1. Abstract

NAXION

Infrastructure and Service As a Public Blockchain Network

Blockchain is a data recordkeeping system that connects each transaction as a block like a chain.

Since it is not a specific central server managing the data but the blocks are independently distributed and stored, making it practically unhackable and blocks with modified record data are not connected with other blocks so blocks cannot be manipulated.

Due to the principle of the system structure that copies of ledgers are distributed to each network participant and new transactions must be validated under the consensus of unit nodes, the efficiency and transparency are high.

NAXION is a blockchain mainnet that is suitable for the general use of a series of software and surrounding resources ecosystems that are based on distributed or open data hubs.

Research and developments are being continued for the expansion and functional improvement of functional and policy specifications so it can be used for more businesses and for convenient use of more users.