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Newton - the history of one cryptocurrency

2020-01-08

About Newton

Newton provides a state-of-the-art infrastructure for the development of the community economy. This system allows users to reliably protect personal data by unique encryption. Each member of the network has the ability to manage a personal credit of trust. A highly efficient control mechanism is achieved by replacing the integration of technological protocols. This allows you to save transaction costs and distribute them to each participant.

The formation of a new organizational structure and mechanisms for reliable cooperation is achieved through the introduction of new technologies. The internal economy of the community effectively replaces the platform of monopoly mediation. The system is based on fair and open rules. Each member of the structure has the opportunity to benefit from the economy.

Newtons technological structure consists of three levels:

Basic tech includes NewChain, NewNET, Atom Hashing, NewIoT, and NewAI.
The hyper-exchange protocol layer includes digital identity and credit, supply chain, digital marketing, transactions and payments, secure physical channels, NNIO, and more.
The application layer includes wallets, retail, logistics, finance, and insurance.
The developers focus on a series of core technologies to support the hyper-exchange protocol, which is the core cluster of commercial protocols. This provides comprehensive support for the operation of top-level applications.

Digital identity and a high level of trust are achieved through reliable control of users over their own assets. The system ensures complete confidentiality of data. The supply chain is organized using the atom-hashing method. Such an organization allows you to check any information about the product. Digital marketing deserves special attention. Advertisers form plans through standard templates and smart contracts. The presence of the NEWai system allows systematic research of various market segments.

The trading and payment process is organized according to the principle of absolute security. The launch of multiparty transactions is available on the basis of insurance and finance contracts. The system ensures efficient payments and prompt settlements. A wide range of online payment instruments is available to registered users.

Hyper-exchange protocol also includes:

Physical tunnel. The system operates on the basis of NewChain and NewloT. The high reliability of the protocol is ensured by the technical parameters of the equipment.
Automatic financing mechanism. The system integrates insurance, credit and investment smart contracts. Digital identification ensures complete security of transactions.
NNIO. Developers have access to NewNet. This protocol provides high-quality data storage and complex computing services.

Newton features

The functionality of Newton is achieved through a number of developments. The system includes a large number of main and auxiliary circuits. The technology is provided by:

NewChain. The main structure is responsible for the quality of user account management and network operation. Peripheral elements serve the structure. The mechanism for the formation of the auxiliary chain is achieved through the completion of POS mining;
NewNet. The system includes a large number of computer network nodes. The security service is based on full SQL database support. The service allows you to host a large number of official web services;
Atom Hashing. Development allows you to quickly extract the parameters of a material asset. This primarily concerns optical and customizable functions;
NewloT. The new technological concept includes the FOG blockchain. This gateway has significant capacity to perform calculations and support multiple access communication protocols;
NewAi. Artificial intelligence has approved information standards. The system uses a dedicated docker container to quickly launch software. Thus, a high quality service is provided.
The Newton project aims to create infrastructure for the economy at the community level through the provision of management, collaboration and incentive services. The system includes the main public chain (New Chain), distributed storage (New Net) and New IOT (which covers more than a dozen sensors). The mainnet was launched in December 2018. It has the structure "Main circuit and additional circuit", POA negotiation mechanism.

Newton also has the Hyper Exchange protocol, which targets dApps in areas such as digital identity, credit, supply chain, and digital marketing. The first dApp to launch on Newton is New Mall, a retail chain. The project developers also provide application support in areas such as agriculture, supply chain, payment, public welfare, and gaming.

How is Newton created?

The official start of the project took place at the end of December 2017. The founder of blockchain technology is a professional programmer Xu Jishe. The official launch of the Newton First round of token exchange website took place in April 2018. After 7 months, the leader initiated the second round of token sale. Due to him, the specialist managed to significantly capitalize the project. After another 90 days, the third stage of sales took place. In the process of expanding the project, the team was joined by Li Shubin and Xia Wu. Strategic and marketing experts have worked hard to scale Newton.

The commissioning of the main chain of the Newton wallet made it possible to significantly capitalize the project. This event took place in December 2018. After 120 days, the system was replenished with NewMall. Further development modifications followed. At the end of December 2019, the release of the NewEx10 development complete protocol is planned.

The developers paid special attention to the functionality of built-in applications. The mechanism for tracking agricultural products deserves special attention. By introducing an IoT device into the circulation of agricultural material, the production and sale of products, the safety and efficiency of the entire manufacturing process can be increased. Due to the protection of production data from unauthorized access, the project can be widely used in scientific research and in order to combat counterfeiting.

The intelligent landing system will be actively used throughout the world in a few years. With NewIoT compatible IoT sensors, you can monitor your planting environment and crop growth around the clock. By using NewAI to make intelligent monitoring decisions, a complete planting system can be created to identify risks, stabilize production and increase revenues over time.

The developers are confident that their technology will be actively used in various industries. The system allows you to quickly analyze a large amount of data and provide the best option for solving current problems. This approach ensures high efficiency of the platform functioning.

Blockchain technology is decentralized, highly transparent and tamper-proof. The system meets the needs of public welfare. Non-profit organizations can store all information about the process, such as fundraising, project progress, and recipient feedback on NewChain, for donor and public review.

Is Newton endless?

Cryptocurrency developers have decided to limit the total number of coins at 100 billion units. The circulating supply as of mid-December 2019 is 11 billion tokens. The remainder of the digital assets is intended to support the course. The structure of asset allocation in the system is as follows:

Founding team - 10% (10 billion NEW). During the first year, funds will be blocked. After every 30 days, 1/24 of the total amount will be “unlocked”.
Fund for metabolic processes - 15% (15 billion NEW). Resources are dedicated to the initial operation of the fund.
Additional fund for operation - 15% (15 billion NEW). 1/5 part becomes available immediately. The balance is unlocked by 1/36 every month.
Community development - 60% (60 billion). The assets will be used in the future to develop the system. Generating new coins will encourage the community to scale.
The listing of cryptocurrency on most exchanges had a positive effect on strengthening the rate. Systematic expansion of the list of business partners ensures a high level of resource reliability. Investors see the Newton project as an excellent investment to generate profits in the long term.

Strengths of Newton

The Newton Ecosystem Development Fund is formed by issuing a limited number of coins. The rules and features of this mechanism affect the overall popularization of the project. The strengths of the project are:

Advantageous positioning of the fund. NewFund is the FOF (Fund of Funds) blockchain under the Newton Foundation. Its activities are aimed at encouraging more people to participate in the development of Newtons business ecosystem. The developers made sure that all parties share the dividends of economic growth through innovative incentive mechanisms.
Reliable source of funding. NewFund funds come primarily from the Newton Foundation and private investors. The foundation is managed by a professional specialist. By becoming LP NewFund, investors can participate in the growth of Newtons economy and the blockchain industry.
Fund management. NewFund will be managed in the form of joint management and use, global collaboration and the creation of a dedicated token fund with the participation of leading experts and organizations in the industry.
Investment direction. NewFunds mission is to develop Newtons economy. It will leverage tools, technology, community and other resources to support the entire ecosystem of commercial infrastructure, shared services, application layers, and edge services. At the same time, he will also install accelerators to help ecosystem projects.


Newton in TOP currencies

As of mid-December 2019, the value of 100 NEW coins reaches $ 0.22. This indicator is related to the current market correction. In the ranking of the interactive platform CoinMarketCap, the cryptocurrency is ranked 119th. Experts agree that in a few years the digital asset will significantly increase in value. Therefore, today it makes sense to buy it in order to get a good profit in the future. The market capitalization of the project is $ 27 million. Average daily trading volume - $ 2.9 million.

Public welfare activities require audits to improve efficiency and maintain trust. With NewChain, NewID technology and agreements, every donation can be tracked. Community charities can analyze the status of a transaction with appropriate tools, increasing fairness and transparency.

Using NewIoT technology, rare wildlife data can be recorded on NewChain. This allows the location and physical characteristics of each individual animal to be captured, providing key information for research. First of all, this concerns migration processes, the fight against poaching and human trafficking.