NGK helps build a new retail public chain that could be truly applied
Blockchain has never stopped from exploration in the financial field and other relevant industry. The advantages of blockchain industry applications are to improve collaboration efficiency, reduce operating costs and optimize business processes.
Financial services, supply chain management, social welfare, medical charity, and the Internet of Things are constantly demonstrating the advantages of blockchain applications. Taking the new retail industry as an example, the application of blockchain capabilities is more practical to improve the current economic environment of the new retail downturn.
The NGK public chain connects global retailers, brands, advertisers, consumers and other people through blockchain smart contract technology to build a credible retail economic ecology, allowing people to share an open, mutual trust, and quality inclusive economic life in the new era.
On the NGK public chain, all new retail related information will be transparent, and various roles can be confirmed to form a trust environment. According to the needs of different roles, we are able to create our own applications according to relevant rules, and all participants in the construction will become ecological contributors.
一、NGK empowers small-medium enterprises (SME) with technology
In the traditional retail industry, small and medium-sized enterprises lack technical talents and have limited technical capabilities. Due to cost reasons, SMEs are highly dispersed and there is no concept of ecological governance.
The NGK public chain establishes an open technological ecology through the form of blockchain so that small and medium-sized enterprises no longer need to worry about technological capabilities. Small and medium-sized enterprises could quickly realize smart retail through NGK, reduce operating costs, and achieve rapid business development.
Ecological participants can enjoy a variety of DAPPs built by NGK, such as retail store apps. NGK’s open ecological model improves the competitiveness of small and medium-sized enterprises, while also reducing their burden.
二、NGK builds a new retail trust ecosystem
There are many intermediate links in the up & down streaming of the traditional retail industry, which often incur many costs and are not efficient. At the same time, the links between various links are very fragile and without trusting each other, which would bring negative impact on the ecology.
NGK uses DPOSS consensus technology to store and share data so that data could be fast obtainable, at the same time, based on elliptic cryptography network identity authentication technology, it provides proof of user’s identity on the chain and confirms the rights for each participant.
In addition, due to the non-tamper-able nature of the behaviors that occur on NGK, NGK unites small and medium-sized enterprises to build a trusted ecosystem for the sharing of various resources such as procurement, sales, services, and markets.
三、NGK blockchain enriches the new retail scene
In the traditional retail industry, due to technical limitations, there are relatively few scenarios among various links, and there is no way to form a complete ecology. Therefore, the data generated in each link has not been properly utilized. NGK has novelty solutions in terms of solving the party’s relationship between users and users, users and businesses, the management of the cargo chain, and the integration of large business scenarios.
It is difficult for traditional small and medium enterprises to complete new retail models such as income right crowdfunding, service right crowdfunding, and attention contribution. NGK has enriched the new retail scene and added many new models. The distance between consumers, retailers, brands, service providers, advertisers, investors and other roles is also closer due to technology.
With the help of blockchain, the retail industry will release greater potential, and the vertical public chain of NGK retail industry will boost the potential of the new retail industry to burst out faster.
