THE FUTURE OF DAILY TRANSCTIONS IN THE NEXTY PLATFORM

andycapable (38)in #airhawk-kproject • 6 years ago (edited)

When it comes to processing transactions, intermediaries such as banks have been traditionally seen as a necessary nuisance: in reviewing and authorising payments, they have provided a vital service. But depending on where payments are made, where they’re being sent, and the amount being sent, this can take some time: international transactions in particular can take up to three to five days. Employing payment tools such as credit cards and online payments has over the years encountered big barriers in terms of transaction costs and system security. It’s a real pain point for consumers,
Blockchain technology has helped alleviate these difficulties. This decentralised, digital distributed ledger technology can log any payments made without the need for an intermediary. This means faster transaction processing and lower transaction fees.
That said, we are not yet at the point where blockchain transactions via the use of cryptocurrencies such as bitcoin, etherum e.t.c can render a completely zero transaction cost at an extremely fast transaction in seconds even though cryptocurrency has been seen by many as the prevalent solution to eradicate the backlogs in slow transactions. Although looking at the crypto market, we would notice that cryptocurrencies has reduced the settlement time of international payments to near-instanteneous threshold but gradually getting slower every day because of the influx of new users on a daily basis.

WHAT IS NEXTY
NextyCoin is a cryptocurrency for future payment that would be completely different from the traditional payment transactions. It combines zero cost of transaction at an extremely fast transaction speed of 2 seconds compared to other cryptocurrencies.

The context of Nexty being a future payment refers to when people can make any purchase without cash, anywhere, at any time and without any transaction fees. There are lot of growing cryptocurrencies that help to build such payment method, but none of them have completed so far.
Nexty is planned to support all forms of business as well as overcome shortcomings in tradings.
Five important elements of a payment system of the future
• Fast
• Low fees
• Commitment to privacy & confidentiality
• Simple to use
• Low volatility

KEY PROS OF NEXTY AS A PAYMENT OF THE FUTURE
Nexty through nextycoin will provide instant form of payments
Nexty transactions will be made at zero cost
It will provide a price stabilized system

FEATURES OF NEXTY
Nexty is a dual cryptocurrency confirmation system (DCCS) made up of parallel and peer to peer networking. Nexty in general is a combination of an Ethereum open source and a Proof of Foundation (PoF) consensus algorithm.

*Smart staking program
Nexty Smart staking program is a part of Price Stabilization System which provides flexible bonus to nexty (NTY) holders and allow its investors to make additional amounts of nextycoin to their asset for periods of time. There are three types of staking programs, these programs target to short-term, middle-term and long-term effect, respectively with durations ranging from 7-day, 30-day, 90-day, 360-day period
*Integrate your business with Nexty
Nexty is working on building a secure payment gateway for Nexty ecosystems. Online or retail stores will have extensions available if they use popular store systems such as Magento, Woocommerce, Prestra, Opencart, or Shopify, while other systems require only 4 to 8 hours to integrate.

NEXTY TOKEN DETAIL
Nexty Specifications
Coin name: Nexty
Abbreviation: NTY
Algorithm: PoF
Total coin supply during ICO: 11,000,000 pNTY (110,000,000,000 NTY)
Pool for Smart Staking: 4,000,000 pNTY
Dev & Team: 2,000,000 pNTY
Marketing: 1,000,000 pNTY
Minimum stake age: 7 days
Maximum stake age: 360 days
Block spacing: in 2 second

Nexty token is currently traded on Idax exchange with nty/eth trading pair

NEXTY ROADMAP
Ultimately, with the various features of nextycoin will provide an easy means of transaction for its users. Efforts are ongoing all aimed at making the nexty platform environment best in comparison to other existing platforms. Conclusively, I can rightly say the future of the Nexty ecosystem has come and it is very clear from my point of view, with the application o Blockchain for transaction, Investing in Nexty will secure your future Transactions. Why wait, act now for the Future of speed at no cost is here with maximum security of funds.