With my new found interest in XEM, I am realizing more everyday that the NEM Blockchain Technology, for which the XEM coin represents, is already being used by businesses.
Why are businesses getting on the NEM Blockchain?
- It is API-driven, allowing for easy integration with a business's own internal applications
- An API focus therefore lessens the risks for businesses that are just learning about blockchain
- And other crypto currencies can be created on the NEM Blockchain!!!!
I like to think of the NEM Blockchain the way businesses look at all-in-one services like Wix.com At Wix you can build your own website, setup e-commerce all in a few hours with little to no experience. Imagine businesses trying to get into the blockchain world. They want to look for the quickest way with as much quality as possible so that time and money are not wasted and NEM Blockchain is the way to go.
I will soon be doing some research on companies already using the NEM Blockchain. A few names come to mind:
- Copyright Bank
- Pundix
- Loyal Coin
- Chronotime
- And many more in Japan (will get back to you)
Leave your comments below; vote up and re-steem if you interested. Stay tuned!
Forgot to mention: I recommend investing in the XEM coin. Dec 08, 2017 price was at $0.58 USD. Today, Jan 2, 2018, price is at about $1.19 USD. It is at a steady pace in my opinion. I predict it going beyond $15 at a minimum by the end of 2018.