We were lucky enough to have NEM team member Jian Chan, from Melbourne who explained the NEM platform, future plans and how they are helping innovation.
What is NEM?
NEM is the Smart Asset blockchain. It’s more than a cryptocurrency, it’s a platform for managing data. It’s the easiest and most cost-effective way to bring blockchain technology to your business. Launched on March the 31st 2015, NEM has been rapidly expanding into many regions throughout South East Asia, Australia and New Zealand. In 2017 they released a Community Fund worth 300m XEM to help fuel development of local companies.