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About Nem
NEM (XEM) is a blockchain platform launched in 2015 that focuses on creating a smart asset ecosystem through its unique Proof of Importance (PoI) consensus mechanism, which rewards users based on their activity and reputation rather than just computational power or stake. The platform is designed for enterprise use with features like multi-signature accounts, encrypted messaging, and namespace systems that make it suitable for supply chain management, IoT applications, and asset tokenization. NEM's key differentiator is its emphasis on accessibility and sustainability, offering a more energy-efficient alternative to traditional proof-of-work systems while providing a user-friendly environment for both developers and businesses.