Launched in 2013 and coded in Java, NXT is a multi-functional blockchain platform designed to be a launch pad for individuals and businesses alike. NXT is an open-source platform that allows users to create applications and other assets on the network, and the currency is in turn traded as a form of payment within the platform. NXT is the intellectual property of Jelurida BV, a corporate entity of developers that is also involved in other similar projects like ARDOR, which followed NXT. Projects operated on the NXT platform vary from decentralized microblogs to asset-based marketplaces.
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