Start with NEM: (New Economy Movement).

jadnven (66)in #nem • 6 years ago (edited)

Criptomoneda Bitcoin is the most popular time. The next in the ranking is Ethereum, which is talking a lot, but there is another to follow very closely: NEM (New Economy Movement.

Both men like the rest of the criptomonedas operate within a generic technology that we call the Blockchain or block chain. Imagine a ledger or an excel sheet.

NEM

NEM, like the previous criptomonedas, allows you to make transactions with their currency called XEM. With it, you can send messages, register domain names, create accounts with several headlines or votes.

Without doubt one of the most interesting applications is to register active Smart Assets"). These assets are not the traditional titles of ownership, patent or notarial documents which, when inserted into the platform NEM, may be transferred or registered without the need for third parties such as notaries and property registries.

Another difference is that the algorithm of NEM is based on POI (Proof of importance - importance) and not in POW (Proof of work - work). Unlike in Bitcoin, where the power of the hardware plays a fundamental role is required an enormous amount of resources to produce a Bitcoin), NEM used an algorithm that gives importance to the use of the platform. This above all in the interests of the miners (of which we speak in the following section).

Currently NEM has a market capitalization of the criptomonedas in excess of 2,000 million dollars, placing it in the sixth position._

men

Start with men: the Nano Wallet.

Whether you want to buy XEM (the currency of NEM), minar (here called harvest) or use the numerous tools and utilities, the first thing we have to do is download their software called Nano Wallet. It is free and is available for Windows, Linux, Mac and Android.

See portal here.

Utilities NEM

We have already seen some of them how to send money and reap the currency, but the chances of NEM, thanks to its platform, go far beyond, then i leave some of them:

Accounts with multiple signatures (Multi-Signature account): It is very common to have an account in the bank between couples, families or associates of a company. In the event that one of the signatories of the account you want to make money, you need the signature of the other person or several. In NEM can be done also with bank accounts.

Mosaic. Creation of domains and goods: As it is common for companies to have your domain on the internet, the NMS platform offers the possibility to register. Once created, we can register " Smart Smart assets or assets".

Apostille: In legal terms, an apostille is a special seal that certifies the authenticity or validity of the document and signed in. It is used for documents issued in one country but that are required in a foreign country.

Votes: NEM provides security for voting. The votes cannot be manipulated as there is a permanent record. Private and public Blockchain for companies: companies can benefit from the abovementioned functionality by creating their own economies, recording facts in the blockchain without the need to use Smart contracts.