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Whitepaper
Version 1.11
April 2018
©PingPaid Co.
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TABLE OF CONTENTS

Abstract 3

Our Philosophy 3

Introduction 4

PingPaid BETATM 5

 Tag-and-Querying™ 6
 More on PingPaid BETATM 7

Token Mechanics & Value 8

Clearing Cycle 9

Initial Coin Offering 10

Roadmap 11

Our Team 12

Security 15

Disclaimer & Risks 16

References 17
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Abstract

PingPaid, formulated to solve the problems that plague the Even with its growth potential, there is a lot more work
to do in this space.
trustless transfer of assets, is a unique payment solution
that will revolutionize the way we transact, by bringing
Our Philosophy
practicality and security to “Trade and Value” transactions.
PingPaid is an easy to use, working platform and protocol
We want you to be able to rent your property, to create
that allows parties to secure and transact payment for goods
customizable and personal contracts and not have to worry
and services using a secured and advanced modular control
about things going wrong or not receiving your service or
program. We put power and ease in your control as
being paid. We have effectively created and executed our
merchant and consumer. You can define terms, agree to
platform and will continue to expand our unique platform
terms, and use PingPaid’s unique technologies to accept the
that allows value to be transacted using cryptocurrency
terms defined. PingPaid takes “Smart Contracts” to the next
assets. There are many applications for PingPaid, and we
level. We have focused on simplicity and effectiveness; this
have working services that display the use for the unique
is the future of asset transactions using blockchain.
combination of blockchain and decentralized escrow.

Blockchain is a revolutionary technology that will find itself

We have implemented various strategies and concepts,
in so many different applications in our lives. Blockchain
including the unique use of QR codes, secure cryptography
technology has already begun to make an unmatched
in our security systems, escrow agreements, and the
impact on the digital age; no technology holds a greater
Ethereum Smart Contract platform. We want to introduce
potential for humanity. PingPaid is capitalizing on this and the power of Blockchain to the entire world and bring to you
positioning ourselves as the premier choice for conducting the best transactional platform and protocol – PingPaid.
various forms of transactions on the blockchain. Value
transfer is the primary application of the Blockchain.

Introduction
What happened when banks lost the money you entrusted
them with during the global economic crisis of 2008? A
tumultuous stock market crash, a breached banking system
& a mortgage meltdown all were conducive to a ruinous
recession. People asked for an unbounded system- no central
control. Many wanted solutions to protect themselves against
any future financial crisis that may occur. The collapse of trust
between banks amid soaring inter-bank lending rates was the
epicenter of the crisis a decade ago and financial market
volatility soared to record highs amid fears for the stability of
the banking system at large. The answer came in 2008,
blockchain technology. The core of Bitcoin and blockchain
technology bestows trust through a decentralized protocol
that eradicates intermediaries. Blockchain is a decentralized
public ledger, the technological base for Bitcoin, Ethereum &
all cryptocurrencies alike.
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Smart Contracts introduced by the Ethereum network is a
way to perform computer operations in a decentralized
manner. Smart Contracts employ an innovative solution to
many real world applications. Smart contracts use
algorithms to connect parties. As an integral element behind
the dynamic use of the PingPaid token, Smart Contracts
joined with backend algorithms create a payment and
procurement protocol and platform for cryptocurrencies.
PingPaid token is an Ethereum based token. According to
Forbes, ‘investment banks alone could save up to $12 billion
per year by adopting blockchain technology and Smart
Contracts, effectively a program code that automatically
performs certain actions when pre-defined conditions
occur.’

PingPaid BETATM
PingPaid utilizes many unique features on its platform to
get you up and running. PingPaid Beta ™ allows you to rent
to guests and have guests pay by using cryptocurrency,
remit services, sell real world things like food and items, and
more using the power of the PingPaid protocol.
Bill (owner/host) lists his home on the PingPaid platform as a
rental. Bill specifies availability, and he can change these
dates anytime. When listing his rental, Bill can specify which
cryptocurrencies he will accept for booking. Bill will specify
whether he will require release of escrow funds upon first
Tag-and-Query (which would be upon guest’s arrival), or if
he will agree to have the funds released after the guest’s
stay has completed, based off of what other items or
amenities the guest has added to their stay using PingPaid
protocol and platform. This complex process happens
seamlessly using the PingPaid platform and protocol.
Using PingPaid, Bill can offer optional services to compliment
the guests stay, purchased with cryptocurrency. This allows
for seamless exchange of assets, and integrated
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verticals for flexibly transacting real assets. PingPaid will
have countless applications, and we plan to offer an
Application Programming Interface (API) for open source
and private development on our platform. We want Smart
Contracts and secure payments to go hand in hand. The core
function of PingPaid allows you to create digital and live
invoices scanned with our unique QR code reader. Once
scanned, the client confirms their secured cryptocurrency
credentials for the releasing of assets. Some other
parameters are involved in this process.
The PingPaid protocol allows the processing of secured
transactions; both the merchant and client must hold
PingPaid tokens on the platform. This provides value for the
PingPaid token holders as it Is a vital module needed to use
the platform. As a merchant or client, you can create secure,
instant live invoices that require specific conditions for an
asset’s release. We have created PingPaid SettleUp ™ to be
decentralized and trustless, using Smart Contracts to
validate conditions of the agreement.

Tag-and-Querying™
PingPaid functions on its core technology, the Tag-and-
Querying™ mechanism. We believe the blockchain
revolution does not have to be complicated, and asset
transfer is the best application for the Blockchain. Using our
mobile and desktop systems, the Tag-and-Querying™
allows merchants, property owners (hosts), consumers and
clients to have instant and secured asset transfers.
We want to put the power of decentralized trust in your
hands. After creating quotes, clients and hosts can scan a
unique QR code that only you as a merchant would be able
to provide on your end. In the case of hosting, you will reveal
this QR code once the guest arrives at the property. This
unique technology connects the host/merchant with the
guest/client.
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Itemize everything, from restaurant menu selections to
vehicle sales, with pre-created Smart Contracts tailored to
specific use-cases.
Create unique conditions to release funds by enabling
escrow, and using unique QR Tag and Querying technology
provided by PingPaid.
Track, create, and manage itemized receipts for processing
using PingPaid, tailoring them to specific users or a
generalized consumer base.
Application Program Interface (API) is in development to
allow third parties to use PingPaid to create unique and
powerful smart contracts to revolutionize value exchange
on the Blockchain.
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More on PingPaid BETATM

Advanced remittance services and domain specific use creation
using the PingPaid protocol. Automatically purpose PingPaid
resources to meet your needs. The PingPaid protocol will allow
you to open up the PingPaid platform to any and everything.

Begin Now
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Token Mechanics & Value

PingPaid is a platform, powered by its token of the same
name. The PingPaid token (an ER20 Ethereum-based token)
will be used to pay the fees on the PingPaid platform.
PingPaid will allow asset transfer and security in various
different cryptocurrency assets. The roadmap will elaborate
how PingPaid will progress as a platform and show plans of
the platform and protocol. There are 75 million PingPaid
tokens. 60 million tokens are available in an ICO to invest in
and grow the platform. The ICO begins on July 1 2018.
The PingPaid Clearing Cycle ensures that the PPD ecosystem
propels the PingPaid token usage, through the platform and
protocol. The PingPaid Clearing Cycle incentivizes the
PingPaid token in the token economics, and provides the
mechanism to utilize other cryptocurrencies without limiting
the use of other assets. This encourages global
cryptocurrency usage in the mainstream. The PingPaid token
powers the platform, protocol, discount and loyalty
programs.

Token Economics

PingPaid token holders pay NO FEES to use the PingPaid

platform and must use the PingPaid token on the
PingPaid platform in order to get this Benefit.

PingPaid Clearing Cycle
The PingPaid clearing cycle is a mechanism used in the
PingPaid token economics. The PingPaid clearing cycle is
what happens when a consumer uses the PingPaid platform
or protocol to complete a transaction. If the consumer uses
PPD tokens to complete the transaction, the clearing cycle is
completed. If a non-PPD token is used, the algorithm
automatically demands and deduces a fee of the
cryptocurrency used to complete the transaction from the
client’s account. The system automatically allocates a
certain percentage of the collected fees towards providing
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discounts to accounts holding PPD (merchant or client). The
discounts continue progressively as the system collects more
and more fees. The discount levels increase respectively. The
discounts are applied in all PingPaid PPD account holders
after a certain threshold of collected amounts have been
reached. We have many plans for the discount program. This
can translate to being redeemable assets in the PingPaid
token ecosystem. Theoretically, this allows PPD holders to
enjoy massive benefits in the PingPaid ecosystem. Both
merchants and clients are eligible to participate on the virtue
of having a PingPaid account and being PingPaid token
holders.
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Initial Coin Offering

We want to extend an opportunity to invest in the future TOKEN ALLOCATION

of this platform and protocol, which we see tremendous
growth opportunities for. PingPaid is offering 60 million Development Company Marketing
tokens out of its hard cap total coin supply of 75 million
Team Legal
tokens in a public ICO. The PingPaid token is an ERC20
token standard based on the Ethereum platform. The 9%
USD$ value of the PingPaid token is $0.40-0.45 at offering,
putting the market capitalization of PingPaid in
its current stage at a maximum $33,750,000. The initial 10%
33%
coin offering will allow the platform and protocol to grow
and expand to reach our ultimate product development
goals, and as an investor in this project, you will hold a
unique stake because of the importance of the PingPaid
token in the platform economics. Any unsold tokens will
be placed in company reserves. You can navigate to the
roadmap section of this paper to see the extraordinary
growth verticals and targets PingPaid will hit in the
23%
future. Bringing revolutionary blockchain asset transfer
to the mainstream and providing an invaluable service in
this space. To participate in the initial coin offering and to
find out more specific details, please visit 25%
http://www.pingpaid.com/
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Roadmap

Q1 2018 Q2 2018 Q3 2018

 o PingPaid ICO launch

Groundwork development for o PingPaid token generation
PingPaid Mobile event o Launch of V1 PingPaid mobile
 o PingPaid international market
Community survey events and o ICO announcements and
ICO formation whitelisting development launch
 o Whitepaper and website
Establishment of company o Public registration
structure and jurisdiction o Marketing and branding international expansion
 o Application Programming
Launch of Ropsten Testnet campaigns. Interface development v1

Q4 2018 Q1 2019 Q2 2019

o PingPaid token public market
launch
o V3 platform launch
o PingPaid user interface
manual
o Talent expansion and
acquisitions
o PingPaid Protocol integration o Company review report
rollout o New roadmap
o Launch of Clearing Cycle
Program
o Talent expansion and
acquisitions
o PingPaid Suites launch,
specific user applications

Our Team
Anthony Tyne
Chief Executive Officer/Founder
Experienced businessperson
serving in executive and
management roles. A devout
crypto-enthusiast. Involved with
the opening and management of a
variety of companies. A visionary
startup veteran with a vast array
of experience in marketing, time-
management, branding,
partnerships and acquisitions, with
an intimate knowledge of payment
systems and systemized processes.
Travis Meadows
Developer Lead
An experienced full-stack
developer with intimate
knowledge in software and
development paradigms.
Experience with front and back
end systems with key focus on
user experience and system
security, with a unique approach
to tokenization and
compartmentalizing in designing
financial systems. Experience in
C, PHP, Java, JavaScript, CSS, and
mobile/Linux/windows
development environments.
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Oreshea Rolle
Lead Designer/Developer
A visionary and experienced
designer and developer with a
strong focus on graphic design and
user experience. Specializing in
interface, systems, language and
aesthetics. Integrating new and
exciting technology with visually
appealing designs. Extensive
experience in branding, re-
branding, startup optimization,
marketing and recruitment
campaigns, and system
cohesiveness. Leading UX designs
and contributions.

Emilio Cavanzo
Lead Engineer/International
Communications
Academically acclaimed, multi-
lingual engineer with years of
engineering experience in creating
user-friendly and practical
systems. A vast and
comprehensive focus on
combining resources both physical
and digital to create innovate
products. More than 5 years with
senior level engineering projects
and procurements.
Michael Seepaul
Senior Engineer/Developer
Senior Engineer with a strong focus
on back end systems. Over 10+
years working with hardware and
software with a primary focus on
system integrations and
operability. A self-starter with
years of resource management and
contracting with governments and
commercial entities.
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Michael Steinberg
VP of Finance
Veteran business owner and
mathematician with years of
analytical experience in various
industries. Experience in finance
and business development with
extensive engagement in heavily
customer oriented business
environments. Providing a
strong focus in overall financial
structures, customer
engagement, acquisitions and
supply chain management.

Phylese Hanna
VP of Accounting/Compliance
Big Four Accountant. Financial
Statement auditing & reviews
across industries such as retail,
banking, services and aviation;
bookkeeping & accounting; tax
accounting & reporting; and,
related regulatory filings &
communications. Broad tax
accounting, filing US tax returns,
and preparing tax advice, with
consulting and advisory
assistance, particularly focused
on regulatory compliance.
David Hansen
Senior Analyst/Advisor
Commercial developer and
retail expert with a vast array
of experience launching and
running a variety of enterprises
across the continental United
States. A key expert in
partnerships and acquisitions in
a variety of brick and mortar
industries; vast experience in
product development to be
revolutionized by the
blockchain.
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Martin Olivo
Advisor
Commercial markets veteran,
operating and supporting the
contracting, real estate,
pharmaceutical, and luxury
markets. Bringing years of real
market aggregated information
and insight, with a primary focus
on integration in digital markets
with respect to blockchain
functions. A prized industry brain
with a huge engagement to an
array of companies and entities.
Logistics and information
technology expert.
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Security and Platform

PingPaid utilizes the Leading technology and security

practices to ensure that every aspect of every PingPaid
product is adequately fortified. We implement SSL
technology for transmitting information, advanced
encryption and serialization of stored and transmitted
information, as well as cold storage practices for highly
sensitive operations. We take security very seriously and
have taken great commitment to bulletproof every
aspect and function of every PingPaid application.

We have a dedicated plan of commitment to continue to implement

leading security practices; this includes a routine review and audit,
and stress test of the algorithms that we use to operate PingPaid. We
stay at the forefront of security developments and have a stern
commitment to being proactive in this field. We compartmentalize of
every feature and aspect that PingPaid offers.
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Disclaimer & Risks

The information in this whitepaper does not constitute an
offer to sell, hold, nor is it a solicitation of an offer to buy
any cryptocurrency. Content contained on this
whitepaper is intended to and does not constitute legal
advice or investment advice. Do conduct your own
research and refer to your financial and legal
consultant/advisor before making any investment
decisions. To the maximum extent permitted by law,
PingPaid Co. disclaims any liability in the event any
information, opinion, or analysis proves to be inaccurate,
incomplete or untrustworthy, or results in any
investment or other losses.
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References

Aitken, R. “Smart Contracts On The Blockchain: Can Businesses

Reap The Benefits?” Forbes, Forbes Magazine, 21 Nov. 2017,
www.forbes.com/sites/rogeraitken/2017/11/21/smart-contracts-
on-the-blockchain-can-businesses-reap-the-benefits/amp/.