NEM (XEM) Coin is an altcoin that does not have any central bank, does not use intermediary institutions and organizations, and allows buying and selling quickly and with low transaction fees. It is a cryptocurrency released in 2015 by an anonymous person or group using the pseudonym Utopian Future.
NEM is stated as the world’s first smart asset platform. It has a specially developed blockchain. This project has versatile and different usage areas. NEM users can manage cryptocurrency, notarization, property registration. In addition, there are areas of use such as logistics tracking, decentralized authorization and ICO regulation.
NEM has adopted the idea that everyone using XEM coin should have equal rights. Every user who wants to benefit from NEM services, which is a simple and flexible platform, has the opportunity to design the NEM blockchain as they wish. Thus, NEM offers the chance to use the smart asset system customization features.
NEM (XEM) CoinNEM is unlike any other virtual currency in the way it is designed. A special virtual wallet has been designed for smartphones or tablets with iOS and Android operating systems. In addition to this, other than buying and selling, message sending operations are also carried out.
One of the important features of NEM is the absence of inflation risk. This is because large amounts of NEM coins cannot be introduced into the cryptocurrency market. NEM coin also offers its users the opportunity to transact offline. It fulfills the transaction orders you give in advance, without the need for you to be online.
We can list other features that will contribute to the valuation of NEM in the future as follows:
- All financial service companies can perform payment and transfer transactions anywhere in the world with the NEM system. It can also connect all public and private blockchains. Thus, companies can send money, crypto money and files over these networks.
- It allows you to create your own cryptocurrency through the NEM platform. You do not need to know any programming language for this. You can create your crypto money by following the steps as directed by the NEM system.
- Mobile payments are made through the NEM platform.
- And another feature allows you to create your own PayPal systems.
