Blockchain has become one of the most popular buzzwords of the last couple of years - its fantastic set of features, the advantages it incorporates and its complexity has resulted in an increased number of fans, from all over the world. However, the number of projects that have succeeded to bring this technology into our day-to-day lives, relevantly and tangibly, are very few. So, when a new decentralised blockchain based platform catches our attention, we should do a short evaluation of it by asking a set of simple questions: is it changing the way we interact/is it helping the economy/is it going to transform our daily tasks? The platform we are going to talk about today manages to accomplish and even exceed these minimum requirements, authentically and complexly. Find out all about this project, the advantages it offers to companies, banks and individuals, in today’s article.
Discover Nihilo - 3rd generation cryptocurrency
This virtual coin aims to facilitate instant payments made between individuals (or individuals and businesses) and is designed to function in a public and open-source blockchain. This alternative payment solution requires no intermediaries and is enabled through the third generation of PoS blockchain algorithm.
Nihilo Coin - part of an elaborate licensed banking system and a component of various platforms
The value of this virtual coin lies in its multiple future applications - in fact, it’s important to mention that the Nihilo Coin’s features can significantly influence business and individuals alike. For example, Nihilo has obtained approval to integrate its currency into several banking and financial services (both traditional and crypto solutions); for some banks, the licensing is still under process. What does this mean? Nihilo Coin will be used for accounts opening, wealth and asset management, trade finance, venture capital, custodial services or regulated bonds; moreover, it will be a viable option for ICO management, ESCROW services, crypto exchanges and custodial services. In other words, this coin will support all types of blockchain based project that operates in FinTech and Open Banking domains, by providing a secure and stable currency that functions as a unit of account, store of value and digital means of payment.
Learn more about this dynamic ecosystem and the current status of this stage, in this image:
Understanding the Nihilo Decentralized Marketplace
A very significant component of the Nihilo ecosystem is also the Nihilo Marketplace (NIHL-D-MKTP), a promising technology that launches the web 3.0 marketplace. This innovative online commerce platform is meant to compete with some of the most significant e-commerce giants of today.
What does it offer?
- Direct peer-to-peer interactions
- Quicker payments processing times (less than 1 second)
- Blockchain technology
- Search engine optimised pages
- A master node system and rewards (users that host and process the transactions will be repaid for their effort with directly proportional commissions)
What makes this project even more trustworthy?
Nihilo has partnered with EST CAPITAL AG - a renowned Swiss financial intermediary business that enables better connections between the traditional finance industry and crypto.
Want to learn more about Nihilo?
Go the https://www.nihilo.space/ to discover all about this next generation decentralised blockchain financial system, browse through the whitepaper or meet the project’s team.