gddgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. with...
TRANSCRIPT
![Page 1: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/1.jpg)
GDD Global digital asset application model
GDD
July 2018
- Global digital asset application model
White paper·English versionV1.0The value of the white paper may be updated as the project progresses
![Page 2: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/2.jpg)
GDD Global digital asset application model
- Copyright declaration -
This white paper was written by the GDD team. Plagiarism is strictly forbidden. If you need to reprint, please indicate
the source. Therefore, all the product design concepts, technical design solutions and technical solutions involved in this
white paper are owned by the GDD team. The team has applied for intellectual property protection on the core technical
solutions. For any violation of GDD intellectual property rights, we will protect our rights through legal means.
GDD team
![Page 3: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/3.jpg)
GDD Global digital asset application model
catalogue
Chapter 1. Background introduction.................................................................................................................................. 5
1.1Blockchain as a technological innovation.....................................................................................................5
1.2Blockchain: Technology for industrial data.................................................................................................. 6
1.3Application scenarios of blockchain in global asset digitization........................................................... 7
Chapter 2. Explanation of GDD........................................................................................................................................... 7
2.1What is GDD?........................................................................................................................................................7
2.2 GDD algorithm description..............................................................................................................................8
2.3GDD ecological scene.........................................................................................................................................8
Chapter III. GDD payment application landing................................................................................................................10
3.1 Create direct value........................................................................................................................................... 10
3.2 Remove the traditional intermediate point.............................................................................................. 10
3.3 The huge application of mobile phone GDD............................................................................................10
3.4 The value of GDD ............................................................................................................................................11
3.5 The advantages of GDD..................................................................................................................................11
Chapter 4. Technical Architecture of GDD............................................................................................................12
4.1 Platform design.................................................................................................................................................12
4.2 GDD blockchain architecture........................................................................................................................ 16
4.3 Technical characteristics................................................................................................................................. 17
Chapter 5. Introduction to Virtual Currency Issuance Rules..........................................................................................175.1 Virtual Currency Description................................................................................................................................17
Chapter VI. Main Construction Team............................................................................................................................... 19Chapter VII. Legal Affairs and Risk Warning.................................................................................................................... 21
7.1 Legal Affairs........................................................................................................................................................... 217.2 Risk warning.......................................................................................................................................................... 21
![Page 4: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/4.jpg)
GDD Global digital asset application model
order
With the advent of a new round of industrial revolution, the role of next-generation information technologies such
as cloud computing, big data, Internet of Things, and blockchain in smart manufacturing, finance, energy, and tourism
industries is becoming more and more important. In this round of industrial revolution, the development of blockchain
information technology is particularly rapid, and gradually becomes the direction of deepening the application of
information technology in various industries. From the current development trend and the development path of
blockchain technology, the development of blockchain technology and applications requires cloud computing, big data,
Internet of Things and other new-generation information technologies as infrastructure support, while blockchain
technology and application development Promoting the development of a new generation of information technology
industry has an important role in promoting, which is precisely the historical premise of this technological innovation.
Based on this premise, the well-known technical characteristics of the blockchain: with its trustworthiness,
security and irreversible modification, more data is liberated and the massive growth of data is promoted. The
decentralized nature of the blockchain allows data to be stored in the blockchain from every step of the acquisition,
transaction, circulation, and computational analysis, resulting in an unprecedented endorsement of data quality and
data analysis results. The correctness and effectiveness of data mining. The blockchain can further standardize the use of
data and refine the scope of authorization. For data transaction circulation, it is beneficial to break through the
information island, establish a horizontal circulation mechanism of data, and based on the value chain of the blockchain,
gradually promote the formation of a global data transaction scenario. In response to this scenario, the global asset
digital chain field is also This has entered the tide of the blockchain application era.
The global asset digital chain is a very high threshold for the industry. The targeted groups are paid for by
commercial consumption, including (big health, health care industry, health food, medical consumption, tourism,
tourism payment, hotel consumption, farm consumption). ,) The upstream and downstream giants are involved in the
field, which involves the digitization of some industrial assets in the world, the application of mobile APP, and a series of
chain industries. Therefore, it is extremely strict in terms of safety factor, confidentiality, and contractual spirit. Technical
requirements, and how to use the current wave of big data to promote the development of the industry, the blockchain
can not be tamper-proof, the entire history of database storage technology has become an important driving force for
the historical process, a huge block of data collection contains each A whole history of digital asset protection, digital
asset consumption payment, and global commercial payment business. With the rapid development of blockchain
application, the data scale will become larger and larger, and different business scenarios will also generate blockchain
data. Convergence further expands the scale and richness of data.
![Page 5: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/5.jpg)
GDD Global digital asset application model
As a result, the project team meets the needs of global business application consumption and application
scenarios in the field of digital asset storage, based on third-generation encryption technology and global digital
asset application models, as well as new digital asset wallets tailored to industry characteristics— - GDD came into
being, supplementing the technical gap of the current sector blockchain, providing technical support for the
business content of the world's global industrial consumption and payment market scenarios. In the future, GDD
will connect the country's largest tourism, hotel industry, medical health, Farms and fields open up global digital
wallets, upstream and downstream of global payment applications, and data with massive data storage
technology and flexible and efficient analysis technology, greatly enhancing the value and scenario application of
blockchain data in global application payment digital wallet mode. Convenience.
Chapter 1. Background introduction
1.1 Blockchain as a technological innovation
1.1.1 Blockchain 1.0 Phase - Digital Currency
At the beginning of 2009, the Bitcoin network was officially launched. As a virtual currency system, the total
amount of Bitcoin is defined by the network consensus agreement, and no individual or organization can modify
the supply and transaction records at will. After many years of successful operation of the Bitcoin network, some
financial institutions began to realize that the underlying technology that supports the operation of Bitcoin - the
blockchain is actually an extremely clever distributed shared ledger and peer-to-peer value transmission
![Page 6: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/6.jpg)
GDD Global digital asset application model
technology, for financial and even various lines. The potential impact of various industries may even be no less
than the invention of double-entry bookkeeping.
Chain data block structure in blocks: Each node of the blockchain system selects a block node with package
transaction authority through a certain consensus mechanism. The node needs to hash the current block of the
new block and the current The timestamp, the valid transaction that occurred during a period of time, and the
Merkel root value are packaged into a block and broadcast to the entire network. Since each block is linked with
the previous block by cryptographic proof, when the blockchain reaches a certain length, the block must be
modified to modify the transaction content in a historical block. The transaction records and cryptographic proofs
of all previous blocks were reconstructed, effectively preventing tampering.
1.1.2 Blockchain 2.0 Phase - Smart Contract
Around 2014, the industry began to recognize the value of blockchain technology and use it in areas other
than digital currency, such as distributed identity authentication, distributed domain name systems, and
distributed autonomous organizations. These applications are called distributed applications (DAPP). Building a
DAPP from scratch with a blockchain technology architecture is very difficult, but different DAPPs share many of
the same components. Blockchain 2.0 attempts to create a shareable technology platform and provide BaaS
services to developers, greatly improving transaction speed, greatly reducing resource consumption, and
supporting multiple consensus algorithms such as PoW, PoS and DPoS, making DAPP development It's easier.
With the continuous deepening of blockchain technology and applications, the blockchain 2.0 represented by
smart contracts and DAPP will not only support the architecture system of various typical industry applications.
Behind the various forms of organization, society, and so on, you may be able to see the shadow of this distributed
collaboration model of blockchain. It can be said that the blockchain will definitely change people's lifestyles
extensively and profoundly. Blockchain technology may be applied to the scale coordination of human activities,
and some people even boldly predict that human society may enter the blockchain era, namely blockchain 3.0.
1.1.3 Blockchain 3.0 Phase – Commercial Blockchain Application under Global Consumer Payments
GDD is a comprehensive platform based on Ethereum's decentralized, social, all-open source, reserve gold
and other resources, and a collection of entertainment consumption. The open source software designed and
released is a branch of the ETH network and is a digital currency in the form of P2P. Unlike most currencies, GDD
![Page 7: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/7.jpg)
GDD Global digital asset application model
Token does not rely on a specific currency institution to issue, it is generated by a large number of calculations
according to a specific algorithm. GDD Token uses a distributed database of nodes in the entire P2P network to
identify and record all trading behaviors, and uses cryptographic design to ensure the security of all aspects of
currency circulation. The decentralized nature of P2P and the algorithm itself ensure that the currency cannot be
manipulated manually by making a large number of Tokens. The cryptography-based design allows Tokens to be
transferred or paid only by the real owner, which also ensures the anonymity of currency ownership and circulation
transactions. Based on the ubiquity of smartphones and the growth of bandwidth.
1.2 Blockchain: Technology of industrial data
The technology of global asset dataization has changed the actual scene under the application of blockchain
technology. The technology of global asset dataization refers to the related business under the operation of most
industrial chain institutions including contractual financial institutions in the traditional sense. , refers to a financial
institution that absorbs funds from the contract holders in a contractual manner within a certain period of time
and then performs the payment or fund return obligations to the holders in accordance with the contract.
![Page 8: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/8.jpg)
GDD Global digital asset application model
Including global industry, big health, health care, health food, tourism market, winery, farm, global asset
digitization, mobile APP application, consumption, payment and sale contract. The characteristics of such
institutions are that the sources of funds are reliable and stable, the use of funds is mainly long-term investment,
and contractual financial institutions are important institutional investors in the capital market.
With the development of global digitalization of assets, the industry's pain points and reform direction in the
consumption and payment markets must shift from product factors to human factors, and human factors will
become more apparent. In order to solve this problem, GDD has reached strategic cooperation with a number of
organizations, and has taken the lead in launching the “GDD Smart Global Digital Assets Program” project, based
on data usage and consumption habits data samples based on payment habits, product risks, financial operations,
etc. Blockchain mode.
Nowadays, with the development of blockchain and the wide application of technology, the status of “global
asset payment + technology ” has evolved to “ technology of global asset dataization ” , and blockchain
technology has been applied to all financial payment and industrial chains in the world. It will completely change
the actual demand of the cooperation system in the business before and after the global asset application
purchase, thus solving the trust and security issues in the transaction and becoming the future development trend
of GDD in the future. Through the blockchain, both parties can conduct business activities without the need for
third-party trust brokers, thereby reducing assets for global health, health care, health food, healthcare platforms,
tourism and tourism industries, hotels, The cost of consumption, payment, and purchase of farms and the speed of
capital operation, technology to promote the optimization process of global word assets application.
1.3 Application scenarios of blockchain in global asset digitization
Nowadays, blockchain has become a hot topic in various fields of science and technology, and blockchain
technology has been widely used in various industries. Then, whether the combination of "blockchain + global
asset digital application" is feasible, whether it can meet people's expectations, and further verification. Will the
future blockchain be applied and developed in the field model, is there any development prospects?
"Who owns the user's data? Who should use it?" These issues are no longer a headache, because the
blockchain can solve these problems and can use the blockchain to create a mechanism for asset digital data
applications. For the consumer, on the one hand, through the GDD+ blockchain combined products and services,
enjoy the intelligent consumer payment application brought by the digitalization of global assets in the intelligent
![Page 9: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/9.jpg)
GDD Global digital asset application model
era, and obtain the blockchain reward income based on consumer behavior. In terms of global asset digitization,
blockchain technology complements the existing financial service system, and then forms more financial products
to meet the actual needs of global asset consumption and payment groups.
Chapter 2. Explanation of GDD
2.1 What is GDD?
The GDD team is committed to building the world's most competitive global asset digital application chain –
GDD Token for global commercial consumer payments and asset consumption payments. The team used and
optimized its functions based on third-generation encryption technology in October 2017. It plans to release
Token to the market in the second half of 2018, with a total of 580 million, while maintaining a policy of
never-issuing to maintain the price of digital currency. stability.
GDD is a comprehensive platform based on Ethereum's decentralized, social, all-open source, reserve gold
and other resources, and a collection of entertainment consumption. The open source software designed and
released is a branch of the EHT network and is a digital currency in the form of P2P. Unlike most currencies, GDD
does not rely on a specific currency institution to issue, it is generated by a large number of calculations according
to a specific algorithm. GDD uses a distributed database of nodes in the entire P2P network to identify and record
all trading behaviors, and uses cryptographic design to ensure the security of all aspects of currency circulation.
The decentralized nature of P2P and the algorithm itself ensure that the currency cannot be manipulated manually
by making a large number of Tokens. The cryptography-based design allows Tokens to be transferred or paid only
by the real owner, which also ensures the anonymity of currency ownership and circulation transactions. The
ubiquity of smartphones and the growth of bandwidth have changed the lives of modern people. GDD adopts the
mobile application APP landing application strategy of [mobile first].
2.2 GDD algorithm description
Release name:GDD
Quantity: 580 million pieces
Machine operation distinction: mobile phone client and computer client
![Page 10: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/10.jpg)
GDD Global digital asset application model
Machine operation plan: Open the Apple APP and Android APP client on July 1st, 2018. Before July 1, 2019,
open the computer client with the time of the exchange.
Goal: Build the world's most competitive global asset digital application chain – GDD Token can be used for
global commercial consumption payments and asset consumption payments. In the GDD platform, each user can
freely register an independent distributed account, and automatically generate the money-bearing income
according to the user's actual currency management and currency holding time.
he algorithm of GDD wallet mainly adopts POS mode (equity certificate), similar to property savings in the
bank, according to the number and time of GDD held by the user, the corresponding currency is allocated. In POS
mode, each GDD digital asset wallet can be Enjoy the computing power brought by the holding of the coin until it
is finished. The core algorithm of GDD Digital Asset Wallet is ETH.
2.3 GDD ecological scene
Based on blockchain technology, GDD can achieve global asset dataization, including industries (big health
industry, health care, medical platform, tourism and tourism industry, hotels, farms), such as building blocks,
adopting global business data. Step by step to digitize the blockchain, thus forming a commercial asset kingdom.
For example, the producer uploads data marketing in GDD, and the consumer is in the GDD digital wallet purchase
and consumption, which is based on the technology of the blockchain foundation, and the third party
management (the third party is also the blockchain system), through the system application operation, Do your
own credit, free trade, asset trust, etc.
2.3.1 Perfection of GDD ecological foundation
The application chain of GDD can solve the fundamental problem of price chaos, information circulation,
fairness, and true and false in the commercial industry. In the commercial market, consumers can use GDD to
identify the global health, health care, health care platform, tourism and tourism industry, the ecology and source
of hotels, farms, and information opacity, which cause the market price to harm the interests of consumers.
2.3.2 Open and transparent, data traceable
GDD is based on the RFID underlying chain technology, which can track and identify the production location,
production time, transportation until the end of the sale process, consumers can view every consumption
![Page 11: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/11.jpg)
GDD Global digital asset application model
information on the mobile phone.
2.3.3 Social Ecosystem
GDD will establish a community in each region in the world to jointly create commercial digital asset
technology applications and global industrial consumption, and pay for a social win-win ecosystem. In the process,
each member has the opportunity to receive rewards through the GDD mechanism, which maximizes the
enthusiasm and creativity of all community members and thus enhances the GDD community's influence.
2.3.4 Construction of traceability platform for big data
GDD will cooperate with the global health, health care, medical platform, tourism and tourism industry, hotel,
farm industry ecology and commercial marketers to launch the establishment of environmental protection and
energy-saving commercial RFID traceability technology research center, through the environmental protection
and energy-saving industrial chain data Link tracking acquisition, create GDD big data platform.
2.3.5 Credit System Construction
Through the decentralization of the blockchain, the data exchange between nodes through digital signature
technology, without mutual trust, and under the premise of smart contracts, the contract parties can not deceive,
only when the contract conditions are met, the program will release Or transfer funds. Under such a system, the
cost of buying and paying for global digital assets will be greatly reduced.
Chapter III. GDD payment application landingMobile GDD payment application platform landing, blockchain technology has removed the dependence on
the central authority. Since blockchain technology handles transactions in a peer-to-peer fashion, the distributed
structure eliminates the need for third-party agencies to record and settle transactions. Therefore, the payment
system based on the blockchain has the characteristics of“de-intermediation”. This may change existing payment
![Page 12: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/12.jpg)
GDD Global digital asset application model
systems characterized by centralized clearing.
3.1 creation of direct value
Mobile GDD payment platform is currently the fastest growing technology application in the fields of big
health industry, health care, medical platform, tourism and tourism industry, hotel and farm payment. Blockchain
technology can avoid complicated system in payment. A more direct payment process between the person and
the payee, whether it is a domestic transfer or a cross-border transfer, is characterized by low prices and speed,
and there is no intermediate fee. The primary application of blockchain technology is embodied in distributed
ledgers for cross-border payments. Today's cross-border payment networks are fragmented and isolated,
resulting in a lack of cost competitiveness, long settlement times, and poor user experience. Cross-border
payments must be handled by various proxy banking relationships using different messaging protocols and
settlement agreements. Statistics show that these inefficiencies cost the entire community a total of $1.6 trillion
annually.
Mobile GDD is the world's first global asset digital payment company that uses a common global
infrastructure to connect these isolated networks, real-time settlement with distributed ledgers, ensure
transaction certainty, and reduce risk. Financial settlement efficiency.
3.2 Remove the traditional intermediate point
The mobile GDD payment platform can eliminate the intermediate links of third-party financial institutions,
allowing the cross-border network payment settlement transactions of both parties to be completed quickly and
freely in a point-to-point manner. At the same time, it can be paid around the clock, real-time arrival, cash
withdrawal is simple and there is no Implicit costs. Not only that, because the blockchain is safe, transparent, and
low-risk, it can also improve the security of cross-border remittances, speed up settlement and clearing, and
greatly improve capital utilization. According to McKinsey's estimates, globally, the application of blockchain
technology in B2B cross-border payment and settlement services will reduce the cost per transaction from
approximately $26 to $15.
![Page 13: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/13.jpg)
GDD Global digital asset application model
3.3 The huge application of mobile phone GDD
In current offline trading scenarios, cryptocurrency is not widely used. With the increasing use of
cryptocurrencies and ideas, it is believed that in the near future, cryptocurrencies will also be integrated into our
daily lives and consumption. Each year, the amount of consumption generated between consumers and
businesses is expected to reach $22 trillion. People pay for all their consumption in local currency, from a cup of
coffee every morning to weekly shopping. The mobile phone GDD platform is promoting large-scale health
industry, health care, medical platform, tourism and tourism industry, hotels and farms to fully accept
cryptocurrency. By leveraging the existing global business ecosystem, the mobile GDD platform will greatly
accelerate the popularity of cryptocurrency.
The global payment for mobile GDD will be to create a business that is universal and can replace traditional
banks. By using GDD tokens, you can securely store your funds and trade them in any currency, including
cryptocurrencies. All operations can be done through the OSO Network Node application installed on a global
merchant. The digital wallet created by GDD can replace the traditional commercial payment model, allowing you
to complete payment transactions in any type of currency anywhere in the world.
3.4 value of GDD
On the GDD platform, the value is reflected in the following aspects:
First, high efficiency; after the traditional center forwarding architecture, the payment time is reduced from
minutes to seconds;
The second is high availability; failure of any node in the distributed architecture does not affect the operation
of the entire system;
The third is high security; in a network environment with a private chain closed, it is difficult to forge a
message;
The fourth is high scalability; new participants can be quickly and easily deployed and added to the system.
3. 5. GDD advantages
Advantage 1: Free economy
Free economy: the traffic age is free for the king, whether it is WeChat Weibo or Facebook is the first user
![Page 14: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/14.jpg)
GDD Global digital asset application model
to do the project, including the early computer all-bit mining of Bitcoin is free, zero investment means
everyone can participate in the project
Advantage 2: blockchain technology
As a representative of the new digital currency, GDD also has open source code and wallet, but the platform
uses the internal mining of the cloud mining machine within one year in order to allow everyone to compete fairly
and fairly on the same starting line, and to lay a user base for the future opening of the mining pool. To achieve the
role of protecting the value of money.
Advantage 3: Decentralization
Decentralization: The platform does not charge money and only accepts transaction fees. The transaction is a
direct point-to-point payment by the player, so there is no need to worry about the platform to run the money. On
the contrary, the longer the platform is, the longer the fee will be collected, so the platform will only be more
Steady development.
Chapter 4. Technical Architecture of GDD
4.1 Platform Design
4.1.1 Consensus mechanism——POC
The modular design of GDD supports the replacement and insertion of all core functional modules including
the consensus mechanism. The main chain defaults to the credit consensus mechanism POC (Proof-Of-Credit).
Anyone can participate in the blockchain network, each device can act as a node, and each node is allowed to
obtain a complete database copy. The nodes maintain a common blockchain through competitive computing
based on a set of consensus mechanisms. If any node fails, the remaining nodes will still work normally.
The consensus mechanism is a core issue of blockchain technology. It determines the rules for generating
blocks in the blockchain, ensuring the honesty of each node, the fault tolerance of the books, and the robustness
![Page 15: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/15.jpg)
GDD Global digital asset application model
of the system. Different application scenarios based on blockchain technology and the characteristics of various
consensus mechanisms can be evaluated and compared in terms of performance efficiency, resource consumption,
fault tolerance, and regulatory level. The Consensus Mechanism feature has the following features:
(a) Support multiple nodes to participate in consensus and confirmation;
(b) Support independent nodes to verify the validity of relevant information submitted by the
blockchain network;
(c) Prevent any independent consensus nodes from recording or modifying information in the
blockchain system without confirmation by other consensus nodes;
(d) There should be some fault tolerance, including non-malicious errors in node physical or network
failures, as well as malicious errors in which nodes are subject to illegal control, and
uncontrollable errors in which nodes generate undefined behavior.
4.1.2 Equity certificate——POS
POS is also called equity certificate, similar to the property stored in the bank, this model will be assigned to
the corresponding currency according to the amount and time of the digital currency you hold. To put it simply, in
the equity proof POS mode, there is a noun called the currency age, and each coin produces 1 currency per day.
For example, if you hold 100 coins for a total of 30 days, then your coin age is 3000. At the time, if you find a POS
block, your currency age will be cleared to 0. Every time you are emptied by 365, you will get 0.05 coins from the
block. In this case, interest = 3000*5%/365=0.41 coins, so that the currency has interest, there is a big advantage in
POS mode is to save resources, only need lower computing power to maintain the operation of the entire
blockchain network, and some even Through the short-term mining stage in the previous period, it directly enters
the pure POS mode, so that it is possible to confirm the whole network transaction only by running the wallet
client without mining.
POS is a completely different mechanism than POW. POS does not require a lot of computing power to
maintain network security. It only needs each participant to open their own wallet to increase network weight and
obtain corresponding rewards, which is the POS mechanism itself. Said interest.
![Page 16: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/16.jpg)
GDD Global digital asset application model
4.1.3 Smart Contract
GDD creates a smart contract that combines a non-turing-complete backbone with a Turing-complete
sidechain. A smart contract is an assembly language programmed on a blockchain. Usually people don't write
bytecode themselves, but they compile it from more advanced languages, such as a proprietary language like
Solidity, Javascript. These bytecodes do provide guidance for the functionality of the blockchain, so the code can
easily interact with it, such as transferring cryptographic currency and logging events. The execution of the code is
automatic: either successful execution or all state changes are undone. This is important because it avoids the
execution of the contract portion (for example, in a securities purchase transaction, the security owner has
transferred the security, but the cryptographic currency payment transfer failed). This is especially important in a
blockchain environment because there is no way to undo the bad consequences of execution errors (and if the
opponent does not cooperate, there is simply no way to reverse the transaction).
Blockchain-based smart contracts not only take advantage of the low cost and efficiency of smart contracts,
but also avoid the interference of malicious behavior on the normal execution of contracts. The smart contract is
written into the blockchain in a coded form, and the data storage, reading and execution process using the
blockchain technology can be traced and transparent and cannot be tampered with. In addition, a state machine
system constructed using the blockchain consensus algorithm enables intelligent contracts to operate efficiently.
![Page 17: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/17.jpg)
GDD Global digital asset application model
The functional components of a smart contract include:
A development operating environment, including:
(1) Provide programming language support and provide a supporting integrated development environment
when necessary;
(2) Support contract content static and dynamic checking;
(3) Provide support for running carriers, such as virtual machines;
(4) For smart contracts that interact with external data of the blockchain system, the scope of influence of
external data sources should be limited to the scope of smart contracts and should not affect the overall
operation of the blockchain system.
B storage environment, including:
(1) Prevent tampering with the contents of the contract;
(2) Support the upgrade of contract content under multi-party consensus;
(3) Support the writing of contract content to the ledger.
4.1.4 Quantum Entanglement Encryption Technology
GDD adopts quantum entanglement technology and is a secure encryption technology for transmitting
information. Related to information transmitted by superluminal speed. The speed of "communication" between
these particles is fast, using this connection to control and deliver information at such a fast rate.
At the same time, asymmetrically encrypted public-private key pairs are also used in the blockchain to build
trust between nodes. The asymmetric encryption algorithm consists of a corresponding pair of unique keys (ie,
public key and private key). Anyone who knows the user's public key can encrypt the information with the user's
public key and interact with the user to implement security information. Because of the dependency between the
public key and the private key, only the user holding the private key can decrypt the information, and any
unauthorized user or even the sender of the information cannot decrypt the information. The encryption feature
has the following features:
![Page 18: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/18.jpg)
GDD Global digital asset application model
Support international mainstream encryption algorithms, such as asymmetric encryption
algorithms such as AES256 and asymmetric encryption algorithms such as RSA and ECC;
Supports confidential algorithms, such as SM4 and SM7 symmetric encryption algorithms and
asymmetric encryption algorithms such as SM2 and SM9.
A clear key management scheme should be in place to ensure that the underlying security
mechanism of the blockchain operates normally;
The encryption algorithm should have the ability to resist cracking. It is advisable to periodically
review the security of the encryption algorithm and, if necessary, use a higher encryption
algorithm that computes the complexity.
。
4.1.5 Multi-chain (main chain-sub-chain--sub-chain)
Independent blockchains complete the value production of highly relevant business areas. To achieve social
goods and value circulation, cross-chain trading markets are needed, and cross-chain value exchange markets
provided by cross-chains can satisfy the value of different subjects. Price circulation. Cross-chain compatibility, can
be compatible with existing and future blockchains; cross-chain is open, cross-chain has the ability to link any
block; cross-chain has standardization potential, allowing any block to link, An access standard will gradually
emerge to help promote the standardization of blockchain protocols.
According to the needs of business functions, privacy protection, data isolation, or performance capacity
expansion, GDD establishes multiple independent chain parallel jobs. Chains and chains can interact with each
other through cross-chain services, such as sending transactions, querying transaction results, and reading.
Configuration data, etc. The intelligent contract data interaction between different blockchains enables
interoperability between blockchains. In complex business scenarios, independent sub-chains (logical/physical) of
fine-grained operation can be designed and passed through the parent- Sub-smart contracts meet different
business needs and increase the flexibility of the overall “bloated” books.
Through cross-chain technology, GDD integrates the business-style private chain/federal chain into the
consensus network of the main chain, while retaining the privacy and licensing protection of the private
chain/federal chain. According to the needs of business functions, privacy protection, data isolation, or
performance capacity expansion, multiple independent chain parallel work is established, and the chain and chain
can interact through the cross-chain service. Other digital assets connected to GDD, first need to complete
registration on GDD, can be independently developed or customized development, access GDD, and achieve
![Page 19: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/19.jpg)
GDD Global digital asset application model
interconnection.
In the GDD blockchain network: the "main chain" constitutes the information trunk road, and the different
parent chains exchange information by protocol through the link. At the same time, a main chain carries different
isomorphic sub-chains, which are distributed account books of a vertical domain or multiple cross-industry
clusters. Communication between sub-chains is achieved by a cross-chain communication protocol. Through the
fragmentation of the blockchain, the transaction processing capability of the blockchain system is improved.
Compared to a single blockchain system, a chain cluster system can grow linearly in transaction processing
capacity by connecting multiple sub-chains. The request for the transaction enters different sub-chains through
the assignment of the link, which can effectively circumvent the centralized request for one sub-chain. In addition,
we can deploy clusters with different number of nodes in the isomorphic sub-chain on the link. For the isomorphic
chain, the number of nodes with multiple nodes will have relatively high security, and the processing speed of the
cluster with fewer nodes will be more. fast. In addition, different chain clusters are deployed according to different
requirements such as the number of nodes, geographic location, and service classification. The requests are
distributed to the appropriate clusters for different requirements. The help chain network is flexibly deployed
![Page 20: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/20.jpg)
GDD Global digital asset application model
according to service requirements to provide users with higher quality. Blockchain service.
4.1.6 Asymmetric Encryption
Elliptic Curve Cryptography (ECC) is a public-key encryption technique based on elliptic curve theory that can
be faster, smaller, and more efficient when creating keys. ECC uses the properties of elliptic curve equations to
generate keys instead of using traditional methods to produce products with large prime numbers. Elliptic Curve
Cryptography (ECC) is a public key cryptography technology. Based on the elliptic curve theory, the Abel group
discrete logarithm of the elliptic curve on the finite field is used to solve the problem of encryption, decryption
and digital signature. Corresponding to the elliptic curve, the corresponding cryptosystem can be established by
adding the addition operation in the elliptic curve to the modular multiplication operation in the discrete
logarithm. The elliptic curve is a plane curve determined by the following Weilstras Weierstrass equation:
E:y2+a1xy+a3y=x3+a2x2+a4x+a6
The elliptic curve encryption algorithm has a small key length, high security performance, and low time
consumption of the entire digital signature, which makes it have great potential for development in smart terminal
applications, such as handheld computers and mobile phones. . In the network, the ECC algorithm also guarantees
the real-time performance of its collaborative work. The ECC algorithm is used to encrypt data with high sensitivity
level (such as key), which can meet the requirements of large data volume in speed, and has high security and can
be very Good security of the system.
4.2 GDD blockchain architecture
Earlier we mentioned that blockchain technology is more like a technical architecture that uses a combination
of different technologies. In the generalized blockchain technology architecture, it can be roughly divided into
three levels:
Protocol layer: In this level, it represents the core of the blockchain. It is also the underlying technology that is
currently known in the market. It contains the structure of the data storage, consensus algorithms, encryption
mechanisms, network communication protocols and so on. All of this content is wrapped around this layer to
operate and provide upper-level calls in the form of APIs or services.
![Page 21: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/21.jpg)
GDD Global digital asset application model
Expansion layer: The expansion layer is like the V layer in the traditional MVC architecture, which handles part
of the business logic. Smart contracts are built on this layer. So at this level, we can extend blockchain technology
to a variety of scenarios through smart contracts, such as AI artificial intelligence, VR/AR, IoT <IOT>, ERP/MES, Big
Data <Bigdata>, cloud Platform <Cloud> can be implemented here.
Application layer: The application layer is for the end user. For those who have contacted the virtual currency,
different "electronic wallets" belong to this layer. However, in practical applications, due to the limitations of the
blockchain technology itself. In addition to the needs of users, the development of the application layer must also
take into account the logical and technical requirements of the extension layer and the protocol layer. This leads to
a blockchain development project that will require more complex teamwork.
From the above architecture, it can be found that the blockchain technology may be a different programming
language and separate arithmetic logic in each architecture layer. At the same time, it must cooperate with the
encryption algorithm requirements of the business itself, etc., which will form a complex collaborative process.
Behind it is the need for complete business logic to meet the real needs of the market.
4.3 Technical characteristics
The overall characteristics of GDD technology are open, transparent, verifiable, or at least within a certain
range. In terms of effect, it is not tamperable and traceable. The project should choose a more open
public-chain-like architecture because the project has high requirements for privacy, and there is a strong demand
for process transparency.
Of course, the project Ethereum 20 blockchain technology, but from the current technical capabilities and the
needs of cross-border payment, it is not excluded that the project will build a new chain and consensus
mechanism, just like the GDD consensus mechanism.
The advantage of this is that it does not rely on the workload proof of a large amount of power consumption,
like the current Bitcoin blockchain, and can set the data disclosure degree and influence surface within the
controllable range. Through big data, the behavior of the Alipay user node can be used as a basis for effective
judgment, and it is not difficult to unify the solution due to uncontrollable node behavior after the error like The
DAO. Of course, the proprietary blockchain is more suitable for tailoring the project according to its own
development needs.
![Page 22: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/22.jpg)
GDD Global digital asset application model
Chapter 5. Introduction to Virtual Currency Issuance Rules
5.1 Virtual Currency Description
GDD is a settlement virtual currency based on the mobile phone GDD system platform, which is used to
exchange and settle other currencies on the GDD system platform. GDD provides a trading medium for user
transactions on the GDD system platform.
GDD is the only virtual currency in the parent chain of the entire ecosystem. Any data exchange and asset
exchange across the sub-chains need to consume the parent-chain virtual currency. When the ecosystem is
formed, the cross-chain data interaction becomes a high-frequency event. The demand for Token continues to
increase. The virtual currency holder has the original distribution rights of the parent chain development direction.
Like Ethereum, after GDD is launched, in addition to continuously strengthening its technological leadership,
it will continue to release new technologies and applications in the chain, fully expand its ecological structure and
enrich its vitality, and realize the property switching from private chain to platform to public chain. .
The emergence of GDD will redefine the new industry standard for cross-border financial payment services: to
become the standard for financial payment contract blockchain, and to become the basis for future new
technology development and new application release.
In the case of GDD's technological leadership, open source code will become the underlying technology for
many future projects, including government, corporate, and individual projects in practical application scenarios
across countries.
![Page 23: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/23.jpg)
GDD Global digital asset application model
Currency: 580 million
Distribution plan
planning hold
Company holding 30%
Development team 7%
Third party cooperative organization 8%
Advisory team 5%
CEO 5%
private placement 45%
Private equity scheme
period release
Phase one 58 million
the second term 80 million
Third period 100 million
Fourth period 113 million
![Page 24: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/24.jpg)
GDD Global digital asset application model
Chapter VI. Main Construction Team
Name nationality post brief introduction
Martinez Wilson
Britain initiator
Founder of the team, with 7 years of experience
as chief technical officer. He has led more than 200
technical engineers to develop the underlying
technology. Since March 2017, he has formed a
project team to develop the GDD blockchain
project.
Allagher McCarthy
RussiaTechnical
Director
Russian software engineer with more than 5
years of experience in commercial development.
Participate in and manage several of the top 20
blockchain virtual currency experiences, leading
brand software development: once served as the
first batch of blockchain technology architects, and
then left the team, currently the platform and
technology main engineer.
O'Doherty Lynch
America Algorithm maker
Based on the third-generation encryption
technology application and the new tourism
consumption application model, the core
positioning is based on the concept of the
promoter. It is currently responsible for the complex
algorithm formulation and testing and calculation
of the platform rules.
![Page 25: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/25.jpg)
GDD Global digital asset application model
Murray Quinn
New ZealandTechnology
developer
Murray is a software engineer and graduated from
the University of New Zealand with a bachelor's
degree. He has over 3 years of experience in large
software and game development in New Zealand.
He entered the world of Ethereum 2 years ago and
his current job is programming in Solidity, Python,
C/C++ and C#. Lead more than 10 people to write
project blockchain source code。
Johnson Williams
America
Financial
Operations
adviser
He used to be a co-founder of a well-known virtual
currency management, responsible for the
operation and promotion of financial management.
At the invitation of the sponsor, he joined the GDD
team and is currently a financial operations
consultant. His 30 years of financial experience can
help the project understand the actual needs of
users.
Harris Robinson
Britain
Leading
specialist in
legal, business
and
technological
integration
Advising blockchain solutions on passwords,
password entrepreneurship, venture capital funds
and international decision makers. He was a director
of the Private Investment Fund Institute (PIFI).
Previously, he has participated in several large-scale
international investment and financing projects and
has extensive industry experience.
![Page 26: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/26.jpg)
GDD Global digital asset application model
Paweł Kuskowski
Britain artisan
Blockchain development expert, graduated from
the University of Waterloo. 4 years of banking
experience as a senior technical architect and senior
consultant. Since 2012, he has served as a Senior
Technical Consultant at Infinidy Corp.
Adam Vaziri
Americafinancial
advisers
Blockchain lawyers, named "bitcoin pioneer" by
Bitcoin Magazine, are blockchain compliance
experts. Adam is propagating the blockchain
regulatory environment for cryptocurrencies. Adam
is an indefatigable blockchain entrepreneur and has
established a blockchain lab dedicated to the
Internet of Things (IoT) and KYC's dedicated block
passport “Blockpass”.
Edmund
America artisan
A financial engineer and blockchain industry expert
who served as the vice president of the American
Facto Notary Public Company. He has 19 years of
experience and achievements in the fields of
financial technology, IT development and product
management, network engineering and information
security. The Energy Blockchain Lab was established,
and the first is to propose that the blockchain is a
tool for data and information validation in the
Internet space, as well as the localization of the
Internet economy.
![Page 27: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/27.jpg)
GDD Global digital asset application model
Roger Ver
Americainvestment
adviser
After setting up several successful companies in
Silicon Valley, Roger began his journey of bitcoin in
February 2011. In the years before the traditional
venture capital firm joined, he became the first in
the world to start investing in
The people of the special currency-related startups
almost exclusively invested in the entire
bitcoin-based bitcoin business.
Chapter VII. Legal Affairs and Risk Warning
7.1 legal affairs
The GDD project will establish a BVI overseas, namely the GDD Foundation and the American International
GANDLL Capital Co., Ltd., as the legal entity, responsible for organizing the team to develop, promote and operate
the GDD project and assume all relevant responsibilities.
The US International GANDLL Foundation will conduct the exchange of certain people in an appropriate
manner in strict accordance with the laws and regulations of the BVI location, and give the digital currency GDD.
Due to legal restrictions on national citizenship or group restrictions, digital currency GDD will not conduct public
crowdfunding or public fundraising in certain countries. The digital currency GDD is a virtual commodity and use
for practical purposes, not a security, nor a speculative investment vehicle.
The US International GANDLL Foundation's revenue in the digital currency GDD swap will be used by the US
International GANDLL Fund Foundation for technology development, marketing, community building, financial
auditing, business cooperation and other purposes.
The US International GANDLL Fund Platform is still likely to be questioned and regulated by the competent
![Page 28: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/28.jpg)
GDD Global digital asset application model
authorities in different countries around the world. In order to meet and comply with local laws and regulations,
the US International GANDLL Fund Platform may not provide normal services in some areas.
7.2 risk hints
Before and during the sale, the project will not organize any public promotion and advertising promotion
activities in any media. The platform team has not organized any social media such as Facebook and SNS groups,
and the mailing list is recommended. Please carefully discriminate before participating.
This document is for informational purposes only and does not constitute an opinion or investment opinion
regarding the future sale or purchase of a native digital asset, nor is it a contract or commitment of any kind.
Once investors participate in private placements and sales, they understand and accept the risks of the project,
and are willing to personally bear all the corresponding results or consequences. The platform clearly stated that it
will not bear any direct or indirect losses caused by participating in the platform project.
The native digital assets involved in this project are an encrypted digital code used on the platform and do not
represent platform project equity, claims, income rights or control rights.
At the same time, the GDD Foundation expressly disclaims and refuses to accept the following responsibilities:
(1) Anyone who violates the anti-money laundering, counter-terrorism financing or other regulatory
requirements of any country in the exchange of the digital currency GDD;
(2) Any person who violates any of the representations, warranties, obligations, undertakings or other
requirements set forth in this white paper in the purchase of the digital currency GDD, and the resulting unusable
or undeliverable digital currency GDD;
(3) For any reason, the exchange plan for the digital currency GDD is abandoned;
(4) The development of GDD has failed or been abandoned, and the resulting undeliverable or inoperable
digital currency GDD;
(5) Delays or delays in the development of GDD public chains, and the resulting schedule of failure to achieve
prior disclosure;
(6) errors, defects, defects or other problems with the GDD source code;
(7) GDD failure, crash, defect, rollback or hard fork;
(8) GDD fails to achieve any specific function or is not suitable for any particular purpose;
![Page 29: GDDgdd-ok.com/gdd-en.pdf · asset consumption payment, and global commercial payment business. With the rapid development of blockchain application, the data scale will become larger](https://reader031.vdocuments.mx/reader031/viewer/2022031505/5c86b75409d3f2635f8c0e67/html5/thumbnails/29.jpg)
GDD Global digital asset application model
(9) the use of funds raised by the digital currency GDD scheme;
(10) Failure to promptly and completely disclose information about the development of the GDD public chain;
(11) Any participant who has disclosed, lost or destroyed the wallet private key of the digital currency GDD;
(12) breach of contract, violation, infringement, collapse, libel, termination or suspension of service, fraud,
misuse, misconduct, error, negligence, bankruptcy, liquidation, dissolution or closure of a third-party distribution
platform;
(13) There is a difference, conflict or contradiction between the content of the agreement between anyone
and the third-party distribution platform and the content of this white paper;
(14) Anyone’s trading or speculation in the digital currency GDD;
(15) The listing, suspension or delisting of digital currency GDD on any trading platform;
(16) The digital currency GDD is classified or treated as a currency, securities, commercial paper, negotiable
instrument, investment or other thing by any government, quasi-government agency, competent authority or
public agency, so that it is prohibited, regulated Or legal restrictions;
(17) Any risk factors disclosed in this white paper and the damages, losses, claims, liabilities, penalties, costs or
other adverse effects associated with such risk factors that may result in or accompany them.