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What is NEM?

NEM (XEM) is a peer-to-peer blockchain platform and cryptocurrency launched in March 2015. Its differentiating feature is that it utilises a Proof-of-Importance (POI) algorithm within its blockchain. NEM technology allows multiple ledgers to coexist in one blockchain. NEM also features an integrated P2P secure and encrypted messaging system, multi signature accounts and an Eigentrust++ reputation system.

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