NEM (XEM)

NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. Written in Java, 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, which is being tested by financial institutions and private companies in Japan and internationally.NEM technology allows multiple ledgers to coexist on one blockchain. Thanks to NEM Smart Assets users can create mosaics which can represent any asset (e.g. currency). All transactions in NEM have transaction fee associated with them and denomination used to pay for transactions is mosaic named XEM.In 2017 the NEM Foundation opened a center in Kuala Lumpur, Malaysia, to serve as an incubator, accelerator, and co-working space.
Rank 16
Price $0.0570
Market Capitalization $513 446 664
24 Hours Volume $17 238 021
Available Supply 8 999 999 999 XEM
Total Supply N/A
Change (1 Hour) 0.07%
Change (24 Hours) 0.38%
Change (7 Days) 1.46%
NEM News
December 6th, 2018

Major fields’ players united for a ‘Blockchain for Europe Association’ lobbying group to represent the interests of blockchain based companies in the region.

Swiss-made Cryptocurrency Watches: Immortalised on the Blockchain
November 19th, 2018

Swiss-based Tech Bureau Europe has teamed up with renowned Swiss watchmaker Chronoswiss to launch an online shop for the brand’s exclusive series of crypto-design watches based on the Flying Regulator Open Gear.

Blockchain Life 2018
November 15th, 2018

In Russia, St. Petersburg took place one of the largest international blockchain, cryptocurrency and mining forum – Blockchain Life 2018.

November 13th, 2018

NEM experiences sudden surge, climbs to nine-week high after coincheck relists the token.

Cryptaur (CPT) to be Listed on CoinBene, one of Asia’s Largest Cryptocurrency Exchanges
November 9th, 2018

Cryptaur (CPT), the decentralized Ethereum-based ecosystem from Cyprus is pleased to announce that it will be listed on CoinBene’s secure and trustworthy crypto assets exchange.

Leading eShop MonetaryUnit, See’s Token Value Soar, Supports 42 Cryptocurrencies for Online Shopping
November 8th, 2018

Top eCommerce company MonetaryUnit has recorded substantial value rise in its digital $MUE token. The rise has been attributed to the fast adoption of its growing service, which now allows online buyers to use over 40 cryptocurrencies to purchase good with.

Cryptaur Announce Partnership with NEM and Proximax a the Gitex Future Starts Event
November 5th, 2018

Cryptaur has signed a partnership agreement with renowned companies ProximaX and NEM following the first public demonstration of their new gaming platform, X-Game, in Dubai.

November 1st, 2018

A new infographic by Bitcoinplay explains the nature of cryptos are and provides details about the 25 most prominent digital currencies.

September 19th, 2018

This report presents analysis of cryptocurrency market movements during 2018 with special attention paid to the trends seen over September 9-16, 2018.

August 8th, 2018

The Central Election Commission of Ukraine is considering a possibility to use NEM’s Blockchain for local and national elections.