Nano and Nexty. Are these the alternatives to real, practical cash? Let’s find out.
Blockchain is no longer a wonderful conversation! Bitcoin revolutionized the horses many of us have seen in currencies, accounting, remittances, and transactions. The beauty of all virtual currencies is that almost every single one of them tries to solve a problem. And this is where the coin of our interest, Nexty, operates. At the time of writing, the similarity of the Nexty platform will be compared to the Nano-XRB for a better understanding of this platform.
In very simple terms, the Nexty platform has been introduced as a transaction system that will eliminate the transaction fee concept while providing extremely fast transfers to make it easier for its users. In addition, transfers are extremely fast, as transactions do not require miners to confirm, as in the case of other virtual currencies such as Bitcoin, etc.
However, according to a white paper issued by the creators of Nexty, Nexty’s primary use is for start-up e-commerce businesses to help generate public funding. Since there are no deals, extremely fast transfers (2 seconds. And that’s quite real time) և confirmation fee, fundraising will be less difficult. The coin is surgically targeted at e-commerce stores as it will develop an ecosystem where these stores will accept NTY coins from buyers.
NTY’s underlying concept is to make everyday online trading a smooth experience. The team behind NTY consists of Blockchain developers and established marketers. Some of the team members have ten to 12 years of experience in complete package development and marketing.
Some of you might argue that Nano, formerly known as Railblocks, XRB, already performs the same functions as NTY. The XRB coin is a bit unique because it uses its own blockchain network data structures. As a result, each Nano account has its own blockchain, which reduces fast transfer delays. In addition, the XRB is energy-efficient and does not require a high-end GPU system for transactions. However, Nano does not have a smart contract capability. Smart contracts are for exchanging traders with any cryptocurrency. These contracts help to exchange cash, real estate, shares, or any tangible or intangible assets of financial value. Smart contracts eliminate the need for brokers, while our crypto transfers seamless asset exchange. Apart from this one difference, NTV և XRB (Nano) are more or less identical. Another powerful feature of the Nexty platform is that it integrates with existing e-commerce applications such as Joomla. According to the developers of NTY, the integration takes a maximum of 3-4 hours.
NTY’s supply-demand balance comes with a built-in smart betting platform. This program offers bonuses Next Nexty loans to buy, sell և keep. The system is designed for both investors and everyday users.
The potential of Nexty և Nano platforms is huge. Just imagine a world where crypto replaces regular wallets, Deals are fast. For example, if a shopkeeper accepts BitCoin, it may not deliver the goods or services to you until the transaction has been approved by a number of minors. And now imagine again how you pay for goods և services through currency, which is quickly transferred with zero transaction fees, regardless of any minor checks.