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NEM showcases Kchain, Luxtag and other companies built on NEM Blockchain at Consensus 2018
The NEM.io Foundation and the developers of NEM blockchain announced a line-up of 15 partners at Consensus 2018 that are deploying NEM to build new products.
Exhibiting partners include TechBureau / mijin, Asta, He3Labs, LoyalCoin, Verses, Zeus Exchange, PeerStream, Kchain, Digital2Go, GoBlock and Luxtag.
“The vast array of our partner companies at Consensus highlights how NEM blockchain provides real, customizable solutions for a growing range of industry sectors”, said Kristof Van de Reck, Interim President of the NEM Foundation.
One of the major highlights at the event was the public release of mijin v.2, codenamed ‘Catapult’ – the latest update to the NEM blockchain run by Tech Bureau. Catapult is a fully-featured blockchain engine powering private networks with unique smart contract plugins. Catapult’s plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.
“Fueled by Catapult, NEM is the Swiss Army knife for enterprises adopting blockchain technology,” said Van de Reck. “Its powerful suite of components combined with ease of use and implementation, will accelerate enterprise blockchain adoption to serve the needs of the biggest technology businesses in the world, whether for electronic money systems, user authentication, land and property registration, logistics tracking, food traceability, or numerous other uses.”
Last month, NEM.io Foundation underwent a major overhaul when President Lon Wong and Vice President Jeff McDonald left their positions on the foundation and shifted to advisory roles. Wong said at the time that he would be focusing on building ProximaX, while McDonald said he would expand his work with Luxtag and Kchain.
NEM's XEM token is currently the fourteenth most valuable cryptocurrency by market cap and trading at $0.318 levels at the time of writing (Poloniex).