WHAT IS XEM?
A state of modern art platform that facilitates peer to peer digital currency and blockchain. The platform was initially developed using JAVA language but at the moment a C++ version is under development. NEM has announced its motive is to have a diversified distribution model and has incorporated new innovations to block chain world such as the proof-of-importance (POI) algorithm and accounts that can be accessed through multi-signatures. The messaging has been made secure through the use of encryption and also the use of the Eigentrust ++ reputation system. Mijin, the commercial blockchain that incorporates the NEM blockchain software, is currently being tested for adoption in financial institutions such as banks and private organizations in Japan and globally. According to developers the blockchain will greatly minimize the costs for banking by 90% as well as strengthen the bank’s security.
Store XEM on mobile or PC in your cold or online wallet for easier access.
WHERE TO BUY XEM?
Where and how to buy or sell NEM
Look at the XEM price chart. If you decide to invest in NEM, you should know the current value of XEM is $0.266942 and there are various exchanges for NEM trading.
How much is a NEM worth?
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