NEECOM – May 16, 2018 Todd L. Gould, CEO HUMAN BLOCKCHAIN™ NEECOM – May 16, 2018 Todd L. Gould, CEO

Background Founded Loren Data in 1987 EDI Since 1996 X12 Board of Directors Life Outside of EDI © 2018, Loren Data Corp.

First, a Quiz How much energy does it currently take to process Bitcoin? Equals the entire power output of Ireland! © 2017, Loren Data Corp. Human Blockchain™

Basic Blockchain Features Components The Ledger Security Multiple Copies Auditable Non-Repudiation Security Smart Contracts Proof of Work (PoW) Blocks Chains Hash Values Wallets Private Keys Value © 2018, Loren Data Corp. Human Blockchain™

Why? Trust © 2018, Loren Data Corp.

What Can We Do with It? Monetary Transactions Chain of Custody Voting © 2018, Loren Data Corp.

Our Toys Ledgers Blocks Hash Values Lego Baseplate 2x2+ Legos Wallets Private Keys Green, Blue and Yellow Buckets Matching Color Hats Mines Value Red Buckets Puppies © 2018, Loren Data Corp. Human Blockchain™

Setting Up Our Ledgers Rules Consensus Difficulty Effort = Reward Volunteers Three Ledger Managers One Validator Agent © 2018, Loren Data Corp. Human Blockchain™

Mining Our First Block Rules Difficulty Uniqueness Effort = Reward Volunteers Three Miners © 2018, Loren Data Corp. Human Blockchain™

Our First Wallet Features Public Address (Bucket) Private Key (Hat) Where we keep information, links, hash values, etc. Private Key (Hat) © 2018, Loren Data Corp. Human Blockchain™

Our First Reward Features Meet “Hash” Something of Value The reason for the blockchain We can transfer it and track that transfer Cryptocurrencies Data Objects © 2018, Loren Data Corp. Human Blockchain™

Our First Chain – Transferring Value Features Our Rules Stored in blocks Tracking Security Hash Values Transfer of Value Hat color must match bin color to move value Majority of Ledgers must agree on Sender and Receiver Transfer occurs with majority consensus Minority is updated to reflect Majority © 2018, Loren Data Corp. Human Blockchain™

CONGRATULATIONS! © 2018, Loren Data Corp. Human Blockchain™

Variations Mining Higher Difficulty Scenarios One solution is now gone Limiting pool of solutions Not all Ledgers Match Attempt to Move to Multiple Wallets Lost Secret © 2018, Loren Data Corp. Human Blockchain™