Explain to them the positives and negatives of adopting cryptocurrency for tracking payments: Risk and Technology Case Study, MU, NZ

Risk and Technology

Appendix A

subject: Advancing PropTech Solutions into Southeast Asia!

Dear PropTech Solutions Team,
hope this email finds you well. | wanted to share some incredibly exciting news that has been brewing behind the
scenes here at PropTech Solutions. Our Executive Team and Board have been thoroughly reviewing the business case
for our expansion efforts, and I'm thrilled to announce that we have a green light to move forward with a proposed
initiative.

In line with the vision presented in the business case you provided; the Board has expressed a keen interest in
executing this plan by acquiring a small, Malaysia-based start-up company, Rental Partners. Rental Partners offers a
product similar to PropTech Solutions, and the acquisition will serve as a strategic move to tap into Rental Partners’
existing staff and customer base. Notably, this decision represents a significant financial win, as it will immediately
infuse our organization with an existing customer base in Southeast Asia, ensuring revenue and a head start from day
one.

One of the unique offerings that Rental Partners provides is an in-house developed blockchain-powered ledger, which
is used to track rental payments for tenants within both commercial and residential real estate. The solution has been in
operation for two years, and feedback given by the management team of Rental Partners is positive. Software used by
Rental Partners has had custom integrations built to interrogate the information present in the blockchain ledger.
The use of blockchain technology provides many benefits, but we are also aware of some potential risks of adopting
relatively unproven technology.

Additionally, we are investigating expanding our service offering to include detailed reporting on our landlord's property
profile. We will enlist the help of relevant staff to investigate if the information we currently hold will be enough to
provide meaningful insights. More on this to come.

Please stay tuned for further updates as we embark on this exciting journey together. Your dedication and hard work
have brought us to this pivotal moment, and | have every confidence that our collective efforts will lead us to even
greater heights.

As part of this greenlight, the Board has requested that we:
Explain to them the positives and negatives of adopting cryptocurrency for tracking payments, and to provide an
opinion on whether PropTech Solutions should consider adopting this technology into our core product offering.