NEM (XEM) Cryptocurrency Review
NEM (XEM) Cryptocurrency Review! These days, the NEM blockchain software has been implemented in applications beyond cryptocurrency. It is best known for being used at a commercial blockchain named Mijin, by way of example, which is presently used by financial organizations in Japan and around the globe. All of the features accessible with NEM will also be accessible with Mijin. But, Mijin has the extra benefit of contract assistance.
Conceptualized in January 2014 and found from March 2015, NEM is a decentralized blockchain-based peer-to-peer network where third parties could build their own programs, such as cryptocurrencies and crowdfunding tokens. NEM provides both public and private (Mijin) blockchains.
NEM, or New Economy Movement, is a community-oriented cryptocurrency That goes from the emblem XEM. NEM originally launched as a branch of Nxt, but its founders eventually coded a totally new platform from the bottom up.
NEM and its own network will be best represented by the NEM Foundation which serves as a nonprofit organization that’s based on Singapore.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
The NEM foundation enables members from all around the world to participate in the NEM undertaking.
NEM has performed an excellent job with regard to boosting itself. They often post on the NEM blog, also you’ll be able to find updates readily on popular social media platforms such as Twitter, Reddit, and the Bitcointalk forum.
The NEM Blockchain has lots of features such as functioning as a protected voting System for governments, crowdfunding, Escrow services, and several other Exciting use cases.