Scenario-based blockchain technology, NGK continues to empower the real economy

Ngk
3 min readNov 9, 2020

2020 NGK Worldwide Roadshow in New York was successfully ended. Many well-known leaders and blockchain experts gathered during this event. They conducted in-depth exchanges and discussions on the blockchain applications and services, blockchain expansion technology, blockchain security, and cryptographic algorithms.

NGK

Viko was the first speaker to give an opening speech. Many participants discussed the blockchain consensus mechanism, bottom technology and its future development in their speeches. Viko believed that the future consensus mechanism design will be scenario-based, domain-based, and dynamic customized to specific application requirements, and design a consensus mechanism with the goal of optimizing the corresponding balance factors, in order to meet the different needs of different “blockchain+” applications.

Blockchain, as an important cornerstone of the digital economy, is expected to become a core technology that promotes the global technological innovation and model innovation. The blockchain technology is divided into basic layer, service layer and application layer. From the perspective of the basic layer and service layer, the basic structure of blockchain technology, as well as its scientific and technological issues involved have outstanding professionalism, and the essence lies in the bottom technology.

NGK

In terms of NGK, the consensus mechanism in the bottom technology of blockchain is one of the cores. The current blockchain consensus mechanism is mainly divided into two categories, which are applicable to two different application scenarios of alliance chain and blockchain. As a solution to the consistency problem of distributed systems, these two types of consensus mechanisms have differences and connections, and they have rooms for technical integration and optimization.

When NGK’s user base continues to increase and the application requirements continue to increase, a professional distributed architecture will be adopted to achieve the system expansion. This effectively responds to the huge business volume to improve the availability of the entire system architecture. It can increase the distribution of the system, improve the security of the network, and effectively avoid the occurrence of viruses due to ultra-high frequency. NGK will design a unique distributed architecture according to the required business scenarios. The core technologies it masters include the system design, distributed operating system, and distributed data. Hence, NGK APP has expandable performance.

NGK

In addition, NGK uses high-performance network equipment, and the APP has undergone multiple professional inspections, which greatly avoids loopholes in the software system. In addition, NGK improves the IP strategy and traffic strategy to hide and confuse the server IP in a distributed manner. This makes the hacker attacks difficult and implements effective traffic restriction at the network connection point, which will not affect the normal user operation and at the same time, it can resist the DDOS attack.

NGK has long been committed to the practice of blockchain innovation and application. It uses technology to promote the digitization of the physical industry and the industrialization of digital technology to enable the comprehensive development of “blockchain+”.

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