WHITE PAPER

Outline

1. Introduction

2. Problems faced by the industry at present

3. Siora’s Solution

4. Siora’s Mission, Strengths, & Advantages

5. Strategy and Competitive Advantage

6. Market Opportunity

“Siora will enable seven big trends.”

1. Introduction

“CAMBRIC” or the acronym for Cloud Computing, Artificial Intelligence (AI), Mobility, Big

Data, Robotics, Internet of Things (IoT), and Cyber Security are the core technologies that

support the rapid development of the ICT industry in recent years. It is the category that

forms the foundation or the core of the so-called “Fourth Industrial Revolution” and is

expected to continue to grow in the future.

Blockchain, which is another emerging technology, supports and complements CAMBRIC.

The Siora Project aims to pave the way to make the applications of the “Fourth Industrial

Revolution” more prevalent by linking and integrating CAMBRIC and other emerging

technologies using the blockchain and WPT.

Overview of the Siora Project

Most Blockchains are made with monolithic design, just like CAMBRIC. Mutual utilization

corresponding to ICT supported by CAMBRIC is very difficult. Therefore, the consensus

core and the application area are separated, and the application block is formed.

By connecting with a chain interface, the system can cope with ICT. The WPT that was

devised by Nikola Tesla over 100 years ago is CAMBRIC. It is indispensable as a supporting

technology. However, since the problems have not yet been solved, our team has not yet

reached the stage of commercialization.

By adding a unique circuit or microchip to the world standard called Qi (Chi), the

robustness of WPT products is greatly improved. Improvements and commercialization are

realized by wood molding using wood biomass technology. Among engineers, it is common

sense that wood and wireless charging are extremely compatible. However, this fact seems

not to be easily known to most of the general public.

In order to bring these seven megatrends (CAMBRIC) to practical use in the real world, our

team have developed a wood biomass technology that liquefies and solidifies wood to

produce particle boards (or wood chips).

Liquefaction processing technology for rig cellulose materials (dendrites) and molding

secondary processing to solidify particle boards are technologies used to dramatically

advance the use of wood as resources in coffee shops, walls, tables, and convenience stores,

as well as, sidewalks and roads.

This wood molding plate is processed from plate-like to lithographic tile and block-like

depending on various market applications. This is a molded version that can be processed in

a wide variety of ways and can be commercialized in numerous ways, including base

materials for growing plants. Our team will incorporate WPT in these wood molded plates

and bring wireless charging to practical use. At the same time, the distributed ledger system

that connects WPT-based IoTs to CAMBRIC through the blockchain creates economic

benefits from the Siora tokens issued.

2. Problems faced by the industry at present

As seen in the data provided above, there were many companies that attempted to use Qi

technology for WPT applications, however, certain problems still remain at present.

Specifically, issues regarding “positioning” or misalignment to the charging pad,

development problems, power limitations, heat generation, noise problems have not been

solved until now.

3. Solution:

WQC’s technology applied on small electronic gadgets such as mobile phones:

WQC’s technology was able to address the problems identified above by offering a more

flexible and efficient wireless charging that provides a dramatic improvement in the user

experience. As a result, users become free from actively managing their phone battery.

For instance, users’ phones appear to charge themselves, without user intervention.

Moreover, aside from not needing to carry charging cords or power banks with them,

users who currently uses wireless power charging developed by WQC may now charge

their electronic gadgets even if the charging mat (i.e. transmission coil) is not perfectly

aligned with the receiving coil attached in their small electronic gadgets, such as a

smartphone. This became possible using WQC’s proprietary technology.

The chart above shows the comparison of WQC's "phase synchronization" system with the

conventional system. WQC’s technology allows high-efficiency power transmission even if

there is a shift in position (including gap) by detecting a change in the resonant frequency

unique to the power receiving coil and synchronizing both phases.

The image provided above shows an example of how WQC’s technology fairs against

competing technologies in the market.

Existing technology:

MIT’s magnetic resonance (2006)

Major companies around the world have announced development around 2012, however,

issues such as low power efficiency (due to misalignment in position), heat generation, and

radio noise remain unsolved even in 2018.

WQC’s technology (2014):

On the other hand, WQC’s technology addressed the said issues and achieved the following:

international patents (application of CCFL inverters for LCD backlights), misalignment

resistance (robustness), low heat generation, and noiseless capability.

By comparing the two technologies provided above, we can see that there is a new wireless

power system that was finally found to break through. WQC's patented technology was able

to solve the issues identified in the previous section by providing end users with a

highly-efficient, robust, safe, and noiseless solution.

WQC’s technology applied on EVs and HVs:

The image above shows how WQC’s technology will be applied to Electric Vehicles (EVs)

and how it fares against competing products in the market.

Existing technology:

Existing EVs that uses wireless charging experience varying charging efficiency

depending on the vehicle’s parking position. This means that when the charging plate is

not aligned with the vehicle position exactly (i.e. the transmitting and receiving coil are

not perfectly aligned), the charging efficiency goes down and becomes affected.

New method:

By synchronizing the phases of the receiving coil and the transmitting coil, even if the

position is slightly shifted, charging can be performed with high efficiency even if the

gap is not at the specified height. Because of this, the power transmission coil does not

overheat due to the shift and there is no noise produced.

As a result, EVs may now be charged automatically by simply entering the “charging area”

of a parking lot powered by Siora, without minding whether their “parking” or “car position”

is directly aligned with the exact position of the charging or power mat offered by existing

wireless power suppliers.

How does Siora help solve the problems encountered by end users at present?

Siora is able to offer a solution to end users’ need of electricity to power various devices

and electric equipment in a more flexible, efficient, and convenient manner. The team is

able to provide wireless power supply by using Katana chips and linking them to Dapps

(or decentralized applications) to enable an automatic billing system for its power

service.

Siora runs on the Katana platform which connects various blockchains (both public and

private blockchains) together. Because of this, it is possible to unleash synergies

between emerging technologies, such as the blockchain and WPT.

In addition, Siora is also able to expand consumers’ choice by offering various wireless

power materials applicable to a range of furniture, walls, and floors made of Siora wood,

which can supply power or electricity at the same time. Before Siora, consumers’ current

options are limited to materials made from plastics and other materials, that do not

supply electricity wirelessly.

Lastly, Siora products are environmentally-friendly and made from 100% wood. As such,

all products are recyclable and reusable. Because of this, Siora products were adopted to

be used in major events and activities in Japan such as the 2020 Tokyo Olympics. This is

just one of the implications of Siora’s potential.

Siora’s Applications:

SIORA's wood biomass technology has a variety of use cases, such as, supplying electricity to

sidewalks, roads, & highways; restaurants, cafes, & convenience stores; as well as walls and a

variety of home & office furniture.

Because of Siora’s technology, no more outlets will be required for walls and rooms to supply

electricity needed in various electrical appliances. Moreover, charging a smartphone and a

laptop conveniently without wires anywhere (such as inside a public café) becomes easy and

possible.

In addition, Siora’s technology can also be experienced by end-users and consumers in the

following use cases:

Supplying electricity to various devices such as smartphones and electric wheelchairs

while walking or passing through a sidewalk.

Powering EVs while driving on the road (or highways).

Supplying electricity to various EVs, including electric motorcycles, while parked at a

parking lot’s charging area.

Process of wood chip or particle board making

~ Forests are one of Japan’s abundant resources and source of national pride ~

Utilization flow of locally produced wood (Produced locally for local consumption)

Supply of Raw Materials (including certification of locally produced materials)

(Primary industry) Forest owners and local forest associations’ environmental contribution:

CO2 absorption

Secondary processing

SION

Product Recycling Process

Recycling process

Estimate of the rate of carbon dioxide fixation

100% use of thinned wood is possible when locally produced thinned wood is used.

CO2 fixation (t-co2) = V1 × a × 0.5 × 44/15

Goodwill Standard 100 × 200 × 50 tons of Woodrock Forest (1 piece of goodwill)

0.00092t-co2 X 5,000 = 4.6t-co2 (fixed dose)

Estimate of the amount of wood used

For the 200 X 100 X t50

Approximately 6m2 per rice can be commercialized (depending on the product

specification

The wood molded plate developed by SIORA is made of wood-based adhesives (binders)

made mainly from thinned wood and wood waste, and wood chips made by molding

techniques using these adhesives. The molded (plate-shaped) products are called wood

molds.

This wood molded plate greatly expands the use of wood as a resource.

It has been created as a molded version that overwhelms conventional wisdom until now.

This wood molded plate can be processed in a wide variety of ways, from plate-like to

lithographic tile-like and block-like processes depending on various market applications, as

well as a wide variety of products, such as base materials for growing plants. This is a molded

plate that enables conversion.

Safe and secure products that are environmentally-friendly

All wood products developed by SIORA are environmentally-friendly products using trees

made of natural materials. 35 items are used in the “soil contamination method dissolution

test” stipulated in Japan for outdoor paving material blocks, planographic tiles, and

foundation materials for growing plants. The company is consistently producing a product

that meets a high standard of value.

The concept of wood products is "recycling-oriented"

The concept behind SIORA's efforts to develop wood products is "recycling-oriented."

"Recycling-based" refers to the recycling of local production and local consumption. Local

production and local consumption are achieved by purchasing thinned timber and wood

waste from local primary businesses (forestry businesses) as valuable raw materials,

commercializing them according to the use of the products used in the area, and providing

them to local communities. Moreover, since it is a product that can be recycled even after

the use of the product, it can be used as a solid fuel for recycling and biomass power

generation.

100% use of SIORA wood products

Most of the wood products developed by SIORA use 100% wood (aggregate), and the

adhesives used for solidification are 100% made of wood as well.

SIORA Wood Products: “3R Applicable Products”

Wood products developed by SIORA are used for reduction (reduction of waste), reuse, and

recycling.

SIORA wood products: CO2 (carbon dioxide) fixed products

Wood products developed by SIORA are fixed without releasing the carbon dioxide absorbed

in forests.

Characteristics of Siora’s Wood Products

① Effect of suppressing reflection (countermeasures against global warming and

heat island phenomenon)

A reflection happens when light bounces off an object. Concrete and asphalt reflect direct

sunlight and ultraviolet rays from the sun. This causes a rise in indoor temperature, as well

as a temperature rise in office streets, and aging buildings. Our products do not reflect direct

sunlight from the sun, but absorb a large amount of heat and ultraviolet rays, thereby

suppressing reflection.

② Permeability

Our wood products have a lot of space between chips (empty space) as an aggregate

solidification product of wood chips, and are excellent in water permeability. Through this

permeability effect, it can prevent water from accumulating when using the wood products

as roads.

③ Water retention

Our wooden products are products solidified by making use of the original water holding

capacity of trees, which is its original characteristic, so the entire chip of the wood holds

water and becomes an excellent product with respect to water retention performance.

④ Heat insulation

Heat insulation refers to heat conduction; and in our wood products, heat conduction refers

to the transfer of heat from the surface to the bottom. The thermal conductivity of t50mm

products as a function of performance is 0.12 W/(m·k), and it has excellent heat insulation.

⑤ Weed suppression

Our wooden products have the effect of controlling weeds in the area where they are laid.

We are suppressing the weeds by not exposing the soil under the product to direct sunlight

for product laying. In the suppression test of various weeds, it is possible to suppress the

weeds by more than the concrete block and brick laying condition.

⑥ Elasticity

Our wood products are made by solidifying an aggregate of wood chips as a whole. To

further enhance the elasticity of the wood chips, the space between the chips and the natural

elasticity of trees are used. Reducing the burden on the knee is possible by laying SIORA

wood on sidewalks and boardwalks used by pedestrians, especially for the elderly and

runners.

⑦ Flammability

Our wood products are combustible, but they have much more strength, so they do not burn

quickly (e.g. such as being exposed to a tobacco or lighted cigarette). Moreover, in an

unlikely event that this happens, the burning that occurs on the surface caused by the

cigarette will be put out in about ten minutes.

⑧ Internal explosion due to freezing or frost damage

Our wood products are free from internal explosions caused by frost damage in cold

climates.

⑨ Load-bearing capacity

Our wood products passed the bend strength test set between 5.0 (N/mm2) and 8.0 in the

flexural strength test of JIS A 5371 standard.

⑩ Deodorization and purification

Our wood products can be deodorized and cleaned by mixing charcoal into it.

※ Deodorization and purification are not permanent.

⑪ 48-color surface coloration application

Our wood products is available in 48 acrylic paints (prepared paints) for surface coloration.

This paint can be freely combined from a variety of 48 colors based on Japanese traditional

colors.

※ Since the surface paint deteriorates over time due to ultraviolet rays and solar radiation,

we recommend moderate paint replacement.

WQC Wireless Power Transfer

Wireless power transfer (WPT) or "wireless charging" is a technology that transmits power

wirelessly without using metal contacts or connectors. This technology became famous with

iPhone 8’s wireless charging.

WQC, which has the next generation technology for wireless power transfer, is developing

WPT using the company’s latest proprietary technology. The keyword for the new WPT

technology that triggers technological innovation is "magnetic field synchronization." Our

team aims to implement measures for global deployment based on this latest technology in a

wide range of fields, from home appliances to robots, and even electric vehicles (EVs).

The new wireless power transfer system, "Magnetic Field Synchronization" will change the

future. For wireless power transfer, it is important to improve the efficiency of power

transfer.

However, in general, if the power transfer efficiency is to be improved, the robustness

(freedom of position) should be reduced. On the other hand, if the robustness is to be

increased, the power transfer efficiency should be reduced. For example, iPhone 8 ’s

"wireless charging" requires that the iPhone be placed in the center of the charged pad. This

is said to be less robust. In other words, there is a trade-off between efficiency and

robustness, and how to resolve them is the industry's biggest challenge.

The simultaneous resolution of these conflicting issues is the unique technology of WQC's

"magnetic field synchronization". The power cannot be charged unless the position of the

power transmitting side and receiving side of the smartphone using the current wireless

power transfer technology (standard Qi) is properly aligned.

If the position is shifted a little, heat will be generated, and its efficiency will decrease. This

lack of usability is thought to be a “pain” or hindrance to wireless power transfer for

smartphones.

In this context, WQC provides a technology that can transmit and receive power transfer

efficiently (improve robustness) even when the distance and positional relationship between

the power transmission coil and the power receiving coil change.

What is magnetic field synchronization?

The biggest reason for lowering robustness is that the magnetic field that connects the

charging pad to the receiving side (e.g., a smartphone) is not synchronized. If this magnetic

field can be synchronized automatically, a WPT system with high robustness and high

efficiency can be created, which enables a complex and degradable environment for multiple

cables of office equipment and home appliances. For example, a device that needs to be

charged on a charging pad should be properly mounted to ensure that power is received even

if the position of the transmission side and the receiving side is not slightly aligned.

What happens when the magnetic fields are synchronized?

Images of magnetic field synchronization are as follows.

The red part below is the power transmission pad, while the red part above shows the power

reception device, such as smartphones.

The stronger the magnetic field, the more red it becomes.

Figure 2

When the magnetic field in Fig. 2 is not synchronized:

If the magnetic field is not synchronized, the arrows from the power transmitting side and

the arrows from the power receiving side collide in opposite directions, indicating that the

magnetic fields are not connected with each other. When this happens, it does not transfer

electricity.

Figure 3

When the magnetic field in Fig. 3 is synchronized:

When the magnetic field is synchronized, the arrows from the transmitting side and the

arrows from the receiving side point in the same direction, indicating that the magnetic field

is connected. This means that a lot of power is transmitted efficiently.

*In reality, the direction of the magnetic field changes over time, so it may be easier to

understand when viewed using a video.

The team’s KATANA chips automatically control the synchronization condition of the

magnetic field.

The conditions under which this magnetic field is synchronized are determined by k and Q.

k is the "coupling co-efficient" determined by the positional relationship

between the transmission coil and the receiving coil.

Q is the value that determines the strength of resonant.

WQC has discovered the world's first optimal magnetic field synchronization condition.

That is,

k2Q=2

The formula above shows the relational expression of k and Q. By controlling the magnetic

field in accordance with this equation, the KATANA chips used are always able to achieve

the highest efficiencies by automatically synchronizing the magnetic field.

Siora by Katana Blockchain

In order to link the Katana™ Blockchain and IoT, first, the team added proprietary

algorithms to the design and PoS BFT consensus engines; changed languages from C++ to

go and hashing functions from SHA3-512 to Poly1305. Reviewing the web architecture,

consensus engines and application APIs from a single system (TSMP・Websocket), the three

systems were changed.

Currently, the team is entering the second and third stages of final adjustment changing the

Katana™ Blockchain consensus engine to TR PoS BFT, installing Native Token "XSR",

shifting from the Test Net environment to production. Katana™ Wallet is likewise released.

Plus, fabrication of Qi-compatible modules for wireless power transmission is completed and

released as well as design for making a module into an IC chip.

The fourth stage is the construction of a network using spread spectrum of Qi standard

devices with built-in IC chips coupled with additional SDK Implementations and IoT Dapps.

This platform interconnects Katana™ Blockchain and ledgers such as Bitcoin, Ethereum,

Cardano, and NEM with Layer 4 protocols to exchange tokens. Thus, the implementation of

"XET" gas-payment Token Tamahagane for token-to-token packet exchanges, smart

contracts, and other applications as well as the fabrication and release of Qi-compatible

supplemental circuitry chip for wireless power transmission.

For the Fifth stage, the Qi-compatible IC chip of wireless power transmission is supported

for various IoT devices in creating a proprietary network of WPT devices, network using

drones and of satellites, and an Internet-based cross-network. Also, it has building platforms

for connecting AIs, VRs, and Katana™ Blockchain over WPT networks, satellites and space

rockets, and internet-based interactions.

Achieving mutual access to IPFS Civilization has one aspect that destroys culture when it

develops to a high degree. Finally, this project focuses on harmonizing cultures and

civilizations by one’s profound desire for knowledge rather than by being taught.

Distinctively, we chose Katana™ to name our blockchain, a distributed consensus ledger.

Katana is not only a traditional sword that were used by the samurai of ancient Japan, but it

also characterized the idea behind the Katana™ project. The Japanese sword, “Katana,”

wrought Tamahagane, is a type of steel made in the Japanese tradition, and folded into the

10th power of 2 (1024) and the 15th power of 2 (32768), and then struck the two types of

steel with different tensions. Katana™ Blockchain has developed the concept of

"harmonizing cultures, civilizations, and economies" with the same mindset as making the

Japanese sword.

The explosive proliferation of the Internet, called the tertiary industry revolution, has spread

either individually or in collaboration with entrepreneurs and engineers. Both engineers and

entrepreneurs play important roles in our projects, which are built on the internet .

Blockchain × WPT × IoT (AI × VR) is the greatest business opportunity in the 21st

century. In fact, initiating a network infrastructure called blockchain can translate into

enormous economic effects.

Yet, it is quite difficult to

create a network

infrastructure that connects

IoTs through WPTs in a

general-purpose manner.

Reviewing existing blockchains and changing the design will not work.

In the Katana™ Project, we have engaged the technical expertise not only of blockchain

engineers but others who are as well involved in the development of ICs, such as Tesla Coil

engineers, WPT engineers, IoT engineers, communication engineers, and cryptography

engineers.

Normally, a computer receives information from outside. While designed to run applications,

most blockchains are designed to work with information from within.

World state Smart contract from outside, more complex conditional branching processes,

and more sophisticated networking environments that share and interact with Smart

contract.

We are also designing satellite-based networks. In addition to further expanding the scope of

connections with the Katana™ blockchain and improving the scalability of the blockchain we

currently have, we will likewise build our own networks in places where the internet is not

currently in place and connect to the internet, thereby transmitting and receiving

information, data, contents, and applications, and linking IoTs and the Katana™ blockchain

together. SS-based proprietary networks can be used through the Katana™ WPT, while

smartphones and tablets can be connected to VRs and ARs. Moreover, space rockets can

provide applications that are currently rare in space businesses. The team also thinks that

decarbonization will lead to more and more EVs, and in time, most countries will only allow

EVs. The Electronic Vehicle runs a real run at the final stage.

Furthermore, a variety of business models using drones have been proposed, but there are

limitations on its driving time. By using Katana™ WPT, it is now possible to recharge the

drone wirelessly. Drones will be linked to the Katana™ blockchain and then various

applications will be created. This advancement in drone’s driving time will expand the

monitoring area of the disaster monitoring system using drones. As a result, more

information can be accumulated.

4. Siora’s Mission, Strengths, Advantages

What is Siora’s Mission, Strengths, Advantages?

Siora’s mission is to pave the way for a cordless lifestyle using Wireless power charging.

The team envisions to achieve this mission by leveraging on Siora’s strengths and

advantages versus existing players in the market. Siora’s strengths lies in its superior

induction technology to deliver wireless power by combining WPT with the power of

blockchain. Siora’s technology uses weather-resistant and durable wood-chips or particle

boards called “Katana” chips to overcome the weaknesses of existing players or technologies

in the market.

6. Market Opportunity

Wireless Power: A growing market

Based on HIS Markit’s data, annual shipments of wireless power receivers and transmitters

show signs of market momentum. From 2016 to 2017, receiver units went up by 42.8% and

transmitter by 32.8%. In 2017, 300 out of 325 million units, or more than 90% of wireless

power products that were shipped were for mobile phones. This means that mobile phones

remain to be the primary driver of the development of wireless power technology.

In addition, the 2017 IHS Markit consumer survey showed that the respondent’s awareness

of wireless charging technology remained to be high. According to the said survey, the US

and China are the top 2 countries which have the highest percentage of wireless charging use.

Mobile phones remained to be the entry point for consumer experience and demand for

wireless power. The 2017 consumer survey reveals that 1 out 3 (about 35%) of consumers in

the US said that they have used wireless charging already, which increased from 25% (both

globally and in the US) in 2016.

HIS Markit’s data and consumer survey results were confirmed by another recent consumer

survey conducted by Wireless Power Consortium (WPC) in 2018. According to WPC’s

consumer survey, the proportion of consumers who use wireless charging went up

significantly from only 10% in December 2016 to 40% in early April 2018. Moreover,

WPC’s study confirmed that familiarity with wireless charging remained high, wherein 89%

of the respondents said that they are aware of WPT technology and 44% were very familiar

with it.

In their 2018 study, Yano Economic Research institute estimated that the global Wireless

Power Supply market is valued at $1 Billion in 2017, where small electronic devices such as

smartphones are leading the market, while EVs, industrial machines, and other applications

are gradually growing. The study also forecasts that the market will be almost twice as big in

2019, growing from $1B in 2017 to $1.9B in 2019, and estimated to reach $3B in 2023.

When WPT technology achieves mainstream adoption in the mobile phone market, it is

expected that the range of its application will expand to other applications, such as laptops,

tablets, wearables, medical devices, industrial, and automotive sectors.

There are many technologies that can be used for wireless charging such as radio

frequency-based (RF-based), mat-based or induction charging (Qi), ultrasound, and

laser-beam based (infrared). The Siora team uses Qi in its WPT technology.

Qi technology:

The Qi technology has many advantages. First, Qi is considered a global standard, which

means that it is compatible with most products that uses wireless charging and adopted the

same technology. Mobile phone manufacturers such as Samsung and Apple, automobile

manufacturers such as Audi, BMW, Chevrolet, Honda, Toyota and others, as well as

numerous home charger manufacturers adopted and uses Qi technology and incorporated it

in their finished goods. Second, the Qi technology is highly efficient. The technology

promotes a responsible use of energy (which means that less energy is wasted) and

minimizes heating of products (which translates to safety for end users).

Based on the data provided by WPC, the sales of Qi products reach 100 million units only 5

years after the release of the first specification. As seen in the chart above, Qi technology’s

growth trajectory is similar to Bluetooth. Furthermore, comparing with other industry

standards, sales of Qi products is growing faster than Wi-Fi and GSM. This means that the

future of Qi is very promising.