<h2> This publication is a requirement to participate in the @originalworks contest. </h2>
**Previous:**
> For the first time I do a previous because I am a grateful person, and as I have always said I am very grateful with @originalworks because they have been of great help to me, not only economically, they have helped me to grow in the way in the writing my publications, In addition, I participated with you in shipchain, Streamity, Clearcoin, Lympo, Dogezer, Crafty, Elementh, On.Live, Alttex and of course I could not miss the current one: NEXO. Thanks @originalworks because in every intervention you have never left me with empty hands, maybe you think that you give me little but with your contests you help us grow, and you help a lot to this community. Thanks @unprovoked

[NEXO](https://nexo.io/)
![](https://steemitimages.com/DQmVppnXShDhE8eJh5shvAsNo2qDf9j8Bm58EwecVQSmdJv/image.png)

* PROBLEM 1
Money has always played an important role in our society, a concept in which having something of value gives us the ability to acquire something of equal or lesser value, receiving a difference in the second case. The problem with things of value is that **everyone** wants to have them, that includes both honest people who work to get them, and even dishonest people who apply cheating and even violence to get what they want. In this way, the first problem for the society regarding the possession of good things: **THE CRIME**. If you had a large amount of gold, for example, you could not walk freely with it without running the risk of being taken by a malevolent by force. In order to mitigate this inconvenience.

http://www.elportal.com.do/wp-content/uploads/2018/02/Atracador.jpg
[PICTURE](http://www.elportal.com.do/wp-content/uploads/2018/02/Atracador.jpg)

* SOLUTION 1
The first solution emerged: Money, we started to create coins and bills that represent a value, they are easy to carry and a bad guy will not know you have them unless he reviews you, it reduces the risk of being robbed through the use of physical violence.
https://upload.wikimedia.org/wikipedia/commons/thumb/6/63/USCurrency_Federal_Reserve.jpg/199px-USCurrency_Federal_Reserve.jpg
[PICTURE](https://upload.wikimedia.org/wikipedia/commons/thumb/6/63/USCurrency_Federal_Reserve.jpg/199px-USCurrency_Federal_Reserve.jpg)

* PROBLEM 2
The money in physics ceases to be useful when the person you want to send it to is thousands of kilometers from you, with the arrival of the internet everything began to be digitized, the communications gained wider reach, then I could be in NewYork and send my son to study in london, then I would communicate with him by email, and he could send him messages, but if he needed money for an emergency he could not send it to him instantly.

* SOLUTION 2
To solve this problem a totally innovative and very useful idea emerged, taking advantage of the advantages of the internet and communications, **the banks created for the clients tools for that their can to use your funds all the time**. The transfer of money electronically, the use of debit cards and credit cards, the implementation of these tools brought great advantages to the human being and minimize the risks in a big way, because it was not necessary to carry objets the value all the time, And they can also give instant mobility to your money.

https://lacalle.com.ve/wp-content/uploads/2017/09/TARJETA-.jpg
[PICTURE](https://lacalle.com.ve/wp-content/uploads/2017/09/TARJETA-.jpg)

* PROBLEM 3
With the new ability of people to mobilize their money over long distances through the internet, online stores emerged, it is something innovative because you can buy from home, but again began to appear malechores, people who cheat others online, posing as sellers of a product or service providers, but to receive your money disappear with him, this brought great mistrust in society regarding purchases online
https://steemitimages.com/0x0/http://efectococuyo.com/wp-content/uploads/2017/01/estafa-800x563.jpg
[PICTURE](https://steemitimages.com/0x0/http://efectococuyo.com/wp-content/uploads/2017/01/estafa-800x563.jpg)

* SOLUTION 3
The arrival of blockchain technology and the appearance of cryptocurrencies has created a new concept of digital assets, the blockchain technology provides a robust security to the point that a large number of applications have been created for this, not only for cryptocurrency data base , but for inventory data base, among others of which I want to highlight the intelligent contract, a mechanism by means of which the seller of a product does not receive the money until the buyer is satisfied, in this way the transaction is 100% safe for both parties, as the buyer must pay before receiving the product, only that the payment is not received by the seller until the buyer receives the product.
https://dweaay7e22a7h.cloudfront.net/wp-content_3/uploads/2018/01/blockchain-650x360.jpg
[PICTURE](https://dweaay7e22a7h.cloudfront.net/wp-content_3/uploads/2018/01/blockchain-650x360.jpg)

* PROBLEM 4
Cryptocurrencies have not been fully accepted by government agencies, so there is no bank where you can deposit them, nor is it possible to go to any store and buy with them, it is always necessary to convert them into their currency equivalent that can be used In the real world, there is a huge variety of cryptocurrencies, and it is possible to convert them into common currency, but this has two drawbacks:
     
 > 1.  The high commissions that must be paid to convert them, you do not really receive the equivalent of what you have, you must pay for the conversion.
> 2. The time it takes for the conversion. Cryptocurrencies change constantly in value, a transaction that takes a long time to complete may include large losses because it is exchanged at a price but it is likely that when you receive another price that generates losses.

<H2>FINAL SOLUTION</H2>
![](https://steemitimages.com/DQmTRDfcjn2zFQfrNKHXVqoaQSdVk53mWFxDtQLWpMP1szD/image.png)

CREDISSIMO, using the experience gained during its long history in the matter, has created NEXO, a platform that offers the ease of using its cryptocurrencies in the real world without inconveniences or hidden commissions. It is practically the equivalent of a bank of cryptocurrencies, but with the availability of your market value to be used anywhere, just deposit your cryptocurrencies in your wallet offered by the platform and ready, without waiting or hidden fees, instantly get all your funds. You can buy what you want where you want because you will not pay with cryptocurrencies but with money in USD EUR, and the amount will be deducted from your wallet as if it were a bank account. For me it represents a solution that I will definitely use.

<h2>How it work?</h2>

"Step 1: The customer transfers Crypto Assets to the overdraft account
A potential client transfers encrypted assets to your Overdraft Wallet. Once the relevant blockchain confirmations for the respective cryptographic asset are received, the Nexo Oracle automatically calculates the Overdraft limits and instantly configures the overdraft.

Step 2: The customer receives an instant overdraft in USD or EURO
The Overdraft limit is available instantly by bank transfer or the free Nexus credit card. Depending on their needs and circumstances, customers can choose the most convenient way to use their cash, as well as the currencies in which they would like to receive the funds. The overdraft limit is based on the market value of the cryptography assets in the Overdraft Portfolio. If the cryptocurrency is appreciated in value, the Nexo oracle increases the overdraft limit.

Step 3: The customer repays the overdraft
Customers can pay their flexible overdrafts in multiple ways: by bank transfer, fiduciary or cryptocurrency. Special discounts are granted on interest rates to those who choose to make payments with NEXO tokens. A third option is to pay by partial sale of the encrypted assets (BTC, ETH, etc.) in your Overdraft Wallet. In addition to flexible repayment options, Nexo does not require any minimum monthly reimbursement, as long as the outstanding balance is within the available overdraft limit. Once the refund is received, Nexo Oracle registers the transaction in the blockchain and instantly updates the overdraft limits.

Step 4: Remove Crypto from the Wallet overdraft
If the encryption assets in the wallet meet the required limits of the outstanding overdraft balance, customers may withdraw part or all of the excess amount at any given time. Once the overdraft is fully reimbursed, customers can withdraw all the encryption assets in the wallet."
[Nexo WhitePaper](https://nexo.io/assets/downloads/Nexo-Whitepaper.pdf)

![](https://steemitimages.com/DQmZEvjzb6ATEsUVUS1xdXqcuQvKdTPK1oBZsho4FtPAqs9/image.png)

**ADVANTAGE**
* Immediate availability of your money, to use anywhere.
* Possibility of moving your cryptocurrencies with you making them available in the form of a fiduciary currency.
* Reduce the exchangers costs you are accustomed to cancel for the conversion of currencies.
* Eliminates the losses caused by the long delays that occur during the conversion of cryptocurrencies
* Security and reliability with the use of blockchain technology and the implementation of intelligent contracts.
* Tranquilidad al saber que es una herramienta potente desarrollada por expertos con una experiencia amplia con el nivel y la calidad de CREDISSIMO

Put at your fingertips the links with all the available information and an instructional video, and invite yourself to a part of being innovative, the first of its kind.

https://youtu.be/iM3yAk8NQLM

* [Nexo Website](https://nexo.io/)
* [Nexo WhitePaper](https://nexo.io/assets/downloads/Nexo-Whitepaper.pdf)
* [Nexo YouTube](https://www.youtube.com/channel/UCDMuAzBypoeEV9i6v-dmQwA)
* [Nexo Medium](https://medium.com/nexo)
* [Nexo Facebook](https://www.facebook.com/NexoFinance)
* [Nexo Twitter](http://twitter.com/NexoFinance)
* [Nexo Telegram](https://t.me/nexofinance)

nexo2018
https://steemit.com/cryptocurrency/@originalworks/280-steem-40-bonuses-sponsored-writing-contest-nexo

https://steemitimages.com/0x0/https://steemitimages.com/DQmeZC3YXj8wTGU6M9dvhoJ7jRdihz1WxUXugkQwjgwoLRJ/Pie%20de%20post.jpg