Description of NEM: 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 blockchainShow more [+] 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 To Boost Australia’s Booming Blockchain Sector
The NEM.io Foundation, which works on behalf of the XEM cryptocurrency, has launched the first of a series of blockchain incubators in Melbourne, Australia. The NEM Blockchain Hub will play a role in educating the wider world on the blockchain, as well as providing premises and funding for blockchain initiatives. Part community outreach program and part launchpad […]
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