In this paper, a Newton-type iterative scheme for solving nonlinear systems is designed. In the process of proving the convergence order, we use the higher derivatives of the function and show that the convergence order of this iterative method is six. In order to avoid the influence of the existence of higher derivatives on the proof of convergence, we mainly discuss the convergence of this iterative method under weak conditions. In Banach space, the local convergence of the iterative scheme is established by using the ω-continuity condition of the first-order Fréchet derivative, and the application range of the iterative method is extended. In addition, we also give the radius of a convergence sphere and the uniqueness of its solution. Finally, the superiority of the new iterative method is illustrated by drawing attractive basins and comparing them with the average iterative times of other same-order iterative methods. Additionally, we utilize this iterative method to solve both nonlinear systems and nonlinear matrix sign functions. The applicability of this study is demonstrated by solving practical chemical problems.