The Nxt Monetary System allows you to create and trade user-defined Tokens called Currencies.
Currencies are a specific class of Asset which have several extra parameters, such as the ability to back them with the NXT crypto-currency to stabilise their value.
The Monetary System allows an individual or project that needs a digital currency to quickly create one ‘off the shelf’ and then immediately begin using it, taking advantage of the established Nxt blockchain, software and network.
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