Cryptonic Intelligence- Solution for handling multi-currency coins in the crypto world.

The current banking practice inherits a substantiate trust and reliability for the cross-border transactions electronically, and this phenomenon is well established for decades. Taken one step ahead, it encourages to have an additional extra edge for a customer by making use of plastic money in the form of cards like Visa/ Masters etc which are accepted worldwide. Moreover, in the unlikely hood, this money can be withdrawn instantly or exchanged for a favorable return. However, the lack of transparency for how decentralized digital currency flows and potential manipulation of figures, makes this a higher risk option.

A bitcoin currency, with distributed ledger database around the world, written into a block and recorded on the blockchain, run by bitcoin enthusiasts for a tamper-proof solution, of providing minimum 51% of nodes validating the transactions and increasing the reliability is evolved by address this burning problem of building a reliable bridge between traditional banking and crypto finance e- Platform within Nitro Center X ecosystem.

Coin Anatomy

Online banking account in the cryptocurrency world referred to as a ‘Wallet’ which uses secure digital codes to access currency address in a Blockchain. This storage of multi-currency bitcoins as an offline reserve can be stored using smartphone devices to avoid the threat of getting exposed over the internet. For example, dedicated cold storage wallets such as Trezor, KeepKey.

However, retrieving these long-term holdings require access over the internet making vulnerable to cyber crimes and often tend to be time-consuming. Furthermore, the security of these wallets become a sensitive concern. By increasing the multiple layers of encryption called “ Double -Encrypted “ provides a sense of security for users to store cryptocurrency over smartphones.
Adoption of crypto currencies into the everyday life as a stability fund for real-world application is enhanced by using Monitoring Policy offered by Artificial Intelligence, which made a decentralized exchange broadly acceptable. LAX price volatility is protected, and increasing LDM with LTP (decentralized trading platform) for exchanging and trading any currency coins portable.

To Began

There is a two-fold increase recorded in digital cryptocurrency wallet as a result of the number of transactions performed from the year 2014 till date with an average annual growth of 22.4 million. Looking at this pace, the projected score shows a further increase of about 500 million wallets by 2023, which will store around USD 4 trillion. approximately hence making it extremely striking and more promising.

NitroX provides 2-Encrypted keys using Artificial Intelligence monetary algorithm, over encrypted 2nd tier for restore on blockchain’s network once users create an account and an e-wallet on smartphones using this cold wallet. This approach of Nitrox wallet having built-in NFC chip allows owners of cryptocurrency to invest money for a credit transaction in form of tokens of wider range exchange companies without additional charge across multi countries for goods and services.

Some of the benefits which are entailed here are

● Secure and Reliable

World-class safety features are introduced with advance technology methods while transmitting data for user identification and encryption.

● Support multi-currency with broader financial services.

It provides storing various crypto currencies including ERC20 tokens with a single user-friendly interface, with high-quality financial services and zilch commission rates on performing exchange transactions of sale and purchase manageable. Organizing an automatic decentralized exchange inside the wallet based on Graphen Blockchain protocol mitigate the risk of entrusting third-party services (exchanges etc) without the need of transmitting private keys over the internet, thus increasingly the reliability.

● User support 24*7
A transparent automated solution for storing smart contract’s address provided by ICO company reducing the threat of cybercrimes by altering the user for authenticating ICO address hence increasing secure interaction between ICO provider and potential users. It uses the analytical skills inbuilt to enhance the services which assist users in effectively managing their finances like alerting the user on new prospects, increase and decrease of cryptocurrency valuation promptly designed based on individual needs.

Use of consensus protocol based cryptocurrency wallets with AI is revolutionizing the smartphone industry (Android or IOS) not only for facilitating transaction or trades but adding an additional edge of mining the user efficiently with areas to invest on or perform withdrawals, by receiving advance alert mechanism.