NEM (XEM) Cryptocurrency 2018 Review

NEM (XEM) Cryptocurrency 2018 Review! NEM is the world’s first Blockchain Smart Asset. And his letters NEM mean New Economy Movement. There are 9 billion XEM coins in circulation, all of which were created before the launch. NEM is written in Java, and it was built from the ground up, in order to address issues that are faced by many cryptocurrencies today (such as ease of use, speed, and scalability).

This blockchain was launched in June 2014, but its first stable version was released in March 2015. The cryptocurrency associated with it is known by the letters XEM.

NEM is a peer-to-peer crypto platform. The initial plans for NEM were to create a fork of NXT, but this was eventually dismissed in favor of a completely new codebase. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its Proof of Importance (POI) algorithm.

The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

The NEM Foundation, in charge of the NEM project, aims to promote the technology of its Blockchain. And indeed it is one of the most successful projects in the field of cryptocurrencies.

If you want to buy NEMs (XEM), you will need to set up a NEM portfolio first to store them.
The wallet that supports the NEM is the NanoWallet that downloads from the NEM website.

NEM is set to change the preview of blockchains by implementing the amazing POI consensus algorithm, which is a great solution. You can send and receive payments and messages quickly, securely and at low cost on a global scale without the need for a bank account. You can make, buy, sell, or trade assets and goods worldwide. In the future, there shall be more exciting features to come as well.

NEM (XEM) Cryptocurrency 2018 Review