NEM to officially launch its next-gen public blockchain

NEM Group, the chief developer and supporter of the NEM blockchain platform, today announced the official launch of Symbol, its next-generation Proof-of-Stake+ (PoS+) public blockchain. Boasting enterprise-grade programmability and security, Symbol from NEM brings technical features which can be leveraged by projects building fintech, healthcare, and supply chain products.

With the launch comes XYM, the native currency of the Symbol from the NEM platform, used for transactions on the network.

“Symbol’s feature-rich platform makes it suitable for a number of industries and use cases, spanning the enterprise, financial services, regulated asset, and wider blockchain spaces. NEM has a vital role to play, alongside and operating with other platforms, in creating this new value paradigm.”
– David Shaw, CEO of NEM Group

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