Nexty Platform –Bringing the Future of Payment Systems to the World

pannonemoll (25)in #nextyplatform • 6 years ago

Nexty Platform –Equipped with Features to Address the Flaws of Current Payment Systems

Transfer Instantly with Zero Transaction Fee Using Nexty Platform
With the advancement of information technology, the banking system is bringing various innovative features to its users. However, the cumbersome banking system is still using the traditional payment, using which, users face several difficulties, especially when making international payments. Though the Bitcoin and Blockchain technologies appeared with an aim to minimize the dependency on cash for transactions anytime, anywhere, the Nexty platform is bringing a payment method that caters to the needs of future payment means.
The Need for a Convenient Payment Method
The current banking system is lagging behind in terms of speed of advancements in the information technology era. A major drawback in the system is the implementation of traditional payment systems, like bank transfers, use of credit cards, and online banking. These systems involve a number of barriers, restricting users to seamlessly use the services, like:
• Long payment time, usually 1-3 days depending on the form of transfer
• High transaction fee
• Security risks involved with these systems
Though Cryptocurrencies like Bitcoin have emerged to solve these issues to some extent, offering near-instant transfer speeds, the systems are slowing down with the rise in a number of users. On the other hand, these involve relatively high payment fee, adding a barrier to their use for everyday transactions.
How Nexty Platform Solves the Problem?
The Nexty foundation has released a new system, which could become the future of the payment industry, minimizing the security risks involved alongside reducing transaction fee and transfer time. Nexty is not only targeting individual users for payment transfers but also planning to integrate with business partners to establish a convenient payment system.
Post ICO success, Nexty has planned to build an active service network connected to its system. Among the various partners, there will be start-up businesses that will be using the token system from Nexty to call for capital investment and funding from investors. The superior features offered by theNexty platform are based on the 5 elements of future’s payment systems, like:

Fast Transfers
Low (or zero) transaction fee
Low Volatility
Easy to use
Privacy & confidentiality for user data
Nexty vs Other Blockchain Technologies
Nexty is far superior than other blockchain Cryptocurrencies, in terms of the algorithm deployed, average block time, time per transaction, and more. For instance, when you compare and contrast Nexty vs Cardano, you will find the former better, with:
• Nexty deploys the POF algorithm along while Cardano follows POS algorithm
• Nexty deploys DCCS (Dual Cryptocurrency Confirmation System) for added security of transactions
• Nexty has 2 second average block time, allowing 1800 transactions per second with 0 average transaction fee.
• On the other hand, Cardano’s average block time is 20 seconds with a provision for 257 transactions per second and a US $0.15 average fee per transaction.
Thus, listed on Idax exchange, the Nexty platform will be available as fully open source in August, with a current exchange price of 0.0001 and $18 M market cap.
Benefits of Investing in Nexty ICO
Investors joining Smart Stalking will be conditionally granted NTFS, a very rare coin. Only NTF holders can equip machines for transaction confirmation & mining, and earn a high income every month via transaction confirmation systems. Also, investors can buy NTY at a price lower than the cost when the listing was started on exchanges.