What Is SXAS?

nexuslabs (40)in #blog • 7 years ago

Can a Cryptocurrency actually be used to solve some of the world’s most intractable problems?

SXAS is —

Scarce: The supply of SXAS is tightly controlled and highly predictable. The issuance of new SXAS can only be triggered by market demand.

Fungibile: All SXAS are considered equal.

Divisible: SXAS is currently divisible up to 6 decimal places. At an exchange rate of $100 this is a divisibility down to $0.0001.

Durabile: SXAS is completely digital, so it will not degrade with use. Moreover, WAVES Wallets wallets can be easily created and assets moved to prevent file corruption.

Transferable: SXAS can be transferred, securely, affordably and almost instantly to anyone with an internet connection.

Portable: SXAS scales exceptionally well for larger quantities since it is completely digital. Anything from $0.01 to $1B can fit on a flash drive.

Difficult to Counterfeit: It is cryptographically impossible to counterfeit a SXAS.

Widespread Use: SXAS has been engineered to be used by anyone to quickly, easily, affordably and securely pay for anything they need anywhere across the globe.

Verifiable Authenticity: Specialized software can identify SXAS units on the WAVES blockchain.

Nonconsumable: Oil, for instance, cannot function as currency because because it is a consumable commodity. SXAS, on the other hand, is not.

So, what is SXAS?

SXAS is 21st century currency for the world of today and the one to come.

When underprivileged communities start using it to build their own economies from the ground up, they’ll finally have the means to obtain all of the goods/services they need to elevate their standard of living and dramatically improve their quality of life.

With their basic standard of living met and the conditions for starvation, malnutrition, disease, potable water shortage, inadequate sanitation, homelessness, deficient housing, illiteracy, overcrowding, civil war and even terrorism finally eliminated, we have a better world for all.