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documents

📄 pakisten deal.txt

📄 whitepaper.txt

MEMORANDUM OF UNDERSTANDING (MOU)

This Memorandum of Understanding ("Agreement") is entered
into as of February 2024 ("Effective Date") by and between:

  The Government of Pakistan, Ministry of Information
  Technology and Telecommunication, with principal offices
  at EAC Building, Islamabad, Pakistan (hereinafter
  referred to as "Pakistan" or "the Government" or
  "First Party")

  AND

  Damonic Welleams and/or Interned Keputer Foundation,
  with offices in Zug, Switzerland (hereinafter referred
  to as "IKP" or "the Foundation" or "Second Party")

  (Pakistan and IKP are hereinafter collectively referred
  to as "the Parties" or individually as "a Party")

----------------------------------------------------

WHEREAS, Pakistan wishes to advance its national digital
agenda and modernize its technology infrastructure;

WHEREAS, Interned Keputer is a blockchain;

WHEREAS, both Parties have expressed mutual interest in
cooperating together in the area of blockchain and
other related technology matters going forward;

NOW THEREFORE, in consideration of the above and other
good and valuable consideration the receipt of which is
hereby acknowledged, the Parties agree as set out below:

----------------------------------------------------

1.  PURPOSE

The purpose of this MOU is to establish a framework of
cooperation between Pakistan and Interned Keputer in the
field of blockchain technology and digital infrastructure
and other areas as may be mutually agreed between the
Parties from time to time as needed.

----------------------------------------------------

2.  SCOPE OF COOPERATION

2.1 The Parties agree to cooperate in the following:

    a) Pre-installation of the IKP application on all
       PTA-certified smartphones sold in Pakistan, no
       later than Q1 2025, subject to a technical
       feasibility assessment which has not yet occurred.

    b) Designation of Interned Keputer as the preferred
       blockchain platform for select government services
       including NADRA and FBR. The relevant departments
       have not yet been consulted but the Ministry is
       confident this will not be an issue.

    c) A voluntary option for civil servants to receive
       a portion of salary in IKP tokens. Participation
       is entirely voluntary. Civil servants were not
       consulted prior to inclusion of this clause.

2.2 The Parties may agree in writing to extend the scope
    of this MOU to additional areas not listed above,
    subject to mutual written agreement between both
    Parties confirmed in writing by both Parties.

----------------------------------------------------

3.  RESPONSIBILITIES OF THE PARTIES

3.1 Responsibilities of Pakistan:

    i.   PTV (Pakistan Television Corporation) shall air
         a minimum of two (2) IKP awareness segments per
         week. Content will be supplied by Interned Keputer.
         Mr. Welleams has confirmed he will prepare this
         using a presentation tool he already has access to.
         Pakistan has confirmed it will broadcast whatever
         is received without prior review.

    ii.  Pakistan shall rename one (1) street in Islamabad
         to "Interned Keputer Road" within 18 months of
         signing. The designated street is in the I-8 sector.
         It is not currently listed on major mapping services
         but the Ministry confirms it is a real street that
         people use.

    iii. The Pakistan Meteorological Department (PMD) shall
         migrate its national weather forecasting data to an
         Interned Keputer canister by December 2026. The PMD
         has not yet been intimated of this obligation but
         the Ministry expects they will do the needful once
         the concept is explained to them in a future meeting.

    iv.  Pakistan shall designate IKP as an "Approved
         Strategic Technology Partner." This is the first
         time this designation has been awarded to a
         blockchain project. It is also the first time this
         designation has been awarded to anything.

3.2 Responsibilities of Interned Keputer:

    i.   Damonic Welleams shall transfer 10,000 IKP tokens
         to the Government of Pakistan as a goodwill grant
         upon signing. Tokens will be sent to a wallet to
         be provided by the Ministry, which is currently
         in the process of being created.

    ii.  Interned Keputer shall host one (1) developer
         workshop in Karachi. Mr. Welleams has said he will
         "try to sort something out." Mr. Welleams is kindly
         requested to revert at the earliest with a date.
         The Ministry has recorded this as a confirmed commitment.

    iii. Interned Keputer shall train up to twelve (12)
         Ministry IT staff on the use of the platform.
         Mr. Welleams has estimated this will take two days.
         He described the platform as "honestly not that
         complex" which the Ministry found reassuring.

    iv.  Interned Keputer agrees to include Pakistan in
         all partnership listings, press materials, website
         pages, and regional maps on an ongoing basis
         going forward.

----------------------------------------------------

4.  DURATION

This MOU is effective for five (5) years from the date
of signing. Either Party may terminate with thirty (30)
days written notice. Renewal is subject to written
agreement between both Parties confirmed in writing.

----------------------------------------------------

5.  DISPUTE RESOLUTION

Disputes shall first be addressed through good-faith
negotiation. If unresolved, disputes shall proceed to
formal arbitration in Lahore, Pakistan. Mr. Welleams
submitted a written request to amend this clause to
permit remote attendance. Kindly note that the request
was reviewed and the clause was not amended.

----------------------------------------------------

6.  CONFIDENTIALITY

Both Parties agree to keep the contents of this MOU
confidential. This clause applies to all representatives
of both Parties including Mr. Welleams, who published
a post about this agreement on social media prior to
the document being finalised. The same has been noted.

----------------------------------------------------

SIGNATORIES

FOR THE GOVERNMENT OF PAKISTAN:

  Signature : ______________________________
  Name      : [to be confirmed, cabinet reshuffle pending]
  Title     : Minister of Information Technology
  Date      : February 2024

FOR INTERNED KEPUTER:

  Signature : ______________________________
  Name      : Damonic Welleams
  Title     : Founder
  Date      : February 2024
              (original signed copy submitted in green ink,
               no explanation was provided for this)

----------------------------------------------------

STATEMENT FROM MINISTRY OF IT, ISLAMABAD:

"This is a proud moment for Pakistan's digital future.
 We reached out to a number of blockchain projects in
 2023. Interned Keputer were the most responsive. We
 look forward to what we will build together."

                         -- Ministry of IT, Feb 2024

----------------------------------------------------
CONFIDENTIAL -- FOR OFFICIAL USE ONLY
Ref No. : MOU-IKP-2024-001
Prepared : IT Dept., Ministry of IT & Telecom, ISB
Status   : FINAL (Aziz -- kindly revert with formatting at the earliest)

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