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TRANSCRIPT
-Content-
1. Outline 1-1 Market Issues
1-2 Solution Plan
2. Alphacon Mainnet 2-1 Definition & Mission
2-2 Competitors
2-3 Differentiation
2-3-1 Enhanced Consensus Algorithm PoS 3.0
2-3-2 Fast Transaction Speed, Economic & Safe Block Verification
2-3-3 UTXO
2-3-4 Asset Functions
2-3-4-1 Asset Issuing & Transactions
2-3-4-2 Asset Issuing Conditions
2-3-5 Patent Application for Autonomous Real Usage Payment System
2-3-5-1 Outline
2-3-5-2 Title & Function of Each Division
2-4 Profit Model
2-4-1 Transaction Fees
2-4-2 Alpha-Chain Project ICO Execution
2-4-3 Service Revenue Fees by Project
2-4-4 Big Data Revenue Dividend
2-5 Alphacon Token (ERC20)
2-5-1 ALP ICO
2-5-2 ALP Distribution
2-5-3 Listing Status
2-6 Alphacon Coin (PoS 3.0)
2-6-1 WindowsOS & MacOS QT Wallet
2-6-2 Mobile Wallet
2-6-3 Staking & Block Rewards
2-6-4 Listing Status
2-7 Swap
2-7-1 Schedule & Process
2-8 Alphacon Consortium
2-9 C-Level
2-10 Roadmap
3. Alpha-Chain 3-1 Outline
3-2 1st Project: My23Healthcare
3-2-1 Outline
3-2-2 Market Status
3-2-3 Major Business Areas & Core Values
3-2-3-1 Providing Services from a Preventive Medicine Perspective
3-2-3-2 Providing Healthcare Big Data Connected Services
3-2-3-3 Providing Individual Personalized Healthcare Services
3-2-4 Major Services
3-2-5 Business Goals
3-2-6 Dapp
3-3 2nd Project: REMOFIT
3-3-1 Outline
3-3-2 Market Status
3-3-3 Major Business Areas & Core Values
3-3-4 Major Services
3-3-4-1 BIG DATA
3-3-4-2 SWING TECH
3-3-4-3 Personalized APP Service
3-3-4-4 Blockchain Technology Coin Incentive
3-3-5 Business Goals
3-3-6 Development Roadmap
3-4 3rd Project: Smart Healthcare City ECO-TOKEN
3-4-1 Outline
3-4-2 Market Status
3-4-3 Major Services
4. Disclaimer
1. Outline
1-1 Market Issues
Blockchain technology has gone beyond the 1st generation, which verified Bitcoin’s potential as a
'Distributed Ledger', and has entered the 2nd generation, with its Smart Contract function, which
automatically fulfills contracts in the ledger.
In the case of the 1st and 2nd generation blockchains, they have been criticized for being slower and less
scalable than the centralized system, as it calls for decentralization and no one makes a decision or assumes
responsibility. Bitcoin, which is representative of 1st generation blockchain, is a structure that is difficult to
upgrade its system because governance itself is an agreement. In addition, mining is essential because it
follows a proof of work (PoW) method, and mining problems also cause the decentralization system to be
re-centralized. As some of the forces providing computing power become stronger, it is feared to turn into a
centralized system. Currently, China accounts for 80% of Bitcoin mining. If more than 51% of mining is
controlled, Bitcoin's transparency can be neutralized. The Ethereum Mainnet, which is 2nd generation
blockchain, has a major problem in that increased data processing capacity results in dramatically decreased
speeds.
1-2 Solution Plan
Alphacon is a 3rd generation Mainnet that remedies the shortcomings of 1st and 2nd generation blockchains
and uses the latest PoS 3.0 Core as a consensus algorithm.
PoS 3.0 increases the probability of receiving block compensation from an investor who is taking more coins
of participating in the node, without giving block compensation to coin holders who are not participating in
the node. The traditional PoS method addresses Coin-Age security issues that have arisen as a result of
increasing the probability of receiving rewards for wallets that have been staked out for longer periods of
time.
In this way, Alphacon will not only provide technical stability, efficiency, and decentralization, but also sub-
tokens based on the Alpha-Chain Mainnet coin, which will enable projects to build an ecosystem, a and
provides a platform that is highly utilized in the real economy through its acceleration services such as
development, marketing and listing on exchanges.
Currently, projects based on the Alphacon Mainnet include ‘my23 Healthcare’ in the healthcare industry and
‘REMOFIT’ in the sports industry with additional projects in F&B, beauty, and pets expected. In the future,
Alphacon will look at various industries in which data is collected and identify projects that can generate
synergy through blockchain technology.
2. Alphacon Mainnet
2-1 Definition & Mission
Alphacon is a data & AI platform linked to blockchain technology. Through activation of the ecosystem of
Alpha-Chain Dapp projects which use blockchain technology and data, and are based on an AI business
model, Alphacon is leading the Alpha Age.
2-2 Competitors
Alphacon’s Mainnet is positioned as an infinitely scalable blockchain platform with differentiated
competitive edge in scalability, compatibility, speed, stability, and economy. While other Mainnets, which
offer the ability to develop unique asset tokens, may be seen as competitors, Alphacon is differentiated in
that the Alphacon Consortium provides expert support such as PR/Marketing, incubating, Big Data linked to
blockchain technology, etc.
2-3 Differentiation
2-3-1 Enhanced Consensus Algorithm PoS 3.0
The essence of the algorithm consensus is data consistency with the separated algorithms through the
working proof method (POW) and the equity verification method (POS).
Completion of the agreement cannot be accomplished unless 100% agreement is reached between nodes.
[Fischer Lynch, Paterson's History] For Bitcoin, which is a signature POW coin, the miners participate in the
transaction verification process through hash provision. The miner calculates the hash value, finds the block,
reports it to the network, and then mining is carried out through block compensation. [Hash(blockHeader)
≤𝑚
𝑑 ]
For constant block generation, the POW consensus algorithm introduces the concept of dynamic difficulty.
This is done when block competition begins with increased hash power of each node, and when hash power
increases, computation difficulty increases and vice versa, if hash power decreases, attempts to maintain a
constant block to block ratio is conducted.
However, the POW method uses more power to create blocks, and there are issues of hash exclusivity and
centralization due to expensive mining equipment (CPU -> GPU -> ASIC, etc.).
The POS method has the advantage of eliminating the waste of power and equipment due to excessive
computing power and not introducing application-specific integrated circuits (ASICs). Alphacon Core uses
POS based on the latest Bitcoin source code for a basic agreement, and block creation must meet the
[ProofHash < coins x age x target] formula.
Common POS arrangements include various security issues due to coin-age attacks and different types of
attacks, thus Alphacon Core has chosen POS 3.0 as the latest CORE and [proofhash < coins ·target] formula.
POS 3.0 does not offer incentives to holders who keep their wallets offline, based on compensating investors
for connecting their wallets online longer, and Alphacon will redesign them into a flexible core design
through modular protocols to enhance their functionality.
2-3-2 Fast Transaction Speed, Economic & Safe Block Verification
The Alphacon ecosystem is built on a next generation hybrid platform open source blockchain network that
provides security by using Bitcoin’s key blockchain technology and incorporates the scalability of Ethereum.
Alphacon Mainnet coins compensate for slow processing speeds, which is the biggest weakness of Bitcoin,
by guaranteeing fast transmission speed through the PoS 3.0 consensus algorithm, making it more
economical and safe for block verification compared to Bitcoin and Ethereum, which require excessive
amounts of electricity to do so.
2-3-3 UTXO
Alphacon utilizes the UTXO payment system of Bitcoin. UTXO stands for Unspent Transaction Outputs, and
refers to an output of a blockchain transaction that has not been spent. Unlike the Account Balance Model
of Ethereum, UTXO checks for the existence of a coin by checking the validity of the transaction through the
‘unused output value’ recorded in the blockchain without an account or balance.
Bitcoin stores the amount received from someone as UTXO. For example, if you received a total of 5 Bitcoins,
2 Bitcoins from A and 3 Bitcoins from B, the wallet will not store a total of 5 Bitcoins. In the UTXO, the 2
Bitcoins and 3 Bitcoins received will be stored separately. When transferring the amount in UTXO again, a
new UTXO is created and the existing UTXO is destroyed. For example, in a UTXO with 5 Bitcoins, sending 2
Bitcoins to another person creates a new UTXO for the 2 Bitcoins sent and another UTXO for the remaining
3 Bitcoins in the remaining balance.
2-3-4 Asset Function
2-3-4-1 Asset Issuing & Transactions
The token name cannot be duplicated, and the first user issuing the token with that name is the owner of
the project. Owners can easily issue new assets, inform current balances, and transfer assets to other users
by determining whether they can issue more of the same token in the future, integrating the token into the
QT wallet, and creating a new RPC call that provides token management.
Alphacon may issue project tokens representing co-operatives, enterprises, or partnerships. For example,
co-operatives are common entities whose employees and participants are the owners. Co-operatives
sometimes suffer in terms of structure and maintenance, although they offer many advantages to
participants. Therefore, tokenizing the interests of co-operatives opens up many new ways in which this
structure can be used for capital and resource allocation.
Rules for each token may vary depending on the token issuer, and recordkeeping will take place on a diffused
Alphacon blockchain, allowing organizations to apply and efficiently use different kinds of participation
structures. Through Alphacon Mainnet coin-based tokens, users will be able to trade more assets in the new
global economy and the associated costs will be lowered. Users will also be able to demonstrate their unique
assets and validity more efficiently using Alphacon.
2-3-4-2 Asset Issuing Conditions
If new assets are to be created in token form to prevent the indiscriminate creation of assets, a certain
amount of Alphacon Mainnet coins must be transferred to a specific address. The name of the asset is unique
and the unit or the total amount of the asset can be determined by the issuer. Issued tokens can be used in
a similar manner to Ethereum’s ERC20 tokens and in the Alphacon Mainnet network are improved to be more
intuitive to use along a Bitcoin-style command system rather than the complex use of existing ERC20s.
In addition, to generate tokens of a certain quantity or more, voting or authentication is mandatory, thereby
preventing the asset from being exhausted like spam. By allowing more secure unique assets, Alphacon’s
Alphacon Mainnet blockchain ecosystem will be greatly expanded and application development will be
possible for various purposes and forms.
2-3-5 Patent Application for Autonomous Real Usage Payment System
2-3-5-1 Outline
This is a patent-pending system in Korea that applies the affiliate’s product and service payment system
equipped with an Autonomous Real Usage setting function to reduce various issues related to the
fluctuations in value of cryptocurrency used in real life.
This payment system is considered a new evolution in cryptocurrency payment by resolving the issue related
to fluctuations in value, which is the biggest obstacle of cryptocurrency payment systems.
2-3-5-2 Title & Function of Each Division
The Autonomous Real Usage Payment System allows affiliates to register with the platform through the
Affiliate Sales Division, and in accordance to the Platform Management Division, each affiliate is guided to
set the actual price associated with the current sales price of the cryptocurrency checked by the
Cryptocurrency Market Price Management Division. Then each affiliate can register a reasonable discount
rate through the platform by taking advantage of the actual usage function, which features a system
designed to provide optimal inducement wh en the customer using the platform purchases the affiliate’s
goods or services through cryptocurrency. In addition, when a customer searches for an affiliate to use their
cryptocurrency at, it maintains the characteristics of an advertising platform that is linked to the total amount
of cryptocurrency held by each affiliate and exposed within the platform.
Affiliate Sales Division: Affiliate Sales and platform entry support
- Sales Team
- Sales Support Team
Affiliate Contracting Division: Contracting and legal support
- Legal Team
Dapp Platform Management Division: Platform actual usage price support
- Dapp Planning Team
- Ad Platform Team
- Design Team
- Development Team
Cryptocurrency Market Price Management Division: Cryptocurrency policy support
- Monitoring Team
- Cryptocurrency Management Planning Team
Account Settlement Division: Finance and tax support
- Account Settlement Team
- Accounting Team
Customer Service Division (CS): Affiliate & Customer Service support
- Affiliate Service Team
- Customer Service Team
2-4 Profit Model
2-4-1 Transaction Fees
When a transaction occurs on the Alphacon Mainnet network, a minimum of a 0.001ALP fee is incurred and
may vary depending on network congestion. This fee is paid to the miner who discovers the block and is
separate from block rewards.
2-4-2 Alpha-Chain Project ICO Execution
The Alpha-Chain refers to a project or entire network that creates a new token asset based on the Alphacon
Mainnet coin. Sub tokens developed using Alphacon Mainnet are safely distributed and proven under
Alphacon Mainnet. During the ICO stage of each project in the Alpha-Chain, participation will only be
possible through Alphacon Mainnet coins. Alphacon Mainnet coins are available through a listed exchange
or IEO in an exchange. In 2019, 5 Alpha-Chain projects are being conducted with a total ICO scale of
approximately 10 billion KRW.
2-4-3 Service Revenue Fees by Project
For sub-token projects based on Alphacon, the Alphacon Network Foundation will be responsible for
development in various areas, including Mainnet maintenance, additional development, stabilization of the
blockchain network, etc. Thus, Alpha-Chain projects enter into a contract with the Alphacon Network
Foundation to pay part of their service sales as a commission to cover the costs of the items listed above.
The commission cost may vary depending on the project’s total token issuance, the number of holders, the
frequency of transactions, and whether smart contact functions are applied.
2-4-4 Big Data Revenue Dividend
Alphacon can provide sufficient resources to process, refine, and store large data if sufficient data is collected
from each sub token project, in which case each project will essentially use the Alphacon Mainnet network.
If Big Data from each project is circulated and profits are generated, the user and Alpha-Chain can participate
in revenue sharing.
2-5 Alphacon Token (ERC20)
2-5-1 ALP ICO
The ERC20-based Alphacon token was issued on June 14, 2018, and has undergone a Private Sale, 3 Pre-
Sales, IEO on an exchange, and lastly an ICO.
Private Sale 30% Bonus
1st Presale 20% Bonus
2nd Presale 15% Bonus
3rd Presale 10% Bonus
4th Resale 10% Bonus
ICO Sales Price: 1 ETH = 200,000 ALP
Average Selling Price: 2.3KRW
2-5-2 ALP Distribution
Of the distributed ALPs, Reserve will be used for various purposes to strengthen the global network in the
future. User Growth Pool will be used for individual healthcare data delivery and for ecosystem participant
activities, while Marketing will be used for various events and promotions to promote healthcare services
and to secure data.
Team, Advisor, Founder, Partner, Alliance, ODM all undergo a 5 year vesting period, and after 1 year
payments are conducted through a Cliff Method annually. (10 to 30% depending on the project roadmap)
<ERC20 ALP Token Distribution>
• Total amount Issued: 25,000,000,000 (100%)
• ICO: 7,500,000,000 (30%)
• Reserve for Global Network: 7,500,000,000 (30%)
• Team & Advisor & Founder: 2,500,000,000 (10%)
• Marketing: 2,500,000,000 (10%)
• Partner & Alliance & ODM, R&D Network: 2,500,000,000 (10%)
• User Growth Pool: 2,500,000,000 (10%)
2-5-3 Listing Status
The ERC20 Alphacon token was listed on major exchanges at globally and domestically, starting with its first
listing on the BitSonic exchange on October 25, 2018. Details of currently listed exchanges are as follows:
2-6 Alphacon Coin (PoS 3.0)
2-6-1 WindowsOS & MacOS QT Wallet
The Alphacon Network Foundation has developed and completed a QT wallet that can store, transmit, and
manage the Alphacon Mainnet coins since the launch of the Alphacon Mainnet on January 30, 2019. A
detailed manual will be distributed separately and the development of a mobile Wallet will also be
completed in the first half of 2019.
Directions for using the Alphacon Mainnet coin QT Wallet are as follows:
<Alphacon QT wallet Guide>
Download the Wallet zip file according to your operating system, decompress, and run the program.
https://github.com/AlphaconNetwork/AlphaconNetwork/releases
WindowsOS: Alphacon-QT.zip
MacOS: Alphacon-Qt_macOS.zip
(1) Wallet Activation
As soon as the Wallet is activated, block synchronization is automatically started. The status of the
synchronization can be checked at the bottom of the Wallet.
(2) Wallet Display Screen
Spendable: current amount of coins available for transfer
Stake Weight: amount of coins being used for staking
Immature Stake: amount of coins to be reflected in the Wallet in block rewards after staking (450 confirms
required)
Unconfirmed: amount of coins waiting for confirmation after transfer (minimum of 1confirm required)
(3) Wallet Password Setting
Click [Settings>Encrypt Wallet] at the top of the Wallet screen to set the password. The set Wallet password
can be changed, but it cannot be restored if the password is forgotten.
(4) Address Creation
Running the Wallet generates an address by default, and you can create as many additional addresses as
you want. From the left-hand menu of the Wallet, click Receive to get the generated address, and you can
create a new address through the New Address button at the bottom.
(5) Coin Transfer
Clicking on the Send menu from the left of the Wallet screen will bring up a screen where you can send a
coin. Enter the recipient’s Wallet address, enter the amount of coins to be transferred, and click the Send
button at the bottom of the screen. If you a Wallet password has been set, a password entry window appears
and you can transfer the coins after entering the password.
The remittance fee can be set at [Settings>Option>Main] at the top of the Wallet screen. Click the Add
Recipient button at the bottom to add an address entry window, which enables multiple transactions at once.
The address text box allows you to delete an additional input window through the button at the bottom right.
(6) Transaction History
The Transaction menu provides all transactions made in your Wallet and allows you to simply search the
desired transaction details through the setting options.
(7) Address Book
The Address Book menu allows you to save frequently used addresses and, through that function, it is
possible to retrieve saved addresses when sending coins. Press the New Address button at the bottom to
add an address, and click the first button on the right side of the address box in the Send menu to see the
registered address list.
(8) PoS Mining (staking)
PoS mining is possible if your Wallet has a coin in it. If you set the password for your Wallet, you must
release the lock for Mining, because it is automatically locked when you run the Wallet. Click on
[Settings>Unlock Wallet] at the top of your Wallet and a confirmation window will appear. If you click OK
button after entering the password, Mining starts, and there is the phrase 'For taking only' at the bottom of
the password confirmation window. If you disable it, all functions of your Wallet will be unlocked. It is
recommended to perform this unlock while it is checked. (mining is possible when the Wallet block synch is
complete)
If you re-run your wallet program after closing it, or if you have used funds from your wallet, the staking
function will be suspended for one hour, and you can enter stake mode again after one hour.
(9) Wallet Backup
You can create a backup file to recover your Wallet in case of an emergency. Create a backup file by clicking
the [File>>Wallet Backup] button at the top of your Wallet. The file name is not important at the stage of
creating the file. We recommend that you keep this file stored in a place other than the computer on which
your Wallet is installed.
(10) Wallet Restoration
If you open your Wallet after losing your existing data, a new Wallet is created. In this case, the backup file
explained above can be moved to the path where the Wallet is installed to restore the Wallet. The path
where the wallet is installed is as follows:
C:\Users\(username)\AppData\Roaming\Alphacon
The AppData folder is a hidden folder and can be found through the Show Hidden Items setting.
After closing the Wallet program, delete the wallet.dat file in the folder, or rename it. After renaming it, move
the backup file into the folder, and rename it wallet.dat. If you run your Wallet again, the restoration process
will be completed.
2-6-2 Mobile Wallet
The Alphacon Network Foundation has completed the development of Android-based Mobile Wallet and the
iOS version is currently under development. It is easy to use and allows for transfers upon the entry of a PIN
code. It also has an address book function for application-specific management. Coin transfer history can
also be easily checked. Plans to develop a function that supports Alpha-Chain sub-tokens based on the
Alphacon Mainnet are also underway.
2-6-3 Staking & Block Rewards
The Alphacon Mainnet uses the latest PoS 3.0 consensus algorithm that applies the benefits of PoW. The ‘S’
in PoS, refers to ‘Stake’, which is a reward received for participating in the creation of blocks and in the
verification of transactions by participating through a computer as a member of the Alphacon node. In order
to participate in the Alphacon Mainnet and receive block compensation, install the QT wallet shared on the
Alphacon Network github. The probability of block compensation is increased by conducting Alphacon
transactions.
For example, imagine you have 1 million Alphacon coins in total steak, and you keep 10,000 coins in your
Wallet and keep your Wallet open, you have 1% coins in your entire network, which means you have a 1%
probability of obtaining block compensation. Therefore, the probability of block compensation is increased
in proportion to the amount of coins involved in the steak. Once the block is acquired, 120 coins will enter
the wallet, which will then be fully recognized as an asset after 450 blocks of verification.
2-6-4 Listing Status
The Alphacon Mainnet coin is currently listed on the ChainB Exchange, with further expansion of exchanges
listing the Alphacon Mainnet coin to be expected in the future.
2019.02.27 ChainB - ETH (https://www.chainb.io)
2-7 Swap
2-7-1 Schedule & Process
The Alphacon Mainnet coin has the same issuance and distribution plan as the ERC20-based Alphacon token,
and will be swapped for all tokens at a 1 to 1 ratio in the near future.
The swap of ERC20-based tokens for Alphacon Mainnet coins will commence in the first half of 2019. The
swap will be conducted on a listed exchange where holders are required to create an ERC20 token Wallet
and an Alphacon Mainnet coin wallet for the swap to proceed. Exchanges that list the Alphacon Mainnet coin
will continue to be expanded upon until the actual swap.
The status of the distributed Alphacon Mainnet coins is shown below. Also, the Alphacon Mainnet block can
be seen at the following Explorer address: https://explorer.alphacon.io
<ALP Mainnet Coin Distribution>
Total amount Issued: 25,000,000,000
ICO: 7,500,000,000
Reserve for Global Network: 7,500,000,000
Team & Advisors & Founders: 2,500,000,000
Marketing: 2,500,000,000
Partner & Alliance & ODM, R&D Network: 2,500,000,000
User Growth Pool: 2,500,000,000
Of the above issued coins, 1 million coins each will be sent to five servers from the Reserve for Global
Network, maintaining the Alphacon Mainnet network while being responsible for the node function of the
Alphacon Mainnet until the swap. Block compensation coins that occur on this node will be handled in
accordance with relevant policies after the swap process.
2-8 Alphacon Consortium
The Alphacon Project Consortium is a consortium of several companies, which are experts in their respective
fields, to develop and operate Alphacon, the healthcare platform of the Alphacon Network Foundation.
2-9 C-Level
2-10 Roadmap
3. Alpha-Chain
3-1 Outline
The various projects within the Alpha-Chain operate on one Alphacon Mainnet, so that the tokens held by
participants in each project follow the same fee system and will be able to easily measure the exchange
value for each token in the development of the Dapp for each project in the future.
Through the launch of the Alphacon Mainnet, the blockchain projects will create various types of assets
based on the Alphacon Mainnet coin, which will allow them to form a more efficient token economy. Such
expansion of the Alpha-Chain will not only serve as a bridgehead for the opening of the 120 year lifespan
of the Alpha Age, which is the mission of Alphacon, but will also be responsible for connecting and
integrating all projects in related categories to create synergy.
All participants in the project, as well as the Alpha-Chain project team, will be able to form a healthier and
more reasonable ecosystem away from the conspiracies and collusion of huge mining forces that have been
unfair to date. During this process, the project teams which own Alphacon Mainnet coins, can also benefit
from the additional benefits of POS 3.0 block compensation by staking a portion of their assets.
Food, exercise, the environment, and other diverse business models, including the healthcare category, will
enrich the Alphacon Mainnet blockchain ecosystem by generating their own tokens in the Alpha-Chain to
advance the project.
3-2 1st Project: My23Healthcare
3-2-1 Outline
The definition of Alphacon’s first Alpha-Chain project, My23healthcare, is a Big Data Revolution in Health
Care. My23healthcare’s Alpha Health Dapp is a leading healthcare platform for the Alpha Age, aiming to
create an ecosystem where everyone can maintain optimal health.
Through this blockchain-based healthcare platform, optimized health solutions will be provided for each
individual, along with the ownership of healthcare Big Data. It will also create an ecosystem where users
can freely exercise their rights in storage, distribution, and utilization.
3-2-2 Market Status
The market related to global healthcare data is estimated to reach $206 billion in 2020, up from $79 billion
in 2015, with an average annual growth rate of 25%. The healthcare data market is developing into a
convergence of ICT technology using Big Data, cloud computing and the Internet of Things. This allowed
access to healthcare data, which was monopolized by existing healthcare institutions, in a more
decentralized and compatible manner.
Due to the increase in social expenses due to the increase in the age and of chronic diseases, the
combination of various solutions and ICT (Information & Communication Technology) technology in digital
healthcare combining Big Data with the Internet of Things (loT) and artificial intelligence (AI)-based
healthcare management, it became possible to create an environment in which users can participate more
actively in healthcare management. The medical paradigm is gradually evolving from treatment-centric to
prevention-centric, personalized medical care is getting more attention.
Despite active investment by companies in various fields, including medical and IT companies, non-
standardization of service data, technical difficulties and lack of an effective business models have prevented
substantial value-added creation, and only less than 1% of medical institutions participate in web-based
information exchange, which has not been able to provide proper services to consumers.
Healthcare is a health and welfare service that enables people to enjoy a healthier and more satisfying life,
thus providing integrated data services in a state of great national interest, thereby spreading smart
healthcare systems that prevent diseases and promote health is urgently required.
3-2-3 Major Business Area & Core Values
3-2-3-1 Providing Services from a Preventive Medicine Perspective
The core of the 3rd Medical Revolution is preventive medicine, which can help prevent chronic disease; which
is responsible for over 60% of all deaths. The Alpha-Chain Dapp is based on preventive medicine.
3-2-3-2 Providing Healthcare Big Data Connected Services
Providing services based on healthcare data is the core of preventive medicine. Recently, a new paradigm in
preventive medicine has appeared through the use of genomic analysis and biometric big data.
3-2-3-3 Providing Individual Personalized Healthcare Services
In order to achieve optimal therapeutic results, personalized medicine is provided which provides a
treatment method considering the individual characteristics of the patient, using individual genotypes and
molecular characteristics
3-2-4 Major Services
The my23healthcare Dapp combines Cloud, AI technology, and information analytics solution algorithms
with the Life Log-based healthcare Big Data that users create with their smart healthcare devices. Based on
user data, it contributes to improvement of the quality of life and increases the satisfaction index by
recommending a personalized care plan that helps inner beauty and body management as well as health
improvement and fitness maintenance. In addition, a healthcare Big Data platform will be built applying
blockchain to secure transparency and reliability and minimize data leakage risk.
3-2-5 Business Goals
My23 healthcare will expand the number of Dapp users, secure meaningful healthcare data through various
services, and maximize the practical use of Alphacon by expanding various networks for Alphacon use in the
healthcare industry.
3-2-6 Dapp
The my23healthcare Dapp stores each individual’s healthcare data through a blockchain Key value and gives
each individual the right to own and use their healthcare data. Health data collected by Dapp is divided into
two categories: daily healthcare data such as walking, eating and daily obesity check, and data from various
examination services based on genetic analysis services and preventive medicine. This data allows you to
find and purchase recommended nutritional supplements, as well as a variety of nutritional information
tailored to your symptoms such as hair health, stress, and immunity enhancement.
It also provides a search service to make it easier to find a payment destination for Alphacon coins. Through
this, users can use their Alphacon coins received as rewards.
3-3 2nd Project: REMOFIT
3-3-1 Outline
The definition of Alphacon’s second Alpha-Chain project, REMOFIT, is ‘Big Data-based SWING TECH
REMOFIT’. REMOFIT is a service that provides personalized clubs and balls that are optimized for individual
golfers based on their swing data.
In order to revitalize data in the golf industry, REMOFIT adopts a new approach to blockchain and
cryptocurrency, and creates a proper ecosystem in which individuals can freely participate and exercise their
rights to their data at all levels of the value chain, including processing, storage, distribution, and utilization
of golf data.
3-3-2 Market Status
Golf is one of the most popular sports in the world. Korea’s golf population is constantly on the rise, and
China, Southeast Asia, India and the Middle East are now starting to see a radical increase in the number of
golfers, too. Also, interest and popularity of golf increases as people age, and the number of new senior-
citizen golfers in Korea is steadily on the rise.
In line with the maturity and transformation of the golf market, the importance of Big Data is also highlighted
in the golf industry and recognized for its value in the 4th Industrial Revolution. In the U.S., golf-fitting
companies such as True Spec and Cool Clubs have already successfully applied data-based fitting services
to their business models, swing players such as GEARS (3D Golf Swing Analysis System), TrackMan,
Flightscope, GCQ, and other swing and contact analyzers also play a role in developing the Big Data market,
providing accurate data values for swings, clubs, and balls.
Golf Zone, Kakao VX, SG, and other screen golf business that are a trademark of Korea, are also good
examples of how golfer swing data has been developed into games through the use of high-speed cameras.
Smart Score, which maintains over 1 million golf members, is also a good example of how the data from a
golfer’s round score is used for successful business.
3-3-3 Major Business Areas & Core Values
Fitting a club to a golfer’s swing data is a very important factor, but due to the lack of equipment to properly
measure and extract swing data, most fittings were either done through the opinions of a few select experts,
or by repeatedly trying out clubs or getting the advice from non-professionals; resulting in inefficiency and
a waste of time and resources.
When a golfer enters their swing data, REMOFIT’s AI golf fitting engine recommends golf clubs that match
golfers to the most optimized specifications based on the Big Data.
These REMOFIT AI Golf Fitting services can be easily and conveniently accessed by anyone through the
application platform. It also serves to provide Big Data information that professional golfers cannot, thus
reducing the time spent on fitting and boosting sales.
REMOFIT’s services marks the first time club & ball fitting services based on Big Data have been provided in
Korea. It will also support blockchain technology-based data trading. This is expected to lead the
distribution market for used clubs at a more reasonable price through the standard pricing system for digital
used markets through state-of-the-art swing analyzers equipped with offline stores.
3-3-4 Major Services
3-3-4-1 BIG DATA
MICROFIT System Based on Big Data
Maintaining over 1 million counts of swing data is the core DNA of the REMOFIT service. Big data, which
is used in the REMOFIT fitting algorithm, is a key asset in being the fastest in the world to collect brand
new club data every year.
Utilization of Swing Robots & Impact Analyzers
By using the club Big Data obtained by using an actual swing robot, a more effective fitting can be
achieved. Utilizing the most advanced swing robots available and a state-of-the-art high-speed
camera contact analyzer (foresight GCQ), REMOFIT measures actual swing data optimized for each
brand’s club specifications.
State-of-the-Art Equipment & Expert Personnel
REMOFIT not only utilizes state-of-the-art equipment through strategic business agreements with
KIGOS, but also has the world’s top golf data professionals.
Various Big Data Club Combinations
Based on a variety of functional Big Data for club combinations, REMOFIT offers the most ideal club
matching and fitting services for golfers based on swing data.
3-3-4-2 SWING TECH
REMOFIT has swing technology that extracts the various swing information from clients through a special
slow motion swing camera mounted in the application to analyze a user’s actual swing. Through this SWING
TECH, the client’s swing information is converted into data and becomes the basis for the most optimal
recommendations in fitting specifications.
3-3-4-3 Personalized APP Service
REMOFIT provides differentiated convenience through a mobile application, equipped with optimized
analysis technology. It offers a variety of total solutions for clubs and swings, ranging from optimal club
recommendations through swing analysis, to new club purchases and second-hand sales. Golf-related
services such as existing websites or online communities, and other cumbersome golf related services can
be conveniently accessed and used all in one app.
3-3-4-4 Blockchain Technology Coin Incentive
REMOFIT utilizes blockchain technology to store swing data and maximize the value of a user’s swing data.
It standardizes swing data, which is of high value in the golf industry, and provides an enhanced user
experience with personal history management, and other functions through data using AI systems. Services
will be provided to safely store and distribute personal swing data. It has an incentive system that secures
ownership of the user's own swing data, compensates the user for storing the data, and compensates the
information providing user every time the refined data is sold.
3-3-5 Business Goals
3-3-6 Development Roadmap
3-4 3rd Project: Smart Healthcare City ECO-TOKEN
3-4-1 Outline
Through the Healthcare City Project, Alphacon aims to build a ‘smart health ecosystem’ to create the most
optimized city to usher in the Alpha Age. Each individual will be provided with all the value to enjoy a healthy
life on the basis of optimized healthcare, providing services to ensure that everyone is in optimal health and
that they can live well into the Alpha Age era. A blockchain-based healthcare platform will be established
within the Healthcare City and provide solutions to prevent diseases of citizens based on each individual’s
healthcare data, providing personalized, optimized health solutions.
3-4-2 Market Status
Central and local governments are trying to make smart city development the center of their focus and solve
efficient city management and urban problems in order to realize ‘sustainable urbanization’. The
construction of smart cities will soon mean an increase in new city development projects, and demand for
smart city infrastructure development is expected to grow further as a result. In particular, areas such as
transportation, weather, telecommunications, agriculture, environment, energy, healthcare, and e-
governments are in the spotlight. Among them, most governments, which are rapidly aging and face
declining birth rates, are spending a lot of money on healthcare to realize preventive medicine and provide
more efficient medical services than before.
3-4-3 Major Services
Smart Healthcare Infrastructure
Through the Smart Connected Service, each resident is connected to individual medical institutions and
network to receive prompt medical information. An advanced smart healthcare infrastructure can
provide digital physician services to patients with special diseases who need constant monitoring.
Whenever necessary, residents are provided with up to date information on nearby medical institution
services.
Blockchain-based Digital Platform
The platform stores personal healthcare data and through this, provides personalized solutions.
Sensitive healthcare data is safely managed by collecting and storing it through a secure blockchain-
based platform.
Real Use of Cryptocurrency
Cryptocurrency, which is used in the blockchain ecosystem, is a major source of compensation for the
nodes contributing to block generation. Therefore, it provides a virtuous circle of rewards by paying
cryptocurrency to each residents as compensation and using it again in real life in the healthcare city.
4. Disclaimer This White Paper of the Alphacon Project is intended to illustrate the project's overall content and roadmap.
This White Paper is not intended as an investment recommendation. Even if anyone who reads this White
Paper suffers financial damages such as damages, losses, debts, etc. resulting from this White Paper, please
note that the Alphacon Network Foundation is not liable for damages, losses, liabilities, and other financial
damages incurred.
This White Paper contains information pertaining to the Alphacon Mainnet, Alpha-Chain, and swap of the
ERC20-based tokens and Alphacon Mainnet coins. The asset creation function and Smart Contract of the
Alphacon Mainnet are currently under development or are to be developed and shown in the development
roadmap. Also, through staking participation in the Alphacon Network Foundation’s node can be conducted
to receive block rewards.
This White Paper for the Alphacon project is written and provided as ' as is ' at the time of creation, so nothing
in the White Paper is guaranteed to be accurate or unchanged in the future. The Alphacon Network does not
represent or warrant any person reading this White Paper with respect to this White Paper, and assumes no
legal liability for it.
The Alphacon Network Foundation does not guarantee whether this White Paper is written on the basis of
lawful rights, whether it does not infringe the rights of a third party, whether it is commercially valuable or
useful, whether it is suitable for achieving the specific purpose of those reading the White Paper, and
whether there are no errors in the White Paper. The scope of exemption from liability is not limited to the
examples mentioned.