An Introduction to the New Economy Movement
It has been fun to cover the various crypto 2.0 projects we have seen spring up since the creation of Ripple — that chronology includes BitShares, NXT, Storj, and a bunch of technology that I personally find exciting. Conceived in January on the Bitcointalk.org forum, the New Economy Movement (NEM) ups the rhetorical ante on all these crypto 2.0 efforts. "NEM is designed with expandability and integration in mind. As an example, a hybrid fast-trading exchange can be integrated into the NEM ecosystem, which will allow easy real-life interaction with financial instruments such as equities,....
Related News
Central banks have been responding to the rise of Bitcoin with the introduction of central bank digital currencies, or CBDCs. Thus far, movement on this front has been somewhat slow. Save for China, most central banks are still in the ideation phase, or are looking more into how a CBDC would affect their economy and […]
Bitcoiners all agree that the blockchain technology could be quite beneficial to everyone living on this planet, and that the time to start experimenting with its potential is now. Many still see Bitcoin as the prime use of blockchain technology, but that doesn’t stop other teams of developers and enthusiasts from creating their own blockchain projects. One of these projects is called NEM (New Economy Movement) which offers something entirely different from Bitcoin. The balance of power in this world has shifted dramatically over the recent decades; the so-called “1%” controls all the....
Anyone in the world can take their financial futures into their own hands right now. Not just in terms of deciding whether or not they want to remain an employee or become their own boss, but also whether or not they can play a role in the sharing economy. Every person on this planet can do or offer some product or service that other people want or need,....
Japanese cryptocurrency exchange Zaif continues to make media headlines in quick succession as of late. The company announced on July 3rd how they had added the XEM cryptocurrency to their trading platform. Keeping in mind how XEM has seen a spectacular value increase over the past few months, this is not entirely surprising. It is not uncommon for cryptocurrency exchanges to add new coins to their platform. The addition of XEM to Zaif is quite noteworthy, though, considering how the New Economy Movement concept has a huge following in Japan. In fact, Japan is the driving power behind the....
Bitcoin conferences and events are not only a great opportunity to meet like-minded people, but also for startups to looks for potential investors. Most conferences will have a dedicated timeslot for Bitcoin startups to show what they have to offer. But is this approach right or wrong? The maker movement is facing a completely different economy model,....