Set the exemplary "Belt and Road" initiative, by amalgamating brick & mortar business with blockchain technology
NVC，An Exemplary Amalgamation of Brick & Mortar Business and Blockchain Technology
Neweigh leads the industry of intelligent automatic weighing packaging palletizing production line. It is dedicated to expanding industry awareness and brand awareness worldwide. In the wave of “One Belt One Road”, it has embraced the trail blazer of the 4th industrial revolution----Blockchain, and constantly advancing the business transformation through blockchain.
NewVenture Chain constructs an underlying protocol with both main chain and side chains, aiming at promoting the Neweight-led industry and all the directly related enterprises. It attaches all the promotional materials and according letters patent related to Neweigh and other enterprises onto the main chin. The main chain consists of nodes which starts with the first node recording Neweigh’s patents. The subsequent blocks are built based the businesses/deals related to the very patent. Neweigh adopts blockchain and use DPoS（Delegated Proof of Stake）, PoS ( Proof of Stake) and PoW (Proof of?Work) consensus mechanism to establish a brand new distributive ecosystem of the industry.