Newton (NEW)

Newton Project aims to build infrastructure for the community-based economy. Through providing governance, collaboration, and incentives services, Newton upgrades the corporate economy to a brand new community-based economy that benefits everyone who contributes. The Newton team is distributed all over the world and is made up of technical experts from different countries, e-commerce entrepreneurs, and other industry elites.

Newton has a full-stack technology architecture, including the underlying public chain New Chain (mainnet launched on December 18, 2018, with a Main chain + sub-chain structure and POA consensus mechanism, TPS over 5000, and is scalable enough for various business applications), distributed storage service New Net and New IoT (covering more than a dozen sensors). Above the basic technology layer, Newton has a Hyper Exchange Protocol, which includes digital identity and credit, supply chain, digital marketing, transactions and payments, trusted physical channels, self-finance, and NNIO, etc., to support DApps with real business value, such as New Mall.

The first application running on Newton is New Mall, an online chain retailer combining blockchain technology with e-commerce; through Newton, huge commercial intermediaries will be eliminated, and consumers and other contributors will benefit. In addition to the retail industry, Newton is also committed to fostering real applications in agriculture, supply chain, self-finance, payment, public welfare, games, and other fields.

Besides, Newton currently has a diverse global community in 89 countries. Newton has established 32 overseas telegraph groups covering more than 170,000 people. Community is the foundation for the Newton community-based economy.