NXT provides an operating system for on-chain trade, coordinating orders, contracts, payments, and liquidity on a single programmable layer. It transforms trade operations by encoding contracts into self-driving engines that automate execution and reduce costs. The platform ensures atomic settlement and provides a shared, verifiable source of truth for all trade participants.
Funding
$8.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Current methods for tracking product lifecycles lack transparency and efficiency, leading to complexities in supply chain management. This opacity hinders the ability to monitor product performance and environmental impact effectively, reducing trust and accountability among stakeholders.
Solution
Nexity Network leverages blockchain technology and digital twins to establish a transparent and efficient ecosystem for tracking products from production to recycling. By creating digital representations of physical assets, the platform provides real-time data on product performance, provenance, and environmental footprint. This approach enhances trust and accountability among manufacturers, retailers, and consumers by offering a single source of truth for product-related information. The network aims to streamline supply chain operations, improve sustainability practices, and foster a circular economy.
Target Audience
The primary target audience includes manufacturers, retailers, and consumers seeking greater transparency and efficiency in product lifecycle management, as well as investors interested in supporting sustainable and circular economy initiatives.
Features
- Blockchain-based tracking of product lifecycle events, ensuring data immutability and transparency
- Digital twin technology for real-time monitoring of product performance and environmental impact
- Enterprise Twin Network for scalable deployment across various industries
- Commerce Portal offering interactive and augmented shopping experiences
- Smart Tags for brand authentication and personalized ownership experiences
- Green Points system to incentivize sustainable practices