Novacoin NVC to TE-FOOD TFD Exchange

Crypto Pair Details: NVC to TFD

Novacoin NVC

Novacoin is a hybrid Proof of work (POW) / Proof of stake (POS) decentralized peer-to-peer cryptocurrency.The Proof of Work part of Novacoin is based on the Scrypt hashing algorithm. Proof of Stake contributes to the coins energy efficiency, as there is no need for nodes to contribute mining power to part of the money creation process. As of now, Novacoin is set to be capped at 2 billion coins. However Novacoin stated that the cap limit may be lifted if the situation requires it. It looks very much like a variation of Sunny King Peercoin.

TE-FOOD TFD

TE-FOOD is a food quality and supply ecosystem for emerging markets, which integrates food supply chain companies, consumers, and authorities into one traceability solution. It starts tracking animals at the farms, collects all logistics and food quality information, and follows them through processing, distribution and sales, right to the consumers. Started in 2016, TE-FOOD serves more than 6000 business customers, and handles 400,000 transactions each day.

SOURCE: COINGECKO

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