attracoin white paper · attracoin white paper 4 1.3. hash hashes play an important role. the...
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AttraCoin White Paper
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V4.0 / 2019. 03
O-STAR GLOBAL CO., LTD.
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Contents
Ⅰ. AttraCoin Technology
1. Blockchain Overview
1.1. Defined blockchain
1.2. Block
1.3. Hash
1.4. Encrypted Transactions
1.5. Application Programming Interface (API)
1.6. Peer-to-peer (mesh) network
1.7. Public or private
1.8. What can you do with blockchains in addition to cryptocurrencies?
2. Features of the blockchain
3. Attra Coin
3.1. Summary
3.2. Purpose
3.2.1. Goal
3.2.2. Technology and Vision
4. Attra blockchain
4.1. Redundant blockchain
4.2. AttraCoin hash function
4.3. Use in real life
4.3.1. Pay only if you have a smartphone
4.3.2. Simple but complete security
4.3.3. Inheritance of property
5. AttraCoin Specifications
Ⅱ. Attracoin Business Models
1. Beacon app card terminal business
2. ATTRA Entertainment business
3. GAME business
Ⅲ. Attracoin Vision & Plan
1. Roadmap
2. ICO Progress Plan
3. Disclaimer
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Ⅰ. Technology of Attracoin
1. Blockchain Overview
Blockchain, a basic technology that supports bit coins, is one of the buzzwords of
the past year. Actually everyone is talking about the blockchain. An art terminology
for the basic technology of a blockchain, Distributed Ledger provides an exciting
new way to handle business without a central authority. The following is a non-
technical, brief description of the component parts.
1.1. Defined blockchain
A blockchain or distributed ledger is an ever-growing list of encrypted transactions
called "blocks" that are distributed to peer-to-peer computer networks.
1.2. Block
As described above, a blockchain is a series of constant, continuous record chains
known as blocks. A block can contain any type of data, such as the unique digital
identifier of the physical product. Blocks are "connected" together using a hash. A
hash is a function that takes an input value and generates a deterministic output
value of the input value from the input value.
In addition to user data, each block contains an index, a time stamp, a transaction
list, a proof of the previous block, and a hash.
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1.3. Hash
Hashes play an important role. The blockchain can not be changed because the
new block contains the hash of the previous block. If the hacker compromises the
previous block in the blockchain, all subsequent blocks will contain the invalid hash.
1.4. Encrypted Transactions
Encrypted transactions (using existing public / private key encryption) are also key
to the blockchain. Your "public key" is stored in a block and becomes the "address"
of the blockchain. Files such as cryptocurrencies or other digital assets are recorded
as belonging to a specific block. A related "private key" is required to access the
associated digital assets. Keeping your private key private is very important, so
many people do not keep a digital copy of their private key to protect their digital
assets from hackers. They record numbers on paper and keep the paper in a safe
place (such as a wall safe).
1.5. API
The next step in developing a distributed book is to set up an application
programming interface (API) so that organizations that want to trade can do so
using the Internet. A transaction endpoint allows rights-based access to data in a
blockchain.
The API also has a "mining endpoint" feature that gives (1) PoW calculation, (2)
transaction addition, and miner compensation (bitcoin is a bit coin), and creates a
new block and adds it to the blockchain.
1.6. Peer-to-peer (mesh) network
Finally, the Distributed Ledger obtains authorization from being distributed and the
distributed. To achieve this, the Distributed General ledger needs a way to accept
new nodes, implement conflict algorithms to resolve conflicts, and ensure
blockchain accuracy.
This is done through a P2P or mesh network, where each computer (node) is a
distributed computer network that acts as a client (the computer that accesses
information on the server) and a server (the computer that provides information to
the client). P2P networks are self-healing and very reliable because information is
replicated in thousands, sometimes millions of places.
1.7. Public or private
There are two general types of blockchain networks. Anonymous network (each
user has a copy of the entire blockchain to help process and verify the transaction).
There is a permission-based (non-anonymous) network that has the necessary
permissions to own a copy of the blockchain and process and verify transactions.
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1.8. What can you do with blockchains in addition to cryptocurrencies?
Blockchain provides a way to validate transactions without central authority. In other
words, you can create a wise agreement using a distributed ledger. For example, a
landlord can install an IoT door lock on a rental apartment. The door lock checks the
blockchain to see if the rent is paid. Otherwise, the door lock (that is, a smart
contract) will not allow to enter the apartment. In more complex cases, companies
can issue their own bonds and buyers can monitor payments through the
distribution ledger. A much more complex case would be the creation of a self-
enforcing trade agreement. Blockchain usage lists are virtually endless. From title
search to delivery confirmation, Deployed ledger provides a completely new and
secure business method.
2. Features of the blockchain
The future of finance can be dominated by blockchain technology. Tracking global
currencies completed with an efficient infrastructure will not only bring tremendous
cost savings to all market participants, but will also change global banking.
The blockchain will be adopted by the central bank, and password protected calls
will be widely used.
Resolving currency, equity and bond transactions almost immediately done
through licensed distribution ledgers creates a significant opportunity for banks to
increase efficiency and potentially create new asset classes.
Control
New technologies such as blockchains can reduce cyber risk by providing identity
authentication through visible ledgers.
There is no reason why the requirements for numbering, maintaining, and indexing
records, and delivering the information provided in records can not be met by the
electronic ledger system.
Car rental agencies can use smart contracts that automatically accept rental
agreements when payment is received and insurance information is confirmed
through blockchain records.
Refrigerators equipped with sensors and connected to the internet can use
blockchains to manage the automatic interaction with the outside world. From
ordering and paying for food to preparing your own software upgrade and tracking
your warranty.
Small businesses can use blockchains to create a reliable trading platform.
Blockchain can potentially bring robustness and transparency to the post-trade
environment.
The bank can immediately pay the vendor via the internet.
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Crime
New blockchain start-up allows software to track criminals faster and cheaper.
Bank
The blockchain will be adopted by the central bank and password protected calls
will be widely used.
Blockchain can replace the central bank.
There is a real risk to the bank that decides to join the cryptocurrency company.
Blockchain technology can reduce cross-border settlement, securities trading and
regulatory compliance costs.
You can reduce the number of applications inside and outside of the bank because
the Blockchain transaction contains all relevant information for the successful
transfer of assets and / or related contracts.
It is a much more general purpose than bit coin, and there will be many coins
available for banks.
The future of finance in many countries can be dominated by Bitcoin and
cryptocurrencies.
The bank can be the "cryptographic key manager".
Blockchain can save up to tens of billions of dollars annually when making a
payment.
Blockchain technology can be used to completely bypass today's centralized
financial infrastructure.
Industry
Blockchain is likely to create new industry opportunities and confuse existing
technologies and processes.
Blockchain technology makes the world smaller by improving the speed and
efficiency of transaction activity.
Government
The future of finance in many countries can be dominated by Bitcoin and other
cryptocurrencies.
Blockchain technology can be used to distribute social welfare in developing
countries.
The elections are currently time-consuming and costly, and in many countries, we
expect to use Blockchain to make a rational, democratic election.
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3. Attracoin
3.1. Summary
Thousands of encryption currencies have been created globally, and thousands and
tens of thousands of encryption currencies will be created and vanished in the
future.
However, there are no coins that can be used right now in the real world, and the
future of coins without these usages will lead to the cancellation of the listing.
Users have a lot of concerns, such as lost smartphones or lost passwords for
personal wallets storing encrypted currency. In fact, if you forget your password and
can not use or recover your encryption currency, it is one of the most frequent
incidents that you are already experiencing. Attra was designed and built as a coin
with all the security and ease of use of the asset, just like leaving it to the bank.
3.2. Purpose
AttraCoin is available in real life, enabling you to quickly and securely develop
encrypted currency and protect your assets the most.
It protects user's assets safely from personal hacking with password setting, paper
wallet etc. as well as user's biometric information.
Attracoin is the fastest encryption currency available in real life, and it develops various technologies such as merchant, ATM, and online payment and provides people free of charge with the convenience of users and the basis for using their assets in their lives as goods.
3.2.1. Goal
The user chooses which blockchain to use, and it gives compensation accordingly.
In other words, if the main blockchain is stored in its own computer, the user can
receive the network interest so as to train the user who stores the main blockchain
and stabilize the main blockchain.
The encryption algorithm uses SHA256 approved by NASA, which does not have
hash collision, to be customized for Attracoin.
Implement a wallet that is more complete and secure than any encryption wallet in
the world.
Use biometric technology to completely protect your assets and make it easy for
you to inherit assets.
Instead of the existing slow blockchain, the duplicated blockchain technology
achieves transmission speed of less than 1 second.
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3.2.2. Technology and Vision
• The safest Attra wallet is designed to contain a variety of encrypted currencies,
such as Bitcoin, Etherium, and Light Coin, as well as Attra, all to be protected by
Attra wallet.
• Connects biometric technology to Attra Wallet to create the world's most secure
wallet and protect user and user property by encrypting user's information.
• If the user intends to inherit his or her wallet to a specific person, the user should
register the information of the heirer in the user's wallet. If the user's consent is
obtained on a specific date or in a specific situation, implement a technique that
allows a user's assets to be transferred to the heir as the request.
• Through the implementation of this technology, Attracoin has become a standard
of authentic encryption currency and is responsible for improving the technology
of encrypted currency.
3.3. Security technology
3.3.1. Introduction of biometric technology
A financial transaction relay system with multiple security locks that handle user
authentication using biometric technology is the ultimate realization of an electronic
payment system and multiple security lockout certified security systems.
Using biometric technology, it encrypts the user's assets in conjunction with the
Attracoin electronic wallet, such as Android, iPhone, Windows Mobile Phone.
3.3.2. Technical achievement
Fingerprint recognition technology, which is a biometric technology, encrypts and
stores information and authenticates the user with this information shows the peak
of biometrics technology that overcomes the limitation of simple fingerprint
recognition. In addition, the biometric information recognition technology can be
used without any sense of rejection, and thus can be a method for reducing a user's
sense of rejection.
The recognized information is verified through encryption and decryption, and the
user can rest assured that his or her information will not be exposed and leaked.
Using biometrics increases the strength of security and anyone can not forcibly take
over the user's assets.
3.3.3. Future Plans
Attracoin's biometrics technology will be developed one step further by establishing
a payment system such as commerce so that anyone can conveniently authenticate
themselves and make payment in their own electronic wallets without the need for
separate user's electronic equipment.
In other words, our goal is to enable people to exercise their own properties anytime
and anywhere.
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To do this, it is necessary to connect and manage the user 's electronic wallet
address and the user' s biometric information.
In the future, users will be able to recover their wallet with their own biometric
information at any time without having to back up their wallet separately.
3.3.4. Disclosure of technology
Attracoin's technologies are all based on open biometrics and encryption
technologies. We will continue to develop and upgrade for the development of the
encryption currency. We will release it to the world every time there is a successful
result, As well as leading to the encryption of money and the fourth industrial
revolution.
3.3.5. The safest purse
Smartphone wallets are always used by users with anxiety.
In addition, desktop computer wallets are also used with anxiety from various hacks
such as hacking and Ransomware.
If you set a password, you can check it by typing unlimited number of passwords. If
the program finds your password, it will not be long before you find the password for
that wallet and encrypt it. Money can be used as it is.
Attracoin's purse is the world's safest encrypted wallet that can not be opened or
used in any way unless the user of the wallet opens it.
It will be the safest wallet by already scanning biometric information and decrypting
encrypted and encrypted information, authenticating it, encrypting it again or
discarding the information.
3.3.6. Acceptance of persistent encryption currency
Attracoin's wallet contains not only Attra but also a variety of encrypted coin wallets
such as Bitcoin, Etherium, Ripple Coin and Light Coin, allowing users to store
various encrypted currencies in the safest Attra wallet And protects the user's assets
with various backups and redundant triple safety devices.
In other words, just using Attracoin's wallet will allow users to safeguard their
encrypted money assets safely and thoroughly.
Also, since the backed up information is not decrypted without its own biometric
information, it can be relieved even if its own backup information is leaked by
various hacks or the like.
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4. Attra Blockchain
4.1. Redundant blockchain
The Attra blockchain is a redundant blockchain consisting of a main blockchain and
Attra blockchain.
The user can use his / her desired block among the main blockchain and the sub
blockchain, and the user who stores and shares both the main block and the sub
blockchain receives the network incentive.
This is due to some of the transfer fees given to the users as a result of their
contribution to the Attra blockchain, to those who keep and share Attra main
blockchains.
4.2. Attracoin Hash function The Scrypt is a typical encryption algorithm designed and certified by the US NSA
(Hashcash), which uses symmetric encryption, that is, to generate hashes from
input data. Let's assume that the data consists of the name Ada.
If you use a one-way key, this data is hacked to 000CFC Mail CFC Previously, ooo
is technically known as "Nonce." In English, Nonce is a word that is used once in its
meaning.
In the case of Attracoin, the nonce is a string of zeros placed before the input data to
create a unique jumble of data, but this is a very simple example: data, It is typically
hacked using Merkle Tree.
In Merkle Tree, each non-leaf node, like the second tier above, is labeled with the
hash value of the child node (hierarchy 1) in this example, and finally, the tree is the
root- It is also good.
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This root hash combines the nonce and the previous block with the first block in the
chain to form a blockchain.
4.3. Use in real life
4.3.1. Pay only if you have a smartphone
Attracoin will evolve to be able to use the biometric information of the user without
electronic equipment such as a computer if there is a smart phone in the future.
In other words, the user will implement a technology that enables settlement based
on strong security even with a smartphone alone.
To this end, the biometric information of the user and the wallet information are
linked and the biometric information of the user is recognized by the user who
requests the payment.
If the user recognizes his / her own biometric information and the coin amount that
can be paid in his / her wallet is larger than the requested amount of the user who
has requested the settlement, the settlement can be concluded.
4.3.2. Simple but complete security
The Attra is a fully secure wallet that not only protects your assets but also enables
you to make payments quick and fast.
We provide sufficient safety to survive recognition technology to encrypt the user's
life information and keep the key of its encryption.
In addition, since biometric information is recognized and a password duplication
safety device can be installed, it is safer and more convenient than any encryption
money in the world.
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4.3.3. Inheritance of property
• Attracoin implements a cryptographic consensus algorithm that can safely inherit
its assets to the heir he wants, allowing the inheritance of the user's assets to the
inheritor easily, quickly, and securely.
To achieve this, we implement the following algorithm.
• All information can be kept in a place where the user wants with double encryption
algorithm
• The user enters his / her biometric information into the smartphone and opens the
Attra wallet.
• The user can input up to 10 pieces of his / her biometric information in case of an
accident and input only one or a few if desired.
• The user can store the paper wallet in separate storage or on paper.
• The user can enter his / her heir's biometric information and his / her wallet
information into his / her smart phone and store it together with the wallet
information.
• The user can set the conditions for inheritance. (For example, a few years after the
present, or a specified year)
• Allow the user to decide whether to start inheritance if it is the date of inheritance
or when opening the wallet.
• If the user has passed the year of inheritance,
5. Attracoin Specifications
Attracoin currency unit name: ATT
Coin type: PoS (Proof of Stake)
Hash algorithm: Scrypt
Block time: 60 seconds
Total Issued Coins: 2,100,000,000 ATT
ATTRA Coin uses the coin symbol ATT
The coin type was PoS (Proof of Stake) and the hashing algorithm was Scrypt.
The Scrypt algorithm is 30% to 40% more efficient than SHA256 and X11
algorithms.
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When a block is created, it goes through a process called 'Hashing'. There are a
number of hash methods, but basically, a hash is what you think of as encrypting
any information. This is why bit coins and so on are called 'Crypto Currency'.
The block generation cycle was 60 seconds for fast coin transfer and transaction
processing
A total of 2.1 billion coins were issued.
In addition, users who hold more than 300 coins and make a decision to participate
will have a 6% interest was designed to be paid.
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Ⅱ. Attracoin's ongoing business model
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1. Beacon App card terminal
1.1. Beacon overview
A beacon is a wireless communication device that uses a Bluetooth 4.0-based
protocol to transmit signals to nearby devices. In other words, it's the next-
generation smart local area technology that allows you to locate a user within a
range of up to 100 meters and send messages or make mobile payments.
1.2. Beacon billing definition and installation, use agreement
Billing works with beacon-based technology. It is a simple structure that the payment
is made by touching the beacon connected to the existing force by the credit card
converted into the app card in the smartphone. With the simple idea of connecting a
beacon to an existing device, all cards can now be placed inside the smartphone.
Currently, we decided to pay for the app card with a beacon terminal, and about
20,000 monthly installments are being installed at the offline merchants.
1.3. Beacon Terminal Billing Process
Beacon payment is the next generation offline mobile payment solution using
Bluetooth 4.0 (BLE; Bluetooth Lower Energy). The process of payment of the credit
card entered into the mobile by the app card using the existing POS network is
completed in 0.8 seconds from the touch of the beacon to issuance of the receipt.
1.4. Beacon App Card Terminal Features
▶ Self-certified solution passed international standard adoption and security
supervision of the Financial Supervisory Service
▶ We are in the process of installing 200,000 beacons per year for offline
merchants through an agreement with domestic VAN company. I plan to gradually
install one million merchants
▶ Beacon terminal receives payment fee for each payment
▶ Remote settlement is possible even within 100M.
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1.4. Attra Pay System
Overview
We introduce the Digital Asset Exchange and make Attrapay a key currency to build a system to make payment at 1 million merchants nationwide. All registered coins are also exchanged with Attrapay for use at offline merchants, so that merchants can make payments at national merchants.
Attrapay is the key currency of the Digital Asset Exchange. The key currency is used for payment using the existing vans network and P2P payment using the QR code. It is developed based on encryption token and can be used by merchants with beacon payment terminals, customers with Attracoin 300,000 Chinese, customers purchasing department stores, and customers purchasing discount coupons. The main revenue is 0.2% of the exchange fee when exchanging coins, points, vouchers and coupons, and the payment fee when paying for beacon terminals. The Digital Asset Exchange will be used by 1 million Korean franchisees & 500,000 members in China and 3 million members in Korea, and it is the largest P2P exchange business in the country where Attrapay can be exchanged for cash and other coins.
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Attra Pay
It is a virtual currency that is used like money in everyday life.
It can be used as cash at all merchants affiliated with Atrape and customers can use
the merchants and shopping malls at low prices in accordance with the discounted
policy, and the merchant has the ability to reduce the existing card fee.
Attrapay Advantages
At the Attra platform, merchants and general customers can purchase all discounted gift certificates across the country, purchase food products and merchandise through the shopping mall, and exchange paid pays with cash.
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2. GAME Bsiness
3.1. Summary With more than 10 years of game development experience, Game4ten Corporation is committed to providing a bright future for global-oriented companies. All employees are working happily in a free atmosphere and in the near future, it is most important for everyone to live a happy life. We share pleasure with people of all ages, and they will make games that will empathize with and love each other. We specialize in mobile game development, but we also plan to launch our own game service through Google or Apple Market. Game4ten Corporation strives to develop high quality, innovative and successful games and software.
3.2. Products & Services Game4ten Corporation can develop and implement mobile games to serve the mobile application market. Our competitors are other game companies. They have already released some of the games and a variety of new companies are launching new games. Our advantage is that we are more flexible than our competitors. Because we develop from the ground up considering global games, we can provide games with higher global accessibility.
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1. Roadmap
2017
June We had a dream for the future.
- Market research and platform planning.
- Recruiting core team.
- Developer documentation.
- The foundation of the platform.
September Preparation phase
- Attracoin professional team expanded.
- Development of coin emission incentive system.
- Launched the Attra business in December.
- Multifunctional web page creation.
- Test Net, security and hacking tests.
2018 Feb Developed Attracoin wallet (PC and mobile)
March Whitepaper version 1.0 official distribution.
April beta test.
May Whitepaper version 1.0 released.
June White paper version 1.1 released.
July lord of stage mobile game launch.
August Release of the white paper version 2.0.
Alliance with overseas Korean Foundation.
Coin sales contract with k-lend mall in Shanghai, China.
OTCON Holdings and beacon merchant utilization agreement.
September Released ATTRA COIN 2.0 in.
October Contracted coin sales with K-Lend Shopping Mall in Shanghai, China.
November Malaysia related business contract.
Release of the white paper version 3.0.
December ATTRA PAY platform launch.
2019
January Global Exchange additional listing.
February investment business revitalization
March Release of the white paper version 4.0. Global Exchange additional listing.
April Activation of bio industry.
June Activated entertainment business.
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2. ICO Plan
Attracoin distribution plan
30% - Commercialization of OTUKON block chain and payment industry
15% - Advisors and equity investors
30% - Pre ICO, Public ICO Sale
10% - Development team and contributors
5% - promotion
5% - Legal review and operation
5% - reserve funds
We allocate 30% of Attracoin to genetic o2corn blockchaining, and we will advance
the commercialization of Attracoin along with development of settlement field.
In addition, 15% will be allocated to equity investors and development consultants
who have worked in the early development stages for Attracoins.
30% will be sold through Pre ICO and main ICO, and the remaining 25% will be
allocated to development teams and contributors, as well as for promotional and
judicial review and operations and as reserves.
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3. Disclaimer
Please read all legal considerations, risks, and disclaimers before participating in the Attra Coin sales by 12 Global Investment Holdings Limited (the "Company"). This is an overview of legal considerations, risks and disclaimers that must be read in advance. The company does not recommend purchasing tokens for speculative purposes. Do not buy tokens for investment purposes These tokens are not designed for investment purposes and are not considered to be the type of investment you are in. I understand, understand and agree to the fact that I can not assure, represent or warrant that I am able to use my company or receive a token that I can use at my company.
You acknowledge and agree that Investment, Guessing has not purchased Attracoin for some type of purpose. ETROTRAC does not grant shares, corporate governance, dividends, voting rights or similar rights or qualifications of companies and affiliates. Tokens are sold as digital assets, as well as downloadable software, digital music and so on. Exception is required if you need prior experience for encryption coin, blockchain based software and distributed director technology and you have not received specialized advice. Before deciding to participate in a coin sale it is necessary to carefully consider and evaluate all the risks and all other information contained in the terms of use.
Coins can cause unexpected risks. Applicable laws and regulations may limit the usefulness, functionality, accessibility and transferability of coins. Cloud sales may be stolen by a malicious attack from a hacker or a third party. These incidents can cause huge losses to buyers and companies. A company can be materially impacted if it can not effectively manage its operations as businesses evolve and evolve that directly impact the ability to maintain or operate the company's business platform and develop future structures and / or licenses.
Company may experience system failure, unexpected disruption of network or service, hardware or software defects, security breach, or other events that may adversely affect the company's infrastructure network and / or the company's business platform. The company may be dependent in part on future third party locations and data center facilities. Typical global markets and economic conditions can have a negative impact on the company's operating results, operating results and cash flow. Company or coin may be affected by new regulations. The Company may not be able to pay the expected compensation in the future.