The Future Is Nano: The Future Is Now 1928

nano xrb future

Bitcoin is by far the most popular and most prevalent of all cryptocurrencies. However, like any first-generation technology, it is not without its problems.

As time goes on, the weaknesses of a Bitcoin-driven approach to cryptocurrency become more evident. Not only is Bitcoin mining rapidly becoming a serious environmental concern, but the fabled decentralization that is so key to Bitcoin’s most ambitious goals is being sabotaged by market forces who are trying to bring its titanic mining industry gradually under their control.

An Alternative?

Nano is one of the many cryptocurrencies to emerge in the wake of Bitcoin. However, what sets Nano (XRB) apart from the rest of the competition, is that it is the first cryptocurrency solely designed to work as an actual currency. Because of this approach, Nano is not faced with many of Bitcoin’s problems, or indeed those of other cryptocurrencies.

A future in which Nano is widely accepted and utilized as a payment option looks much greener, and much more fruitful, than that promised by Bitcoin.

Cheaper Commerce

Using conventional payment methods, many small businesses are faced with unsustainable charges for processing transactions that use a credit or debit card. Clearly, it is impractical for any modern business to not accept these payment methods. But as it stands, these charges can eat into a sizeable chunk of a business’ profits.

Nano is a peer-to-peer decentralized currency. This means that there is no one other than the payment sender and receiver involved in each transaction.

For a merchant running their own business, this means that they can freely receive Nano payments without having to pay fees to anyone.

  • They have the option of running their own Nano node, to ensure reliable network performance, but this isn’t a requirement as Nanowallets themselves act as nodes.
  • Even if a merchant chooses to use a node, they can be set up and run for as little as $5 a month, sometimes less.
  • The costs here are for renting a server and installing the lightweight Nano node, and they are a fraction of what even a small business will spend on payment processing fees every month.

If you are a customer, paying with Nano will be just as easy as paying with an NFC-enabled bank card. The advantage with Nano is that the transaction will process immediately, so you can avoid the dreaded delay in a transaction being reflected in your bank balance.

Instantaneous Worldwide Payments 

If you want to send money to someone in the same country as you today, this process is normally quite fast. If you are sending funds to someone who uses the same bank as you, this can happen instantaneously. But for many people, sending money from one bank to another, even within the same country, can take a couple of days to complete. (And that’s just for domestic transfers) If you want to send money internationally, you will have to contend with an even greater delay, and a number of fees levied by various financial institutions.

When you send Nano to another person, it doesn’t matter if they’re sitting next to you or hanging out on the other side of the planet.

  • Your transactions will always be near-instantaneous and feeless.
  • This makes Nano the perfect choice for making international payments.
  • Nano makes it viable to pay even very small amounts internationally. This could be a real game-changer for international commerce.

Whether you are sending or receiving an international payment, Nano offers significant improvements over conventional financial systems.

  • Small businesses would be able to consider outsourcing and hiring workers who can work remotely from overseas, without having to worry about the additional costs involved in traditional international payments.
  • If you are a homeowner with bills to pay, whether they’re utility bills or tax bills, having an instantaneous payment method affords you much more flexibility when you need to make a payment.

Decentralization

As a truly decentralized peer-to-peer currency, Nano would allow people to turn their backs on the monolithic financial institutions which many have come to distrust. This decentralization would offer unprecedented freedom for businesses, individuals, and society as a whole.

One of the less-appreciated effects of this is that it would massively decrease bank fraud.

  • With no need for online banking accounts, and no central institution holding your money, fraudsters would no longer be able to impersonate your bank or try and gain access to your account.
  • Your private key grants access to your wallet should you lose it, this is the only piece of information relevant to your Nano wallet, and there is never a reason to share it.

Cryptocurrencies are undoubtedly here to stay. The promises they offer are hard to ignore, but just as hard to deliver on. With Nano, there is a realistic chance of achieving mass adoption and all the benefits that come with it.

What are your thoughts on Nano & the future of cryptocurrency payments?

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How FUSION’s (FSN) Blockchain is Taking Over the 300 Trillion Dollar Financial Industry 3644

Blockchain technology may have an impact across numerous industries but it is poised to change the way we think about Finance in the most profound way.

The incumbent capital finance system is structured around large institutions and regulatory bodies that serve as the trust layer to ensure the security and fluidity of financial systems. But this is set to change, with blockchain technology achieving inherent trust where previously a rent-seeking intermediary was an essential and unavoidable cog in the system.

The opportunities that emerge from the Digital Economy are significant, and Fusion is going to be at the centre of this transformation. The Fusion protocol provides the infrastructure for the financial applications of the future that many businesses and institutions are looking to build.

FUSION (FSN) has three key features that elevate it above other smart contract platforms targeting blockchain finance.

  1.     A feature-rich ecosystem for modeling time-based transactions relevant to many industries, starting with debt instruments, entertainment licensing, asset rentals and more.
  2.     A fully realized interoperability and distributed custody solution that connects different on-chain and off-chain ecosystems and serves as the foundation for decentralized exchange.
  3.     A team with deep traditional finance and technology experience focused on solving real-world use-cases in a flexible and adaptive way.

Ledger Nano X Review – Don’t Buy Until You Read THIS! 3609

ledger nano x

The Ledger Nano X Crypto Wallet is officially out and just like previous Ledger products its main goal is to protect your BTC, ETH, XRP as well as a growing number of other cryptocurrencies from hacks, theft, and shady exchanges. Gone are the days of awkward paper wallets. You can now store and interact with your crypto coins and look cool while doing it! (The Ledger Nano was featured on the hit TV Series “Billions”).

ledger nano billions

Now, is the Ledger Nano X worth it? I mean you can buy the Nano S for half the price of the “X”, but before you do that there are some key differences that you need to consider. With that being said, here’s everything you need to know before you buy the Ledger Nano X.

The Ledger Nano X Buyers Guide

When you hold the Ledger Nano X in your hand the first thing that immediately jumps out is the newer, larger display within the brushed stainless steel finish. The improved screen size and navigation improvements are palpable. Going through the settings and navigating makes managing your wallet a breeze.

So far this feels like one of the most intuitive user experiences to date with the Ledger Nano S, coming in at a close second. You get two buttons, one screen and that is all you really need to control your device. The Ledger Nano X was stripped down to the bare essentials and it definitely works nicely.

nano x ledger

Say “Goodbye” to Cables With the Nano X

Ledger has been using the slogan “Protect your crypto assets anywhere go”. There’s a good reason for that! The Ledger Nano X is now bluetooth enabled. This means that you can connect it to your smartphone with Ledger Live Mobile app and safely transact anywhere. All Bluetooth communications are encrypted end-to-end to protect against any security threat. This is in a lot of ways is a real game changer and one of the strongest reasons to get the Nano X – mobility.

Save 50% on Ledger Nano S – Take advantage and order now – Official Ledger Store.

nano x mobile

More Cryptocurrencies

The Ledger Nano X can store up to 100 applications at the same time, including Bitcoin, Ethereum, XRP and many more. Manage all your assets on the same device, at the same time.

Improved Security

Your crypto assets stay safe even if you lose your device. Simply use the 24-word recovery phrase provided during the initialization of your device to restore your accounts on any Ledger device. The Ledger Nano X offers state-of-the-art security: your private keys are safely isolated inside the device’s certified secure element (CC EAL5+), the same chip used in highly secure applications such as credit cards and passports.

Is the Ledger Nano X Worth It?

ledger nano x worth it

With the Nano X, Ledger has managed to prove once again that hardware wallets can be pushed farther, made more accessible as well as user-friendly. While functionally similar to the Nano S, the Nano X stands out with its innovative new features, improved security, and slick stealth design. If you haven’t yet invested into a crypto hardware wallet or are just looking for a backup, the Ledger Nano X will serve all your crypto safety and storing needs – in style! Take advantage and order now – Official Ledger Store.

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