NEM is a smart-asset system, whose goal is to use
blockchain technology for managing transactions and financial instruments in a new way, with high level of freedom, decentralization and security. It is also a workable platform for building a new
cryptocurrency or crowdfunding token. NEM stands for “New Economic Movement” and this system aims to create a new economy, based on financial freedom and equality. It was developed from scratch, taking into consideration all relevant aspects of a crypto asset, like scalability, decentralization and energy consumption. Its architecture is simple and flexible, making it customizable to different business needs.