HARA Token White Paper v20180923

BLOCKCHAIN FOR
BETTER DECISIONS
A global & transparent
blockchain-based
data exchange
Whitepaper v1.0
Updated: September 23, 2018
Executive Summary
Today society produces a huge amount of data each and everyday. In 2016, we generated
16.1 zettabytes of data and that number is expected to grow ten-fold by 2025. Data is now a
vital element of all aspects of our daily lives. The growth of real-time data is enabling better
data driven decisions in many socially impactful sectors such as: health, education, public
transportation, technology, and urban planning. Data is addressing a range of societal issues
and creating a more prosperous, safer, and healthier future for the next generations.
However, only a small fraction of data is analyzed. Many organizations have collected vast
amounts of data just to let it sit dormant in silos. Furthermore, users who have access to the
internet are losing the value of their own data to few centralized platforms. Those who are
digitally excluded, while also generating data everyday, are always at a loss since very little
of their data is captured with the intention of benefitting their lives. The year is 2018, and yet,
everyday we lose so much valuable data that could improve productivity and benefit to many.
The arrival of artificial intelligence (AI) and blockchain technology is improving data accessibility
by removing endless layers of friction. The Dattabot team as a leading big data company in
Indonesia has been successful in providing access to data and bringing valuable insights across
industries. Now, a combination of AI and blockchain is unleashing the next phase of our mission:
to democratize data for the world›s most socially impactful sectors. Starting with the food sector,
Dattabot, as the parent company, is developing HARA into a decentralized data exchange.
This ecosystem brings data symmetry to all players and incentivizes participants to continuously
partake in a virtuous cycle. All proceeds raised from the Initial Token Sale (ITS) is used by HARA to
continue building the platform, expand its ecosystem, and fund its incentive mechanisms. HARA
aims to help people, especially those who are at the bottom of the wealth pyramid, to make
better decisions and improve their livelihood.
The value of data comes from its accuracy. The moment new data enters the system, data
qualifiers are incentivized to validate the data which acts as a crowd-sourced indicator of its
quality. Overtime, this will help improve the overall robustness of the data and help generate
healthy, ongoing demand. Furthermore, data also becomes more valuable when it is processed,
so HARA also provides an ‘enriched data’ category that allows data buyers to resubmit data
that has been analyzed and rendered useful – all the while sharing proceeds with the original
data provider(s). The platform will be automated by the smart contracts on HARA’s blockchain
and different methods of data submissions, including: the HARA suite of mobile apps, Internet of
Things (IoT) devices, satellites data, imagery and more. Since Dattabot has been in the media
and big data business for years, it already has relationships with businesses in all sectors, financial
institutions, scientists, governments, NGOs, and educators who are ready, willing, and able to
afford access to this rare and crucial data. HARA data exchange already has critical use cases
that are needed to be solved today.
Executive Summary
Before the democratization of data, different silos of data sets were not linked together and
were controlled by separate central institutions. Therefore, these use cases below will be difficult
to realize without HARA’s decentralized data exchange. Some of the immediate benefits that
players will see:
yy Financial institutions can now access new segments to provide low-cost banking services
yy Insurance companies can now provide products that leverage better climate forecasts and
soil information
yy Green energy companies can use enriched data to further innovate in renewable local
energy production
yy Data companies can build sophisticated credit scoring models for untapped segments
yy FMCG companies or retailers can provide customers with traceability information
yy Certification agencies can receive information to certify and monitor real-time certification
requirements
yy Marketplaces can now be more efficient and competitive by providing price transparency to
all players
yy Biotech firms can accelerate the evolution in microbiology supporting effective substitutes for
chemical and otherwise toxic farm inputs
yy Smallholders and family farmers now have agronomical data, online-advice and market
information, such prices and off take-volumes of products and farm inputs on a micro-market
level in a timely fashion
Data empowers billions and levels the playing field for everyone. With a traceable and transparent
data exchange, we do not have to lose any more valuable data and players of all sizes will have
access to the data we generate collectively every day. Beginning with the food sector, HARA will
touch up to 1 billion people in the planet and work its way up to the value chains of health, education,
mobility, and recreation sectors.
Starting with one byte at a time.

Contents
1. Company Background 1

2. Problems 5
3. HARA - The Equality Solution 7

Mission 7
Our Products 7
Revenue Model 8
4. Total Addressable Market (TAM) 9
5. Demand for Data 15
6. HARA Ecosystem 21

7. Use Cases 23
8. HARA Platform 29
9. Roadmap34
10. Team 35
Our Advisors 40
11. Token Sale 45

Fact Sheet 45
Token Allocation 45
Use of Funds 46
12. Our Partnerships 47
13. Token Flow 48
14. Concluding Remarks 49
15. Important Notices 50
16. Risk Factors 52

1 Company
Background
Established in 2003 as Mediatrac, Dattabot’s origins were “big data” and content acquisition from
online and offline sources. Our company amassed an immense volume of data in its linguistic
database and through AI applications, enabled computers to understand, digitize and curate
Indonesian-language-content from all media sources. From this platform, we aided business customers
with data-driven consulting services, geo-demographic data, and media monitoring services.
In 2016, the company rebranded itself as Dattabot. Still a leader in big data analytics, we have
extended our services portfolio to include systems integration, industrial internet, and our Big
Data Dojo. Our technology platform now encompasses leading edge proprietary AI software
applications, IoT integrations and further advancements in big data to deliver groundbreaking
solutions for big problems.
Below is a glimpse of accomplishments that characterize our journey:

yy Dattabot is the leading company in big data analytics, territory management, supply-chain
optimization, document digitalization, text analytics, consumer profiling and marketing analytics
yy Created the first Indonesia’s contextual legal taxonomy
yy First start-up company in the world to establish a partnership with GE Digital to serve industrial
internet market on a big data industry
yy The only start-up to be invited and speak at an internal World Bank Group retreat in Kuala
Lumpur, Malaysia in March 2018 with a focus on technology disruption in social impact sectors
We realize that data equals power, but we are not the only one to realize it. More and more
private firms now focus their attention on data mining. They collect, analyze, and sell personal
data to corporations, marketers, governments and even political parties. This data gives them
an informational advantage that not only provides limitless strategies to beat their competitors
but also leads to the misuse and abuse of data. While these private firms are generating massive
profits, their users, do not receive any benefits from it and in many cases do not even have
access to their own data. At Dattabot, we believe in data democratization. Not only should all
users have access to the data, but they should also be rewarded for the data they provide.
page 1
1 Company
Background
IMPACT
The ability to think and

act upon knowledge and
experience, in a way to
WISDOM effect change.
Understanding of a
human rights issue gained
from studying information
KNOWLEDGE about it.
Data, that is selected,

organised and presented
in a way that is useful for a
INFORMATION human rights purpose.
Raw facts. Unorganised.

Uncurated
DATA
The more data we have, the more problems we solve. If we could increase access to data,
we could develop innovative solutions to innumerable problems and to identify limitless
opportunities. With data democratization in mind, we believe we owe our data to society and
to the individuals who continuously contribute, byte by byte. Building a technology platform that
could ensure economic and informational equality to all users in the data ecosystem is our way
to give back to society, particularly those who are at the bottom of the wealth pyramid: the
largest yet the poorest and the most digitally excluded socio-economic group.
Coming from Indonesia, we understand the economic and informational inequalities suffered
by those living in the digitally excluded world. Dattabot is focused on solving large societal
problems. We want to accomplish this mission by developing HARA’s decentralized data
exchange and ecosystem which will support better data-driven decisions for data buyers and
incentivize data providers to share their data. It is our dream to create a virtuous cycle that could
help all users to fully embrace the opportunities in this new era of data age.
page 2
1 Company
Background
Through our experience in the big data industry, HARA is well positioned as we already have
a wide and diverse network of data providers, data buyers, and value-added services. Our
technological assets, custom-built solutions, network of clients and partners, community
relationships and proactive engagement with NGOs/government bodies makes HARA a perfect
complementary initiative for Dattabot. Below are the channels through which Dattabot will
support the growth of HARA:
DATTABOT DATTABOT
Data Library Partnerships
3 million plus ++1,000 indices
POINTS OF INTEREST CONSUMER
GOODS
1000 variables 150 million plus
GEO DEMOGRAPHIC CONSUMER
DATA DATA FMCG TELECOM
40 million 15 million
34 provinces 16 YEARS OF customers subscribers
512 districts WEATHER DATA
6942 sub districts
78265 villages STREET BANK DIGITAL MEDIA
GEO SPATIAL ADDRESSES 14 million generating
POLYGONS LINGUISTIC DATA customers 26 million traffic
HARA
Platform
DATTABOT DATTABOT
Technology Assets Community Ecosystem
Agriculture Industrial
internet
Territory Marketing
Management Analytics
Digital Big Data

Media
Supply chain A.I. Blockchain Universities

Optimization
page 3
1 Company
Background
� Our data library contributes its rich datasets to HARA. It supports HARA data exchange
platform as a data provider, below are what we currently have:
� 3,000,000 ++ Point-of-Interest data covering traditional markets, hyper and mini markets,
education institutions, and business institutions.
� 150,000,000 ++ Consumer data and 1000 variables of consumer goods
� Geo-demographic data consist of socioeconomic information and geo-spatial data
with detailed polygons for Indonesian region covering 34 provinces (512 districts, 6,942
subdistricts, and 78,265 villages).
� 16 years of weather data
� Linguistic data including 35 million formal media articles, 98,000,000 ++ social media
conversations and 4,500 ++ e-books.
� Street addresses
� Our existing partnerships with a diverse network of clients and partners across business
sectors connect HARA with potential data buyers, such as:
� The only authorized channel partner of GE Digital in Indonesia
� FMCGs with 40 million customers
� Banks with 14 million registered customers
� Telecommunication companies with 15 million subscribers
� Media partnerships that generate 26 million traffic
� The World Bank
� Local government bodies
� NGOs
� With our on-board technology assets, we perform the function as value-added service
provider that maximizes data potentials in the HARA platform. Our assets include:
� Big data solution for 360-degree customer profiling
� Deploying Industrial Internet-of-things (IoT) solutions on GE Predix platform
� Territory management for effective routing of sales and distribution
� Supply-chain optimization
� Marketing analytics solution catering to digital marketing strategy and implementation
for FMCGs
� Search and recommendation engine for digital media platforms
� Artificial intelligence, text analytics and precision agriculture capabilities
� Our close relationships with the relevant communities also support HARA in empowering the
ecosystem by expanding access to value-added services. Our past activities include:
� Partnering with universities and other institutions such as World Bank’s Pulse Lab in research
and development activities.
� Founding member of big data associations and IoT forums in Indonesia.
� Conducting regular knowledge-sharing and meet-up sessions for blockchain enthusiasts
page 4
2 Problems
Huge amount Data is owned Concerns on

of data is by separate data quality
underutilized institutions
or silos
High cost Limited data Lack of benefits

of data availability in for data
acquisition certain areas or providers
sectors
The advancement of technology also advances our ability to collect, manage, process, and
deliver data. According to the International Data Corporation (IDC), the world will produce and
replicate approximately 163ZB of data by 2025, or a tenfold increase from the amount of data
created in 20161. Data driven decision-making is crucial to gaining a competitive advantage. It
is not only vital for business operations but also for consumers, governments, and society at large.
It offers limitless possibility to address a range of societal issues across many sectors, from food,
health, education, transportation, technology to economic sectors.
According to McKinsey only 1% of data is collected and analyzed2. Considering the considerable
investment for data collection, management and analytics, data acquisition can be too
costly for many organizations. On the other hand, there are some organizations that own vast
amounts of data but failed to realize the potential of sharing the data and extracting insights
that were previously unimaginable. Furthermore, data quality has always been a concern.
Since organizations are the only ones responsible for data management and analytics, they
must allocate considerable resources and time to maintain data integrity, accountability,
and security. Ensuring the precision of data, consistency, trustworthiness, avoiding bias, and
anticipating security threats are crucial in producing good quality data. Data should also be
traceable back to its original source while being made transparent and reliable. Poor quality
data from unreliable sources is the biggest risk in data-driven decision-making and can lead to
formulation of damaging strategies.
1 David Reinsel, John Gantz, John Rydning. April 2017, IDC White Paper. Data Age 2025: The Evolution of Data to Life-
Critical. https://www.seagate.com/www-content/our-story/trends/files/Seagate-WP-DataAge2025-March-2017.pdf
2 http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/the-internet-of-things-the-value-of-digitizing-
the-physical- world
page 5
2 Problems
As the use of connected devices is rapidly becoming more widespread, the average person’s
level of interaction with data also dramatically increases. Currently, only a few centralized
institutions are capturing and formulating data into insights, leaving the original data provider at
a loss. IDC estimates that an average connected person anywhere in the world  will interact with
devices nearly 4,800 times per day — basically one interaction every 18 seconds by 20253. This
contributes to the huge amount data being generated and drives the importance of personal
data. However, these people do not have access to their own data nor are they gaining any
benefits from of it. Across the world, vulnerable communities and the digitally excluded lose when
the few powerful centralized platforms decide what to do and what not to do with their data.
While these issues occur in all sectors, we would like to focus our attention on the agriculture
and food sector due to its role in expanding economic opportunities at multiple levels of society.
Food is the most fundamental need and billions of people depend on cultivating, processing,
and selling food, particularly in developing countries where agriculture plays a vital role in
economic development. The lack of near-time valuable data creates many hidden problems to
all stakeholders across the agriculture and food value chain, for example:
• Farmers, particularly in developing countries, have little to no access to agricultural data and
market information that could reduce productivity loss and increase profits.
• High percentage of food is wasted through inefficiencies in the food supply chain due to lack
of location-specific and market data.
• Agriculture insurance companies are unable to predict weather and climate risks as well as
production value due to lack of cultivation and ecological data.
• A customer today would want to know where a juice comes from, how it was produced, or if
it was exposed to harmful materials since being produced. This information does not exist.
• Our transportation system is unable to satisfy public food demand or needs with public
policies that are developed with minimal real-time data.
These problems occur due to several reasons. First, only few centralized institutions collect, store,
and analyze specific agricultural and food-related sector data. It limits data accessibility to
stakeholders in this sector, particularly smallholder players and individual users. Second, some
data is simply not available. Individuals, groups, and regions may be at a disadvantage due to
lack of access to technological infrastructure, related skills and tools to produce and utilize data
in ways that benefit their lives and communities.
3 David Reinsel, John Gantz, John Rydning. April 2017, IDC White Paper. Data Age 2025: The Evolution of Data to Life-
Critical. https://www.seagate.com/www-content/our-story/trends/files/Seagate-WP-DataAge2025-March-2017.pdf
page 6
3 HARA –
The Equality Solution
In the Indonesian language, the word “hara” means soil nutrients. HARA Ecosystem supplies life-
sustaining nutrients in the form of transformational knowledge that enables our partners to grow and
flourish so that they may collectively nourish the world.
Mission
Empowering billions by utilizing a global and transparent data exchange.
Our mission began within the agriculture and food sector and continues toward overall
sustainability for the world’s most socially impactful sectors. The potential impacts of a global
and transparent data access on agriculture and food sector are increase in productivity, supply-
chain and market efficiencies. The growth in this sector directly influences the health sector, for
instance, improvement in household ability to purchase and consume cheaper and better food.
Access to location specific data also enables well-targeted infrastructure development that will
impact the transportation sector. Overall, a global and transparent data exchange platform
will improve the welfare of agriculture workers and provide a trigger for remarkable economic
growth and expansion to other sectors, particularly in developing countries where agriculture
plays a pivotal role to the country’s economic development.
Recreation
Phase 3
Education
Sectors
Transportation
Phase 2
Health
Phase 1
Food
Frictionless Economic Overall

Information Growth Sustainability
HARA’s Social Impact
Our Products
yy A Decentralized Data Exchange – HARA Ecosystem provides decentralized data exchange for
data providers to provide their data and data buyers to access the data. Powered by blockchain
technology, this exchange is traceable, transparent, and secured. Vast amounts of data, ranging
from farmers identification data, cultivation data, location specific data, ecological data, and
market information and transaction data, are collected via a variety of sources including IoT and
satellite as well as from third-parties such as farmers, governments, scientists, academia, farm-input
manufactures and other entities. These data originators are enabled to upload datasets to the
data exchange and sell their data to other third-party data buyers via the decentralized token-
based data exchange.
page 7
3 HARA –
The Equality Solution
 Suite of Data Acquisition Applications – Mobile app and web portal enable data providers
to easily supply data. The app and web portal are gamified and data providers who
supply and verify data are rewarded with loyalty points. These points may be redeemed for
various products and services, such as phone credits, discounts on agriculture supplies, and
education supplies. This mechanism encourages data providers to continuously supply data
to HARA Data Exchange Platform.
HARA Ecosystem is a decentralized, secured and transparent platform that is built on top of an
Ethereum-enabled blockchain with smart contracts. The main benefits of this platform are:
Facilitates Offers more Provides traceable

integration of affordable data and transparent
numerous data sets management system data that can be
continuously verified
Simplifies data Ensures that data Incentivizes data

connectivity to all ownership belongs providers through
stakeholders to data providers tokens
Revenue Model
HARA Ecosystem retains a modest portion of each dataset transaction, with the remainder to
be earned by data providers and data qualifiers (if applicable). Data providers include crop
and livestock farmers, data companies, NGOs, as well as other agriculture data collection
technology purveyors (satellite and IoT data providers).
page 8
4 Total Addressable
Market (TAM)
HARA is a marriage between digitalizing the bottom of the pyramid and creating
visibility across the agriculture industry.
HARA aims to target three growing industries, which are: agriculture and food sector, data
commercial market, and digital advertising. Data collected in the HARA data exchange
platform will be of great benefit in improving productivity and efficiencies as well as facilitating
market expansion and fair playing field in these industries.
Agriculture and Food Sector

HARA starts with the agriculture and food sector in order to address one of the world’s most
fundamental problems: food security. According to Department of Economics and Social Affairs of
the UN, the current world population of 7.6 billion is expected to reach 8.6 billion in 2030, 9.6 billion
in 2050 and 11.2 billion in 2100. The majority of growth will occur  in Asia and Sub-Saharan Africa4.
Consequently, the global agriculture and food sector is changing rapidly because of the intensive
increase of global food demand. The Food and Agriculture Organization (FAO) estimates that food
production will need to increase by 100% globally to ensure food security in 20505 and to meet 70%
increase in caloric demand. There is a clear need for improvement in the sector’s technological,
infrastructural, and institutional basis to ensure its sustainable development.
One of the biggest challenges in ensuring food security is to make the agriculture and food
system to be more effective, inclusive, and resilient. The global agriculture and food sector is
worth US$ 5 trillion and represents 10% of consumer spending and 40% of the employment6.
The Food and Agriculture Organization of the United Nations estimates the combined global
gross production of cereal, crops, and livestock to be nearly $4 trillion. Moreover, global food
exports grew by approximately 45% between 2006 and 2016. However, according to the FAO,
approximately 30% of global food production or 1.3 billion tons of food is either lost or wasted7.
It is estimated that global food waste and loss cost $940 billion a year8. In developing countries,
32% of total loss occurs during production and handling9, mainly caused by managerial and
technical limitations during storage, transportation, processing, packaging and marketing of the
food production.
To solve these problems, the agriculture and food sector needs to embrace the potentials of digital
innovations that could increase productivity, supply-chain and market efficiencies. As the sector
involves a wide range of stakeholders, from input suppliers, logistics, traders, financial services to
data companies, access to near-time valuable data is extremely crucial to link information from
diverse points across the value chain. It will increase the capacity to absorb foreign and domestic
knowledge and better respond to the dynamics of the supply-chain and the market.
4 United Nations, Department of Economic and Social Affairs, World Population Projected to Reach 9.8 Billion in 2050,
and 11.2 Billion in 2100, June 21, 2017, https://www.un.org/development/desa/en/news/ population/world-population-
prospects-2017.html
5 Food and Agriculture Organization of the United Nations, The State of Food Security and Nutrition in the World 2017,
http://www.fao.org/state-of-food-security-nutrition
6 Goedde, L, Horii, M. and Sanghvi, S., 2015. Pursuing the global opportunity in food and agribusiness. https://www.
mckinsey.com/industries/chemicals/our-insights/pursuing-the-global-opportunity-in-food-and-agribusiness
7 Food and Agriculture Organization, United Nations, New online platform fosters efforts to curb food losses through
information sharing, 2014, http://www.fao.org/news/story/en/item/262504/icode/
8 Magnin, C. 2016. How big data will revolutionize the global food chain. https://www.mckinsey.com/business-functions/
digital-mckinsey/our-insights/how-big-data-will-revolutionize-the-global-food-chain
9 The FAO of the United Nations, 2011. Food Balance Data. www.fao.org/faostat/
page 9
4 Total Addressable
Market (TAM)
Innovations such as precision agriculture enable the collection of valuable data that will provide all
stakeholders with new opportunities. Precision agriculture is a modern farming management tactic
that utilizes IoT, big data, and satellite imagery to maximize resources and improve productivity.
Combining different data sources is particularly important because agriculture is very location-
specific. Water, land, weather, and climate characteristics are largely varied from one area to
another, the proximity of a given farming operation to the marketplace and the logistic also differs
greatly from location to location. In addition, farming methods and practices are influenced by
local values and cultural roots, which result in distinctive behavior and decisions made on the
farm. Precision agriculture is one of the vital components in the smart agriculture market. The smart
agriculture market alone is projected to grow from $5.18 billion in 2016 to $11.23 billion by 2022, at a
compound annual growth rate of 13.27% between 2017 and 2022.
Initial Target Countries

Aligned with Dattabot’s mission to ensure economic and informational equality for all, HARA
focuses on the agriculture and food sector in developing countries. Increased agricultural
productivity plays a vital role in alleviating poverty in these areas. Various studies have found that
there are “significant relationships between productivity growth and poverty and nutrition, and
the agriculture had a greater impact on poverty than the other sectors”10. Attempts to quantify
the impact of poverty abatement through increased of agriculture productivity estimates that
one percent (1%) increase in productivity reduces the percentage of people living on less than a
dollar per day by between 0.6% and 1.2%.11
Furthermore, in developing countries where critical agricultural data is more difficult to find,
having a decentralized data exchange platform will solve the painful problems of data
asymmetry. Access to the market and agricultural data remains key challenge for farmers in
these countries and will push the adoption of HARA platform. Starting from the needs of financial
inclusions enabled by the financial institutions, to food traceability, precision agriculture, logistics,
supply chain and general market place.
Our pilot project shows that the impact is big. This impact has not gone unnoticed and is
reflected by the supports HARA receives from: International NGOs; multinational and national
banks; insurance companies; support from local governments and communities; and also
national and international media.
The markets that HARA will focus on are developing countries located near the equator,
characterized by long growing periods (many are year-round), and where access to mobile
phone service is available. Dattabot has identified eight (8) countries that possess these
attributes, where collectively, these countries represent nearly one third of all smallholder farmers
in the world, which are:
Bangladesh Indonesia Vietnam Thailand
Kenya Uganda Mexico Peru
10 Australian Government, Australian Centre for International Agricultural Research, The Contribution of Agricultural
Growth to Poverty Reduction, ACAIR Impact Assessment Series, 2012 , 29, http://aciar.gov.au/ les/node/14358/ias76_the_
contribution_of_agricultural_growth_to_p_27524.pdf
11 International Finance Corporation, World Bank Group, Poverty Literature Review Summary: Agriculture and Poverty
Reduction, June 29, 2012, 2, International Finance Corporation, World Bank Group, Poverty Literature Review Summary:
Agriculture and Poverty Reduction, 2012, https://www.ifc.org
page 10
4 Total Addressable
Market (TAM)
Below is the analysis of the size of agriculture and food sector, as well as internet and mobile
penetration to ensure that HARA platform will be easily adopted in these countries. We also
considered financial services penetration, as it can be used to measure growth potentials in
the agriculture and food sector. In addition, financial services can also utilize HARA platform
to expand their business opportunities by touching previously untapped segments, such as
smallholder farmers, due to lack of valuable data.
Agriculture and Food Sector: Brief Overview

The agriculture and food sector is crucial in these countries. Agriculture employed almost 200
million people, or equal to 23% of total population. Furthermore, with Peru as an exception,
more than 30% of land area is used for agricultural purposes (areas that are characterized as
arable, under permanent crops, and under permanent pastures)12. In Bangladesh and Uganda,
agricultural land constitutes more than 70% of total land area thus highlights how important
agricultural sector in these countries. In size wise, Mexico has the largest agricultural land with
more than 1 million square kilometer. In total, agricultural production value in these eight
countries is worth US$ 499 billion, of which food production (e.g. cereals, food crops, and dairy
products) contributes to almost 90% of total production.
Agricultural Land
Total Land
Production Value Total Workers (% of Land Area)
Target Market Total Population (Current US$) Total in Agriculture Area (Sq.km) 2015
Bangladesh 162,951,560 $ 62,644,488,070 40,445,519 130,170 70.6%
Indonesia 261,115,460 $ 153,225,975,712 46,178,507 1,811,570 31.5%
Kenya 48,461,570 $ 15,365,895,535 27,333,732 569,140 48.5%
Mexico 127,540,420 $ 85,286,916,154 6,767,994 1,943,950 54.9%
Peru 31,773,840 $ 20,849,232,121 4,291,679 1,280,000 19.0%
Thailand 68,863,510 $ 75,068,128,347 16,310,773 510,890 43.3%
Uganda 41,487,960 $ 10,700,763,022 12,164,802 200,520 71.9%
Vietnam 92,701,100 $ 75,887,835,992 41,204,574 310,070 37.8%
834,895,420 $ 499,029,234,952 194,697,580
Internet and Mobile Penetration

Internet and mobile penetration are the most important factors to ensure the penetration of
HARA platform. Our target countries are among the most populous countries in the world and
all have relatively high internet penetration rate13. Kenya and Thailand have highest penetration
with up to 85% of the population already connected to the internet. In terms of size, Indonesia
has the largest internet-connected population with approximately 140 million users. Mobile
penetration rate is also very high. Seven out of 8 countries have more than 80% penetration
rate. With the requisite mobile connectivity in place, the HARA Ecosystem solution is ready for
deployment in these countries.
Target Market Total Population Internet Penetration Mobile Penetration Rate
Bangladesh 162,951,560 45% 83.4%
Indonesia 261,115,460 54% 99.7%
Kenya 48,461,570 85% 80.4%
Mexico 127,540,420 64% 87.6%
Peru 31,773,840 68% 109.8%
Thailand 68,863,510 84% 105.0%
Uganda 41,487,960 46% 55.0%
Vietnam 92,701,100 67% 79.0%
834,895,420
12 https://data.worldbank.org/indicator/AG.LND.AGRI.ZS
13 Combined data from www.internetstats.com and www.statista.com
page 11
4 Total Addressable
Market (TAM)
Financial services
The development of agriculture and food sector requires financial services to support bigger
investment of agriculture-related infrastructure and other production-related resources. Thus, it is
important to have an overview of financial service industries and its potentials in the target countries.
All target countries have high potentials in mobile and banking/microfinance institutions
reach. According to the International Finance Corporation (IFC)14, Indonesia, for example, is
categorized as a major potential country as it has large unbanked population and high mobile
penetration. Other target countries, which are: Kenya, Mexico, Uganda, Vietnam, and Thailand,
are categorized as quick risers. This category has high mobile penetration and high adoption
rate in mobile money or digital wallet. Mobile money or digital wallet can improve efficiencies
across the food value chain and open the opportunities to utilize mobile-based technology to
advance agricultural operations. For example, in Kenya, MFarm developed an app providing
up-to-date market prices for agricultural products. This app also links farmers with buyers with a
group-selling service that facilitates smallholder farmers to market their products to large buyers15.
Mobile vs Banking Reach
6.0
Tanzania B A A Major Potential
5.5 • Large unbanked
populations
• High Mobile vs.
5.0
banking reach
4.5 Kenya
B Quick Risers
Pakistan • High to very
4.0 high mobile vs.
banking reach
3.5
Ukraine
C Giants
3.0 Iraq • Relatively low
Argentina Nigeria
mobile vs.
2.5 Philippines Mexico banking reach
Algeria Morocco • Very large
2.0 Colombia Vietnam unbanked
South population in
Africa Sudan
absolute terms
1.5 Uganda Turkey Brazil
Indonesia
Thailand D Unclear
1.0 Poland China
Bangladesh Potential
D C
India • Low mobile
0.5
Nepal & banking
Myanmar Ethiopia penetration
0
10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 600 610 620 630 760 770 780
14 The International Finance Corporation of the World Bank Group, April 2013. IFC Mobile Money Scoping. www.ifc.org
15 Magnin, C. 2016. How big data will revolutionize the global food chain. https://www.mckinsey.com/business-functions/
digital-mckinsey/our-insights/how-big-data-will-revolutionize-the-global-food-chain
page 12
4 Total Addressable
Market (TAM)
Despite the potentials of banking reach, microfinance institutions are still the key to improve
financial access to agriculture workers in developing countries, given its advantage in proximity
to the customers and its frequent association with more cooperative financing approaches.
Some of the target countries, which are: Vietnam, Bangladesh, Peru, and Mexico, are among
the top 10 countries for micro-loan portfolio outreach as shown in the table below:
Top 10 countries by borrowers and loan portfolio outreach

Borrower FY 2016 & GLP(USD) &
borrower growth GLP growth
Rank Country since 2015 (%) since 2015 (%)
1 India 47.0m (+18.4%) 14.7bn (+24.4%)
2 Vietnam 7.6m (0.0%) 7.4bn (+0.2%)
3 Bangladesh 25.2m (+5.1%) 6.9bn (+19.7%)
4 Peru 4.6m (+12.4%) 10.8bn (+16.3%)
5 Mexico 7.0m (+3.2%) 4.4bn (-6.4%)
6 Cambodia 2.3m (-0.1%) 6.4bn (+20.7%)
7 Colombia 2.8m (+0.4%) 6.0bn (+12.5%)
8 Bolivia 1.3m (+2.4%) 7.4bn (+13.1%)
9 Brazil 3.2m (0.0%) 1.9bn (+11.8)
10 Ecuador 1.3m (-10.0%) 5.1bn (-7.2%)
The top 10 countries listed are defined based on the loan portfolio and borrowers registered in each country during 2016
To conclude, our initial target is developing countries where agriculture has been vital to the
country’s economic development. Agricultural land occupies large percentage of total land
area and has been one of the main sources of employment. These countries also have high
internet and mobile penetration rate, which are the requisite for the adoption of HARA platform.
In addition, combination of high mobile and banking/microfinance institutions reach increases
the potentials for HARA and its incentive system to be accepted by farmers as data providers.
Despite limited data available to illustrate the food value chain in these countries, our local
knowledge assures us that these countries are promising markets that are suitable to be the focus
of our data collection.
Data Commercial Market

As previously stated, vast amounts of data is underutilized. Many organizations are still reluctant
to invest in data management due to its high cost of data acquisition as well as limited
strategic and human resources to convert cost of data management into assets. It creates
big opportunities for players in the data commercial market. It is estimated that big data
and analytics sales will reach US$187 billion by 2019, an increase of over 50% to 2015 levels.
Furthermore, PWC estimated that revenue from commercializing financial data could be worth
US$300 billion annually by 2018 with 10.38% compound annual growth. A Capgemini survey
supports the PWC finding, in which 61% respondents state that big data is now a driver of
revenues in its own right.
page 13
4 Total Addressable
Market (TAM)
Digital Advertising and Adoption

HARA focuses on the bottom of the pyramid data. This group previously received little attention
resulting in limited data availability. HARA offers limitless potentials of data commercialization,
particularly in the digital advertising to reach this particular market. The digital advertising industry
is projected to continue to experience remarkable growth through 2021 to reach almost USD
100 billion in annual revenue, with mobile and social advertising becoming the top destinations,
which the latter expected to double in size to USD 30.8 billion by 2021. Furthermore, in the Global
Advertising Forecast report published in December 2016, Magna estimated revenues from
digital advertising for 2016 to be over $178 billion (36% of the total global spend of $493 billion).
Approximately 54% of this was shared between Google and Facebook. Magna expects this 36%
figure to rise to 50% of the total by 2021 (i.e., $300 billions of an estimated $600 billion). Digital
advertising revenues are thus considerable, averaging about $89 per internet user, and $287 per
US Internet user, and they are projected to grow at 11% annually.
In addition, HARA platform facilitates data democratization that incentivizes owner of the data
or data providers. It prevents unethical/unfair data commercialization practice that only benefits
few centralized platforms that has been collecting and managing data. The market is huge, for
instance, in 2015, the data broker market alone amassed USD 156 billion from selling data that
does not belong to them.
page 14
5 Demand
For Data
HARA offers near-time All stakeholders across HARA is a solution to

valuable data that is the value chain will get connect farms, markets,
crucial to increasing access to actionable data- consumers, and other
productivity and reducing driven insights that will stakeholders that will
losses and market help them embrace market support the efforts to
inefficiencies in the opportunities and improve ensure food security and
agriculture and food sector. their economic decisions. secure solid economic
growth for all.
Having visibility and understanding of accurate data is vital to identify problems and
opportunities across the food value chain. HARA facilitates implementation of precision
agriculture using a suite of applications that combines data from IoT and satellite as well as from
third parties such as farmers, input suppliers, logistics, traders, retailers, governments, and other
entities. Data collected will provide actionable data-driven insights to support results in improved
productivity and efficiency in the agriculture and food sector. HARA is a solution to connect
farms, markets, consumers, and other stakeholders that supports the efforts to ensure food
security and secure solid economic growth for all.
page 15
5 Demand
For Data
Type of Data
Farmer Cultivation
related data data
FARMER DATA FARM INPUT DATA HARVEST DATA PLANTING

Farmer’s ID Farmer Farmer DATA
Farmer’s Profile Field Field Farmer
Profile Photo Commodity Commodity Field
Selfie with ID Brand Selling Price per KG Commodity
Birth Date Amount Cost for a Season Cost of Seed
Address Cost of Farm Input Date Date
Date
COMMODITY
DATA
Name
DISEASE DATA PEST DATA
Farmer Farmer
Field Field
FIELD OWNERSHIP Commodity Commodity
DATA Disease Info Pest Info
Farmer Cost of Medicine Cost of Chemical
Field Date Date
Ownership Status
Validity Status
SOIL DATA WEATHER DATA

Soil Detail Weather
FIELD DATA Date Temperature
Name Date
Polygon
Farmer’s ID
Farmer’s Profile
Profile Photo Ecological
Selfie with ID data
Birth Date
Address
Location
specific data
Market information
& transactional data
MARKET DATA YIELD FARM INPUT TRADITIONAL BUSINESS
Traditional Market TRANSACTION TRANSACTION MARKET DATA ENTITY DATA
Commodity DATA DATA Name Name
Price Farmer Farmer Commodity Commodity
Date Business Entity Business Entity Country Country
Commodity Brand Province Province
Price per KG Type Area Area
Total Price Amount (Dose) Type
Date Price
Date
page 16
5 Demand
For Data
Potential Data Usage

Agriculture Input Suppliers
Agriculture input suppliers are retailers who provide farmers with products needed for agricultural
production, such as animal feeds, vaccines, seeds, fertilizers, and pesticides.
Relevant Type Data Potentials:
of Data:
Farmer related data • Improving inventory management, product-
flow scheduling, and ability to predict future
Cultivation data shortages, bottlenecks, and excess stock.
• Identifying market opportunities and meeting
Location specific
specific demands of the farmers based on type
data
of farms, regions, climate and weather conditions
Ecological data
Market information
Crop and Livestock Farmers

Farmers in developing countries are mainly smallholders or farm households that own/cultivate
a plot of land of less than 2 hectares. The vast majority of smallholder farms are located in rural
areas, especially on the continents of Asia and Africa. As a group, they earn at or below the
poverty levels in their home countries, typically earning less than $2.00 per day. These farmers
generally have minimal access to modern farming techniques, agricultural data, and access to
market information.
of Data:
Ecological data • Reducing weather and climate risks
• Improving farming management through access
Location specific to ecological and location specific data
data • Improving operational efficiencies through
access to supply-chain data
Market information • Increasing profit by improving access to current
& transactional data market information
Agricultural Logistics and Transport

Logistics in the agriculture and food sector are responsible for the physical flow of agricultural
products from production to consumption.

of Data:
Farmer related data • Improving delivery reliability through location
specific data that offers the status, performance,
Ecological data and potential roadblocks in real time
• Reducing loss from product spoilage
Location specific
• Improve operational efficiencies (e.g. cutting
data transport times by choosing better routes)
• Combining transport-management systems with
agricultural sensors can generate average savings
of 10 to 20% in operational costs*.
* Magnin, C. 2016. How big data will revolutionize the global food chain. https://www.mckinsey.com/business-
functions/digital-mckinsey/our-insights/how-big-data-will-revolutionize-the-global-food-chain
page 17
5 Demand
For Data
Off-takers and Traders

Off-takers and traders are those who purchase agricultural products directly from the farmers.
Off-takers invest on the farmers and agree to purchase farmers’ future production. One of the
biggest risks for off-takers is failing to recover cost of their investment because farmers sell some or
most of their increased productivity to other buyers, or also known as side selling.

of Data:
Farmer related data • Formulating better harvest prediction
• Improving quality of output and product traceability
Cultivation data • Enabling better stocking management system at the
warehouses
Location specific
• Increasing profit by improving access to current
data
market information
Ecological data
• Reducing the risks of side selling
Market information
FMCG and Retailers

FMCG and retailers supply agricultural and food products to the consumers, both households
and business consumers (e.g. hotels and restaurants).

of Data:
Farmer related data • Improving product quality, safety and traceability
• Meeting the rising demand of healthier food products
Cultivation data • Having deeper understanding on market situation
(e.g. demand potential, gaining insights for R&D)
Location specific
• Performing targeted marketing activities
data
Ecological data
Market information
Banking, Insurance Companies, and Other Financial Institutions

Agricultural financial services include banks, insurance companies, and other microfinance
institutions that support farmers to expand their operations through investment on agriculture-
related infrastructure and other production-related resources.

of Data:
Farmer related data • Formulating credit scoring or risk profiling
• Getting access to untapped segments
Cultivation data • Calculating insurance premiums with better
risks prediction
Location specific
• Facilitating the implementation of mobile
data
banking to provide low-cost banking services
Ecological data
Market information
page 18
5 Demand
For Data
Data Companies
Data companies offer access of agricultural-related data to manufacturers, institutions, and
other stakeholders across the food value chain. They can utilize HARA platform to gain access to
both raw and structured data. In addition, data companies can also provide simple static data
about the population that would be valuable for banks and insurance companies amongst other
stakeholders, such as names, date of birth, addresses, marital status, and land ownership/size.
of Data:
Farmer related data • Gaining access to valuable data sets in both raw
and structured formats
Cultivation data • Offering possibilities for data companies to enrich
their own data sets
Location specific
• Offering opportunities to monetize their data by
data
submitting it to HARA platform or by processing
Ecological data
the raw data and submitting the more valuable
structured data back into the platform
Market information
Government
The roles of government are crucial in agricultural development, such as, formation and execution
of policies, provision of physical infrastructure, and ensuring financial inclusion for farmers.
of Data:
Farmer related data • Embracing potentials of data-driven policy making
that could benefit all stakeholders in the agriculture
Cultivation data and food sector
• Improving ability to anticipate and tackle
Location specific
agricultural-related problems
data
• Facilitating more efficient government
Ecological data
• Boosting economy in a sustainable manner
Market information
NGOs
NGOs have played an important role in the agricultural development. They serve as public
actors who link farmers to government, international and local funding institutions, and
development agencies. They formulate agricultural programs that could create sustainable
agricultural development for local farming communities.
of Data:
Farmer related data • Gaining better knowledge of local people’s
circumstances and their needs
Cultivation data • Formulating effective agricultural programs
that could benefit local communities
Location specific
data
Ecological data
Market information
page 19
5 Demand
For Data
Academic and Research Institutions

The roles of academic and research institutions are crucial in providing new knowledge and skills
as well as accelerating innovation and technology adoption in the agricultural sector.

of Data:
Farmer related data • Gaining access to valuable data that
offers limitless possibilities in research
Cultivation data and development.
Location specific
data
Ecological data
Market information
page 20
6 HARA
Ecosystem
The HARA Ecosystem is a decentralized, secure and transparent platform that is built on top of an
Ethereum-enabled blockchain. HARA securely connects and governs data providers and buyers in
its ecosystem with a market driven revenue distribution model and proprietary rating system. Data
provisioning and consumption is facilitated through mobile and web-based applications. These
applications enable integrated data transactions, acquisition, processing, storage and analysis.
Data providers Input data contribute token Data buyers

Data companies, Banks, insurance
cooperatives, NGOs, companies, government,
farmers, field agents, get incentive access data enterprises, retailers
IoT devices, satellites
Receive tokens and Access to near-time and

loyalty points when highly valuable data
they continuously and
frequently share their data
Value-added services Data qualifiers

Academic institutions, Any HARA token holder
access and
credit bureaus, data
process
analytics companies
raw data get incentive
Receive tokens when
perform basic tasks of
Enrich raw data sets that input data & improving data verifying the quality
can be capitalized back get incentives quality of data and help
on the exchange increasing its rating
page 21
6 HARA
Ecosystem
Data Providers
Data providers include individual data contributors, data companies,
cooperatives, NGOs, field agents, and governments. They can use the data
exchange to assess the quality of their data and monetize it by exchanging
it for tokens.
Data Qualifiers
Data qualifiers add value to the ecosystem by providing verification in the
form of proof of work. They acts as a crowd-sourced indicator of data quality,
which overtime, will help improve the overall robustness of the data and
help generate healthy, ongoing demand. Data qualifiers will receive tokens
based on their efforts related to the tasks they perform in verifying data on the
exchange. Data qualifiers can be any HARA token holders.
Data Buyers
Data buyers include enterprises such as banks, insurance companies, retailers,
agriculture input suppliers, NGOs, and government – all the way down to local
communities or even individuals.
Value-added Services
Companies and institutions that access and process raw data from HARA
Ecosystem, and resubmit it as ‘enriched data’. These can be academic
institutions, brands, data analytics, financial technology and agriculture
technology companies. They create value-added insights from the raw data
and share in the proceeds with the original data providers by submitting the
cleansed, organized, and structured data back to the HARA Ecosystem.
page 22
7 Use
Cases
A native token in the HARA ecosystem is required in order to encompass the inner economy and
protects it from those with large stakes of ETH and interests that are alien to the system. Similar to
how arcades prefer to use pre-paid cards or proprietary physical tokens, without a native token,
it would be difficult to manage the ecosystem at large. It is important to note that HARA token is
issued as a pure utility token and does not represent any form of security under Singapore law,
rules, and regulations.
Smallholder Farmer as any Data Provider

Smallholder farmers use the HARA platform with the expectation of receiving multiple benefits
from the various value-added providers in the ecosystem. By being a part of HARA, they gain
access to many benefits including, but not limited to:
yy Access to precision farming advice catered specifically to their farm to help them produce
greater yields per hectare accompanied with instructions and guidance
yy Recommendations regarding the best farm inputs – crop types, seed types, fertilizers, pest
controls, irrigation and more that are specific to each farmer’s location and environment
yy Access to market information specific to each farm including: local supply chain partners,
post-harvest off-takers, traders, and wholesalers
yy The farmer uploads certified land title document and other associated data that may be
leveraged to receive loans and other financial services
yy Access to other non-banking financial services such as crop/health/life insurance
yy Access to market data related to supply and demand levels and local market prices for
each type of crop
yy Ability to earn loyalty points that can be redeemed for a variety of goods and services
provided by HARA partners
The following diagram illustrates the flow a farmer will follow to add data to his account and
other inputs such as GPS data, crop planting suggestions, pest data and other information
associated with their farming practice.
Data providers and loyalty points - farmer data flow
Seeding Fund
Farmers Unstructured Field HARA mobile/ HARA Data

Data Officer ww web app Exchange
bank
Loyalty Loyalty Network

points points operator
page 23
7 Use
Cases
Given the inherent challenges of training farmers to submit data, HARA is employing field officers
to assists farmers in registering their profiles and continuously collecting agriculture data throughout
the farming cycle of cultivation, harvest and post-harvest seasons. Smart contracts award tokens
to these data providers in the form of loyalty points, and the farmers can collect incentives (such as
discounts on fertilizers and seeds) through local partners also in the HARA ecosystem.
AgriTech or IoT Companies as any Data Provider

Businesses operating in the realm of agriculture, food, supply-chain and technology industries are
rewarded in the HARA ecosystem for sharing their data sets on the exchange. The HARA suite
of applications include a variety of apps for companies to upload data onto the HARA data
exchange platform. To simplify the token acquisition process, we are providing an entity called a
‘Network Operator’, which maintains a reserve of HARA tokens. When data is transacted, these
companies will receive proceeds in the form of tokens and can choose to convert them into
local currency using a network operator.
Data Providers
Tokens
AgriTech
company
Food
company
Unstructured HARA partner
Data app HARA Data
Exchange
IoT
bank
FIAT Network
operator
Data providers have to use HARA Token to be listed on the exchange. A portion of those tokens
is allocated to receive a basic rating and compensate for the work that goes into validating their
data. Data providers that get their data qualified by more qualifiers will receive higher ratings,
which will increase credibility compared to other data sets listed on the HARA decentralized
data exchange.
page 24
7 Use
Cases
Data Buyer – Purchase Raw Data Sets

In this scenario, a company, NGO, government institution, or even an individual can contribute
tokens to get access to raw data sets from HARA. These data buyers will input a search query
using parameters and filters provided in the HARA ecosystem, initially concentrated around
agriculture and food sector data. When buyers access data, they can do so directly with tokens
or go through a network operator using local currency. The network operator will find the best
exchange price and make the transaction seamless for the buyer.
Data buyer contributes token to access unstructured data from

data providers – Access to raw data flow via network operator
Data Buyers
bank
Contribute Network
Token operator
Off Takers Distributors
Banks Kiosks
HARA Data
Exchange
Raw data contributed

over time by data
Governments Farm input providers
suppliers
Data Providers
Loyalty points /
Farmers Field Satellite IoT Tokens
Officer Data
In addition to accessing data on the platform, HARA is adding a data seeking program feature
for data that is not yet available. Any data buyers can request and fund the acquisition of
highly specific granular data that is not yet available in the platform in the form of a ‘mini
tasks’. Data providers are crowd-sourced and incentivized to provide the requested data.
Through this feature, these ‘mini tasks’ can be pushed out to users and targetted based on GPS,
demographic segmentation (e.g. age, gender, location), time, and so forth.
HARA also integrates a customized marketing platform where data buyers can directly offer
their services, such as loans/insurance applications and general advertisements, with basic opt-
in and subscription functionality directly within the HARA application. For example, insurance
companies can now automatically target people based on a set of criteria - effectively creating
leads in an ongoing manner.
page 25
7 Use
Cases
Value-Added Services: Data Buyers Enriching Data

HARA is empowering data sharing in this collaborative ecosystem through the formation of an
“enriched data” category. This allows data buyers to re-submit data they have accessed in
a cleansed, analyzed and more processed format providing value-added ready-to-use data
to other buyers. For example, a company may choose to use agriculture data set to produce
seasonal harvest reports for companies to estimate the yield of a particular crop. The proceeds
of these data sets will trickle back down to the original data providers.
Value-added service providers
Data Providers
Unstructured HARA Data

Data Exchange
Farmers Field
Officer
Upload data
Contribute to exchange
Token
Satellite IoT
Data Access
data
Value-added
Service Process/
enrich data
page 26
7 Use
Cases
Data Qualifiers: Improving Data Quality

HARA is implementing a qualification mechanism to drive the accurate rating of data. Any
data submitted on the exchange must earn a minimum basic rating before any exchange
can occur. This adds a secondary level of information aggregation to allow for dynamic
forecasting. Data providers can allocate more token in order to drive more qualifications,
thereby increasing its rating.
Data qualification method will be gamified in various ways, such as:

• Swiping for image recognition or confirmation
• Providing photographic proof of requested items
• Answering questions related to the data
In addition, part of a data qualifier’s rating comes from qualifying other data qualifiers in order to
ensure high quality data is being submitted. The tokens for rating qualifiers are initially taken from
HARA seeding fund then funded by portion of the proceeds from the ongoing transactions. This
acts as a self-regulating mechanism to ensure that data qualifiers are providing accurate data
and to avoid data qualifiers gaming the system. The rating that data qualifiers received enables
them to have access to better tiers of mini tasks and automatically increase their credibility.
Data Data Qualifiers Other Data Data

Providers Qualifiers Buyers
Rate other
Data
Qualifiers
Off Takers
Farmers
Banks
Rate data Rate data
sets sets
Field
Officer Governments
Data Data Data Data Data Distributors

Satellite sets sets sets sets sets
Data
Kiosks
Access
Unstructured rated data
IoT Data
Farm input
HARA Data suppliers
Exchange
page 27
7 Use
Cases
Staking
In order to maintain their accounts and get access to the platform, stakeholders (data buyers,
value-added services, data providers, and data qualifiers) need to have a minimum staked
balance. The minimum balance allows them to receive push notifications on any activities in the
platform. Each notification will reduce their staked token balance.
Notifications can be customized to allow stakeholders to choose what they want to receive,
including: relevant bounties, solicitations, and data set updates. Once the staking balance is
below the minimum level, the account goes dormant. The account will be given a grace period
and then ultimately will be frozen if no more activity is recorded. This allows the platform to
differentiate between active and dormant accounts.
page 28
8 HARA
Platform
The purpose of HARA ecosystem is to create a prosperous data exchange economy that
drives the use of informed data-driven decisions in society. Data providers use the platform to
exchange their data for tokens, while data buyers can access quality data and crowd-source
new data that can help them make better data-driven decisions.
HARA Suite of Apps Ecosystem

Features
HARA App HARA
for farmers Business
Data Providers Protocols, to:
1. Allow access to data

HARA App HARA App 2. Record access
for kiosks for field agents (or transactions)
3. Ensure data integrit
Connector
Smart
Contract ERC-20 Data
Exchange
Cross Chain Protocol, to
optimize the maximum benefit
and flexibility of utilizing other
Chains:
Rating Registration
1. Security, e.g. for ERC20
2. Low cost, e.g. for registration
3. Ease of use, e.g. for interface
Connector
Cross chain connector
Platform HARA builds a private-chain to
HARA chain Ethereum manage HARA Token (HART)

main net transaction efficiently.
It contains:
1. Blockchain Explorer (HART

SCAN): To view all activities
Other Chain Other Chain within the chain
2. Token bridge: To bridge the
smart contract transaction
between HARA Chain and
other chains.
3. Wallet: To keep HART
page 29
8 HARA
Platform
HARA Data Exchange
Network Participants
Data Data
Providers Buyers
Data
Qualifiers
HARA application suite
HARA Mobile Data Provider Machine

HARA SMS Partner
/ Web App Gateway App Learning
App & Analytics
HARA Technology Layer
Data Security Revenue Data

Connectivity
& Governance Distribution Rating
Network Layer
Storage Layer
Compute Layer
AWS Lambda
Off-Chain On-Chain
page 30
8 HARA
Platform
The interactions between data providers, data buyers, and data qualifiers in the open and
secure HARA Data Exchange Platform are explained below:
yy Data providers are incentivized for data submission, which they can monetize through token
exchange.  
yy Data buyers can trace and trust the data source and gain access to valuable and validated
data to achieve insights to achieve their objectives.  
yy Data qualifiers perform qualifications tasks to validate data and earn tokens.
The salient features of HARA Data Exchange Platform are:

yy Secure, open, connected and decentralized access to data
yy Traceable and transparent data history
yy Decentralized and individual data access permissions 
yy Facilitation of fluid and borderless token exchange that could be globally transacted
Blockchain Technology
Blockchain is an immutable, transparent, public and append-only ledger. A peer-to-peer
network that can maintain updates to the ledger and verifies those updates in a way that it is
impossible to fraud or to alter data.
HARA Data Exchange Platform uses Ethereum to create smart contracts, trace and validate
transactions and ownership rights, perform transactions through HARA tokens, and enable tokens
to be traded on third-party token exchanges. Through smart contracts, we can optimize our
activities. Currently, we are developing five categories of smart contracts:
yy Data acquisition: Enables access control and data connection to supplementary data. It
allows for automatic data generation and enrichment.  
yy Data traceability: Enables tracking the origin of data, who owns and use it.  
yy Data rating: Enables measurement on how useable the data is, like a rating system of  the
data by data buyers.  
yy Data access permission: Enables access to every data providers.
yy Proceeds allocation: Enables the distribution of proceeds between participants.
 
Private (Permissioned) Ethereum Network
The decision to use Ethereum is because HARA is a running project that needs to be
implemented fast using a proven technology. Ethereum has the biggest dApps projects and
connection support to other layers through Oraclize, Infura, and so forth. It also has the most
robust community and developer support while not closing the door entirely to other blockchain
technology along the way. That is why HARA is also exploring research and development
partnerships with other blockchain technology companies.
Inter Planetary File System (IPFS)

IPFS is a distributed file system protocol to connect all computing devices with the same system
of files. IPFS is a versioned file system that can access, manage and store files. It can also track
versions over time. IPFS also accounts for how those files move across the network, as it is also a
distributed file system.  
Infura 
Use of Infura APIs and developer tools provide secure, reliable, and scalable access to Ethereum
and IPFS. Infura enables HARA Data Exchange Platform to access IPFS seamlessly without the
hassle of managing the infrastructure.
page 31
8 HARA
Platform
Oraclize 
Oraclize is a data carrier for decentralized apps. As data carrier, it provides a reliable connection
between Web APIs and HARA’s App using enforced cryptographic proofs. It eliminates the need
to open additional trust lines.  
Bluzelle 
A decentralized, on-demand, scalable database service for HARA data-exchange developers.
GDPR and PDPA Data Compliance

Blockchain technology enables decentralized data transaction that serves as a major basis
for compliance of data protection. The platform generally fulfills Singapore’s Personal Data
Protection Act (PDPA) and Europe’s General Data Protection Regulation (GDPR) requirements
concerning privacy and protection of personal data. Following are the provisions in the HARA
data exchange platform to adhere to the obligations:
Consent
Data providers agree to consent for storing personal data in an encrypted format. They can
decide whether or not they consent to allow data buyers accessing their data.
In the HARA data exchange platform, document encryption is realized through the use of AES-
256 algorithm in producing an encryption key. The encryption key is further broken down into
several keys known as secret keys. The secret keys are distributed amongst data provider’s
wallet, HARA system and trusted third-party (e.g. government, value-added service providers). To
decrypt the data, the minimum of three keys is required. Any party (other than the data provider)
that possesses the key cannot decrypt the data without the consent of other key holders.
Purpose Limitation
Data buyers must inform data providers of the purpose of data set usage, which will be stated
and mutually agreed upon purchase agreement.
Notification
Data providers are notified whenever data buyers want to access their data. This is realized
through document provider smart contract that grants access permission to any stored data.
When data buyers want to access data, the system notifies the owner of the data or data
provider via blockchain. The blockchain verifies data availability using the proof of existence
smart contract.
Access and Correction

Data providers have full ownerships of their data sets. They have full access and control to
create, edit and modify the data. HARA only provides the access information in this ecosystem.
Accuracy
Every effort is made to ensure accurate personal data is collected. For example, in the case of
farmer as data provider, field officers are assigned to assist farmer in verifying, uploading and
maintaining data in the HARA application.
Additionally, the HARA data exchange platform provides a data qualification mechanism that
is supported by data rating features to evaluate data sets based on input such as historical
transactions, and buyer feedback and connected data points.
page 32
8 HARA
Platform
Protection
Data is securely stored and processed in the HARA data exchange platform. A combination of
IPFS permanent web, Bluezelle protocols, and Amazon web services (S3 and Dynamo DB) will be
implemented as data storage systems off the chain.
Proof of existence smart contract is deployed in the blockchain to ensure data is tamper-proof
and uncompromised. Every data is signed with fingerprint-like proof. If the data is changed, then
the associated fingerprint will also change. To verify the data, the fingerprint must match or it is
considered as tampered. Nevertheless, data providers should also ensure that a safe and reliable
data storage and accessible mechanism is maintained.
Retention
Data providers have full control on when the data is made accessible and can set the period to
allow data access.
Breach Notification
The appointed data protection officer will notify to supervisory authorities and stakeholders (data
providers, data buyers and value-added service providers) of any breach of data with high
priority and without any undue delay.
Data Erasure
HARA data exchange supports the rights to rectification and erasure. Data providers are in
absolute control of their data sets. When an account is deleted in the platform, private keys will
be destroyed, implying loss of corresponding and encrypted data.
Privacy by Design
The platform architecture ensures:
• Data providers own the personal data and have full control over it.
• Personal data is always encrypted and data providers hold the key to decrypt it.
• Transaction of personal data in the ecosystem is carried out with explicit permission and
consent from data provider. Data provider also understands how the data set is used and for
what purpose.
• Personal data transactions are fully transparent and traceable on the blockchain and
anonymity of trading parties is completely protected.
page 33
9 Roadmap
2017 Q4 2017
HARA mobile apps
2018 Q1 2018
Data Validation features
Q2 2018
HARA partner’s app
Q3 2018
Data-Exchange PoC deployment
Sidechain PoC
Data Registration
Q4 2018
Qualification features
Data Qualification Mechanism
2019 Q1 2019
Platform Launch
(MVP)
Q2 2019
Advance Features
Data Connectivity Service
Advanced Data Rating
Q3 2019
Decentralizing
Data-Exchange Platform
ID Management Platform
AI-Powered Verification
Integration with Bluzelle for Data Provider
General Data Provider Protocol
Network Operator Protocol
Partners’ Sealer Node
Farmers’ Wallet Apps
Q4 2019
Cross Chain Connectivity
Cross Chain Connector Protocol
2020 Q1 2020
Value Added as a Service
On-Demand Data Processing
Q2 2020
Crypto-wallet Integration
Easy Access to Entire HARA Ecosystem
page 34
10 Team
Regi Wahyu
Founder and CEO
Regi is the founder and the driver of the whole business in HARA as CEO. His vision
is to deliver world-changing solutions by leveraging on technology. He has proven
track records as professional in the area of business development. He successfully
developed a start-up business, turned around the “mature-declining” organization
and managed growth strategies across the Asia Pacific region. He had worked for
Development Dimension International (DDI), General Electric (GE) Asia Pacific, and
Dupont. Regi is part of the high impact entrepreneurs of Endeavor network.
Imron Zuhri
CTO
As CTO of HARA, Imron leads the technical direction of the company by herding
a talented pack of nerds, data scientists, and data engineers. Imron leverages his
interests and expertise in mathematics, physics, analytics, and big data technology
to continuously advance the company’s unique capabilities and technology
solutions. Previously, Imron was the youngest person to hold a director position
at one of Indosat’s subsidiaries.
Alexander Jatra
CFO
Alex spent 7 years in private equity and venture capital, beginning with Francisco
Partners, a private equity firm in San Francisco, California. During this time, he
worked directly with companies and financial sponsors across the United States
and Europe to execute various investment transactions including M&A, IPOs, debt
financing/restructuring and other equity offerings. Afterwards, he joined Kejora
Ventures in Jakarta and worked closely together with startup founders to assess and
analyze strategic opportunities, revenue generating models, and cost efficiency to
drive the growth of the companies.
Farina Situmorang
CMO
Farina has more than 15 years of experiences in marketing for technology products.
She co-founded Catalyst Strategy, a boutique data-driven marketing firm and
led the digital marketing campaign for current President of Indonesia during the
2014 presidential election. She then led the agricultural policy delivery unit for
the Presidential Transition Team. Prior to Catalyst, Farina worked for WhatsApp,
BlackBerry, Microsoft and IBM. Farina holds an MBA from the Kellogg School of
Management.
page 35
10 Team
Tom Malik
Head of Legal and Compliance
Tom has extensive experience in multinational and national companies such as
Rio Tinto, Newmont and Burson-Marsteller holding various senior positions in public
relations, stakeholder management, marketing in the Communications, Mining,
Property, and Engineering fields. He joined Dattabot as COO in 2012. He holds a
Master Engineering Degree from Cornell University.
Lisa Irawati
Head of Operations
Lisa has over 20 years of experience in the field of marketing, market intelligence, business
development and strategic planning. During her service for Phillip Morris (HM Sampoerna Tbk) ,
she championed numerous innovation initiatives, such as Territory Management Digital Platform,
Marketing Channel Optimization, and Community Based Marketing. In the last 5 years, she is
also active as social entrepreneur in the field of education and culture. She is appointed as
subject matter expert for Ministry of Education & Culture and UNESCO.
Larissa Sidarto
Head of Business Development
With a strong background in the finance and technology sectors, Larissa is experienced in business
development and corporate strategy. Her core strengths includes strategic planning, consulting,
and implementing new business endeavors. She is responsible for the whole Retail Business division
portfolio at Dattabot, and has successfully overhauled its strategy for scalable product growth.Larissa
is a graduate of Citi’s prestigious Management Associate; a 3 years leadership development program
with exposure to top leadership at regional level. She is also currently an active commissioner and
management advisor for Burgreens; a social enterprise, organic fast food chain with focus in
empowering women and farmers, as well as promote healthy eating. Prior to Dattabot and Citi, Larissa
worked for Accenture, World Bank, and think tank Center for Strategic and International Studies.
Renée Corstens
Head of Partnerships
Renée has worked with local communities through her experience with Peduli Anak
Foundation, a Dutch-sponsored NGO operating in Indonesia. Her tenure at the
Economic Department of Dutch Embassy in Jakarta has equipped her with market
knowledge in agriculture and sustainability. She also previously worked for Tax
Department of Dutch Government and Delta Lloyd, a financial service provider. In
2017, she joined HARA team as a researcher and development advisor. She holds
an MBA from the University of Amsterdam.
Changhyun Cho
Head of Investor Relations
Changhyun Cho is the CEO of FSN ASIA, an overseas business subsidiary of FSN and
a leading ad-tech company as listed on Korean stock market. He is also the board
member of FSN. Before he joined FSN, he worked as a partner at A.T. Kearney, a
global management-consulting firm, with expertise in new business strategy and
M&A advisory.
page 36
10 Team
Raditya Alwafi Surachman

Head of Software Engineering
Raditya has over 8 years experience in the field of Product Development and
Engineering. He co-founded Etomotiv, a platform for the Automotive Industry and
worked for Traveloka, Style Theory, Tencent and Garena. Currently, he is leading
the Engineering team for HARA development. Raditya holds a Bachelor Degree in
Computer Science from the Binus University.
Bembi Prima
Head of Cloud Operations
Bembi has over 8 years of experience in the field of Information Technology and expert in
DevOps, SRE and Native Cloud Operations. He started his career at Nielsen as Data Processor
and joined Dattabot in early 2014. Bembi is managing the Cloud Infrastructure for HARA. He
holds a degree in Information Technology from the University of Indonesia (UI).
Jaewoo Hwang
Korea Representative
Business Development
Jaewoo is the head of new business department at FutureStream Networks (FSN), the no. 1
ad-tech company in Korea. He has experiences in expanding overseas market such as China,
Taiwan, Thailand, and Indonesia by establishing new products and services. Before he joined
FSN, he has worked at A.T. Kearney, a global management consulting firm, and Hyundai
Capital, a financial arm of Hyundai Motor Group.
Robert Lee
Korea Representative
Robert Lee is a deputy manager at FSN ASIA, an overseas business subsidiary of FSN. He has
managed numerous projects in different countries and has led the team to enter Thailand,
Vietnam, Indonesia and Taiwan since 2015. Before joining FSN, he worked at Woori Investment
and Securities, a leading Korean financial firm, as well as at A.T. Kearney, a global management
consulting firm, specializing in new financial products and business strategy.
Andy Laver
Japan Representative
Andy developed strong skills in strategic planning, corporate strategy, and financial control during
his work for Deutsche Bank, Citibank and Deloitte. Afterwards, he co-founded Asia Strategic
Advisory (M&A Advisory) and Asia Strategic Human Capital (Executive Search). He is passionate
to contribute on the development of entrepreneurship in Indonesia, especially in digital and
creative industries. He is involved in many nationwide initiatives such as Mekar Exchange (Putera
Sampoerna Foundation), IMULAI (Microsoft –USAID) and GEPI (Global Entrepreneurship Program
Indonesia). He holds an MBA from International University of Japan.
page 37
10 Team
Edoardo Baldoni, PhD

Europe Representative
Data Scientist
Edoardo is a PhD in Economics and an R programmer. He currently works as Research Fellow at
Università Politecnica delle Marche, Italy. His research interests span several areas but are mostly
focused on the measurement and analysis of agricultural Total Factor Productivity (TFP) using farm-
level data. His has recently published scientific articles on the relationship between agricultural
productivity and emission intensity at the farm-level, on the contribution of migrant work to
agricultural productivity for Italian farms and on the spatial properties of TFP measurements.
Camilo A. Cupitre A.
Latin America Representative
Camilo is an experienced researcher and practitioner in the field of Social Innovation applied
to rural areas. During more than 10 years long career, Camilo has been working with multiple
Nonprofits Organizations and Social Enterprises in Indonesia, The Dominican Republic and
Malaysia; including the National Cancer Council Malaysia – MAKNA and the Singaporean
CSR consultancy firm GreenShoots Communications, conducting a diverse range or projects
related to microfinance, rural development, education, social Entrepreneurship and Cancer
Prevention. With a background in Business & Economics, currently he is finishing a MSc. in Social
Entrepreneurship & Management at Roskilde University in Denmark.
Joshua Agonya
Africa Representative
Joshua is determined to transform Africa’s socio-economic landscape through business and
innovation. Joshua co-founded Pearl Trek Adventures after graduating from African Business
Institute of which he holds a Business Degree. During his studies, Joshua was part of the Business
Advisory from ABI and performed market research for international companies. Over the last
couple of years Joshua worked with several NGO’s on youth leadership programs, marketing,
community training and development programs. His aim is to make information accessible and
simpler to use by the common man through teaching and technology.
Virdi Permana, PhD

Sr IoT Expert
Virdi has over 18 years of professional working experiences as an engineer and
researcher in technology and IoT fields. He got his PhD from University of Denver
and accelerated his career at Carrier-United Technologies, Johnson Controls
and Boland Trane-Ingersoll-Rand. During his career, he obtained excellent
accreditations of CEM, CMVP, CEA, LEED GA. After spending more than a decade
advancing his career and engineering credentials in the United States, he returned
to Indonesia in 2016 to lead business development for Industrial Internet.
Hasan Yusuf
Sr Digital Expert
Hasan has over 6 years’ experience in digital marketing. Through his work as Data
Analyst, he strengthened his skills in data discovery and transforming data into
business value. His recent works cover FMCG, retail banking, telecommunication
industry and online media. Hasan holds a master’s degree in finance mathematics
and actuarial science from the University of Stuttgart.
page 38
10 Team
Arkan Gilang
Sr Blockchain Developer
Along with Imron, Gilang is the brain behind the HARA platform. Previous cross-
functional experience such as engineering and data scientist and his passion in
cutting-edge technology like blockchain bring him to leadership position for the
HARA platform. He previously worked as a creative designer for two years at Ayuta
Samarthya, an event organizing company. Gilang holds a degree in Mathematics
from the University of Indonesia.
Wisnu Pradana
Sr Data Scientist
Wisnu has years of experience in the field of Data Science. Along with Imron he is
developing the pricing mechanism, incentive distribution and data rating algorithm
for HARA. He is currently a PhD candidate in Mathematical System and Control
Theory of the University of Twente-Enschede.
Anatasof Wirapraja
Sr Product Manager
Anatasof has over 8 years of experience in the Information Technology Industry. He is an expert
in Product Design and serial entrepreneur, he co-founded GDIlab (Design Strategy) and Nuieu
(a blockchain-based art platform). Recently he worked for Red Tree Asia on Strategy Design,
Uber as Ambassador and Kudo, an online-to-offline platform to connect small businesses. He
holds a Bachelor Degree in Art from Institut Teknologi Bandung (ITB).
Juwita Winadwiastuti
Blockchain Developer
Juwita is one of the Blockchain Engineers for HARA. She joined Dattabot in 2016 as a Data
Engineer and developed her career further as Scrum Master and Developer. Currently, she is the
brain behind the development of the smart contracts and API building. She holds a Bachelor
Degree in Informatics Engineering from Gunadarma University.
page 39
10 Team
Our Advisors
Muhamad Chatib Basri, PhD
Economic Policy Expert
Dr. Basri is a leading expert on international trade, macroeconomics
and political economy. He had served in numerous distinguished roles in
government and academia, including as Minister of Finance of Indonesia,
Vice Chairman of the National Economic Committee of the President of
Indonesia, Senior Fellow Harvard University at the Harvard Kennedy School,
Pacific Leadership Fellow at the University of California San Diego Centre
on Global Transformation, and professorships at the Australian National
University, University of Indonesia, and at the National Trade Union Congress.
He holds a PhD in Philosophy from the Australian National University. As an
economic policy expert, Dr. Basri advises HARA token on the viability and
feasibility of the tokenomy aspect of the ecosystem.
Yos Adiguna Ginting, PhD

Stakeholder Outreach Expert
Dr. Ginting is a blockchain promoter in the service industry. He is the
secretary general of the Association of the Indonesian Agricultural Society
and serves as chairman of the board of directors at Indonesia Services
Dialogue. Furthermore, after progressing through several important positions
at Sampoerna, he now holds a position on the board of commissioners.
Previously, Dr. Ginting was the director of government affairs and stakeholder
outreach at Philip Morris International. He has a Bachelor of Science in
Chemistry and a PhD in Theoretical Chemistry from the University of Tasmania
in Tasmania, Australia. With his expertise in outreach activities, Dr. Ginting
advises HARA on community development and supports engagement with
blockchain and agriculture industry experts and business leaders.
Raoul Oberman, PhD

Global Agriculture and Technology Investor
Dr. Oberman is a McKinsey senior partner and Director Emeritus. He is an
experienced boardroom counselor in multinational settings and practiced
facilitator of change at scale. He has worked in Europe, Northern Asia and
South East Asia. His areas of expertise in the private sectors range from
agriculture power to financial services. In the public sector, Dr. Oberman
has worked extensively with central banks/regulators and finance ministries.
He has also dedicated his time to various non-profit organizations, including
Partnership for Sustainable Agriculture Indonesia and Endeavor Indonesia. He
holds a PhD in Economics from the Frankfurt University and a Master’s degree in
Economics from the University of Cologne. As a long-time respected consultant
who is passionate in the agriculture sector, Dr. Oberman advises HARA Token on
its strategy to penetrate stakeholders within the agriculture sector.
page 40
10 Team
Our Advisors
Charles Pyo
Blockchain Expert
Mr Pyo is a Korean technology entrepreneur and blockchain evangelist.
He is the CEO and founder of Chain Partners, the first blockchain company
builder in Korea that has numerous subsidiaries operate in every core area
of the blockchain world. Mr Pyo is also known as the youngest founder
of a company in Korea, having started his first business at the age of 14.
He was included in Business Week’s Top 25 Entrepreneurs in Asia for his
contribution to the spread of Widget in Asia. He became a director of the
Venture Business Association at the age of 29. Mr Pyo holds a Bachelor in
Communications and Business from Yonsei University, South Korea. With
his vast expertise of growing blockchain ventures, Mr Pyo advises HARA to
ensure its growth reaches its full potential.
Richard Yun
Business Development Expert
Mr Yun is the Chief Operating Officer of Coinplug, a leading South Korean
bitcoin brokerage and service provider. The company is famous for
developing blockchain solutions for corporations like Hyundai and LG. Mr
Yun started his career at Exio Communications where he served as the head
of Finance, M&A and Operations department. Afterwards, Mr Yun worked for
Cisco Systems and Mobile Agent Technology as finance M&A and business
development specialist. In 2006, he founded Conaxtech, Inc., a tech-based
satellite receiver company. He obtained his BA in Economics from University
of California at Berkeley, USA. With his vast knowledge, Mr Yun helps
accelerate the widespread adoption and implementation of HARA
Token and its social impacts to the ecosystem.
Darius Rugevicius
Blockchain Venture Capitalist
Mr Rugevicius is the Managing Partner at Connect Capital, a blockchain
and digital assets investment fund that takes a venture capitalist approach.
The company aims link industry pioneers and prosperous advocates by
providing a platform that thrives through its strong network and dedication
to accelerating success. Mr Rugevicius previously held a position as Value
Engineer at CIVITTA, in which he was part of a VC team responsible for
numerous startup initiatives in Europe, and was a Partner at Prime Block
Capital, an investment fund focused on blockchain technology. Mr
Rugevicius obtained a Bachelor’s degree in Business/Managerial Economics
from the ISM University of Management and Economics, Vilnius, Lithuania.
Mr Rugevicius’ experience with guiding the development of blockchain
companies from a VC perspective will be invaluable to the success of HARA.
page 41
10 Team
Our Advisors
Jonathan Lee
Digital Marketing Expert
Mr. Lee is the Chief Corporate Officer of Yello Digital Marketing Group (YDM),
who leads the company’s corporate development and M&A (mergers and
acqusitions) investment. YDM is the number one digital marketing and ad
technology group in Korea with over 20 companies across Korea and South
East Asia region. As the second employee to join YDM, he played a key role
in developing YDM’s growth strategies and South East Asia expansion. Prior to
joining YDM, Jonathan served as the Business Development Director for the
WPP Korea, where he was responsible for the group’s country strategies and
M&A. Previously, Jonathan was also part of the International Business Team
and Corporate Strategy Team at the CJ Music and CJ Mnet Media (currently
CJ E&M). He holds a BS degree in Management Science from the University
of California San Diego. With his extensive experience in East Asia’s crypto
investment, Mr. Lee advises HARA Token on its ICO fundraising process.
Nizam Ismail
Legal Expert
Mr. Ismail has led the RHTLaw Compliance Solutions, a dedicated financial
services compliance consultancy/solutions provider in Singapore, Malaysia
and Indonesia. He has also managed the Financial Services Practice of
RHTLaw Taylor Wessing LLP. He had more than 25 years of experience and
expertise in financial services regulatory compliance and litigation. Mr. Ismail
spent six year as regulator at the Monetary Authority of Singapore, where
he had worked with other regulators, exchanges, markets, banks, broker-
dealers, commodities firms, fund managers, trust companies, and financial
advisers. He had also worked with a variety of FinTech firms, cryptocurrency
firms and ICO/TGE issuers. As an expert in financial services regulatory
compliance and litigation, Mr. Ismail advises HARA Token on all aspects in
legal and compliance of FinTech and ICO.
Vachara Aemavat
Technology Expert
Mr. Aemavat is the co-founder and co-CEO of SIX.network, a blockchain
platform to reinvent digital economy. He is also the co-founder of
Computerlogy, a leading startup focusing on the social media tools for
enterprise in Thailand with a range of products from social media analytics,
command center, chatbot, and more. He departed his first startup to join
Yello Digital Marketing Group (YDMG) in 2016, where he assumed the role
of Chief Technology Officer. With his experience in developing blockchain-
based platforms, Mr. Aemavat advises HARA Token on technical aspects of
developing and rolling out blockchain-based technology.
page 42
10 Team
Our Advisors
Tiago Alves, MBA
Digital Asset Expert
After leading its Series-A round, Mr. Alves has become the VP Asia Pacific
at Aptoide (Android App Store with 200M active users). Recently, his role
was instrumental in raising USD 17 million in AppCoins’ ICO. He is a regular
attendee and speaker at tech events, such as Echelon, Tech in Asia,
GMASA, GOAB, RISE, and Android Meetups. Prior to joining Aptoide, Mr.
Alves spent 12 years at Portugal Telecom where he had several technology-
related roles. He holds a bachelor’s degree in software engineering from
the University of Macau, a master’s degree in Mandarin from the Beijing
Language and Culture University, and an MBA in Tech Management from
the University of San Francisco. He is a Fulbright scholar and Dean’s Medal
awardee. As a technology expert with successful fundraising experience, Mr.
Alves advises HARA Token on its ICO process.
Jefrey Joe, MBA

Venture Capital Investor
Mr. Joe is a venture capitalist with technology, product and consulting
background. Prior to co-founding Alpha JWC, Mr. Joe was the Chief
Operating Officer (COO) of Groupon Indonesia, the leading daily deals
site in Indonesia, where he focused on technology, customer experience
and logistics. Before Groupon, Jefrey was a strategy consultant at The
Boston Consulting Group (BCG) where he primarily worked on strategy
development, market assessment, and business plan development projects
for some of the leading corporations in Indonesia. Jefrey also spent a
few years at Ernst & Young Advisory Services where he specialized in
performing share valuation projects relating to M&A and IPO situations. As an
experienced crypto investor, Mr. Joe advises HARA Token on the contributor
climate in Southeast Asia.
Wolf Kluge
Microfinance Expert
Mr. Kluge decided to invest his time in Indonesia 18 years ago to rebuild the
finance industry after the crisis. As a pioneer in providing financial access
to Indonesians, he created a wide range of lending products and the base
for digitalization of loan approval process for smallholder businesses. Until
the beginning of 2018, he held a position in the board of directors of BTPN,
one of the largest private banks in Indonesia. Previously, he had experience
in Deutsche Bank, Aegis Korea and Danamon in several countries. As a
seasoned financial risk expert, Mr. Kluge advises on the development of
HARA Token in lending products.
page 43
10 Team
Our Advisors
Taco Bottema, PhD
Agriculture and Economic Policy Expert
Dr. Bottema has more than 20 years of senior managerial experience from
the United Nations, the European Union, and the Asian Development Bank.
His previous projects revolve around livelihoods, agriculture, natural resource
management and capacity and institutional development at the local and
central level. Currently, Dr. Bottema strives to improve sustainable agriculture
in South East Asia through his ventures and consultations for Indonesia state-
owned fertilizer company, Pupuk Indonesia, by helping them to introduce
sustainable agriculture products to the market. With his extensive knowledge
in sustainable agriculture, Dr. Bottema advises the development and
implementation of HARA Token and its social impacts to the ecosystem.
Koji Shima
Technology Investor
Mr. Shima has been the President Commissioner of PT Mitra Pinasthika Mustika
(MPM) Finance and PT Mitra Pinasthika Mustika Rent since 2013. He has also
served as the President Director of PT MPM Tbk since 2013. Prior to joining MPM,
he spent 20 years with Japan’s major trade and investment house, Nissho Iwai
Corporation. Mr. Shima had more than 30 years of experience in international
trade, retail sales, and investment experience in America, Europe and
Southeast Asia. He received his Bachelor of Laws degree from the University
of Tokyo. With his investment experience around the world, Mr. Shima advises
HARA Token how to approach new investors in cryptocurrency.
page 44
11 Token
Sale
Fact Sheet
Utility Token
Token Name HARA
Token Symbol HART
Token Type ERC20
Total Token Supply 1,200,000,000
Tokens for Sale 360,000,000 (30%)
HARA is seeking to raise US$ 17,000,000 hard cap in ETH.
Token Allocation
5%
Advisors
30%
ITS Contributors
10%
Team
20%
HARA
Treasury 35%
Seeding Fund
A total of 1.2 billion HARA tokens will be pre-minted at the Token Generation Event, with 30% of
tokens distributed to contributors of the Initial Token Sale. The HARA Token is issued as a pure utility
token and does not represent any form of security under Singapore law, rules, and regulations.
Careful thought was given to the distribution of HARA tokens to create a thriving and sustainable
ecosystem. This includes:
yy Initial Token Sale Contributors: Tokens distributed to private sale, presale, and public sale
contributors. Private sale and presale participants may receive bonus tokens for their support,
however their tokens are subject to prorated vesting schedules.
yy Seeding Fund: Tokens used to incentivize platform growth across data providers, buyers,
value-added service providers, bounties and airdrops (if required).
yy HARA Treasury: Tokens used to support the HARA Treasury function, liquidity management,
network operator and ongoing operations.
yy Team: Tokens distributed to the team and early contributors. Tokens are locked for the first 6
months, then vesting on a prorated basis over the next 18 months.
yy Advisors: Tokens allocated to key advisors, critical to the success of the project.
page 45
11 Token
Sale
Use of Funds
4%
Reserve
6%
Operations
8%
Business
development 45%
Deployment
/ Acquisition
37%
Product
development
Hard Cap US$ 17,000,000
HARA will use the proceeds raised from the Initial Token Sale to continue building data exchange
platform and to grow and expand HARA Ecosystem. This includes:
yy Deployment/Acquisition: Covers the deployment and acquisition costs of engaging and
onboarding data providers and buyers at scale. Initial focus will be directed at onboarding
smallholder farmers and other data providers while establishing strategic partnerships with
cornerstone data buyers and value-added service providers.
yy Product Development: Covers the cost of developing HARA blockchain data exchange
and related services, including but not limited to, creation of the blockchain and platform
infrastructure, machine learning algorithms, and smart contracts.
yy Business Development: Covers the expansion of HARA across Southeast Asia and globally,
with focus on countries on the equator line. This includes the cost of entering and establishing
operations in new markets.
yy Operations: Covers operating expenses required to scale up the HARA business, including
fees for external consultants such as legal and accounting.
yy Reserve: Funds for contingency reserve.
page 46
12 Our
Partnerships
Dattabot
Enriching HARA data with Dattabot - the pioneer of big data
analytics in Indonesia
Blockchain for Social Impact

HARA is a member of Blockchain for Social Impact Coalition (BSIC)
— ConsenSys’ initiative to solve UN Sustainable Development Goals
through blockchain solutions
XCHNG
HARA is partnering with XCHNG, a blockchain-based framework for
the digital advertising ecosystem
BOI Research
HARA is engaging with BOI Research - the research partner who
enriches data from exchange
Asuransi Parolamas
HARA and Parolamas are developing digital insurance products for
smallholder farmers together
BNI
One of the largest financial institutions in Indonesia utilizing HARA
data to disburse microcredits
PRISMA
PRISMA, a multi-year program under the AIP-Rural, and HARA
collaborate together to help spur growth in the agriculture value
chain
Synchro
HARA partners up with Synchro, a data transmission and distribution
service from Indonesia
Universitas Muhammadiyah Gresik

HARA and UMG are conducting a study on the developments of
blockchain in the agriculture sector in Indonesia.
African Business Institute

ABI represents HARA in Africa and will serve as a bridge of
communication between various key stakeholders
HEXA Agro
HEXA Agro (offtaker) will act as data buyer in HARA ecosystem and
will help to establish a closed loop farming ecosystem
QUOINE
The upcoming pre-sale and public sale of the HARA Token (HART)
will be managed by QRYPTOS, the exchange run by QUOINE
Japan International Cooperation Agency

HARA is partnering with the Public-Private-Partnership-Project for the
improvement of the agriculture product marketing and distribution
system. This is the technical cooperation project assisted by the
Japan International Cooperation Agency (JICA)
page 47
13 Token
Flow
HARA
Seeding Fund
SUPPLY DEMAND
Farmers ECOSYSTEM INSTITUTIONAL
Field HARA Suite Apps Banks

Officers
Data
Qualifiers HARA DATA HARA FOR HART DATA
ACQUISITION BUSINESS SCAN
EXCHANGE NGOs
Airdrop /
Bounties
HARA DATA HARA AGRO HARA

QUALIFICATION COMPANION CRYPTO
WALLET
Finance
HARA POINT
OF SALE
Government
HARA Partner Apps
NETWORK OPERATORS
Dapps
FREE MARKET
Crypto Exchanges
Token Flow
page 48
14 Concluding
Remarks
Dattabot, as a leading big data company in Indonesia, has been successfully providing access
to data and bring valuable insights across industries since its establishment in 2003. With our
experience in combining AI and blockchain technology, we believe it is now the time to pursue
the next phase of our mission: data democratization for the world’s most socially impactful
sectors. We began with the agriculture and food sector because we believe we should start at
the bottom of the pyramid and touch the largest, yet the most likely to suffer from economic and
informational inequalities. If we agree that the agriculture and food sector is the foundation of
how we can alleviate poverty and bring economic and social benefits to many, then this is where
we need to start.
Rapid growth of the world population has made food security a critical issue in the near future.
The challenge is not only to increase production but also to reduce productivity loss that counts
almost 30% across the value chain. We believe that near-time valuable data are crucial for the
agriculture and food sector to become more productive, inclusive, and resilient. To address this
challenge, we are developing HARA as the first end-to-end solution for all stakeholders in the
data exchange market and starting with agriculture and food sector value chain. The greater
the access to valuable agriculture data, the more applications of the data that people will find.
Furthermore, it is only the beginning. The HARA Data Exchange Platform will expand to the value
chains of health, transportation, education, and recreation sectors to amplify the impact of HARA
tokens to larger population.
The challenge now is to encourage adaptation and implementation of HARA Data Exchange
Platform as impactful and as universal as possible. Contributing tokens to HARA platform will
create opportunities to transform the lives of others.
Together, we can empower billions, one byte at a time.
page 49
15 Important
Notices
THE HARA TOKENS ARE NOT SECURITIES OR UNITS IN A COLLECTIVE INVESTMENT SCHEME OR
BUSINESS TRUST, EACH AS DEFINED UNDER SINGAPORE’S SECURITIES AND FUTURES ACT (CAP.
289) (“SFA”). ACCORDINGLY, THE SFA DOES NOT APPLY TO THE OFFER AND SALE OF HARA
TOKENS. FOR THE AVOIDANCE OF DOUBT, THIS INITIAL OFFERING OF HARA TOKENS NEED NOT BE
ACCOMPANIED BY ANY PROSPECTUS OR PROFILE STATEMENT AND NO PROSPECTUS OR PROFILE
STATEMENT NEEDS TO BE LODGED WITH THE MONETARY AUTHORITY OF SINGAPORE (“MAS”).
THIS WHITE PAPER DOES NOT CONSTITUTE, AND IS NOT INTENDED TO BE, AN OFFER OF, OR AN
INVITATION TO PURCHASE, SECURITIES OR ANY OTHER FINANCIAL OR INVESTMENT INSTRUMENT
IN ANY JURISDICTION. THIS WHITE PAPER ALSO DOES NOT CONSTITUTE AN OFFER OF, OR AN
INVITATION TO PURCHASE, HARA TOKENS IN ANY JURISDICTION IN WHICH SUCH OFFER OR SALE
WOULD BE UNLAWFUL. NO REGULATORY AUTHORITY IN SINGAPORE, INCLUDING THE MAS, HAS
REVIEWED, OR APPROVED OR DISAPPROVED OF, HARA TOKENS OR THIS WHITE PAPER. THIS WHITE
PAPER AND ANY PART HEREOF MAY NOT BE DISTRIBUTED OR OTHERWISE DISSEMINATED IN ANY
JURISDICTION WHERE OFFERING TOKENS IN THE MANNER SET OUT THIS WHITE PAPER IS REGULATED
OR PROHIBITED.
THE INFORMATION IN THIS WHITE PAPER IS CURRENT ONLY AS OF THE DATE ON THE COVER
HEREOF. FOR ANY TIME AFTER THE COVER DATE OF THIS WHITE PAPER, THE INFORMATION
HEREIN (INCLUDING INFORMATION CONCERNING HARA TECHNOLOGY PTE LTD’S BUSINESS
OPERATIONS AND FINANCIAL CONDITION) MAY HAVE CHANGED. NEITHER THE DELIVERY OF THIS
WHITE PAPER NOR ANY SALE MADE IN THE RELATED INITIAL TOKEN OFFERING SHALL, UNDER ANY
CIRCUMSTANCES, CONSTITUTE A REPRESENTATION THAT NO SUCH CHANGES HAVE OCCURRED.
HARA TECHNOLOGY PTE LTD DOES NOT MAKE OR PURPORT TO MAKE, AND HEREBY DISCLAIMS ALL
RESPONSIBILITY AND LIABILITY FOR, ANY REPRESENTATION, WARRANTY, UNDERTAKING, OR OTHER
ASSURANCE IN ANY FORM WHATSOEVER TO ANY PERSON, INCLUDING ANY REPRESENTATIONS,
WARRANTIES, UNDERTAKINGS, OR OTHER ASSURANCES IN RELATION TO THE TRUTH, ACCURACY,
OR COMPLETENESS OF ANY PART OF THE INFORMATION IN THIS WHITE PAPER.
WHETHER TAKEN AS A WHOLE OR READ IN PART, THIS WHITE PAPER IS NOT, AND SHOULD NOT BE
REGARDED AS, ANY FORM OF LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE. HARA
TECHNOLOGY PTE LTD DOES NOT REPRESENT THAT THIS WHITE PAPER DISCLOSES ALL RISKS AND
OTHER SIGNIFICANT ASPECTS ASSOCIATED WITH HARA TOKENS AND/OR HARA TECHNOLOGY
PTE LTD. YOU SHOULD SEEK INDEPENDENT PROFESSIONAL ADVICE BEFORE MAKING YOUR OWN
DECISION AS TO WHETHER OR NOT TO PURCHASE ANY HARA TOKENS. YOU ARE RESPONSIBLE
FOR ANY AND ALL EVALUATIONS, ASSESSMENTS, AND DECISIONS YOU MAKE IN RELATION TO
PURCHASING HARA TOKENS. YOU MAY REQUEST FOR ADDITIONAL INFORMATION FROM HARA
TECHNOLOGY PTE LTD IN RELATION TO THIS OFFER OF HARA TOKENS. HARA TECHNOLOGY PTE LTD
MAY, BUT IS NOT OBLIGED TO, DISCLOSE SUCH INFORMATION DEPENDING ON WHETHER (I) IT IS
LEGAL TO DO SO AND (II) THE REQUESTED INFORMATION IS REASONABLY NECESSARY TO VERIFY
THE INFORMATION CONTAINED IN THIS WHITE PAPER.
UPON PURCHASING ANY HARA TOKENS, YOU WILL BE DEEMED TO HAVE REVIEWED THIS WHITE
PAPER (AND ANY INFORMATION YOU MAY HAVE REQUESTED AND OBTAINED FROM HARA
TECHNOLOGY PTE LTD) IN FULL AND TO HAVE AGREED TO THE TERMS OF THIS OFFERING OF
HARA TOKENS, INCLUDING TO THE FACT THAT THIS OFFERING DOES NOT FALL WITHIN THE SCOPE
OF ANY SECURITIES LAWS IN SINGAPORE AND IS NOT REGULATED BY THE MAS. YOU FURTHER
ACKNOWLEDGE AND AGREE THAT THE HARA TOKENS ARE NOT SECURITIES AND ARE NOT MEANT
TO GENERATE ANY FORM OF INVESTMENT RETURN. PERSONS CONSIDERING INVESTING IN HARA
TOKENS ARE RESPONSIBLE FOR CONDUCTING THEIR OWN DUE DILIGENCE ON HARA TECHNOLOGY
PTE LTD AND THE HARA TOKENS, AND SHOULD ENSURE THAT THEY UNDERSTAND AND ARE ABLE TO
BEAR THE RISKS OF PURCHASING HARA TOKENS.
page 50
15 Important
Notices
THE PLATFORM, HARA TOKENS, AND ANY RELATED SERVICES PROVIDED BY HARA TECHNOLOGY
PTE LTD ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. HARA TECHNOLOGY PTE
LTD DOES NOT GRANT ANY WARRANTIES OR MAKE ANY REPRESENTATION, EXPRESS OR IMPLIED
OR OTHERWISE, AS TO THE ACCESSIBILITY, QUALITY, SUITABILITY, ACCURACY, ADEQUACY, OR
COMPLETENESS OF THE PLATFORM, HARA TOKENS, OR ANY RELATED SERVICES PROVIDED
BY HARA TECHNOLOGY PTE LTD, AND EXPRESSLY DISCLAIMS ANY LIABILITY FOR ERRORS,
DELAYS, OR OMISSIONS IN, OR FOR ANY ACTION TAKEN IN RELIANCE ON, THE \ PLATFORM,
HARA TOKENS, AND ANY RELATED SERVICES PROVIDED BY HARA TECHNOLOGY PTE LTD. NO
WARRANTY, INCLUDING THE WARRANTIES OF NON-INFRINGEMENT OF THIRD PARTY RIGHTS, TITLE,
MERCHANTABILITY, SATISFACTORY QUALITY, OR FITNESS FOR A PARTICULAR PURPOSE, IS GIVEN IN
CONJUNCTION WITH THE PLATFORM, HARA TOKENS, AND ANY RELATED SERVICES PROVIDED BY
HARA TECHNOLOGY PTE LTD.
page 51
16 Risk
Factors
Regulatory risks. The regulation of tokens such as HARA Tokens is still in a very nascent stage of
development in Singapore. A high degree of uncertainty as to how tokens and token-related
activities are to be treated exists. The applicable legal and regulatory framework may change
subsequent to the date of issuance of this White Paper. Such change may be very rapid and it is
not possible to anticipate with any degree of certainty the nature of such regulatory evolution.
HARA TECHNOLOGY PTE LTD does not in any way represent that the regulatory status of HARA
Tokens will remain unaffected by any regulatory changes that arise at any point in time before,
during, and after this offering.
No regulatory supervision. None of HARA TECHNOLOGY PTE LTD or its affiliates is currently
regulated or subject to the supervision of any regulatory body in Singapore. In particular, HARA
TECHNOLOGY PTE LTD and its affiliates are not registered with MAS in Singapore as any type of
regulated financial institution or financial advisor and are not subject to the standards imposed
upon such persons under the Securities and Futures Act, Financial Advisors Act, and other related
regulatory instruments. Such persons are required to comply with a variety of requirements and
standards concerning disclosures, reporting, compliance, and conduct of their operations for
purposes or maximizing investor protections. Since HARA TECHNOLOGY PTE LTD is not subject to
such requirements or standards, it will make decisions on those issues at its own discretion. While
HARA TECHNOLOGY PTE LTD will have regard to best practices on these issues, holders of HARA
Tokens will not necessarily enjoy the same extent and degree of investor protections as would be
the case should they purchase products or services from regulated entities instead.
Regulation from jurisdictions other than Singapore. The regulatory risks described herein
take into consideration Singapore law only. If it is anticipated that HARA Tokens will be sold or
resold outside Singapore, this would subject HARA TECHNOLOGY PTE LTD or your HARA Tokens to
non-Singapore legal requirements. These legal requirements may be significant. Non-Singapore
regulation could involve the same types of changes and outcomes described above with
respect to Singapore regulation, and may negatively affect the value of HARA Tokens or cause
HARA TECHNOLOGY PTE LTD to cease operations.
No fiduciary duties owed. As HARA TECHNOLOGY PTE LTD is not a regulated financial
institution, it does not owe investors in HARA Tokens any fiduciary duties. This means that HARA
TECHNOLOGY PTE LTD has no legal obligation to always act in good faith in the best interests
of holders of HARA Tokens. While HARA TECHNOLOGY PTE LTD will have regard to the interests
of holders of HARA Tokens, it is also permitted to consider the interests of other key stakeholders
and to prefer these interests over the interests of HARA Token holders. This may mean that HARA
TECHNOLOGY PTE LTD is permitted to make decisions that conflict with, or are not necessarily in,
the interests of HARA Tokens holders. Not owing any fiduciary duties to holders of HARA Tokens
also means that holders of HARA Tokens may have limited rights of recourse against HARA
TECHNOLOGY PTE LTD and its affiliates in the event of disputes.
Tax risks. The tax characterization of HARA Tokens is unclear. Accordingly, the tax treatment
to which they will be subject is uncertain. All persons who wish to purchase HARA Tokens should
seek independent tax advice prior to deciding whether to purchase any HARA Tokens. HARA
TECHNOLOGY PTE LTD does not make any representation as to whether any tax consequences
may arise from purchasing or holding HARA Tokens.
page 52
16 Risk
Factors
Risks from third parties. The tokenized nature of HARA Tokens means that they are a
blockchain-based asset. The security, transferability, storage, and accessibility of blockchain
assets depends on factors outside of HARA TECHNOLOGY PTE LTD’s control, such as the security,
stability, and suitability of the underlying blockchain (in this case, the [Ethereum] blockchain),
mining disruptions, and who has access to the private key of any wallet where HARA Tokens are
stored. HARA TECHNOLOGY PTE LTD does not represent or otherwise assure that it can prevent
such external factors from having any direct or indirect adverse impact on any of HARA Tokens.
Persons intending to purchase HARA Tokens should note that adverse events caused by such
external factors may results in the loss of some or all HARA Tokens purchased. Such loss may be
irreversible. HARA TECHNOLOGY PTE LTD is not responsible for taking steps to retrieve HARA Tokens
lost in this manner.
Risks of purchasing HARA Tokens. HARA TECHNOLOGY PTE LTD cannot and does not
guarantee or otherwise assure that there are no risks in relation to your purchase of HARA Tokens.
The purchase of HARA Tokens may, depending on the manner in which the relevant purchase
is effected, involve third parties or external platforms (e.g., wallets). The involvement of such
parties or platforms may introduce risks that would not otherwise be present, such as misconduct
or fraud by the third party, or your failure to receive HARA Tokens upon duly making payment
because of a third-party wallet’s incompatibility with HARA Tokens. HARA TECHNOLOGY PTE LTD
is not responsible for any risks arising due to the involvement of third parties, including the risk of
not receiving (or subsequently losing) any or all HARA Tokens you attempt to (or successfully)
purchase.
Vulnerability to cyberattacks. The platform and Services are available for use in part by
leveraging on distributed computing and storage resources available through wide area network
connections (the “Cloud”). As a result, the Services are susceptible to a number of risks related
to Cloud-based computing and data storage. While HARA TECHNOLOGY PTE LTD does not have
access to the encrypted contents of the data stored through the Services, the Services may
involve the storage of large amounts of sensitive and/or proprietary information, which may be
compromised in the event of a cyberattack or other malicious activity. Similarly, the Services may
be interrupted and files may become temporarily unavailable in the event of such an attack or
malicious activity. Because users can use a variety of hardware and software that may interface
with the platform, there is the risk that the Services may become unavailable or interrupted
based on a failure of interoperability or an inability to integrate these third-party systems and
devices that HARA TECHNOLOGY PTE LTD does not control with HARA TECHNOLOGY PTE LTD’s
Services. The risk that the Services may face increasing interruptions and the platform may face
additional security vulnerabilities could adversely affect the platform and, therefore, the future
value and utility of your HARA Tokens.
Vulnerability to mining attacks. As with other decentralized cryptographic tokens based on

the [Ethereum] protocol, your HARA Tokens are susceptible to attacks by miners in the course of
validating the Token transactions on the [Ethereum] blockchain. Such attacks include double-
spend attacks, majority mining power attacks, and selfish-mining attacks, among others. Any
successful attack presents a risk to your HARA Tokens and the platform, including, but not limited
to, accurate execution and recording of transactions involving your HARA Tokens.
Disruption in operations. Technical difficulties may affect HARA TECHNOLOGY PTE LTD or its
affiliates. Such disruptions may prevent your access to or use of HARA Tokens or the platform.
While HARA TECHNOLOGY PTE LTD will take all reasonable steps to prevent or mitigate the
impact of such disruptions on its provision of services and its operations in general, there can be
no guarantee that all such disruptions may be successfully prevented.
page 53
16 Risk
Factors
No guarantee of value of HARA Tokens. There is no guarantee that your HARA Tokens will hold
their value or increase in value. You may lose the entire, or part of the, amount of any payment
you made for HARA Tokens. If you are financing your purchase of HARA Tokens and the value of
your HARA Tokens decreases, you may be unable to repay the loan used to purchase your HARA
Tokens. There is considerable uncertainty about their long-term viability, which could be affected
by a variety of factors, including market-based factors such as economic growth. In addition, the
success of your HARA Tokens will depend on whether blockchain and other new technologies
related to your HARA Tokens turn out to be useful and economically viable. HARA TECHNOLOGY
PTE LTD does not control any of these factors, and therefore may not be able to control the long-
term success of your HARA Tokens as a feature of the platform, or the ability of your HARA Tokens
to maintain their value. HARA TECHNOLOGY PTE LTD provides no guarantee that the amount of
your HARA Tokens you purchase will retain their value. You may lose all or some of that value. HARA
TECHNOLOGY PTE LTD does not plan to maintain any type of bond or trust account designed to
protect holders of your HARA Tokens. Even if HARA TECHNOLOGY PTE LTD did so, you should be
aware that any bond or trust account maintained by HARA TECHNOLOGY PTE LTD for the benefit
of its customers may not be sufficient to cover all losses incurred by holders of HARA Tokens.
Volatility of HARA Tokens. The volatility and unpredictability of the price of HARA Tokens relative
to other virtual and fiat currencies may result in significant loss over a short period of time. Although
HARA Tokens cannot be purchased with fiat currency, the value of the cryptocurrencies that may
be used to purchase HARA Tokens can be. As a result, the value of HARA Tokens may in part be
affected by or derived from the continued willingness of market participants to exchange fiat
currency for cryptocurrencies. Changes in such currencies relative to each other as well as to fiat
currencies may accordingly affect the price and, in turn, the value of HARA Tokens.
Level of demand for HARA Tokens not assured or constant. It is possible that there will be
minimal to no demand for your HARA Tokens. In such an event, the short-term and long-term
viability of your HARA Tokens and the platform will be in doubt, and HARA TECHNOLOGY PTE
LTD may terminate your HARA Tokens and cease all operations. Moreover, the cryptocurrency
market is a new and untested market, the characteristics and behavior of which, in the context
of domestic and global markets, is not fully understood. The level of demand for HARA Tokens
cannot be accurately predicted or projected.
Use and continued acceptance of HARA Tokens. Although HARA Tokens may be accepted
as payment at any point in time, there is no assurance that HARA Tokens will still be accepted as
payment (or as a medium of exchange) at any subsequent point in time.
Risks in holding HARA Tokens. If you store your HARA Tokens in a hot wallet or certain types
of cold wallets, your HARA Tokens balance will be associated with the public key address of
your wallet and, in turn, your private key address. You are responsible for knowing your private
key address and keeping it a secret. Because a private key, or a combination of private keys, is
necessary to control and dispose of HARA Tokens stored in your digital wallet or vault, the loss of
one or more of your private keys associated with your digital wallet or vault storing HARA Tokens
will result in the loss of your HARA Tokens. Moreover, any third party that gains access to one or
more of your private keys, including by gaining access to login credentials of a hosted wallet
service you use, may be able to misappropriate your HARA Tokens. HARA TECHNOLOGY PTE LTD
and its affiliates will never ask you for your private key address, and you should never share this
information with someone you do not know and trust.
page 54
16 Risk
Factors
Reversal of transactions. Transactions of HARA Tokens may be irreversible. This includes

transactions made fraudulently, erroneously, or accidentally. HARA Tokens involved in such
irreversible transactions may not be recoverable. HARA TECHNOLOGY PTE LTD does not
anticipate that it will redeem HARA Tokens from holders of HARA Tokens for any reason.
Token supply. The supply of HARA Tokens may decrease for various reasons, including reasons
outlined in this section on risk factors. In addition, if a wallet is lost, HARA Tokens stored therein
may not reenter the Token supply. Alternatively, HARA TECHNOLOGY PTE LTD may burn any
number of HARA Tokens. Burning HARA Tokens will destroy the HARA Tokens and reduce the
overall HARA Tokens supply. The supply of HARA Tokens may increase should HARA TECHNOLOGY
PTE LTD decide, after having issued and distributed the maximum number of HARA Tokens in its
initial token offering, to have one or more token generation events.
Subsequent sale and exchange. HARA Tokens may be sold on exchanges or directly between
parties after the close of the initial token offering for fiat or other cryptocurrencies. However,
there is no guarantee that such a secondary market will develop or that mechanisms for such
secondary trading will develop or be available at any given time. HARA TECHNOLOGY PTE LTD is
not involved in operating these exchanges and is not responsible for encouraging them or any
other person to transact in HARA Tokens. It should additionally be noted that cryptocurrency
exchanges may be newly established and subject to little or no regulatory supervision and, as
a consequence, more vulnerable to attacks, fraud, or manipulation. Fluctuations in the value
ascribed to HARA Tokens on any cryptocurrency exchange may affect the value of HARA Tokens
on other cryptocurrency exchanges. Regulatory restrictions may apply on the resale of HARA
Tokens, whether under Singapore law or the law of any other jurisdiction.
No assured use of HARA Tokens on platforms other than the platform. HARA Tokens are
designed for use on the platform. Although third parties may also build systems that also allow
the use of HARA Tokens, HARA TECHNOLOGY PTE LTD does not anticipate any involvement in
those uses of HARA Tokens and has no responsibility for them. There is no guarantee that any third
parties will develop alternative uses of your HARA Tokens.
No participation in operations. Holding HARA Tokens does not confer any right to vote on, be
consulted about, or have a say in (i) any aspect of HARA TECHNOLOGY PTE LTD’s management
or (ii) how the platform is administered, developed, or governed. As a result, HARA Token holders
will not have control over the platform or HARA Tokens and may not prevent or prohibit HARA
TECHNOLOGY PTE LTD from making decisions that may adversely affect the platform or HARA Tokens.
Cessation of operations. There is no guarantee that HARA TECHNOLOGY PTE LTD or any of its
affiliates will continue as viable companies. The utility and value of HARA Tokens depend on
HARA TECHNOLOGY PTE LTD’s success and support of the platform. If HARA TECHNOLOGY PTE LTD
ceases operations and goes out of business, you may lose 100% of the value of your HARA Tokens.
page 55
Whitepaper v1.0
Updated: September 23, 2018

HARA Token White Paper v20180923

Uploaded by

Copyright:

Available Formats

HARA Token White Paper v20180923

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

HARA Token White Paper v20180923

Uploaded by

Copyright:

Available Formats

What are the goals of the HARA platform?

What are the goals of the HARA platform?

What types of data will be available on the HARA platform?

What types of data will be available on the HARA platform?

BLOCKCHAIN FOR

Starting with one byte at a time.

3. HARA - The Equality Solution  7

4. Total Addressable Market (TAM) 9

5. Demand for Data 15

11. Token Sale 45

12. Our Partnerships 47

13. Token Flow 48

14. Concluding Remarks 49

15. Important Notices 50

16. Risk Factors 52

Below is a glimpse of accomplishments that characterize our journey:

The ability to think and

Data, that is selected,

Raw facts. Unorganised.

Digital Big Data

Supply chain A.I. Blockchain Universities

Huge amount Data is owned Concerns on

High cost Limited data Lack of benefits

Frictionless Economic Overall

HARA’s Social Impact

Facilitates Offers more Provides traceable

Simplifies data Ensures that data Incentivizes data

Agriculture and Food Sector

Initial Target Countries

Bangladesh Indonesia Vietnam Thailand

Kenya Uganda Mexico Peru

Agriculture and Food Sector: Brief Overview

Internet and Mobile Penetration

Mobile vs Banking Reach

Top 10 countries by borrowers and loan portfolio outreach

Data Commercial Market

Digital Advertising and Adoption

HARA offers near-time All stakeholders across HARA is a solution to

FARMER DATA FARM INPUT DATA HARVEST DATA PLANTING

SOIL DATA WEATHER DATA

Potential Data Usage

Crop and Livestock Farmers

Agricultural Logistics and Transport

Relevant Type Data Potentials:

Off-takers and Traders

Relevant Type Data Potentials:

FMCG and Retailers

Relevant Type Data Potentials:

Banking, Insurance Companies, and Other Financial Institutions

Relevant Type Data Potentials:

Academic and Research Institutions

Relevant Type Data Potentials:

Data providers Input data contribute token Data buyers

Receive tokens and Access to near-time and

Value-added services Data qualifiers

Smallholder Farmer as any Data Provider

Data providers and loyalty points - farmer data flow

Farmers Unstructured Field HARA mobile/ HARA Data

Loyalty Loyalty Network

3. HARA - The Equality Solution 7

4. Total Addressable Market (TAM) 9

5. Demand for Data 15

11. Token Sale 45

12. Our Partnerships 47

13. Token Flow 48

14. Concluding Remarks 49

15. Important Notices 50

16. Risk Factors 52

FARMER DATA FARM INPUT DATA HARVEST DATA PLANTING

SOIL DATA WEATHER DATA