Press release: Nxt, the second-generation cryptocurrency platform launched in November 2013, has just established the non-profit Nxt Foundation. Nxt’s conference partnerships, built-in cryptocurrency (NXT) and the overall Nxt-based ecosystem are also experiencing rapid evolution and growth.

Nxt is pleased to announce the recent incorporation of the non-profit Nxt Foundation in the Netherlands, and sponsorship of upcoming high profile payments conferences PayExpo 2015 and Mind the Gap Expo. A number of tech start-ups harnessing the unprecedented features of Nxt are also emerging; as Nxt’s new multisig technologies – Voting System and Phased Transactions – are also due to be demonstrated soon. For well over a year, Nxt’s broad and active community of developers and builders have been working to perfect the system. The Nxt platform offers simple yet powerful features, bringing a wide range of solutions to enable businesses to harness the benefits of blockchain technology.

Versatile tech

Nxt’s Asset Exchange (which can be seen as an implementation of the ‘Coloured Coins’ concept) has proven to be very popular, allowing businesses and other ventures to raise and distribute capital using a crypto-based platform.

Similarly, the Nxt Messaging System, which facilitates data transfer and storage, is being taken up as a means of creating a long-anticipated Smart Contracts implementation by www.smartcontract.com.

Additionally, Nxt’s newest major startups are building Decentralised Business Networks, frameworks for using Nxt like Jay, security systems to work with Nxt like the Keystash Project and much, much more.

Nxt Foundation

Last month, Nxt Foundation was incorporated as a non-profit trust based in the Netherlands. The Foundation will act as a front-end organisation for support, promotion and education on all aspects of the Nxt ecosystem, partnering with the leading Nxt resource site Nxt Inside.

Crypto conferences

Nxt Foundation will be representing Nxt at the Mind the Gap Expo, for which it is the Platinum sponsor, together with Manx Telecom and 44Phones.

In June, Nxt will also have a strong presence at PayExpo 2015, where it is the official cryptocurrency partner. Nxt representatives will deliver PayExpo’s keynote speech, explaining how Nxt and its associated systems can play an important role in the development of financial services. There will also be a cryptocurrency seminar, focusing on educating mainstream financial professionals about the potential uses of the Nxt platform.

Upcoming features

At these events, which are taking place both within and outside the traditional cryptocurrency space, Nxt will showcase its upcoming Voting System and Phased Transactions – a more powerful version of multisig transactions.

As always, these systems will be easy to combine with any of Nxt’s already active features and will add to the family of modular transactions that Nxt supports.

If you are interested in using Nxt for your business or would like to integrate Nxt into your current systems, please contact Bas Wisselink at the Nxt Foundation ([email protected]).

For more information please go to: www.nxt.org

Media Contact:

Name: Bas Wisselink, Nxt Foundation Director

Email: [email protected]

Phone: +31 (0)6 13937762