Newton is dedicated to building the infrastructure for community economies by providing services such as governance, collaboration, and incentives to upgrade corporate economies into a new model where "everyone contributes and everyone benefits." The Newton team is spread across the globe, comprising technical experts, e-commerce entrepreneurs, and industry elites from different countries, with rich experience in technology, e-commerce, and operations. Newton boasts a full-stack technological architecture that includes the base public chain NewChain (launched on December 18, 2018, with a "mainchain + sidechain" design and a POA consensus mechanism, achieving a stable TPS of over 5,000, strong scalability, and support for various commercial scenarios), the distributed storage solution NewNet, and the blockchain of things NewIOT (covering more than ten types of sensors) among other foundational technologies. Built atop these foundational technologies is the Hyper Exchange Protocol (HEP), which includes digital identity and credit, supply chain, digital marketing, trading and payments, trusted physical channels, self-finance, and NNIO, to support DApps with practical commercial value, such as NewMall.
1. Project Technology
NewChain employs a mainchain and sidechain design, where the mainchain handles account management, Newton token management, sidechain management, and network governance. Sidechains support specific business systems like the Hyper Exchange Protocol. They support multiple consensus mechanisms and data structures, allowing for asset exchanges between the mainchain and sidechains and among sidechains. Third-party developers can create new sidechains after locking a certain amount of Newton tokens (NTN) and passing a review process; these sidechains can issue new tokens.
The NewVM is compatible with the WebAssembly standard, supporting popular programming languages like C/C++, Java, Python, and TypeScript for smart contract development. The system provides some built-in smart contract templates for the Hyper Exchange Protocol to simplify application development.
NewChain uses Ring-LWE post-quantum cryptography to ensure the security of digital assets on the chain.
1. NewNET
NewNET - decentralization of cloud computing infrastructure
NewNET is an open network comprised of numerous nodes that provide secure and reliable storage services, supporting full SQL databases and multiple mainstream programming languages. Most network services can be directly hosted on NewNET. Developers can publish computational tasks, and nodes can choose corresponding tasks based on their computational capabilities, completing the computations and receiving corresponding rewards. Blockchain technology is used to achieve decentralized domain name services, enhancing the usability of NewNET.
2. Atomic Hash
Atomic hash universal real object validation algorithm
Atomic hash uses techniques such as radiometric dating, PCA, machine vision, and deep learning to first extract various features of non-digital assets, including weight, volume, size, shape, texture, optical properties, radioactive characteristics, thermal properties, and multiple custom random features. Based on these feature data, an algorithm calculates a digital assets identifier and ownership results, which are directly related to the asset itself. This process has good fault tolerance, is repeatable, and verifiable.
3. NewIoT
GIOT - Universal IoT device access framework
NewIoT is a suite of technologies that includes the blockchain fog computing gateway, communication protocols between IoT devices and gateways, and NewChain IoT device development standards. Gateways have powerful computing and storage capabilities, built-in blockchain nodes, and support various internet access methods, including Ethernet/fiber, 3G/4G/5G, and NB-IoT, as well as BLE, Wi-Fi, ZigBee, and other IoT communication protocols. IoT devices store collected information on NewChain through these gateways.
4. NewAI
NewAI - distributed artificial intelligence framework
NewAI (Distributed Artificial Intelligence) will advance AI by pushing developments in data, algorithm models, and execution engines, seamlessly connecting data providers, algorithm model developers, and runtime environment providers.
NewAI provides specifications for accessing user-authorized data and data provider data, including multidimensional data formats, data sharding, data compression, and data encryption, while ensuring the security of user privacy data through k-anonymity and differential privacy. Docker containers run AI computation software like Tensorflow and caffe, and a multi-factor weighted revenue distribution method encourages compute providers to offer long-term services.
2. Technological Applications
1. Digital Identity and Credit
With digital identities, users can conveniently manage their digital assets, such as cryptocurrencies, private data, and personal credit, as well as control access to these assets. Users can set privacy modes tailored to different types of digital assets and directly price digital assets under a paid model.
2. Supply Chain
Using atomic hash and other technologies, products are given unique digital identities across the web. For each operation in the supply chain, the basic information is stored on the blockchain to ensure it cannot be tampered with. Smart contracts can automate insurance claims and property rights transfers according to pre-defined business rules, reducing transaction friction and fostering cooperation.
3. Digital Marketing
Advertisers set up marketing campaigns using various built-in marketing smart contract templates, defining incentive models, settlement models, and dynamic pricing adjustment rules. Advertisers can audit ongoing and completed marketing contracts. By invoking the NewAI system, they can conduct market research before marketing activities and analyze the effectiveness of campaigns afterward.
4. Trading and Payments
Trading, including complex business rule-based multi-party transactions, settlement rules, associated smart insurance contracts, associated smart financial contracts, and associated off-chain services, can be defined using built-in smart contract templates and a rule engine. Support for cross-border transactions, micropayments, and lightning settlements is provided, alongside comprehensive online and offline payment tools.
5. Trusted Physical Channels
Based on NewChain, NewIoT, and other technologies, we designed a trusted physical channel protocol and defined relevant equipment manufacturing standards, enabling any third party to manufacture secure devices according to these specifications.
6. Self-Finance
Smart finance contracts, including digital identity and credit, KYC information, locked Newton token addresses, contract rules, and associated off-chain services, are defined using built-in insurance, lending, investment, and other smart contract templates. The system automatically matches smart finance contracts to complete transaction matching.
7. NNIO
Developers can access NewNET using the NNIO (NewNET IO) protocol to use storage, computing, and domain name services. Through smart storage, smart computing, and smart domain name contracts, developers can rapidly and cost-effectively develop innovative applications.
Related Links:
https://www.newtonproject.org/technology/basic-tech/