The Company’s affiliate, LaneAxis, is currently developing and deploying an Ethereumbased comprehensive interaction platform that leverages blockchain technology, and more specifically, auditable immutability and traceability of records to act as a bridge between carriers, shippers, trucks and regulators (the “Platform
”), as more fully described in the technical White Paper captioned “LaneAxis Interaction Platform White Paper”, available on axistoken.io
(the “White Paper
”). The Tokens act as a provenance and trust protocol for data across disparate semi-trusting organizations. The Platform is built over a high performance enterprise blockchain, with the utility Token required for blockchain entry, the Internet of Things installed in trucks, client side applications and integration platforms to integrate with legacy systems. The Platform will be accessed through the Tokens, decentralized ERC20 tokens that Company is selling in the Token Sale.