WHITE PAPER · Apart from startups, banks also have been actively investing in this decentralized system as we have sh own in a example. Various banks have shown interest and started

EDIEN

WHITE PAPER Ver 1.5.2

Introduction What is Blockchain Blockchain info Foundation name story Edien coin Usage Explanation of Edien coin blockchain use case EDIEN technology 1. PRT(Palm recognition technology) Technical ins Methodology EDIEN technology 2. Payment blockchain technology EDIEN technology 3. EDIEN Hand area detection

technology based on palm models Introduction Environmental protection and EDIEN blockchain Recycling Environmental contracts Non-profits Market Adaptations Contract List EDIEN is not a security Absence of income or profit guarantee Related risks Regulatory uncertainty A quantum computer Risk of loss of funds Risks from the use of new technology Crowd investing integrated Basic Specifications of EDIENCoin Edien Developer Business Plan For EDIEN FOUNDATION Chapter 1 General Provisions Chapter 2 Membership Chapter 3 Organization Chapter 4 Directors Chapter 5 General meeting Chapter 6 Directors meeting Chapter 7 Assets and Accounts Chapter 8 Subcommittee and Research Center Chapter 9 Rewards, Punishments Chapter 10 Supplementary rules Chapter 11 Addition rules

EDIEN COIN WHITEPAPER v1.5 3

Introduction

World finance and technology are developing at a tremendous pace. The technology of the block chain is a force that will change the form of society and finance. What is Blockchain? The simple explanation is a 'chain' of blocks. A block is an aggregated set of data. Data are collected and processed to fit in a block through a process called mining. Each block could be identified using a cryptographic hash (also known as a digital fingerprint). The block formed will contain a hash of the previous block, so that blocks can form a chain from the first block ever (known as the Genesis Block) to the formed block. In this way, all the data could be connected via a linked list structure. Although we cannot avoid using fiat currency, it is quite obvious that we are carrying less paper money in our leather wallets, and they have all been converted into digital assets kept in banks or credit cards. Eventually, they are featured in a similar format as cryptos, and are used in our daily lives these days. The world is gradually initiating that crypto is a better format of keeping your assets safely and decentralized. However, there have been several cases of malicious attacks and disturbances in the market where robbery and hacking events have occurred. Of course, this event of thievery was not occurred in matters of the blockchain, but rather that of the personal information and database resources EDIENCoin is a new development of crypto based currency that will be using new features and technics of security and encryptions so that worldwide payment solutions can provide customers with liable modules for payment and transactions. Personal information needs a new format of being kept safe and solid. EDIENcoin will provide the world a new solution where nobody will have to be afraid of keeping their cryptos in their portable devices


Introduction

Blockchain info The Blockchain is an encrypted, distributed database that records data, or in other words it is a digital ledger of any transactions, contracts - that needs to be independently recorded. One of the key features of Blockchain is that this digital ledger is accessible across several hundreds and thousands of computer and is not bound to be kept in a single place. Blockchain chain has already started disrupting the financial services sector, and it is this technology which underpins the digital currency- bitcoin transaction. With Blockchain technology in financial sector, the participants can interact directly and can make transactions across the internet without the interference of a third party. Such transactions through Blockchain will not share any personal information regarding the participants and it creates a transaction record by encrypting the identifying information. The most exciting feature of Blockchain is that it greatly reduces the possibilities of a data breach. In contrast with the traditional processes, in Blockchain there are multiple shared copies of the same data base which makes it challenging to wage a data breach attack or cyber-attack. With all the fraud resistant features, the block chain technology holds the potential to revolutionize various business sectors and make processes smarter, secure, transparent, and more efficient compared to the traditional business processes.


Introduction

Foundation name story Bible eden & plato idea and compound word edien Edien coin Usage Edien Blockchain technology allows everyone to hold and make transactions as strangers but in a completely transparent manner. There is no mediator in between two people making the transaction, and the entire process becomes easier and cheaper. This concept can be applied to the entire digital world, making any kind of exchange/transactions secure.


Introduction

It is now a known fact that the use cases of blockchain have been increasing by the day. There has increasingly been a large number of ways in which real-world assets could be linked to the Edien blockchain and traded digitally. A proof-of-concept is being run for trading commodities (like physical bars of gold, silver and diamond) after being authenticated via blockchain, establishing ownership of real-estate properties, to provide election voting, etc. Apart from startups, banks also have been actively investing in this decentralized system as we have shown in a example. Various banks have shown interest and started experimenting with the blockchain. The below infographic provides a snapshot of companies and the broad applications that they are providing over blockchain. These include both non-financial and financial/currency-related (bitcoin and other digital currencies) applications.


Introduction

Explanation of Edien coin blockchain use case * App development: Proof of ownership of modules in app development * Digital content: Proof of ownership for digital content storage and delivery * Ride-sharing: Points-based value transfer for ride-sharing * Digital security trading: Ownership and transfer * Digitization of documents/contracts: Digitization of documents/contracts and proof of ownership for transfers * Decentralized storage: Decentralized storage using a network of computers on blockchain * Company incorporations: Digitizing company incorporations, transfer of equity/ownership and governance * Decentralized Internet and computing resources: Decentralized Internet and computing resources to cover every home and business * Home automation: Platform to link the home network and electrical devices to the cloud * Digital identity: Provides digital identity that protects consumer privacy * Escrow/custodian service: Escrow/custodian service for the gaming industry; loan servicing and e-commerce * IT portal: A smart contract IT portal executing order fulfillment in ecommerce/manufacturing


Introduction

Explanation of Edien coin blockchain use case * Patient records: Decentralized patient records management * Digitizing assets: Improves anti-counterfeit measures * Reputation management: Helps users engage, share reputation and collect feedback * Prediction platform: Decentralized prediction platform for the share markets, elections, etc. * Enables authenticity of a review: Enables authenticity of a review through trustworthy endorsements for employee peer reviews * Marketplace for sales and purchases of digital assets: Proof of ownership and a marketplace for sales and purchases of digital assets * This White Paper is not final and it can be revised later to perform efficiently. The Edien Foundation is conducting business with all technical cases in place. At this time, the Foundation is designing a technology platform to stabilize various recognition systems and settlement structures for technology implementation .


EDIEN technology 1. PRT(Palm recognition technology)

Technical ins Applications that use the human hands are one of the most natural and intuitive methods to communicate between people and machines in Human Computer Interaction. Technology of hands detection and posture recognition is of great importance for computer vision, because of its extensive applications in sign language recognition, virtual reality, navigation and computer games, including HCI. In this paper, we propose a method of hands detection and hands posture recognition in ToF(Time of Flight) depth image. These suggested methods consist of four parts: image acquisition, pre-processing and hand detection, finger detection, and hands posture recognition. In the image acquisition stage, we use kinect version 2. Also we apply Z-direction cut and binarization of image in pre-processing and hand segmentation stage. The next step is processed in distance transform, palm region setting, skeleton algorithm and convex hull. From this, finger tips are obtained by calculating convex defects. Finally, we judge the location between palm center point and finger tip point, and calculate finger angle by dot product of vector. Experimental results show that the methods we proposed can recognize 11 hand postures as 97.2% recognition ratio and 17.16ms process time


EDIEN technology 1. PRT(Palm recognition technology)

Methodology. Internet banking, e - commerce, and other activities in the real world are expanding into cyberspace. As the activities of individuals and companies are becoming internationalized, there is an increasing interest in personal identification methods with enhanced security. As a result, studies on individual identification using biometric information of humans have been actively conducted From the low-resolution hand image obtained by the non-contact method, and explore ways to identify individuals. EDIEN's proprietary PRT technology allows you to register your information in a block chain and use your own perceptual information without central administration or risk of tampering


EDIEN technology 2. Payment blockchain technology

The strength of the block chain is that counterfeiting of transaction records is almost impossible. Since it is a decentralized network system that is not a centralized management system based on existing servers, counterfeiting is theoretically impossible unless the transaction books transmitted to all users participating in the virtual money network are manipulated simultaneously. In addition, a decentralized system of block-chains can speed up data transmission and dramatically reduce system management costs. In addition, nine global investment banks, including Goldman Sachs and JP Morgan, said they plan to create a common standard for extending block-chain technology to financial services. The banking association, named 'R3', has since expanded to 22 banks, and has begun work on the development of securities and derivative products using virtual currency and block chain technologies such as bit coins.


EDIEN provides an inter-personal (P2P) business-to-business (B2B) solution using a block-chain platform Block chaining and decentralized ledgers can be the way to integrate commercial-wide archival preservation. In addition, block chains can be used for settlement, bill exchange, and settlement. EDIEN's specialized dual ledger management method further assures stability and adds stability to management and time processing methods. In addition, EDIEN's PRT technology-based payment structure technology demonstrates block-chain technology ahead of any solution in terms of security and convenience

EDIEN technology 2. Payment blockchain technology


EDIEN technology 3.

EDIEN Hand area detection technology based on palm models

The hand is initially detected in a captured image, from which it is clipped out using block units of set sizes. Calculations are then made to determine whether or not the hand's characteristics (a palm model) exist as pre-registered data. The actual position and size of the hand is determined by performing this operation against the backdrop of the overall image while changing the position and size of the blocks. Next, the hand's area is extracted by taking the determined hand position and size and simultaneously changing the color threshold of certain parts to express the hand's original image. These operations ensure stable detection of the hand area.


EDIEN technology 3.


Introduction Researchers in the field of biometrics found that human hand, especially human palm, contains some characteristics that can be used for personal identification. These characteristics mainly include thickness of the palm area and width, thickness and length of the fingers. Large numbers of commercial systems use these characteristics in various applications. Edien Hand geometry is based on the palm and fingers structure, including width of the fingers in different places, length of the fingers, thickness of the palm area, etc. Although these measurements are not very distinctive among people, hand geometry can be very useful for identity verification, i.e. personal authentication. Special task is to combine some non-descriptive characteristics in order to achieve better identification results. This technique is widely accepted and the verification includes simple data processing. Mentioned features make hand geometry an ideal candidate for research and development of new acquisition, preprocessing and verification techniques.


EDIEN technology 3.


Anthropologists believe that humans survived and developed to today’s state (Homo sapiens) thanks to highly developed brains and separated thumbs. Easily moved and elastic human fist enables us catching and throwing various things, but also making and using various kinds of tools in everyday life. Today, human fist is not used just for that purpose, but also as a personal identifier, i.e. it can be used for personal identification. Even old Egyptians used personal characteristics to identify people. Since then technology made a great improvement in the process of recognition, and modern scanners based on hand geometry now use infrared light and microprocessors to achieve the best possible comparison of proposed hand geometry patterns.


EDIEN technology 3.


Human hand contains enough anatomical characteristics to provide a mechanism for personal identification, but it is not considered unique enough to provide mechanism for complete personal identification. Hand geometry is time sensitive and the shape of the hand can be changed during illness, aging or weight changing. It is actually based on the fact that every person has differently formed hand which will not drastically change in the future. When placing a hand on the scannercam, the device usually takes three-dimensional image of the hand. The shape and length of the fingers are measured, as well as wrists. Devices compare information taken from the hand scanner against already stored patterns in the database. After the identification data are confirmed, one can usually gain access right to secured place. This process has to be quick and effective. It takes less than five seconds for the whole procedure. Today, hand scanners are well accepted in the offices, factories and other business organization environments. The data values recognized by the camera are stored in the EDIEN block as authenticated values.


Environmental protection and EDIEN blockchain

We all know that the blockchain is the shared database technology that lies behind EDIENCoin as well as it is all set to disrupt many industries in the upcoming period. It’s by now getting implemented in banking also in the payments system; however, the majority of people don’t understand that this same technology can be used to crack the main ecological problems we are facing today on our planet. If adopted worldwide, it can even assist to bring an end or overturn climate change. As everlasting, fiddle-proof databases that are shared by a community devoid of a centralized owner, blockchains they are for the most part interesting for environmental causes. They make it probable to track as well as confirm transactions plus interactions without a centralized authority. This can considerably boost transparency, competence, and answerability of environmental projects. Here are some comprehensive areas the blockchain can have a constructive impact on the environment.


Environmental protection and EDIEN blockchain

Recycling With the present recycling programs, people often don’t have good quality incentives to contribute. The liability for running recycling programs frequently falls on each separate city, which results in a lot of places not having recycling programs in any way. A recycling plan on the EDIEN blockchain could give confidence for the participation by giving a financial remuneration in the form of a cryptographic token as barter for depositing recyclables like plastic containers, cans, or bottles. Environmental contracts In can be tricky to track the actual impact of environmental treaties, as well as sometimes there isn't a motivation for governments or corporations to maintain their promises. Scams and exploitation of data are also problems in this region. EDIEN Blockchain could dishearten corporations and governments from back off on their environmental promises or misreport their growth since the technology would permit to clearly track important environmental data, plus demonstrate whether commitments were fulfilled. Non-profits When you contribute to an environmental charity, it can be hard to track where the money goes otherwise how it is spent. Corruption, bureaucracy as well as wastefulness are still widespread in the charity space. EDIEN Blockchain technology can make sure that money intended to be a reward for protection or compensation for a specific reason, does not vanish into unintended pockets through bureaucratic mazes. Blockchain-based money could even be released mechanically to the correct parties in rejoinder to meeting specific ecological targets


Market Adaptations

Since the beginning of 2016, the total market capitalization of cryptocurrencies has increased almost 14 times reaching 165 billion in early september 2017 EDIENCoin is planning to create a shopping platform, as well as a new payment solution and combine these two items to create a synergy in this new crypto market. Our solution will provide a new paradigm for shopping culture as the payment solution itself will also raise in price in such market conditions.


Contract List

This document is provided for informational purposes only and is not a suggestion or call to buy or sell securities or securities on the EDIEN platform EDIEN is not a security The user acknowledges, understands and agrees that EDIENCoin is not a security and has not been registered by any government agency and can not be considered. You agree that ownership of EDIENCoin shall not be relied upon for any benefit or profit, payment or retention, management or disposition, Understand, and agree to be bound by the terms and conditions of this Agreement, and not to grant any rights to any or all of the assets of edien, or any other rights, interest, interest in edien or edien platforms, Absence of income or profit guarantee There is no guarantee that the value of the EDIENCoin token will continue to increase. There is no assurance that EDIENCoin will not decline in price due to unforeseen events, circumstances beyond the control of the developer, or force majeure. Related risks EDIENCoin is issued in a block chain. Therefore, due to a protocol error or malfunction, EDIENCoin's trading network may not work as expected


Contract List

Regulatory uncertainty Block-chain technology is managed and controlled by various regulators around the world. EDIENCoin may be subject to more than one request or action, including, but not limited to, the use or possession of the digital, such as EDIENCoin, which may slow or limit future EDIENCoin functionality or redemption. A quantum computer Technological innovations such as the development of quantum computers can put virtual money at risk, including EDIENCoin. Risk of loss of funds Funds raised through fundraising are not covered by insurance. There is no personal or official insurance representative to whom buyers can contact if funds are lost or lost value Risks from the use of new technology EDIENCoin is a new, relatively less tested technology. In addition to the risks mentioned in this document, there is an additional risk that the EDIEN platform team can not anticipate. These risks may represent other forms of risk not recorded here.


Contract List

Crowd investing The EDIEN platform disclaims any liability or obligation with respect to any obligations raised by the Founder of the CrowInventing Campaign to investors who purchase coin on the EDIEN platform. The EDIEN platform is just a mediator between the campaign creator and its investor. The only function of the EDIEN platform is to transfer funds from the investor to the founder and transfer the token of the founder of the CrowInvesting campaign to the investor. EDIEN does not guarantee the campaign creator's assertions. integrated This Agreement constitutes the entire agreement between the parties with respect to the contents of this Agreement. All previous agreements, discussions, presentations, warranties and conditions are combined in this document. Except as expressly stated in this Agreement, there are no express or implied warranties, representations, conditions or agreements between the parties. This Agreement may only be modified or amended by written documents executed fairly by the parties.


Edien Developer

Ronald Engelbrecht Chief Operation Officer COO: EDIEN FOUNDATION Jan 2018 - Present President: AP SYSTEMS: Sep 2010 - Dec 2017 CEO: I-STREAM, CORP. May 2005 - Aug 2010 VP MKT: APC CORP. Aug 1996 - Mar 2005 VP Sales: OKI Semiconductor: Apr 1988 - June 1996

David Singh UX/UI Designer

Experienced Software Engineer, Ph.D. Thrives on open-ended challenges, and experienced cryptoc

urrency design engineer since Oct 2016 Senior Research Scientist: July 2014 - Jun 2016

Ph D. Computer Science 2009 - Jun 2014 Richard Mariani Cyber Security Engineer San Jose, Bay Area Experienced cyber security engineer for cryptocurrency since Jun 2015 Ph D. Computer Science 2010 - Jun 2015

Isaac Franco Customer Support Specialist / Web Designer

Southern California

Experienced Technical Marketing and Web Designer Computer Science / BSEE 1990 - Jun 1995


Basic Specifications of EDIENCoin�

Name:� EDIENCoin �

AKA:� EDIENCoin�

Abbreviation:� EDN�

Features:� PRT(Palm recognition technology_�

Features:� Payment blockchain technology �

Features:� Environmental protection and EDIEN blockchain

Special Feature:� Anti-Criminal Features�

Segregated Witness (SegWit):� Yes�

Coin type:� PoW hybrid protocol, resistant to 51% attack�

Encryption Algorithm:� scypt based�

Average Block Time:� 1 minute�

Total Coins:� 5000000000�

First Mining� 2000000000�

Pre-day Coins:� 2577600�


Business Plan For EDIEN FOUNDATION

Article of EDIEN FOUNDATION Chapter 1 General Provisions Article 1 (name) This Foundation will be called EDIEN FOUNDATION in English and its code will be written as EDF. Article 2 (purposes) EDF shall fulfill a global mission in adjusting the dis-balance among countries in various economic, technical and infrastructural premises, participate in regional and national development plans, supporting fundamental human rights, equal chances of acquiring basic education, raising people’s cultural standard of life, supporting equal development of industry, scientific and technology, equal distribution of resources, creating all feasible situations for a perfect world peace, human coexistence and creating all economic, technological and social basis for the entire peaceful relationship among nations and people of various colors, religion, culture, language as all have been born equal. Creating a unique atmosphere for the entire well being of humanity in our planet. Article 3 (business) EDF will develop the following business in order to accomplish the purposes stated at Article 2. 1. A friendly cooperation among different Continents, Regions and Countries as participant member of the designed national and regional development programs. 2. Assisting the world poorest people in furnishing basic needs like clothes, food and houses as priority as human being’s basic rights. 3. Providing all required material and technical assistance for all needy nations and societies in developing educational and cultural integration. 4. Investing a substantiation fund on regional and national integrated development programs like, agriculture, mining, infrastructure, education and information technology. 5. Creating all feasible atmosphere for a balanced and equal development of each country. 6. Creating conditions for equal distribution of resources for each country. 7. Funding all global recycling technologies, green-house and non pollution production sectors. 8. Settlement of dispute and movement for peace between regions and nations. 9. Adjustment of distribution methods and equal chance of sharing profits among participant nations. 10. Assisting friendly association and integration among nations. 11. Assisting cultural, economical and information exchanges among nations. 12. Assisting service giving facilities for disable human groups and poor societies. 13. Assisting movements for a positive and humanly relationship. 14. Assisting all who are moving forward for the accomplishment of the idea of EDF. ARTICLE 4 (LOCATION) Central headquarter of EDF will be chosen by the founders.



Article of EDIEN FOUNDATION Chapter 2 Membership Article 5 (membership) All regions and countries, any developmental group of international organizations, universities, research institutes, foundations, trustees, individuals etc. can be member of EDF in promoting a brand new 21st century healthy planet. Article 6 (join and secession) 1. The members specified on article 5, who wants to join to EDF through participating procedures have to obtain agreement from founders headquarters. 2. Members who wish to withdraw from the organization can withdraw based on the organization’s terms and procedures. Article 7 (right of membership) The members of EDF will be able to participate in the relevant business which this Foundation operates, and has a right of expressing his views and participating in the process of voting, election, and being elected and participating in every relevant meeting. Article 8 (duty of member) The members have the following duties; 1. The members shall have to keep rules, procedures and resolutions of this Foundation. 2. The members have to participate in the given business actively and have to report the decision of the meeting and activities to the Foundation.



Article of EDIEN FOUNDATION Chapter 3 Organization Paragraph 1. (Headquarter of EDF) Article 9 (characteristics) 1. Headquarter of every nation will consist and function according to rules and procedures of EDF. 2. The headquarter of the EDF will arrange systems and control what activities to be fulfilled by the general meeting, regional directors meeting and by the departments meeting. Article 10 (headquarter [office] of EDF) The headquarter office will be selected by the founders. 1. The office will plan all activities and provide to the general and directors meeting, and arrange and provide agenda to the general and directors meeting. 2. The office will be managed by the general officer, bureau director, team manager and team member. 3. The office will hold daily meetings for the plan and execution of business. Paragraph 2. (Headquarter of every nation) Article 11 (characteristics) 1. The Headquarter of every nation will be set up according to the rules and procedures of EDF. 2. The chairmen of every nation will be elected by the general meeting of every nation. 3. The headquarter of every nation will execute the proposed business decided by the general or directors meeting of EDF. 4. The headquarter of every nation will plan practically and execute in order to fulfill proposed projects of the EDF through the general and directors meeting of every nation. Article 12 (rules of EDF headquarter and every nation) The rules of every nation will be decided and revised against the rules and procedures of EDF. Paragraph 3. (advisor meeting) Article 13 (characteristics, constitution) 1. EDF will elect advisers in assisting the activities of the Foundation. 2. The Advisers will be appointed by the chairman of EDF at the decision of directors meeting.



Article of EDIEN FOUNDATION CHAPTER 3. ORGANIZATION Paragraph 4 (department meeting) Article 14(characteristics) EDF will consist of subcommittees listed below in order to execute freely relevant planned projects stated on Article 3. 1. Subcommittee of land cultivation. 1) department of land development 2) department of city development 3) department of infrastructure development 4) department of environmental development 2. Subcommittee of construction. 1) department of SOC 2) department of industrial facilities 3) department of house construction 4) department of medical & well-being facilities 3. Subcommittee of natural resources development. 1) department of crude oil development 2) department of mines development 3) department of renewable resources development 4) department of ocean resources development 4. Subcommittee of supplies 1) department of food resources supplies 2) department of natural resources supplies 3) department of living necessities & industrial supplies 4) department of human labor supplies 5. Subcommittee of research operation. 1) department of green energy development 2) department of new technological research development 3) department of new material research development 4) department of medical & new pharmaceutical research development



Article of EDIEN FOUNDATION Chapter 3 Organization Paragraph 4 (department meeting) Article 14(characteristics) 6. Subcommittee of well-being 1) department of house well-being 2) department of living well-being 3) department of educational well-being 4) department of medical well-being 5) department of financial well-being 6) department of well-being facility management 7. Subcommittee of interchange 1) department of cultural tour 2) department of educational & cultural studies 3) department of information & communications 4) department of international friendship relations 5) department of international marriage 6) department of relief & services Article 15(organization) 1. Subcommittee will consist of chairman of subcommittee and vice chairman in every department who take charge of every department. 2. The chairman of EDF will appoint subcommittee chairman and department vice chairman through the resolution of general meeting of EDF.



Article of EDIEN FOUNDATION Chapter 4 Directors Article 16(organization) The directors are organized as follow; 1. Honorable chairman of EDF : 1 2. Chairman of EDF : 1 3. Advisers: 20 4. Chief vice chairman : 1 5. Vice chairmen : 10 6. General officer : 1 7. Auditors : 7 8. Chairman of each country : 1 9. Subcommittee ; chairman : 1, vice chairman : 1 Article 17(election of directors) The honorable chairman and chairman of EDF will be elected by the founders meeting of the EDF. Article 18(term of directors) The term of directors will be decided by the founders. Article 19(duty) 1. The honorable chairman of the EDF will be elected by the founders. 2. The chairman of EDF will be representing and controlling the whole duties of the EDF. 3. The chief vice chairman will take charge of the chairman’s duty when the chairman cannot function or faced an accident. 4. Vice chairman will take in charge of special duty according to the instruction of the chairman of the EDF. 5. The general officer of EDF will help the chairman group and execute in and out whole practical duties and organize the executive department. 6. The auditors audit the present assets of EDF, and audit for the whole activities. Ex : Audit of 1year period account report(book). The auditor present to the general meeting of EDF and speak his opinion to the management of EDF, and have to report auditing (auditor’s report) to the general meeting of EDF.



Article of EDIEN FOUNDATION Chapter 5 General meeting Article 20(function & organization) The general meeting as the supreme resolution organization of this EDF is organized. Article 21(call & resolution method) 1. The general meeting is organized as of ordinary meeting and temporal meeting. 2. The ordinary general meeting time will be held in December every year. 3. The temporal general meeting when chairman request or is requested more than half of hosted of central standing committee members by the chairman. 4. The necessary member of general meeting hold is organized by present number of member and resolution will be decided by the half of present members. 5. The chairman of general meeting is organized by the chairman of EDF. Article 22(item of resolution) 1. The election and related items to the chairman and directors. 2. The decision or revision relating items of article of EDF. 3. Relating items of disposal assets, sale, grant, security obtain and debts. 4. Relating items of agreement for budget and settlement of accounts. 5. The reconfirmation of important project plan executed by department committee. 6. The relating item of settlement of aims and objectives of EDF. 7. The other necessary items. Chapter 6 Directors meeting Article 23(organization of directors meeting) The directors meeting is organized by the chairman of the board meeting, chairman of EDF and directors. Article 24(classification and call) 1. The board meeting is classified as the ordinary and temporary meetings and the chairman of board meeting can call the meeting. 2. The ordinary board meeting is called before one month beginning every fiscal year, and the temporary board meeting is called by the chairman of the board meeting when he consider its necessary. 3. The call of board meeting clarifying agenda, day and hour, place of meeting 7 days before called by the chairman of the board meeting and reported to every director and auditor.



Article of EDIEN FOUNDATION Chapter 6 Directors meeting Article 25 (special sample of directors meeting) 1. When the more than of half of directors indicating items from headquarter of EDF call the directors meeting, the chairman of directors meeting have to call. 2. The chairman of board meeting is not seated or when neglecting more than 20 days, when the call of board meeting is impossible and the call by the afore written clause 1 is not hold, the directors meeting have to follow the direction of headquarter of EDF. Article 26 (written resolution) The chairman of board meeting is able to resolute with written paper about the light item or rapid item among requesting resolution items. In this case the chairman of directors meeting have to report the results to the following directors meeting. Article 27 (necessary member of resolution) 1. The directors meeting will be opened by presenting half of the listed directors and the resolution will be approved by more than half of presenting directors, however if the number of approved and object would be same number of them, the chairman of directors could decide. 2. The resolution of clause 1 aforementioned just meet to the presenting items only, but the items not to be presented, would be decided by the righter. 3. The right of resolution with written paper to the chairman of director against directors will, is regarded as mandated one to the chairman of directors meeting. 4. In case of clause 3 aforementioned, chairman of directors meeting have to notice to the whole members presented after he assured number by directors. Article 28 (resolution item of directors meeting) The directors meeting have to resolute through discussion the following items presenting to the meeting; 1. Items relating with execution of affairs. 2. Items relating with operation of business. 3. Items relating with documentation of budget and settlement of accounts. 4. Items mandated from headquarters of EDF. 5. Items which are important operating of EDF, and chairman of directors meeting subcommittee. 6. The directors meeting can not resolute not to belong in responsibilities by the rule and procedures of article of EDF and etc.



Article of EDIEN FOUNDATION Chapter 7 Assets and Accounts Article 29 (classification of Assets) 1. The assets of this EDF ordinary assets and common assets as following; 2. The ordinary assets will be ones to be decided by the directors meeting of this EDF. 3. The common assets will be ones except the ordinary assets. 4. The asset of the other organization will be done by the other procedures in case of the organization (for example of World New Saemaeul Movement (NGO) in the EDF. Article 30 (disposal of ordinary assets) 1. The headquarter of this EDF shall be fulfilled by the resolution through Article 42 (revision of Article) when the directors meeting is going to sale, donation, loan, exchange and mortgage to the ordinary assets of this EDF. 2. When this headquarter of EDF want to dispose the ordinary assets, the directors meeting of EDIEN FOUNDATION shall distribute then to the headquarter of EDF or same sort of organization. Article 31 (incomes) The maintaining and operating expenses of this EDF will be maintained by the control, operating of business, donation, subscription member’s fee and the other income sources. The directors meeting can execute the subscription and donation. After the execution of them, the directors meeting have to report and dispose to the headquarter of EDF. Article 32 (investment of income) The headquarter of EDIEN FOUNDATION will support none profitable organization or operate to invest incomes to the profitable organization through the resolution of the directors meeting of Article 4 of EDF. Article 33 (debts and requesting mortgage) 1. when the headquarter of EDF want to have a long tern debts for the businesses of purposes of the EDF, the chairman of directors meeting or his representative will operate this items. 2. When the items of aforementioned clause 1 will be operated in case of agreed upon headquarter of EDF of written paper, this directors meeting of EDF can be operated under the condition. 3. When the other organization of EDF will offer their own assets for mortgage, the other organization will be responsible for the mortgage, but the headquarter of EDF or the chairman of directors meeting will not be responsible.



Article of EDIEN FOUNDATION Chapter 7 Assets and Accounts Article 34 (fiscal year of period) The fiscal year of period of this EDF will follow the same fiscal year of period of the nation. Article 35 (budgets and settlements) 1. The annual incomes and expenditures shall have to follow resolution of directors meeting before the one month beginning of every fiscal year of period. 2. The EDIEN FOUNDATION have to obtain recognition of the directors meeting to make the settlement documentation after ending of the every fiscal year of period within 2 months. 3. The burden which he branch office or organization have to pay 10% of whole incomes of the branch office or organization in the settlement documentation of the every year. Article 36 (Audit of Settlement) The auditors shall have to audit more than once in year. Chapter 8 Subcommittee and Research Center Article 37 (Subcommittee) 1. The EDIEN FOUNDATION will organize several subcommittees in order to operate and success every sorts of businesses usefully, and be able to mandate famous experts as the member of subcommittee except the chairman of directors meeting. 2. The items relating organization and operating of every research centers will be decided with the other provision. Article 38 (Research Center) 1. The EDIEN FOUNDATION will organize several research centers in order to operate and success every sorts of businesses usefully, and be able to mandate famous experts is the responsible duty member (director ) in every research center. 2. The items relating organization and operation of every research center will be decided with the other provisions.



Article of EDIEN FOUNDATION Chapter 9 Rewards, Punishments Article 39 (Rewards) The rewards for the members and directors who are contributed to the development of this EDF, through recommendations of the chairman of EDF or secretary general will be decided with the resolution of general meeting of EDF. Article 40 (Punishments) The punishment for the members and directors who are punishable activities to the EDF, through resolution of general meeting of EDF, will be able to dismiss, disqualifying, loose of position, notices and dispose, etc. Chapter 10 Supplementary rules Article 41 (Dispersion) 1. The chairman of director meeting shall apply the opinion and be received by headquarter of EDF when this subcommittee want to disperse. 2. When the headquarter of EDF resolute the dispersion of subcommittee, the attorney have to apply to the organization of dispersion. 3. When the subcommittee is dispersed, the disposal rights of ordinary assets shall be belonged to the headquarter of EDF. 4. When the subcommittee is dispersed, the disposal rights of common assets shall be belonged to this subcommittee. Article 42 (Revision of article) When the chairman of directors meeting want to revise some of articles, he shall obtain the recognition of the headquarter of EDF, if necessary, he have to receive the approval from the relating organization. Article 43 (Establishment of rules) 1. The necessary items relating to the operation of subcommittee except the speculated in this articles will be decided by the other rules. 2. This subcommittee will use it’s organization seal and registered seal made officially in interior and exterior.



Article of EDIEN FOUNDATION Chapter 11 Addition rules Article 44 (Date of effectiveness) The effective date of this articles will be effected from the approval date of pertinent government. The additional rules decided after the articles are approach from the pertinent whit the articles, they will be regarded whit these articles. Article 45 (Every nation’s headquarter organized in abroad) Every nation’s headquarters organized in abroad will be applied suitable operating articles of other’s on the very state(nation) in this articles. Article 46 (Subscriber’s list of articles) The names, passport numbers and addresses of list(subscriber) of articles are subscribed at the end of this articles For the witnesseth as above as, establishment of EDIEN FOUNDATION(EDF), we make the articles of EDF, whole of subscribers write their names and seals or signed their names as follows;

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WHITE PAPER · Apart from startups, banks also have been actively investing in this decentralized system as we have sh own in a example. Various banks have shown interest and started