NEXTY: Blockchain Platform For e-commerce and retails

in #airhawk-project6 years ago (edited)

PicsArt_06-25-01.53.30.pngAs Technology continues to advance we no longer need to go to banks before we transfer cash or make payments. You can just easily use your credit or debit card or better still you can use your mobile banking app. But there are some major setbacks that are facing this system. In a traditional system money remittance takes more time especially when it comes to international payments. Users would have to wait for about a day or even three, there is security issues and a high transaction fees. This lead to the creation for cryptocurrency . We were hoping that cryptocurrencies will to solve all this issues, but as we see today it hasn’t. At first cryptocurrencies were able to solve some of these problems, but as time elapses due to tremendous increase in the number of users, transaction confirmations became very slow. And furthermore the transaction fees are relatively higher than the old payment methods. This is were Nexty come in.

WHAT IS NEXTY?
Nexty is a fintech ecosystem which helps e-commerce and innovation startups to generate financial resources from the community.

WHAT MAKES NEXTY DIFFERENT
Fast Transaction: Nexty can process upto 1800 transaction per second as contradicting the normal blockchains 7-20 transactions per second. This means there is no hold up in your transactions. Every transactions will be processed fast and smooth.
Zero transfer fees: With the increase in transaction fees of major cryprocurrencies, Nexty processes all transactions for free.
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THE RISE OF FINTECH AND WHAT NEXTY WILL DO
Since the internet revolution and the mobile internet revolution, however, financial technology as grown explosively. Now there are broad varieties of technological interventions applied into personal and commercial finance. However this growth needs a currency platforms that offers fast transactions and low transaction fees. This can be met with the introduction of a duo cryptocurrency confirmation system.

DUO CRYPTOCURRENCY CONFIRMATION SYSTEM (DCCS)
This system includes two different cryptocurrencies NTY and NTF operating in parallel. NTY will be used in the normal day to day transactions, while NTF will be used for transaction confirmation system.
Apart from NTY being the primary cryptocurrency used for the day to day transactions. Holders also earn the right to vote for NTY currency decisions in the future
The NTF holders only will be given the priviledge to build minning and confirmation machine for NTY. Also NTF holders will receive a particular percentage of NTY generated by the Proof of Foundation(PoF) every month.

SMART STAKING PROGRAM
To regulate the price of the token, the nexty team introduced the smart staking program. This program is able to inspire holding, selling and buying of NTY thereby regulating the demand and supply of the market. This program enables NTY holder to earn more tokens by simply holding NTY either in a short time or a long term run. There are only Three staking programs available.
7 – days staking
30 – days staking
90 – days staking

To be able to get your bonus, holders needs to hold their NTY in the Staking wallet. And within 7 days after the staking period , your bonus will be added to your wallet.
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NEXTY EXCHANGE LISTING:
Nexty has been officially listed on IDAX exchange with a 24hrs Volume of $483,510. You can trade NTY for ETH or BTC on IDAX.
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NEXTY ROADMAPPicsArt_06-25-01.50.36.png

For more information visit :
👉🏻 Website: https://nexty.io
👉🏻 Facebook: https://www.facebook.com/nextycoin/
👉🏻 Telegram: https://t.me/nexty.io
👉🏻 Twitter: https://twitter.com/nextyio
👉🏻 Bitcointalk: https://bitcointalk.org/index.php?topic=2498919.0
👉🏻 Whitepaper: https://nexty.io/nexty-whitepaper.pdf

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Having zero fee transaction is a welcome development and nexty has taken the lead.

Nexty will be one of the most promising platforms in 2018. The features are above the roof.

Nexty is a great platform that will be of help to e-commerce platforms. Nice article

Insightful, I find it interesting to see a blockchain focused at delivering in a areas where traditional banking payment systems and first generation blockchains lagged in delivery. I think a much scalable blockchain capable of handling thousands of transactions per second with minimal to no transaction charges is truly a positive development step towards blockchain wide-spread use. Thanks for sharing this informative piece

Nexty instant Transaction at absolutely no fee is wow. they are going to do pretty good with the right team commitment

The next token has mind blowing features that are get to be found co-existing in any other token

Well written article. This is a great project. Am filling my bags more

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