neurally efficient, transparent, and trusted ecosystem

whitepaper

The current version of this paper focuses on Paynette's multi-chain & modular payment features. Other content in the ecosystem will be completed.

This paper also applies to the Coinette™ token. In fact, the Coinette™ is a crypto asset that has been issued to support the entire Nette ecosystem.

1. All licenses and approvals, including regulatory, judicial, and governmental in all domestic and international sectors, are not guaranteed, but the Nette team intends to operate in full compliance with relevant laws and regulations and will make every effort to obtain the necessary licenses and permits.
2. Licenses or regulatory approvals may be specific or limited in a number of areas, and Nette's activities in those areas may be subject to certain conditions. This means that the development and expansion of all initiatives described in this whitepaper are not guaranteed.
3. There is no guarantee, and no person or entity makes any guarantee, that such authorizations or approvals will be obtained within a particular time frame. As such, the initiatives described in this white paper may be limited or unavailable in some jurisdictions.
4. During the development process, we may rely on collaboration with certain licensed third parties. This may require changes in the structure of the plans or changes in some services and the unavailability of some of them. If these individuals lose the necessary licenses in the relevant regulatory areas in the future, it will affect Nette's ability to rely on their services and result in the termination of cooperation.
5. The content presented on other websites, visual and audio media, and social media other than those presented in this white paper is not our official opinion and is not endorsed.
6. This content is free to read, and we will never ask you for your private key, fixed password, or one-time password.
7. We are not owned or affiliated with any other media, website, or commercial company other than those mentioned in this white paper.

disclaimer

1. This whitepaper does not constitute investment advice, financial advice, business advice, or a recommendation by Nette or other affiliated teams or brands, or their respective employees, directors, agents, or advisors, to purchase Coinette Tokens.
2. Coinette in no way represents a share of Nette or other related trademarks, but a digital asset (token) originally issued by tradenette to raise capital and financial strength for upcoming projects. Obviously, each token is purchased by investors, and they will own 100% of it as long as they own it.
3. This white paper is not a prospectus or financial services document and is not an offer to sell or the solicitation of an offer to buy any securities, investment products, regulated products, or financial instruments in any regulatory or legal jurisdiction. Coinette Tokens are not sold as structured tokens or securities in Nette or affiliated trademarks. Owners of Coinette Tokens do not and will not have any equity, capital royalties, profits, returns, or income in the token's parent company or any of its affiliated brands.
4. No warranty or guarantee is given to the recipient of this whitepaper or its advisors as to the accuracy or completeness of the information, statements, opinions, or matters (express or implied) contained in or derived from this whitepaper or any omissions from previous versions.
5. The coinette tokens are under development and will be constantly updated if, upon completion, they differ materially from the description provided in this whitepaper. NO WARRANTIES ARE GIVEN AS TO THE AVAILABILITY OR REASONABILITY OF THE PROJECTED PROGRAMS AND SERVICES OR THE FUTURE OUTLOOK, AND NOTHING IN THIS DOCUMENT SHALL BE CONSTRUED AS AN ANTICIPATION OR GUARANTEE.
6. All liability for any loss or damage of any kind (whether foreseeable or unforeseeable, and whether or not Nette has been advised of the possibility of such loss or damage) which may arise from any person and Nette is not responsible for any of the opinions contained therein. Negligence, omission, or neglect of obligations arising from this White Paper or any information made available in connection with any further inquiries.
7. Data obtained from third parties has not been independently audited, verified, or analyzed by any professional legal, accounting, engineering, or financial advisor. No assurances are made as to the accuracy, reliability, or completeness of the data.
8. This white paper must not be sent to any regulatory body or jurisdiction where the distribution or publication of this white paper is prohibited or restricted.
9. The views expressed in this white paper are those of Nette and do not reflect the official policy or position of any government, authority or public body or regulatory and policy-making body in any regulatory area. Note that this white paper has not been reviewed by any independent authority.
10. Buyers must not purchase or offer Coinette tokens for speculative purposes, organized crime, the buying and selling of services and goods, or illegal investments. You should only purchase Coinette Tokens if you fully understand the nature of Coinette Tokens and accept the risks inherent in cryptocurrencies.

risks

1. Buying coinette tokens is risky and may result in the loss of a significant amount of your capital. Before buying any token (including coinette tokens), you should carefully evaluate and consider the risks.
2. Crypto tokens may be subject to expropriation or theft. Hackers or other malicious or illegal groups, organizations, or unscrupulous governments may attempt to interfere with our system or network in a variety of ways, including malware attacks, denial-of-service attacks, consensus-based attacks, or spoofing attacks, which may result in the loss of cryptographic tokens. In such circumstances, there may be no remedy, and holders of the cryptocurrency have no guarantee of reimbursement or compensation.
3. The regulatory status of crypto tokens and digital assets is currently uncertain, varies from country to country, and is subject to considerable ambiguity. Certain operating rules, regulations, policies, or special laws may be enacted in the future with respect to crypto tokens, digital assets, blockchain technologies, or programs that may directly or indirectly affect the rights of holders of crypto tokens to acquire them. On the other hand, uncertainty in tax laws related to crypto tokens and digital assets may expose crypto token holders to tax consequences related to the use or trading of crypto tokens.

Potential buyers should consider all of the above and independently assess the nature and scope of the relevant risks. It is recommended that you consult with your skilled, experienced, and trusted advisors before making any decisions.

idioms and phrases

1. The Nette Ecosystem It is a service-oriented, vertically scalable, performance-extensible, dynamic, and interactive neural chain ecosystem based on artificial intelligence, launched in 2019. Nette actually means clear and pure. All the services provided in this ecosystem end with the word "nette," such as tradenette™, paynette™, coinette™, etc.
2. paynette™ is a trademark for the integrated, homogeneous, and scalable structure of an efficient, ultra-fast, decentralized, and nested encrypted multi-chain network to facilitate payments, transactions, accelerate financial processes, financial management, and money transfer, regardless of type (crypto or fiat), that is supported by Nette Ecosystem.
3. tradenette™ Initially, it was the name of an artificial intelligence-based cryptocurrency market analysis engine based on the Alice model. tradenette, which continues to provide an intelligent integrated trading platform for investment modeling, low-risk trading, valuation, and risk management, forms the research core of Nette Ecosystem's other teams and subsidiaries.
4. coinette™ is a cryptographic token (utility token) that was first proposed to strengthen the investment pools and increase the initial capital for the development of tradenette infrastructure, and finally it is used to support the entire Nette ecosystem.
5. ALICE™ is a nomenclature based on an abbreviation of the Algorithmic Lightweight Intelligent Catalyze Engine. Actually, Alice is not the name of a person; it is an artificial intelligence deep algorithm (AIDA) that can analyze the irrational behavior of the cryptocurrency market, which was developed by tradenette™. It can determine the best point for trading with more than 3,960,000 concurrent samplings per token.
6. FIONA™ is a nomenclature based on an abbreviation of the Fast Input & Output of Nework Arrays. Fiona is a competitive model with an array-oriented, decentralized, and dynamic architecture based on neural array behaviors developed by Nette. This architecture forms the core of the dPAP network and enhances the capabilities of the blockchain network. Each processing node determines its template based on the type of service requested and does not use pre-selected templates. a possibility that can provide fast and easy data transfer between different inter-block chains.
7. dPAP is a nomenclature based on an abbreviation of the Decentralized Payment Aggregator Protocol. It is a platform developed based on Foina that can collect data from multiple blockchains and combine them in a decentralized network and protocol so that customers can transact regardless of blockchain type, currency type, and conversion ratio.

the goal

Architecture and development of an efficient, ultra-fast, decentralized, and nested encrypted multi-chain network to facilitate payments, transactions, accelerating financial processes, financial management, and money transfers regardless of their type (crypto or fiat). This multi-chain architecture differentiates itself from other competitors in terms of security, scalability, interoperability, and currency diversity.

multi- or cross-chain network

Technically, the concepts of multi and cross are different from each other, but in simple terms, multiple or cross networks (regardless of their meaning) allow transfers regardless of the type of currency requested by the seller and the type of currency in the buyer's account. Imagine living in London and preparing for a last-minute trip to the United Arab Emirates. You do not need to convert currency; you don't even need to convert your cryptocurrency to fiat. It is enough to have a multi- or cross-chain account; all the steps of conversion and payment to the currency of the destination country are done automatically in all stores and shopping centers.

decentralized payment aggregator protocol

Since 2013, the competition for improving or building new blockchains, methods, or protocols that can improve the scalability, safety, and speed of transactions has intensified in the crypto markets. On the other hand, building a network or protocols that provide communication between blockchains is also very important. In the meantime, payment gateways for businesses are still facing many problems that have made the daily use of crypto difficult.

An aggregator is a platform that collects data from multiple blockchains and combines them into a single decentralized network and protocol so that customers can transact regardless of blockchain type, currency type, and conversion ratio. Aggregators also perform other tasks, including linking liquidity pools, reducing transaction fees, adding and withdrawing funds to and from DeFi pools, and more.

We are developing algorithms that make it easier and safer to transfer digital currency, regardless of the blockchain network type, and also enable the exchange of currency from traditional banking to blockchain and vice versa. Nette Ecosystem is a reliable, efficient, and intelligent assistant that tries to solve this problem based on five key advantages in the first step:

• Faster, safer, and more scalable transactions
• Automation of receipt, exchange, and payment processes
• A decentralized inter-network protocol that facilitates the connection of traditional banking and blockchains
• Eliminate transaction fees by up to 70% and save process costs
• Integrated and intuitive interactions for better customer experiences based on AI

tradenette™

paynette™

Imagine connecting your bank account, Visa, or Mastercard to your crypto wallet, allowing you to control your money and use it at any point of sale, ATM, cash register, electronic payment, etc. Deposit and withdraw items without currency conversion. Know the paynette

1. No setup fee.
2. No minimum balance.
3. Domestic transaction fee 0%: fast and convenient peer-to-peer payments for retail, healthcare, public transportation, entertainment, hospitality, and other industries, including QR code-based, NFC-based, and biometric-based payments for in-person environments.
4. Contactless payment.
5. Biometric payment.
6. Some of the basic expectations for the performance and customization of the dPAP are stated below:
   • The fast, safe and affordable performance:
     • Self-determining blockchain.
     • Cross-border payments fast and cost-effective international payment transactions without the need for intermediaries end-to-end visibility of payment data and transactions to increase transparency and improve control of financial operations.
     • Business finance tamper-resistant records and full traceability of financial obligations among business partners Automated payment execution based on pre-defined events to ensure timely execution of multilateral agreements and minimize payment delays.
     • Autonomous dedicated ledger.
     • Peer-to-peer encryption.
     • Government payments automatic payment of taxes and other government payments to avoid late penalties and audit fraud. Immutable records of taxable amounts, supporting documents, and tax payment transactions are required to ensure consistent and consistent tax reporting across jurisdictions. It also helps facilitate tax audits for tax authorities.
   • Customize payments methods:
     • Per product payment.
     • Per download payment.
     • Per visit payment.
     • Per registration payment.
     • Per streaming music, video, and online contents payment.
     • Per membership payment and etc.
7. Deposit and withdraw to and from tradenette™ without fees.
8. Connecting the gateway to multiple wallets.
9. Connecting multiple gateways to one wallet.
10. Automatic exchange of dissimilar currencies between sender and receiver.
11. Accept bitcoin, altcoins, stablecoins, or fiat currencies in your business.

payment as a service

Payment as a Service (PaaS) is a marketing term used to describe software as a service for connecting a group of payment systems as an integrated service.

In the financial market, the continued momentum towards digital payments, open banking, the use of digital wallets, and the rapid decline in the use of cash are having a major impact on the entire global payments ecosystem. The challenges facing this new world of payment processing can be complex. Banks, payment providers, and other payment actors must keep up with changes such as regulatory compliance and risk management while maintaining control over transaction fraud. One way to deal with the speed of demand and improve the payment experience is to outsource part of the payment technology by approaching payments like many other software solutions: As a service.
Payment as a service model allows customers greater flexibility and choice while reducing risk and simplifying the process of rebuilding an organization's payment stack.

• By adopting Payments as a Service, you can:
• accelerate growth PaaS enables you to focus on growing your business without the hassles of traditional payment processes.
• financial transparency Increase your insight into your company's finances in real time. It allows you to make informed decisions at every step.
• cost control Predictability is critical to financial success. PaaS equips you with the tools to effectively forecast and manage costs and ensures that you are in control of your budget.
• streamline operations Embrace the digital age and streamline your processes. PaaS eliminates the need to perform manual and time-consuming payment tasks, allowing you to focus on core business goals.
• avoid surprises Traditional payment methods may come with hidden fees and hefty fees. PaaS offers a cost-effective alternative that allows you to save money and allocate resources strategically.

PaaS providers manage all servers, storage, networks, virtualization, middleware, operating systems, and runtime. Therefore, organizations are left only to provide data and applications. Without having to purchase hardware or pay for downtime, companies can see significant savings.

payment service provider

A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit cards and debit cards. PSPs act as intermediaries between those who make payments, i.e., consumers, and those who accept them, i.e., retailers.

crypto payment provider(s)

Crypto payment providers, also known as crypto payment gateways, are services that allow businesses to accept payments in cryptocurrencies such as Bitcoin. Crypto payment gateways are growing in popularity due to the increasing use of cryptocurrencies and the security benefits they offer. Many businesses are now beginning to accept crypto payments as a way to stay ahead of the curve and tap into new markets.

Cryptocurrency gateways enable you to simply accept digital payments and receive fiat currency immediately in exchange. So if you implement a payment processor in your business, you’ll be able to send and receive fiat currencies like pounds, US dollars, euros, and cryptocurrencies like bitcoin, Ethereum, DogeCoin, and others.

pci dss

The payment card industry data security standard, or PCI DSS, is required for those managing cardholder information, whether a start-up or an international company. All payment gateways must be compliant at all times, and compliance must be reviewed and verified annually.

The PCI Standards Council (SSC) is responsible for developing PCI compliance standards. It aims to help secure and protect the entire payment card ecosystem. These standards apply to merchants and service providers who process credit or debit card payment transactions.

PCI Compliance

Payment Card Industry Compliance (PCI) is required by credit card companies to help ensure the security of credit card transactions in the payment industry. Payment card industry compliance refers to the technical and operational standards that businesses follow to secure and protect credit card data provided by cardholders and transmitted through card processing transactions.

PCI compliance is critical because customers expect companies to protect payment profileholder data. Data breaches face legal and business penalties, and companies that don't take security seriously are sure to damage the trust of customers and organizations that meet PCI requirements. PCI compliance also requires attention to detail. By following each recommendation in the checklist, organizations can protect their technical and operational systems. And they will also be immune from fines caused by non-compliance.

1. install and maintain a firewall, Firewalls are the first line of defense against external threats. PCI-compliant organizations must implement firewalls at the edge of the network. The network firewall configuration should block unauthenticated traffic and limit public access to the Cardholder Data Environment (CDE). All devices connected to the network must be protected by a firewall, without exception.
2. reconfigure vendor default settings, Devices and apps from third-party vendors usually come with default settings. Hackers often use default passwords that are publicly available and widely known. If hackers compromise a single asset through default passwords, they may gain access to a wider network. Compliant payment providers must change all default passwords before deploying assets. System components must have custom settings that comply with network security standards. Access to assets must be protected with encryption and strong passwords. This also applies to any shared infrastructure or application. Partners must change the default passwords on the server administration side. Compliant payment providers should double-check that this has been done.
3. protect stored cardholder data, Protecting the CDE is the most important task of PCI-DSS compliance. Payment providers need to know where cardholder information flows. They must capture and secure all databases that store cardholder information. And all credit card information must be protected with strong encryption. Databases containing cardholder data must be separate from other network resources. To ensure data security, each part must be thoroughly checked and monitored. Data retention is another key compliance requirement. Data must be securely deleted. Payment providers must hide Payment Account Numbers (PANs) that cannot be encrypted. Encryption keys also need to be protected. PCI rules require that keys be encrypted and stored securely.
4. encrypt transmitted cardholder data, Protecting static data is not enough. To meet PCI-DSS compliance requirements, organizations must also transmit cardholder data securely. Payment providers should apply strong encryption to all data transfers. They must use approved protocols, such as later versions of TLS. It is important to check that your protocols comply with the most recent PCI-DSS regulations. And PANs should never be transmitted in plain text format.
5. protect against malware, Malware is a major attack factor for data breaches. PCI-DSS-compliant payment providers must take steps to detect, neutralize, and destroy malware before it can cause damage or steal data. Payment providers must update all antivirus software to the latest version. And threat detection tools should generate reports for use in PCI-DSS audits. In addition, they should protect the CDE with the help of threat detection tools. And they should educate network users to reduce phishing risks. This includes increasing awareness of malicious attachments and the use of external devices.
6. create and apply a cybersecurity policy, The core aim of this section is to show that payment providers have identified core threats and put in place measures to handle them. This requires continuous security assessment and auditing.
   • Identifying potential attack vectors
   • Categorizing the risk level of each asset
   • Documenting security controls to mitigate risks
   Risk assessment demands a holistic approach to securing network assets. Security teams must ensure that all assets are updated to reflect emerging threats. Network-wide threat detection systems should guard the entire cardholder data environment. Secure DevOps systems are also essential. This ensures that internally developed assets conform to PCI-DSS standards or not.
7. maintain the security of critical systems and applications, Access control systems should protect the CDE against unauthorized intruders. Payment providers should implement a zero-trust model that limits access on a need-to-know basis. Payment providers should put strong authentication systems in place to restrict access to legitimate users. PCI recommends the use of multi-factor authentication (MFA) or two-factor authentication (2FA) systems. Both systems require more than one authentication factor. This makes it much harder for outsiders to gain access.
8. continuously test security systems, Based on PCI regulations, a unique ID should be created for each network user. User activity should be logged and easily tracked. Systems must log every access request and session metadata. And this information should be available during the audit. PCI-DSS regulations also require tight control over shared accounts. Payment providers should minimize the number of group accounts and document why such accounts are required. Users should be educated about the risks of sharing credentials with others. And security teams should routinely audit access policies to prohibit unsafe access.
9. track and monitor network access, Access controls must be applied to all devices involved in the CDE. If a device receives, transmits, or stores cardholder information, it must be accessible only to authorized users. This applies to devices that can connect to CDE, even if they do not use credit card data. It also covers paper assets that store cardholder data. Payment providers must establish physical access controls, such as card readers or locks. And they should also monitor the physical environment through security cameras. Cameras should capture all access points and critical assets. PCI-DSS rules require that access records be stored for at least 90 days. Records should show who entered sensitive areas, and there should be individual records for foreign visitors. Physical access controls also apply to mobile devices and storage peripherals containing cardholder data. These devices must always be secure. And they must be destroyed after use to eliminate the risk of information theft.
10. restrict physical access to data cardholder data, Vulnerabilities in physical and wireless networks make it easier for cybercriminals to steal information. This requirement requires that all systems have the correct auditing policy and send logs to a centralized syslog server. These reports should be reviewed at least daily to look for anomalies and suspicious activity. Security information and event monitoring (SIEM) tools can help you log system and network activity, monitor logs, and alert you to suspicious activity. PCI DSS also requires that audit trail records meet a certain standard in terms of the information contained. Time synchronization is required. Audit data must be secure, and such data must be retained for at least one year.
11. identify and authorize all users, PCI compliance requires regular network testing at all levels. External and internal network tests should be carried out by an approved scanning vendor (ASV). Network tests should scan for vulnerabilities, such as insecure endpoints. Tests should document any weaknesses. Security teams should record subsequent actions taken to secure network assets. Annual penetration testing is required at higher PCI levels and is advisable for all compliant payment providers. Penetration tests should always follow major system-level changes. They should simulate the main data breach risks.
12. restrict access to cardholder data, Documentation is a critical aspect of PCI compliance. All payment providers must create and implement a network-wide information security policy. This policy includes all of the security controls present on the network and documents how each control relates to PCI compliance. The information security policy explains how users can safely access sensitive data. It includes details about the payment provider's incident response plan, including threat mitigation and system recovery. And it also explains third-party requirements. Policies should be subject to an annual review. Security teams should review whether current systems are capable of countering critical risks. And annual updates should bring policies into line with PCI best practices.

osstmm

The Open Source Security Testing Methodology Manual, or OSSTMM is a methodology to test the operational security of physical locations, workflow, human security testing, physical security testing, wireless security testing, telecommunication security testing, data network security testing, and compliance.

OSSTMM can be a supporting reference for ISO 27001 instead of a hands-on or technical application penetration testing guide. OSSTMM includes the following key sections:

1. security analysis
2. operational security metrics
3. trust analysis
4. workflow
5. human security testing
6. physical security testing
7. wireless security testing
8. telecommunications security testing
9. data network security testing
10. compliance regulations
11. reporting with the STAR (Security Test Audit Report)

payment gateway

In a cashless world where payment services are mostly done digitally or through credit cards, a payment gateway can simplify and speed up payments to help consumers and businesses.
Payment gateways are a merchant service that processes credit card payments for both e-commerce sites and brick-and-mortar stores. They can be thought of as a metaphorical cash register in an electronic transaction.

infrastracture

A payment gateway acts as the central cog in the payment processing system, whether you're shopping online or in-store.
In a transaction, it is the front-end mechanism that collects, transmits, and authorizes customer information in real time to the merchant bank, where the transaction itself is processed. There are generally three types of payment gateways:

on-site payments

Large-scale businesses tend to use on-site payments handled on their own servers, where the checkout experience and payment processing all work through the Paynette system.

checkout on site, payment off-site

Through this method, the front-end checkout will occur on the shopping site, but the payment processing happens through the gateway's back end. Like redirected payment gateways, this method can simplify the payment processes while ensuring increased security on the back-end.

redirects

The "Redirects" often include options for alternative payment methods, such as a company allowing the use of PayPal. When the gateway takes a customer to a PayPal payment page to handle the complete transaction, it becomes a Redirect.

A small business can use a Redirect gateway to incorporate the convenience and security of a larger platform. Redirects have the advantage of simplicity for the retailer, though they also mean less control for the merchant.

traditional banking

Traditional banking has been around for centuries. It is typically characterized by physical branches, regional headquarters, self-branded ATMs, many employees, and personal customer service provided by dedicated account managers. While traditional banks offer online services, the main focus is mainly on physical presence.

Many customers choose traditional banking because of the direct customer service. A global survey of consumer banking reveals the reason for this choice. The results of the survey showed that live calling creates trust and credibility.

Customers prefer to visit a physical location and deal with a real person when seeking financial advice or purchasing new products. Moreover, presence in such local branches gives more confidence, especially when opening a bank account.

However, we cannot completely separate a traditional bank from an online bank. Most traditional banks understand the importance of digital solutions. Therefore, to adapt to changing client needs and preferences, they have started offering online banking services and developing online platforms and mobile applications.

neobanking

"Neo" means new. In fact, new-age banks are without any physical location and completely online. They can provide digital financial solutions for payments, money transfers, lending, and more. They offer customers deposit and withdrawal facilities, debit cards, investment facilities, and more. This is despite the fact that most of the new banks do not have a banking license and cannot operate alone. To solve this problem, they cooperate with licensed and generally traditional banks to provide financial services.

In addition to providing online services, neobanks are revolutionizing the financial world. In 2021, Chime Neobank was named one of the top 10 banks in the United States, with more than 13 million customers. Today, it has more than 21 million users. As neobanks continue to grow, it is important to understand what they are and their impact on the global financial landscape.

Traditional banks usually offer many financial services, including checking and savings accounts, car loans, mortgages, credit cards, and investment accounts. Neobanks differentiate themselves from traditional banks by offering low- or no-fee services and tools to protect financial health, such as no-fee overdraft protection.

Neobanks generate most of their income through transaction fees and interest on loans and credit cards. Because they operate without physical locations and thus have less overhead, it allows them to operate more efficiently and rely on exchange fees for the majority of their revenue. The most common ways of making money for neobanks are:

• transaction fees: While most neobanks do not charge fees for accounts, many do charge a small fee for wire transfers, ATM withdrawals, or money transfers.
• subscription fees: Some neobanks offer premium services for a monthly subscription fee. These services can be different for personal and business users.
• loan interest: Some neobanks offer loans and credit cards. The interest received from these products contributes to their overall income.

It is worth noting that different neobanks use different revenue models, so fees vary from one bank to another. Neobanks need less revenue flow to succeed because of lower overhead.

blockchain as a Service

Blockchain-as-a-service (BaaS) is the creation and management of cloud-based networks by a third party for companies engaged in building blockchain applications. These third-party services are a relatively new development in the growing field of blockchain technology. The application of blockchain technology goes far beyond its most well-known use in digital currency transactions and extends to secure transactions of all kinds.

BaaS is based on the software as a service (SaaS) model and works in a similar fashion. It allows customers to leverage cloud-based solutions to build, host, and operate their own blockchain apps and related functions on the blockchain. At the same time, the cloud-based service provider keeps the infrastructure agile and operational. The main players in BaaS are:

• Microsoft partnered with ConsenSys to introduce the Ethereum blockchain as a service on Microsoft Azure in 2015.
• Amazon has announced Amazon Managed Blockchain, a service that makes it easy to "build and manage scalable blockchain networks" using open source frameworks, including Ethereum and Hyperledger Fabric.
• R3, a consortium of global financial institutions that developed a distributed financial ledger called Corda.
• PayStand specializes in sending and receiving payments between companies. (Enterprise Blockchain)

Consumers and businesses are increasingly willing to adapt to blockchain technology. However, the technical complexities and operational costs associated with creating, configuring, and implementing a blockchain and maintaining its infrastructure often act as a barrier. BaaS offers an external service provider to set up all the necessary blockchain technology and infrastructure for a fee. Once established, the provider continues to manage complex back-end operations for the client. A BaaS operator typically provides support activities such as bandwidth management, resource allocation, hosting requirements, and data security features. A BaaS operator frees the customer to focus on core business rather than blockchain performance.

Paynette provides a blockchain as a service that allows developers to quickly build and test their own blockchain financial applications without worrying about the blockchain network layer. The main services of BaaS are:

• Hosting: Using the paynette platform, a developer can quickly deploy a blockchain network in the AWS cloud environment. Other cloud support (Azure or alibabacloud) will be provided in late 2024.
• Private Blockchain Network: Paynette provides a secure protocol that easily allows developers to set up a private blockchain network. This protocol allows certain transactions in a private network to be verified by other private networks if required.
• Administrator Toolkit: Paynette offers a number of management tools that help developers automate the development, deployment, or monitoring of their blockchain network and applications.
• Integration: Paynette offers a number of industry-standard solutions and services that allow businesses and enterprises to quickly integrate blockchain applications with their existing systems.

multi-chain

Multi-chain refers to an architecture that consists of several interconnected blockchains. Each chain operates independently and has its own consensus mechanism, but they can communicate with each other and share information. This architecture enables developers to design and deploy specialized blockchains tailored to specific use cases while maintaining interoperability with other chains in the ecosystem. By deploying one or more smart contracts on several blockchains and using a common protocol, we can create a single and connectable chain. With multiple chains, we can have many chains all connected and working together. The result is that users can transact across multiple chains without having to move assets from one location to another.

Multi-chain is the result of blockchain fragmentation. Since each blockchain is effectively an island, it has little connection to other blockchains or the outside world. Users cannot access an application that is on another blockchain. Due to the increasing use of decentralized applications, there is a great need for applications that are not limited to one blockchain and can be connected with other blockchains, because we will lose millions of users that exist in other blockchains.

In a multi-chain mechanism, developers configure a separate and distinct instance of their smart contracts for each different blockchain. Multi-chain developments solve this problem by meeting users in blockchain environments they are already familiar with.

cross-chain

On the other hand, cross-chain focuses on interoperability between different blockchain networks. This allows assets and data to be seamlessly transferred across multiple chains without regard to underlying protocols or consensus mechanisms. The goal of cross-chain technology is to create a bridge that connects different blockchains and enables the transfer of assets and the execution of smart contracts across different networks.

Cross-chain protocols use various techniques, such as sidechains, atomic swaps, oracles, and decentralized bridges, to facilitate interoperability. Sidechains allow the creation of separate chains that can interact with the main chain, while atomic swaps allow the exchange of assets between different chains in a trustless manner. Oracles act as bridges between blockchains, providing external data for smart contracts, and decentralized bridges facilitate the movement of assets between chains.

multi-chain vs cross-chain

While multi-chain and cross-chain architectures aim to address the limitations of traditional blockchains, they differ in their approach. The main similarity lies in their goal to achieve scalability, interoperability and efficiency. However, multichain focuses on creating independent chains with specific use cases, while crosschain emphasizes interoperability between different chains.

basic components

Setting priorities is important when architecting a dPAP. A balance must be struck between business goals, customer needs, updateability, and security. We know it is not easy. It may seem like a good idea to make the dPAP as versatile as possible. But if we start by focusing on the most basic features, you'll get more done.

authentication, authorization, & accounting

The AAA (triple A) is a coherent and efficient security framework that was first proposed to access computer network resources, but today it can be used to access and control the right to use all digital resources (centralized or decentralized). Simply put, AAA controls all digital resources, enforces policies, and monitors usage. AAA and its hybrid processes play a major role in data management, network security, and cyber security by screening users and tracking their activity while connected.

authentication

After creating a customer identity, or KYC (Know Your Customer), authentication involves the process of measuring and confirming who the user is. After creating an identity, users provide their login credentials, which verify that they are who they claim to be. Authentication acts as an identity and access management tool in IAM, and by checking whether the username, password, and other authentication tools match that particular user, it actually stores the user's credentials against the information database. It compares, confirms, or rejects itself.

The three types of authentication include things you know, such as fixed passwords, one-time passwords, pluggable hardware (such as USB), fingerprints, or other biometrics.

authorization

An authorization grants a user privileges to access certain areas of resources, data, or platforms. Zones and permission sets granted to a user are stored in a secure database along with the user's identity. User privileges can be changed based on customer needs. Authorization differs from authentication because authentication only verifies the identity of the user, while authorization determines what the user is allowed to do.

accounting

Accounting is the process of keeping track of a user's activity while accessing network or platform resources, including the amount of time spent, the services accessed while there, and the amount of data transferred during the session. Accounting data is used for trend analysis, capacity planning, billing, auditing, and cost allocation. This section is also used to obtain statistical data, measure and evaluate approaches, validate approaches, and investigate problems too.

authenticated encryption

The oldest and perhaps most well-known purpose of encryption methods is to protect the privacy or confidentiality of data. This goal is achieved by using encryption techniques. Decryption can only be done by someone who has the appropriate decryption key.

Separating the concepts of privacy and authenticity is relatively new. Historically, cryptographers believed that by using a strong encryption algorithm, they could also ensure data integrity. And indeed, when we are talking about human-readable messages, this assumption is justified. However, in the case of digital input data, both theory and practice have shown that these two goals are quite different.

Of far greater importance in most business applications is protecting the integrity of data. This is achieved by using digital signatures or message authentication codes (MAC). Both the digital signature and MAC compute a tag, which can be seen as a checksum computed on the message using a secret key. Without the secret key, it is not possible to calculate a valid tag; hence, all changes made to the data are easily detectable after the tag has been calculated.

Therefore, cryptographers developed authentication algorithms along with encryption algorithms. For example, the CBC-MAC algorithm works by "encrypting" the message with a block cipher in the Cipher Block Chain (CBC) mode of operation and then outputting the last (possibly truncated) block of ciphertext as the label. There are many variations on this scheme, most of them trying to solve the problems that arise when using an old block cipher like DES as the underlying block cipher. Even the simplest CBC-MAC structure is secure when using AES. When the length of the message to be protected is relatively large compared to the block length of the block cipher, the performance of the authentication step can be improved by using alternative structures. The most widely used is HMAC, which produces a tag by hashing a message and a key together and operates at the speed of the underlying hash algorithm (such as SHA-256).

message authentication code

The Message Authentication Code (MAC) or digital signatures allows you to make sure that no one tampers with your information. A sender who shares a symmetric key with a receiver can calculate and generate an authentication tag for a given message (in effect, the transmitted data is hashed before encryption), which allows the receiver to It verifies that the message was sent or received correctly and that the original contents have not been changed. MAC has the following properties:

• Authenticity: Knowing the key is the only way to create a verifiable MAC tag.
• Symmetric: Computing and verifying the tag requires the same key.

MAC can be deterministic or random, depending on the type of algorithm. Currently, MAC does not implement non-deterministic algorithms, and it is used only for message authentication.

authenticated encryption with associated data

The Authenticated Encryption with Associated Data (AEAD) primitive is the most common primitive for data encryption and is suitable for most needs. AEAD has the following properties:

• Secrecy: Nothing about the plaintext is known, except its length.
• Authenticity: It is impossible to change the encrypted plaintext underlying the ciphertext without being detected.
• Symmetric: Encrypting the plaintext and decrypting the ciphertext is done with the same key.
• Randomization: Encryption is randomized. Two messages with the same plaintext yield different ciphertexts. Attackers cannot know which ciphertext corresponds to a given plaintext. for avoid this, must be used Deterministic AEAD instead.

ledger database

A ledger is a type of record of documents in which financial transactions are recorded. This concept has been around for centuries. A ledger database is somewhat more modern and usually refers to a type of database that uses cryptographic techniques, including blockchain, to secure data and enable an immutable ledger.

With an immutable ledger, transactions are recorded cryptographically in the database. They are permanently recorded, tamper-proof, and cannot be changed. Immutability plays an important role in ensuring the integrity and transparency of the data in the ledger. Blockchain itself is often referred to as a distributed ledger technology (DLT) because there is typically no central authority or single node but rather a collection of decentralized, distributed nodes by which data is stored and accessed. With a ledger database, a distributed blockchain could potentially be used, but it is not the only option.

A common approach to ledger database technology is to use private blockchain methods such as the open-source Hyperledger, where there is a permissioned blockchain authority for centralized management. A private blockchain as the basis of a ledger database can be controlled by an organization for its specific use cases.

In a typical relational database, data is stored in rows and columns, and consistency is enabled through an ACID (atomicity, consistency, isolation, and durability) approach to transactions. A general ledger database can also benefit from ACID transactions, but the way data is stored takes a different approach. With a private, permissioned blockchain-based ledger, every transaction is verified by a central authority. With a public blockchain-based ledger, transactions are verified through a consensus algorithm.

For both private and public blockchain-based ledger databases, each validated transaction is secured via a digital signature in the form of a cryptographic hash. Every validated and encrypted transaction is then grouped into a block. Each block can provide a reference to a previous block, with multiple blocks connected in a chain. The encryption used in each block is immutable and makes the data tamper-resistant.

types of ledger databases

To accurately and immutably record transactions, we can use several types of ledger databases, including:

• Public blockchain: Ledger databases rely on a public blockchain implementation with a decentralized authority, sometimes known as DLT. Functionally, all cryptocurrencies run on ledger databases where transactions are recorded.
• Private ledger and permissioned ledger: Ledger databases typically have centralized authority that enables faster transactions and more control than fully public approaches. Examples of private ledger-based technologies include Amazon's QLDB running on AWS, Microsoft's Azure Confidential Ledger, and Hyperledger Fabric, an open-source ledger database technology developed by the Hyperledger Foundation as a foundation for numerous commercial implementations.
• Multimodel databases with blockchain table support: Traditional database technologies can sometimes be extended to support more than one type of data model, commonly referred to as multi-model databases. A database that can act as a relational database can also potentially support blockchain and enable a ledger-type database.

assets

Crypto asset is a general term (a digital currency is just one type of crypto asset). A term that most blockchain technology uses. Specifically, a cryptoasset is a digital asset that uses cryptography, a peer-to-peer network, and a public ledger to regulate the creation of new units, verify transactions, and secure transactions without the involvement of any intermediaries.

Crypto assets facilitate the decentralization of industries, eliminating middlemen through the use of cryptography and peer-to-peer networks, in turn reducing costs. Whether you're making payments, sharing files, or using the Internet of Things (IoT), you usually need a crypto asset to make it happen.

Crypto generally operates independently of a central bank, authority, or government. However, transactions involving crypto-assets are subject to the same tax rules as assets generally. There are no specific tax laws for crypto assets. The tax treatment depends on how the property is acquired, held, and disposed of.

Cryptocurrencies are not generally considered securities and, therefore, are generally not subject to securities laws. For example, when you buy a digital currency and instantly deliver the crypto asset to your digital wallet, the transaction is generally not subject to securities laws. However, if you trade cryptocurrency with a CTP and the CTP holds your cryptocurrency in a digital wallet for you on its platform, this creates an ongoing contract based on the value of the underlying crypto-asset, and that contract is subject to regulation. securities. CTPs that provide this service to users must be registered with the appropriate securities regulator(s).

types of crypto assets

Each crypto asset has different capabilities. Most of them are not created for investment. There is no universal classification of cryptographic assets. Some common types are listed below, but these do not cover them all. New cryptocurrencies are created all the time, but many of them are not well structured and do not last.

• payment currencies: Payment currencies are used for payments. They use blockchain technology to encrypt, regulate, and verify the transfer of funds between parties. While most cryptocurrencies can technically be used to pay for expenses, they can also be used to purchase goods and services from a wider range of merchants.
• blockchain economics (mainnet): These are essentially platforms that extend the functionality of blockchain technology beyond payments. Ethereum, Tron, and Cardano are good examples of blockchain economies. While Ethereum and Tron allow the creation of decentralized tokens and applications, Cardano is based on the idea of being a more scalable, stable, and interoperable platform.
• privacy coins: This type of crypto asset has additional encryption layers to keep transaction information secret. Unlike Bitcoin, owners of privacy coins are anonymous, their wallet address balances are private, and the amount sent or received in a transaction is known only to the sender and receiver. Monero (XMR) and Dash (DASH) are examples of privacy coins.
• stablecoins: Popular among traders for their stable price, stablecoins are pegged to another asset class to reduce volatility. Dai (DAI) and Tether (USDT) are two that you may have heard of, both of which are tied to the US dollar. However, different stablecoins use different methods to maintain a stable value.
• utlity coins: Utility tokens are designed to be used for a specific purpose in the blockchain economy. Most utility tokens are ERC-20 tokens that run on the Ethereum network, or TRC-20 tokens that run on the Tron network (Other blockchains can also support utility tokens).
• security coins: These are cryptoassets that pass the extraordinary Howey test. They represent a stake in a blockchain project and often come with reasonable expectations of future profits. The first ever security token was Blockchain Capital (BCAP), which launched in April 2017 along with the world's first tokenized investment fund.
• non-fungible tokens: We have non-fungible tokens (known as NFTs or cryptocollectibles) whose value is determined by rarity. The first NFTs to be created using Ethereum's ERC-721 standard were CryptoKitties, cute and colorful cats for virtual collecting and breeding that came into existence in 2017. Their initial popularity famously congested the Ethereum network. Today, NFTs come in many shapes and sizes, from tweets to perfumes.
• decentralize finance (DeFi): The DeFi movement aims to make decentralized financial services available to anyone connected to the internet and uses smart contracts to deliver them. The most widely used DeFi platform is the Ethereum network, which allows decentralized exchange of tokens, lending and borrowing, as well as staking, farming, and many other ways to earn passive income. Chainlink (LINK) and Compound (COMP) are two well-known DeFi tokens that power their respective blockchain platforms. Chainlink is an oracle network that connects blockchains with real-world data, while Compound is a protocol that allows you to lend crypto.

howey test

The defendants, W. J. Howey Co. and Howey-in-the-Hills Service, Inc., were corporations organized under the laws of the State of Florida. William John Howie owned large tracts of citrus groves in Florida. Howie kept half of the groves for his own use and sold real estate contracts for the other half to finance his future expansions. Howie sold the land at a flat price per acre (or per fraction of an acre for smaller lots) and delivered the warranty deed to the buyer after full payment of the purchase price.

The buyer of the land can then lease it through a service contract to Howey-in-the-Hills Service Company, which manages the land and harvests, pools, and markets the product. The service contract gave Howey-in-the-Hills "full and complete" ownership of the lands specified in the contract, leaving no right of entry or any right to the crop harvested. Land buyers had the option of making other service arrangements, but W. J. Howey emphasized the superiority of Howey-in-the-Hills service in his promotional materials.

The opinion of the Supreme Court stated that "an investment contract, for the purposes of the Securities Act, means a contract, transaction, or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party." This statement created the four criteria now used as the Howey Test:

• Monetary investment
• In a joint venture
• With the expectation of profit
• Derived from the efforts of others

which tokens and fiats are covered?

In the first phase (including the city of Dubai), the following will be covered: This phase will be used to analyze the capacity of the Paynette blockchain and address future shortcomings. After final approval, it will be available in other cities and countries with various tokens and currencies.

Other currencies and tokens covered will be announced as soon as possible.

decentralized cloud computing

Cloud computing refers to a computing infrastructure solution where resources such as data storage are provided as a service that can be referenced from anywhere in the world. The most common and widely accepted definition of cloud computing comes from the National Institute of Standards and Technology (NIST), which defines cloud computing as “a paradigm for providing convenient and on-demand Internet access to a set of applications." Networks, storage, servers, software, and facilities that can be released quickly, with little communication and oversight from the provider." The idea of cloud computing has revolutionized the way computing infrastructures are developed, deployed, and used by users, companies, and developers. Cloud computing has evolved and gained popularity due to its desirability. Features such as scalability and elasticity in both infrastructure and cost, with many providers offering payment methods rather than blanket pricing, and the increased security and data integrity that comes with cloud infrastructure

Decentralized storage has gained attention in recent years, and there are several options currently on the market. Most of these products rely on blockchain to support their storage strategies. The popularity of decentralized storage is increasing day by day. Instead of keeping data on a single centralized server, where it can be hacked or monitored, decentralized data storage provides resistance to censorship as well as a robust method of storing data online.

In cloud computing architecture, the fog layer and cloud layer can be redesigned, implemented, and executed in a decentralized manner.

web3 or crypto wallet (decentralized identity)

Crypto wallets, or Web3 wallets, are often considered simple digital wallets for holding virtual assets. However, they are more than that and play an essential role in accessing the various Web3 ecosystems.

Even though crypto wallets do more than just hold virtual assets, they still come equipped with everything you would expect from a simple digital wallet. They provide functionality to store digital assets such as fungible tokens and NFT (non-fungible tokens). In addition to holding assets, crypto wallets act as a gateway to the vast ecosystem of Web3 Dapps. As such, they open the door to the world of cryptography and enable you to interact with dapps, DeFi platforms, etc. on various blockchain networks.

interoperability

Today, in addition to serving as the foundational technology for digital currencies and money transfer (cryptocurrency), blockchains are a revolutionary technology in many different industries, such as tracking, supply chain, finance, and healthcare. are known As a result, there is a lot of fragmentation in the blockchain industry, and customers may be unwittingly stuck with incompatible technologies. However, functions such as the transfer of tokens from one participant to another and the execution of smart contracts can only be performed on a single blockchain, as interoperability between multiple blockchains is usually not foreseen in existing protocols and standards.

Interoperability between blockchains depends on the capacity of each blockchain to freely exchange data with other blockchains. For example, in a blockchain, every transaction is documented. If the recorded activity can be shown with a suitable interactive solution on another blockchain, the connection between the blockchains can be established. The routing protocol can expand the potential of economic activity from one chain to another, which is one of the main features of interoperability solutions in blockchains. The concept of a trustless cryptocurrency exchange, also known as an atomic exchange, is one of the first contributions to blockchain interoperability. Using atomic swaps, users of various digital currencies can exchange their assets in a trustless and atomic way. However, atomic swaps do not allow the transfer of a token from one blockchain to another, meaning that a certain amount of assets is destroyed in the source blockchain and the same amount is recreated in the destination blockchain.

router protocol

Router Protocol is a cross-chain interoperability layer connecting different blockchains. Currently, Router Protocol's infrastructure is live on nine different EVM chains: Ethereum, BSC, Fantom, Polygon, Optimism, Arbitrum, Avalanche, Aurora, and Kava. Router Protocol's current offerings are:

• Flagship DApp: Voyager provides any asset to any asset cross-chain swap.
• CrossTalk: Creates a communication layer for cross-chain smart contracts and enables use cases such as cross-chain lending, staking, etc.

key features

Users interact with a dPAP to send, receive, and track payments using web and/or mobile applications (e.g., for individuals, businesses, and financial service providers). The dPAP solution can be integrated with a crypto wallet, accounting software, financial data markets, and specific systems, such as e-commerce platforms or supply chain management software.

In dPAP projects, we usually implement solutions with the following set of features:

• Real-time payment processing: dPAP enables the almost instantaneous processing of all payments without the involvement of third parties. Transactions are processed 24/7, without interruption.
• Automatic recording: all transactions and data related to connected systems (for example, data related to currency conversion rates and payment documents) are automatically confirmed, time-stamped, recorded, and distributed in the ledger and are unchangeable.
• Ability to track payments: the distributed ledger enables dPAP participants to monitor all payment transactions in real-time and trace their end-to-end history.
• Full audit for payment-related documents: the dPAP records and stores data on all manipulations of payment-related documents (invoices, receipts, bills of lading, letters of credit, etc.), including details related to the creation, editing, viewing, and sharing of documents.
• Support for multiple currencies: dPAP can support seamless payment transactions in crypto and fiat currencies.
• QR code-based payments: make transactions easily and with minimal human error by scanning a QR code that can contain data about an encrypted wallet address and payment details.
• NFC-based payments: NFC is a wireless data transfer method that allows smartphones, laptops, tablets, and other devices to share data when NFC-enabled devices are in close proximity to each other.
• Biometric-based payments: biometric payment is a point-of-sale (POS) technology that uses biometric authentication based on the biometric characteristics of individuals to identify the user and allow funds to be deducted from the account. Fingerprint payment, palm scanning, and corneal scanning are the most common biometric payment methods.
• Smart contract-based automation: smart contracts act as rule-based instructions to automatically execute payment transactions pre-agreed upon by the transacting parties when certain conditions are met (such as payment to a supplier upon product delivery).
• Electronic signature of the transaction: each dPAP member has a unique digital signature to electronically sign transactions and prove ownership.
• Hashing: a hash value (a unique cryptographic identifier) is automatically generated for each data block in the dPAP network. If the transaction data is changed in one block, the hash values of all subsequent blocks are changed, indicating that the data has been tampered with.
• Security: user security is supported by multi-factor authentication, nested encryption of payment data, fraud detection algorithms, and more.
• Automatic KYC/AML verification: dPAP provides automated customer authentication in accordance with KYC/AML requirements, provides an immutable audit trail for all updates to customer information, and enables real-time authentication.

ownership and copyright

legal owner:

• the nette ecosystem.
  dubai, united arab emirates.

CEO speech:

I am thrilled to introduce you to Tradenette, a company built on innovation, dedication, and a vision for a better future. As the CEO, I am honored to share our journey, our mission, and our exciting plans for the future through this whitepaper.

Our Vision and Mission

At Tradenette, we believe in harnessing the power of technology to create seamless, efficient, and secure trading solutions. Our mission is to democratize access to financial markets, empowering individuals and businesses alike to achieve their financial goals with confidence. We strive to break down barriers and provide cutting-edge tools that make trading accessible to everyone, regardless of their background or experience. By leveraging automation and precision cooling technologies, we aim to deliver a platform that sets new standards in performance and reliability.

Our Journey

Our journey began with a simple yet powerful idea: to transform the trading landscape by leveraging the latest advancements in technology. Over the past few years, we have built a robust platform that integrates automation, precision cooling, and state-of-the-art security features. This journey has not been without its challenges, but our dedicated team of engineers, analysts, and innovators has worked tirelessly to overcome them. Together, we have created a platform that is not only powerful but also user-friendly, providing traders with the tools they need to succeed in an increasingly competitive market.

Innovation at Our Core

Innovation is at the heart of everything we do. From our intuitive user interface to our sophisticated trading algorithms, every aspect of Tradenette has been designed with the user in mind. Our research and development team is constantly exploring new technologies and methodologies to enhance our platform. We are particularly proud of our precision cooling technology, which ensures that our systems operate at peak performance even under the most demanding conditions. This commitment to innovation allows us to deliver a seamless trading experience, with unparalleled speed, reliability, and security.

Community and Collaboration

We understand that our success is deeply intertwined with the success of our community. That's why we are committed to fostering a collaborative environment where ideas can flourish, and innovation can thrive. We value the feedback and insights of our users and are dedicated to building a platform that meets your needs and exceeds your expectations. Our community is our greatest asset, and we believe that by working together, we can achieve great things. Whether you are a seasoned trader or a newcomer to the financial markets, we welcome you to join us on this exciting journey.

Looking Ahead

As we look to the future, we are excited about the endless possibilities that lie ahead. Our upcoming Initial Coin Offering (ICO) marks a significant milestone in our journey, providing us with the resources to further develop our platform and expand our reach. The funds raised through the ICO will be used to enhance our technology, improve our infrastructure, and broaden our range of services. We are also exploring new partnerships and collaborations that will enable us to bring even more value to our users. Our goal is to make Tradenette the go-to platform for traders around the world, offering the best tools, the best technology, and the best user experience. In conclusion, I want to thank each and every one of you for being a part of the Tradenette community. Your trust and support are the driving forces behind our success. Together, we can build a future where trading is accessible, efficient, and rewarding for all. We are committed to pushing the boundaries of what is possible and delivering a platform that empowers you to achieve your financial goals.

Warm regards,

Macen Moh
CEO of Nette Ecosystem

our subsidiary trademarks:

• tradenette - https://tradenette.com/
• paynette - https://paynette.com/
• coinette - https://coinette.net/
• nettescan - https://nettescan.com/

copyright:

Copyright, a type of intellectual property law, safeguards original works of authorship such as poetry, sample books, movies, songs, computer software, algorithms, and architecture, as well as literary, theatrical, musical, and creative works.
All contents (of any kind), trademarks, logos, and other materials related to the Nette Project and its subassemblies belong to Nette Ecosystem LLC and are protected by trademarks, copyrights, and other intellectual property laws.

© 2024 nette ecosystem. All rights reserved.
Copyright is applicable under our subsidiary trademarks.

the coinette™

The QUI (pronounced /koi/) or Coinette™ (pronounced /koinet/) is a utility token (a type of cryptographic token) to support the entire Nette ecosystem. The Coinette token (QUI) will initially be launched on the Tron blockchain with the TRC20 standard. During an initial exchange offering (IEO) scheduled for February 2024, it will be released with up to 300 million QUI tokens (about 139 million USDT).

All proceeds from the sale of the QUI token will be converted to one of the stable coins (preferably Tether USDT) and stored in the TRON network. As long as Coinette needs support, this process will continue.

utility token

The utility token has emerged as a vital tool for raising capital and financing crypto projects. While the traditional investment market usually lacks diversity and utility, the cryptocurrency market provides it all to investors and businesses. However, if you are new to the world of crypto investing, it is essential to understand the basic concepts of the subject to avoid future pitfalls. Some role of utility tokens are:

1. Access to services: The main role of utility tokens is to grant access to certain services or products on the blockchain platform. These tokens act as a form of digital currency that users can use to make payments and access functions offered by the platform.
2. Token creation: Utility tokens are created through Initial Coin Offerings (ICOs) or Token Generation Events (TGEs). During these events, users can purchase utility tokens using other digital currencies, such as Bitcoin, Ethereum, Tronix, or Tether.
3. Smart contracts: Many utility tokens work on blockchain platforms that support smart contracts. These contracts define the terms and conditions of utility tokens and ensure that they are used for their intended purpose.
4. Limited functionality: Unlike security tokens, utility tokens typically do not represent ownership in a company or share in profits. Instead, their value is tied to their functionality on the platform, and they are often designed to be used solely to access certain services.
5. Token exchange: Utility tokens can be traded on digital currency exchanges. The value of these tokens may fluctuate based on supply and demand dynamics, as well as the success and popularity of the associated platform.
6. Redeemable: Users can use utility tokens to pay for services or products on the platform. In some cases, holding a certain amount of tokens may also bring additional benefits or privileges.
7. Community participation: Some blockchain projects involve utility token holders in decision-making processes. Token holders may have voting rights regarding platform development, upgrades, or other governance-related matters.
8. Ecosystem growth: Functional tokens play a role in promoting the growth of the project ecosystem by encouraging users to actively participate. This can contribute to the overall success and sustainability of the platform.

why tron network?

Tron is a decentralized, open-source blockchain platform that has its own native cryptocurrency called Tronix, or TRX. Tron can run smart contracts, and it can be used to build decentralized apps. It has a lot of similarities with Ethereum, as it was an Ethereum-based token before building its own blockchain. Tron aims to help share digital content more economically by hosting a worldwide entertainment system. The software developers use the Solidity programming language to host decentralized entertainment platforms on the Tron network.

The TRON Virtual Machine (TVM) is responsible for maintaining the Tron ecosystem, which is very similar to the Ethereum Virtual Machine. This machine helps in providing an effective blockchain system. The TVM helps in executing smart contracts. It has a three-layer architecture that includes the storage, core, and application layers. The consensus mechanism used by Tron is delegated proof-of-stake. Using this technique, the users use their currencies to vote for the delegates, who take important decisions to operate the entire network. Super representatives keep track of the transaction history and validate transactions. They receive TRX coins in exchange for their services. Every three seconds, the blockchain acquires a new block. Those who add blocks get a reward of 32 TRX coins for their services. Additionally, smart contracts for Tron are written in Solidity and other advanced languages.

TRC20 token

The TRC-20 token standard is an open-source, decentralized, peer-to-peer protocol created to solve compatibility issues between different tokens and wallets. The TRC-20 token protocol enables the creation and trading of tokens on the TRON network. The protocol also enables the creation of smart contracts and decentralized applications on the TRON network. The protocol is designed to be scalable and allow the creation of high-performance DApps. The TRC-20 protocol is also compatible with the Ethereum network, allowing for the creation of on-chain applications.

• name: coinette™
• legal holder: Nette Ecosystem LLC
• goal: funding for projects through crowdfunding and a dedicated crypto token sale
  Projects that need to sell Coinette for development:
  • primary, paynette™
  • auxiliary, tradenette™
• abbreviation: QUI
• symbol:

• icon:

milestones

Milestones are specific results or goals that we aim for as part of our business strategy. That is, short-term, measurable goals to achieve our bigger goals. Good business milestones should include the following:

1. Measurable results
2. Expected completion date
3. Clear accountability
4. Budget allocation

customer 360°

Behind the scenes of most companies are people who never meet or have the opportunity to meet buyers; instead, customer service staff are in direct contact with buyers and hear their opinions and expectations. Customer loyalty is highly dependent on their experience with the customer service department. For this reason, many companies work hard to increase the level of customer satisfaction.

Therefore, customer service is the first priority in our organizational and business strategies. A dynamic and interactive web application that provides easier and more accessible support for all customers and enables effective 24/7 communication and the artificial intelligence used in our infrastructure allows for detailed analysis of defects and weaknesses to enable continuous improvement.

There are many reasons why businesses should invest in customer service. The following are just some of the main benefits of a well-implemented customer service program from our perspective:

1. Customer retention: The first and most obvious benefit of having a customer care service plan is keeping customers happy. This means listening to concerns, empathizing with them, and facilitating issues related to product availability, payment, returns, and technical support. Showing that a company cares keeps customers loyal.
2. Employee retention: Customer care service isn't just for customers. It also helps retain employees with the company. When customers are happy, employees are happy too. People tend to work in an environment that cares about their customers.
3. Troubleshooting and Solving: Businesses need to address their customers' problems. But companies that take a proactive approach do better. This means that it is important to communicate with customers before any problems arise. This shows that the company cares and goes out of its way to ensure a smooth customer experience.
4. Referrals: Consumers who have a good experience often pass that information on to others, whether through word of mouth to people they know, customer reviews, or social media. This often helps businesses generate new sales.
5. Strengthens the brand: Businesses that show consumers that they care through customer service help increase their brand equity. This also leads to more referrals and, as a result, increased sales.
6. Strengthens the brand: Businesses that show consumers that they care through customer service help increase their brand equity. This also leads to more referrals and, as a result, increased sales.
7. Corporate culture: Customer service allows businesses to streamline their workflows and promote collaboration between different teams. This includes communication between agents and managers, technical engineers, and production teams. All of this is to help companies achieve their goals of attracting and retaining customers and increasing sales revenue.
8. Competitive Advantage: Having a good customer service base differentiates the company from its competitors. This increases the reputation of the business as well as its brand value by showing consumers and competitors that the business values the relationships it has with new and existing customers.