NEM a built from scratch as a powerful and streamlined platform for DApp developers and Cryptocurrencies as well. One of the main aspects of this platform is open decentralized, both public and private Blockchain environment. Using NEM in your Blockchain application is very simple, more like making RESTful JSON API calls that allow you to configure your own "Smart Assets" and make use of NEM’s powerful Blockchain platform as a fast, secure and scalable solution.
NEM provides a wide range of utility classes and segments such as direct public transactions via streamlined smartphone app, efficient cloud services that connect client or web applications, or a high- performance permissioned enterprise back-end for business-critical record keeping. Ability to create our own Cryptocurrency or use their define Cryptocurrency XEM. Set the Transactions free with your new coin, or set transaction fees in any amount you wish.
Completely coded in Java with a C++ version in progress yet to make its debut; NEM’s primary focus is a wide distribution model. The platform has also introduced some new features to the Blockchain environment such as its MultiSignature accounts, proof-of-importance (POI) algorithm, Eigentrust++ reputation system and an encrypted messaging utility. NEM Blockchain software is used in a commercial Blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally.