NEM stands for New Economic system Motion and powers the Good Asset System. It’s written in Java and was launched in 2015 – the platform’s forex is known as XEM. XEM are harvested via Pol – when you personal 10,000 XEM and deposit them within the official NEM Nano pockets they start ‘harvesting’ and subsequently develop in quantity via curiosity. Good Property enable distinctive knowledge to be created representing any asset that means that these belongings will be traded utilizing XEM. A number of ledgers may also exist on one blockchain. CoinDesk additionally supplies a set of institutional-grade value indexes. Discover out extra about them right here.