Review on Newton by Pedro O. Alvino M.
Community Finance Project
Used for community finance, it comprises a variety of characteristics, including its own chain, which is designed under a main chain and sub-chains scheme.
With high performance and scalability in its network, it can support around more than 5,000 transactions per second, in which it also has tools for developers to use their own applications within the Newton ecosystem and thanks to the scalability of its network , this will not present delays in said development.
It has a data storage service that can be accessed through a digital identity, it also has digital marketing services, integrates artificial intelligence technology, communication link ports with IoT devices and a node service that is run on an open network.
Pros
- Composed of a three-layer technological framework.
- Understood in community governance
- The user can manage their digital assets through a digital identity
- Consists of a main chain and many substrings
- Provides secure and reliable storage services, plus supports databases and multiple common programming languages
- It allows to establish marketing plans through smart contracts
- Understands the technology of communication protocols between IoT devices and gateways.
Cons
- The capabilities of the platform can be overwhelming or confusing for the consumer.
- Currently presents red indices in terms of price and market capitalization since its entry to the market
