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What is NIOP
First, NIOP is a commodity trading system based on block chain technology. It is neither a traditional blockchain public chain nor a token issued by the erc-20 standard. NIOP is committed to solving the problems of asymmetric information, lagging information transmission, complex asset right confirmation, data blocking of transaction participants, and upstream and downstream game and internal friction in the industry caused by political friction, industry barriers, trade secrets and other factors.
Bulk mineral trading has the characteristics of low frequency, high price, long period, slow transaction and high threshold. Despite the evolution of the traditional trade field for hundreds of years, the asymmetry of market information and the inefficiency of pricing and settlement have been a huge drawback of the commodity trade.
NIOP USES the block chain technology to reconstruct the business generation mode in this field by making use of its open, transparent and tamper-proof properties. NIOP divides transactions into "business flow", "code flow", "data flow", "value flow" and "credit flow", so as to make transactions evolve towards the direction of de-centralization and de-intermediation. All transactions on NIOP will generate codes and data according to the business, generate value flow according to the buying and selling requirements of both parties, and finally realize the asset right confirmation and credit chain according to the transaction history of each participating node.
The development of NIOP has received great support from policy makers, think tanks and research organizations, financial and legal institutions and leading enterprises in the industry. To reshape the grand goal of commodity trading with block chain technology, in addition to the progress in the technical field, it is bound to require the continuous upgrading and reconstruction of legislation, cross-border settlement system, pricing system, financial service means and other levels. In accordance with the Australian federal industry, science and technology department authorized CSIRO Data61 institute compilation Blockchain 2030: A look at the future (block chain 2030: looking to the future of planning, we firmly believe that under the block chain technology to promote the transformation and upgrade in the field of wave irreversible, and commodities, especially strategic resources and rare metals trade settlement system, will usher in A new future.
Token Status and Distribution
Contract address: https://etherscan.io/address/0xd8e6c106d76c0d85cda4a367d64b54e6d484f47a
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