everiToken TECHNICAL WHITEPAPER Version 3.0

February 15, 2019

Blockchain technology turned 10 years old in February 2019. Despite its evolution over this time, one key question still persists: Is blockchain technology revolutionizing production in ways that create value for the global economy? Let’s look at the data—at present, the assets managed on blockchains (referred to as ‘on-chain’) are basically a variety of coins/digital currencies, with a total market value of about $150 billion USD. Assets in these chains are generally characterized by high volatility and strong speculation, and fail to provide benefits for the global economy. In fact, since Satoshi Nakamoto, people have wanted to make these ‘coins’ a payment currency, but as of now they primarily serve as digital currencies and do not play a traditional currency role. A digital currency is more of a name than an actual operating currency itself.

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The increasing complexity of production processes, the terabytes of data that are generated every second, and real-time decision-making needs imply an analytical and predictive intelligence process to which the Analytics area provides answers. Analytics refers to the ability to use data, statistical analysis and systematic reasoning to produce more efficient decision making for organizations.

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