Roger Ver Joins Advisory Board of Nexinter Exchange to Launch Its NIXT Token on Bitcoin Cash Blockchain

NextHash, Nexinter exchange and Bitcoin.com have entered a technical partnership to design and structure the NIXT utility token.

NIXT token is being listed in its fully operational exchange Nexinter on top of Bitcoin Cash, using the Simple Ledger Protocol (SLP) framework. The Simple Ledger Protocol whitepaper was published last July and the project launched in August 2018.

NIXT token is being launched as part of the ongoing IEO by Nexinter, that is a global digital trading Exchange that belongs to NextHash Group. NIXT token holders will receive the immediate utility to trade digital assets at discounted fees, get a branded debit card and more importantly they will be able to participate in private placements of Digital Security Offerings.

Private placement of digital securities, is the early step for investors to buy a new category of digital asset called "tokenised stocks" at the best possible market price before trading occurs. Throughout the Nexinter IEO, anybody that holds NIXT token will be allowed to join at early stage into Tokenised stock offerings. Only KYC and AML are required, because compliance is of utmost importance at NextHash and Nexinter.

Bitcoin Cash token-issuers greatly benefit from SLP because the token system does not interfere with the BCH chain’s consensus rules. SLP tokens and their transactions have metadata attached to them, which gives greater data transparency and verification.

Roger Ver Has Joined the Advisory Board of Nexinter

As part of the partnership, Roger Ver, Executive Chairman and Founder of Bitcoin.com and industry expert, has agreed to join the Advisory Board of Nexinter to oversee and facilitate the launch of the NIXT utility token on top of Bitcoin Cash.

Daniele Mensi, CEO of Nexthash, commented on the partnership: “We are very excited to partner with Bitcoin.com, being among the first to leverage the great potential of SLP-based token because our priority is to pave brand new avenues of customer interactions being focused on compliance and transparency. We believe SLP is the perfect framework to start delivering this promise on our NIXT utility token and we are very excited to work together with Roger and the rest of the Bitcoin.com team!”

About Bitcoin.com

Bitcoin.com is a company that provides Bitcoin Cash (BCH) related services across various premium world wide web domains including but not limited to Bitcoin.com. It has lately launched its own exchange that predominantly trade BCH and BTC, and launched a world class mobile wallet to allow immediate payments by crypto across retails stores of many countries.

Bitcoin.com PR: https://news.bitcoin.com/nixt-nexinter-exchange-offering/

About Roger Ver

Roger Ver is the first investor in bitcoin and bitcoin-related startups and an early promoter of bitcoin. He has been known as "Bitcoin Jesus" for his prominent support of bitcoin adoption. He is one of the most influential industry leader and now chairman of Bitcoin.com.

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The Coronavirus Outbreak Is Delaying China’s Digital Currency Research

China’s research into the launch of its own digital currency has reportedly been delayed over the coronavirus outbreak, which according to recent data has infected over 81,000 people worldwide and claimed the lives of 2,765.

According to the Global Times, an anonymous source close to the matter has detailed that the outbreak forced several government institutions to slow down. The source was quoted as saying:

The coronavirus outbreak has led to postponed work resumption in government institutions, including the People's Bank of China (PBC). Policymakers and research staff involved in the DCEP project are no exception, which weighs on the development process.

Commenting on the case the CEO of a Shenzhen-based blockchain firm involved in the launch of the digital currency, Shentu Qingchun, noted the People’s Bank of China, the country’s central bank, was expected to make an important announcement during Q1 of this year.

Qingchun added, however, there’s only a month left and as such “chances that the announcement could be made on time are slim.” The currency, called Digital Currency Electronic Payment (DCEP), is still being developed and officials are discussing scenarios in which it could circulate as cash.

The source noted that the digital currency could still be launched on time as the central bank has “abundant talent” that can help it deal with the delay in research. Per Shentu, since the DCEP is a digital currency it would help reduce hand-to-hand contact among individuals, which has helped the coronavirus outbreak spread. As such, policymakers could give the DCEP more attention.

The Global Times’ source added that research into the DCEP has “achieved fruitful results” and that it’s close to an end. The central bank’s research institute, per the report, has applied for 65 patents involving digital currencies, while its institute of printing science and technology has applied for 22.

Featured image by Floriane Vita on Unsplash.