Tag: smart contract

NEO – The latest addition to crypto-world with immense prominence!

NEO - The latest addition to crypto-world with immense prominence

The cryptocurrency makers have been keen on online marketing world and they foresee the future with latest additions to crypto-world. That’s the reason for them to come up with new and efficient digital coins that are unique in nature. NEO is such a wonderful digital coin that is delivered with a view of making a good progress for every online user available in the network of the network. The latest addition to crypto-world does come with immense prominence and we shall take a look at it from this article.

NEO cryptocurrency is a new participant in the contest where Ethereum-like coins participate and the contest is too tight to manage. The contest here reckons the contenders who are to be concerned as the competitors who develop the similar sort of cryptocurrencies. There are tokens that help to make the investment scenario up to the best limits available with the NEO.

Token rating and market caps or values have been rising which helps to attract the investors. NEO is considered as the Chinese Ethereum (well they says so) and is a perfect competitor for Ethereum with certain features of what the opposition offers,

  • Smart contracts
  • Digital asset
  • Decentralized currency etc.

These are certainly the best picks that a new cryptocurrency can offer, in the early time NEO was known with a name – “Antshares”. It is well an open-source cryptocurrency and the first ever Blockchain platform in China. And the rebranding of Antshares did happen back in the mid-season of 2017 and the officials reckon it as “a distributed network for the smart economy”. And the smart contracts part isn’t that simple, it does involve with additional tasks that are different from other coins.

Well, there are two tokens available with the cryptocurrency and they are:

  • NEO
  • GAS

It’s actually these tokens that are considered as the investment token and is available for Blockchain addition. These token help miners to build a new block and get the deserved rewards. Both NEO and GAS are tokens available in the pack but with a little difference in token value corresponding to the factor values. These all cryptocurrencies are available with the top MLM Software package and this package lets the users do many tasks such as Investment, transaction, trading or even new custom Blockchain addition.
The available features of the package are enlisted in the MLM Software demo and it comes with an open-source script.

The new ways to explore…!

 

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Blockchain technology – The building block behind Digital contracts

Blockchain technology - The building block behind Digital contracts

It’s 2017 and the world infrastructure has abruptly changed to a skyscrapers dominance and the existence of old buildings did go down, more like demolishment. A similar situation is prevailing in the online world too, where do the online agreements are stored? Do you have any idea about those digital database storage spaces? Blockchain technology is that builds up such an extensive space or say a set of blocks to store all the transaction and contract like data without any file duplicity or threats.

Blockchains are a building like structure for database storage and you can possibly call as “distributive ledger”. It’s not a single database that stores in a particular location, distributor ledger offers information or the data storage in an array computers connected to that particular data network. And the data will be in the form of digital codes, even though the data is public the connected members to that particular network is given authority to make it inaccessible to stranger units. So that these data won’t be exposed to public hacking and it’s meddle-proof!

blockchain encrypted user process
The main focus of this Blockchain is on the financial sector and before it’s arrival the traditional process where too ambiguous in nature. The database storage or builder before was,

  • Centralized team to monitor & take actions
  • Charges are induced for each and every time
  • Time-consuming
  • Privacy issues (Personal data access permission)
  • Non-secure etc.

However, these issues are no more any issues and everything is secured and stored without any interruptions. Any entities or data will be recorded, and one can this as a virtual space made of blocks and these blocks are made by means of the mining process. For adding these blocks, good returns are provided in the form of digital coins. This technology increases the hope of internet as a safer zone to store and organize distributive ledgers and thus increased marketplace efficiency. The Proper establishment of data is the main offered by any blockchain developing team with perfect governance and no overflow of data occurs on this platform. These smart contracts are embedded in digital code and stored as a digital record with a digital signature.

When it comes MLM business or network marketing business the digital coins/cryptocurrencies that is produced through mining process while blocks are added up can be used for transactional process and makes an MLM Software more user-friendly.