Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
jabo38
on 24/06/2016, 07:23:41 UTC
Why should I buy XEM?
note: I have read and done my research, I just want to here it from one of the investors. Smiley

here's some recent developments:

The public/private blockchain model with NEM/Mijin:
http://mijin.io/en/633.html

Dragonfly Partners with Microfinance Company in Malaysia
https://news.bitcoin.com/malaysian-remittance-dragonfly-fintech/

Japanese BANK Testing with NEM Tech:
http://themerkle.com/sbi-sumishin-net-bank-trials-blockchains-in-financial-accounting-systems/

Infoteria partners with Dragonfly:
http://www.prnewswire.com/news-releases/infoteria-to-partner-with-dragonfly-fintech-300252763.html

This along with devs/team that delivers time and time again.  You will find no hype here.  Just results!

This is not to mention Supernodes, Namespaces/Mosaics, as well as the tech itself,  lots of stuff in the pipeline, & a low market cap of ~$40 million, lots more room to grow!



As someone who appreciates the development of NEM I have a question. I am a long term investor in NEM and hope that the public/private blockchain model with NEM/Mijin is successful.  I am wondering what scenario will lead to real world adoption and an increase in the value of NEM.  Thanks in advance.

Mijin is getting testing from quite a few large organizations at industrial scale.  This kind of rigoruous third party testing, and the development of resources will make the NEM public chain a great option for smaller operations that aren't moving hundreds of millions of dollars.  They get the same security and access to resources using the same API set, but have a chain with $0 start up costs on their part.

Mijin is good for large organizations that want to do millions of transactions a day and don't want to pay a fee for each one, but instead are willing to invest in serious start up costs. 
NEM won't have those high start up costs and so therefor will be much easier for smaller organizations to build on.