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Venezuela
2 Level
86 Review
264 Karma

Review on Nxt by Eve Vallenilla

Revainrating 4 out of 5

maximizing the potential of blockchain technology

img 1 attached to Nxt review by Eve Vallenilla

Do you want to take your company to the next level? Do you want your business to be at the forefront of blockchain technology to maximize each of its processes? For each and every one of these questions Nxt has an efficient solution.

Nxt is a multifunctional ecosystem whose purpose is to expand the capabilities of using blockchain technology, in such a way that functional and effective applications can be designed from it for each company, institution or particular case.

What makes this ecosystem attractive?

There are many reasons offered by the Nxt platform that prove the trust of its users. Here we can highlight the most relevant:

• Facilitates the integration of blockchain solutions within any organization, company or personal case, both in public, private or hybrid networks. This gives you the freedom to create and deploy non-custodial applications on any platform.

• In this ecosystem converge at least three second generation technologies (Ardor, Ignis and Nxt) that set the standards in the blockchain industry

• Flexibility: It uses the Java programming language, which is globally recognized by developers and experts in blockchain technology. This facilitates the development of multiple solutions thanks also to its open source coding and its ability to be integrated into any chain

• It makes efficient use of energy by using the PoS consensus protocol, which does not require complex computer equipment, in addition to offering a reasonable level of security

• Ability to design tokens and manage cryptographic protocol exchanges within the same native platform, using linked orders within the network

• It has experience as a stable platform for the management of transactions and security against failures and attacks

• Offers the flexibility to tokenize any type of asset, according to the criteria of the issuer, even allowing the payment of dividends

We can conclude that Nxt is an ecosystem committed to growth and innovation that seeks to set the standard in the digital industry, through the application of blockchain technology in any case.



Pros
  • Facilitates the extensive application of blockchain technology in a wide range of cases
  • Provide records of an unalterable nature
  • Allows asset management without the need for third-party mediation
  • Provides an asset trading platform in a transparent manner
Cons
  • No disadvantages

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