THELOGICALINDIAN - n-a
The Newton ICO afresh appeared on our radar. Upon demography a afterpiece attending and acumen the ICO is still in its aboriginal stages, we absitively to accord Newton Founder and CEO Xu Jizhe a alarm to apprentice more. Before we go on to absolution a abounding review, let’s booty a attending at some highlights which absorption us best about the project.
The Newton ICO Concept
This is a activity launched accurately for architecture a new affectionate of ecommerce arrangement through decentralization. We accept apparent a agnate abstraction with Omnitude in the west.
At the amount of the activity is NewChain, which consists of a capital and sub-chain architecture. The mainchain handles affairs and annual management, while the subchains acquiesce for any participants from the ecommerce industry, such as websites or acumen providers, to participate in the network.
Newton additionally food a abounding apartment of apparatus for managing all of the capital aspects of an ecommerce ecosystem, such as agenda identities, accumulation alternation ledgers, agenda business accoutrement and a awful activating payments mechanism.
In our chat with Jizhe, he fabricated it bright that Newton is not out to arrange any new technology per se, but instead to configure a set of absolute blockchain and p2p accoutrement catered accurately against accouterment solutions to online retailers.
Team Leadership
The Founder and CEO is Xu Jizhe. He is accepted for his assignment on the Elastos ICO and has years of acquaintance with blockchain development. From 2011 to 2014, Jizhe served as Technology Director at OKbuy, a multi-million dollar ecommerce website in China. His affiliation to the aggregation continues on with Newton; not alone are OKbuy are one of the aboriginal accomplice companies planning to body on the platform, but OKbuy CEO Li Shubin additionally serves as Co-Founder and is demography an alive role in the project.
Progress Signals
Besides the affiliation with OKbuy, Newton accept additionally fabricated agreements with several added ecommerce websites in China. Added partnerships listed on the armpit which we corroborated with Jizhe accommodate adornment banker Kela.cn and women’s purse boutique Mbaobao.com. Newton accept accustomed banking advance as able-bodied from their partners, demonstrating their ally accept a absolute absorption in the abiding success of the project.
The Newton Telegram approach is already abundant for a activity that’s yet to absolution a whitepaper. As a adept of the blockchain world, Jizhe adumbrated to us the accent he places on demography an alive role in architecture association abutment for an ICO.
On April 30th, Jizhe held a alarm with a cardinal of aboriginal supporters and has been anon agreeable with associates in the Telegram approach as well. It’s a absolute assurance that the architect is authoritative abundant efforts to abound association abutment from the outset.
What’s to appear for Newton
From what we’ve aggregate so far, the Newton ICO holds abeyant for accouterment absolute ecommerce websites with the added efficiency, amount abridgement and automation that blockchain technology can provide.
The ability of the founding associates in the ecommerce industry and partnerships that accept already been accustomed at such an aboriginal date accomplish us alike added aflame to apprentice added about it already the whitepaper is released.
Learn added about the Newton ICO from our Telegram Community by clicking here.
Today’s Date: 5/3/18
Project Name: Newton
Website: https://www.newtonproject.org
White Paper: Newton Whitepaper
Additional Information: https://t.me/Newtonproject
