NGK introduces a new era of blockchain ecology

NGK.IO
3 min readNov 12, 2020

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The key of the blockchain technology is to ensure that the transactions between the main chain ecological is safe and credible.

Since the construction of NGK blockchain ecology, it has proposed the blockchain 3.0 era with extensive blockchain ecology, and next, NGK will focus on providing better supports for the blockchain ecology and expand its basic service capabilities.

NGK blockchain

The construction and operation of the NGK blockchain system include social participation and social governance. It implements the new model of “NGK blockchain ecological system 2.0” integrated with the three chains (i.e. application chain, management chain, and ecological chain). Currently, it attracts the access from three types of application units, including the technical service, application service, intellectual property rights, financial transaction, etc. It has created a value blockchain ecosystem with high social influence, high industrial participation, high safety and credibility.

NGK blockchain, as the foundation of commercial blockchain applications, is designed to build global commercial infrastructure under blockchain technology and provide digital solutions for the assets in the traditional commercial industries. In addition, the new business value is reshaped through the NGK economic model of smart contract and decentralized structure. Its great economic and social value been brought into play and lowered the financial and technological barriers of blockchain by individuals and businesses.

NGK blockchain

NGK will first target sectors such as utilities, petrol stations, commercial transactions, finance and auto manufacturing. It has currently attracted the access of tens of thousands of application units from the three categories, including technical services, application services, intellectual property rights, financial transactions, etc. Besides, more commercial services or physical products are continuously accessing the NGK ecology. It will gradually create an autonomous self-driven distributed business network.

Open interface: Industry rapid application pre-installed interface

Based on the NGK blockchain configuration technology, the development team can quickly develop the corresponding DAPP, support the issuance of smart assets and cross-linked trading of digital assets. Besides, a complete industry SDK packages are preformed, and customized applications can be developed with the smart contracts according to different business needs. At the same time, the business chains can be rapidly deployed, while smart contracts that fit the required application scenarios will be written and develop the DApps at low cost.

NGK blockchain

Multi-Chain

NGK main chain + side chain technology meets the requirements of pluggable, transportable, customizable, and interoperable in basic protocols and standards, functional frameworks, and upper-level applications. The parallel technology of the main chain and the side chain allows better interaction among other systems. The rich structure of the main chain can also guarantee the safety of the main chain and the side chain respectively.

High compatibility

The writing specification of NGK smart contract is compatible with the existing blockchain in the market, combined with the multi-contract virtual machine mechanism, it makes the smart contract between different chains and different applications to be cross-linked compatible. This effectively lower the entry threshold for developers.

Blockchain technology is penetrating all walks of life, and integrating into all areas, financial, healthcare, cultural industries, etc. Thus, it has promoted the development of all walks of life. The blockchain industry is expected to make hundreds of billions of dollars in revenue soon. In the future, NGK is expected to bring more surprising innovations to the blockchain industry.

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NGK.IO
NGK.IO

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