NEM Foundation Update – July 13, 2018

NEM Foundation Update – July 13, 2018

12:52 - 13/07/2018

NEM Flash

Kristoff-Van-de-Reck-NEM-Update TLDR; NEM will be featured on the international TV series Blockchain Superstars, NEM China partners with 3U, AUS and New Zealand launch new NEM blockchain Hubs, BTT Cloud and Unibright join the NEMsp...

NEM Foundation Update – July 6, 2018

NEM Foundation Update – July 6, 2018

17:13 - 08/07/2018

NEM Flash

TLDR; Cryptodus joins the NEMsp Network, Kuala Lumpur Malaysia Blockchain Center officially opens, Tapscott Institute signs MOU, Geens will be developing their global ID on NEM, Russia adds VK social media, XEM gets added...

CopyrightBank Launches NEM-powered Copyright Registration Platform

CopyrightBank Launches NEM-powered Copyright Registration Platform

07:35 - 06/07/2018

NEM Flash

Creators and owners of original digital content anywhere in the world can now register their work on a new blockchain-powered platform called CopyrightBank. The platform, developed in Melbourne, enables books, music, photographs, artworks, films,...

War Field FPS: Kill Your Enemies, Take Their Cryptos

War Field FPS: Kill Your Enemies, Take Their Cryptos

15:10 - 04/07/2018

Ethereumworldnews

The future looks bright for those who are passionate gamers and crypto enthusiasts. With each passing day, both worlds come together, proving that blockchain technologies are of great use to a vast range of industries. The introduction of ERC721 tokens represented a before and after for gamers and crypto adopters. Crypto Kitties, the first game […]

Largest Blockchain Center In Asia Launched By NEM (XEM)

Largest Blockchain Center In Asia Launched By NEM (XEM)

13:59 - 04/07/2018

Ethereumworldnews

So many hardly talked about cryptocurrencies are doing fantastic in areas of blockchain orientation and re-orientation. One of these digital coins is NEM (XEM). Yesterday, NEM Malaysia kickstarted its largest blockchain Center in Asia, stating afterward that it has said set aside roughly RMS500,000 (around $120,000) for blockchain projects in the country. The center is […]

NEM Announces Beta Launch of Global NEMsp Network

NEM Announces Beta Launch of Global NEMsp Network

07:29 - 04/07/2018

NEM Flash

The NEM.io Foundation Welcomes Cryptodus to the Global NEMsp Network Singapore — July 4, 2018 — The NEM.io Foundation, announced today a strategic partnership with Cryptodus, a firm that specializes in enabling existing and new businesses to leverage...

LATTICE80 x NEM Blockchain 101: 2nd July 2018

LATTICE80 x NEM Blockchain 101: 2nd July 2018

17:20 - 02/07/2018

NEM Flash

LATTICE80, in partnership with the NEM Foundation, announces it’s first offering under it’s Impact Blockchain initiative — a free event to students of Singapore for an introduction to NEM’s blockchain platform and a real use case of...

Exclusive Interview with the Creator of nemchange.com

Exclusive Interview with the Creator of nemchange.com

07:26 - 02/07/2018

NEM Flash

Nemchange is an epitome of how members of the NEM Community can be involved in creating projects that could further advance the NEM blockchain. It is an exchange for NEM-based tokens (or what is...

How to Develop Applications on the NEM Blockchain

How to Develop Applications on the NEM Blockchain

14:30 - 20/06/2018

NEM Flash

As Qchain’s Chief Architect, I’m responsible for creating the back end and database scaffolding that will make our marketplace and products work. Recently, I had the fortune of speaking at UCI’s Blockchain Developer Day,...

Guidelines for nem2-sdk development collaboration

Guidelines for nem2-sdk development collaboration

14:32 - 17/06/2018

NEM Flash

NOTE: This post is a work in progress and has some missing information. We will update as the information becomes available. FIrst appeared on NEM forums Hi NEMbers! The NEM2 SDKs were released for...

What is the NEM ?

NEM is a peer-to-peer cryptographic platform encoded in Java and JavaScript with original source code. This platform aims to create a large distribution model. It has introduced new features in blockchain technology with its Proof-of-Importance (POI) algorithm. NEM also has an integrated secure and encrypted P2P messaging system, multisignature accounts and a reputation system.
POI is the consensus algorithm used in NEM to determine who will calculate the next block.
The importance of an account depends on how much money it holds. And how many transactions are made from that account. The POI differs from other initiatives using a cost-sharing model that does not take into account the overall support of the network. In some Proof-of-Stake systems a person only needs large amounts of coins to form a block.

However, in NEM, the amount of the transaction as well as the support of the network become an immortal factor. This was designed to encourage EMS users to not just keep NMS. But rather to actively trade in the NEM ecosystem.