NEM (XEM) buy and invest
What is NEM?
NEM stands for "New Economy Movement" and started in early 2015 with the crypto currency XEM. One of the special features of NEM is that it is based on the concept of "Proof of Importance". The algorithm thus calculates an "importance value" for each account of the cryptry XEM. In contrast to bitcoin or ethereum, which are based on the concept of proof of work or the proof of stake. NEM currently has a market capitalization of just under US $ 2 billion.
NEM or XEM is a crypto currency . The NEM software is programmed in Java and javascript. The difference to all other cryptos is the "Proof of Importance". While we live in a society where money is viewed as the means or expression of prosperity, there are other factors. One of these factors is the "good reputation", or the reputation of a person.
To date, the reputation has never been seen in any money system, and the value of the reputation was not monetarily measurable.
With the help of crypto currencies, evaluation mechanisms and services are now being implemented, which were not possible before. One of these innovations is the New Economy Movement (NEM). NEM uses the decentralized algorithm Proof of Importance to add the reputation of the blockchain.
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