In the past few years, we have been engaged in the development of blockchains and have completed quite a few blockchain systems. However as I mentioned earlier, we have been doing decentralized peer to peer network research and development long before doing blockchain. For example WiFi-based mesh networks, and some actual decentralized data relay and transmission system deployment.
Because one of the core principles of the blockchain itself is to decentralize the network, we have been thinking about how to use this feature of the blockchain better to solve the problem of idle network connectivity and transmission capability. Through blockchain’s self-incentive mechanism, there is an opportunity to promote the continuous development and expansion of the decentralized network. At the same time, we also see that there is currently no blockchain system that can do a good job of implementing network resources tokenization.
Well, we are wondering, can we combine this with our background and expertise to make a network system that everyone can participate in and build it together? That will fundamentally solve many of the problems of today’s Internet, such as network fragmentation and network neutrality. So, here comes the NKN project.