Components and Base Services of the Bitbon System

The Appendix to the Bitbon System Public Contract “Components and Base Services of the Bitbon System” (hereinafter — Appendix) specifies the list of the main components and base services of the Bitbon System.

Contents

SECTION 1. GENERAL PROVISIONS

Chapter 1. Terms and Definitions

Article 1. Use of Terms

1. The terms used in this Appendix shall be interpreted in accordance with the definitions given in the Appendix to the Bitbon System Public Contract Terms and Definitions in the Bitbon System Social Network.

Chapter 2. Subject and Structure of the Appendix

Article 2. Subject of the Appendix

1. This Appendix regulates relations between Bitbon System Users (hereinafter — User) that arise when using the functionalities of the Bitbon System components (hereinafter — component) and the Bitbon System base services (hereinafter — base service).

2. This Appendix establishes the list of the main components and base services.

Article 3. Structure of the Appendix

1. This Appendix consists of the preamble, sections, chapters, which consist of articles that include parts and paragraphs. The structure of the Appendix includes links and references to the Provisions of the Bitbon System Public Contract, as well as to separate Appendices, which are an integral part of the Bitbon System Public Contract.

SECTION 2. OPERATIVE PROVISIONS

Chapter 3. Components of the Bitbon System

Article 4. Concept of Component of the Bitbon System

1. Component is an application or a group of applications being architecture elements of the Bitbon System infrastructure, which interact with each other ensuring the operation of base services and services of Users.

2. Access of the User to components is provided through a Bitbon System account (hereinafter — account).

Article 5. List of Main Components of the Bitbon System

1. The main components of the Bitbon System include:

  • account;
  • Assetbox;
  • capitalization fund of the Bitbon System (hereinafter — capitalization fund);
  • providing fund of the Bitbon System (hereinafter — providing fund);
  • digital asset protocol form;
  • infrastructure fee fund of the Bitbon System (hereinafter — infrastructure fee fund);
  • account certificates;
  • digital asset unit transformation;
  • User advertisements;
  • Safebox;
  • escrow;
  • tokenization of assets;
  • contributing;
  • obventing;
  • documents and document management.

2. The list of the main components is not exhaustive and will be supplemented as new components and their functionalities are implemented in accordance with the Bitbon System Roadmap.

3. The Bitbon System has other components, which the User does not directly interact with, but which are an integral part of the Bitbon System infrastructure.

Article 6. Bitbon System Account

1. “Account” component is created as a result of the registration of a subject in the Bitbon System in order to get the rights of the User.

2. The “Account” component functioning and special aspects of its use by the User are regulated by the Appendix Bitbon System Account.

Article 7. Assetbox

1. “Assetbox” component is intended for registration of digital asset units in the Bitbon System and provides access to the storage address of distributed ledger token accounting units in the distributed ledger token accounting system.

2. The features of Assetboxes allow Users to interact during circulation of digital assets in the Bitbon System.

3. The User can additionally assign the following to his/her Assetbox:

3.1. Alias as a unique name to make it easier for other Users to identify the Assetbox.
3.2. Icon for visual identification.
3.3. Info as additional information (comment) for an Assetbox.

4. When an Assetbox is created, a hash allowing the User to identify such Assetbox in the Bitbon System is assigned.

Article 8. Capitalization Fund of the Bitbon System

1. “Capitalization fund of the Bitbon System” component provides a mechanism that allows Bitbon System Participants to develop the Bitbon System in the interests of all its Users.

2. The capitalization fund is managed by Bitbon System Participants.

3. The terms of the “Capitalization fund of the Bitbon System” component functioning are established by this Appendix, the Appendix Funds of the Bitbon System and the Bitbon System Public Contract.

Article 9. Providing Fund of the Bitbon System

1. “Providing fund of the Bitbon System” component accumulates Bitbon units received from infrastructure fees and distributes them among Bitbon System Providers based on the role of a Provider: Registrator and/or Partitioner.

2. The terms of the “Providing fund in the Bitbon System” component functioning are established by this Appendix, the Appendix “Funds of the Bitbon System” and the Bitbon System Public Contract.

Article 10. Digital Asset Protocol Form

1. “Digital asset protocol form” component is a special form for creating a digital asset, which contains standardized parameters for each type of a digital asset, determining which the User establishes the terms and conditions for the circulation of the digital asset as well as its attributes and properties during tokenization of an initial asset.

2. The “Digital asset protocol form” component and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 11. Infrastructure Fee Fund of the Bitbon System

1. “Infrastructure fee fund of the Bitbon System” component accumulates Bitbon units received from infrastructure fees for the purpose of their further distribution according to the procedure established by the Appendix to the Bitbon System Public Contract Service Fees in the Bitbon System: the Procedure for Their Deduction and Distribution.

2. The terms of the “Infrastructure fee fund of the Bitbon System” component functioning are established by this Appendix, the Appendix “Funds of the Bitbon System” and the Bitbon System Public Contract.

Article 12 Account Certificates

1. “Account certificates” component allows automating registration of the User’s account certificates required to provide such User with access to certain functionality of the Bitbon System infrastructure as well as allows managing the User’s account certificates.

2. The terms of the “Account certificates” component functioning are established by this Appendix and the Appendix Bitbon System Account.

Article 13. Digital Asset Unit Transformation

1. “Digital asset unit transformation” component allows implementing the process of direct and reverse transformation of digital asset units into other types of tokenized assets (monoassets or polyassets) outside the Bitbon System.

2. The terms of the “Digital asset unit transformation” component functioning and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 14. User Advertisements

1. “User advertisements” component allows Users to create and publish advertisements for exchange of digital asset units.

2. The terms of the “User advertisements” component functioning and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 15. Safebox

1. “Safebox” component allows storing and managing digital asset units with advanced access authentication capabilities.

2. The terms of the “Safebox” component functioning and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 16. Escrow

1. “Escrow” component ensures accounting for deferred payment in transactions by means of digital assets.

2. The “Escrow” component and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 17. Asset Tokenization

1. “Asset tokenization” component provides access to tokenization of an initial asset in order to implement methods for accounting of property or personal non-property rights to an initial asset for digital assets.

2. The “Asset tokenization” component and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 18. Contributing

1. “Contributing” component provides implementation of collective financing methods and commercial projects using the functionality of the Bitbon System infrastructure.

2. The “Contributing” component and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 19. Obventing

1. “Obventing” component provides access to the distribution of obvents through digital asset units, the protocol of which envisions obvents.

2. The “Obventing” component and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 20. Documents and Document Management

1. “Documents and document management” component allows Users to create an information resource for conducting commercial and non-commercial activities outside or in the Bitbon System, including for creating a digital asset.

2. The “Documents and document management” component as well as its functionality are implemented in accordance with the Bitbon System Roadmap.

Chapter 4. Base Services of the Bitbon System

Article 21. Concept of Base Service of the Bitbon System

1. Base service is a software complex that is an architecture element of the Bitbon System infrastructure and provides Users with access to certain functionality of this infrastructure in order for Users to realize property and personal non-property relations using digital assets.

Article 22. List of Base Services of the Bitbon System

1. Base services of the Bitbon System include:

  • One Space service;
  • digital asset segregation service;
  • Bonpay service;
  • Bitbon System Integration service;
  • User profile data service;
  • channel service;
  • Bon Transfer service;
  • digital asset unit algorithmic transfer service;
  • providing service;
  • Ethereum Request for Bitbon (ERBB) service.

2. The list of base services is not exhaustive and will be supplemented as new base services and their functionalities are implemented in accordance with the Bitbon System Roadmap.

Article 23. One Space Service

1. The One Space service provides the infrastructure for interaction of Users.

2. The functionality of the One Space service is regulated by the Appendix to the Bitbon System Public Contract One Space Base Service.

Article 24. Digital Asset Segregation Service

1. The digital asset segregation service allows managing circulation of digital asset units based on the terms and conditions established in the digital asset protocols and services of the Bitbon System.

2. The digital asset segregation service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 25. Bonpay Service

1. The Bonpay service allows the User to make purchases in retail outlets or on the Internet using digital asset units, generate invoices for deferred payment, as well as keep financial records of commercial activities.

2. The Bonpay service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 26. Bitbon System Integration Service

1. The Bitbon System Integration (BSI) service enables information platforms, software applications and digital systems of Users to integrate and interact with the Bitbon System infrastructure.

2. The Bitbon System Integration service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 27. User Profile Data Service

1. The User profile data service allows the User to manage access to his/her personal data using the Bitbon System infrastructure, namely to determine the amount of personal data to which such User is ready to provide access, the range of subjects to whom he/she is ready to provide such data and the possibility of further use of personal data.

2. The User profile data service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 28. Channel Service

1. The channel service provides digital asset owners with tools for creating news publications about events related to the use of a particular digital asset in order to inform the owners of digital asset units, manage these publications and communicate with other Users.

The channel service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 29. Bon Transfer Service

1. The Bon Transfer service ensures the transfer of digital asset units owned by Users as a way to conclude and make deals using digital assets.

2. The Bon Transfer service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 30. Digital Asset Unit Algorithmic Transfer Service

1. The digital asset unit algorithmic transfer service provides Users with an opportunity to make deals with setting terms and conditions, upon fulfillment and/or occurrence of which a guaranteed transfer of digital asset units is made.

2. The digital asset unit algorithmic transfer service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 31. Providing Service

1. The providing service allows ensuring the economic, legal and technical decentralization of the Bitbon System by providing a certain number of Bitbon units owned by the User being a Registrator and/or resources of proper quality being a Partitioner.

2. The providing service and its functionality are implemented in accordance with the Bitbon System Roadmap.

Article 32. Ethereum Request for Bitbon (ERBB) Service

1. The Ethereum Request for Bitbon (ERBB) service allows transforming Bitbon units into ERBB (distributed ledger token of the ERC20 standard) units in the Ethereum blockchain network in order to use them on other information platforms as well as in services. It allows owners of ERBB units to receive Bitbon units and use them in the Bitbon System as well.

2. The Ethereum Request for Bitbon (ERBB) service and its functionality are implemented in accordance with the ERBB (Ethereum Request for Bitbon) Service Launch Roadmap.

SECTION 3. CONCLUDING PROVISIONS

Chapter 5. General and Other Terms and Conditions

Article 33. General Terms and Conditions

1. Amendments and/or additions to this Appendix may be made solely under the rules stipulated by the Appendix to the Bitbon System Public Contract Making Amendments and/or Additions to the Bitbon System Public Contract.

2. If there is any discrepancy between various forms (printed, electronic, etc.) of this Appendix, its electronic version published on the official information resources of the Bitbon System shall be deemed official.

3. This Appendix is translated into other languages only for convenience of Users. In case of differences in understanding and/or interpretation of this Appendix, the Russian version shall prevail.

4. Only the Bitbon System Operators are entitled to give an official explanation of this Appendix.

5. In accordance with Provision 2 of the Bitbon System Public Contract, this Appendix is an integral part of the Bitbon System Public Contract and comes into force after its publication on the official information resources of the Bitbon System.

6. In accordance with paragraph 3 of Provision 2 of the Bitbon System Public Contract, amendments and/or additions may be made to this Appendix only if such amendments and/or additions do not contradict the Provisions of the Bitbon System Public Contract and Appendices, which are an integral part of the Bitbon System Public Contract. Amendments and/or additions made to this Appendix shall be published on the official information resources of the Bitbon System and come into force after their publication.

Article 34. Other Terms and Conditions

1. The Bitbon System Operators strive to maintain uninterrupted operation of the components and base services. By using the Bitbon System infrastructure, the User agrees that there is a possibility of disruptions in the operation of the Bitbon System infrastructure, which may lead to a temporary interruption of the operation and limitation of access to the functionalities of the components and/or base services in whole or in any part.

2. The User shall not use the components and base services if he/she does not accept the terms and conditions established by the Bitbon System Public Contract in whole or in any part.

3. The use of the Bitbon System infrastructure shall mean agreement of the User with the terms and conditions established by the Bitbon System Public Contract.