NEM - development open-source blockchain protocol
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What Is NEM?

The author of the NEM concept is a user of the bitcointalk.org forum Utopian Future. On January 19, 2014, he initiated a discussion about creating a new blockchain project from scratch, managed exclusively by community members. On January 21, 2014

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Who is the author?

The author of the NEM concept is a user of the bitcointalk.org forum Utopian Future. On January 19, 2014, he initiated a discussion about creating a new blockchain project from scratch, managed exclusively by community members. On January 21, 2014, Utopian Future published the New Economy Movement manifesto, in which it declared the principles and goals of NEM (Utopian Future left the project no later than March 2015). The alpha version was released on June 25, 2014.
XEM is the native cryptocurrency of the NEM platform and is used to pay for transaction costs. The NEM blockchain contains a fixed amount of XEM tokens; an inflationary scenario is not foreseen. All NEM stock (8,999,999,999 XEM) was created in the genesis block.

What Is Going On In The NEM Universe?

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The following projects are working on the basis of the NEM protocol:

A platform for ICO COMSA, a developer of a blockchain solution for digital certificates of authenticity
In August 2018, the Central Election Commission of Ukraine launched a voting system on the NEM blockchain in test mode. The experiment began in July of the same year in collaboration with the NEM Foundation, which provided XEM cryptocurrency for free for transactions.

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Boosty Labs’ Cooperation with NEM Protocol

We started working with this project in 2020. We formed a small team for them to implement the NEM (Symbol) Wallet. In March 2021, this project relaunched its blockchain, which was already morally and technically obsolete.

One of the main parts of this relaunch was releasing the wallet. Our team made a crypto wallet for desktops and participated in the development of a mobile crypto wallet (we created most of its functionality).

Technologies

We started working with this project in 2020. We formed a small team for them to implement the NEM (Symbol) Wallet. In March 2021, this project relaunched its blockchain, which was already morally and technically obsolete.