NEM

NEM is used for a wide array of applications, primarily revolving around the management and transfer of assets and data. Its features like multi-signature accounts, encrypted messaging, and the Eigentrust++ reputation system allow businesses to develop secure, efficient, and future-proof blockchain solutions. NEM's native currency, XEM, is used for transaction fees on the network and incentivizes the nodes that maintain the blockchain.

In addition, NEM's blockchain platform is used to launch Initial Coin Offerings (ICOs), and its smart asset system allows businesses to customize their use of the blockchain. This can involve creating tokens, managing supply chains, notarizing documents, and many other potential use cases.