Review on Newton by Toprak Dere

Name: Newton
Item: Newton
Rating: 3

March 25, 2021

About Newton Coin (NEW)

The Newton Project aims to create infrastructure for a community-based economy and design a brand new community-based economy that benefits everyone who contributes to the corporate economy by providing services related to governance, collaboration and incentives. The Newton team, which is distributed all over the world, consists of different countries, e-commerce entrepreneurs and other industry experts.

Newton, the core Blockchain technology, New Chain, is a platform with digital identity, supply chain, digital marketing, transactions and payments, reliable physical channels to support DApps with real commercial value. As the first example of this, the first service offered by the Newton platform is the New Mall.

New Mall, the first application running on Newton, serves as an online shopping platform that combines Blockchain technology with e-commerce.

Newton Coin has a complete technology architecture to support existing Dapps such as NewPay and NewMall. This technology infrastructure includes all the elements for developers to continuously improve Dapps in the Newton Ecosystem. New Mall, a successful Dapp development example of the Newton Project, appears as a system that combines blockchain and e-commerce. Thanks to Newtonian technology, it eliminates large commercial intermediaries and enables consumers and other participants to benefit from consumption and reconfigure shopping. 
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Pros

The Newton Project states that he created the world's first intelligent community system that encompasses both humans and machines. Compared to the traditional business model, this system has distinct advantages in terms of organizational structure, collaboration, incentive mechanisms, ownership of data, and transaction costs.
The Newton (NEW) project is a blockchain project targeting infrastructure for the community economy. In accordance with the slogan used by the project in many places, it is in the form of "Everyone should be able to benefit directly from the Economic Development" in accordance with this purpose.

Cons