Neblio is a technology platform that provides blockchain solutions for enterprises or institutions. Different from ordinary blockchain platforms, Neblio focuses on providing blockchain technical services to enterprises or institutions, enabling transactions and data to be tamper-proof, and achieving the benefits of transparency, security, reliability and decentralization. NEBL tokens are primarily used to maintain the security of the Neblio network. It adopts the consensus algorithm of pos, the more tokens the user has, the greater the voting power, so as to ensure the security of the network and avoid attacks. To incentivize users to hold tokens in this model, users will be rewarded for holding tokens and confirming new blocks. At the same time, users can also sell tokens through the exchange to obtain economic benefits, and can also obtain network voting rights by purchasing and holding tokens to maintain the safe operation of the network.

1. Project technology

Neblio is an open source, decentralized, secure blockchain platform built for a wide variety of enterprise-grade applications and services. Use cases include supply chain, records management, gaming, asset tracking, identity management, and more.
The Neblio blockchain supports the tokenization of physical and digital assets through the Neblio Token Protocol-1 (NTP1). Neblio's large block size and fast block times enable lightning-fast transactions, personalized token metadata, and high transaction throughput.

Second, NTP1 Token

The Neblio Token Protocol makes it easy to create unique tokens with metadata that can represent any physical or digital item or securely record and transfer data. Its characteristics are as follows:

1. Security
NTP1 tokens are issued on the Neblio blockchain and have immutable storage secured by Proof of Stake.

2. Metadata
Due to its unique metadata bearing characteristics, NTP1 tokens can be used for all operations from the tokenization of real assets to the secure transmission of data.

3. Mitigation
Create NTP1 tokens in just a few clicks without any development or technical experience.

3. Project application

1. Supply Chain Management
From large shipping containers to small individual items, the tokenization of transportation can improve the transparency and accountability of the supply chain. Leverage the metadata attributes of NTP1 tokens to securely and immutably record the flow of goods around the world, allowing food producers to trace food from farm to fork, and electronics manufacturers to ensure there are no conflicts in their supply chains mineral.

2. Secure Records and Records
From health records to data records to financial transactions, the Neblio blockchain provides a secure decentralized ledger for any form of record management. Thanks to NTP1 metadata adaptive compression and encryption support, large amounts of record data can be securely stored directly on the blockchain using a single NTP1 transaction with very low network fees. Any user or application can use the Neblio API Suite to retrieve unencrypted data, while encrypted data is securely stored on-chain and only readable by specific parties.

3. Mark Everything
NTP1 tokens can be used to represent any physical or digital item. From real estate deeds to corporate assets to event ticketing, NTP1 tokens can be used to accurately describe, classify, track and transfer physical items on the Neblio blockchain. Digital items, from points for rewards programs (retail, airlines, etc.) to in-game currency and items for use in video games, can be created and transferred directly on the blockchain as NTP1 tokens, enabling users to purchase, Sell ​​and trade tokenized digital items. in and out of their respective applications.

Fourth, NEBL Token

The Neblio network is actively run entirely by volunteer wallet users to stake NEBL to generate new blockchain blocks and verify all transactions that occur on the network. These users and the wallet software they run have full control over the governance of the Neblio blockchain. To encourage staking so that the network remains healthy, decentralized, and lightning fast, users are rewarded each time their wallet successfully stakes the next block in the chain with a staking reward. The amount of rewards for each bet depends on the coin age and the total number of NEBLs in the coin group bet on the next blockchain. Over the course of a year, users who purchase NEBL 24/7/365 should receive approximately 10% of their new NEBL wallet balance from staking rewards to help run the network. The functions of NEBL tokens are as follows:

1. Staking NEBL to secure the network
By simply keeping the core desktop wallet open and connected to the network, users can help ensure the operation and security of the decentralized global Neblio network. For this, users are rewarded for creating new blockchain blocks and validating each blockchain full of transactions and information. This encourages users to actively participate in governing, operating and securing the network through participation.

2. Energy Efficiency
Many other blockchain networks utilize a proof-of-work method to secure the network, known as "mining". It is estimated that Bitcoin mining alone consumes nearly $700 million in electricity per year. The proof-of-stake consensus model used by Neblio is so much more efficient that you don't even see your wallet app using your CPU when depositing coins or seeing it on your electricity bill. Staking can even run on a small Raspberry Pi.

Related links:
https://nebl.io/technology/nebl/