things data) 8.Trine Chain and artificial intelligence We all know that the blockchain has the following characteristics: Distributed: The distributed feature of blockchain, also called decentralization, is the most basic feature of blockchain. In the traditional centralized network system, the destruction of a central node may paralyze the whole system, but for the blockchain network, no centralized hardware or management mechanism exists because of the use of distributed accounting and storage. The rights and obligations of any node are equal. The data block in the system is maintained by the nodes with maintenance function in the whole system. At this time, the entire network cannot be destroyed by attacking a certain node. Open: Based on the use of open source procedures, open rules, and high participation in blockchain systems, the blockchain data is made public to all, except for the private 015
information of the parties to the transaction. Anyone can query blockchain data and develop related applications through a public interface, and the whole system information is highly transparent. Hard to be tampered with/trustworthy: Once the information of the blockchain system has been verified and added to the blockchain, the data on the chain is backed up in each network node and will not be deleted, resulting in a very high cost of attacking the entire network, in order to ensure that the blockchain network data is difficult to be tampered with, and be believable. Concealment/security: While all data recording and updating operations in a blockchain system are open to nodes across the network, the private information of its traders is handled by hash encryption, which indicates data exchange and transactions are done anonymously. In short, encryption is the process of converting the original information through an algorithm, and the receiver of the information can decrypt the ciphertext through the secret key to obtain the original text. Blockchain uses many mature encryption algorithms to ensure the reliability and security of the system. Compared with the traditional database model, the blockchain introduces three new features: decentralized/shared control, immutable/auditable traceability, and native asset/exchange center. These benefits of blockchain bring the development of artificial intelligence more space. The decentralized nature of the blockchain encourages the sharing of data amoong traditional isolated islands. If no single entity can control the infrastructure for data storing, the resistance to sharing data becomes smaller. Artificial intelligence needs big data, the more data, the more perfect the model, and the new data may also bring a new 016
model. Sharing data will provide more available learning materials for artificial intelligence, resulting in more explanatory models. Irrevocable/auditable tracking records will provide data traceability for training test data and models, thereby improving the credibility of the data and models. High-quality data can train models with reliable interpretation, whereas garbage data is harmful to the training of models. In each step of the process of constructing the model and running the model, the model is marked with timestamp, the force port is added to the block chain database, and the digital signature is conducted. When the model has a problem, traceback through the blockchain brings very clearly know why and where the error occurred. The blockchain also provides a decentralized native asset exchange center. Not only the data resources, but also the model after data training, the mobile application developed on the basis of machine learning model, and the idle running environment, can realize the value flow on the blockchain. Specifically, the training model can be authorized to others to develop intelligent applications, and the developed applications can also be authorized to ordinary users to use. The above characteristics of the blockchain will promote the collaboration of different agents at the resource level to help the artificial intelligence industry to improve production efficiency with a decentralized mode. 017
(Trine Chain schematic for artificial intelligence) 9.Trine Chain payment system The existing digital money payment systems all need to be organized through bank cards or added to the trust gateway of banks, which is an exchange scheme dependent on from centralized digital currency to legal currency, having many uncertain factors and unable to solve the problem of digital money payment once and for all. Only by exploring a completely decentralized payment path can it be possible to solve the payment problem of digital currency eventually. TRC pay is such a solution. TRC Pay has no central nodes in its architecture, whether the transfer of digital currency or the settlement of the currency is coordinated by the user nodes on the network, which is achieved by TRC Pay network nodes through a complex matching model and routing algorithm. In this process, consumers successfully use digital currency to complete instant payment with no affection, even if the amount of payment is very small; The merchant 018
receive the corresponding amount of the legal currency(minus a certain handling fee) in real time, exempt from the trouble of withdrawal threshold. The buyer also cheaply exchanges to the required digital currency, which can be used for subsequent consumption or any objectives. TRC Pay not only solves the problem of digital currency in payment with low cost and high efficiency, but also maximizes the security of users and merchants. In the above transaction process, if there is a node problem in the transaction link, the transaction can be automatically switched to another path to continue; Even if most of the nodes are paralyzed rustling that transaction cannot be carried out, the user's funds will also be automatically withdrawn under the RSMC and HTLC agreements to the main chain account or returned to the legal currency account, and will not be stolen or lost. In addition, the nodes in the transaction channel in the TRC Pay network can only have access to the information of adjacent nodes. Due to the absence of the central node and the multi-level encryption guarantee in the protocol, the transfer and transaction of users in the TRC Pay are completely anonymous, which is the privacy protection central or semi-centralized solution cannot achieve. The payment and exchange network system of TRC Pay, based on the BOLT protocol, is a kind of complex decentralized network focused on the digital money payment, exchange and settlement of the law currency, and is composed of the decision-making network and the executive network. TRC node : Each user or organization participating in LTXN is a TRC Pay node; Consumer: an user who uses digital money for consumption and payment; Merchant: an user who receives digital money payments and provides products and 019
services; Exchanger : an user who exchange legal currencies for digital currencies; Matching engine: pass the complex policy matching as well the digital money payment request and the currency exchange request in routing network; LastHop: the last link to the merchant in the TRC Pay payment channel. We introduced another application scenario, money exchange, which enabled unlimited intelligence to be started in the LastHop through an intelligent and trusted ecology to share value with you and include the legal currency transaction into the entire payment chain. The centralization risk is avoided. These two application scenarios complement each other and complete the business closed loop of the system together. (TRCPay principal architecture schematic) 020
10. Trine Chain value interconnected ecosystem: trusted ecology opens infinite intelligence Through the Internet of Things, Trine Chain value Internet promotes the creation of huge and high value data resources, and the establishment of data value system and network credit system. Then, through the data resources of the Internet of Things, data models are built for artificial intelligence devices. Applications (including but not limited to: intelligent consulting, intelligent analysis, intelligent education, intelligent map identification, intelligent medicine, intelligent conference, intelligent entertainment, intelligent shopping, Intelligent recruitment, holographic intelligent tutor, universal entertainment virtual intelligent assistant, smart home, intelligent travel, intelligent sales system, etc.) are launched afterwards. After using by the customers, the data is fed back to the Internet of Things to form data storage contributed to the artificial intelligence. TRCPay will serve as an intelligent contract for the production relations of the entire Trine Chain value Internet, which is also the realization of productivity as well as the carrier of TRC in the whole value Internet. To put it simply, Trine Chain is a blockchain underlying system for data applications. Through intelligent contracts, the Internet of things data resources are not monopolized and dominated by a few giants, but act directly on and share their value with users. Then through the endogenous incentive mechanism of Trine Chain value network, more resource owners are attracted to participate in, and the data storage and application scenarios are gradually enriched, so as to realize the virtuous cycle of the system and create greater value. 021
(Trine Chain value interconnected ecosystem operational schematic) 10.1.Smart contract Trine Chain provides a wealth of smart contract interfaces that allow users to create various types of smart contract applications flexibly on the blockchain, and then use our TRC as your smart contract building fund. In this way, you can also enjoy the value sharing and value incentive brought by the whole value network of Trine Chain. Because the interface Trine Chain provides is rich enough, the potential is limitless with sufficient imagination. 11.TRC-token system design 11.1.TRC issuance Programme As a co-built ecosystem of multi-role, Trine Chain needs a series of incentive rules to ensure the healthy operation and rapid development of the system, and to return the full 022
value of ecological production to all participants. For this purpose, Trine Chain designs an encrypted token TRC. TRC based on Intelligent contract and HyperlederFabric of Trine Chain blockchain have been completed, with a total number of 270 million, which will never be added. TRC has no elimination mechanism. In order to attract global community users to join the ecological construction, TRC pre-dug 10 million and designed the sub-chain system to allow users who initially joined the system to share the transaction and trust mechanism feedback of the 10 million TRC by promoting circulation to generate computational power. Of course, during the digital assets transaction in global exchanges and application development, according to the participation of global users, dozens of intelligent collocation contracts were used to release 20% of the total amount, 54 million, which was divided into 10 times to be issued by intelligent collocation contracts. When worldwide users reached 100 thousand, the first smart contract was be activated with a release of 10%, 5.4 million for the first time. Afterwards, each intelligent collocation contract is released in case of every increase of 100 thousand, until 54 million is completely released. 11.2.Value systems and incentive programmes Trine Chain aims to create an ecosystem of data value sharing that allows all users involved in networking systems to get value feedback from applications, so the following value systems and incentives are set up in the Trine Chain blockchain underlying system, thus allowing users to share the global value of Trine Chain. The value basis of TRC is based on the costs (handling fees, transaction fees, data 023
application fees) generated in the Trine Chain ecosystem. Set the amount of the payment transaction as Z, the amount of the exchange transaction as Y, and the fee calculation function as S, then: User fees: Sm=Z*2.5% Exchange fees: SE=E*1% Since the total amount of exchange is identical to the total amount of payment in the ecology (that is, the total amount of E is equal to the total amount of S, recorded as T), the formula for calculating the ecological value of Trine Chain is as follows: V=Sm+SE=T*3.5% As a systematic incentive, TRC is distributed according to the contribution of various aspects in ecology. Using the above settings and increasing the excitation calculation function L (meaning the equivalent TRC amount of its calculated results) and the channel flow OI, then: Consumption incentive: Lc=Z*0.1% Application and advertising bills receiver incentive: LA=Z*1.5% Monthly service provider incentive: Lsp=Z*1.0% Channel incentive: LCH=OL*0.2% Exchange incentive: LE=E*0.7% Since the total amount of Z, Y and FL in ecology are equal, recorded as T, the formula for calculating the total amount of ecological incentives of TRC is as follows: L=LC+LA+LSP+LCH+LE=T*3.5% It can be calculated that TRC will use 100% of the ecological value for ecological 024
incentives. TRC operators periodically repurchase TRC from the holders of the money by the handling fees and reinvest into the TRC ecosystem. Note: The above ecological incentive algorithm will be applied to Trine Chain ecological APP, whereas the early private placement and global trading phase do not participate in the ecological incentive algorithm. 12.TRC project planning map (Trine Chain project planning map) 13.Trine Chain organizational framework 13.1.Trine Chain Foundation The Trine Chain blockchain value ecosystem system was initiated by the Trine Chain Foundations which brings together a group of advanced students in computers, data 025
processing, Internet of Things, and blockchain bottom development at MIT, the University of Pennsylvania and the University of London College. The North American Blockchain Alliance provides technical consultants for the bottom of the blockchain, and data support is from the Great Britain online data Network. A team is composed of former artificial intelligence equipment engineers from world-renowned artificial intelligence companies: Google, Microsoft, IBM and so on. It is operated by the famous block chain application operation team in Canada. The organizational structures of Trine Chain are the Trine Chain Executive committee, the top one which is responsible for important decisions and operations, and three subordinated organizations: the Technology R&D Center, which is mainly responsible for technical matters, the Global Club Joint Management Center, which is mainly responsible for global branch matters; and the Operations center, responsible for the global operations of Trine Chain. The headquarters of the Trine Chain Foundations is set up in Toronto, Canada, and the north American branch is located in Los Angeles, the United states of America; the European branch is located in London, England; the Asia branch is located in Tokyo, japan; and the Oceania branch is located in Sydney, Australia. (Trine Chain Foundations organizational structure Chart) 026