NIRX Block Payment Systems (NairaX) is developing the first crypto-payment processor usable across major eCommerce platforms on the globe. Our professional globally compliant AI system built in line with versatile security standards, will link businesses and services together by exposing businesses to one another on a global scale. Our system will allow businesses transact with our asset “NIRX”, other cryptocurrencies and FIAT on the local level.
NairaX is legally backed by FIAT, precisely the Nigerian Naira (NGN) on a 1:1 ratio; this insures retention of NIRX value as a stable backed coin. The model we employ, will virtually erode disadvantages posed by conventional inflationary models that utilize FIAT as the only form of payment within their marketplace.