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RECORD KEEPING & DATA SECURITYSOLUTION

IMMUTABILITYINTEGRITY NON REPUDIATION

TM

WHITEPAPER

IMMUTABILITY, INTEGRITY & NON REPUDIATION

IMPORTANT NOTICE

SUMMARY

This document (“Whitepaper”) is not endorsed by any government authority. It is only available on www.recordskeeper.co and may not be redistributed, reproduced or passed on to any other person or published, in part or in whole, for any purpose, without the prior written consent of RecordsKeeper Limited. This Whitepaper, or any part of it, must not be taken or transmitted to any country or territory where its distribution or dissemination is prohibited or restricted.

Any natural person or legal entity who comes into possession of this Whitepaper must be aware or inform themselves about and observe any relevant legal or regulatory restrictions they may be subject to and seek all necessary professional advice. By any such natural or legal person (“you” or “your”) accessing this Whitepaper, you agree to be bound by this requirement.

SellerRecX Technologies Limited (“the Company”, “we”, “us” or “our”) A Gibraltar private limited liability company Company no. 117405Registered address: Suite 2B, 143 Main Street, Gibraltar, GX111AA

Purchase Website and Instructionswww.recordskeeper.co (“website”)Purchasers must follow the instructions on the website to purchase RecordsKeeper tokens (XRK).

Token Sale Terms & ConditionsTo be made available on the website. Each purchaser of XRK must ensure that they carefully read the terms and conditions and obtain any necessary legal advice before agreeing to them.

Token Name(to be sold during Public Sale Period)

XRK

Token Ticker(of the XRK to be sold during Public Sale Period)

XRK

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Project SummaryRecordsKeeper as a platform is built upon Multichain technology providing a globally available decentralized system for Records Management. RecordsKeeper has been built upon the core principles of Blockchain, providing a new layer of anonymous record storage which can be utilized by anyone in the world.

Private Sale24 May 2018 to 6 July 2018 at 09:00 AM UTC

Whitelisted Pre-Sale4 July 2018 to 6 July 2018 at 09:00 AM UTC

Public Sale Period7 July 2018 to 22 July 2018 at 09:00 AM UTC, unless fully sold beforehand in the aforementioned private sale.

Total Token Supply300 Million Premined + 2.8 Million Mined as of writing this whitepaper. While more are getting mined by the miners.

Availability XRK(during Public Sale Period)60,000,000 XRK (with 36,000,000 XRK being allocated to persons participating in a prior private sale)

XRK priceBTC 0.00005 = 1 XRK, exclusive of transaction fees or cost.

Minimum investment5 BTC for Private Sale, 1 BTC for Whitelisted Presale & No Minimum for Public Sale.

Accepted methods of paymentDuring the Token sale 6 major currencies will be accepted via RecordsKeeper Token sale dashboard. These are BTC, ETH, XRP, LTC, BTG, BCH. The Company will never publish any Token sale address anywhere except on our token sale Dashboard.

Distribution of purchased RecordsKeeper tokens (XRK)

Authorised communication channelsTokens will be delivered within 30 days of the Token sale ending - to the XRK address of the participants provided at the time of KYC.The only communication channels authorised by the Company for the purposes of the Token Sale are:

Website: www.recordskeeper.co

Email: [email protected]

Twitter: www.twitter.com/records_keeper

Facebook: www.facebook.com/recordskeeper

Telegram: t.me/recordskeeper

Blog: www.recordskeeper.co/blog/

Reddit: www.reddit.com/r/recordskeeper

LinkedIn: www.linkedin.com/company/recordskeeper/

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INDEX

Introduction

Problem Statement Centralized Crypto Assets verification Provability Security

VisionA global data repository of verifiable records.Solution - RecordsKeeper and XRK What is RecordsKeeper? Why RecordsKeeper is useful? How RecordsKeeper and XRK work?

RecordsKeeper FeaturesXRK - Fuel for RecordsKeeper Blockchain Introduction Usage and Role of Tokens The Token Economy XRK Mining XRK Mining Rewards Token Economy

RecordsKeeper Blockchain - The underlying Technology Approach (POW/POS) Transaction Assets Nodes Integration Security

Blockchain Mining Approach POW/POS Mining Rewards Mining Community

XRK Light Wallet

XRK Ecosystem and Communities User Community Dev Community Business Community

Use Cases

Token Sale Introduction Sale Structure Sale Dates Excluded Countries Fund Usage Plans Risks

Roadmap

Team

Corporate Governance

Disclosures and Legal

Risk Factors

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INTRODUCTION

Bitcoin as a cryptocurrency has been the most popular medium for the exchange of assets and is the first of its kind to set up a base for worldwide acceptance. Since its release in 2009, Bitcoin has redefined the way we conduct transactions globally. The primary recognition of Bitcoin stems from the inherent technology of Blockchain which leads to the distribution of a public ledger and performs one-to-one transactions without the involvement of any third party.

The decentralized structure provided by the Blockchain removes control from a central organization in addition to eliminating a primary point of failure. Despite the mass adoption of Blockchain behind Bitcoin, there are still some flaws which act as a barriers for mainstream consumers.

Other Blockchain implementations identified the significant challenges such as limited capacity, transaction costs, and lack of privacy. One of the Blockchains which aims to overcome these obstacles is Multichain which provides easy to deploy packages.

RecordsKeeper, as a platform, is built upon Multichain technology providing a globally available decentralized system for Records Management. RecordsKeeper has been built upon the core principles of Blockchain, providing a new layer of anonymous record storage which can be utilized by anyone in the world.

PROBLEM STATEMENT

Much attention has been given of late to the vast challenges posed by electronic records.

Though a large percentage of records are electronic now, there are well in excess of 400 different electronic file formats that may have different processing and storage requirements. Records are also produced by a variety of sources, for instance: mainframe computers, business applications as well as office applications.

Records management systems must integrate with all kinds of different systems in addition to the one that create them. And they need to seamlessly capture records from the time they are generated and immediately store them without human intervention. For truly seamless integration, it’s important for a solution to have an open architecture. Organizations now face these core challenges at the intersection of people, processes, and technology:

How do we adapt these systems to the coming wave of massive data?How do we understand and utilize what is in these systems to solve the next generation of problems?How do we strategically migrate from legacy content systems to more modern ones – and still keep the lights on?How do we give our employees and associates the tools – and information – they need to delight their customers?

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The above problems can be summarized as shown below:

VISIONOur vision is to create a global open ecosystem for data sharing and verification.

A GLOBAL DATA REPOSITORY OR VERIFIABLE RECORDSRecordsKeeper allows anyone to push verifiable records of any data objects in the global open RecordsKeeper Blockchain.

By pushing the verifiable records in to the RecordsKeeper Blockchain anyone in the whole world can verify the authenticity, integrity and immutability of the data without involving the trusted third party.

All the records can be pushed in Key-Value pair format (just like any other noSQL DB) using a small transaction fee in XRK tokens (RecordsKeeper fuel) and the same data can later be fetched using the same key or transaction ID free for life.

SOLUTION - RECORDSKEEPER AND XRK

What is RecordsKeeper?RecordsKeeper offers a full suite of structured and easily accessible record keeping and data security solutions for organizations and individuals. RecordsKeeper creates a platform for structured storage (NoSQL Database) over a decentralized network for the ease of data access and security between peers. The RecordsKeeper capitalises over the pros of the Blockchain network to create an ecosystem for secure transfer, authorization, integrity and authenticity of data. Each peer is an autonomous agent, capable of performing these actions without significant human interaction.

It is not immutable.Easy to change, verydifficult to detect thetempering of data.

Security is expensivein centralized tech.It costs millions ofdollars if you wantbank grade security.

Even after investinghuge amount ofmoney, it can nevergive you same levelof trust or confidenceon security.

Impossible toauthenticate & verifydata without involvingthe trusted third party.

Impossible to checkdata integrity withoutinvolving trustedthird party.

How will you check theintegrity of millions ofdata objects or recordshave been maintained?Its not possible withMySQL unless MySQLrecords are un-editable.

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RecordsKeeper offers an out of the box functionality built upon Multichain as a structured decentralized database store.

When a user uploads a file, a condensed record along with meta information (Fig. Upload Metadata) is signed and pushed into the RecordsKeeper ledger. The actual data is pushed to the encrypted storage layer for later retrieval.

If any alteration of the record occurs after it is uploaded, the hash of the record will be different and its immutable traces will be kept in the Blockchain. A client can also use checksum with SHA256 hashing to ensure that the digest of the record hasn't been altered.

RecordsKeeper is an open platform with key-value storage. A user accessing the RecordsKeeper can create a key-value entry in existing data stream on top of RecordsKeeper ledger which would act as a secure data storage.

User can also use an encrypted storage with our public ledger to store unlimited amount of data. This data can be shared with the interested parties by sending a transaction ID or record key.

WHY RECORDSKEEPER IS USEFUL?An open ecosystem to manage records reduces the need for establishing trust with third party organizations and the need of a large setup to create immutable records.

Moreover it provides a community control and verification over the data shared on RecordsKeeper ledger.

HOW RECORDSKEEPER AND XRK WORKS?

USER 1

RecordsKeeper BlockchainMiners

Miners confirm transactions by adding

a new Block

Pay txn fees in XRK

XRK

XRK Wallet

Txn ID / Record key sharedwith other users

USER 2

UploadRecords

Miners earns txn fees& Block reward for mining

User acquires XRK Tokensin the Wallet

1

2

3

4

5

XRK

XRK

XRK

XRK

XRK

RecordsKeeperBlockchain

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RecordsKeeper makes it very easy to publish the immutable data objects of up to 8MB per transaction on RecordsKeeper Blockchain using XRK Tokens as a Gas (Just like Ether works as GAS/Tx fee in Ethereum Blockchain). There is no need to setup the whole system to create just one immutable object.

RecordsKeeper is an open platform with key-value storage like MongoDB. A user accessing RecordsKeeper can create a key-value type of record on top of RecordsKeeper ledger which would act as secure data storage. Users can also use an encrypted storage with our public ledger to store unlimited amounts of data.

This data can be shared with the interested parties by sending a transaction. An open ecosystem to manage records reduces the need for establishing trust on third party organizations. Moreover it provides a community control and verification over the data shared on RecordsKeeper ledger.

Here is how it works:Step 1: User-1 acquires XRK Tokens into their XRK WalletStep 2: User uploads Records/Data into RecordsKeeper Blockchain by paying the upload fee in XRK (0.1 XRK/KB) in a key-value pair format. Key can be used to retrieve the record later on. Maximum 8 MB can be uploaded per transaction.Step 3: Miner confirms the transaction by adding a new Block.Step 4: Miner earns Tx Fees and Block Reward for mining.Step 5: User-1 Shares the record key or tx id with User-2 who can verify the records/data’s authenticity and integrity at any time in future.

When a user uploads a file, a condensed record along with meta information (Fig. Upload Metadata) is signed and pushed into the RecordsKeeper ledger. The actual data is pushed to the encrypted storage layer for later retrieval. If any alteration of the record occurs after it is uploaded, the hash of the record will be different and its immutable traces will be kept in the Blockchain.A client can also use checksum with SHA256 hashing to ensure that the digest of the record has not been altered.

RecordsKeeper offers an array of open-source libraries and APIs to publish the records in public Blockchain through programming, website, backend services, mobile & desktop apps, servers etc. RecordsKeeper offers a full suite of structured and easily accessible record keeping for organizations and individuals. RecordsKeeper creates a platform for structured storage over decentralized network for the ease of data access and security between peers.

RecordsKeeper capitalizes over the pros of the Blockchain network to create an ecosystem for secure transfer, authorization, integrity and authenticity of data. Each peer is an autonomous agent, capable of performing these actions without significant human interaction. RecordsKeeper offers an out of the box functionality to build upon Multichain as a structured decentralized database store.

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RECORDSKEEPER FEATURES

Completely Open Source.

Get up & running withina day & get your PoCdone faster than ever.

High security withmining or permissionedconfigurations.

Easy to let anyone getread only access fordata verificationwithout involving you.

No need to understandthe underlying architectureto get the PoC done. Justfocus on your use case& applications.

Easy to update &maintain with APIs& Libraries.

Easy to integrate withother businesses forexternal use if needed.

XRK - FUEL FOR RECORDSKEEPER BLOCKCHAIN

XRK

XRK

XRK

XRK


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1. IntroductionXRK are the native tokens of RecordsKeeper Blockchain which are tracked on a peer-to-peer network. XRK tokens behave as an economy to power the entire system. Users pay the records upload fee using the XRK tokens which gets delivered to the miners for mining the Block and securing the Blockchain. This utility token fuels the ecosystem and ensures it runs as a win-win for everyone including the XRK holder, user and miner.

2. Usage and Role of XRK TokensSince RecordsKeeper Ecosystem/Platform is fueled by XRK tokens which work as a GAS to upload the data/records in RecordsKeeper Blockchain, the usage of XRK tokens is for using it as fees only for uploading the data/records in RecordsKeeper Blockchain and rewarding the miner for mining a Block. Currently the upload fees is 0.1 XRK/KB. So for 1MB of data you have to pay around 100 XRK as a fee.

3. XRK MiningRecordskeeper follows an open POW model for asset mining similar to Bitcoin. Despite the proliferation of innovation (and, in many cases, pump and dump schemes), Bitcoin maintains its position as the predominant cryptocurrency. The obvious reason is because a large number of individuals and businesses already hold or accept the Bitcoin currency.

However, there is also a significant network impact in terms of mining. Bitcoin is the cryptocurrency backed by the most mining power, making it the most secure against 51% attacks. This gives it the highest perceived value and therefore the highest market capitalization. This approach of protecting the Blockchains is very difficult for early stage projects with PoW based mining, because the Blockchain can easily be overpowered by using massive computing power in the initial phases. The solution lies in a constraint on the number of blocks which may be created by the same miner within a given window. MultiChain implements this scheme using a parameter called mining diversity, which is constrained by 0 ≤ mining diversity ≤ 1.

The validity of a block is verified as follows: 1. Apply all the permission changes defined by transactions in the block in order. 2. Count the number of permitted miners who are defined after applying those changes. 3. Multiply miners by mining diversity, rounding up to get spacing. 4. If the miner of this block mined one of the previous spacing -1 block, the block is invalid.

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In Recordskeeper, the first few blocks of a chain define a “setup phase”, in which a single administrator is able to control the Blockchain, until block number 4204800 where the consensus admin is available. Only the admin can add a miner to the community. After this block, the mining community will be open for everyone. The 51% chance of attack will also be kept in check by maintaining a mining diversity of factor 0.2. Which means, if there are 100 miners in the community and a miner mines a new block he/she will have to wait for 20 blocks to be mined before he/she can mine another one. By not letting a miner mine a continuous series of blocks, we will be limiting him/her from overpowering the Blockchain, or manipulating the transaction data.

4. XRK Mining RewardsEvery newly added miner will get a reward of 10000 XRK coins in their coinbase account at the time of joining. Miners will also get a reward annually for supporting and promoting the community. 10 million XRK coins from the preminted supply will be distributed equally among the miners for this.

XRK Tokens can be mined using Proof-of-Work algorithm, cloud servers, local computers and servers.

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36,000,000 XRK to be distributed in private-sale (Phase 1) (unsold will be rolled over in public sale)

24,000,000 XRK to be distributed during the open presale and public sale. Click here to jump to the Token sale dates section.

Through miners, RecordsKeeper Blockchain is adding 10 XRK every 15 seconds (average). These 10 XRKs are awarded to the miners for adding a new Block onto the Blockchain.

There are also 300 million premined XRK tokens owned by the company. By the time of this writing there are approximately 302 million XRK in the RecordsKeeper Ecosystem (300 million Pre-mined and 2+ million mined by miners) and more XRKs are getting mined through RecordsKeeper Blockchain miners.

5. Token Economy

55% Reserved by Company

20% First Token Sale (This Round)

20% Founders, Employees & Staff

2.5% Advisors, Security Bug Bounty

2.5% Airdrop, Marketing (ICO Bounty)

100%

Pre-mined supply is broken down as follows:

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RECORDSKEEPER BLOCKCHAIN - THE UNDERLYING TECHNOLOGY1. Approach (POW/POS)RecordsKeeper Blockchain builds upon the existing system provided by Mutichain technology. Multichain effectively provides the solution for privacy and integrity management. RecordsKeeper aims to provide a public offering for a Blockchain with hardened security and authenticity. We approach the current challenges for record management by providing a decentralized ledger to verify and transact all the records. RecordsKeeper provides a ledger which is based on permissions instead of traditional Proof of Work algorithm. If a user wants to connect with a node, they have to sign a message and send it as an additional check for holding the private key, if all the nodes approve the authenticity can the user connect the RecordsKeeper ledger thus, in turn, providing an extended handshake with the RecordsKeeper ledger.

Once the access is granted to connect to the ledger, the user can upload data by creating the stream and share the data with other parties by initiating a transaction. The user is allowed to create an open or closed stream. Open streams are writeable by anybody who has permission to send a Blockchain transaction which can be used by government agencies to verify KYCs. Closed streams are restricted to a changeable list of permitted addresses/nodes which can be utilised by organizations to control compliance for employees.

While reading permissions are granted to all the permitted users, writing permissions will be controlled by the consensus of the parties involved. All the permissions of the root node for RecordsKeeper ledger will be propagated to any additional nodes added to the system.

The traditional Blockchain systems rely heavily on the Proof of Work algorithm where the miners with the available computational capabilities are allowed to confirm the transactions with RecordsKeeper Blockchain, we embed the permissions based consensus where the additional miners are added to the system when the group of defined miners agree. The challenge with the RecordsKeeper Blockchain is the possibility of malign miners who could overpower the network. This problem is avoided by providing a stake of consensus for admin over the mining consensus. This consensus by admin will be available till block number 4204800.

We also use mining diversity as a mean to keep a single miner from taking control of the network. The round robin approach for mining allows a certain miner to mine only after a certain number of blocks has been passed in the network. Once the miner is added to the network, they can work with the system with a traditional Proof of Work approach, but the authenticity provided by RecordsKeeper avoid the challenge of overpowering the network.

2. TransactionRecordsKeeper provide the users the ability to send, create, issue, publish and revoke transactions. Apart from that, RecordsKeeper also allows the users to publish the data to multiple recipients. For example, organization want to share the data with every employee then you can use the RecordsKeeper stream to upload data and later use RecordsKeeper ledger to grant permissions to all the users you want to have access. Transactions can also be signed and published from a hardware wallet. RecordsKeeper Ledger works with OP_RETURN metadata thus all the wallets compatible with same can be used to work with RecordsKeeper. The management and publication of streams work with transactions. The new asset permissions are only granted to the admins.

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RecordsKeeper also supports multi currency transactions where you can send and receive multiple assets in a single transaction. These kinds of transactions are heavily useful for delivery-vs-payment systems where the payment is made simultaneously with the delivery of the required assets/records. A prime use case could be for validation of credentials where the parties involved can send a partial transaction with validated records to the user. Later the user can append the transaction with the assets/payment and send back to the counterparty. Once the transaction is validated, it can be broadcast to the RecordsKeeper ledger to make it permanent. This whole process can be conducted even outside the nodes to establish more trust.

3. AssetsA transaction in RecordsKeeper represents an issuance of a new asset. In Bitcoin, every transaction contains the quantity of Bitcoins contained within the outputs. If a transaction has more number of output coins compared to the input, the transaction is rejected by the network. This kind of behaviour is achieved as all the nodes in the network tracks the number of coins available on unspent output addresses. The result is the presence of transactions over the Blockchain network provide confidence to its users about the accuracy of the quantities involved. To provide tokenization assets over the Blockchain similar to Bitcoin, we use the metadata supported in transactions but this metadata is not as securely bonded as compared to the Bitcoins quantity. If we try to create tokens over this metadata then we won’t be able to track them unless we have a fully synced node. This will nullify the concepts for lightweight wallets and increase the load for the nodes.

RecordsKeeper Blockchain embeds the assets with transactions. The transactions are verified by calculating the total number of assets present in the transaction. Moreover the permission based system in RecordsKeeper ledger prevents malign or unauthorized nodes for creating assets over the Blockchain.

4. SecurityPrivacyA traditional Blockchain like Bitcoin is publicly readable by all the participants. Although this helps to create a decentralized system by reading other participants transaction history through their public addresses, this might not be desirable for certain use-cases. RecordKeeper’s ledger allows privacy for these use-cases by enabling the participants to transact under many different addresses. This avoids any party involved in RecordsKeeper ledger for gaining the transaction history of counterparty.

RecordsKeeper users are also allowed to move the records between their multiple addresses to avoid any additional pitfalls. In the future, we aim to support cryptographic techniques like zero proof which will enable the users to have a secure part of Blockchain over RecordsKeeper ledger.

ImmutabilityThe notion of immutability is defined by the conditions under which the immutable asset can not be changed. For example the Bitcoin network can be undermined by a 51% attack where the holders of majority mining power can rewrite the history of the complete chain. RecordsKeeper Blockchain is built upon the mining diversity where the permissioned miners are rotated within an algorithm. Moreover, to build up community and avoid network overstake, RecordsKeeper Blockchain is configured to use admin consensus to add a new miner to the network. This provides immutability from a powerful miner in taking control over the Blockchain.

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EncryptionRecordsKeeper allows users to encrypt data before sending over the stream. In certain use-cases, a user can create 3 streams of data to hold symmetric keys encrypted by public keys, transaction details and the data shared across the network which is encrypted with symmetric keys. This process will allow users to share the symmetric keys between the permissioned users and seamlessly share data over the RecordsKeeper Blockchain. In addition, the organizations can use a thin encryption layer to hide the network activities of their organization.


RecordsKeeper offers a Light wallet with at focus on scalability and performance. The Light wallet gives the users the ability to create, store and receive records/assets from the RecordsKeeper Blockchain. The Light wallet offers following features: The transactions are stored in memory on disk in a suitable format and retrieve when needed. The transactions are indexed by specific criterias and this removes the need for full wallet scans. If the size of the transaction is 256 bytes or more then it is not stored in the wallet. The wallet contains a pointer to the metadata present in Blockchain. This helps to improve the performance.

Bitcoin’s core wallet is also supported with RecordsKeeper Blockchain but we won’t recommend if a large amount of data is to be recorded on the RecordsKeeper ledger. Bitcoin wallet stores all the transactions relevant to a particular node. This way of storing the transaction will slow down the performance of the wallet over time. For example if you exceed 20,000 transactions for a node, there will be to a drastic change in the performance of the wallet.In the future we will also launch wallets supporting stream databases. Thus users will be able to create, upload and share the data through mobile wallets over the Blockchain.

RECORDSKEEPER (XRK) LIGHT WALLET

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RECORDSKEEPER (XRK) ECOSYSTEM

1. User Community and RewardsRecordsKeeper is an open public record management platform which is truly based on the community support assistance. Users are encouraged and rewarded on using the RecordsKeeper Blockchain. Users are handsomely rewarded annually, whether a miner or initial adapter for the RecordsKeeper Blockchain. Users will be awarded RecordsKeeper tokens at certain intervals which will be announced on the RecordsKeeper website.

2. Dev Community and RewardsSupporting the Open Source community, RecordsKeeper is completely public to all. We support additional feature requests and work with developers throughout the world. The developers are allowed to fork our codebase to make changes necessary for the Blockchain.

The developer can work on the codebase to add additional security, functional or decorative features for the ledger. After updating and testing the code on their end, developers can initiate a merge request, If approved, they will be awarded a certain number of calculated RecordsKeeper tokens. The amount of tokens will be announced on RecordsKeeper website.

3. Business Community and RewardsBeing a public ledger, RecordsKeeper is open for business adoption. RecordsKeeper tend to solve many major problems of traditional businesses. The early adopters will have advance permissions and advantages in using the RecordsKeeper Blockchain. The community support and rewards for businesses will be posted on the RecordsKeeper website.

USE CASESRecordsKeeper platform is designed to reduce the need for duplication and verification of data. The advantage of using Blockchain helps RecordsKeeper to support and function in multiple units. Some of the core industries which could benefit from RecordsKeeper are discussed below:

IMMUTABILITY, INTEGRITY & NON REPUDIATION 15


INSURANCE RECORD KEEPING

This use case addresses improvements in the operational functions of an insurance company. It also helps in improving their dealings with intermediaries, providers, and policyholders resulting in an excellent customer experience, enhanced product value, and also helps in laying the groundwork for greater customer choice in the market. The overall motive behind this is to improve operational effectiveness, decrease costs, and further strengthen the relationships with the insured.The following can be achieved with a structured storage:

1. Moving towards interoperable, comprehensive recordsThe added security and ability to establish trust between entities are the basic two reasons why RecordsKeeper can help in solving the interoperability problem better than today’s existing technologies.2. Detecting fraud more effectivelyWhen fraudulent information is submitted to insurer through false claims, by falsified applications, or through other channels, RecordsKeeper can help in determining whether the submission is indeed valid or not.3. Improving provider directory accuracyThe technology's decentralized consensus can be leveraged by the unique provider directories to allow providers and insurers for easy and quick update listings.4. Simplifying the application process by making it more client-centricProviding an easier-to-access, more comprehensive set of insurance records on a Blockchain can help in infusing comfort and peace of mind into what, for many, which is now an intrusive and often discouraging application process.5. Facilitating a dynamic insurer/client relationshipElectronic records securely stored on a Blockchain could be the foundation for integrating a wide variety of wellness-related behaviors into the insurer/client dynamic.

User orSmart Asset

Records KeeperStream Approved Claim

Covered Medical Diseases

Coverage Item Included

Claim Histroy

Insurance Info

1A

1B

2

3

4A

4B

M

User ManualReview

Genric InsuranceClaim Verify by

Insurance Company

Records KeeperLedger

Loss Assesment

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In today’s digital society, everyone is concerned about the privacy and security of personal data, especially in health care. So we need higher transparency in medical information, patients privacy and reducing possible security breaches. People nowadays are faking their health status and problems in claiming health insurance while some also fake medical cases to claim fraudulent money. These cases when taken to the court, turns into complications due to lack of judicial system assertions. RecordsKeeper enables the sharing of information on a secure, tamper-proof and indelible platform. Nothing can be tampered or fraudulently conveyed over the RecordsKeeper ledger. Once the record is saved, it is easily verifiable, stays in system and easily accessible.

Almost all enterprises have document verification needs, either for customer KYC or employee/vendor verifications. RecordsKeeper solves this use case perfectly, without the need to maintain physical documents. The authenticity of these documents can be easily verified because of the nature of the Blockchain. RecordsKeeper streams can maintain records of various identification cards, which can be shared and verified when required by any enterprise unit or the government agencies.

HEALTH RECORD MANIFEST IN JUDICIARY

ENTERPRISE KYC NEEDS

AadharUser


Decryption

Encrypted Storage

Encryption

Records KeeperStream Version 1



Banks

Govt.Agencies

Organisation

Telecom

ID Verification

Types of KYC Format

Verify KYC

Access ManagementTime Based RetrivalOne Time Retrival

Permission Module

Records KeeperStream Version N

Medical Records

User

Decryption

Encryption

MedicalFacilities


Encrypted Storage

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Employers face a major hurdle in hiring employees, when they require to verify candidates credentials. A survey made by one of the largest online job finder sites, CareerBuilder, states that a staggering 58 percent of employers have caught a lie on the resume of individuals. A separate report on the 2015 hiring outlook done by HireRight, a company majorly offering global background checks, employment verification services, and drug testing show that screening uncovered lies or misrepresentations on a resume is required for 86 percent of employers. There is no doubt that resume accuracy is a common problem in current environment and the effort required to verify credentials, impacts on the hiring process and costs employers, time and money. This is where RecordsKeeper will increase transparency and address frauds in employee credentials.

One of the most tempting features of Blockchain from the compliance perspective is its practical immutability. As soon as data is saved onto the chain, it cannot be modified or removed. This is one of the major feature making Blockchain used as the document or proof for the transfer of any digital asset.RecordsKeeper tends to apprehend pain points for financial institutions and regulators. Saving one shared permanent record on the Blockchain will reduce the need for duplicacy, thus elevating the need for both financial firms and regulators, ultimately which can turn up as tremendous cost saving for the entire industry. It would also expedite the regulatory review process since there would no longer be a need for reconciliation. A business unit can monitor regulatory feeds and update their records based on regulations in the RecordsKeeper Blockchain. Each compliance document is either acknowledged or dismissed based on the regulations. Every approved document is stored in the RecordsKeeper ledger and can be shared and verified when required.

EMPLOYEE VERIFICATION

CORPORATE COMPLIANCES

Business UnitMonitor Regulatory

Feeds fromOrganization

ReviewRegulationsCompliance

Records KeeperStream

Acknowledge / Dismiss Compliance

Update AssessImpact


Reporting

Legal lawExpets

Approved

Create RecordsAssign OwnershipRequest AssesmentImpact

AssessReports

1A

1B2A

2B

3

4

User

User UploadCredentials

Verify Records


Decryption

Encrypted Storage

Encryption

Credential ProvidersVerify

Review

Update ByUser

Confirm Records

EmployersEmployerscan Access

Records

1

2A

2B

3

4

5

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For any high value property (real estate, cars, art) it is important to have accurate records which could identi-fy the owner. These records are used to protect owners' rights, i.e., in case of theft, helps in resolving disputes, makes sure of whether ownership is correctly transferred to a new owner after the sale and helps in preventing sale fraud.

Thus, it is necessary to maintain correctness, as well as completeness of this information to avoid unautho-rized and fraudulent changes.Currently, people have to rely on a trusted third party. For example, a government agency might be responsi-ble for keeping track of ownership information.Sometimes, these records are not preserved in a systematic way. RecordsKeeper solves this problem com-pletely, as it provides a complete way of sanctioning, approving and saving all sorts of asset information which can never be falsified or altered.

Identification documents or licences verification is a tedious but mandatory job for all citizens. These documents can easily be faked, which has a direct impact on a number of government agendas, for example governments are not able to implement health or food policies efficiently due to incorrect data recorded. RecordsKeeper can effectively be used as a solution for this problem, records with proper and unalterable information can be saved over the RecordsKeeper ledger which can be easily accessed when required.

LAND OWNERSHIP RECORD KEEPING

GOVERNMENT REGULATIONS

User


Decryption

Encrypted Storage

Encryption

Records KeeperStream for Owner

Records KeeperStream for National ID

Records KeeperStream for PAN

Banks

Govt.Agencies

Organisation

Telecom

ID Verification

Licence Verification

Verify KYC

Access ManagementTime Based RetrivalOne Time Retrival

Permission ModuleRecords Keeper

Stream for Licence

LawEnfercement

Insurance

Businesses

Records KeeperStream for N

Real EstateRegistors

ReviewRegulationCompliance


Acknowledge / Dismiss Registry


Reporting

Approved / Dismissed

AssessReports

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This information is safe with RecordsKeeper as the digest of the document is saved in the ledger which when altered, gets completely changed making the verification process effortless. RecordsKeeper platform aims to significantly reduce the time and resources spent on cross verification of the identification documents.

Data sharing has always been prone to attacks, hackers are always present in a search for ways to hack any data through means of channel diversion or accessing the encrypted transferred data. RecordsKeeper can be used for creating a system which will help in sharing data over the network securely. This system, will encrypt the file with receiver’s public key before sharing. Once the receiver receives the file, they can decrypt it using their private keys. At each stage, the RecordsKeeper will maintain the metadata of the file and keep track of all the changes made in it. Thus, both the parties can verify if a document has been manipulated or not.

TRUSTLESS FILE SHARING

VERIFY ACADEMIC CERTIFICATIONS

EducationalAuthority



Acknowledges onUpdates Certificate

Approved & Updated

ReportingTools

1

2

3

User

UploadCertificate

User A Encryption

File SharingAPIs Decryption

User B


EncryptedStorage

1

2

3

4

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Academic certificates can be easily issued and verified using RecordsKeeper ledger. The educational authorities issue a certificate and give the user a receipt which they can share with any third party to prove the authenticity of the certificate. When the third party receives this receipt, they can easily check it’s authenticity on the RecordsKeeper ledger.

RecordsKeeper can help improve the supply chain management in following ways:

Each unit has a set of compliance which needs to be followed. RecordsKeeper, can make sure that complianc-es are being followed, throughout the process. At each unit, the current status of the supply and it’s related compliance is approved and recorded in the ledger by the concerned unit, thus helping in maintaining trans-parency among all units. The RecordsKeeper will maintain copies of receipts, orders or notification etc and will make sure that their integrity is maintained. RecordsKeeper helps you set the rules for recording the data thus you can set the compliance conditions and only when the conditions are meet, RecordsKeeper will allow the user to share the data.

Recording the quantity and transfer of assets - like pallets, trailers, containers, etc. - as they move between supply chain nodesTracking purchase orders, change orders, receipts, shipment notifications, or other trade-related documentsAssigning or verifying certifications or certain properties of physical products; for example determining if a food product is organic or fair tradeLinking physical goods to serial numbers, barcodes, digital tags like RFID, etc.Sharing information about manufacturing process, assembly, delivery, and maintenance of products with suppliers and vendors

SUPPLY CHAIN MANAGEMENT

Law Legal Expert

Supplier Procurement Prouction / Distribution Retailer / Distribution Consumer


Access Impact

Records Keeper

Ledger

Reporting

Acknowledge on DismissA Bill, Receit,

Record, Tax etc.

Business Unit

1 2 3 4 5

Each unit can access theLedger Via the

reporting tool Thus Maintainingtransparency among units

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TOKEN SALE

IntroductionRecordsKeeper will be conducting XRK token sale for end user to buy XRK tokens in advance for using it later for uploading the records into the RecordsKeeper Blockchain. There will be total three phases of sale spread over two months (June and July).

TOKEN SALE PHASES AND DATES

Phase 1: Private-Sale (9 AM UTC, 24 May 2018 - 9 AM UTC, 6 July 2018)In this phase the company will be selling 36,000,000 XRK to buyers and enthusiasts with some early discount. This phase will begin at the time of announcement of the Token sale and will end on 6 July 2018. Discount on the token price will depend on the participation volume and the order of contribution. The earlier contributors will get more discount than the late comers. Phase 2: Whitelisted Pre-Sale (9 AM UTC, 4 July 2018 - 9 AM UTC, 6 July, 2018)In this phase company will allow 300 high volume online participants to participate in the Token sale between 9 AM UTC, 4 July to 9 AM UTC, 6 July 2018. Only whitelisted participants with proper KYC with contribution volume 1 BTC and above will be allowed in this period. The participants in this phase will get flat 25% bonus on the public-sale XRK token price.

Phase 3: Open Public-Sale (9 AM UTC, 7 July 2018 - 9 AM UTC, 22 July, 2018)In this phase company will allow anyone with confirmed KYC to participate in the Token sale between 9 AM UTC, 7 July to 9 AM UTC, 22 July 2018. RecordsKeeper hold the rights to close the token sale early incase all the available XRK tokens have been sold or till the hard cap is hit whichever is earlier. In this phase first 3 Million XRK buyers will be getting 10% bonus, second 3 Million XRK buyers will get 8% Bonus and then next 3 Million XRK buyers will get 6% bonus Tokens. No bonus will be given to the participants after that.

Token Price and Contribution CurrenciesThe token price for the public sale has been kept as 20,000 XRK/BTC. During the Token sale 6 major currencies will be accepted via RecordsKeeper Tokensale dashboard. These are BTC, ETH, XRP, LTC, BTG, BCH.

Token DeliveryTokens will be delivered within 30 days of ending the token sale to the XRK address of the participants provided at the time of KYC.

KYC For ContributionCompany will be conducting online KYC for each participants before they can participate in the Token sale via RecordsKeeper Token sale dashboard.

We will follow all the industry standard to avoid any malicious activity in our token sale.

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FUND USAGE PLANSCurrently RecordsKeeper is boot strapped since last two years and we believe we moved very slow due to that. With the raised fund the company will be able to accelerate the growth in all the fronts including, development, user acquisition, sales, marketing, community building etc.

The major focus of the company will remain in community engagement, adding more open-source con-tributors and organizing more developer events to make sure we build faster and create an entire open ecosystem of data security using Blockchain.

The below will be the break up of usage of raised funds.

30% Blockchain Scale and Development20% R&D20% Contractors and Salaries15% Marketing and Promotions15% Legal, Licenses and Admin

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XRK OVERVIEW

USER 1

RecordsKeeper BlockchainMiners

Miners Confirm Transactions by adding

a New Block

Pay Tx Fees in XRK

XRK

XRK Wallet

Tx ID / Record Key Sharedwith other Users

USER 2

UploadRecords

Miners Earns Tx Fees& Block Reward for Mining

User Acquires XRK Tokensin the Wallet

1

2

3

4

5

XRK

XRK

XRK

XRK

XRK


IMMUTABILITY, INTEGRITY & NON REPUDIATION 24

RECORDSKEEPER ROADMAP & TIMELINE

December 2016Launched the RecordsKeeper

Private Blockchain.

March 2017Launched Open RecordKeeping Platform with Document Management System.July 2017

Added native assets as fees model in RecordsKeeper.

September 2017Developed tools for developers, Wallet, MultiSig Wallet, Demo, Libraries etc.February 2018

Launched RecordsKeeper Testnet using XRK tokens &

Opensource Demos. April 2018Launched RecordsKeeper Mainnet using XRK tokens, Made everything public & opensource.May 2018

Announced Token Sale.

July 2018Mobile SDKs & DesktopWallets Launch.

November 2018POC for Public use Implied

with Ten Improvements.

January 2019Corporate & Government on Boarding, Data Constraints Implemented.July 2019

Moving to POSfor Mining.

XRK

XRK


TEAM

Toshendra Sharma - Founder & CEOToshendra is an Application Security Researcher since last 10 years. He has Graduated from IIT Bombay in Application Security, Toshendra has been featured in Forbes Asia's 30Under30 List of 2018 in Enterprise Technology. Founded Mobile App Security Company in 2011.

Rohendra Singh - Founder & CTOTechnologist, DevOps Expert with 10 years experience in developing large scale security products. Developed SaaS based scalable products & lead 50+ people tech team. Ex-VP Engineering at Wegilant (Appvigil).

Pankaj Bhatia - VP - Sales & Marketing12-Years Experiences in Banking and Wealth Manage-ment, managing Ultra HNI Clients and Large Corporates for financial Planning and Wealth management.

Mayank Vijh - Lead Developer6+ years of Experience in Developing scalable backend system using C++. Built many tools based on Blockchain from scratch. Bitcoin API expert & passionate about Open Source.

Michael L Gord - Marketing AdvisorFounder of MLG Blockchain. An entrepreneur and full stack software developer focused on changing the world by building next generation decentralized applications using blockchains and smart contract technology.

Marc Ellul - Legal AdvisorMarc X. Ellul has 25 years’ experience as a Gibraltar lawyer. He is the Managing Partner of Ellul & Co. (www.ellul.gi) and heads the firm’s fintech team. He has been a member of the Gibraltar Finance Centre Council for the past 10 years. He was also Chairman of the Company Law Reform Committee which updated the Companies Act in 2014 and he formed a part of team which drew up the AML guidance notes for Gibraltar lawyers.

Andrew Freedman - Strategic AdvisorDrew Freedman is the Founder & CTO of Investfeed. He is the main architect and technical lead of the investFeed community. Prior, Drew began his professional career as a full stack web developer and brings over 10 years of experience in technology.

LinkedIn: https://www.linkedin.com/in/toshendra/

LinkedIn: https://www.linkedin.com/in/rohendra/

LinkedIn: https://www.linkedin.com/in/pankaj-bhatia/

LinkedIn: https://www.linkedin.com/in/mayank-vijh/

LinkedIn: https://www.linkdin.com/in/mgord/

LinkedIn: https://www.linkedin.com/ inmarc-elul-ba734a28/

LinkedIn: https://www.linkdin.com/in/andrewfreedman3/

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RecordsKeeper Blockchain Explorer (Mainnet) https://explorer.recordskeeper.co/

RecordsKeeper Blockchain Explorer (Testnet) https://test-explorer.recordskeeper.co/

XRK Mining Guide https://recordskeeper.readthedocs.io/en/latest/minningguide.html

XRK Web Wallet https://wallet.recordskeeper.co/

XRK Testnet Faucet https://faucet.recordskeeper.co/

Blockchain Statistics https://stats.recordskeeper.co/

Live Demo https://demo.recordskeeper.co/

Tech Documentation https://docs.recordskeeper.co/en/latest/

Github https://github.com/RecordsKeeper/rk-prod-site

Help Center https://help.recordskeeper.co/

http://www.systemware.com/three-challenges-in-records-management/

https://www.multichain.com/download/MultiChain-White-Paper.pdfS. Nakamoto. Bitcoin: A peer-to-peer electronic cash system, (2009).

https://bitcoin.org/bitcoin.pdf.

https://www.multichain.com/download/MultiChain-White-Paper.pdf

https://www.multichain.com/developers/native-assets/

IMPORTANT LINKS

REFERENCES

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DISCLOSURES

CORPORATE GOVERNANCE Corporate Governance PrinciplesThe Company has adopted a set of six key principles to guide the behaviour of its management team. This will assist us in achieving its commercial objectives, those of the RecordsKeeper and in striving to comply with best practice at all times. LeadershipThe Management Team shall lead with the intent of meeting our commercial objectives and those of the RecordsKeeper in the short and the long term. Ethics, Honesty and IntegrityThe Management Team shall ensure that the business of the Company is conducted in an ethical, fair and transparent manner. The Management Team shall act with honesty and integrity in their work and also in their personal lives. CapabilityThe Management Team shall have an appropriate combination of knowledge, skills, qualifications and experience to enable them to discharge their duties and responsibilities effectively and to the highest standards. SustainabilityThe Management Team shall guide the business of the Company to create value and allocate it fairly and sustainably to ensure that adequate financial and non-financial resources are maintained. AccountabilityThe Management Team shall be accountable and shall communicate to stakeholders at regular intervals, a fair and balanced assessment of how the Company is meeting its business commercial objectives and those of the RecordsKeeper.

ReputationThe Management Team shall ensure that they uphold and protect the interests of the communities in which the RecordsKeeper operates and safeguard the reputation and integrity of Gibraltar and of the global Blockchain community.

Internal corporate governance controls, policies and proceduresThe above key principles, serve as a good governance guide to the Management Team. In addition, the Company has a range of policies which assist it in adhering to the highest standards. These include:

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Anti-Financial Crime Policy – This includes a methodology, in full compliance with Gibraltar law (EU standard) to prevent money laundering, terrorist financing, bribery and corruption and to report suspicious transaction to the Gibraltar authorities.Customer Due Diligence Measures Policy – This includes a methodology (to EU standards) to risk assess our clients including an approach for individuals and all types of legal entities. GDPR-compliant Data Protection Policy – We take data protection very seriously and have implemented a policy to handle customer data which complies with the EU General Data Protection Regulation will come into effect on 25 May 2018.

DISCLOSURES AND LEGAL? Contents of this WhitepaperYou must read the contents of this Whitepaper carefully before participating in the XRK token sale. The contents of this Whitepaper are not used for financial promotions. No entity other than the Company can engage in issuing RecordsKeeper (XRK) tokens which are intended to operate and function in accordance with the plans described in the Whitepaper (subject to development changes). Sale of XRKThis Whitepaper and any other documents published in association therewith relate to a token offering for the sale of XRK in respect of the intended development and use of the RecordsKeeper Blockchain as more particularly set out herein. No offer of regulated productsThis Whitepaper does not constitute an offer or solicitation of securities or any other regulated product, nor a promotion, invitation or solicitation for investment purposes. The terms of the purchase of XRK are not intended to be a financial service offering document or a prospectus. The sole purpose of XRK is to access the RecordsKeeper Blockchain and the related products and services as described in this Whitepaper. XRK does not represent equity, shares, units, royalties or rights to capital, profit, returns or income in the platform or software or in the company or in any other company or intellectual property associated with the RecordsKeeper Blockchain or any other public or private enterprise, corporation, foundation or other entity in any jurisdiction. XRK tokens are not intended to represent a security or similar legal interest and are not an investment product.

No adviceThis Whitepaper does not constitute advice to purchase XRK and must not be relied upon in connection with any contract or purchasing decision. Risk warningsThe purchase of XRK carry significant risks. You should carefully assess this Whitepaper and all risks related thereto before purchasing any XRK.

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Obtain all necessary professional adviceYou should consult a lawyer and/or accountant and/or tax professional (as required) before deciding to purchase any XRK.

This Whitepaper describes a project in developmentThis Whitepaper contains forward-looking statements which are based on the beliefs of the Company, certain assumptions made by us and information available to us. Although the project described in this Whitepaper is live and ready for production use it is currently under development and is constantly being updated, including but not limited to, its technical features. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this document is or should be relied upon as a promise or representation as to the future. XRK relate to the development and use of experimental software and technologies that may differ significantly from the objectives specified in this Whitepaper.

Licences and approvals are not assured in all jurisdictionsThe Company intends to operate in full compliance with applicable laws and regulations and obtain the necessary licences and approvals in key markets. Therefore, the development and rollout of all the features of the RecordsKeeper Blockchain described in this Wwhitepaper are not guaranteed. Regulatory licences and/or approvals are likely to be required in Gibraltar and, potentially, in a number of relevant jurisdictions in which relevant activities may take place. It is not possible to guarantee and we, and no member of its Management Team nor its Advisers, makes any assurances that any such licences or approvals will be obtained within a particular timeframe or at all. It is, therefore possible that some features of the proposed RecordsKeeper Blockchain may not be available in certain markets, or at all. This could require restructuring of particular aspects of the platform and/or may result in its unavailability in whole or in part. Views of the Company onlyThe views and opinions expressed in this Wwhitepaper are those of the Company and do not reflect the official policy or position of any government, quasi-government, authority or public body (including but not limited to any regulatory body of any jurisdiction) in any jurisdiction. Information contained in this Wwhitepaper is based on sources considered reliable by us but there is no assurance as to their accuracy or completeness.Blockchain or any other public or private enterprise, corporation, foundation or other entity in any jurisdiction. XRK tokens are not intended to represent a security or similar legal interest and are not an investment product.

RISK FACTORSThe following are risk factors you should be considered w.r.t relating to the the XRK token sale, the RecordsKeeper Blockchain and the projects to be undertaken in this regard.

XRK may be significantly influenced by digital currency market trends and their value may be seriously depreciated due to events in the digital currency markets not related to the Company’s actions.The RecordsKeeper Blockchain will comprise a complex software platform and any unforeseen development issues / barriers may affect the launch. and its launch may be delayed due to unforeseen development barriers.

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Competition may introduce the same or better solutions to the RecordsKeeper Blockchain as a whole and may cause XRK tokens to lose market share and eventually fail to deliver on its business goals and on those of the RecordsKeeper Blockchain.Digital currencies are extremely volatile and XRK may be affected by suffer from such volatility.International laws and regulations may render the trading of XRK impossible.The use of XRK may come under the scrutiny of governmental institutions and regulatory authorities.The ownership of XRK may fall under new and unpredicted taxation laws that may erode their benefits.The Company may not succeed in creating the necessary momentum and acceptance for XRK or the RecordsKeeper Blockchain which may result in low liquidity and depletion of trades.

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