Introduction. Biocrypt

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2 Introduction BioCrypt Technologies, Inc. is developing its own cryptocurrency and blockchain. The BioCrypt Token will be known as BIO and is designed to function as a payment system providing solutions for the blockchain fintech industry. BioCrypt s method of handling payments is unique to any other digital currency. BioCrypt takes full advantage of NFC and RFID technology in order to build a unique decentralized system that integrates the ability to transfer multiple currencies from one to the other. BIO will utilize an implantable micro-rfid chip approved by the FDA that can be worn around the wrist or implanted into the user s hand. The BioCrypt wallet will allow synchronization of fiat bank accounts as well as BIO, BTC, and other cryptocurrencies. BioCrypt intends to expand functionality by partnering with other cryptocurrencies in the future. Our wallet will offer security better than a cold storage wallet as everything will be stored on your chip and require 2FA (2 Factor Authentication) via fingerprint scanner in order to transfer funds The possibilities with BIO are endless. BioCrypt intends to expand our technology into multiple sectors including vouchers, identity verification, security, and keyless controlled access. Several companies within aforementioned sectors have already reached out to us with an interest in integration.. The birth and early stages of BioCrypt have been emphatically upheld by the establishing individuals, the improvement group, industry specialists, early sponsors, legal counselors, and expert specialists. We want to thank everybody who has made unprecedented commitments to the advancement of BioCrypt Technologies, Inc. and our future projects!

3 Blockchain Background As the world becomes more and more interconnected, an increasing number of organizations are striving to offer their products and services on the internet. Funding, training, social insurance, and business and recreation suppliers are all moving towards digitalization in order to better serve their client-base and expand worldwide. TCP/IP conventionally has been used to transmit all-inclusive data prior to the development of blockchain technology. The improvement of interconnected innovations (e.g., Internet, Internet of Things, and Virtual Reality/Augmented Reality) has further increased the capabilities and features of blockchain tech. The result is a society where many of your commonly used items are becoming digitized and tokenized. Nevertheless, data sharing and transmission capabilities as they exist currently aren t sufficient to meet the advancing needs of the financial community. A third party has always been the solution to exchanging resources and distributing incentives over the web. The creation of the blockchain allows for decentralized record keeping and transmission of information. Information stored on the blockchain is immutable; the records cannot be changed without first altering all previous blocks on the majority of nodes located within that specific network. We have outlined within the BioCrypt white paper the execution of a VTP (VLAN [Virtual Local Area Network] Trunking Protocol) over the Internet. Ultimately BioCrypt Technologies, Inc. intends to provide novel solutions and innovation within the cryptocurrency industry and continue to build upon blockchain technology.

4 VISION OF THE BIOCRYPT TEAM The BioCrypt Technologies, Inc. team is dedicated to building a completely proficient globally accepted blockchain. BioCrypt will be partnering with other developed blockchains, outside administrators, designers, and advisors to achieve our objectives. BioCrypt will provide utility to the masses thru many different means via ( BIO ) through integration of blockchain tech with RFID and NFC. BioCrypt Technologies, Inc. is a biotech company that develops and distributes technology utilizing an implantable or wearable chip which allows you to make payments using NFC (Near Field Communication) technology. A sleek bracelet will be developed utilizing fingerprint 2FA for those opting not to have their chips implanted. Your BIO wallet user interface will be accessible via mobile and web apps. Your BIO chip will allow you to authorize payments simply by waving your hand over an RFID scanner. The BIO wallet will initially facilitate transfer of BIO tokens, BTC, LTC, and ETH with plans to implement more cryptocurrencies in the future. Partnerships will be formed with other token developers to increase functionality of the crypto economy. The BIO wallet will incorporate other existing NFC payment gateways including mobile payments allowing you to sync with and make transfers thru fiat bank accounts. The expanded utility of your BIO chip to incorporate both fiat and cryptocurrency payment systems will eliminate the need to carry bank cards. Our website BioCrypt.Tech will be kept up to date regarding all developments related to the BIO project. BIO CRYpt We intend to form partnerships with suitable like-minded blockchain companies as we move forward. We are working closely with a semiconductor company to utilize RFID (Radio Frequency Identification) for communications previously limited to cryptography and NFC (Near Field Communications). The utility of BIO will expand beyond payments into authorization within every imaginable sector. BioCrypt Inc. and the BIO utility token will eventually eliminate the necessity for bank cards, passwords, physical keys, etc. Your BIO chip is all you will need to prove your identity!

5 Advantages of a decentralized Platform Intro to decentralized currency: There is a huge market demand for innovative cash payment frameworks, most of which utilize cell phones, the internet, and computerized cards. These payment frameworks are constantly pushing development in order to enhance functionality and convenience. Almost all existing payment frameworks depend on fiat money, but there is a new generation of computerized cash being utilized due to it s quicker, decentralized, and more flexible payment methods. The first and most well known of these cryptocurrencies is Bitcoin (BTC). It is a digital form of currency that is decentralized from any entity and provides secure transfer of value from one digital wallet to another through use of cryptography and an invention called the blockchain. Obscurity: The fundamental motivation behind a decentralized cash is a direct result of its intrinsic security. Blockchain technology enables individuals to conduct public transactions without revealing any sensitive information about themselves. Bitcoin transactions are very easy to trace but very difficult to link to their originator. Such mechanisms eliminate the possibility of personal interests being uncovered by analysis of a balance sheet records. Decentralized currency provides similar levels of privacy as a cash transaction. Payments made via BIO chip will be facilitated on a decentralized blockchain, providing transparency of transactions while maintaining anonymity of the user.

6 Impact: The value of decentralized currency is not easily manipulated by the opinions of experts in the traditional financial industry. Decentralized means the money is controlled by the community and there is no governing body backing it. Cryptocurrency is both a revolutionary and a return to true form of currency: the value is determined by those who use it. Secure: Cryptocoins have their own innovative strategies to validate their data and transmit it securely. They utilize PGP encryption to ensure any data sent is incomprehensible and only decipherable by the intended receiver. This system eliminates the reliance on trust in banks or third parties, eliminating the possibility of your data being stored on a compromised server and reducing transaction fees. Your BIO chip combined with 2FA fingerprint verification will provide better security for your assets than any bank vault Participate with no borders: Decentralized currency provides the ability to transfer funds across the globe without converting from one currency to another. The BIO wallet also allow conversion between different cryptocurrencies supported on it s platform. Converting currencies automatically via blockchain technology drastically reduces associated transaction fees. Instant Remittance: Cryptocurrency transactions are completed when the network has come to the consensus that the transaction was valid. The average time required to reach this consensus ranges from seconds to minutes depending on the network; it is magnitudes faster than the time required for a fiat wire transfer. The ability for entities to transfer settlements from one to another in a more timely manner is one of the most attractive and groundbreaking features of cryptocurrencies.

7 Opportunity and Flexibility: Blockchains create decentralized networks by offering incentives to everyone who participates in the processing workload. Work is spread out amongst all nodes in the network, therefore no one entity has control over the system. This integration of the community into the system allows for superior security and adaptability as everyone can monitor transactions and contribute to the project.

8 The BioCrypt Architecture Overview/Objectives BioCrypt Technologies, Inc. will begin with a decentralized payment structure offering enhanced user security. It will then develop additional utilities such as keyless personal security, voucher payment systems, identity verification, and secure data storage. BIO tokens will utilize a chip developed and approved for implants that leverages NFC and RFID technology along with 2FA bio authentication in order to safely and securely transmit data. NFC Technology will allow the user to initiate transactions by placing the BIO chip near a scanner and then approve the transactions using a fingerprint scanner or other acceptable 2FA. BIO will eliminate the need to print and carry tickets and vouchers. Instead of issuing vouchers or plane tickets, providers can send a digital signature to the customer s BIO chip that will allow access to their service. Smart vouchers can offer optional services within the venue such as discounted meals at a festival or theme park attractions and provide partial refunds for unused services. Digitized vouchers will provide more flexibility and convenience to both the issuers and users. BIO will incorporate such strict authentication methods that it will be able to function as a valid form of ID. Possession of the correct BIO chip implanted within your body or paired with a fingerprint scan will provide superior proof that you are the person you claim to be compared to standard picture ID. Enforcing possession of BIO chip ID when distributing important packages or medications may provide users with enhanced peace of mind. Safety and security can be enhanced in many sectors through utilization of encrypted data transmitted via RFID. Security clearances badges can be linked to BIO chips; eliminating the risk of counterfeit clearance documents. Smart weapons are an emerging technology that would utilize BIO chips to validate that the intended user is wielding the weapon and unlock the safety. User s medical records can be stored safely on their BIO chip and enable convenient access without compromising privacy. BIO can also function as a more secure method of authentication when logging into computers. The applications for a BIO authenticated RFID chip in security and safety are endless. Controlled access security features will be implemented using BIO chip authentication. Motor vehicles requiring the presence of a key fob can be authenticated using the BIO chip instead. Locks on doors can be fitted with RFID scanners to allow keyless entry into homes and other secure spaces without compromising security. A method of remotely authorizing entry will be provided in the event a user needs to grant access to their vehicle or home while they aren t present. BioCrypt Technologies, Inc. envisions a reality where the nobody ever loses their keys. BioCrypt Technologies, Inc. will strive to expand the functionality of our products and infrastructure. All investment received through our token offering will be utilized to develop our ideas and revolutionize authentication systems.

9 FOUNDATION OF BIOCRYPT Companies select a payment gateway based on their personal needs. There are many existing fiat money based installment and payment gateways available in the market today. These gateways all have associated expenses and inefficiencies that leave room for improvement. BioCrypt Tech Inc. aims to remedy many of the issues that plague traditional fiat payment gateways. Some of these issues include: L L L L L L L L Security vulnerabilities when dealing with international payments Vulnerability of client data High exchange rates when converting from one currency to another Involvement of third parties in transactions resulting in high fees and security risks Long processing times Upper and lower limitations on transaction amounts High initial expenses to establish an account with payment gateway Recurring charges to keep an account open with payment gateway BIO token provides a solution to all of these issues. Users will enjoy cutting edge security features and blazing fast transaction times at a fraction of the expense with no minimum entry level!

10 How does BIO Work? G BIO tokens will combine the security and utility of blockchain systems with the convenience of RFID communication in order to provide revolutionary advancements in identity validation. BIO transactions are handled through a self-executing smart contract programmed to verify authorization by sender and identity of receiver. The contracts are processed cooperatively via everyone on the network resulting in a lightning fast and completely decentralized system. PGP encryption is utilized to ensure security of data transmissions. Blockchain technology keeps a public record of every transaction within the network allowing full transparency while maintaining privacy. There is no risk of reversals or receiving fraudulent funds as all transactions are validated by the network before being processed. BIO Benefits: The benefits of holding BIO is that it allows you to use the tokens to perform transactions. BIO is also what facilitates the ability to perform different actions with the technology. For each different BioCrypt Technologies, Inc. product that you have, you will be required to have a minimum amount of BIO in your wallet. Also an incentive to having BIO, is the discounts that are given with the purchase of our products.

11 NFC/RFID Technology NFC (Near Field Communications) is a set of communication protocols that enable two electronic devices to establish contact with each other via radio waves at close physical proximity. One or both of these devices will be mobile such as a BIO chip or a cellular phone. NFC enables communication within 4cm without physical contact. RFID (Radio Frequency Identification) is the method used to uniquely identify items using radio waves. RFID functions at much longer ranges than NFC and does not require direct line of sight; therefore it must be paired with 2FA to avoid compromising security. Passive RFID tags do not require an electronic source as they are powered by the investigating radio waves. BIO will secure data transmitted via BioCrypt devices through method of encryption.

12 BioCrypt Mobile Wallet Mobile wallets are a critical tool for any cryptocurrency. Users need a convenient method to transfer funds and monitor their information. The BioCrypt Wallet will provide a sleek and efficient interface with better security features than any other asset storage system available. The BioCrypt Wallet is designed to quickly facilitate distributed payments whilst securely storing all of your BIO coins and account data. Conversions between supported currencies will be possible using the BioCrypt Wallet. BioCrypt Tech has developed a framework that will allow for unlimited expansion and innovation in the future. Easy to Send & Receive Tokens: BioCrypt Wallet will initially facilitate transfer of BIO, BTC, and LTC with plans to add more currencies as partnerships are formed. BioCrypt Wallet will also enable transfers between currencies in the future; eliminating the inconvenience of trading on an exchange. Security: Your BioCrypt Wallet will have more effective security than any other available storage system without sacrificing convenience. Your mobile app interface will not require an or password every time you login; instead it will require the presence of your BIO chip and verification via fingerprint scanner. Users will enjoy peace of mind knowing their assets are completely in their control.

13 Token Offering Structure Funds raised during the Token Offering will be used solely for the development of the BioCrypt Technologies, Inc. network. The following distribution of BIO coins is preliminary and may be subject to change. Public Offering 65% Team 15% Reserve Fund 15% Marketing & Bounty 5% Token Offering Summary Token Name: Token Symbol: Token Offering Date: Participate at: Total Supply: Tokens Offered: Accepted Currencies: BioCrypt BIO Coming Soon 150,000,000 BIO 97,500,000 BIO Tokens Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC)

14 Token Offering and Distribution: Our token offering and bonus structure are broken into five stages. The earliest participants will receive the largest bonus with each subsequent wave receiving less. Results of BioCrypt Token Offering will be audited upon completion and tokens will be distributed to each wallet based on its participation. Tokens will be sold on a first come first serve basis. Any funds submitted during or after completion of a stage will carry over to purchase tokens at the subsequent stage exchange rate. Real time updates will be provided at BioCrypt.Tech when stages are beginning and nearing completion. Token offering stage structure can be viewed below: DragonChain Incubator project and distribution will be announced through our website and our social media medium. B

15 Offering Allocation: The BioCrypt (BIO) offering will consist of five stages. Earlier stages receive better exchange rates than later stages. Each stage contains a set number of tokens to be distributed before proceeding to the next stage. Tokens will be allocated on a first come first serve basis. The offering will begin on Soon. An audit will be performed after completion of offering and BIO tokens will be distributed within two weeks. Being a DragonChain Incubator project, stages will be announced via our website and social media pages.

16 CONCLUSION BIO is far more than just another token. It s a revolutionary concept ready to disrupt the entire payment and identity verification industry. BioCrypt will initially launch a payment network as a means to bring our vision into reality. BIO will evolve over time from the most secure payment gateway available into an invaluable asset permeating every sector of identity verification. BIO tokens will be necessary to facilitate the operation of BioCrypt technology. BioCrypt Technologies, Inc. will offer all products at discounted rates when purchased with BIO. Future BioCrypt services will offer trial periods in order to stimulate integration. BioCrypt Technologies, Inc. aims to lead the world into a new age of security and convenience.

17 THE TEAM Eric Reed President Founder James Saxton Vice President Co-Founder Jim Weiler Developer Jacob Saxton Developer

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