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Newton Project is a blockchain-based protocol economy aiming for decentralized commerce with its own scalable NewChain, network-enhancing NewNet, digital wallet NewPay, and NewID for user security.
The Newton Project aims to establish a decentralized commerce ecosystem using blockchain technology. Key components include NewChain, a scalable blockchain for commercial applications, and NewNet, enhancing DApp infrastructure. Newton also offers NewPay for asset management and transactions, and NewID for secure digital identity. By utilizing smart contracts and advanced technologies like IoT and AI, Newton focuses on reducing commerce costs, promoting a community economy, and improving transaction efficiency globally while ensuring data sovereignty. Launched in 2017 on the BNB Beacon Chain, it emphasizes fair economic growth via NEW tokens. Notable projects like NewMall demonstrate the potential to lower retail fees and redistribute profits to users and retailers. Newton’s total supply is 98.8 billion NEW, actively traded and recently priced at $0.00004227 with steady market activity. More information can be found at [Newton Project](https://www.newtonproject.org/).
The Newton Project aims to establish a decentralized commerce ecosystem using blockchain technology. Key components include NewChain, a scalable blockchain for commercial applications, and NewNet, enhancing DApp infrastructure. Newton also offers NewPay for asset management and transactions, and NewID for secure digital identity. By utilizing smart contracts and advanced technologies like IoT and AI, Newton focuses on reducing commerce costs, promoting a community economy, and improving transaction efficiency globally while ensuring data sovereignty. Launched in 2017 on the BNB Beacon Chain, it emphasizes fair economic growth via NEW tokens. Notable projects like NewMall demonstrate the potential to lower retail fees and redistribute profits to users and retailers. Newton’s total supply is 98.8 billion NEW, actively traded and recently priced at $0.00004227 with steady market activity. More information can be found at [Newton Project](https://www.newtonproject.org/).
The Newton Project aims to establish a decentralized commerce ecosystem by leveraging blockchain technology. By using components like NewChain and NewNet, it enables organizations and individuals to own and govern their data. This fosters a unique ecommerce environment reducing the cost of commerce and ensuring user data sovereignty.
NewChain is designed for high scalability, making it highly suitable for commercial applications. It offers a primary chain with multiple subchains to ensure high transactional throughput. This structure supports the automation of transactions and facilitates decentralized applications (DApps), making commerce more efficient and less costly.
Newton offers several advantages for ecommerce, including cost reduction, enhanced data sovereignty, and decentralization through NewPay and NewID. Users benefit from lower transaction fees, as seen with NewMall, which charges fees under 10% and allows control over user data, redistributing profits to users via NEW tokens.
Unlike traditional ecommerce platforms, the Newton Project eliminates intermediaries and offers lower fees, under 10%, with user data ownership. Profits are redistributed as NEW tokens, benefiting both consumers and retailers. This contrasts with traditional platforms that often exploit user data and charge hefty fees exceeding 20%.
NEW tokens are integral to Newton's economic model. They are used for shopping, viewing advertisements, and promoting the platform. By mining these tokens, users receive equitable benefits based on their contributions to the ecosystem, fostering a fairer distribution of economic growth.
For any issues using Newton's services, such as NewPay or NewMall, users are encouraged to reach out through the support options provided on the Newton Project's official website. Additionally, participating in their active community can also provide insights and solutions to common concerns.
