Reference page for NEM (XEM) price, with detailed charts, analytics and social metrics.
NEM in a nutshell:
NEM’s blockchain platform was designed for scale and speed. NEM’s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers.
Its revolutionary consensus mechanism and the Supernode program ensure that NEM’s open, public blockchain can grow without ever compromising throughput or stability.
NEM is built with powerful modular customization for virtually any application. This is called the Smart Asset system.
The NEM Smart Asset System allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.
Mosaics then are the basic building blocks of Smart Assets that you can use to represent lots of simple things: it could be a coin, a signature, a status update or more – you decide. To create truly Smart Assets however, NEM allows you to create Addresses that act as containers for Mosaics that can be connected with Multisig rules. An address can simply represent a user, such as an account holder. But it can also represent an individual unique asset such as a document, or a song, or a package. You can then update that asset through configurable Transactions.