NewzoneEX to Next: What to Expect?

Perhaps it would be every budding Start Up’s dream to team up with a solid pedigree. Well, NewzoneEX has been acquired by Next Technologies. NewzoneEX is a blockchain based commodity trading platform that will now led by Next Technologies. After the acquisition, the platform will be further enhanced to offer a more secure and robust experience mitigating a myriad of risks pervasive in commodities trading.
The enhanced features include:

  • Security from inception of a transaction to completion: The process of transferring money through exchange and initiating a commodities trade marks the beginning of a transaction. It is naturally envisioned, that millions of transactions will be performed on the exchange and security is paramount. NewzoneEX will incorporate extra security features to the platform.
  • Encryption of Identity: It is an impossibility to tamper records in blockchain. However, fraudulent activities are typically condusted at these early stages of a trasaction. Therefore, NewzoneEX will provide each accepted and authorised trade a unique key that protects the data from forgery and theft. 
  • Unalterable records: Accounts can be updated but records cannot be altered in blockchain, which is why this aspect of irreversibility in maintaining records is of pivotal importance. Blockchain acts as the incorruptible ledger and stands as the beacon of trust in trading commodities

Next Technologies employs these features to create a seamless, secure and transparent commodity exchange platform. The Blockchain technology used by NewzoneEX fulfills the all regulatory and reporting requirements that’s needed in the trading ecosystem. In addition, the smart contracts are the constitution and rule book ensuring that all protagonists comply with transecting in an ethical manner and in the event of disputes, data is easily accessible to to inculpate malfeasant conduct. We are presently crowdsourcing to raise funds to create this exchange platform, our Initial Coin Offering will begin in the first quarter of 2019. Be a part of the future with us! 


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