Eliconn's smart payment and AR (account receivable) financing Project. Co-work with partners from Taiwan, HK, China, and the US.

1. EliPay
Smart Payment
2019 May

2. General InfoSection I.

3. Proposal |
At the current transaction process,
money flow from consumer to the middle
agent (bank/online banking), then to the
merchants.
It may cost longer time and additional
fee in each step.
Where’s Our
Deposit / Working
Capital / Money
from online
transaction?

4. Proposal |
Concept 1:
Blockchain
Technology
By design, a blockchain is
resistant to modification of the
data. It is “an open, distributed
l e d g e r t h a t c a n r e c o r d
transactions between two
parties efficiently and in a
verifiable and permanent way.
Non-centralization; Distributed
ledger; Smart Contract

5. Proposal |
Concept 2:
Supply Chain
Finance
Merchant <-> Consumer
Account Payables (AP)
Account Receivables (AR)
Proposal |
A set of solutions that optimizes
c a s h f l o w b y a l l o w i n g
businesses to lengthen their
p a y m e n t t e r m s t o t h e i r
suppliers while providing the
option for their large and SME
suppliers to get paid early.

6. Proposal |
Concept 3:
Payment System
Mobile payment (also referred
to as mobile money, mobile
money transfer, and mobile
wallet) generally refer to
payment services operated
under financial regulation and
performed from or via a mobile
device.
Prepay; Cash Pay; Post-Pay

7. Proposal |
What we try to do
EliPay would like to apply
Blockchain technology to current
Prepaid system and increase
the efficiency of Supply Chain
Finance (AR financing).
In this idea, we provide secured
payment for customers,
convenient working capitals for
merchants, and innovative
fintech for financial sectors.
Quantum
Finance

8. Proposal |
Problems ShootingSection II.

9. Proposal |
And the needs for proper and
more secured payment systems.
Rapid
growth
Online
Transaction
• By 2017, total online-shopping users reached 533 million (increased
14.3%) and the volume of transaction was about 7,300 billion RMB.
According to the official report, it can find that from 2011 to 2017,
the scale of online-shopping grow rapidly and attract 340 million
new users.
• The average of transaction is 7 – 20 day- from initial order to close
the deal. During this capital-flow period, up to 3 billion per day has
been “occupied” and the profit has not distributed to either users or
merchants.

10. Proposal |
The Prepaid Card scam
Customers top-up their
prepaid cards with cash
or credit card.
20%
1537
In Shanghai (2017), the disputes of prepaid card
has increased 20% from 2016.
In Shanghai (2017), 1537 cases related to the
“abscond with the money” issue.
In Shanghai (2017), there were 16951 complaints/scam cases,
including various industries: beauty salon, restaurant, gym,
bike-share (e.g. OFO), etc. In the first season of 2017, the
“Prepaid Card” disputes increased 20%.
In those Prepaid Card disputes, “abscond with the money” is
the main cause. In 2017, fraudulent bankrupt, misappropriate
management caused customers’ losses.
In Guangdong, the illegal incomes from prepaid card cases
was 50 million RMB in 2017, while the total cases increased to
7195 from 3131 in 2015.

11. Proposal |
The Potential of Prepaid Card
According to the study (2018-2023年中国移动⽀付
⾏业发展趋势及投资决策分析报告), the mobile
payment will become the major payment in near
future. In China, the country handled a total
number of 125.111 billion non-cash payment
transactions with the amount of 3,687.24 trillion
yuan.
Life with NCT is future
Noncash Transactions
(NCT)
Supermarket
Shopping Mal
l
Restaurant Beauty Salon
Gym & Healt
h
Massage Entertainment
< 500 > 500
From 100 –
1000
Usually > 1000 Usually > 1000
Usually >
1000
Usually > 1000
Frequently, 1-2 t
imes per day
Once every two
weeks / season
Frequently
Form the initial year, customers usually use once per week until
reach the peak at the second year (2-3 times per week). Afterward, t
he frequency declines until termination.
Consumer Behaviors

12. Proposal |
EliPay SolutionSection III.

13. Proposal |
The EliPay smart contract ensure clients can control their
own capital/digital asset. Before the real transaction, no one
should manipulate the profit from “prepay” system.
Secure Users’ Asset
To clients, EliPay reduces the risk of
consumption; to merchants, Elipay ensures
the future payment with potential AR
financing; to financial sectors, EliPay
provides data and attractive derivatives.
Win-win-win solution
Efficiently transfer asset/capital’s
ownership and right of access.
Clients can “deposit” their “prepay”
right and get further discount and
earn financial income.
Smart Consumption
Eliconn would like to offer an innovative payment tool – EliPay, which contains the core
concepts of blockchain technology: incorruptible, anonymous, encrypted, trackable, and
decentralization. EliPay aims at withdrawing “money-in-transit” from the “prepay”
system, ensuring customers’ right, and guaranteeing merchants’ future income.
Consum
er
Merchants
Financial S
ectors
EliPay – fundamental ideas
EliPay encrypts and confirms the prepay right
of each “money-in-transit” transaction. It can
be regarded as the personal “draft” of each
customer, or the “token” of specific purpose.
We all this mechanism “Quantum Finance”
or “Quantum Wealth”.

14. Proposal |
0
1
03
04 02
Auto-monitoring
prepay balance
system
Digitalized data/asset
can be financialized
and traded
The blockchain-
based algorithm and
distributed ledger
Non-centralized
mechanism
Merchants
Customers
Provide discounts
Payment/Settlement
Provide goods & services
Prepay
deposit in
personal
account
Confirm/secure
by Smart
Contract
Provide financial
Services (e.g. AR
financing)
EliPay – New Prepay System

15. Proposal |
Advantage
• Before the consumption, it doesn’t require the real “top-up”, instead,
the Elipay smart contract shall send a “AP” request to customer’s
bank/account to keep that prepay right. After real transaction, the
payment shall automatically transfer to merchants.
• Before transaction, interests can be accumulated and given to users.
• Merchants can also be promised the future income and request AR
financing from financial sectors.
Promise to pay and confirm
account payables (AP) – “prepay”
Customers control
their assets
Provide AR financing
services
Receive account
receivables (AR)
Provide discounts
Money-in-transit according
to each transaction
Financial Asset
Exchange
0
1
03
04 02
Auto-monitoring prepay
balance system
Customers deposit prepay to their
own bank account and this AP should
not be controlled by merchants.
Digitalized data/asset can be
financialized and traded
EliPay provide date for bank to
confirm each AP transaction and
create digitalized asset. Then, the
factoring company can offer
merchants AR financing services.
The blockchain-based algorithm
and distributed ledger
Blockchain technology can
reduce the risk from centralized
agent and mistakes.
Non-centralized
mechanism
Peer-to-peer mechanism: the
smart contract connects
consumer, merchant, and bank
to complete transactions.
Smart Pay – Prepay without top-up

16. Proposal |
EliPay – Highlighted Features
The blockchain remove (or reduce) the i
ntervention of middle agent. Especially i
n the prepay process, the benefits from
cash flow should be given back to users
.
Smart contract and distributed ledger c
an secure transaction data and perform
the better risk control. Meanwhile, the
bank/credit reporting agent is able to as
sess different users.
Small-size merchants can easier reque
st AR financing and increase their worki
ng capital.
Smart
Payment
The blockchain-based mechanism with
the settlement/clearing ability (corporate
with banking partners). The main features
contained in this system: incorruptible,
trackable, with collateral, implementable,
and lower cost. Besides, it also secures
customers’ account, property right, cash
flow and gives “money-in-transit” profits
back to clients.

17. Proposal |
Payment Process

18. Proposal |
Cross-border Payment Flow

19. Proposal |
Applicable scenarios
EliPay can simply connect with various APIs
Merchants, retailers, online/offline shops
, shopping mall…even different industrie
s: education, hospital, hotel, charity, etc.

20. Proposal |
The possibilities to integrate Smart
Payment with sustainable development
goals (SDGs), especially improve life’s
quality in both financially and
practically.
EliPay & SDG?

21. Proposal |
EliPay Demo
EliPay can be connected with current payment system
and share the data.
Users can simply login with their existing accounts and
consume in any online/offline shops.
Multiple APIs
Available
Simple Login and QR code
Screenshot from the EliPay Demo

22. Proposal |
EliPay Demo
EliPay focuses on prepay market and provides an easier
way to manage different prepay memberships.
Users can “deposit” their prepay promise and the smart
contract will verify them.
Manage Your
Prepay Cards
Different prepay cards with clear view
Screenshot from the EliPay Demo

23. Proposal |
EliPay Demo
EliPay can connect with
various industries and
provide customized
gateways.
At the first stage, we
focus on Chinese market
(thus we only test in
Chinese).
In the near future, EliPay
shall be developed in
more regions, e.g.
Southeast Asia, Africa.
AP from customers
is the AR for
Merchants

24. Proposal |
02
01
03
04
Consuming Scenarios
Eliconn and its partners have negotiated with
several attractive businesses & scenarios.
Powerful Business Partners
With internal and external supports from
suppliers, funders, tech providers.
ERP + SCF
Eliconn’s ERP and SCF services provide a
better business management and capital flow.
Security
The money is kept in consumer’s own account
until the smart contract triggers the payment
EliPay – Smart Prepay
The next Payment Revolution

25. Proposal |
Blockchain Technology
Partnered with
Tomochain
and Ontology
• Eliconn has partnered with advanced blockchain developers –
Tomochain (based in Vietnam) and Onotology (based in China). The
corporation bwtween Eliconn’s developers and partners can bring
more values to EliPay product.
• The transaction and personal data shall be saved and verified on
distributed ledgers which are developed by both sides.
• More super-nodes are going to connect (e.g. financial sectors, public
sectors) and data can be shared among necessary institutes.

26. Proposal |
SCF Service
Multiple financial services
can be provided to
merchants, retailers, and
customers.
Transaction Information
Details can be processed and
verified on distributed ledger.
Basic Information
Smart Contract can record
prepay promise.
EliPay + Blockchain
Fintech ‧ Consulting ‧ Service

27. Proposal |
About UsSection IV.

28. Proposal |
Meet Our Team
Members from different
backgrounds
Our team has 20+ years experiences in Financial
sector, fintech, mobile payment, blockchain
technology, token/custodian, investment, real estate,
and project management.
Kindly contact us if
you would like to
know further.
CEO
CIO
COO
CFO
CTO
CMO
more…

29. Proposal |
英⻜凌迪
Platinum
和⼲投资
ZhongHu focuses on smart commun
ity, agri-tech project and implement
EliPay to their system.
He Guang is an asset management
company and it will repackage finan
cial asset from EliPay.
⽆忧保理
厚康科技
HoConn has its business in smart home,
digital life and e-commerce. EliPay acts
as the major payment in its system.
Infinity provides international payment
gateway, settlement/clearing, and
tax-refund services.
Platinum is the tech-partner and
token economy consultant for EliPay.
Eliconn has been incorporated with Finconn Inc. (Foxconn) and other groups.
Core Partnerships

30. Proposal |
Meet Our Global Partners
Powerful Institutes & Corporates
The list may be modified due to the change of partnership

31. Proposal |
Our Ambition
Eliconn would like to
introduce the innovative
payment system with
blockchain technology for all.
v Self-Finance
(financial
inclusion)
v Fintech-driven
growth
v Win-Win-Win
Solution for all

32. Proposal |
EliPay, the
Smart Payment
EliPay can be further used in
different areas:
• Corporate Wallet
• AR/AP Financing
• Settlement and Clearing
• International Trade
• B2B Transactions
• Remittance
• Credit Reporting
• Charity
0

33. Proposal |
Thank You
eliconn.io@gmail.comhuangichan33 UBI, Avenue 3 #08 – 13
VERTEX, Singapore 408868
https://www.linkedin.com/c
ompany/14533182