INTEGRATED REPORT 2019

Blockchain Business

Cryptocurrency (NCXX Group Inc.)(e frontier, Inc.)

e frontier entered a business alliance with Fisco Cryptocurrency Exchange in January 2018, and the two companies have started developing AI trading system for cryptocurrencies. e frontier has also begun conducting trials of cryptocurrency based on this AI trading system. Furthermore, in October 2018, e frontier subscribed to bonds with warrants issued by Fisco Cryptocurrency Exchange’s parent group, FICSO Digital Asset Group. In another aspect of cryptocurrency operations, e frontier conducts cryptocurrency mining operations in Hanamaki, Iwate Prefecture, where the NCXX Group Head Office is located. The heat exhausted from the mining equipment is used in the NCXX FARM agricultural ICT operation.

AI Trading System for Cryptocurrency

* For TITICACA, the Company has been proceeding with operations that use the AI trading system for cryptocurrency that e frontier has developed as a trading base.