#Whitepaper

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CONTENT

1. INTRODUCTION ………………………………………………………. 3

2. VISION AND MISSION OF WEB TOKEN PROFIT PLATFORM ………. 5

3. ANALYSIS OF INTERNATION TRADE AND E-COMMERCE

MARKET RESEARCH …………………………………………………………. 8

3.1 INTERNATIONAL SERVICE TRADE …………………………………… 8

3.2 E-COMMERCE MARKET ……………….…….………………………. 9

4. PROBLEMS OF INTERNATIONAL TRADE AND E-COMMERCE……….. 17

5. SOLUTIONS PROVIDED BY WEB TOKEN PROFIT PLATFORM ….….. 18

6. WTP TOKEN – WEB TOKEN PROFIT PLATFORM CURRENCY……... 20

7. ROADMAP ……………………………………………….………….... 21

8.. CONTACTS ………………………………………………………………………. 23

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1. INTRODUCTION

We live in an amazing time – information technologies era. One of the greatest discoveries of modernity is certainly Blockchain technology and cryptocurrency created on its base. Many people, in terms of importance, compare blockchain technology with the discovery of the Internet. More and more people want to be a part of a crypto market, which won`t be governed by governments or Central Banks. In the era of classic Internet, cross-border E-Commerce provides an uninterrupted flow of information for international trade, especially for trade between small and medium enterprises (hereinafter referred to as SME). However, the flow of information, logistics, and capital flow can be realized only with the help of an international system of financial payments and multiple outside agencies acting in Internet support only knowledge and information exchange. It’s worth saying that both the existing system of cross-border financial payments and the services of trade agents cost a lot, which increases the amount of SME in cross-border trade. However, these mediators are needed due to the differences in geographical location and absence of trust between two parties of cross-border trade. We all got used to the fact that in sales transactions three parties are involved: seller-bank-customer. Such scheme was essential until recently due to various reasons, but society is changing: people become more developed and self-sufficient therefore they need less and less control and mediation from the currency monopolies. Many of us were already eager to undertake responsibility for our payment decisions which created the necessity to create free, self-regulating, decentralized economic space. Blockchain technology brings new solutions to this dilemma by transforming the traditional Internet information sharing into the value sharing provided by the decentralized trust.

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Now, the technology based on blockchain provides immutable

transaction records without the need for the third party warranties.

For the first time international trade, involving a few participants can

be based on sources, data and business logic, built using

cryptographically secure data sources.

Bitcoin, the first generation of blockchain technology, provides

the first cross-border payment solution of financial digital currency

without intermediaries to serve the globe.

Ethereum is the second-generation blockchain technology and it

puts forward the concept of smart contract where the code plays the role

of law, which ensures that the participants will not be able to overthrow

and subvert the previous contract and business logic. The legally regulated

arbitration currently used might become a pre-agreed business code.

Business logic like supply chain finance, letter of credit, etc. can be partially

or even fully supported by smart contracts which no one can break. Business

logic, such as supply chain financing, bill of credit, etc. may be partially or

even fully supported by smart contracts no one can dissolve.

Tokens, generated in Ethereum can alter trade behavior and

contribution of every participant, therefore turning all the participants into

an autonomous community, providing stimulus or punishments. Every token

holder will preserve the value of the token through their own efforts,

protecting their own interests.

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2. Mission and Vision

Given the great potential of blockchain technology to redefine the

existing rules of international trade and years of experience in international

trade, we have established a company WEB TOKEN PROFIT LTD, license No.

11960383.

Legal seat: 8 Franklin Road, Gosport, Hampshire, England, PO13 9TP.

Web Token Profit platform will use the blockchain technology for the

implementation of crypto-payment systems and set priorities for the promotion of

crypto assets in the international trade. Upholding the decentralization,

transparency and mutual benefit this platform is dedicated to the promotion of

global trade organizations and mutual creation of DAO and DAA. DAO stands for

Decentralized Autonomous Organization. Decentralized Autonomous Organization

is a platform of smart contracts of a new generation where commands are

performed automatically. The software is open source and operates without

supervision and outside interference. In this organizational form, everyone can

become a member of the organization by purchasing or providing services,

projects and software products. DAA is a Decentralized Autonomous Application -

autonomous applications working in blockchain, providing certain services to their

users. Among others, there are games, currency exchange, wallets, exchange

houses, casinos, payment systems, etc.

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Web Token Profit platform is going to change the whole ecology of

international trade while implementing its payment solutions, financial

applications of social programs, systems for secure storage of information on

the blockchain, applications for controlling and accounting for liquidity,

assets, and interactions between them. At the same time, based on our

understanding that blockchain means DTL (distributed ledger technology) plus

digital token, we have also issued a WPT token for the functioning of the Web

Token Profit.

An economic model of the Web Token Profit platform helps to defend the

interests of all existing participants of international trade and share dividends from

blockсhain technology.

Web Token Profit stimulus is not only to create a global cross-border

business environment of E-Commerce where “good money” supersedes “bad

money” but also stimulates all previously excluded resources for the participation

in global cross-border trading services between SME and individuals.

The means for this will be solutions that allow the full development of

decentralized trading on the blockchain and the creation of a decentralized self-

sufficient community, where users can make decisions without involving

traditional centralized institutions.

Web Token Profit is the first project in the world that dedicates blockchain

technology to improving international trade and consumer spending ecosystem.

WTP token will ensure supply chain transparency, traceability and trade finance.

The mission of this platform is to allow every user to perform his activity,

connected with the purchase and selling of goods, crypto assets and services for

digital tokens.

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It is assumed that in the next three - five years, annual

increments in global trade will be about two trillion US dollars, that will

promote the transformation from traditional international trade

systems to digital trade, and create additional business opportunities

worth trillions of US dollars each year. All community members will work

together to build an equal and mutually beneficial international trade

ecology and share the huge dividends of the powerful development of

blockchain technology.

We aim is to create a global market with no financial boundaries,

intermediaries or bureaucracy. We will connect sellers and customers from

all over the world to create a system that will bring E-Commerce to the

whole new level.

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3. Analysis of international trade condition and

E-Commerce market research

International trade refers to cross-border trade in goods and services.

It includes imports and exports, so it can be classified into trade in

services and goods.

3.1 International trade in services

International trade in service is an activity of service provisions

performed among counteragents located in different countries. International

trade in service is becoming more and more important and rapidly growing

segment of world economic connections.

The types of services are diverse, some of them are often included in

the export and import of goods and are difficult to separate from the supply

of goods.

The main types of international services are import and export of transport,

tourism, bank, financial, insurance, data, educational, healthcare, technical,

construction, consultation, and other services.

The form of these services differs (consultations, documents, PC

programs,

films, videotapes, etc.). They are provided to companies and organizations,

and in recent years to individuals (tourism, education, healthcare, etc.). It`s

obvious that the qualification of services, their scientific content, labor

intensity, etc. can greatly vary. Services cannot be stored as goods; their

character suggests their immediate use by the consumer. Another difference

from international trade in goods is the absence of customs control and

therefore they cannot be taxed. The practice of existing projects shows a

positive role of cryptocurrencies in the process of payment for services.

Cross-border payments simplify this process by introducing it

from the regulatory system of state bodies.

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3.2 E-Commerce market

The development of E-Commerce has an explosive and

rapidly-developing character.

The informatization of society and its components - from individuals to

organizations and states - leads to an accelerated decision-making process,

therefore, to an accelerated process of movement of goods and services,

which, for the most part, are now carried out through the Internet. No doubt

left that in foreseeable future E-Commerce will become one of the main

types of trade and one of the perspective compounds of “new economy”.

The popularity of E-Commerce is rapidly growing under the influence of

various factors and it’s impossible to imagine modern world without online

stores and mobile apps which help to quickly make purchases on all levels.

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At the present stage of development, E-Commerce allows

organizations to significantly reduce financial and time resources,

increase competitiveness, enter new sales markets, receive additional

information about consumer needs, respond quickly to changes in

demand. Many companies use the opportunities of E-Commerce to

ensure additional pre- and aftersales maintenance. The spread of

information technology contributes to the creation of a new economic

infrastructure that ensures sustainable economic development of both

states and business entities through a qualitative improvement in the

possibilities for information exchange. According to the UNCTAD – UN

Conference on trade and development, the turnover of E-Commerce will

reach 29 trillion US dollars in 2019. Of these, more than 80% is in the B2B

sector.

More and more people are turning to purchase goods and services via

the Internet. There are about 1.8 billion buyers of online marketplaces in the

world, and their number is constantly growing. According to Global E-

Commerce Report, a market research, performed by Nielson, a company,

specializing in market measurements in the consumer goods industry, the

number of people, who shop online, annually increases by an average of

16%.

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So, according to Statista, retail E-Commerce turnover (B2C) will reach 3.4 trillion

US dollars in 2019 and it is expected that by 2021 the turnover will be 4.8 trillion

US dollars. Considering that the indicator in 2016 constituted 1.8 trillion US

dollars, today we can observe 90% growth of this market and doubling of the

turnover as early as next year.

The number of online shoppers is also predicted to grow by 4% annually.

Global E-Commerce sales steadily absorb the global retail market. In fact, it will

consist 17.5% from the total volume of retail sales in the world by 2021.

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The most popular electronic trading platforms in 2017 were Taobao

with a global market share of about 18% and Amazon with a market share of

15%. It`s worth noticing that in the third and fourth places there are also

Chinese marketplaces – Tmall and JD. An American online store eBay closed

the top five with a turnover of less than 5%. Japanese Rakuten had only 2%

of the global market.

The center of E-Commerce is shifting from the western hemisphere. As

a giant, the United States' share in the global E-Commerce retail market is

projected to drop by as much as 16.9% in 2020. One of the main reasons for

this is the increase in globalization and technology improvement. Such an E-

Commerce shift means that enterprises should apply an international

approach to ensure their global availability and convenience.

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According to the first quarter of 2017, 56% of buyers prefer to

shop using computers or laptops. With the growth of mobile

commerce, the number of customers preferring to buy via mobile

devices has reached 53%. Shopping via the tablet remains the least

popular of all devices. However, 75% of buyers noted that they

preferred to use any devices while shopping online and not be limited

to just one.

Already by the end of 2018, the situation was as follows: 65% of

buyer`s traffic came from mobile devices, 29% from computers, and only

6% from tablets. In fact, 46% of online orders were received from

mobile devices, 45% from computers and 8% from tablets which signifies

that although half of the buyers study the content via mobile phones, they

still prefer to shop online through computers. E-Commerce advantages are

obvious as more and more people come to the conclusion that paying for the

goods or services from their smartphones saves a lot of time meanwhile

bargains are becoming safer and more convenient. In connection with the

increasing need of society for such services, the role of global online

marketplaces has increased. The volume of global Internet trade is

calculated in the trillions of dollars. Ten most active E-Commerce user

countries include the USA, China, Great Britain, Japan, France, Germany,

South Korea, Canada, and Russia. In these countries we can also observe an

increased use of blockchain technologies and, correspondingly, the need for

online-marketplaces, accepting cryptocurrencies.

Interesting enough, the customers are increasingly looking for

products on the Internet outside their country. Actually, 57% of online

buyers said they had made online-purchases from overseas retailers within

the last six months. The average percentage of consumers who make

overseas purchases across the continents: 63.4% in Europe, 57.9% in the

Asia-Pacific region, 55.5% in Africa, 54.6% in Latin America and 45.5% in

North America. This increasing tendency of E-Commerce is connected with

globalization.

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Sales are not the only area where efficiency improves due to the

transition to B2B E-Commerce.

B2B (Business-to-Business) E-Commerce is an online purchase and

product marketing between businesses. If compare it with the B2C

(Business-to-Consumer) branch of E-Commerce the aim of which is to sell

to the consumer, it`s expected that by 2020 the volume of B2B

E-Commerce will be twice higher than

B2C.

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*by 2021 in the US only the volume of sales using B2B E-Commerce will be 1.184 trillion USD.

The personalization of E-Commerce becomes a standard.

Within the last few years, the personalization of E-Commerce has become a

huge tendency among the enterprises, but in 2019 and the following years it

will be not just a tendency. About 33% of customers have terminated their

relationship with business due to the lack of personalization. Besides that,

personalization has evolved into a more sophisticated marketing strategy.

The times when personalization was limited to the clients` identification by

name have passed by. Now E-Commerce personalization is a dynamic picture

of a unique and individual shopping experience for the consumer.

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The personalization is carried out with the analysis of personal information, which varies from demographics, online behavior, purchase history, and other data related to their purchases. There are dozens of ways of how to implement E-Commerce personalization. For example, using the user's interest in the purchase, you can create targeted recommendations for a cart, and after the customer adds it to his cart, relevant products, based on previously added goods, will be shown.

The amount of mobile devices is constantly growing providing an increase in their use in E-Commerce. By 2020 smartphone market will consist of 6 billion devices. Over the past couple of years, the mobile market has already matured and to the end of 2018 already have reached 70% of E-Commerce. This growing ubiquitous use of mobile devices in E-Commerce is due to the desire of customers to complete a transaction without having to go through the desktop. They want to keep it handy. With their mobile devices, shoppers can now view, research, and purchase products anytime, anywhere. Considering that by 2020 the profit from mobile communications will reach 175.4 billion US dollars, mobile purchases will stay relevant in 2019 and in the next couple of years more than ever. The possibility to instantly make deals is one of the main factors, motivating clients to use their mobile devices.

These days digital wallets are widely used in E-Commerce, among others Google Pay, PayPal, Apple, and Samsung Pay. These digital services allow people to perform purchases using e-transactions which makes the purchasing more convenient. These types of payments are required. The cryptocurrency payment services are being developed at a rapid pace. Legal recognition of crypto assets encourages their integration in the payment systems for E-Commerce. In fact, 70% of people await that digital payments will surpass cash and credit cards by 2030.

E-Commerce is a permanently growing world. With the growing purchasing power of global consumers, the increasing use of social networks and the evolving infrastructure and technology, the future of E-Commerce in 2019 and the following years remains even more dynamic than ever.

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4. Problems of international trade and E-Commerce. Along with ordinary trading and commercial problems, emerging

in any type of business there are a few additional problems in

international trade:

time – payment confirmation takes a long time. In some cases,

payment confirmation takes up to 14 days. Banks aren’t able to create

a transparent control system over the movement of funds between

counterparties;

volatility – course fluctuations on the international currency market

together with indefinite timing of receipt of funds lead to financial

losses of the seller;

laws and regulations– currency legal restrictions and currency

regulation systems reduce the purchases competitiveness;

logistics – the absence of online informing, instant payments and

digital workflow complicate this process;

payments – the high price of cross-border payments, connected with

the monopolization of international payments and state regulation of

foreign exchange transactions;

trust – low trust level between counteragents. As a rule, a customer

and a seller have different jurisdictions, which increases the risk of

fraud during the trading of the product;

safety – third parties as guarantors ensure financial deals safety.

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5. Solutions provided by the Web Token Profit platform

The usage of the Web Token Profit platform ecosystem and the WTP token-based payment system solves the problems that arise in trading, financial and logistics operations. Payments, based on cryptocurrencies are performed as soon as possible and with a minimum commission fee, which allows significantly reduce risks, increase profitability and solve the problems of international online trade.

Time – any transaction is held within seconds. Payment transit time is transparent and tracked in network browsers. The user can regulate the transit time, increasing the transaction cost.

Volatility – low currency volatility allows the customer and the seller to send and pay WTP token amounts, which meet their expectations.

Laws and regulations – government restrictions on cryptocurrencies are relics of the past. The legalization of digital currencies in many countries allows using crypto payments with low tax rates of without them.

Logistics – systems of cargo tracking based on blockchain technology allow to create transparent online-services for controlling movements of goods and cargo.

Payments – low cost of payments in WTP token allows to perform micropayments and the cost of big transactions also remains cheap.

Trust – cryptographic systems allow verification of users using electronic signature systems.

Safety is ensured by cryptographic protection using encryption systems based on SHA-256 algorithms, that with the current development of microprocessor technology do not allow brute force hacking.

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Web Token Profit platform connects consumers and sellers

worldwide to create an ecosystem which will bring E-Commerce trade

on a whole new level.

The use of WTP token in the payment systems and projects under

developing creates unique tokenomics. So not only current projects can

function, but ordinary users can make money, participating in them.

International marketplace, social platforms, global currency exchange, and

multi-currency wallets are bricks of a huge Web Token Profit ecosystem.

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6. WTP token

WEB TOKEN PROFIT PLATFORM CURRENCY

WTP token is used a payment asset on Web Token Profit

WTP token is emitted on the Ethereum platform, ERC20 standard.

Currently, Ethereum blockchain is a branch standard for digital assets and

smart-contract emission.

Smart-contract ERC20 interface allows deploying a standard token

compatible with the existing Ethereum ecosystem infrastructure.

The ability of Ethereum network to deploy smart-contracts without a

guarantor intermediary supports the realization of hard emission of crypto-

currencies, digital financial contracts, and atomized stimulation structures.

Ethereum with its advanced features and active ecosystem is ideal for WTP

token.

Smart contract address: 0x1680cfdad75da2bb56ded4f36bb9423c86ffa7b7

Total token number: 21 000 000 WTP

Token number is a constant value and according to the smart contract

can't be increased. Smart contract ensures transaction safety, transparency

and protection.

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7. ROADMAP

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WEBSITE: https://webtokenprofit.com

E-MAIL:

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YouTube Channel https://www.youtube.com/c/WebTokenProfit

TELEGRAM:

https://t.me/webtokenprofit