THE NEXT BIGGEST THING IN FINANCE
Technology is moving the world at blazing speed and we cannot afford to
step into the new day without finding out what the next big thing is.
You might have heard of driverless cars, facial recognition, robot
assisted surgery and a surge of inventions that escape our walls of
imagination. Just when it seems like the biggest thing has happened
already, something much more intriguing shows its face.
Can you imagine a system that allows you to receive money just as it was sent, at cost zero? This is the mantra of Nexty.
The Nexty platform is a system that has been designed to provide the
convenience we have been yearning for in a long time for our money
transfers.It introduces us to a future where we have the power to
control our transactions in realtime without going through the heap of
processes that banks and other traditional systems burden us with.
Interestingly, it does all that at very low fees. This is made possible
by a new system they invented called Duo Cryptocurrency Confirmation
System.
It is only prudent that we find out how Nexty stacks up with other systems.
NEXTY VRS EOS
EOS and Nexty have comparable speeds demonstrated by an average block
time of 2 seconds and equal average transaction fee of 0.00.
EOS boasts of 3000 transactions per second, 832,902,830 circulating
supply, and a market cap of $14,992,000,000 compared to Nexty’s 1800
transactions per second, 180,000,000,000 circulating supply and market
cap of $18,000,000.
Overall, Nexty’s possible swap with ethereum and its very low exchange price makes it worth the hype.
NEXTY vrs CARDANO
Cardano’s appeal would lie in the fact that it is open source else it is
not a match for Nexty. It demonstrates a speed of 20 seconds, fewer
transactions per second of 257, average transaction fees of 0.15USD, and
exchange price of 0.368. against Nexty’s 2 seconds, 1800, 0.00 and
0.0001 respectively.
At this stage, it is obvious Nexty has a some good medals to boast of
but the big question is why it should be in the news. Whilst technology
has been driving other sectors, its impact in finance has been near
absent. It is easy to blame the major stakeholders for not driving the
initiative or being resistant to change. However, it goes beyond that.
Usually systems don’t integrate well and innovations are not well
adapted for interdependence. We end up using several innovations to
perform the varied tasks our responsibilities require of us.
Unfortunately, when we have a technology we could use, a lack of
ease-of-use becomes a barrier. This is where Nexty steps in to lead us
into the future. It partners with stakeholders including established and
startup companies and it is designed to integrate well with online
stores including Magento, Woocommerce, Prestra, Opencart and Shopify.
This means that on one platform, you can make transactions with your
bank, favorite restaurant, hotel or pay for your vehicle ride.
Interestingly, it packs it all up in easy to use app for the everyday
person. This is Nexty’s biggest promise; make all transactions in one
place at the best possible convenience.
Nexty’s success is a blessing for us all: faster transactions at low
cost means good business and less frustration. Additionally, its added
promise of low volatility also augers well for investors.
Telegram: https://t.me/nexty.io
Website: https://nexty.io