NEM is a “smart asset” blockchain which supports the cryptocurrency XEM.
Digital currencies are winning the universe of investing following the swell in the cost of Bitcoin in late 2017.
What is NEM?
NEM, or New Economy Movement, has the banking pitch XEM and was launched on Mar 31, 2015.
And while many other cryptocurrencies are grown or “forked” from other codes, NEM was combined from blemish using Java script.
Around 1,500 early investors bought XEM stakes with one interest being the homogeneous of 2.25million XEM coins.
What is a smart item blockchain?
A blockchain is a digital bill where all exchange combined using cryptocurrencies are recorded.
A “smart asset” blockchain allows users to customize their own blockchain formulating their own specific “smart contract”.
This means users can create places on the NEM blockchain where they can safely put their digital assets.
What is the cost of NEM (XEM)?
On Feb 12 NEM was labelled at $0.54 (£0.39).
Like many cryptocurrencies, it has suffered somewhat after a thespian high at the start of 2018, when NEM’s cost approached $2 on Jan 4.
How to buy the cryptocurrency?
It appears that there are many sites online which offer to help people buy NEM (XEM).
But anyone meditative of investing in NEM (XEM) or another cryptocurrency should be very careful.
Their values are volatile, with the ability to plunge as fast as they fire up.