What is Nexus? Nexus is a digital currency that solves many challenges of the future and begins the transition to a global digitalShow more [+] economy. The Nexus currency powers the new digital economy by providing fast, affordable, and secure payment channels that are easy to use and eliminate wasteful transaction fees. Nexus provides essential tools to embolden individuals and organizations to manage their finances with complete autonomy. Nexus is the next step in the evolution of financial freedom.
Nexus digital currency allows you to control your finances with complete freedom. Secured by Nexus’s quantum-resistant encryption, access to your funds requires a personal key that only you control, which grants access to your account from anywhere at anytime. There are no restrictions or limitations, no access charges or hidden fees, and no middlemen that can freeze or steal your funds.
Nexus digital currency is a global payment method designed with business needs in mind. There is no downtime, payments process within seconds, and payments received are spendable within 3 minutes. Most importantly there are no service fees or unexpected charges, which means you receive the full proceeds from sale.
Nexus’s blockchain-based technology is essentially an immutable distributed ledger secured across multiple servers. Every transaction ever made is recorded and stored, and can be reviewed transparently. This feature is useful as a receipt system, auditable financial record, or to enable investors or donors to track the use of their contributions.
The current financial system allows banks and other institutions to issue loans merely by crediting accounts on a ledger, maintaining only enough cash on hand for short-term needs. Bank deposits are similar in that they are simply a record of how much the bank owes its customers, and are not actually an asset in most cases. Nexus changes this paradigm of debt to one of prosperity by improving the cornerstone of blockchain technology: the immutable, distributed, and transparent ledger. The Nexus protocol ensures positive cash flow by preventing accounts from spending capital they do not have, and loans on the blockchain are only possible through the actual transfer of capital. The creation of new currency is capped at 3% per year, and is awarded in exchange for securing the network, rather than being issued by a central institution. Nexus is the future of value.