The entire network operation and management is performed by the network itself. There are people in this picture Nesten was launched in California to change the wireless landscape. There are people in this picture The financial architecture of the network is based on the New Internet of Things token, NIT. One billion NIT was created at the beginning with most of the amount reserved for the functions of the company. NIT is completely convertible to other forms of currency on the European exchange. There are people in this picture Proof of Authority consensus is a reputation-based consensus algorithm in which transactions and blocks are validation by industrial-grade server owned and managed by rigorously-vetted stakeholders. There are people in this picture The company's patent-pending shared parking and advertising solutions are already implemented using the network's own coin wallet and modular payment system to easily integrate NIT payments with application software.
