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PDingus

02/19/21 8:53 PM

#11606 RE: glens0 #11602

Moreover, NXTD isn’t only active in mobile security, it’s an active player in the cryptocurrency industry, helping to make cryptocurrency more feasible. You see, you can’t go into any store you want to and buy products and services with cryptocurrency.

While some businesses do accept it as a form of payment, cryptocurrency is largely held by investors and those that want to go against the grain set by centralized currency. NXT-ID is aiming to change that with its subsidiary, FitPay.

FitPay creates contactless payment devices for Bitcoin owners. When used, these devices convert bitcoin into fiat currency, making it possible for Bitcoin owners to use their cryptocurrency in stores.