TI Rating Report - Newton
Summary of Key Points
1. Cryptocurrency market, as a new ﬁnancial ﬁeld, has shown great volatility in market value. After hitting the bottom in February 2019, the market bounds back and starts the upward trend again. Currently, the recognition of cryptocurrency assets as alternative asset allocation category has been increasing widely around the world.
2. In terms of law, although there are no clear supervision laws and regulations at present, all major economies in the world are actively constituting the relevant laws in terms of compliance, auditing and so forth, which is to accelerate the pace of blockchain supervision;
3. Newton Project is committed to build community economy infrastructure and upgrade the corporate economy to a new community economy where everyone contributes and everyone beneﬁts by making contributions. The realization of this idea is based on Newton’s full-stack architecture design. In details, the underlying public blockchain includes NewChain, decentralized storage NewNet, NewIOT (covering more than ten kinds of sensors) and other basic technologies. Above the underlying blockchain level, a Hyper Exchange Protocol (HEP) is built, including the digital identity and credit, supply chain, digital marketing, transaction and payment, trusted physical channel, automatic ﬁnance and NNIO, which supports the application development in the ﬁelds of e-commerce, logistics, traceability, etc;
4. As for the team, the founding team of the Company has rich experience in the ﬁelds of e-commerce and blockchain, which has played a supporting role in the implementation of Newton Project. In the information of project cornerstone investors shown on Newton’s ofﬁcial website, Wang Feng, the founder of Mars Finance, participated in the cornerstone investment, and somewell-known investment institutions include JLAB, Consensus Lab, Genesis Group, etc;