Project NEM (currency XEM) seems to be doing great!
Today, I have some
MAJOR announcements concerning Makoto’s work. I have constantly said that he was in “meetings” and today I would like to give some information about some of those meetings.
You may have recently noticed that there was a press release stating Infoteria is working in partnership with Tech Bureau, an agency that Makoto is teamed with and uses NEM technology. Since their press release, they have had their stock increase $70,000,000. Infoteria connects over 5,000 Japanese businesses providing tech solutions for them.
http://www.prweb.com/releases/2015/12/prweb13122409.htm3 http://www.coindesk.com/press-releases/infoteria-private-blockchain-startu/4And just today, a major bank in Japan has announced it too will be partnering to build on NEM and Mijin. For those of you who don’t know, Mijin is a private ledger version of NEM that has long been testing behind the scenes, and that uses the same APIs as NEM, so that companies using Mijin will also have easy access to the NEM main chain. The last announcement about Mijin over a month ago from the devs stated that it is running on 15 second blocks, with 100 tx/s very smoothly. It of course is also equipped with namespaces, mosaics, and messaging as well as NEM’s advanced security features and multisig 2.0.
Japanese:
http://www.atmarkit.co.jp/ait/articles/1512/16/news121.html English:
http://www.reuters.com/article/dragonfly-fintech-idUSnPn1Ptv6F+91+PRN201512163German:
http://www.wallstreet-online.de/nachricht/8207730-startup-dragonfly-fintech-revolutioniert-traditionelle-banking-loesungen1SBI is the largest online bank in Japan founded in 2007 (by much older companies) with over 2,000,000 customers, access at every convenience store in Japan, and 3.4 trillion yen (27 billion USD) in holdings. They are looking to use NEM’s blockchain technology and services built on top of it to expand their reach as a digital bank.
https://www.sbigroup.co.jp/english/company/group/netbank.html3Additionally, Tech Bureau and Sakura Internet have announced a partnership. Sakura Internet is a major provider of cloud service providers (think AWS but for Japan). Sakura is offering free 6 month service of Cloudchain’s from the Mijin system starting today for developers and businesses to test with additional special services being provided for financial services testing Mijin.
http://bitcoinist.net/mijin-offering-blockchains-world-free/5Since announcing this press release in 1.5 hours there stock trading was stopped as it reached its daily limit for increase.
I honestly never thought they had the clout to reach out and make deals with institutions.
From being a mere altcoin curiosity in the playground, it seems that they jumped to become one of the major players.
Congrats to Makoto and the team!
