About NuChain
Key Fundamentals
What is Web3?
Web3 is the next generation of the internet powered by blockchain, enabling users to own their data, interact in a decentralized way, and transact without intermediaries. It aims to create a user-controlled internet
What is a Blockchain?
A blockchain is a decentralized digital ledger that records transactions across multiple computers, ensuring secure and transparent transactions in Bitcoin and Ethereum. It uses cryptographic techniques to link blocks of data together, making it resistant to tampering.
Blockchains Use Cases
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Government |
Community |
|
· Reserve Bank of India : CBDC · Govt of India (TRAI) : Messages and · Calls on blockchain · Govt of United Kingdom: GovPay (subsidies) |
· Ethereum: smart contracts · Bitcoin: Exchange and store of value · Ankr blockchain enables sharing of unused computing power |
What is a Validator?
Blockchain essentially is a record of transactions, thousands and millions of transactions takes place, which need to be validated for authenticity before it is recorded on the blockchain.
Incentives for becoming a Validator:
Validators are typically incentivized to perform their duties correctly through rewards, these incentives are designed to ensure that validators act in the best interest of the network's health and security.
Types of Validator:
Operations Commenced On 2024
Franchise Commenced On 2024
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 00 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 00 - 000 Sq.ft
Detailed operating manuals for franchisees Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
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