NGK Global holds a global kick-off conference to create 10 of billions market layout
NGK Global held a global conference. Representatives from USA International Covenant Inc and Spirit Stone included various industries attended and delivered speeches. Many of the guests reached a high level of consensus to further cooperates in the future.
The USA International Covenant Inc stated that in the blockchain industry, empowering entities and industrial implementation are common topics. Many blockchain projects are trying to integrate with the physical industry in different ways to promote blockchain technology to truly enter the business world and people’s lives. According to our analysis of all current blockchain projects, traceability of deposit certificates, financial services, and data storage are the most widely used fields, while a large number of blockchain projects that are known to be docked with physical industries are actually difficult to land. Blockchain technology is essentially the superstructure of Internet technology and cannot exist without the Internet; if the blockchain does not have a key point that perfectly integrates with the physical industry, it would be empty talk.
NGK Global is completely based on the global physical industry, and uses the integration of the physical industry and token mining as the integration point of blockchain technology to empower entities. With the broad prospects of the transformation and development of the physical industry, NGK Global would become an aid to the implementation of the physical industry in the future.
In order to better integrate global physical industry resources and form a joint effort to build a global physical industry ecosystem, USA International Covenant Inc has invested in building a global first public chain focused on serving physical industries. The invested companies will jointly maintain NGK Global and build Ecology on the chain.
NGK Global connects all physical industries on the chain, uses blockchain technology to realize the industry-wide traceability of raw materials and products by locating important corporate deposit data on the chain, and realizes value exchange and supply chain finance in the industry through NGK tokens Function. At the same time, it could also realize diversified applications such as the digital ecological park of the physical industry, industrial incubation, and smart logistics, in order to help the formation of industrial ecological application with NGK Global as the core, comprehensively reforming the current global backward physical industry, and make blockchain technology new blood to promote the traditional physical industry to the pace of internationalization.
Blockchain technology to empower the physical industry requires an effective integration point to achieve application landing, but many projects do not have a good integration point, which makes blockchain applications unable to land. NGK Global has found ‘block producer’ as a good way to link the physical industry.
The biggest advantage of the “dual-token system + computing power to produce currency” mechanism is, it is able to achieve the perfect combination of community drive and investment to form a closed loop of development of the entire ecology. For physical enterprises, the more products they sell, the more revenue, and the more the computing power of the entire network increases, the greater the ecological value. Every consumption will contribute to computing power. The computing power produced by NGK becomes the income of community members. Community members become investors in the entire industry while consuming. Community members could also reinvest these NGKs to further support the industry, or mortgage loans to provide liquidity for the entire ecosystem. This economic model will continue to promote the positive feedback of the entire NGK Global ecosystem, closely integrate blockchain technology with the industry, encourage the further increase of ecological value, and promote the transformation and expansion of the physical industry.