What is Newton's Super Exchange Protocol?
The core of the Newton project is to create an infrastructure called the 'Super Exchange Protocol', aiming to become the foundation of protocol economy. You can think of it as a powerful 'digital business operating system'.
What problems does it aim to solve?
It wants to implement many economic activities from the real world, such as proving your identity, tracking a product from production to sales, completing transactions, and making payments, all using a unified, decentralized set of rules in the digital world. In simple terms, it is about moving identity, supply chain, transactions, and payments onto the blockchain, allowing them to connect with each other and operate smoothly on a large platform.
What technology supports it?
This idea is vast and requires a combination of various technologies to be realized:
Blockchain: Provides a ledger record and trust foundation, with transparent and tamper-resistant information.
Decentralized network: It's neither fully centralized like the traditional internet nor completely decentralized like some public chains, but rather a network that seeks a balance between efficiency and controllability.
Atomic hash: A technology that gives data a unique 'digital fingerprint', ensuring information security and immutability, which is especially critical in scenarios like supply chains that require authenticity tracking. This could be an important technological feature of Newton.
What can it ultimately be used for?
Once the 'Super Exchange Protocol' is established, it will provide a set of universal, powerful underlying tools. Developers can build various truly usable decentralized applications on this basis, like online payment tools, decentralized online marketplaces, new types of insurance products, and more. The goal is to cover various scenarios of everyday business activities.
In a nutshell: Newton aims to build a super protocol platform that supports the operation of various digital business activities on technologies like blockchain.
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