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About NEX

Nash is building a platform, tools, and services for people to manage their Crypto and fiat assets from a single screen. We envision a world where self-custody and decentralization exist in parallel with traditional banking services and payments, a world where individuals can fully control and manage their finances. Nash products include: A registered fiat on/off ramp; a self-custody, decentralized Crypto wallet and Exchange with access to multiple platforms and thousands of tokens; a DeFi powered high-yield savings accounts; a Euro IBAN account; a Crypto Credit Card; and the revenue sharing NEX token.

Nash (NEX) is a cryptocurrency launched in 2019. NEX has a current supply of 50.00M with 42.69M in circulation. The last known price of NEX is 0.113755120707 USD and is -0.01414159443 over the last 24 hours. It is currently trading on active market(s) with $4,214.55 traded over the last 24 hours. More information can be found at https://nash.io/.

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NEX Price Statistics
NEX’s Price Today
24h Price Change
-$0.0141415944311.06%
24h Volume
$4,214.550.14%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.000867841199
Market Dominance
0.00%
Market Rank
#1557
NEX Market Cap
Market Cap
$4.86M
Fully Diluted Market Cap
$5.69M
NEX Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
NEX Supply
Circulating Supply
42.69M
Total Supply
50.00M
Max Supply
50.00M
Updated Dec 01, 2024 3:17 pm
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NEX
Nash
$0.113755120707
$0.01414159443(-11.06%)
Mkt Cap $4.86M
There's nothing here for now
BIS And Central Banks Discuss Legal Issues And CBDC System Design
BIS And Central Banks Discuss Legal Issues And CBDC System Design
According to Odaily, the Bank for International Settlements (BIS) and several central banks have recently published a paper addressing legal issues and the design of Central Bank Digital Currency (CBDC) systems. The participating central banks include the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve Board, the Swedish Riksbank, and the Swiss National Bank. One of the key debates highlighted in the paper is whether CBDC systems should adopt a centralized or decentralized model. In a two-tier system, one option is the hub-and-spoke model, where updates are controlled by the central bank, but data ownership is decentralized. Alternatively, a peer-to-peer design could be implemented, allowing shared update permissions. The paper notes that centralized systems tend to have weaker resilience due to single points of failure, which could become bottlenecks. However, the authors do not consider it appropriate to decentralize the core settlement authority of CBDC systems. In a modular design, core settlement can remain centralized, while other aspects, such as identity, can be decentralized. Privacy is another significant issue facing CBDCs. While existing technologies can achieve privacy, newer privacy-enhancing technologies (PETs), such as Secure Multi-Party Computation (SMPC) or Zero-Knowledge Proofs (ZKP), offer greater flexibility. However, based on the experiences of two central banks and the BIS Innovation Hub, there is skepticism about whether PETs are ready for real-time execution, given concerns about their complexity and reliability. The paper also explores other topics, including cybersecurity, offline CBDC functionality, and compatibility with existing point-of-sale systems. These discussions are crucial as central banks worldwide continue to explore the potential implementation of CBDCs, balancing innovation with security and privacy considerations.
Dec 01, 2024 2:53 pm
BIS and G7 central banks discuss CBDC system design: New technologies such as zero-knowledge proof can provide greater flexibility for achieving privacy
BIS and G7 central banks discuss CBDC system design: New technologies such as zero-knowledge proof can provide greater flexibility for achieving privacy
The Bank for International Settlements (BIS) and central banks recently published a paper on legal issues and the design of CBDC systems. The participating central banks include the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Board of Governors of the Federal Reserve, the Swedish Central Bank and the Swiss National Bank. One of the debates is whether the CBDC system adopts a centralized or decentralized model. In a two-tier system, one option is to adopt a hub-and-spoke model, where updates are controlled by the central bank but data ownership is decentralized. Or a peer-to-peer design can be adopted, with shared update permissions. The paper points out that centralized systems are less resilient, have single points of failure, and may even become bottlenecks. However, they do not think it is appropriate to decentralize the core settlement power of the CBDC system. In a modular design, the core settlement can be centralized, while other aspects (such as identity) can be decentralized. In addition, privacy is a big issue facing CBDC. While privacy can be achieved using existing technologies, some newer privacy-enhancing technologies (PETs), such as secure multi-party computation (SMPC) or zero-knowledge proofs (ZKP), can provide greater flexibility. However, based on the experience of two central banks and the BIS Innovation Hub, they are not yet convinced that PET is ready and question its real-time execution capabilities, complexity and reliability. Other topics explored in the paper include cybersecurity, offline CBDC and compatibility with existing point-of-sale systems.
Dec 01, 2024 2:50 pm

Frequently Asked Questions

  • What is the all-time high price of Nash (NEX)?

    The all-time high of NEX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Nash (NEX) is 0. The current price of NEX is down 0% from its all-time high.

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  • How much Nash (NEX) is there in circulation?

    As of , there is currently 42.69M NEX in circulation. NEX has a maximum supply of 50.00M.

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  • What is the market cap of Nash (NEX)?

    The current market cap of NEX is 4.86M. It is calculated by multiplying the current supply of NEX by its real-time market price of 0.113755120707.

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  • What is the all-time low price of Nash (NEX)?

    The all-time low of NEX was 0 , from which the coin is now up 0%. The all-time low price of Nash (NEX) is 0. The current price of NEX is up 0% from its all-time low.

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  • Is Nash (NEX) a good investment?

    Nash (NEX) has a market capitalization of $4.86M and is ranked #1557 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Nash (NEX) price trends and patterns to find the best time to purchase NEX.

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