TCR TOP STORIES

NEM (XEM)

NEM (New Economy Movement) is the world’s first proof-of-importance (POI) enterprise based on blockchain technology. With a focus on business use cases, the software was built from the ground up with adaptability in mind. NEM’s goal is for companies to use their “smart asset system” to implement customizable blockchains. A smart asset can be almost anything: a cryptocurrency token, a business’s stock or a company’s invoicing and records.

Some potential use cases for NEM’s technology include: voting, crowdfunding, stock ownership, keeping secure records, loyalty rewards point programs, mobile payments and escrow services. A list of NEM’s use cases can be found here.

The development of NEM is monitored by the Singapore-based NEM Foundation. For more information on what NEM does and what sets NEM apart from its competitors, see “What is NEM”.

Top News

Telegram’s Ton Case Postponed To 2020 By Un District Court

  The UN district court, New York postpones the case hearing against Telegram Open Network (TON) which was filed by the Securities and Exchange Commission (SEC). The case will now be heard on February 2020. In accordance with the TRO filed, Telegram should have been in front of the court …

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Ripple CEO Reveals, They Sign more than 30 Deals a Quarter

Ripple is very popular among financial institutions and banks for its multinational blockchain remittance service. Previously, Ripple has collaborated with a lot of famous banks and institutions around the globe. Also, recently the CEO of Ripple, Brad Garlinghouse has stated that the blockchain remittance company Ripple has signed over 30 …

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Bitcoin Shows No Sign of Recovery, In Verge of Dropping Below $7000

Current Price of Bitcoin: Currently, the currency trading at the value of $7,938.43 and its value is decreasing by 2.03%. The market capitalization of the currency is $142,883,413,333 and the 24-hour volume of the currency is $15,138,668,727. The circulating supply is 17,998,962 BTC and the ROI of Bitcoin is 5,767.28%. …

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Cryptos Under Green Signal After CFTC Head Speaks For Ethereum Future

Heath Tarbert, head of the United States Commodity Futures Trading Commission (CFTC) talked about the future of cryptocurrency and the government regulations on cryptocurrency as well in the recently held  Yahoo Finance’s All Markets Summit in New York City on October 10. The native derivative cryptocurrency of the Ethereum ecosphere, …

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