NEM (XEM)

nem NEM (XEM)

$0.0987
-11.76% (24H)
Watch
Market CapVolumeAvailable Supply
$872.92 M $38.03 M9.00 B XEM

NEM (XEM) has a marketcap of $872.92 M. Its price is -11.76% down in the last 24 hours.

NEM is a highly versatile crypto solution which seeks to adhere to a host of mainstream industry requirements. It is written in Java and JavaScript with 100% original source code. 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. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.Essentially, NEM is designed as a financial blockchain solution and can be used for payment, clearing and settlement in a private environment which is highly controlled. This means that NEM meets several of the regulatory requirements and guidelines in the financial industry. This allows it to be used to settle (change of ownership) any asset via the blockchain. Mijin which is a private chain of NEM has gained popularity and companies such as Hitachi have already embraced it.Why NEM?Many banks around the world have come to accept the importance of blockchain technology. In fact, a good number of banks in the U.S, India and Japan have already started using the technology. Because banks generally employ the smart

Loading Data
Please wait, we are loading chart data
Date Price Volume MarketCap
# Exchange Pair Price Volume (24h) Updated
Loading facebook comment(s)


No technical data available for this coin