Author: gunner719 - https://bitcointalk.org/index.php?action=profile;u=1964273

The groundbreaking advance of cryptocurrency - Bitcoin and its blockchain technology have established a new age affecting not only the digital but also the physical world. Opportunities are created to modernize the way many important remittances are transferred across borders. People can now send funds to their friends and relatives internationally without any restriction or much loss to giant firms.

Unfortunately, some severe problems still remains: The transfer fee and speed.

• The transfer fee: Still, with all the technology advancements, the global average cost of sending money has become such an vital issue that even the Sustainable Development Goals set by the United Nations has put up a target of reducing it from the current average of 7.4 percent of the sum being transferred, to below 3 percent.

• The transfer speed: Regarding the conventional transfer, it takes days for a fund to move from the sender to receiver, which is such an obvious pain point that I don't want to analyze any further. (I'll mention the performance of some cryptocurrencies below)

But if Nexty is wide-implemented, those problems could be totally solved.

Then, what is Nexty?

Nexty is a blockchain project that provides senders and receivers with zero-cost and instant money transfer on a global scale while maintaining a sustainable network that constantly and financially motivates transaction validators to do their jobs. To achieve this, they came up with the Dual Cryptocurrency Confirmation System (DCCS). In this system, there 2 cryptocurrencies: NTY and NTF. NTY is used for all the transfers and smart contract establishments while NTF is rewarded to all computers connected to the Nexty blockchain network performs the task of validating and relaying transactions. And if those computers' owners hold the NTF they got, they would receive an amount of NTY monthly with the rate decreasing from 0.5%/month to 0.1%/month. Though the rate would decrease, the total value that NTF holders receive still rises since the total NTY's quantity increase by PoF and NTY's value goes up thanks to the platform growth.

The concept to leverage the blockchain technology and eliminate the role of intermediate parties to reduce fee and increase speed, is not new. Yet the thing here is that none of them truly reach Nexty's level of performance thanks to their innovative DCCS. Here are the comparisons for your review:

You see, many popular blockchain projects like NEM or XRP or LTC are recognized by a lot of people, but they haven't actually reached to Nexty's capabilities, which is why I mentioned that they had poor performances.

And for those who doubt the correctness of these comparisons, you would be persuaded by this video:

Ultimately, the Nexty team which consists of experts and experienced specialists coming from different fields, has a prospective vision for this project.

They envision NTY to be the future daily payment method on an international scale. And in order to achieve that, they leverage the rise of Fintech and e-Commerce companies in this 4th Industrial Revolution so that their NTY coin would be the native payment for those enterprises' platforms at first, and later on, after a long enough adoption, become the global currency.

For now, the NTY is only tradable on IDAX by using ETH. But the team dropped a hint that they could be in a negotiation with a big exchange coming up in this June. And it has already passed half of the month, you be quick to grab some before it skyrockets.

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