Market Rank | ? |
---|---|
Market Cap | ? |
Volume 24h | $ 0.2M |
Circ. Supply | ? |
Total Supply | 100.0B |
Max Supply | ? |
Genesis Date | 18/12/2018 |
The current price for Newton Project (NEW) is $ 0.00004326.
Newton Project (NEW) is a unique blockchain initiative that aims to transform the current economy into a 'community economy.' Based on the concept of creating transactions that are not only free but also fair, the Newton Project looks to leverage the power of blockchain technology to enable anyone, anywhere in the world to engage in such transactions.
Newton Project's technological infrastructure comprises the NewChain blockchain, which includes one primary chain along with multiple subchains. This setup is designed to handle a high volume of transactions per second (TPS). On top of the blockchain structure, Newton Project offers resources for a wide range of applications, including but not limited to smart contracts, Internet of Things, Artificial Intelligence, logistics, and insurance.
The Newton Project also provides a suite of apps targeting various sectors such as payment, retail, and agriculture. The ultimate goal is to create an inclusive, transparent economic model that engenders mutual benefit and promotes innovation.
The exact information about the team behind the Newton Project is not provided. However, judging by the level of technological sophistication and broad range of applications they deploy, it’s clear that the initiative is driven by a group of experts well-versed in blockchain technology, business strategy, and software development.
The Newton Project utilizes its own NewChain blockchain, which operates with a primary chain and several subchains. This architecture enables a high transaction per second rate, facilitating smoother, faster transactions – an important feature for the widespread applications they target.
The multi-layered blockchain also lays the groundwork for various applications. ‘Smart contracts’ automate transactions based on predetermined conditions, decreasing the need for third-party intervention. Other applications cater to Internet of Things (IoT) devices, AI technology, insurance, logistics, and more. These applications are reflected in their diverse suite of apps for different industries.
The key distinguishing feature of the Newton Project is its goal to build a 'community economy.' Unlike many other projects that usually aim to serve a niche industry or a specific use-case, Newton aims to cover the entire gamut of sectors. Its suite of apps includes applications for retail, payments, insurance, agriculture, and beyond, making it one of the most comprehensive initiatives in the blockchain space.
Moreover, its unique blockchain infrastructure, the NewChain, with one primary chain and multiple subchains ensures high-speed transactions, facilitating broader use cases.
As of now, the circulating supply of Newton Project (NEW) is out of a total supply of 100.0B.
The Newton Project (NEW) currently stands as the #1th cryptocurrency by market cap ranking.
Over the last 24 hours, the price of Newton (NEW) has decreased by -14.59%. The trading volume in the same period was 0.2M.
Newton (NEW) can be purchased on the following cryptocurrency exchanges: Huobi.pro, Hotbit. Please make sure to do your own due diligence before making any purchase.
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