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Author Topic: what is NEM?  (Read 1192 times)

Crestie C. Tuvilla

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what is NEM?
« on: May 24, 2018, 02:21:06 pm »
NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015.[1] Written in Java,[2] with a C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin,[3] which is being tested by financial institutions and private companies in Japan and internationally.

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what is NEM?
« on: May 24, 2018, 02:21:06 pm »


Kingking

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Re: what is NEM?
« Reply #1 on: June 11, 2018, 02:12:04 am »
NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015.[1] Written in Java,[2] with a C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin,[3] which is being tested by financial institutions and private companies in Japan and internationally.

It is a cryptocurrency that uses peer-to-peer and launched a blockchain last March. Its goal to distribute a wide model. It introduced new features to wolrd of blockchain.
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Re: what is NEM?
« Reply #1 on: June 11, 2018, 02:12:04 am »

Sherry_mae

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Re: what is NEM?
« Reply #2 on: June 12, 2018, 02:42:42 pm »
NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015.[1] Written in Java,[2] with a C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin,[3] which is being tested by financial institutions and private companies in Japan and internationally.

NEM is the first "Smart Asset" blockchain in the world. It is build with businesses in mind, the NEM is also have a world class platform design to give a streamlined method to maintain secure the ledger of transaction. The blockchain technology of the NEM's gives a potential  to drastically simplify an huge variety of secure ledger and  transaction tracking system. The NEM was also designed with modular customization in mind and thanks to the "Smart Asset System" the NEM can be used for almost application.

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Re: what is NEM?
« Reply #3 on: June 18, 2018, 07:11:52 pm »
New Economy Movement (NEM) is an enterprise-grade solution to power the impending blockchain economy. Originally intended to be a fork of NXT, the community decided to go with a completely new codebase with an alpha version released June 25, 2014, and the first stable release March 31, 2015. The platform is currently being rewritten in C++ and will be released as the “Catapult” update  in 2018.

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