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[ANN][AMTC] 🏺AmberTime💎🕰: 1st 🎓Education🎓 + ✈Travel✈+ ⛓Blockchain⛓

Platform

FIRST EDUCATION + TRAVEL + BLOCKCHAIN PLATFORM

As an open platform of blockchain “certified history”, AmberTime blockchain application class products are
open to schools of all levels, educational and training institutions, examinations and assessment
institutions, qualification certification institutions, travel organizations, and travel product platforms around
the world. Not only that it means the way people receive their education and the way they travel will go
through a revolutionary change, it also means people’s life-long educational history and travel footprints will
be permanently and safely stored as a very important data capital.

OUR VISION

AmberTime's vision is to become the world's most recognized and prestigious education institution with its
time-flow inspired, open source and borderless philosophy grounded on blockchain innovation.

OUR MISSION

To drive the intersection of both education and tourism by cultivating and nurturing talent with
multi-sectoral ability, wide range of interests, international perspective and a heart to contribute to the
society.

To create a top-ranking global university based on open source and borderless principles by way of
establishing a thematic institute with various types of institutions, organizations, enterprises and individuals
who share the same values ​and educational philosophy, and together develop curriculum contents, design
travel projects and make them more accessible and fulfilling to the youth.

To use the flow of time as a means of recording behaviour, academic achievements, merit awards, travel
experiences and certifications can become one's irreplicable and tamper proof assets, condensing into their
own exclusive and unique "Amber".

PROBLEM

Fake IDs, diplomas, and certificates in the black market


Difficulty in verifying claims of achievement and accreditations
Traceable personal activities in open ledgers
High-trust requirement between mutually foreign parties in commercial engagements
Slow and resource intensive transaction processing

SOLUTION

Grant cryptographically secure electronic credentials in blockchain


Support authentic claims of merit through digital signature and time verification logged in blockchain
Indiscernible encrypted transactions visible only by authorized parties published in blockchain
Decentralized trust network ensuring transaction governance and execution of escrows in the form of
blockchain
More efficient Proof-of-Authority / Proof-of-Time blockchain consensus algorithm instead of Proof-of-Work
implementation

USE CASES
EDUCATION
Validate educational achievements by auditing student credentials recorded on the blockchain.

EXPERIENCE
Log trips, tours and events joined on the blockchain upon booking or checking in.

E-COMMERCE
List, hunt, shop for goods and services directly from the blockchain wallet.

FEATURES

TIME BASED VALIDATION


Merchants can specify a maturity period for services, such that completion of the purchase can only be done
after the maturity period.

AUTO ESCROW OF PAYMENTS


Payments can be automatically place in escrow, requiring the consent of both the buyer and the service
provider for the payment to go through.

TIME LIMITED AUTHORIZATION


Users can choose to selectively grant authorization to view their information on a time-based expiry.
When the expiration date has passed, the authorization will automatically be revoked.

INTEGRATION OF E-COMMERCE DIRECTLY INTO THE WALLET


Amber's Smart Wallet will allow the user to browse services and make payments and other transactions
within the network.

PROOF OF AUTHORITY CONSENSUS


Transactions are approved through a consensus of nodes that are authorized as approvers.
Approvers are incentivized to uphold transaction validity because their reputation is at stake.

ZERO TRANSACTION FEE


Transactions on the Amber network are not subject to transaction fee.
Instead, wallets will be limited to a certain number of transactions over a given period.
Wallets with more stake in the system will be allowed to make more transactions.

REAL-TIME
Fast transaction confirmation and account settlement which doesn't take 3 days, or even 10 minutes.

IMMUTABLE
Proof-of-Integrity binded to the AMTC blockchain to ensure immutability and settlement finality.

PRIVACY
Configurable degrees of privacy, from transparent. publicly auditable to private only.

SECURE
Every individual transaction in AMTC is digitally signed unlike normal databases.
ROADMAP

Q1 2018
Initial announcement of plans

Q1 2018 - Q2 2018
Launch of website and token sale

Q2 2018 - Q4 2018
Development in TestNet

Q4 2018 - Q1 2019
Deployment in ProdNet

Q1 2019 - Q2 2019
Wallet release

Q2 2019
Service commencement
and advanced features release

FAQ

What is AmberTime’s Token Symbol?


AmberTime's token symbol is ​AMTC​.

What is the token address for AMTC?


The token address is ​0x84936cF7630AA3e27Dd9AfF968b140d5AEE49F5a​.
(​Do not send Ethers to this address!​ See below in ​highlight​ for token purchase address)

What is the total token supply of AMTC?


The total token supply in the AmberTime Universe is 2 Billion AMTC.

What is the minimum contribution?


The minimum contribution is 1 ETH (Ether)

What is AMTC's Angel Funding Round price?


The initial price of 1 AMTC is 0.0002 ETH, 1 ETH for 5000 AMTC.

What is the Contract Address of AMTC Angel Funding Round?


The contract address is ​0xb53a656bd0bbde2b272aa002a2f1a8d6137fce31

When will AMTC's Funding Round begin?


The 1st round, referred to as “Angel Funding Round”, will commence on March 20, 2018 to May 1, 2018
with a cap of 200 million AMTC.
This will be followed by the 2nd round, referred to as “Private Funding Round” where the token supply of
the organization will remain locked until AMTC goes live.

Can AMTC be traded?


AMTC are not tradable during the Angel Funding Round period.
Once the Angel Funding Round is completed, AMTC can be traded.

How can I buy AMTC tokens?


Visit our website ​https://ambertime.org

Where can I find the white paper?


AMTC white paper can be found ​here

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