Nem
Definition of what Nem stands for (in finance):
Cryptocurrency introduced in 2015 and named after the New Economic Movement. Nem is based on blockchain technology and uses the proof-of-importance procedure as a consensus mechanism.
More Term Definitions
- Wisdom Of Crowds (WoC) Definition
- E-Money Directive (EMD) Definition
- Acquiring Bank/Acquirer Definition
- Financial Intermediary Definition
- Maker Definition
