One of the most scalable and secure cryptocurrencies pretends to replace Ethereum due to innovative implementations. The NEM blockchain platform allows to transfer own ICO and create digital currencies. In the longer term NEM will be integrated in banking sector. The digital coins will be used there as alternative means of payment.    

The NEM platform was created in 2015, and cryptocurrency XEM appeared together with it. At the moment of project launching nine billion coins were emitted. They were distributed among investors within the procedure of  initial token offering. The blockchain platform is so structured that the more coins at investor account, the more profitable conditions of use.

The NEM cryptocurrency is in the top of the best digital coins in 2018. The abbreviation NEM means New Economy Movement. The virtual currency is based on Java and JavaScript. In comparison with other altocins NEM is a mix of Bitcoin, Ethereum and Ripple.

Among other advantages there are:

1. quick processing of transactions - 20 sec.

2.fixed transactions: minimal charge is 0,01% of total cost

3.it is not anonymous, that is why it is more secure.

4.less vulnerable to hacker attacks

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