NOWChain NOWPrice $ 0.00231

NOWChain is a blockchain ecosystem that integrates mobile devices into its network infrastructure through a consensus mechanism called Proof of Mobile (PoM). This approach leverages the computational power and widespread presence of mobile devices globally to enhance decentralization, security, and inclusivity in blockchain technology.

Key Features of NOWChain

• Proof of Mobile (PoM) Consensus: Unlike traditional consensus mechanisms, PoM uses mobile devices' inherent security and computational capabilities to validate transactions and maintain the blockchain, empowering mobile users worldwide.

• Mobile Device Integration: NOWChain combines blockchain technology with the security features of mobile devices, creating a decentralized network that benefits from the ubiquity and security of mobile hardware.

• Ethereum Virtual Machine (EVM) Compatibility: NOWChain supports smart contracts and decentralized applications (dApps) by incorporating the EVM, allowing interoperability with the Ethereum ecosystem and enabling developers to use familiar tools and frameworks.

• Elliptic Curve Cryptography (ECC): The blockchain employs ECC for efficient key generation and management, ensuring confidentiality, integrity, and authenticity within its decentralized network, which is especially suitable for resource-constrained mobile environments.