One of the major problems existing in the crypto world is an inability to have your transactions transferred without queues and with zero commission fees. Right now businesses of all sizes and regular users lack convenient payment methods for transferring cryptocurrencies with instant speeds and absent exchange fees.
Fintech and IT spheres are booming nowadays, the conventional banking system is getting more vulnerable to attacks and has high commission fees. The cryptocurrency industry is in its early stages of development right now and many companies strive to get their place under this profitable sun fighting for the long-term investment interest.
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Most difficulties are happening in the sphere of international payment. Additionally, the period of each transaction can very from 1 to 3 days (not even hours!). Surely, it is simple unacceptable for cryptocurrency users who seek the methods different from traditional banking methods.
Another problem is that the conventional payment tools and services face huge barriers – poor security and high transactions fees. Especially, when it comes to online credit cards and ecommerce payment systems where the Internet sites still use the services of middlemen.
The Nexty platform is going to solve all these problems and offer a few unique services with unprecedented vision.
The revolutionary vision of the Nexty platform on the specific example
Let’s take a closer look at the Nexty perspectives on the exact example (based on the whitepaper).
1) The first case – payment for rent
Meet Sarah. She is an intern who came from a small town to a big city. She is going to rent an apartment owned by the landlord named Tom. She in contact with him by her phone. Sarah received the apartment’s location and photos on her phone. Instead of using conventional banking accounts, she transferred the rent’s deposit to the Tom’s account within the Nexty platform. On the “X” day, they conclude the digital contract offered by the Nexty’s third-party partners. To do this, Tom has to scan the unique secured QR code to his phone. The following steps are made automatically. Sarah’s daily payments are performed via the Nexty’s ecosystem – she pays with NTY tokens online in restaurants, shops and when taking a taxi from work to home. All she needs to do is to scan the QR code generated by Nexty.
2) Business payments
Meet Harry – a proud owner of a small business that imports high-quality veggies from other countries to the U.S. market. Each time he needs to process an international money transfer to his partners abroad, Harry has to do this beforehand and pay high commission fees. After registration on the Nexty’s platform, Harry gets rid of these problems. He can quickly transfer money to partners all over the world, with 100% guarantees. Harry and his partners can also sign up a digital contract to legally transfer all payments related to their common business.
Interesting fact: in the next few years, the Nexty team is going to collaborate with crypto-friendly banks and issue their own MasterCards to let customers pay traditional credit card merchants simply with the card’s swipe. Also, the Nexty platform is going to support Google Tez, Samsung Pay and Apple Pay.
https://nexty.io/
https://t.me/nexty_io
https://facebook.com/nextycoin
https://twitter.com/nextyio
https://bitcointalk.org/index.php?topic=2498919
https://nexty.io/nexty-whitepaper.pdf
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