What is NEM?
NEM a decentralized blockchain-based peer-to-peer network, where third parties can build their own applications, including crypto and crowdfunding tokens. NEM offers both public and private (Mijin) blockers. Easy was launched in March 2015
NEM is not a Bitcoin clone. NEM's code base was written from scratch to improve some of Bitcoin's errors and greatly expanded its functionality for enterprise compatibility. NEM's core value proposition is what it calls its smart assets system. It is a blockchain ledger system that can be configured to manage almost anything, including owner registers, financial instruments, tracking the supply chain and more.
The NEM network uses 100 times less power than Bitcoin to complete a transaction.
