NEXTY - solution to transaction problems.

Right from the beginning of human existence , performing transactions has always been one of the most engaged activities, Starting from when they have to exchange goods for goods due to lack of currencies, this continues until the evolution of currencies ranging from coins to paper money. The evolution still continues until banks were invented, banks work pretty fine, virtually everybody uses bank, but the banking system is not completely efficient, most at times transactions takes days before execution, ranging from the problem of network connection during operation especially in developing countries to lack of transparency as well as risk of privacies.

The problems encounter by banks leads to the development of blockchain platform, the blockchain was created to correct all the problems encountered in finance as well as other field of human activities.

With the features of blockchain, it suppose to be the platform everyone ever ached for. The system started working with full prospect which leads to it's adoption by many platforms across many fields. Due to the high adoption of blockchain, transaction has becomes a lot more slower leading to high cost charges for it to be processed. Imagine spending 10$ as transfer charges just to make a transaction worth of 20$.

In order to tackle the problem associated with blockchain platforms, group of blockchain and cryptocurrency experts comes up with an innovative platform called NEXTY

read more about the project below.

NEXTY is a Fintech ecosystem that aids and supports e-commerce and technology startups to raise funds from community. This Nexty platform is the only platform that supports zero transaction fees. Nexty has a cryptocurrency named NTY with various features which are dominant.

UNIQUE FEATURES OF NEXTY PLATFORM

1. Instant Transfer: The Nexty platform has been created with great feature to enable Instant transfer thereby processing transactions within few seconds. Let's take the instance of making transaction with bitcoin, i've experienced a scenario where i have to transfer some bitcoin to the person i was transacting with, but unfortunately as usual, the network was clogged due to high traffic and the transaction had to pend for 2 hour which leads to lack of trust and doubt of i actually made the transfer. The time taken to process a transaction is one of the factors which determines the prospect of a project or a business. Nexty is designed to process transactions with the speed which no blockchain platform has ever been designed to.

The image below shows the speed at which nexty platform processes transaction

2. Zero Transaction Fees: People are always having double thoughts when ever they want to make transactions, the banking system is not more a place to walk into confidently when you need to make international transactions because of the arbitrary charges imposed on making transactions. Most cryptocurrencies today are nothing to write home about too when it comes to transaction charges, imagine spending nearly half worth of when transaction just as a fee.

For all these reasons, Nexty platform is designed to operate on zero transaction fee as charges. Isn’t it interesting making transactions without paying a fee?

3. Stabilization System: The Dual confirmation system also helps for price stabilization . Nexty creates an amazing ecosystem and with the help of this system if NTY increases, the value of NTF would also increase.