Hello everyone Friends,
I would like to start my research about the NEM project first with its mission.
It is a project created by a group that believes that a new economic system should be created outside the existing system.
It provides opportunities for blockchain developers to access cutting-edge technology applications. It also allows developers to use the programming language they want with its API interface. In other words, it is very suitable for both beginners and experienced blockchain.
It would be wrong to think of the NEM project as just a digital currency. It offers different solution classes with common transactions via smart phones, cloud services that connect web applications.
They are very assertive in terms of security. With Eigentrust and two-layer node network, it provides high-level protection and special blockchain feature, providing external data privacy in an extraordinary situation.
They promise to meet many needs of businesses such as logistics tracking, document approval and identity verification.
It is scalable and extremely fast. It has the capacity to process thousands of transactions per second.
Finally, if we talk about the XEM token, you pay the fees for transactions on the blockchain with this token.
It is currently listed on many exchanges.