We are heading into a time where all payments are made; without using cash, from anywhere, at any given time and without paying for transaction fees.
Cryptocurrencies are now popular, a few of them promise to have payment systems that can bring provide payments without cash, send money from anywhere and no transaction fees. These other platforms have succeeded in doing - but only in parts – no one has been able to create a full payment system that integrates all these benefits in one package… until now.
There’s no point imagining any longer because the future is here and it’called Nexty. It supports all kinds of businesses, no matter how large or small they are, the Nexty platform overcomes all the barriers associated with trading to make the future possible today.
We decided to compare and contrast Nexty Coin Vs Etheruem
Block Time: The Average Block time for the Ethereum is 15 seconds, which is very impressive when you consider the total speed, but the Nexty Coin Platform has an Average Block Time is 2 seconds which is a faster element the Nexty Platform brings to the market.
Transaction per second: The average transactions per second on the Ethereum platform is 20 transactions but on the Nexty platform has an average of over 1800 transactions every second, so there’s a lot more usage for the platformTransaction Fee: The Average transaction fees for the Ethereum platform is 0.19 USD but for the Nexty Platform is absolutely 0 USD.
While all this is incredible, a few people might be skeptical and start wondering how come Nexty can pull this off?
With the growth of technology in every sector, people are becoming more aware and more tuned into information technology products and this will continue to grow in the nearest future. While this growth is advantageous and positive for the economy, it presents some new challenges that we can no longer avoid.
Take the banking sector, for example, the difficulties that are associated with international-payment have become weighty to the industry. The system takes such a long time (between 1 – 3 days) depending on the type of transfer before the recipient gets the money.
And with these challenges come high transaction fees and the security risk of identity theft that are associated with credit cards and online payment systems.
While cryptocurrency has been deemed a worthy savior to the looming problem we face, it hasn’t really solved any of these problems. Most cryptocurrencies that were able to achieve close-to-instantaneous transfer times within seconds of the transfer being made were able to do so at their early stages.
As these companies began to grow in size and users, their platforms became slower to use and all of a sudden, payment fees started to increase and were relatively-high in comparison to traditional money transfer systems.
Nexty has addressed all of these issues by building a platform that is both incorporates instant transfer and has the technology to be sustainable over time and guarantees zero fees on each transaction.
Here is some real life application for the platform
• Fast: Nexty was designed to replace the slow transaction speed of traditional methods, it works best if you are trying to send money quickly.
• Low Fees: Nexty rates are extremely low for its users compared to traditional methods.
• Commitment to privacy: With Nexty you can use your MasterCard to do quick transactions, with other private options such as Apple Pay and Google Tez.
• Easy to use: Nexty is very easy to use for even a beginner.
• Low volatility: There are no fluctuations on the network
