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DataXchain

Blockchain Based Decentralized
Data Trade Service

Partnership
Private Sale
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Current Status
About
What is DataXchain?
DataXchain is “Blockchain-based Decentralized Data Trade Service”. DataXchain provides a tailored-matching service between Data Owner and Data User with our unique “Intelligent Matching Engine (IME)”
As the Data Owner uploads My Data (Image & Sound), Data Enrichment process(Labeling & Cataloguing) is initiated, to transform the Raw Data to finadable Digital Asset. With the recommend & search function the Data User decides to purchase the Digital Asset. After the purchase decision, Smart Contract is automatically executed and paid DataXchain Token (DXCT) is delivered to the Data Owner. Then the Data User acquires data download authorization to download purchased data as many times he/she desires.
About
Why DataXchain?
User-Friendliness
Provides simplified upload procedure
as well as potential value viewer service
on website and mobile APP
Intelligence
Smart data handling: With advanced
AI & Big Data technology,
allows automatic matching as well as
cataloguing service (DataXchain Engine)
Agility
Strong & quick service process:
DataXchain enables simultaneous
yet massive process through various open
source projects participation such
as Ethereum Sharding project.
Flexibility
Provides Seamless service to
provide stable service & Flexible software
architecture for high-tech application
Security
Security enhancement & real time tracking:
DataXchain enforces security with Smart
Contract powered by Blockchain network
and separate key value storage.
Accuracy
Prevents filter bubble with
automatic matching process based
on diverse hybrid algorithm
About
Partners
ToBeLet is supported by top liners in different segments of the market including blockchain as well as cryptocurrency.
“As Data is for everyone,
Tobelet welcomes every partners to join our cause and cooperate.”
About
Media & Event
If you shopped at these 10 stores in the last year, your data might have been stolen
April 03,2018
At least ten separate security breaches occurred from January 2017 until now. Many of them were caused by flaws in payment systems, either online or in stores.
read more
Chinese hotel group investigates possible leak of millions of guests' data
August 29,2018
A Chinese hotel group is investigating the possible leak of millions of customers' records, which appear to be for sale on the internet.
read more
The 10 Biggest Data Breaches of 2018... So Far
July 2018
We're only halfway through 2018, but the scale of some of the data breaches that have already been reported is staggering. Think Facebook was the biggest one? Guess again.
read more
Our Team
Member|Advisor
CEO
Yong Chang Baek
Mr Baek built an impressive career as one of the key executives at KT Corporation, formerly Korea Telecom, which is the largest telecommunications company in South Korea. He was Managing Director between 2000 to 2010 and then Vice President after, overseeing areas such as intelligent data services, network and technology, technical sales, the Digital Library and the e-book business. More recently, he was the Senior Managing Director in Dinnoplus, managing sales and marketing of IoT, Edge/Cloud Computing and Big Data solutions.
CSO
Woo Yung Lee
Founder and CEO of Xiilab, Mr Lee is a prominent figure in field of data technology in South Korea. Having participated in policy formulation on data management at a governmental level, he is the President of the Association of Big Data Business & Services Companies in South Korea. He started Xiilab in 2010 and grew it into a KONEX-listed industry leader in big-data technology and Artificial Intelligence with a market capitalisation of KRW1.1 billion and growing.
CMO
Young Hun Choi
Mr Choi has a strong background in Intellectual Property (IP) management, having been the Managing Director of Markpro, an IP management services provider, covering sales, marketing and operations for over 20 years at Markpro. He is currently also a Managing Director at Xiilab. In his role as Chief Marketing Officer, Mr Choi will spearhead DataXchain’s brand and drive the adoption of its platform.
COO
Frank Cha
Mr Cha has built diverse experience during his stint as Marketing Manager of Markpro, overseeing Markpro’s US operations, driving sales and market share growth of Markpro USA Inc. services, managing market research and growing numerous product lines. He has also accumulated experience across various establishments from corporations and profit companies to non-profit organisations, covering a variety of industries including legal and medical education. Mr Cha will manage the overall operation of DataXchain, implementing its business strategies and plans and building a successful ICO.
Director of Business Development
Seong Gon Gim
Certified as an investment manager and advisor, Mr Gim has a strong background in finance. He has been Business Strategy Manager at Xiilab and a financial controller in a leading investment and securities firm. He is currently managing finance and investor relations at Xiilab and is DataXchain’s Director of Business Development.
Core Developer, Service
Jin Hee Park
Mr Park is a highly experienced developer of data analysis platforms and applications, having worked on several significant data analysis platforms for Samsung and developed key data analysis platforms for Xiilab such as Gruppii Service and Buzzbee Service.
Core Developer, Blockchain
Jun Seok Seo
Mr Seo has worked on the development of several significant big data analytics platforms and applications, including SK Telecom’s Analytics Platform for Intelligent Operation (APOLLO). He will be DataXchain’s Core Developer for its blockchain systems and applications.
Core Contents Developer, MFU
Ki Song Chung
Mr Chung has close to three decades of experience in the Korean music industry, both in music development and education. He has been a director of the Korea Music Copyright Association since 1990, lectured in music at several educational institutions, produces for SM Entertainment and is the guitarist of N.EX.T. Utd.
DataXchain ICO
Road map
2018
06.12
To Be Let Establishment
2018
 2Q
DataXchain Teaming
2018
 4Q
Private Sale
Pre - ICO / Main ICO
2018
 4Q
Token Issue
2018
 4Q
Alpha Build
2019
 2Q
Beta Build
2019
 3Q
Soft Launch
2019
 4Q
DataXchain
Full Service Open
Token Distribution
2%
Bounty
20,000,000 DXCT
10%
Team
100,000,000 DXCT
15%
TOBL Foundation
150,000,000 DXCT
73%
Crowdsale
730,000,000 DXCT
Budget Chart
5%
Charity donations /
Awareness Movement
15%
Operations and Consulting
(Legal, Accounting and etc.)
20%
Marketing and Promotions
30%
Business Expansions and
Exchange Market
30%
Platform Development
FAQ
DataXchain is a blockchain-based decentralised data trade service providing a tailored matching service between data owners and data users through its unique Intelligent Matching Engine (IME).

Data users can purchase data, such as music, images or various forms of information, via a Smart Contract, which will automatically execute the transaction to pay data owners a DataXchain Token (DXCT) and allow data users to download the purchased data.
DataXchain’s core team is led by Mr Lee Woo Yung (CSO), Mr Baek Yong Chang (CEO), Mr Choi Young Hun (CMO) and Mr Frank Cha (COO).

Founder and CEO of Xiilab, Mr Lee is a prominent figure in field of data technology in South Korea. Having participated in policy formulation on data management at a governmental level, he is the President of the Association of Big Data Business & Services Companies in South Korea. He started Xiilab in 2010 and grew it into a Konex-listed industry leader in big-data technology and Artificial Intelligence with a market capitalisation of KRW1.1 billion.

Mr Baek built an impressive career as one of the key executives at KT Corporation, formerly Korea Telecom, which is the largest telecommunications company in South Korea. He was Managing Director between 2000 to 2010 and then Vice President after, overseeing areas such as intelligent data services, network and technology, technical sales, the Digital Library and the e-book business. More recently, he was the Senior Managing Director in Dinnoplus, managing sales and marketing of IoT, Edge/Cloud Computing and Big Data solutions.

As Chief Marketing Officer, Mr Choi will build DataXchain’s brand and drive its adoption. He has a strong background in Intellectual Property (IP) management, having been the Managing Director of Markpro, an IP management services provider, covering sales, marketing and operations for over 20 years at Markpro. He is currently also a Managing Director at Xiilab.

Mr Cha will manage the overall operation of DataXchain, implementing its business strategies and plans and building a successful ICO. Prior to this, he was the oversee the US operation of Markpro, driving sales and market share growth, services, managing market research and growing various product lines.
Data is playing an increasingly vital role in our daily lives. The proliferation of internet and digital technologies in the recent decades has brought exclusive and private information into the public domain, allowing it to be shared by countless individuals.

Collected and monopolised by giant internet companies, they have been the main beneficiaries of private information being made available in the public domain.

In addition, we have become increasingly vulnerable to abuse of private information through data leaks and illegal usage.

DataXchain hopes to be the answer to this and it aims to create a data ecosystem in which individuals can claim ownership to information or data that they originate and can reap the economic gains of producing this data. This can potentially change the situation of data abuse and put the power of data ownership back into the hands of individuals like you and me.
DataXchain is a “DataXchain is a Decentralized Data Trading Service powered by Deep Learning and Blockchain”.

DataXchain provides a tailored matching service between Data Owners and Data Users through our unique Intelligent Matching Engine, X-Matcher and transactions are facilitated and recorded by Smart Contracts.

Following a purchase decision, a Smart Contract is automatically executed and a paid DataXchain Token (DXCT) is delivered to the Data Owner. Then, the Data User acquires data download authorization to download purchased data as many times he or she desires.

In the background, Data Contributors will be managing the overall quality of the data with DataXchain team by verifying metadata, data appropriation, assisting encapsulation of data.
DataXchain makes money each time a transaction is made, receiving a commission each time a data user decides to purchase data from data owners on the platform.

The company will undertake 40% for operation of the platform, 30% donations to charity and 30% will be reserved for the Data Contributors for their responsibilities within the platform.
DataXchain Platform is mainly divided into a service layer to provide overall services and infrastructure layer for blockchain and data store/process to assist and support the overall system. Infrastructure layer designed with DXC-F (DataXchain Fabric) based on blockchain system and DataXchain File System (DXC-FS) or distributed data storing system. DXC-F uses blockchain technology to secure the transactions without manipulations and control authorizations to use the data. Implementing Hyperledger Fabric as a blockchain platform will provide the solid foundation for the overall platform. Hyperledger Fabric can enable private, and permission options are available and have broader expansion ability compared to Bitcoin, Ethereum’s public blockchain. Infrastructure layer’s second element, DXC-FS, was implemented to overcome the storage issue with the blockchain technology. Images, videos and many other forms of large capacity data will be foremost stored in the DXC-FS through the DataXchain Platform, and the address will be stored in the blockchain, achieving premium performance without the concern for the large capacity data storage. DXC-FS will base an open source distributed data storage platform, IPFS, to create the solution.
DataXchain seeks to offer an alternative to platforms from the major internet companies as one that enables data owners to gain economic value from their private data. While there are existing platforms that deal with data in various ways, DataXchain is unique in its ability to support transactions of a wide range of data, both consciously and unconsciously created, in a decentralised manner, through the help of blockchain smart contracts.
DataXchain’s development is supported by a panel of prominent industry partners which include leading provider of big-data and AI solutions in South Korea, Xiilab, as well as The LINUX Foundation, Oracle, Ethereum and MFU. Driving its implementation is a highly experienced and knowledgeable management team which includes senior executives from Xiilab and KT Corporation (Korea Telecommunications).

Our other strengths:
• User-friendly platform - Provides a simplified upload procedure as well as a potential value viewer service.
• Intelligent ecosystem - The use of advanced AI & Big Data technology allows automatic matching as well as a cataloguing service using DataXchain Engine. (Smart data handling)
• Agility - DataXchain enables a simultaneous yet massive processing through participation in various open source projects such as the Ethereum Sharding project. (Strong & quick service process)
• Secure - DataXchain enforces security with the Smart Contract powered by the Blockchain network and separate key value storage.
• Flexible - A seamless, stable service and flexible software architecture are provided for high-tech applications.
• Accurate - Prevents filter bubbles through an automatic matching process based on diverse hybrid algorithms.
No. ToBeLet is a strategic partner of Xiilab.
DataXchain is a credible and viable platform that will revolutionise data trade and ownership, addressing the needs of a vast and fast-growing data market, estimated to reach €1 trillion by 2020 and 163 Zettabytes of data by 2025. (Article) In the light of recent problems of data rights infringement that have been put under the global spotlight, the issue of personal data rights has gained prominence and DataXchain is a possible answer to this issue.

DataXchain’s development is backed by South Korean company Xiilab, a big-data industry giant and a leading provider of big-data and AI software and services in South Korea. It also has solid technological partnerships with blockchain, cryptocurrency and fintech industry leaders such as The LINUX Foundation, Oracle, Ethereum and MFU.
DataXchain has strong support from big-data industry giant and leading provider of big-data and AI solutions Xiilab, which will lend its knowledge, top talent, technology and resources. DataXchain will be jointly developed with Xiilab, hence ensuring its successful implementation.

It will also be supported in its collaboration with other prominent leaders in the blockchain, cryptocurrency and fintech industry such as The LINUX Foundation, Oracle, Ethereum and MFU.
The minimum investment is 0.5 ETH. There are different minimum purchases for different rounds of token sale. Specifics and changes can be found in the Whitepaper and will be announced through Telegram and other communication channels.
Yes, DXCT tokens are based on the Ethereum platform and are ERC-20 compliant.
There will be altogether 1 billion DXCT tokens created and 730 million will be available for sale and bonus as part of the ICO. Specifics and changes can be found in the Whitepaper and will be announced through Telegram and other communication channels.
You can keep DXCT tokens in any wallet that supports ERC-20 tokens. However you can transfer these to other wallets if you choose to. The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard):
*We will continue to include other wallets as they are confirmed to be compatible.

• MyEtherWallet (no download needed)
• MetaMask (Firefox and Chrome browser addon)
• Mist (Desktop)
• Parity (Desktop)
Everyone, except for permanent residents and citizens of the United States, and China. High risk countries and other monitored jurisdictions on FATF’s list includes the Democratic People's Republic of Korea (DPRK), Ethiopia, Iran, Iraq, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Vanuatu and Yemen. Everyone must pass the KYC in order to participate on any rounds of token sale. Specifics and changes can be found in the Whitepaper and will be announced through Telegram and other communication channels.
To purchase DXCT tokens, simply go to DataXchain’s website and register. The following information will be needed for the registration process:

• Name, email, date of birth, citizenship, place of residence
• Proof of identity (passport or official government ID)
• ERC20 digital wallet
KYC guides and process is provided on My Page once the users sign up on the website.
Yes, we are conducting a private token sale for institutional (including crypto funds) and high net worth participants with higher bonus rates. Detail of the Private Sale will be posted and shared in the near future. For detailed information, please email us at frank.cha@tobelet.com
For US or Canadian citizens:
• You can participate in the pre-sale round after you complete a KYC and accredited investors verification process.
• Unfortunately, you are unable to participate in the public sale. Security law regulations in the US and Canada forbid US or Canadian citizens and residents to participate in the public sale.

For South Korean citizens:
• Citizens and residents from South Korea are allowed to participate in the token sale.

For Chinese and Brazilian citizens:
• Citizens and residents from China and Brazil are not allowed to participate in the token sale at all.

For European, Australian, Russian, Asian (ex-China), African and South American (ex-Brazil) citizens:
• You can participate in both the pre-sale round and public sale round.

For high risk countries and other monitored jurisdictions on FATF’s list includes:
• the Democratic People's Republic of Korea (DPRK), Ethiopia, Iran, Iraq, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Vanuatu and Yemen
No, we will not be using a third-party escrow.
Since all the members have gathered different contribution to the DataXchain Project as a first round of seed funding. Due to this, we are not setting the soft cap and we will continue with the project even if we don’t reach the target hard cap.
DataXchain’s strategy is to list on leading exchanges on favourable terms once our token sale concludes.
The tokens will be distributed after the ICO period is completed. All ICO participants are required to take the KYC to receive the distribution.
There is no refund policy.
Download
White Paper
One Pager
Pitch deck

In order to be part of our DataXchain Partnership,
please complete the form

In order to participate in our private sale,
Please complete the form.