Have you ever imagine doing a cashless transaction; a transaction in which you will not pay with cash? You may say yes, you have done it before using POS, but what about the transfer fee and the issue of delay of transaction?
Although the technology of blockchain and cryptocurrency has given birth to lot of developments in the financial sector, yet there are still some potentials of this technology pertaining to financing, most especially the Banking sector, which have not been fully implemented it. One of such potentials is the transferring of money and cryptocurrencies from one account to another without paying transfer fee. The system of money transfer is faced with some challenges like late completion of transaction. For instance, a Father transferred money to his son in school, who has already been waiting to receive a notification for the sent money. But to a very great disappointment, the transaction was not completed until the following day. This issue of timing sometimes make online transactions discouraging and frustrating. Another issue that need to be address is the insecurity of online transactions. Virtually most of the online transactions are vulnerable to fraud and cybercrimes. With these challenges and some others in view, Nexty has emerged to give appropriate solutions.
WHAT IS NEXTY
Nexty is a Fintech ecosystem developed for the purpose of reforming and developing e-transacion processes through the integration of blockchain technology. With nexty, the following features will be unfolded in the online transactions:
ZERO TRANSACTION FEE: The present time transaction and money transfer system is characterized by the payment of transaction fee, irrespective of the type of transaction. But with nexty, online transaction system is moved to an advanced method in which transactions will be done without paying any extra fee.
FAST AND INSTANT COMPLETION OF TRANSACTIONS: via the next platform , there shall be rapid and accurate completion of transaction. The rate of transaction will be increased to over thousands of transactions in 2 seconds.
IMPROVED SECURITY AND PRIVACY: The platform ensures the safety of users' private data and of the transactions done. It will give no chance to fraud and any other type of security threat.
In addition to the above mentioned features, Nexty will provide a simple and reliable means of online transactions, the platform also have a Dual Cryptocurrency Confirmation System (DCCS) and Proof of Foundation (PoF) which are used to manage the token system of the platform and also allow the implementation of the unique feature; zero transaction fee.
The platform was designed in such a way that anyone who don't even have any blockchain technical knowledge can access it and carry out certain activities. It allows the transfer app to be installed on mobile phones, thereby making it accessible at all times and in all places.
The platform also have a token which consist of two type namely the NTF and NTY,and functions differently. The NTF is used for confirmation of transactions while the NTY is the Cryptocurrency of Nexty platform, the NTY token also have resistance to unstable exchange rate, For more information about nexty refer to the links below.
Roadmap:
Telegram Group: http://t.me/nexty_io
Follow on Twitter: https://twitter.com/nextyio
Follow on Facebook: https://www.facebook.com/nextycoin/
YouTube: https://www.youtube.com/channel/UCrwJTPycPiDm5-m__7tvfsw
Website: https://nexty.io/
Whitepaper: https://nexty.io/nexty-whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2498919
Bitcointalk username : Moore234
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1755292;sa=summary