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Review on NEM by DAT NGUYEN PHAT

Revainrating 5 out of 5

Mijin is a solution for businesses to customize and operate their own private…

Mijin is a solution for businesses to customize and operate their own private blockchains on the NEM network that are inaccessible to unauthorised users. It is a blockchain solution designed specifically for business enterprises as an onramp into the blockchain and crypto sphere. It is built to be compatible with many applications from mobile apps to mission-critical business infrastructure. Its permission-based private blockchain delivers industry-leading transaction rates for internal ledgers.



Pros
  • Due to its team being anonymous and not having a strong marketing arm that speaks with its community, it is generally unknown where NEM is at in its developments, what it plans for the future, and who the trusted people behind it are. Although it has some unique qualities, it is still arguably just another smart contracts platform that is marketed differently. Therefore, there is no guarantee that its differences will make enough of an impact to outperform its competitors.
Cons
  • NEM foundation is a non-profit organisation that was founded in Singapore, and is the driving force behind that promotes the technology to industries, governments, and academia. Dragonfly Fintech is a blockchain platform service for local or international payments and settlements. Atraura is a leading technology company specializing in the development, integration and maintenance of Blockchain technology across many kinds of industry from finance to government or logistics.

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