Intervening in exchange (information/action) (information/action) Devices, including wallets First value exchange medium Second value exchange medium Absorb differences in purchasing power between groups and include standardization of value scales etc Commodity price control Macroeconomic control with limited control over the price of commodities Establishing unit exchange value (exhibiting value scale function) ＝ The control algorithm for the first value exchange medium Issuance algorithm based on evaluation Balances the unit exchange value with the first value exchange medium and the second value exchange medium (gains the value scale function) Server Generation / Issuance / Circulation / Cancellation Expiration date → Quantify relative assessment of transferred value Issuance algorithm based on debt 　　　＝　　　 　 １≒１ Interverse (Cyberspace) 「Value scale function」 ※Calculates expected growth rate Compensation Provides Provides Transfer The more useful you are to others, the more you can earn Intervening in exchange Determines the exchange ratio between and Value (information/action) Increase / decrease algorithm of the second value exchange medium Value (information/action) Request/Acquire Request/Acquire Request/Acquire Request/Acquire [When exchange rate increases] ● “User exchange request” → Exchange price reduction ● Demand increase → 　　 generating new [When exchange rate decreases] ● “User exchange request” → Exchange price increases ● Decrease in demand → 　　 cancellation Advertising → 　　consumption Macroeconomic control with limited control over price of commodities Real-world application (Blockchain) Infinite scalability 「Value storage function」 Smart contract (Block chain)

【Credit issuance rights transfer model】 A service based on credit issuance rights (financial service)is provided to all users who use the second value exchange medium by an organization to which credit issuance rights have been delegated by the ICT Management Organization X. Credit issuance rights ICT Management Organization X Investment and voting rights Investment in ICT Management Organization X and grant (delegation) of credit issuance rights to each country’s (each entity group) central bank Central bank Ａ Central bank Ｂ Central bank Ｃ Credit issuance / credit disposal Open market operations Open market operations Open market operations Commercial and industrial bank Ａa Commercial and industrial bank Ａb Commercial and industrial bank Ｂa Commercial and industrial bank Ｂb Commercial and industrial bank Ｃa Commercial and industrial bank Ｃb Investment (stocks, credit obligation), loans (certificate loans, bill loans, retail loans) UserＡc・Ａd・Ａe・・・ UserＢc・Ｂd・Ｂe・・・ UserＣc・Ｃd・Ｃe・・・ Constituent group Ａ Constituent group Ｂ Constituent group Ｃ

◎ 〇 △ × － 法定通貨 仮想通貨 （ビットコイン） 第１価値交換媒体 第２価値交換媒体 1 Basis for monetary credibility National economic power/ National mandatory power/ National government bond redemption power/ National labor force (productivity and consumption power)/ Issuer's discretion (no concept of credibility)/ Issuance algorithm based on evaluation to extract social needs from society/ Interverse (first network) economic power (tax collection power)/ Interverse (first network) mandatory power / User productivity and consumption power/ - (Dependence on or linked to the first value exchange medium)/ Economic power of the second network (tax collection power)/ Exclusive issue rights of the second network/ ２ Change in unit exchange value Exchange rate fluctuations/ Inflation due to macroeconomic policies/ Dependence on trading party Control by a system administrator (macroeconomic control is possible by uniformly updating the basic price of the second economic activity) - (Dependence on the first value exchange medium) 3 Applicable range Issuing nation/ Foreign currency holding/ User's discretion/ No restrictions/ Interverse to be socially implemented (the first network)/ Interverse coverage by system administrator/ Circulation scope of first value exchange media All devices with Wallet Management App X installed/ No restrictions (worldwide)/ 4 Inflation concerns Yes No concept None 5 Exchange with other assets 〇 6 International trade △ ◎ 7 Setting the deadline for cancellation × New issuance (increase) and cancellation (decrease) autonomously via algorithm 8 Circulation control 9 Measure of value 10 Storing value （Inflation possibility） （With variation） － (Dependence on the second value exchange medium) １１ Monetary circulation speed

First value exchange medium Second value exchange medium Server 10 Issuance algorithm based on debt Unit exchange value (value scale standard) of value exchange medium by controlling basic price of second economic activity, and control of total circulation Server Wallet Debt issued Fluctuation ACT EST Issuance algorithm based on evaluation Issue User device 20 Exchange Exchange Exchange Exchange First value exchange medium ＡＣＴ Second value exchange medium ＥＳＴ Acquisition of exchange rate Acquisition of exchange rate Acquisition of exchange rate Acquisition of exchange rate Evaluation Fluctuation Fluctuation Fluctuation Fluctuation Cancellation due to expiration 20 20 20 Free of charge value exchange Second economic activity: Activity to obtain economic value from the first economic activity Consumption cancellation 20 First economic activity: Provision of free of charge value exchange Third economic activity: Acquisition of paid value exchange Paid value exchange 20

Issuance algorithm based on evaluation First network Second network User device 20 First economic activity (free of charge value exchange provided) User device 20 Third economic activity (paid value exchange provided) Increase in circulation volume and increase in circulation speed due to credit issuance Evaluation score ＡＣＴ Compensation for exchange Second exchange Type I Issuance ＡＣＴ Issuance based on evaluation Type III User device 20 First economic activity (free of charge value exchange acquired) User device 20 Third economic activity (paid value exchange acquired) ＡＣＴ Issuance based on debt ＥＳＴ Increase and decrease fluctuation algorithm based on "exchange rate" ＡＣＴ Cancellation by elimination ＥＳＴ ＡＣＴ Cancellation from paid consumption Type II First exchange ＡＣＴ Compensation for consumption Cancellation Cancellation due to expiration User device 20 Second economic activity (paid consumption value acquired) ACT circulation total amount = (≒) debt issuance balance Type Ⅳ Type Ⅳ Exchange place User device 20 Fourth economic activity (paid value exchange provided) User device 20 Third economic activity (paid value exchange acquired) User device 20 Fourth economic activity (paid value exchange provided) User device 20 Fourth economic activity) ＥＳＴ Compensation for exchange ＡＣＴ Compensation for exchange