About Newton (NEW)
Newton (NEW) technology framework consists of three layers: the basic technology layer, the hyper exchange protocol layer, and the application layer. The basic technology layer 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, trusted physical channels, supply chain and NNIO, etc.
The application layer includes wallets, retail, logistics, finance and insurance. They are developing a series of basic technologies to support the hyper exchange protocol, which is the basic commercial protocol cluster supporting upper-layer application operations.
Newton (NEW) Storage Key Points
|Circulating Supply||20.57B NEW|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Chat||Click Here To Visit|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Hyper Exchange Protocol
Digital Identity and Credit
Users use their digital identity to manage and control access to their digital assets, including cryptocurrencies, personal data, personal credit and any binary content they have the right to use
By using such techniques as “Atom Hashing” we can create a unique digital identity for commodities over the whole network. Through this digital identity a user can check the relevant information on any commodity at any time.
Once information on each operation of a product enters the Newton Supply Chain, that information will be stored on the Newton blockchain. This ensures no tampering with the data once it is stored on the Newton blockchain.
Through smart contract Newton can pre-set commercial exchanging rules to realize automatic insurance claims and property rights transfer. This will reduce the transaction costs and promote cooperation efficiency.
Advertisers can set marketing plans through various built-in marketing smart contract templates in the system. This includes incentive modes, settlement modes, and dynamic price adjusting rules.
Advertisers can audit ongoing and completed marketing contracts. By calling out the NewAI system, an advertiser can conduct market research before marketing activities, and analyze the results after the marketing activities.
Trading And Payment
The Newton trading and payment platform will enable a user to define transactions using the built-in smart contract templates and rule engine. This enables the user to include: multi-party transactions based on complex business rules, settlement rules, smart insurance contracts, smart financial contracts, and external chain service. Newton supports cross-border transactions, micropayments, lightning settlements and more, providing comprehensive online and offline payment tools.
Reliable Physical Tunnel
Based on NewChain and NewIoT technologies Newton is capable of designing a reliable physical tunnel protocol and define manufacturing specifications of related equipment. Any third party can manufacture safety equipment according to the protocol specification.
Developers can define smart financial contracts based on the built-in smart contract templates on; insurance, lending and investment, including digital identity and credit, KYC information, staking the Newton token, contract rules and external chain service. The system will automatically match smart financial contracts and automatically complete transaction matching.
Developers can access NewNET through the NNIO (NewNET IO) protocol, using storage services, computing services and domain names. Through smart storage contracts, smart computing contracts, smart domain name contracts, developers can quickly and innovatively develop applications.
NewChain will have a main chain and sub-chains structure. The main chain will support account management, Newton token management, sub-chain management, network governance and more. The sub-chain will support specific service systems such as the hyper-exchange protocol, multiple consensus mechanisms and data structures, ensuring the assets transactions between the main chain and sub-chains, and between sub-chains. The NewChain provides a third-party developer the option and opportunity to create a new sub-chain after staking a certain amount of Newton tokens and passing the verification.
NewVM is compatible with the WebAssembly standard, supporting various general programming languages such as C/C++, Java, Python, TypeScript, and more. The system provides built-in smart contract templates for the hyper exchange protocol. The system built-in smart contract templates provide an effortless development and deployment of any application on the Newton NewChain.
NewChain uses Ring-LWE anti-quantum encryption algorithm to ensure maximum security of all assets within the Newton ecosystem.