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Whitepaper Version 1.11

April 2018 ©PingPaid Co.

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TABLE OF CONTENTS

Abstract 3

Our Philosophy 3

Introduction 4

PingPaid BETATM 5

Tag-and-Querying™ 6

More on PingPaid BETATM 7

Token Mechanics & Value 8

Clearing Cycle 9

Initial Coin Offering 10

Roadmap 11

Our Team 12

Security 15

Disclaimer & Risks 16

References 17

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Abstract

PingPaid, formulated to solve the problems that plague the

trustless transfer of assets, is a unique payment solution

that will revolutionize the way we transact, by bringing

practicality and security to “Trade and Value” transactions.

PingPaid is an easy to use, working platform and protocol

that allows parties to secure and transact payment for goods

and services using a secured and advanced modular control

program. We put power and ease in your control as

merchant and consumer. You can define terms, agree to

terms, and use PingPaid’s unique technologies to accept the

terms defined. PingPaid takes “Smart Contracts” to the next

level. We have focused on simplicity and effectiveness; this

is the future of asset transactions using blockchain.

Blockchain is a revolutionary technology that will find itself

in so many different applications in our lives. Blockchain

technology has already begun to make an unmatched

impact on the digital age; no technology holds a greater

potential for humanity. PingPaid is capitalizing on this and

positioning ourselves as the premier choice for conducting

various forms of transactions on the blockchain. Value

transfer is the primary application of the Blockchain.

Even with its growth potential, there is a lot more work to do in this space.

Our Philosophy

We want you to be able to rent your property, to create

customizable and personal contracts and not have to worry

about things going wrong or not receiving your service or

being paid. We have effectively created and executed our

platform and will continue to expand our unique platform

that allows value to be transacted using cryptocurrency

assets. There are many applications for PingPaid, and we

have working services that display the use for the unique

combination of blockchain and decentralized escrow.

We have implemented various strategies and concepts,

including the unique use of QR codes, secure cryptography

in our security systems, escrow agreements, and the

Ethereum Smart Contract platform. We want to introduce

the power of Blockchain to the entire world and bring to you

the best transactional platform and protocol – PingPaid.

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Introduction

What happened when banks lost the money you entrusted

them with during the global economic crisis of 2008? A

tumultuous stock market crash, a breached banking system

& a mortgage meltdown all were conducive to a ruinous

recession. People asked for an unbounded system- no central

control. Many wanted solutions to protect themselves against

any future financial crisis that may occur. The collapse of trust

between banks amid soaring inter-bank lending rates was the

epicenter of the crisis a decade ago and financial market

volatility soared to record highs amid fears for the stability of

the banking system at large. The answer came in 2008,

blockchain technology. The core of Bitcoin and blockchain

technology bestows trust through a decentralized protocol

that eradicates intermediaries. Blockchain is a decentralized

public ledger, the technological base for Bitcoin, Ethereum &

all cryptocurrencies alike.

Smart Contracts introduced by the Ethereum network is a

way to perform computer operations in a decentralized

manner. Smart Contracts employ an innovative solution to

many real world applications. Smart contracts use

algorithms to connect parties. As an integral element behind

the dynamic use of the PingPaid token, Smart Contracts

joined with backend algorithms create a payment and

procurement protocol and platform for cryptocurrencies.

PingPaid token is an Ethereum based token. According to

Forbes, ‘investment banks alone could save up to $12 billion

per year by adopting blockchain technology and Smart

Contracts, effectively a program code that automatically

performs certain actions when pre-defined conditions

occur.’

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PingPaid BETATM

PingPaid utilizes many unique features on its platform to

get you up and running. PingPaid Beta ™ allows you to rent

to guests and have guests pay by using cryptocurrency,

remit services, sell real world things like food and items, and

more using the power of the PingPaid protocol.

Bill (owner/host) lists his home on the PingPaid platform as a

rental. Bill specifies availability, and he can change these

dates anytime. When listing his rental, Bill can specify which

cryptocurrencies he will accept for booking. Bill will specify

whether he will require release of escrow funds upon first

Tag-and-Query (which would be upon guest’s arrival), or if

he will agree to have the funds released after the guest’s

stay has completed, based off of what other items or

amenities the guest has added to their stay using PingPaid

protocol and platform. This complex process happens

seamlessly using the PingPaid platform and protocol.

Using PingPaid, Bill can offer optional services to compliment

the guests stay, purchased with cryptocurrency. This allows

for seamless exchange of assets, and integrated

verticals for flexibly transacting real assets. PingPaid will

have countless applications, and we plan to offer an

Application Programming Interface (API) for open source

and private development on our platform. We want Smart

Contracts and secure payments to go hand in hand. The core

function of PingPaid allows you to create digital and live

invoices scanned with our unique QR code reader. Once

scanned, the client confirms their secured cryptocurrency

credentials for the releasing of assets. Some other

parameters are involved in this process.

The PingPaid protocol allows the processing of secured

transactions; both the merchant and client must hold

PingPaid tokens on the platform. This provides value for the

PingPaid token holders as it Is a vital module needed to use

the platform. As a merchant or client, you can create secure,

instant live invoices that require specific conditions for an

asset’s release. We have created PingPaid SettleUp ™ to be

decentralized and trustless, using Smart Contracts to

validate conditions of the agreement.

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Tag-and-Querying™

PingPaid functions on its core technology, the Tag-and-

Querying™ mechanism. We believe the blockchain

revolution does not have to be complicated, and asset

transfer is the best application for the Blockchain. Using our

mobile and desktop systems, the Tag-and-Querying™

allows merchants, property owners (hosts), consumers and

clients to have instant and secured asset transfers.

We want to put the power of decentralized trust in your

hands. After creating quotes, clients and hosts can scan a

unique QR code that only you as a merchant would be able

to provide on your end. In the case of hosting, you will reveal

this QR code once the guest arrives at the property. This

unique technology connects the host/merchant with the

guest/client.

Itemize everything, from restaurant menu selections to

vehicle sales, with pre-created Smart Contracts tailored to

specific use-cases.

Create unique conditions to release funds by enabling

escrow, and using unique QR Tag and Querying technology

provided by PingPaid.

Track, create, and manage itemized receipts for processing

using PingPaid, tailoring them to specific users or a

generalized consumer base.

Application Program Interface (API) is in development to

allow third parties to use PingPaid to create unique and

powerful smart contracts to revolutionize value exchange

on the Blockchain.

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More on PingPaid BETATM

Advanced remittance services and domain specific use creation

using the PingPaid protocol. Automatically purpose PingPaid

resources to meet your needs. The PingPaid protocol will allow

you to open up the PingPaid platform to any and everything.

Begin Now

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Token Mechanics & Value

PingPaid is a platform, powered by its token of the same

name. The PingPaid token (an ER20 Ethereum-based token)

will be used to pay the fees on the PingPaid platform.

PingPaid will allow asset transfer and security in various

different cryptocurrency assets. The roadmap will elaborate

how PingPaid will progress as a platform and show plans of

the platform and protocol. There are 75 million PingPaid

tokens. 60 million tokens are available in an ICO to invest in

and grow the platform. The ICO begins on July 1 2018.

Token Economics

PingPaid token holders pay NO FEES to use the PingPaid

platform and must use the PingPaid token on the

PingPaid platform in order to get this Benefit.

The PingPaid Clearing Cycle ensures that the PPD ecosystem propels the PingPaid token usage, through the platform and protocol. The PingPaid Clearing Cycle incentivizes the PingPaid token in the token economics, and provides the mechanism to utilize other cryptocurrencies without limiting the use of other assets. This encourages global cryptocurrency usage in the mainstream. The PingPaid token powers the platform, protocol, discount and loyalty programs.

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PingPaid Clearing Cycle

The PingPaid clearing cycle is a mechanism used in the

PingPaid token economics. The PingPaid clearing cycle is

what happens when a consumer uses the PingPaid platform

or protocol to complete a transaction. If the consumer uses

PPD tokens to complete the transaction, the clearing cycle is

completed. If a non-PPD token is used, the algorithm

automatically demands and deduces a fee of the

cryptocurrency used to complete the transaction from the

client’s account. The system automatically allocates a

certain percentage of the collected fees towards providing

discounts to accounts holding PPD (merchant or client). The discounts continue progressively as the system collects more and more fees. The discount levels increase respectively. The discounts are applied in all PingPaid PPD account holders after a certain threshold of collected amounts have been reached. We have many plans for the discount program. This can translate to being redeemable assets in the PingPaid token ecosystem. Theoretically, this allows PPD holders to enjoy massive benefits in the PingPaid ecosystem. Both merchants and clients are eligible to participate on the virtue of having a PingPaid account and being PingPaid token holders.

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Initial Coin Offering

We want to extend an opportunity to invest in the future

of this platform and protocol, which we see tremendous

growth opportunities for. PingPaid is offering 60 million

tokens out of its hard cap total coin supply of 75 million

tokens in a public ICO. The PingPaid token is an ERC20

token standard based on the Ethereum platform. The

USD$ value of the PingPaid token is $0.40-0.45 at offering,

putting the market capitalization of PingPaid in

TOKEN ALLOCATION

Development

Company

Marketing

Team

Legal

9%

its current stage at a maximum $33,750,000. The initial

coin offering will allow the platform and protocol to grow

and expand to reach our ultimate product development

goals, and as an investor in this project, you will hold a

unique stake because of the importance of the PingPaid

token in the platform economics. Any unsold tokens will

be placed in company reserves. You can navigate to the

roadmap section of this paper to see the extraordinary

growth verticals and targets PingPaid will hit in the

future. Bringing revolutionary blockchain asset transfer

to the mainstream and providing an invaluable service in

this space. To participate in the initial coin offering and to

10%

23%

33%

find out more specific details, please visit

http://www.pingpaid.com/

25%

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Roadmap

Q1 2018 Q2 2018 Q3 2018

Groundwork development for o PingPaid token generation

PingPaid Mobile event

Community survey events and o ICO announcements and

ICO formation whitelisting

Establishment of company o Public registration

structure and jurisdiction o Marketing and branding

Launch of Ropsten Testnet campaigns.

o PingPaid ICO launch

o Launch of V1 PingPaid mobile o PingPaid international market

development launch o Whitepaper and website

international expansion o Application Programming

Interface development v1

Q4 2018 Q1 2019 Q2 2019

o

o PingPaid token public market PingPaid Protocol integration o Company review report

launch rollout o New roadmap

o V3 platform launch o Launch of Clearing Cycle

o PingPaid user interface Program

manual o Talent expansion and

o Talent expansion and acquisitions

acquisitions o PingPaid Suites launch,

specific user applications

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Our Team

Anthony Tyne

Chief Executive Officer/Founder

Experienced businessperson

serving in executive and

management roles. A devout

crypto-enthusiast. Involved with

the opening and management of a

variety of companies. A visionary

startup veteran with a vast array

of experience in marketing, time-

management, branding,

partnerships and acquisitions, with

an intimate knowledge of payment

systems and systemized processes.

Travis Meadows

Developer Lead

An experienced full-stack

developer with intimate

knowledge in software and

development paradigms.

Experience with front and back

end systems with key focus on

user experience and system

security, with a unique approach

to tokenization and

compartmentalizing in designing

financial systems. Experience in

C, PHP, Java, JavaScript, CSS, and

mobile/Linux/windows

development environments.

Oreshea Rolle

Lead Designer/Developer

A visionary and experienced

designer and developer with a

strong focus on graphic design and

user experience. Specializing in

interface, systems, language and

aesthetics. Integrating new and

exciting technology with visually

appealing designs. Extensive

experience in branding, re-

branding, startup optimization,

marketing and recruitment

campaigns, and system

cohesiveness. Leading UX designs

and contributions.

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Emilio Cavanzo

Lead Engineer/International Communications

Academically acclaimed, multi-

lingual engineer with years of

engineering experience in creating

user-friendly and practical

systems. A vast and

comprehensive focus on

combining resources both physical

and digital to create innovate

products. More than 5 years with

senior level engineering projects

and procurements.

Michael Seepaul

Senior Engineer/Developer

Senior Engineer with a strong focus

on back end systems. Over 10+

years working with hardware and

software with a primary focus on

system integrations and

operability. A self-starter with

years of resource management and

contracting with governments and

commercial entities.

Michael Steinberg

VP of Finance

Veteran business owner and

mathematician with years of

analytical experience in various

industries. Experience in finance

and business development with

extensive engagement in heavily

customer oriented business

environments. Providing a

strong focus in overall financial

structures, customer

engagement, acquisitions and

supply chain management.

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Phylese Hanna

VP of Accounting/Compliance

Big Four Accountant. Financial

Statement auditing & reviews

across industries such as retail,

banking, services and aviation;

bookkeeping & accounting; tax

accounting & reporting; and,

related regulatory filings &

communications. Broad tax

accounting, filing US tax returns,

and preparing tax advice, with

consulting and advisory

assistance, particularly focused

on regulatory compliance.

David Hansen

Senior Analyst/Advisor

Commercial developer and

retail expert with a vast array

of experience launching and

running a variety of enterprises

across the continental United

States. A key expert in

partnerships and acquisitions in

a variety of brick and mortar

industries; vast experience in

product development to be

revolutionized by the

blockchain.

Martin Olivo

Advisor

Commercial markets veteran,

operating and supporting the

contracting, real estate,

pharmaceutical, and luxury

markets. Bringing years of real

market aggregated information

and insight, with a primary focus

on integration in digital markets

with respect to blockchain

functions. A prized industry brain

with a huge engagement to an

array of companies and entities.

Logistics and information

technology expert.

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Security and Platform

PingPaid utilizes the Leading technology and security

practices to ensure that every aspect of every PingPaid

product is adequately fortified. We implement SSL

technology for transmitting information, advanced

encryption and serialization of stored and transmitted

information, as well as cold storage practices for highly

sensitive operations. We take security very seriously and

have taken great commitment to bulletproof every

aspect and function of every PingPaid application.

We have a dedicated plan of commitment to continue to implement

leading security practices; this includes a routine review and audit,

and stress test of the algorithms that we use to operate PingPaid. We

stay at the forefront of security developments and have a stern

commitment to being proactive in this field. We compartmentalize of

every feature and aspect that PingPaid offers.

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Disclaimer & Risks

The information in this whitepaper does not constitute an

offer to sell, hold, nor is it a solicitation of an offer to buy

any cryptocurrency. Content contained on this

whitepaper is intended to and does not constitute legal

advice or investment advice. Do conduct your own

research and refer to your financial and legal

consultant/advisor before making any investment

decisions. To the maximum extent permitted by law,

PingPaid Co. disclaims any liability in the event any

information, opinion, or analysis proves to be inaccurate,

incomplete or untrustworthy, or results in any

investment or other losses.

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References

Aitken, R. “Smart Contracts On The Blockchain: Can Businesses

Reap The Benefits?” Forbes, Forbes Magazine, 21 Nov. 2017,

www.forbes.com/sites/rogeraitken/2017/11/21/smart-contracts-

on-the-blockchain-can-businesses-reap-the-benefits/amp/.