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Foreword

On January 3, 2009, the creator of blockchain technology-Mr. Satoshi Nakamoto

released the first version of the open source Bitcoin client; on the same day, the

world's first Bitcoin blockchain was born with the first batch of 50 bits The coin was

created at the same time, which marked the formal establishment of the Bitcoin

network. As the underlying technology of bitcoin, the blockchain is also officially on

the historical stage as the next generation of network technology.

The Bitcoin network has created a brand new era. Mr. Satoshi Nakamoto has built a

de-trusted, decentralized, distributed and autonomous network society with the

concept of going beyond the times. Bitcoin can be called the originator of the

blockchain, or it can be regarded as a milestone in the era of blockchain 1.0-the era

of cryptocurrency. Although he has wisdom and ideas far beyond his era, Mr.

Satoshi Nakamoto's creation technology still has corresponding limitations. For

example, when designing Bitcoin, Mr. Satoshi Nakamoto did not expect that

blockchain will become a cross-era The technology will be so widely commercialized

in the future, so from this point of view, the Bitcoin network can no longer meet the

needs of the times and cannot truly provide support for large-scale commercial

applications, but despite this, Bitcoin Still serves as a benchmark for the core value

positioning of cryptocurrencies.

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At the end of 2013, Vitalik Buterin, the founder of Ethereum, released the first white

paper of Ethereum, which officially opened the prelude to the era of blockchain 2.0.

Different from Bitcoin, whose initial goal was to serve only cryptocurrencies,

Ethereum introduced the concept of smart contracts, which can truly meet the

needs of commercial application release.

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Table of Contents

Abstract.....................................................................................................8

1Industry background........................................................................12

1.1The Rise of Blockchain................................................................................. 12

1.2Track of Blockchain Economic Globalization.......................................... 13

1.3Popular digital asset trading.......................................................................18

2Market Analysis..................................................................................20

2.1Market Environment.....................................................................................20

2.2Future Trends..................................................................................................22

3 Introduction to GLPT .....................................................................24

3.1Platform Brief..................................................................................................24

3.2Business Progress.......................................................................................... 25

4 GLPT System Architecture.............................................................28

4.1 Overall GLPT Architecture...........................................................................28

4.2 GLPT Architecture.........................................................................................29

5 GLPT Technical Support.................................................................32

5.1Data Format ...................................................................................................32

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5.2Payment Technology.................................................................................... 32

5.3Innovative consensus mechanism.............................................................33

5.4Smart Contract Technology........................................................................ 33

5.5Quick Confirmation of Transaction........................................................... 33

5.6Mass Storage and High Concurrency Support.......................................34

5.7Reliable and consistent record storage....................................................34

5.8User privacy and transaction confidentiality...........................................35

5.9Secure Key Management System.............................................................. 35

6 GLPT Core Advantages...................................................................37

6.1Strengthening the security of cross-border payments.........................37

6.2Simplify the payment process and improve efficiency.........................37

6.3Peer-to-Peer Transaction Payments to Prevent Risks...........................38

7 GLPT Design Concept..................................................................... 42

8 GLPT application scenarios........................................................... 45

8.1Digital Currency Payment Application Scenarios...................................45

8.2Digital Currency Remittance Application Scenarios..............................45

8.3Global Consumption Application Scenarios........................................... 45

8.4Global Entertainment Application Scenarios.......................................... 46

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8.5Salary Payment Application Scenarios..................................................... 46

8.6 B2B Business Application Scenarios .......................................................47

8.7Loyalty Program Application Scenarios....................................................47

8.8Asset Management Application Scenarios..............................................47

9 GLPT Market Outlook..................................................................... 49

9.1 Construction of a New Model of Global Payments.............................. 49

9.2Global Assets GLPT Digital Assets..............................................................49

9.3 GLPT Community Culture Promotion .................................................... 50

10 GLPT Token Issuance Plan...........................................................51

10.1 GLPT Token Planning.................................................................................51

10.2 GLPT Ecosystem Construction.................................................................53

10.3 GLPT Foundation Investment.................................................................. 53

11 GLPT governance structure ...................................................... 55

11.1Introduction to the Foundation............................................................... 55

11.2Foundation governance structure...........................................................55

12 GLPT road map............................................................................... 58

13Legal Affairs and Risk Tips........................................................... 60

13.1Legal Framework ....................................................................................... 60

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13.2Risk Warning.................................................................................................60

13.3Disclaimer......................................................................................................66

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AbstractA new wave of technological and industrial revolution is sweeping the globe, and

the digital economy is profoundly changing people's production and lifestyle. As the

forefront of Internet technology, blockchain technology and applications have

attracted widespread attention from governments, finance and other circles around

the world. Trusted digital technologies represented by blockchain are creating more

new application scenarios. The innovation of chain technology has also opened a

new chapter for the global payment system.

Since the development of the blockchain in the early 21st century, the blockchain is

currently considered to be the most promising and imaginative technological

innovation in the world. In the history of human development, it has experienced

three industrial revolutions. The first was marked by the invention of the steam

engine and replaced the manual labor with the machine; the second was marked by

the breakthrough of electricity, the application of the invention, and the invention of

the internal combustion engine, which directly pushed humans into electrification

The era; the third time was marked by the invention and application of electronic

computers, nuclear energy, space technology, and bioengineering, which not only

promoted great changes in human society, but also profoundly affected human life

and thinking. Each industrial revolution brings a huge increase in productivity, and

the production relationship as one of the factors of production has not changed so

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much. It is still a top-down, pyramid-level centralized organization. The more

complex an organization's business and the more layers it has, the more difficult it is

to improve efficiency. Blockchain is a decentralized and detrusted network that can

realize peer-to-peer value exchange, which is called the Internet of Value.

The decentralization concept of the blockchain is gradually subverting the traditional

currency concept, and has a great influence in the world in a short time. Taking

Bitcoin as an example, high transfer fees and extremely slow speeds are a big

drawback. The slow transfer speed is unbearable, and the high transaction fees also

make small transactions uneconomical and impossible. It is foreseeable that with the

rapid development of the digital economy, the frequency and scale of future

transactions will far exceed the current level, and performance bottlenecks are one

of the most important issues to be addressed by distributed ledger technology.

Currently, the combined application of blockchain + finance has become one of the

world's largest landing application scenarios. In the field of financial payment, with

the increase in the popularity of digital currencies and the increase in the application

of coins, the demand for payment is also increasing. Technologies such as Lightning

Network and Lightning Network should be born. However, the design of Lightning

Network and Lightning Network is complex, the technology is difficult to land, the

development cycle is long, and the actual application time and effect in the future

are unknown.

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In this environment, the Global payments ecosystem emerged at the historic

moment, combined with the world's hottest blockchain technology and its strong

offline background, it is determined to change the current global payment

environment. The digitalization of assets has become a future development trend.

Traditional payment methods are incompatible with today's high-speed information

development. Cross-border transfers take several days to confirm. Outbound

tourism must be exchanged for the legal currency of the local country. Transactions

are extremely opaque. Become a problem under the current global integration.

The launch of GLPT allows users to transfer money in a timely manner across the

globe. Through this payment network, cross-border and cross-border transfers can

be made. The platform automatically runs exchange rate conversion. The

transaction confirmation is completed in a few seconds. Convenience, while

reducing costs for consumers and businesses.

Through the GLPT blockchain technology, people can store information on the

blockchain, so that the flow of funds and the authenticity of transactions can be

verified by the entire public; once verified, transaction information cannot be

tampered with, and the information is completely public, and the truth cannot be

Covered up. In this way, the entire society will be more transparent and fair.

Decentralized payment is a combination of cashless, cardless transactions and

digital assets to create an unlimited payment platform.

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GLPT is committed to serving the global payment application scenario for the portal

through the field of blockchain technology innovation, and actively expanding

global business with new business models and value returns.

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1 Industry background

1.1The Rise of Blockchain

The birth of the blockchain marks the beginning of building a truly trustworthy

Internet. By combing the rise and development of the blockchain, it can be found

that the focus of the blockchain is that it can establish reliable trust between peers in

the network, making the value transfer process remove the interference of the

intermediary, which not only discloses information but also protects privacy This

mechanism, which makes joint decisions and protects individual rights and interests,

improves the efficiency of value interactions and reduces costs. In terms of

economics, this new value interaction paradigm created by blockchain is based on

"weak centralization", but this does not mean that the various "centers" in traditional

society have completely disappeared. The "multi-center" system is dominated by

alliance chains, private chains or hybrid chains. The blockchain will further improve

the operation efficiency of the "center" and reduce a considerable part of its costs.

From a technical perspective, we believe that the blockchain is a technical system

that is jointly maintained by multiple parties, stores data in a blockchain structure,

uses cryptography to ensure transmission and access security, and enables

consistent storage of data, which cannot be tampered with or denied. This

technology has brought unlimited imagination to the world. The global interest in

blockchain continues to rise. Major global economies have started to study

blockchain technology and development trends from the national strategic level.

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1.2Track of Blockchain Economic Globalization

The application value of blockchain has received widespread attention worldwide.

Developed countries recognize the huge application prospects of blockchain

technology and start thinking about the development path of blockchain from the

national level. China keeps pace with the world and has also launched related

research and practice.

1.2.1United States

On January 26, 2015, Coinbase, in which the NYSE took a stake, was approved to

establish a Bitcoin exchange, and the Bitcoin regulatory legislation process

represented by New York State in the United States was initially completed. In June

2015, the New York Financial Services Department released the final version of the

BitLicense, a regulatory framework for digital currency companies. It shows a

supportive attitude towards the development of blockchain technology. In June

2016, the U.S. Department of Homeland Security issued subsidies to six companies

committed to the development of government blockchain applications in order to

allow companies to study government data analysis, connected devices, and

blockchain. The Department of Defense is working to develop a decentralized

ledger to guarantee ground force communications and logistics from foreign

intrusion. In addition to the government, the industry has also started to deploy in

blockchain technology. At the end of 2015, major financial institutions increased

their research efforts on blockchain technology. Silicon Valley technology giants

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have launched blockchain projects.

1.2.2The European Union

In February 2016, the European Commission placed cryptocurrencies first in the area

of rapid development goals, a measure that promoted various institutions' policy

research on digital currencies. On April 18-21 of the same year, the European

Digital Currency and Blockchain Technology Forum (EDCAB) hosted an "exposition"

focusing on the blockchain for policymakers in the European Parliament. At the

same time, the European Central Bank stated that the European Central Bank plans

to evaluate the relevance of blockchain and ledger technology to banking,

payments, securities custody, and mortgages.

1.2.3Canada

Recognize Bitcoin's "monetary status." In December 2013, the world's first Bitcoin

ATM machine was put into use in Vancouver, and the bill was amended to regulate

the Bitcoin business. In June 2016, the Bank of Canada demonstrated the CAD-Coin,

an electronic version of the Canadian dollar, developed using blockchain

technology.

1.2.4United Kingdom

The British government released a research report on blockchain in January 2016,

"Blockchain: Distributed Ledger Technology," which for the first time

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comprehensively analyzed the future development and application of blockchain

technology at the national level and gave research recommendations . The white

paper proposes to include blockchain in the UK's national strategy and promote its

application in finance, energy and other fields. In June, the British government

conducted a blockchain pilot to track the distribution and use of welfare funds.

According to the UK Department of Work and Pensions, the government hopes the

plan will provide in-depth information on financial participation and support the

budget.

1.2.5Russia

The Internet Development Institute of Russia has prepared a roadmap called

"Economy and Finance", including proposals to manage the blockchain. In January

2017, a roadmap for the development of "legalized" blockchain technology was

submitted to President Putin, who planned the future legal framework for

technological development. The Moscow City Government implements an "active

citizen" program, hoping to record citizens' votes on laws and government projects

through blockchain technology. In addition, the city government is developing other

uses of blockchain technology and plans to expand the coverage of the service.

1.2.6Germany

The first country in the world to recognize the legal status of Bitcoin. In August 2013,

Germany announced the recognition of the Legal status and has been incorporated

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into the national regulatory system. The German Banking Association

Bankenverband (BdB) believes that blockchain technology may have a significant

impact on financial markets. In 2016, the German Federal Financial Supervisory

Authority (BaFin) explored the potential application value of distributed ledgers,

including its use in cross-border payments, bank transfers, and storage of

transaction data.

1.2.7Japan

The Japanese Financial Services Agency (FSA) submitted a bill in early 2016 on the

changes brought by domestic economic management regulations to the Japanese

national legislature. This definition allows Bitcoin to become an asset, which

introduces exchanges with backwashing (AML) and understanding your customer

(KYC) rules. In May 2016, Japan first approved the digital currency regulatory bill and

defined it as property. Japan established the first blockchain industry organization,

called the Blockchain Cooperation Alliance (BCCC). The organization consists of

more than 30 Japanese companies interested in research and development of

blockchain technology. Japan's Ministry of Economy, Trade, and Industry (METI) has

released new findings on blockchain technology, suggesting that the government

"verify the validity of use cases."

1.2.8Australia

In March 2016, Australia Post began to explore the application of blockchain

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technology in identity recognition. Australia Post plans to use blockchain technology

for election voting. The Victoria and Tasmania government's physical property

director, TimAdamson, said the system would be tamper-resistant, traceable,

anonymous and secure. Blockchain technology is also being used in politics in

Australia, and a new party, Flux, is trying to use blockchain technology to rewrite the

political currency system.

1.2.9China

In February 2016, Zhou Xiaochuan, governor of the central bank, stated that "digital

currencies must be issued by the central bank, and blockchain is an optional

technology." Prior to this, the central bank also held a digital currency seminar, and

the central bank's digital currency bill prototype test was successful. In the fourth

major task and key project of the "Thirteenth Five-Year Plan" National

Informationization Plan issued by the State Council, the plan pointed out that it is

necessary to strengthen strategic frontier technologies such as blockchain and make

advance arrangements. The Ministry of Industry and Information Technology has

collaborated with a number of well-known companies to prepare a white paper on

blockchain technology. The "White Paper" points out the core technical path of the

blockchain and the future standardization of blockchain technology. The ICT

Institute is conducting intensive research to develop technical standards.

From an industry perspective, a number of industry alliances are being established

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to promote the implementation of domestic blockchain technology research and

projects by creating an exchange platform for blockchain technology, policies, and

applications. In December 2015, the Blockchain Research Alliance and Blockchain

Application Research Center were established; in January 2016, the Global Shared

Finance 100 Forum announced the establishment of the "China Blockchain Research

Alliance" in Beijing; in February, the Zhongguancun Blockchain The industry alliance

was established; in April, the China Distributed Ledger Foundation Agreement

Alliance (ChinaLedger) was announced. From a business perspective, starting in

2015, many blockchain technology-related startups have emerged in China.

According to incomplete statistics from BlockchainAngeles, a total of 1175

blockchain startups have been established in the world, mainly in the United States,

Europe and China, and a few other countries.

1.3Popular digital asset tradingSince the beginning of 2017, various types of tokens have continued to rise. Taking

the representative of Binance, a pure blockchain asset trading platform, as an

example, registered users have reached the scale of 4 million, and the single-day

transaction volume has reached 10 billion U.S. dollars (refer to Coinmarketcap.com's

2018 Data as of January 4th). Even with a unilateral transaction fee of 0.1%, the

average daily income can reach US $ 20 million. And the market is expanding

rapidly.

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According to the statistics of Coinmarketcap, the current total market value of global

blockchain assets has exceeded 700 billion U.S. dollars, and the single-day

transaction size has exceeded 60 billion U.S. dollars. The proportion of Bitcoin

transactions has dropped from 90% to 33%. Compared with the single-day

transaction size of the global foreign exchange market of more than 500 billion U.S.

dollars, the blockchain asset market still has a lot of room for development. In

addition, according to incomplete statistics, the owner of global blockchain assets is

about 20 million. Compared with more than 1 billion stock users, the number of

users of blockchain assets will also have huge development space.

Judging from the development trends of the past six months, the overall blockchain

asset market, whether in terms of total market value, single-day transaction size, or

user base, is currently in a fast-growing channel. Its typical feature is that the

population is Net inflows, capital inflows.

Of course, with the rapid development of blockchain assets, the attitudes of different

countries are also very different. Japan is the first country in the world to issue a

license to a blockchain asset exchange. Currently, 16 exchanges have obtained

licenses. Other countries and regions such as Singapore, Dubai, Israel, Switzerland

and other places are also relatively open to blockchain assets. On the whole,

blockchain assets, from controversy to gradually entering the lives of ordinary

people, this mega trend has been difficult to stop.

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2 Market Analysis

2.1Market EnvironmentIn terms of payment: Throughout the history of the evolution of human money,

from the exchange of goods and materials to shells, metals, and banknotes, and the

development of market trade, electronic money began to appear with bank cards.

With the advent of the Internet and the development of e-commerce, payment

methods such as PayPal, Alipay, and WeChat have emerged.

The key to the development of mobile payment is the strong cooperation of

traditional banks. As an "Internet + finance" product, electronic payment is also one

of the most well-known "Internet +" products. Its success cannot be separated from

the Internet industry and the financial industry. support. During the development of

mobile payment, traditional financial institutions have mainly performed the

following two important tasks: one is to create bank accounts for mass users at low

cost, and the other is to provide settlement services for mass online transfers.

Without these low-level foundational work, mobile payments will not be sustainable.

Internet products actually play more of the role of a front-end traffic entrance, and

the back-end and flow-related work is actually done by banks.

Whether it is to quickly create accounts for users or settle large amounts of funds for

transfer, neither of these two tasks can directly create benefits for banks, but their

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costs are quite high. Taking the creation of a bank account as an example, the

related work requires a large number of card issuing material costs, counter labor

costs, outlet construction costs, ATM equipment costs ...

Throughout the history of mobile payment development, it is not difficult to find that

the technological level of Internet companies has not always been the biggest

bottleneck faced by the development of mobile payments, but financial companies.

Many countries with relatively advanced Internet technologies have failed to

develop mobile payments because the local financial industry is not well

coordinated, either because the infrastructure is not complete, or they are reluctant

to cooperate with Internet companies. There is no way to form a close cooperation

between the Internet industry and the financial industry like China. This is an

important reason why mobile payment can only be popularized on a large scale in

China and difficult to promote in other countries.

In the past few years, many entrepreneurial outlets that people have experienced,

such as e-commerce, live broadcast, takeaway, bike sharing, and knowledge

payment, are inseparable from the support of mobile payment. Imagine that without

these efficient payment methods, people can only stay at the stage of POS machine

credit card or even offline cash payment, then the above-mentioned prosperous

economic ecology will be difficult to develop anyway.

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With the progress of the times, the lifestyle has gradually changed. The influencing

factors include mobile phones, including the Internet, including e-commerce, and

even our payment methods. The unlimited business opportunities behind the

change use E-mail to make online payments; make a phone call to report a credit

card number to book a flight ticket; use a mobile phone to pay water and electricity

charges online ... In addition, with the advancement of "blockchain technology",

asset digitization It will become an important topic in the future in the world. In the

market environment where cryptocurrencies are in full swing, in the current offline

trading scenarios, cryptocurrencies have not been widely used. As the uses and

concepts of cryptocurrencies become more and more popular, cryptocurrencies will

also be integrated into our daily lives and consumption. The advantages of security,

low payment costs, easy use, and maximum protection of the interests of payers are

bound to bring encrypted digital currency financial payments into our daily

consumer life.

2.2Future TrendsThe emergence of blockchain technology can help those who want to develop

mobile electronic payments, but are trapped in the local financial industry, to bypass

the two obstacles faced by "Internet + Finance". First, in terms of account creation,

creating an account based on a digital wallet will greatly reduce the difficulty of

creating it. Second, unlike a centralized bank transfer network, which can open and

close payment interfaces at will, a decentralized blockchain network is open unless

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there is manual review Exist, otherwise any user can freely transfer value on the

blockchain network. At the same time, the blockchain is also non-tamperable and

has natural credibility and credibility for the recorded information of the account.

This time, the two thresholds for the development of mobile payment have been

skipped.

In this way, the mismatch of the traditional financial industry no longer constitutes an

obstacle to development, and mobile payments based on blockchain technology

can be carried out in any region of the world.

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3 Introduction to GLPT

3.1Platform BriefThe Global payments ecosystem, referred to as GLPT, is the world ’s first and the

world ’s top technology research and development. It is a digital payment solution

that covers all areas of personal finance, real-time seamless exchange and

transaction payment. Mode and implementation are applied to an integrated

blockchain ecological payment system. On the basis of peer-to-peer network

technology, a new form of global payment is constructed based on blockchain and

smart contract technology.

GLPT, as a decentralized blockchain platform, is based on its own public chain

system developed based on blockchain technology. GLPT uses the blockchain as a

trusted foundation and combines sandbox isolation and network isolation

mechanisms to allow digital assets to be confirmed, limited in number (scarce),

tradable and consumable. Let everyone have digital assets and realize future wealth.

In order to build the Internet into a smart economy ecosystem.

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GLPT will build a mobile APP payment multi-function wallet application system

developed based on blockchain technology in the future, supporting mainstream

virtual currency transactions with zero fee and borderless payment; global e-wallet

scan code payment and multi-function with added value-added attributes Online

payment tools; GLPT can be connected with zero thresholds of entities in all

industries, so that members who use GLPT global payment wallets can get tangible

benefits. It is an excellent ecological closed-loop platform for physical

transformation.

3.2 Business ProgressThe combination of GLPT and blockchain will create four firsts:

The first merchant application payment system that supports virtual digital

currencies;

The first decentralized new transaction model that focuses on customer privacy and

transaction security;

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The first blockchain digital currency that cooperates with existing payment platforms

and is linked to actual products and can be exchanged;

The first payment platform that can realize the exchange of blockchain digital

currency and fiat currency.

GLPT is fully in line with the current global payment development trend. GLPT will

solve the basic coordination problems among payment processors, gateways and

financial institutions by developing a new generation of payment services. The

payment service supports conversion operations between currencies and asset types.

Using WeChat, Alipay, the Internet and e-wallets, everyone can perform tasks such

as payments, remittances, payroll, B2B commerce, supply chain financing, loyalty

programs, asset management, and other Services need financial transactions. In

addition, the network no longer distinguishes between fiat currencies and

decentralized cryptocurrencies: sweeping payments face to face, as more people

accept and use them, the best currency will win.

GLPT will also break the payment silos, complete real-time peer-to-peer value

exchange and payment services, and support cross-border payment systems. This

technology is designed to advance financial inclusion by breaking existing barriers to

organizational structure and will explode the global market in the future. GLPT

sweeps the network through DAPP payment and provides services to everyone. It

plans to build a strong application and high-value underlying application system to

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solve the existing pain points of slow token transfer, high transaction fees, and

difficult payment. The purpose of GLPT is to develop various ecological

constructions through the issuance of digital currencies, and to use its own

advantages and contacts to support the project party, regardless of the model,

long-term strategic layout, technology, etc. development of.

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4 GLPT System Architecture4.1 Overall GLPT ArchitectureThe overall architecture is divided into three layers of core layer, service layer and

application layer. The architecture diagram is as follows:

Core layer: The blockchain part composed of the blockchain nodes and the

message network implements the broadcast of transaction data, which is entered

into the blockchain via miner packaging transactions. Among them, the flexible

payment channel technology is used to open the payment channel in advance to

achieve fast transactions. Provides data storage for IM services.

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Service layer: This layer is based on the business scenario and uses the MVC

architecture to separate the processing of the client and B-segment merchant

services: it provides the corresponding API interface for the wallet client; it provides

an integrated SDK for the B-end merchant applications to facilitate third-party

docking calls. For the IM part, this layer provides the corresponding processing logic,

which carries the interaction between the reading and writing of IM at the

application layer and the data cluster at the core layer.

Application layer: This layer provides end users with application services based on

distributed ledgers, such as currency digital asset wallets, transactions, and

third-party application docking SDK write transactions.

4.2 GLPT Architecture

The description of each level is as follows:

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Client: This layer focuses on mobile, supports iOS / Android system, and connects to

customer service system.

API client: This layer uses the TCP protocol and HTTP protocol according to different

business types to provide

SDK for iOS / Android development. H5 page, providing WebSocket interface.

Access layer: This layer mainly protects massive user connections and attack

protection. It rectifies massive connections into a small number of TCP connections

to communicate with the logic layer.

Logic layer: This layer is responsible for the core logic implementation of the IM

system, such as group chat, single chat, circle of friends, etc.

Storage layer: This layer is responsible for caching or storing IM system related data,

mainly including user status, message data, file data, etc.

The GLPT data storage format uses Protocol Buffer, and the database selects

MoogoDB.

Protocol Buffer is a lightweight and efficient structured data storage format. The

message format is defined in proto, and the protocol buffer is used to compile

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programs to directly generate object files for multi-terminal synchronization. In

addition, the object files can be run between major platforms. Cross-platform issues.

Protocol Buffer is like XML, but it is smaller, faster, and simpler. It has the

characteristics of good performance and high efficiency in parsing speed and

footprint. The Protocol Buffer does not need to be parsed and then mapped, and

directly serializes the data class in the corresponding application.

MoogoDB can load hot data into memory, and under the processing of big data

information, the query efficiency advantage is obvious.

MoogoDB uses BSON to store data and has very good support for JSON format

data. It is convenient for platforms to connect MoogoDB databases. The sharded

cluster load has very good scalability and very good automatic failover.

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5 GLPT Technical SupportGLPT comprehensively uses technologies such as 2-of-2 multi-signature, lock-time

transactions, and postponed broadcast of transaction structures. It can achieve

zero-second-second transfer of blockchain assets without the need for trust. In

terms of privacy, it is comparable to the Lightning Network.

5.1 Data FormatAll data is stored in the form of "recursive length prefix encoding (PLP)". This

encoding format concatenates an array of strings of any length and dimension into

a string.

5.2 Payment TechnologyUse multi-signature technology to establish transaction channels to achieve fast

transactions.

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5.3 Innovative consensus mechanismGLPT Innovative Consensus Mechanism: The new mechanism of TPOS

(SuperProofofStake) + POW + DPOS is adopted. Compared with the traditional POS

/ POW / DPOS mechanism, it has greatly improved the system efficiency, transaction

processing capabilities, and achieved commercial-grade improvements.

5.4 Smart Contract TechnologyMany blockchains are integrating a common scripting language to define all

operations. These designs ultimately define the business logic processor as a virtual

machine, and all transactions are defined as scripts run by this virtual machine. This

solution has a single-threaded performance limit on a real processor, and the

problem is exacerbated by forcing everything to execute through a virtual processor.

A virtual processor is always slower than a real processor even if it is implemented

with JIT, but the calculation speed is not the only problem with this "everything is a

script" solution. When transactions are defined at such a low level, it means that

static checks and encryption algorithm operations will still be included in the

business logic processing link, which will also reduce the overall throughput. A

scripting engine should never ask to perform a cryptographic signature check

request, even if the request is implemented through a native mechanism.

5.5 Quick Confirmation of TransactionGLPT adopts an efficient and adaptive consensus algorithm to ensure that the

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consensus is completed and the transaction is confirmed. It also optimizes other

links in the transaction confirmation process, such as the signature algorithm and

the ledger storage method, to achieve millisecond-level confirmation transactions.

5.6 Mass Storage and High Concurrency SupportGLPT supports local database storage, file system storage, and cloud storage. Local

storage achieves hot and cold separation, database storage uses a database and

table model, and cloud storage supports expansion in accordance with cloud cluster

rules.

5.7 Reliable and consistent record storageGLPT guarantees that service requests cannot be tampered with during the

transmission process through asymmetrically encrypted digital signatures, and uses

a consensus mechanism to ensure the consistent storage of data at each node. For

the stored data records, self-checking within the nodes and quasi-real-time

multi-node data verification are used to ensure that the stored data records cannot

be modified. Self-checking of nodes: The block chain structure is used to store data

records. The modification of some records will destroy the integrity of the block

chain structure, which can be quickly checked out and data recovered from other

nodes. In addition, each accounting node of GLPT has its own private key. Each

block header contains the signature of the node's private key. Modifications to the

data in the block can be verified by the signature. Multi-node quasi-real-time data

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verification: When a node's private key is stolen, it is possible for a malicious user to

modify all data on the ledger chain. The tally of the ledger data of each node.

5.8 User privacy and transaction confidentialityUser information and blockchain address are isolated in GLPT. The associated user

information cannot be obtained from the record storage of each node. User

information storage has multiple layers of protection such as permission control,

access authentication, and encrypted storage. Users with a higher degree of

transaction confidentiality can also choose a transaction irrelevance mechanism.

Each transaction of the same user is mapped to a different address on the

blockchain, thereby ensuring that multiple transactions of a user cannot be obtained

on the transaction ledger. The relevance of the transaction.

5.9 Secure Key Management SystemIn GLPT's key management solution, the function of key safe and user account

delegation is provided to ensure the security of keys. The key safe uses user

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information to encrypt the key and store it on multiple different nodes. The key safe

is not accessed under normal business processes. When the user key is lost, you can

find the key after authenticating the user information. return. All GLPT's entrusted

account operations are recorded on the blockchain independently, and there are

strict frequency restrictions and independent risk control strategies for the operation

of the entrusted account, which can strictly control the operational risk of the

entrusted account.

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6 GLPT Core Advantages6.1 Strengthening the security of cross-border paymentsGLPT is built using blockchain technology. It has the advantages of improving the

security of the payment system and preventing tampering. First, during the

transaction process, the transaction records submitted by consumers can be verified

by the payment system. The system concludes transactions according to the smart

contract of the blockchain and automatically generates payment instructions. At the

same time, the affiliated block center will record the data of each link one by one.

Through the transaction data recorded by the block, the transaction value will be

updated synchronously. Users can therefore obtain the security of funds equivalent

to the purchased items, confirm the entire transaction and payment process under

the blockchain payment model, and make the process truly and transparent. This

virtual digital currency method also effectively prevents hacking problems and

enables secure transactions. Blockchain technology has strengthened the security,

openness and transparency of users in the platform transaction process.

6.2 Simplify the payment process and improve efficiencyFor GLPT, the application of digital currency blockchain technology to achieve

payment greatly simplifies the complex payment process. (For example: different

users use multiple currencies for settlement, platform and user settlement, etc. The

platform wallet supports multiple digital currency withdrawals and recharges into the

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platform wallet, using a centralized + decentralized model for implementation

Improve the security while taking into account the computing power of massive

data).

6.3 Peer-to-Peer Transaction Payments to Prevent RisksGLPT technology implements a direct peer-to-peer interaction, the core of which is

the information interaction of a decentralized agent. GLPT technology confirms the

trust of ownership through digital signatures. In fact, it uses algorithms to solve the

problem of point-to-point trust during the transaction. That is, the integrity and

authenticity of transactions are achieved through encryption algorithms, trust

enforcement is automated through smart contracts, and the trust mechanism in the

value transfer process can be achieved through structural design. At the same time,

credit creation and trust are established in the payment system through

consensus-based mathematical methods. Because any intermediate node cannot

delay transactions or filtering, the objectivity, authenticity, and immutability of the

point-to-point transaction information recorded in the shared ledger are

guaranteed, thereby solving the payment risk caused by third-party payments.

The core advantages of GLPT are summarized as follows:

Pay faster

GLPT transactions are automatic, funds are instantly credited and payments can be

completed in seconds. Through the optimization of key links such as the signature

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algorithm, ledger structure, data operation, serialization, and smart contracts, the

GLPT blockchain can achieve second-level fast transaction verification to meet user

experience.

Lower payment costs

GLPT does not belong to anyone, the payment cost is lower, and the merchants

who receive the money can save a lot of intermediate fees.

Massive data storage

GLPT uses the mechanism of separate storage of hot and cold wallets in the

traditional financial system to realize the secure storage of massive data. Information

such as old transaction data and inactive asset data can be stored using big data

storage platforms.

Foreign exchange is easier

In the international trade between enterprises, individuals in cross-border tourism,

foreign exchange exchanges do not need to pay other fees, which is more

convenient and simple.

High throughput

The essence of the blockchain is a distributed shared accounting technology, and its

distributed characteristics are mainly reflected in distributed consistency rather than

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distributed concurrent processing. In order to ensure the consistency of the data

and prevent the problem of Byzantium generals, certain specific links can only be

executed in series and not in parallel. Through long-term testing and optimization

practices, the processing performance of the GLPT blockchain has been able to

meet the needs of 10,000-level TPS. Introducing mechanisms such as Off-Chain in

the future can further significantly increase the frequency of transactions.

Node data fast synchronization

GLPT supports the Snapshot mechanism, which can periodically mirror the local

ledger to implement a convenient rollback mechanism. Under the unified consensus,

you can specify the mirror label to roll back; at the same time, shorten the cycle of

newly added nodes to operate, only synchronization is required The latest images

and a small collection of recent transactions can be integrated into the network and

participate in consensus verification.

Financial service availability

As long as the Internet exists, more financial services will be born under the payment

application scenario. GLPT is based on a decentralized platform and can serve

individuals or financial institutions more efficiently.

Financial services are more interconnected

By creating a shared currency agreement, GLPT makes transactions between

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independent companies easier, reduces resistance in the financial system, and

enhances the efficiency of the system.

Data information protection

When you do not want to centralize the collection and use of your personal financial

information by the world of existing interests, GLPT can help you protect your legal

privacy. Enable the "Issue Digital Assets" function to complete the registration and

issuance of assets on the GLPT blockchain; assets are registered in the GLPT

blockchain, which is fully digital; digital asset issuance, GLPT provides independent

research and development of "camouflage camouflage clothing" information

security technology services .

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7 GLPT Design ConceptBlockchain technology is considered to be the most disruptive technological

innovation since the invention of the Internet. It relies on basic mathematical

theories such as cryptography and hash functions, game theory, etc. On the Internet

that cannot establish a trust relationship, there is no need to resort to any

third-party center. Intervention can enable participants to reach consensus and

solve the problem of reliable transmission of trust and value at a very low cost.

GLPT adopts the design of the blockchain to comprehensively consider and

integrate the advantages of many projects, and do some pioneering exploration to

lead the industry towards the next generation blockchain payment network system.

Core concept: The design of the blockchain will retain all core features of Bitcoin,

such as the P2P system, decentralization, and asymmetric cryptography to ensure

exclusive ownership of assets, anonymity, borderlessness, and global applications.

The blockchain retains the most valuable part of the Bitcoin system, adhering to its

essence as a trust network and achieving low-cost value transmission.

Application concept: The development of blockchain has entered the era of

application development. Everyone is trying to combine their work with the

blockchain to give full play to the advantages of the blockchain. Then, there are

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many bottlenecks in the current blockchain projects. For example, Bitcoin has

become a core issue that hinders its development. In order to adapt to large-scale

applications, the blockchain follows the development of the times and serves

applications.

Feasibility: The ultimate goal of the blockchain is to create a next-generation

blockchain network, which mainly involves sidechain technology, mixed mining, SPV

verification methods, and smart contracts. These technologies have been

demonstrated by the virtual currency community, such as sidechains. Technology is

considered to be one of the most important Bitcoin upgrade protocols proposed in

2015. Many individuals or teams including Block stream have been working hard to

develop it. I believe that it will be put into practical application soon. Among the

mature technologies put into use, SPV was demonstrated by Satoshi Nakamoto in

the creation paper, and smart contracts can be implemented by Ethereum's Virtual

Machine (EVM) or Bitcoin's built-in script system, so these core technologies are

feasible Sex.

Ease of use: Now the official Bitcoin client is becoming more and more difficult to

use, because the amount of data is constantly expanding, and individual users have

to be forced to abandon the official client. This has weakened Bitcoin's security from

the side because users For convenience, coins have to be placed on centralized

servers such as trading platforms. For Ethereum, it is more difficult to use, and not to

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mention complex smart contracts (need to be sufficiently familiar with high-level

languages such as EVM and Solidity), even simple transactions require the

installation of complex clients. These difficulties are inadvertently pushing users

away.

GLPT will provide a variety of clients, in addition to PC-side wallets, mobile-wallet

APPs, including web-side, etc., and can handle simple wallet mechanisms and wallet

backup and recovery mechanisms. Convenient and easy to use is the primary design

direction of the blockchain.

Compatibility: Bitcoin is currently the most successful and stable digital currency

system. Many of its design concepts have been proven to be feasible. The

blockchain pays special attention to compatibility issues with the Bitcoin network,

such as borrowing from Bitcoin's UTXO model. , And the address construction

process, Satoshi's script system.

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8 GLPT application scenarios8.1 Digital Currency Payment Application ScenariosGLPT will cooperate with a world-renowned third-party payment platform to use

the existing payment channels to realize the global circulation of digital currency

GLPT. After receiving the digital asset GLPT, it can exchange fiat currencies online.

With increasing numbers, GLPT will circulate in multiple channels and scenarios

around the world, creating a complete new blockchain payment ecosystem.

8.2 Digital Currency Remittance Application ScenariosIn the future, the launch of the GLPT mobile wallet can implement smart

contract-based remittance and transfer applications, that is, the two parties to the

transaction will hit the channel, and the smart contract will guarantee and open the

currency exchange channel. It will be online without rest 7 * 24 hours and achieve

second speed The transfer fee is almost zero.

8.3Global Consumption Application ScenariosUsers from all over the world can easily access the SDK provided by GLPT to various

websites or APPs to achieve multi-national payment consumption by users around

the world. The full-platform SDK allows merchants to minimize the time and labor

required to access payments. Users only need to pay for encryption. With digital

currency, you can quickly purchase foreign goods for consumption. The services

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provided by GLPT are real-time and low-cost, and the use of blockchain as a

channel of funds can be real-time and secure.

8.4 Global Entertainment Application ScenariosGlobal entertainment facilities access the GLPT payment ecosystem, and information

and data are connected in a decentralized form for global sharing. In this way,

consumer consumption data will be incorporated into the construction of the global

entertainment ecosystem, using big data in conjunction with the blockchain

Technical analysis of global entertainment facility construction trends to customize

entertainment products, services and marketing activities.

8.5 Salary Payment Application ScenariosGLPT is characterized by decentralization, peer-to-peer, openness and

transparency. Data exchange between nodes is verified by digital signature

technology, without mutual trust. At the same time, the payroll of enterprise

employees is realized by means of traceability and accountability technology.

GLPT deploys smart contracts, the contract procedures are executed automatically,

and the two parties to the contract cannot cheat. Only when contract conditions are

met will the program release or transfer salary funds.

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8.6 B2B Business Application ScenariosIn traditional B2B business payments, they often face risks such as high transfer fees,

long settlement cycles, slow arrival speeds, transfer limit limits, and capital freezes.

These risks often bring unnecessary losses to business users. It is difficult to make

breakthroughs in the traditional financial system, and the frictionless, real-time and

efficient decentralized payment network that GLPT can provide is an effective tool to

solve the pain points of B2B business payment.

8.7 Loyalty Program Application ScenariosAccording to relevant data, the cost of acquiring a new customer is five times the

cost of maintaining an existing customer. Therefore, cultivating customer loyalty is

critical to most businesses, and blockchain technology and blockchain-based

cryptocurrencies provide unique advantages.

GLPT encourages consumer consumption in the form of point rewards. As a

decentralized public ledger, blockchain technology stores and shares reward point

activities and balances in an economical and affordable way. Unlocking this

information may provide consumers with more ways to understand and use their

points, thereby enhancing brand loyalty.

8.8 Asset Management Application ScenariosOne of the cores of finance is risk pricing. The nature of risk is uncertainty. The more

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effective information obtained, the more accurate the pricing of risk. Starting from

this level, finance is an industry that eats data, and strong characteristic data is often

related to sensitive data such as the flow of funds and health of enterprises and

individuals. Therefore, in the asset management industry, there are a large number

of industry information sharing mechanisms, including blacklists in the financial

industry, long lending / insurance risks, case information, and vehicle information.

GLPT uses blockchain technology to establish a data sharing and trading platform.

Institutions do not need to hand over user data to third-party agencies (there is a

risk of leakage), and users can get back their data autonomy.

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9 GLPT Market Outlook

9.1 Construction of a NewModel of Global PaymentsGLPT will use the blockchain technology to create a world-class, digital exchange

service that can be bought and sold globally without exchange. It covers digital

payment services in the fields of production enterprises, international trade, the

Internet of Things, medical fields, financing and investment, and stock exchanges.

Efficient and convenient cross-industry and cross-border payment mechanisms

have greatly reduced payment costs and significantly improved transaction

efficiency, and have become a payment infrastructure in the digital currency era,

and even completely changed the face of today's world payment systems.

Establish its own unique level standardization system within the GLPT community,

and finally use the GLPT market-oriented operation method to promote the

establishment of an industry-level standardization system (industry rules). With the

increase in the number of GLPT holders and the increase in the application of

landing scenarios, the situation of oversupply will be reached, the currency price will

break through new highs, and strive to achieve better liquidity on the mainstream

exchanges.

9.2 Global Assets GLPT Digital AssetsGLPT will connect global consumers and online and offline merchants, restore the

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value of user behavior, and create a platform with a future trillion-dollar market size.

Promote the digital conversion process of industrial assets, accelerate the liquidity of

industrial assets, and realize the capitalization of the industry.

9.3 GLPT Community Culture PromotionIn each region of the world, an industry culture promotion GLPT community is

established, and each community promoter foundation gives the corresponding

GLPT token as a reward.

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10 GLPT Token Issuance Plan10.1 GLPT Token PlanningGlobal payments is referred to as GLPT, and the platform token is "GLPT", which is

an official encrypted digital token issued by GLPT. The first phase will be generated

based on smart contracts on Ethereum, and the second phase will be generated

based on its own public chain and used as the only basic digital currency of the

GLPT public chain for settlement, trading, and smart contract performance.

The digital currency GLPT was created by the GLPT Foundation at one time, and its

total upper limit has been set. It cannot be changed or added. The digital currency

GLPT is allocated to different holders according to certain rules and proportions,

and a certain proportion of GLPT will be used to raise funds to the right people in an

appropriate way for the underlying construction of the blockchain, product module

research and development, application ecological layout, GLPT The overall

operation and maintenance of the public chain.

Digital currency GLPT holders can participate in voting to generate accounting

books, and can also jointly participate in determining major issues such as the

foundation and the GLPT public chain platform.

TOKEN plan: The name of the GLPT token is "GLPT", with a total circulation of 860

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million pieces: the price of the hairstyle is $ 0.10, and all members can check

through the block browser, which is open and transparent; the destruction principle

follows the dollar dollar and the RMB exchange rate mechanism. Destroyed in

accordance with the real-time exchange rate ratio, and the platform fee is

continuously destroyed, and eventually 86 million pieces are in circulation! The

specific allocation plan is as follows:

36% market circulation: 36% of GLPT digital assets are circulated in the market to

maintain a relatively stable currency.

Reward pool 22%: 22% of GLPT digital assets are used for user rewards.

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Technical maintenance 28%: 28% of GLPT digital assets are used for the maintenance

of public chains and the like.

14% of project management: 14% of GLPT digital assets are used for the daily

management of the foundation and the operation and maintenance of the project.

10.2 GLPT Ecosystem ConstructionContinue to develop and optimize the GLPT platform, complete open source code

work, and reward outstanding code contributors in the community; jointly develop

blockchain technology with ETH Ethereum, and develop related payment terminal

equipment, so that enterprises joining the chain can adopt a unified Fully

compatible equipment, making it possible to smoothly transition to the GLPT public

chain system.

10.3 GLPT Foundation InvestmentIn order to build a complete blockchain + global payment digital economy

ecosystem, the British Huijin Securities Finance Group Foundation has invested

heavily in building a global payments ecosystem.

The foundation's operating ideas: the purpose is to create a global blockchain

payment ecosystem, grafting blockchain technology + traditional payment methods

into a complete closed loop.

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Foundation governance ideas: The foundation will set up global advisory

committees, regulatory committees and investment committees to ensure that the

operation and governance of the GLPT foundation is in a broad sense consistent

with the preferences of global ethical investment capital, and at the operational level,

in accordance with the corresponding jurisdictional regulations and industry

governance The original work, thus establishing a good risk control system,

establishing authority and credibility in global investment institutions.

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11 GLPT governance structure11.1 Introduction to the FoundationThe Huijin securities finance group foundation (hereinafter referred to as the

"Foundation") is committed to the development and construction of GLPT and the

advocacy and promotion of governance transparency, to promote the safe and

harmonious development of an open source ecological society. The Foundation will

help manage the general and privileged issues of open source community projects

by developing a good governance structure. The design goals of the foundation's

governance structure mainly consider the sustainability of open source community

projects, the effectiveness of management, and the safety of raised funds. The

foundation consists of an ecological center, a technology development center, a

marketing center, and a daily management center.

11.2 Foundation governance structure

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Among them, the division of labor among the institutions is as follows:

(1) The GLPT decision-making committee is responsible for the management and

decision of major matters, including appointing or dismissing executive directors

and heads of various centers, and making important decisions. The members of the

decision-making committee have a term of three years and can be re-elected. The

committee has a chairman, which is decided by the members of the committee. The

members of the first decision-making committee will be elected by the GLPT

founding team and investors.

(2) Ecological Center, which is responsible for exploring the possibility of combining

GLPT with the industry to achieve commercial landing. Ecology Center members

communicate the development and future of ecology in the community with

community members.

(3) Technology center, which is responsible for the underlying technology

development, testing, going online, and auditing. Members of the Technology

Center communicate the progress of the project with stakeholders and community

contributors in the community, and hold technical exchange meetings from time to

time.

(4) Marketing Center, responsible for the promotion and publicity of technology,

products, communities, and open source items.

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Daily management center, including finance, legal affairs, personnel, administration

and other management. Finance is responsible for the use and review of project

funds; legal affairs are responsible for the review and formulation of various

documents to prevent possible various legal risks; administrative and personnel

responsible personnel, salary and other personnel work and daily administrative

work.

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12 GLPT road mapWith the maturity and popularity of blockchain and smart contracts, the overall

development process of the GLPT platform will be a process that combines

short-term construction with long-term development. We will gradually improve

the following strategic steps:

September2019

Project begining

October 2019 Proof of concept completed

November2019

White paper version 1.0, identifying strategic partners

December2019

Project promotion

2020Q1 Complete technical solution version 1.0

Determine the basic parameters on the GLPT blockchain

and the issuance of tokens

2020Q2Started the full-node development of the GLPT blockchain and completed

the application information expansion of algorithms and transactions

Started the development of the circulation platform for application

consumer coins based on GLPT tokens

2020Q3 Solve a series of problems such as high exchange rates and low efficiency

for the global financial circulation field

Provide blockchain payment solutions for major industries worldwide

2020Q4 Complete the integrationof theGLPT full node and thedocker operating environment, run

on the official network, and complete the release of the project code open source and

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relatedparameter specifications

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13 Legal Affairs and Risk Tips

13.1 Legal FrameworkThe foundation is established in the UK to develop an independent legal entity that

promotes the operation of the GLPT platform. The Foundation will conduct GLPT

communication in one way in accordance with all local laws and regulations. Due to

legal restrictions, GLPT sales may not be available in some countries. As intangible

commodities with practical uses, they are neither securities nor speculative

investment vehicles.

Proceeds from the transaction are mainly used for scientific and technological

development, marketing, community building, financial auditing, business

cooperation and other related appropriate purposes. Development of GLPT

platform.

The GLPT platform may be subject to inquiries and supervision by competent

authorities around the world. In order to meet and comply with local laws and

regulations, GLPT may not provide normal services in some regions.

13.2 Risk WarningInvesting in blockchain digital assets is a high-risk, high-yield investment. Every

buyer of a GLPT token needs to consider relevant risk factors before investing. When

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these risk factors appear, they will seriously affect the value of the GLPT token and

have a significant negative impact on it.

13.2.1 Blockchain System Risk

Systemic risk: refers to the possible changes in returns due to common global

factors.

This approach has an impact on the returns of all securities. E.g:

(1) Policy risk—At present, the regulatory policies of some countries on the financing

of blockchain projects and token sales methods are not clear. There is a possibility

that participants may lose due to policy reasons. In market risks, if digital assets The

overall market value is overvalued, then the investment risk will increase, and

participants may expect the growth of token sales projects to be too high, but these

high expectations may not be achieved. At the same time, systemic risks also include

a series of force majeure factors, including but not limited to natural disasters,

large-scale failures of computer networks worldwide, political turmoil, and so on.

(2) Uncertainty: Digital asset transactions, including GLPT, have extremely high

uncertainties. Due to the lack of strong supervision in the field of digital asset

transactions, electronic tokens are subject to risks such as skyrocketing, plunging,

and manipulation by market makers. If participants lack experience after entering

the market, it may be difficult to resist asset shocks and psychological pressure

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caused by market instability. Although academic experts, official media, etc. have

given suggestions for cautious participation from time to time, there is no written

regulatory method and provisions, so at present such risks are difficult to effectively

avoid.

(3) Risk of regulatory release: It is undeniable that in the foreseeable future, there will

be regulatory regulations to restrict and regulate the field of blockchain and

electronic tokens. If the regulatory body regulates this field, the tokens purchased

during the token sale period may be affected, including but not limited to

fluctuations or restrictions in terms of price and ease of sale.

(4) Inter-team risks: There are many teams and projects in the current blockchain

technology field, and the competition is fierce. There is strong market competition

and project operation pressure. Whether the GLPT project can break through in

many excellent projects has been widely recognized, which is not only linked to its

own team capabilities, vision planning, etc., but also affected by many competitors

and even oligarchs in the market. There may be the possibility of facing vicious

competition.

(5) Risks within the team: GLPT brings together a team of talents with both vitality

and strength, which has attracted senior practitioners in the blockchain field, experts

in the payment field, and technical developers with rich experience. As the

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pioneering role of blockchain in the UK in the field of payment token sales, the

stability and cohesion within the team is vital to the overall development of GLPT. In

the future development, it is not excluded that the core staff may leave and the

conflict within the team may cause the GLPT as a whole to be negatively affected.

(6) Project coordination and marketing risks: The GLPT founding team will spare no

effort to achieve the development goals set out in the white paper and extend the

project's growth space. As this white paper may be adjusted as the project details

are updated, if the updated details of the project are not obtained by the token sales

participants in a timely manner, or the public is not aware of the latest progress of

the project, the participants or the public will be confronted by the information

asymmetry. Inadequate project cognition has affected the subsequent development

of the project.

(7) Project technical risks: First, this project is based on cryptographic algorithms. The

rapid development of cryptography will inevitably bring potential risks of being

cracked.

13.2.2 Blockchain Software Risk

(1) Blockchain transfer delay risk: At present, most blockchain networks in the market

will have a certain transfer delay. This is due to the need to confirm this mechanism

for blockchain transfers. All blockchain investors are Should fully understand and

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understand the corresponding situation. Blockchain transfer delays may cause

investors to fail to trade at appropriate prices and cause certain losses. This potential

risk requires investors to fully understand.

(2) Blockchain congestion risk: Most blockchains are prone to cyclic congestion, and

transactions are prone to long delays or even loss during the congestion period. The

occurrence of these risk factors will have an impact on investors.

(3) Blockchain software loopholes: There may be technical loopholes in the

blockchain token contract, the basic blockchain, and the application software

platform. This is also because the blockchain technology is in the early stages of

development and some new technologies have not been fully tested by the market.

Some loopholes may pose the risk of investors losing all their tokens.

13.2.3 User Use Security Risk

Risk of losing private key: GLPT tokens are stored in the user's private wallet, and a

key is required for access. If the user accidentally loses or leaks the wallet key, it may

result in the inaccessibility of the wallet or the loss of the wallet token. This risk is

irreversible and the issuer of the token will not be able to take it.

13.2.4 Risks of related third-party platforms

Some platforms or trading platforms that store GLPT tokens are at risk of shutting

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down. This situation may cause users to lose the tokens stored on the corresponding

platforms. GLPT token issuers will not be able to bear the corresponding losses.

Second, the blockchain, distributed ledger, decentralization, and tamper-resistant

technologies support core business development. The GLPT team cannot fully

guarantee the implementation of the technology. Third, during the project update

and adjustment process, loopholes may be found. Patches are used to make up for

this, but the extent of the impact of the vulnerability cannot be guaranteed.

13.2.5 Hacking and Criminal Risk

In terms of security, the amount of a single supporter is small, but the total number

is large, which also guarantees the security of the project

Raised high demands. Electronic tokens have the characteristics of anonymity and

difficulty of traceability. They are easy to be used by criminals, or attacked by

hackers, or may involve criminal acts such as illegal asset transfers.

13.2.6 Other unknown risks

With the continuous development of blockchain technology and the overall situation

of the industry, GLPT may face some unexpected risks. Participants are requested to

fully understand the background of the team, understand the overall framework and

thinking of the project, reasonably adjust their vision, and rationally participate in

token investment before making participation decisions.

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13.3Disclaimer(1) This document is for informational purposes only. The content of this document

is for reference only and does not constitute any investment advice, solicitation, or

invitation to sell shares or securities in GLPT and its related companies. Such

invitations must be made in the form of confidential memos and must comply with

relevant securities laws and other laws.

(2) The contents of this document shall not be interpreted as forcing participation in

the token sale. Any behavior related to this white paper shall not be considered as

participating in the token sale, including requesting a copy of this white paper or

sharing this white paper with others.

(3) Participation in the token sale means that the participant has reached the age

standard and has complete civil capacity, and the contract signed with GLPT is true

and valid. All participants signed the contract voluntarily and had a clear and

necessary understanding of GLPT before signing the contract.

(4) The GLPT team will continue to make reasonable attempts to ensure that the

information in this white paper is true and accurate. During the development

process, the platform may be updated, including but not limited to platform

mechanism, token mechanism and token distribution. Part of the content of the

document may be adjusted accordingly in the new version of the white paper as the

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project progresses. The team will publish the updated content to the public by

publishing an announcement or new version of the white paper on the website.

Participants are requested to obtain the latest version of the white paper in a timely

manner and adjust their decisions in a timely manner based on the updated content.

GLPT expressly assumes no responsibility for the loss caused by participants relying

on the contents of this document, the inaccuracy of the information in this

document, and any actions caused by this document.

(5) The team will spare no effort to achieve the goals mentioned in the document.

However, based on the existence of force majeure, the team cannot make a

complete commitment.

(6) As the official token of the GLPT chain, GLPT is an important tool for the

effectiveness of the platform, not an investment product. Owning a GLPT does not

mean giving its owner ownership, control, and decision-making power over the

GLPT platform. As a crypto token used in GLPT, GLPT does not fall into the following

categories:

① any kind of currency;

② securities;

③ equity of legal entities;

④ Stocks, bonds, notes, warrants, certificates or other instruments granting any

rights.

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(7) The value added of GLPT depends on the market laws and the needs after the

application is implemented. It may not have any value. The team does not make any

commitment on its value addition and is not responsible for the consequences

caused by the value increase or decrease.

(8) to the maximum extent permitted by applicable laws, damages and risks arising

from participation in crowdfunding, including but not limited to direct or indirect

personal damage, loss of commercial profits, loss of business information, or any

other economic loss, The team is not responsible.

(9) The GLPT platform complies with any regulatory regulations and industry

self-discipline declarations that are conducive to the healthy development of the

token sales industry. Participation means that such inspections are fully accepted

and followed. At the same time, all information disclosed by participants to

complete such inspections must be complete and accurate.

(10) The GLPT platform clearly communicates possible risks to the participants. Once

the participants participate in the token sale crowdfunding, they represent that they

have confirmed their understanding and acceptance of the terms and conditions in

the detailed rules, accept the potential risks of the platform, and bear the

consequences themselves. .

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(11) Citizens of countries that prohibit the sale of tokens are not allowed to

participate.