Symbol from NEM makes blockchain solution to solve wine tampering and counterfeiting problems to save millions for the wine industry.
NEM is a Blockchain-based peer-to-peer cryptocurrency and a development platform. You can’t define NEM without mentioning its innovative consensus algorithm a Proof-of-Importance algorithm.
Every user of the NEM Blockchain that holds more than 10,000 XEM has his or her “importance score.” Once a user gets to that threshold, every coin on the account and every transaction that was linked to the account will improve his or her importance score. Miners with a higher importance score are more likely to get a reward from mining. The POI system is designed this way to stimulate NEM users not only to have XEM coin, but also to perform transactions with it.
NEM also provides such features like Messages included in transaction that can be used for secure communication, and multi-signature transactions that protect users from hackers and secure the community-held funds.
FXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week.6919
NEM Foundation President Alexandra Tinsman announced plans to take a 6-month paid sabbatical amid large-scale restructuring of the coin’s operations.3199
The blockchain industry has the potential to help the world in stopping the climate changes and global warming.4636
A frenetic 24 hours has seen many major altcoins put in at least 10% growth, while Bitcoin holds ground above $9,500.3619
Travala, a service that lets its users pay for hotel stays with digital currency, has expanded its crypto payment options by adding support of XEM tokens.2396
Bitcoin is hovering above the $8,000 price mark while most altcoins report positive gains, with XRP seeing growth greater than 5% on the day.5269
The 25 largest crypto markets comprise roughly 94.40% of the capitalization of the combined market cap.8158
What does the next decade hold for blockchain? Institutional adoption, portfolio diversification, fundraising schemes and IoT.2640
Crypto payments startup Pundi X announced the integration of its crypto payments system into a VeriFone point-of-sale device.12161
Malaysia has rolled out a work visa program targeting tech freelancers that addresses a demand for blockchain capable talents.7245
The crypto markets are today back firmly in the green, with bitcoin (BTC) breaking back above the $8,000 mark.15479
Virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction.9410
In the latest milestone of its renewed bull run, bitcoin today broke past $9,000, soaring to its highest price point in over a year.10996
Following a mild correction yesterday, crypto markets have seen strong positive momentum today.7587