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After the development of Blockchain technology, online transactions, data storage, and other related applications of Blockchain took a huge leap. Not only that, but blockchain also started entering new domains and is already garnering a lot of attention and interest of investors due to low costs and high security that it provides to its users. The rise of blockchain and cryptocurrencies saw the development of new cryptocurrencies and platforms that were designed to cater to specific needs such as cloud storage (Siacoin) and decentralized online entertainment networks (Tron). In the light of these of blockchain networks, NEM was created as a smarter and technologically advanced network and utilizes a Smart Asset blockchain in order to achieve an efficient way to manage data and other assets over its platform at low costs.
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BUY Nem HereDigital Gold of the Future, Nem is an asset that has provided financial freedom to millions across the globe. So if you believe in it, storing your Nems is a good option.
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Nem is accepted globally for financial transactions online at various e-commerce sites as a mode of payment.
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NEM was developed as a fork-out version of another cryptocurrency named NXT, which is an alternate currency and payment network platform. The network is operated by a Singaporean based organization named NEM.io Foundation. After the fork of NXT, the company decided to develop its own codebase for advancing NEM and hence develop a platform that is capable of performing faster and is much more scalable than its predecessors.