As you might know NEM/Mijin/XEM and Ripple/XRP are currently two major players with real ability to get major banking contracts to replace obsolete centralized model inside banks and between banks with block-chain or similar direct consensus technology. This boosted price of both tech to all time heights and top crypto market places.
In crypto market land NEM de-throned "crypto silver" Litecoin from fourth place. If positive news continues, even ETH cannot be certain of its current position.
Although I consider NEM technology superior to Ripple, in business area one can never be certain if best project wins the game. Anyway results are interesting like 90% savings by using NEM/Nijim technology in banking sector. Only pity is that if we stay with current centralized model where banks rule, most people will not benefit from these savings and new technologies.
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