From virtual to reality, NGK blockchain enables entities in industry 4.0

NGK.IO
3 min readJul 3, 2020

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Industry 4.0 is the latest trend marked by extensive industrial automation, the rise of high-bandwidth action networks, and the development of the internet of things (IoT), while blockchain will present various potential applications in industry 4.0.

The development mode and institutional mechanism of the special link value of blockchain can accelerate the change and replacement of economy and society, so as to achieve sustainable and healthy development. In the meantime, the blockchain reconstructs the bottom layer of the whole Internet, builds trust with algorithms and programs, lets the value flow freely on the Internet, establishes the books of all things interconnected, and realizes the value sharing among nodes, which is a great opportunity for industry upgrading.

empowerment entity

During this immense opportunity, NGK blockchain understands how to helps more enterprises to solve development problems, which is the key to achieve the transformation of old and new kinetic energy, the NGK blockchain is expected to bring the following benefits:

First, NGK will create a world-class, non-convertible, global-free trading through the application of blockchain technology, covering production enterprises, international trade, Internet of things, medical field, financing investment, stock exchanges and other areas of digital payment system, to achieve more efficient and convenient cross-business, cross-border payment mechanism, significantly reduce payment costs, significantly improve transaction efficiency, and then become the digital money era of payment infrastructure, and even completely change the face of the world’s payment system today. As the application of NGK practical scenarios increases, the value of NGK token will be further revealed.

Second, NGK will connect global consumers and online and offline businesses, restore the value of user behavior to build a platform for the future tens of millions of market scale. NGK is about to apply the payment tool of issuing computational stable coin USDN to each payment scenario of blockchain, so that provide it to merchants and enterprises, and quickly popularize it to individual users, finally build an open payment system based on blockchain finance, solve the problem of low global payment efficiency, and create a new era of blockchain payment 3.0!

, NGK blockchain

Third, NGK financial derivatives exchanges could circulate NGK/USDN tokens, through the original exchange network, and docking exchanges API, it provides users with simple, convenient and safe exchange and trading services. NGK/USDN achieves risk-free derivatives exchange services via smart contracts and cross-chain and cross-smart contract technologies.

NGK blockchain

Change the Traditional Relations of Production

To Establish a Community of Ecological Interests

It is predicted that with the support and promotion of the NGK blockchain, the integration and development of industry has become a consensus, and will realize ecological co-prosperity in an orderly manner, that is, information Internet, value Internet and order Internet, Information Internet offers a glimpse of the value of the Internet for people to communicate and reduce information asymmetries; value Internet offers a glimpse of the potential of NGK blockchains for material and service value-added, data asset value-added and social value system reconstruction; and order Internet presents the prospect of innovative social organization, governance systems and operating rules through technological means such as blockchain.

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NGK.IO
NGK.IO

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