NeuronChain
NeuronChain
Token: NRON


NeuronChain is a lightning fast financial network with a vision to build tomorrow’s financial system by creating a borderless world by cutting out intermediaries and providing access to the billions of people underserved by the current systems.

ICO dates
Start date: 2019-12-01
End date: 2020-03-01

Registrated in: Hong Kong

Platform: Ethereum
Type: Neuron

PREMIUM ICO

NeuronChain categories
Banking Cryptocurrency Platform
NeuronChain whitepaper
Video
NeuronChain token sale
KYC passing required No | Whitelist No | Restriction for countries USA
Hard cap 2.5BTC
Tokens for sale 2375000
Price 1 NRON = 0.01 USD
Price in PreICO 1 NRON = 0.01 USD
Minimal investment $10
Acceppting BCH,BTC,ETH
Bonus in ICO 40%

Executive summary

NeuronChain is an interoperable 4th generation smart contract platform with speeds of 100,000 tps on mainnet that allows regulatory aligned decentralized transfer of fiat and 

cryptocurrencies at near zero cost. 


Our vision 

At NeuronChain, we believe that every person on this planet should be free to control their capital however they choose. Trade should be free of intermediaries, permissionless and borderless. For such a world to exist, it should be supported by a groundbreaking technology to set the foundation with an optimal match of transaction speed, level of decentralization, security and energy efficiency. 


Network Architecture 

NeuronChain’s robust multilayer architecture decentralizes the transfer of fiat money through a P2P network of fiat liquidity providers (Agents) and seamlessly connects fiat based payment systems with blockchain networks. 

Layer 1 - The NeuronChain Ledger 

NeuronChain is already an active platform which is highly advanced in terms of speed, the level of decentralization and energy efficiency. NeuronChain's block- chain capabilities harmoniously tie the transaction needs for the ever-changing “high speed” global markets and our vision for decentralized free markets. 

The blockchain capitalizes on an open source hybrid DPoI* and TaPoS** consensus mechanism. This consensus mechanism allows for native transaction speed of over 100,000 tps and the capacity to scale into millions through on- and off-chain scaling options. 

Layer 2 - Synapse Protocol

NeuronChain's Synapse Protocol allows network participants to deploy scalable on- and off-chain smart financial contracts in fiat and cryptocurrencies and design their own crypto economic protocols on top of NeuronChain. 

Layer 3 - dPay, Decentralized Processing Protocol 

NeuronChain’s Decentralized Processing Protocol revolutionizes existing payment systems by disintermediation of the current centralized structures and clearing processes. It allows merchants to set the rules for acquirers and issuers to offer payment solutions at zero infrastructure costs. 

Layer 4 - dApps and dCards for merchants 

NeuronChain is for everyone who has a vision to build their own decentralized financial services systems. Any organisation, be it in B2B or B2C or a challenger bank would have the unique capability to offer fiat and cryptocurrency based banking services to their customers through NeuronChain. In addition to this, as a means of facilitating B2B adoption, we will offer free API's to integrate with any existing payment system. Additionally to our infrastructure services for third party developers we are on track developing the first consumer dApps on top of NeuronChain. 

Our Team 

We are a group of highly driven individuals with decades of experience in banking, business development and building products. 

Maksim Beskorovainy Chief Blockchain Architect, Co-founder 

20+ years experience with inter-bank networks. Previously served as Chairman of different banks. 

Timur Akhmedzhanov 

Chief Technical Officer, Co-founder 

15 years experience as Chief IT Engineer at Nuclear Physics Research Institute in Russia and as the Chief Engineer at the Agency for Strategic Initiatives (ASI). 

Alexander Pekar 

Chief Commercial Officer, Co-founder 

Over 18 years in the technology and financial sectors at a regulatory level structuring and implementing licensing regulations. 

Our advisors 

We are actively supported by our advisors with deep links to the regulatory environment as well as experience with building and scaling billion dollar businesses. 

Ugo Bechis 

e-payments and SEPA expert who has helped shape the regulatory framework of the banking and finance industries of the European Union.

Steven Vermeire 

Managing Partner of VCTS, founding partner of Younnic & Cosmopolitan Capital Partners. Focus on coaching & supporting technology start-ups/ scale-ups. 

Coin Distriution

Bounty pool for NeuronEx promotion 20 000 000 NRON 


Bounty pool for NeuronChain promotion 80 000 000 NRON 


Total Bounty pool 100 000 000 NRON 


Team and advisors 650 000 000 NRON 


Coins for sale 3 250 000 000 NRON 


Total 4 000 000 000 NRON 

Sales price $0.01



We intend to use the funds to: 


  • Further develop NeuronChain Mainnet towards smart contract capabilities. 

  • Drive adoption of our first consumer dApps. 

  • Integrate NeuronChain with any existing payment platform to also drive adoption by businesses of any kind. 

  • We will further deploy funds to meet regulatory compliance and acquire licenses (e.g. EMI license). 10% of the funds will be kept as a reserve for unforeseen events. 


Allocation of Funds

Blockchain R&D - 20% 

User sided dApps - 10% 

Integrating traditional fiat based payment service providers - 30% 

Reserved - 10% 

Network  growth- 10% 

Regulatory compliance and licenses - 10%

Overhead - 10%






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Random whitepaper excerpts

Table of Contents
Executive Summary
5
The Problem
8
The Solution
10
The NeuronChain Financial Network
12
Problems of Traditional Centralized Systems
14
Over Regulation
14
Intermediaries
15
Outage
16
Problems of the Current Decentralized Systems
17
Throughput
17
Scalability
17
Confirmation Speed
18
Fees
19
Energy Efficiency
19
Platform Lock-in
20
NeuronChain Network Architecture
21
Layer 1 - The NeuronChain Ledger
22
The Blockchain
22
Speed
23
Scalability
24
Interoperability
24
Lowest Transaction Costs
24
Instant Confirmation Times
25
Safe, Secure and Private
25
Open Source
25
Eco-Friendly
25
...

Consensus Mechanism
26
Security
27
Transaction Validation
27
Transactions as Proof of Stake
28
Importance Score
28
Delegates
29
Governance
30
Voting Procedures
30
Layer 2 - The Synapse Protocol
31
Custom Assets
31
Cross-Chain Transactions
35
API Gateway
36
Layer 3 - Decentralized Processing Protocol (dPay)
37
Cost of Centralized Transactions
41
The Merchant Discount Fee
42
Interchange Fee (IF)
44
Acquirer’s Fee
45
NeuronChain Decentralized Processing Scheme
47
Traditional Processing and Decentralized
Processing: Cost Comparison
50
Choosing an IPS
50
Membership Status
51
Participant Member
51
Associate Member
51
Principal Member
52
Costs
53
The Agent Network
59
Layer 4 - Decentralized Applications
62
N...

What does it mean in practice?
63
How does it work?
63
What is the legality of such a dCard?
63
Fee Distribution
64
Decentralized Applications in Alpha
67
NeuronEx
67
Neuron Wallet
69
Regulations and Compliance
71
Network Growth
72
A P2P & B2P income earning environment
72
Referrals and Ambassador Network
72
Marketing and Growth Efforts
73
Funding and support for projects
73
Team and Advisors
74
Roadmap: Past, Present, Future
83
Coin Sale and Distribution
84
Use of Funds
85
Disclaimer for Coin Sale
86
References
...

Executive Summary
At NeuronChain, we believe that every person on this planet
should be free to control their capital however they choose.
Trade should be free of intermediaries, permissionless and
borderless. For such a world to exist, it should be supported
by a groundbreaking technology to set the foundation with
an optimal match of transaction speed, level of decentra-
lization, security and energy efficiency.
We have created an eco friendly
4th generation blockchain
with
a
native speed of over 100,000 tps on mainnet
and the capacity to
scale into millions through the use of on- and off-chain scaling
options. The blockchain capitalizes on a hybrid DPoI (Delegated
Proof of Importance ) and TaPoS (Transactions as Proof of Stake)
consensus mechanism which allows for the mentioned features.
NeuronChain’s capabilities harmoniously tie the transaction needs
for the ever-changing “high speed” global financial markets and
our vision fo...

Our experience in the financial industry and technology space
has taught us that the only good long term strategy is to build a
network that can integrate and interact with other networks and
solutions. Therefore, the protocol also seamlessly
integrates
fiat
based payment systems
with other blockchain networks
and as
such, is an unprecedented proposition to the evolving distributed
ledger technology landscape.
The uniqueness of our technology unfolds through the third layer
protocol, which we call the
Decentralized Processing Protocol.
It is
unmatched by existing blockchain technologies as well as
comparable centralized financial systems. It revolutionizes existing
payment systems by disintermediation of the current centralized
structures and clearing processes. Practically, this means that every
person or business will be able to act as an acquirer and underwrite
trade between merchants and consumers and earn while doing the
s...

“We want thousands of decentralized smart
financial applications to blossom. We will
start with remittance and retail banking.
A decentralized fiat/crypto exchange -
NeuronEx - is already developed and the
Neuron Wallet is under development to help
those who want to exchange and securely
store fiat and cryptocurrencies. In 2019, you
will be able to enjoy the advantages of the
world's first decentralized bank account and
last but not least the world's first
decentrally processed P2P plastic card,
the Neuron dCard. We are on track to bring
decentralized 1-click banking to the world
as quickly as possible.”
Chris Halbard
Chief Executive Officer
The groundbreaking capabilities of NeuronChain’s blockchain
are already a reality and can be witnessed by anyone
here.
We invite you to read this Business White Paper to find out more
about the details of our technology platform and also encourage
you to familiarize with our

The Problem
In the pre-industrial economies, the growth of non-local
trade brought about the development of payment media
as it was directly linked to the financing of trade.
The spread of urban society, and above all the advent
of large-scale industrialization in the second half of the
nineteenth century, altered the role that finance had
to play. Finance was then concerned with mobilizing
resources for large infrastructure projects and
investments with heavy capital requirements.
The systems that emerged were closed, non-flexible, heavily
centralized, unstable and frankly, not made for the 21st century.
From the time of the emergence of a new financial system, there
has not been a significant advancement in the core of the process
apart from the functional changes of adapting to technology.
The archaic condition of the current financial system presents a
number of hindrances in our vision to build a world of free trade
and commerce.
Some of them are...

3
Long Settlement Times
In the case of some centralized payment
systems, the settlement times vary from
the location, the size of the transaction
and the type of the transaction.
5
High Conversion Rates
For a world of free trade and commerce,
variable, intransparent and high exchange
rates are a hurdle. Sellers and buyers of
goods should be able to transact and
communicate without paying a hefty sum.
7
Multi-Currency Support
A lack of a single medium of exchange
is cumbersome for the ever-changing
world of global trade.
4
Non-scalable
A system built to serve the needs of the last
century is non-scalable with relevant limits
to meet the requirements of the present and
future financial conditions.
6
Access to Finance
and Capital
More than 2 billion people in the world are
underserved by the current financial system
and this is mainly because of the high setup
and operations ...

NeuronChain Roadmap

1
Q1 2017
Technical primer Study existing options Research
2
Q2 2017
Create the concept of hybrid consensus mechanism Test and implement adopted concepts Test nodes
3
Q3 2017
Packaging for data exchanging Node implementation Run tests Synapse Protocol conception
4
Q4 2017
Deploy Blockchain test network Run tests for remittances, consensus, wallets Simulate network attacks
5
Q1 2018
Launch Neroun Coin on Mainnet Design of the protocols
6
Q2 2018
Parallelization of data processing Core optimization Run tests for remittance, clearing, routing
7
Q3 2018
Delegate deposit and penalties mechanism design Design Synapse Protocol architecture
8
Q4 2018
Decentralized Processing protocol architecture
Sergey Popov
Sergey Popov Deputy Director General, Project founder

Chris Halbard
Chris Halbard
CEO
Sergey Popov
Sergey Popov
Deputy Director General, Project founder
Developer
Deputy Director General, Project founder