The commercialization of blockchain is advancing rapidly, see how NGK Global empowers the small and medium-sized enterprises
NGK Global (official website ngk.io) is a commercial blockchain based on graphene underlying architecture initiated by the global investment agency, USA International Covenant INC in commitment of using the power of blockchain to reconstruct the traditional business, empower the physical industry, and create a decentralized digital economy kingdom.
To be specific, NGK Global empowers the small and medium-sized enterprises through blockchain-based technology and the provision of enterprise-class sidechain (development environment) to ensure the small and medium-sized enterprises able to online successfully and traceability of real economic data. The so-called chain reform is to use the blockchain to carry out the economic transformation of the traditional joint-stock enterprises, thereby changing the production relationship, reducing the production cost, and increasing the productivity.
The NGK Global is committed to achieve the value sharing between nodes through this initiative, making technology truly empowering the real economy, optimizing the enterprise incentives, solving the corporate financing problems, activating the enterprise supply chain management, stimulating the intelligent manufacturing, and improving the corporate financial management.
At present, the distribution of benefits in enterprise management is determined by the management and shareholders, and the benefits obtained by users, employees or partners are often not directly related to the value of their inputs. This leads to the unsustainability of some users, and affects the employees work etiquettes. Hence, the driven interests of partners occurred.
NGK Global optimizes the corporate incentives by issuing token through blockchain technology, redistribute the interests of shareholders, employees and users in the business system, and ultimately achieve the redistribution of benefits in an objective, fair and open manner, with the participants in every links having the right to share lasting benefits.
The NGK Global can also help financing your business. Block-based cycles of enterprise data are recorded in chronological order, from data generation, storage to data extraction and application, and the relevant data information is non-tamperable once generated.
The data of NGK Global blockchain is generated by different nodes with bill sharing distributions and point-to-point transmission to help the financial institutions in expanding the scope of corporate credit.
The NGK Global’s blockchain technology enables open sharing of information data, facilitates the risk analysis and credit approval of financial institutions. It eliminates the needs to manually collect the corporate historical data and verify the authenticity of information. This effectively reduces the costs of labor and time in financial institutions and improves the efficiency of loan approval.
In addition, since the entire blockchain market is a completely a closed-loop system, the chain and its outsider of the chain are fully isolated from the two worlds. Although Ethereum uses smart contract technology to provide a certain possibility for off-chain data to affect the on-chain data, it is still very primitive.
To support the minimum two-way interaction between chains and transaction-level interoperability, the future blockchains must have sufficient TPS capabilities, applicable cross-chain interaction protocols, and a richer and complete DaPP environmental development.
The NGK Global offers a unique inter-chain communication solution that limits the inter-chain trading time within 3 minutes with the addition of high-speed adaptive about 5,000 plus TPS. At the same time, the NGK Global supports C++ and JS dual contract engines to provide the Dapp with an excellent development environment.
Defi is getting famous vigorously, including the rise of the decentralized oracle. This makes the commercialization of blockchain even more practical. But that’s not enough as more than 90 percent of the world’s small and medium-sized businesses need empowerment and the dividends of blockchain. The NGK Global is committed to achieve that.