What is NEM / XEM?

  NEM is a peer-to-peer cryptocurrency and blockchain platform, the currency symbol is XEM. NEM is the world’s first “Smart Asset” blockchain, the “blockchain for enterprise” with a low transaction fee of 0.01% and very scalable.     NEM was started by a BitcoinTalk user, UtopianFuture, who was inspired by the cryptocurrency NXT. Work started on 19 January 2014 to create a community-oriented cryptocurrency.     Unlike most other cryptocurrencies which are forked off existing codes and later altered, the NEM code was written from the ground up in Java…

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Japanese Electronics Retail Giant Launches Bitcoin Payments

Bitcoin adoption in Japan seems to be forging ahead with major Japanese consumer electronics retailer Yamada Denki announcing that it has partnered with cryptocurrency exchange BitFlyer to add a bitcoin payments service in two of its stores.     The company said: “In addition to diversifying [our services], we will implement initiatives to improve bitcoin recognition and usage promotion.” The company indicated that they believe the acceptance of Bitcoin can provide improved service and convenience. This is some good news from a country recently plagued with bad news after the massive…

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