nem

NEM (New Economy Movement) is a cryptocurrency and blockchain platform that introduces innovative features such as multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. NEMs blockchain is built from the ground up for scalability and speed, with its unique consensus mechanism called Proof of Importance (PoI) which prioritizes transactions based on the user's active participation and the amount of currency they hold.

NEMs native token, XEM, is used to pay for transactions on the network, incentivizing the supply chain process and ensuring public nodes operate efficiently. The platform is designed to serve businesses looking to adopt blockchain technology, providing a powerful API interface that can be configured to meet various use cases in industries like supply chain management, finance, and notarization.

By focusing on utility and performance, NEM aims to provide a versatile and user-friendly platform that supports a wide range of enterprise-level applications in a secure and cost-effective way.