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1Consumption Data Asset Block Chain Transaction Plat CDC Project White Paper CDC F http//cdcf.io2 Contents Introduction 3 ................................................................................................................1. What is CDC 5 .........................................................................................................1.1 Background 7 ..........................................................................................................1.1.1 Centralized operation plat - Incomplete consumption data 9 ......................1.1.2 No privacy protection Failure in reasonable dynamic uation of value for full consumption data spectrum 9 ................................................................................1.1.3 Insufficient authenticity and accuracy Value and unfair distinction of value and interest 10 ..............................................................................................................1.2 Solutions 10 ............................................................................................................1.2.1 Econmic system 11 .............................................................................................1.2.2 Smart contract dealing market 14 ........................................................................1.2.3 Incentive mechanism 14 ......................................................................................2. Who we are 15 ........................................................................................................3. Infrastructures 16 ......................................................................................................3.1 CDC 16 ....................................................................................................................3.2 Perance optimization 17 ..................................................................................3.3 Solutions to block chain data explosion 18 .............................................................3.4 How to demonstrate CDC will not cache settled data with cryptology 18 .............4. Features 19 ...............................................................................................................5. Incentives 19 .............................................................................................................6. Roadmap 20 ..............................................................................................................7. Laws and regulations 22 ...........................................................................................7.1 Operation body 22 ..................................................................................................7.2 Governance structure and voting 22 .......................................................................8. Rules for exchange 23 ..............................................................................................9. Team members 25 ....................................................................................................10. Risk alert 28 ............................................................................................................11. Contact ination 30 ...........................................................................................CDC Projectwhitepaper3 Introduction The history of human civilization development is the history of economic development. The cores of human activities are production and consumption. In the industrial age, the requirements for material production are met, and in the internet age, material consumption has been greatly promoted and made convenient. The development of currencies and the rapid popularity of the credit card, online payment and other payment modes bring along the core data asset in consumption - Consumption bills, which continue the outbreaking increase and accumulation. However, the current underlying structure of such consumption data assets is disorderly, and the uni personal consumption data assets have not been ed. From clothing, foods, housing and travel to healthcare, amusement, education and tourism, and from basic consumption, upgraded consumption to high-end consumption, each market is of the size of tens of billions dollars in the world, with billions of people accumulating their own bills in various scenarios every day, i.e. personal consumption data assets, to the own consumption spectrum, but such consumption activities have been scattered in the Centralized monopolized data servers of service providers, and the users actually contributing to such bills and contributing to the truest personal data assets are blocked from such servers. The basic of the economic activities of human beings is the recorded consumption, an activity hat will never vanish. No matter in any corner of the earth, the human consumption activity each time shall be recorded and stored with any physical or online medium. If it is possible to extract the assets of StorageAccumulationLinking from consumption data bills produced by billions of people all the time as much as possible, and a real time dynamic online statistic network, we will have a global holographic consumption spectrum of all human beings. To record the human civilization and create the global consumption spectrum, we launch the CDC commerce data connection, a chain block based global Consumption scenariosCDC Projectwhitepaper4consumption data asset transaction plat, to consumers in the world. For each city, street, shop and person, we provide an convenient bill uploading tool, to make such dead bills after completing one time of consumption come alive and become the gold mine of data. The true value of each consumption is not the matching of production and consumption, but the recording of an irreversible historical event occuring on the earth at any moment, an interaction of human civilization acts. We can anticipate that, in the new world with shared use, understanding and interest, CDC shall quickly upload the consumption bills, and complete classification and storage of consumption data with AI automatic identification. The block chain underlying protocol of CDC is intended for our participation in the integrated open source mechanism connecting with the sharing, recording, verification and applicatiopn of all true consumption data, to make all the consumption data simple and reliable through decentralization, and every consumer become a sharer of the smart contract and database, and receive rewards through the sharing incentive mechanism. CDC shall change the production, distribution and transaction modes of consumption data assets in the world with the block chain technologies, and ultimately create consumption and own and transact consumption data through individuals and businesses. We will create a new decentralized consumption data transaction system, more flexible than the existing centralized data system, with lower cost and available to encourage more users to contribute consumption data, to turn the bills from waste to wealth, realize the global sharing of consumption data assets and reduce and finally eliminate data islands. No center is required in creation and production of consumption data. Although most of the plats as the Center operate satisfactorily now, all these are achieved with the high percentage profit shares of the plat, high business communication cost and high marketing costs. The Centers usually provide the content assessment, resource rating and other services involving content quality definition and distribution, and due to the lack of the open and transparent uation standards, they would, based on the own KPI requirements, require the in-content rebates and excessive publishing from the businesses, and the quick profits of the contents for reducing the life cycle of the consumer products and services. Such conventional centralized review and distribution mechanism has made the fairness and equality impossible, and failed to provide the initial benefits of Convenience, high efficiency and low cost brought by internet to human beings. CDCCDC Projectwhitepaper5To solve the pain point in the industry, we designed encrypted digital currency based CDC commerce data connection with block chain and smart contract technologies. The distributed decentralized global consumption data asset ecosystem with CDC as the economic basis can theoretically reduce the cost for obtaining and transacting consumption data assets to the minimum. The subunits are autonomous, and can realize the Nash equilibrium based balance of the entire ecosystem. In such an open, fair and democratic ecosystem available for everyone and without a center, every developer will obtain the maximum benefits for his/her consumption data assets. The network shall allow the developer of the consumption data asset contents to self define the standards for data sharing and payment, and produce the non-collaborative game equilibrium with the weighted algorithms for the tokens obtained for uploading, distributing and sharing bills by each consumer per unit time, the tokens obtained from transmission and sharing, and the tokens consumed by high amount reward providers, to dynamically define the data quality of the consumption data plat, and obtain the optimal matching between consumers and businesses with the high quality consumption data, based on collaborative content filtering and other recommended algorithms. All subunits have the high level autonomy, with the nonlinear causal relationship between themselves. 1. What is CDC CDC will change the conventional modes for creating consumption data , and data obtaining, analysis, distribution, sharing, profit sharing and settlement between users, and enable the transaction of valued consumption data assets favored by users and businesses continuously developed by the subunits. Such consumption data asset distribution system is more flexible, convenient, efficient and low cost than the existing centralized distribution system, and enables more high quality consumption data assets to realize the value. It is an ambitious goal and is being Scan with the mobile phone and capture the current consumption data Time, location, brand, category and amountAlso capture the hyperlink dimensions, including Cross payment plat, cross ordering plat, frequency, total amount, link to related consumption, link and other related users.CDC Projectwhitepaper6realized step by step. According to the concept of CDC, each consumption actually corresponds to the bill of a certain , i.e. tens of billions of bills in the world every day. Individual consumers provide the consumption data marks, but do not receive the advertising benefits for data accumulation, so it is essentially unfair. The more bills and consumption marks you provide, the more reward tokens you should receive and the higher shares of advertising you should obtain. CDC has established CDC Foundation under the CDC Plat as the developer and operator of CDC products, and one of the typical organizations operating for the CDCCoin ecosystem. The Foundation itself will incubate and operate quality consumption data assets, similar to the consumption data operator developing the own consumption data, and establish the first CDC based operator company for demonstration to the future participants in the ecosystem. As other organizations, CDC Foundation has the corresponding rights and responsibilities in the ecosystem. CDC Foundation shall cooperate with Data assetCDC Projectwhitepaper7world leading companies in catering, amusement, travel, culture, sports, healthcare, education,etc., providing them with CDC based point to point operation services for their consumption data assets. Target global partners of CDC CDC partners 1.1 Background Analysis of major consumption data stocks in the world Size of consumption in global catering market USD2400 billion in 2016; CDC Projectwhitepaper8 Size of consumption in global aviation market USD718 billion in 2016; Size of consumption in global shared travel market USD3900 billion in 2016; Size of consumption in global amusement market USD1800 billion in 2016; Size of consumption in global healthcare market excluding medical devices USD1100 billion in 2016; Size of consumption in global education market USD5000 billion in 2016. Whether for catering, tourism, travel, education, healthcare, culture, amusement, etc. in the world, in the process from the businesses to the third party data providers and consumers, all consumption data is distributed through such centralized plats, and such plats shall collect 10-50 from the profits. In the business mode with the Centralized plats, the business shall concern about the product services, pay for the expensive advertising, and even manage spam ranking, self recharging, fabricating data, etc. to exchange for the satisfactory marketing condition, and finally approach the target users. In the offline scenarios, numerous consumption data is concealed in UBER, YELP, APPLEPAY, VISA, MASTERCARD, GOOGLE, FACEBOOK and other central plat islands, however, each consumption will still produce a unique irreplaceable physical consumption bill or an online consumption bill that can be captured on screen, totally synchronous with the consumption behavior and consumption data and completely authentic. If more and more consumption bills are shared and uploaded by users to the Consumption chain plat, the businesses may buy the data analysis services and accurate advertising marketing services permitted by the user and awarded with tokens to the user, via the Consumption chain plat and using tokens. With the continuous increase of users on Terminal C, CDC shall attract participation of users from Terminal B gradually, and finally develop into a consumption data asset transaction plat and advertising networking providing services to everyone, and a decentralized block chain based consumption asset advertising ecosystem. USD2400b USD718b USD3900bUSD1800b USD1100b USD5000bCatering Aviation TravelAmusement Healthcare EducationCDC Projectwhitepaper91.1.1 Centralized operation plat - Incomplete consumption data On a centralized consumption data operation plat, data analysis content purchase is operated by hand, data review by hand, traffic allocation by hand, and financial accounting and settlement also by hand. The developer shall use a lot of time and efforts in the process for uploading the contents to the center. Due to the uncertainty of manual operation after uploading
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