NEM is now connecting businesses to blockchain?

ethereumhunter

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Quote from: Slash61 on July 02, 2020, 10:13:28 AM

Quote from: ?? on ??

Yes, it is. If that succeeds, I think that can be a help for the crypto world to have more people to invite on the crypto world. Maybe it still needs more time to see that happens, but at least, that can bring new hope for the crypto world to see the growth. And if the other project can do another thing and they can cooperate with the other business, that can help mass adoption too.

more projects need to do such updates to foster mass adoption in the market. when that can happen, it might be the altcoin season like 2017 when the adoption of crypto from several new projects is increasing very high, successfully growing the market very quickly.

The adoption of crypto will happen from a few years ago, and it is still running until now. People will invest in crypto and various project, but only a few of them who can make a profit from the project because many of them can not search the right project to invest. Besides that, we know that many projects can not run well step by step in this pandemic, and many of the projects have delayed or cancel their project until the situations are clear.

Slash61

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Quote from: ?? on ??

Yes, it is. If that succeeds, I think that can be a help for the crypto world to have more people to invite on the crypto world. Maybe it still needs more time to see that happens, but at least, that can bring new hope for the crypto world to see the growth. And if the other project can do another thing and they can cooperate with the other business, that can help mass adoption too.

more projects need to do such updates to foster mass adoption in the market. when that can happen, it might be the altcoin season like 2017 when the adoption of crypto from several new projects is increasing very high, successfully growing the market very quickly.

leyton11

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Quote from: dudusix9 on June 30, 2020, 06:01:46 PM

This can be something that corporations may start to use, knowing that blockchain technology is the trusted, secure value exchange network for business. Symbol which is from NEM is aiming to reduce business friction, increase trust, and expand the flow of ideas to accelerate innovation. Enterprises and developers can now connect together, which open doors to more opportunity to the blockchain technology.

Will these kinds of movements by big players in the crypto space help mass adoption?

that's not really because people still prefer to pay with stable coins or fiat money now. If there is a crypto revolution in terms of payment, then stablecoins will surely be used more than the top coins. NEM is really a good alts but it should only be a technology corporation and only develop technology, volatile coins can not be used as a means of payment. Price volatility is also one of the coin's weaknesses when using it for payment.

Pamadar

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Quote from: leea-1334 on July 01, 2020, 07:04:34 AM

I actually think NEM is one of those coins people forgot all about but will some day be worth a lot. This is because it is as I recall a Japanese backed coin, so they will not give it up any time soon. Once the network of businesses really decide it is worth it some day, it will probably rise on a small FOMO scale.

It's long been forgotten as there are lots of competitions around this market, new projects being offered and investors from time to time
look upon new opportunities, they are aiming to continue earnings instead of
waiting for every developments of the coin that they've once holds.

Quote from: leea-1334 on July 01, 2020, 07:04:34 AM

But I do not mean just partnerships and tech use. I mean actual NEM token use. Problem with all these tokens are like Ripple effect. 100s of partnerships but no one actually using the token:)

Big problem indeed, if there's no actual usages then nothing will be new it will just a short hypes and nothing big will change to this coin
it will be decided once good actual additions to business industries will happen
to this coin.

deathcode

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Quote from: crypto1010 on July 02, 2020, 07:29:18 AM

Yep, we're still in good hands with NEM. I'm holding about 20% of my portfolio with XEM since they're doing a drop for their new XYM which is 1:1 with whatever XEM you have.

after the decline, I think NEM has stayed too far at the bottom now. they also don't move well enough. indeed other altcoins also experience the same problem but NEM seems to experience problems in developing their platform.

crypto1010

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Quote from: Barbut on July 02, 2020, 05:34:18 AM

NEM was a good project in the past and I think it's still a good project! They don't have an advertisement like others, but they are doing their job and their time will come. I have my NEM on holding, and I can just add more to this amount I have, NEM is a great long term investment and I will stick with that!

Yep, we're still in good hands with NEM. I'm holding about 20% of my portfolio with XEM since they're doing a drop for their new XYM which is 1:1 with whatever XEM you have.

Barbut

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NEM was a good project in the past and I think it's still a good project! They don't have an advertisement like others, but they are doing their job and their time will come. I have my NEM on holding, and I can just add more to this amount I have, NEM is a great long term investment and I will stick with that!

BillGoldberg

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Quote from: leea-1334 on July 01, 2020, 07:04:34 AM

I actually think NEM is one of those coins people forgot all about but will some day be worth a lot. This is because it is as I recall a Japanese backed coin, so they will not give it up any time soon. Once the network of businesses really decide it is worth it some day, it will probably rise on a small FOMO scale.

But I do not mean just partnerships and tech use. I mean actual NEM token use. Problem with all these tokens are like Ripple effect. 100s of partnerships but no one actually using the token:)

I relate to what you just said, I supported a lot of startups during the ICO days with a lof these "big partnerships" but never really failed to execute. NEM is entirely different.

semobo

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Once it is connected to business and there is a situation where people can spend their tokens on different merchants then this will really help us in the mass adoption but in my opinion NEM is not doing well for long time and I don't think there is any further development on that project like merchants are getting adopting.

X-ray

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Quote from: Gayong88 on July 01, 2020, 01:11:28 AM

It all depends on the interest and interest of the people who pay attention to it, where if the potential will automatically become large and adopted at least they have the products offered and useful for a long time based on blockchain.

There was no a lot of interest to use nem platforms and this can be considered an old platform too but it get less and less demand anytime

The news that already discussed by OP is not a new thing and it has already stated on nem home page https://nem.io/

If Nem has already made to build a nem blockchain ecosystem for all.

leea-1334

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I actually think NEM is one of those coins people forgot all about but will some day be worth a lot. This is because it is as I recall a Japanese backed coin, so they will not give it up any time soon. Once the network of businesses really decide it is worth it some day, it will probably rise on a small FOMO scale.

But I do not mean just partnerships and tech use. I mean actual NEM token use. Problem with all these tokens are like Ripple effect. 100s of partnerships but no one actually using the token:)

ahmia39

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Quote from: Gayong88 on July 01, 2020, 01:11:28 AM

It all depends on the interest and interest of the people who pay attention to it, where if the potential will automatically become large and adopted at least they have the products offered and useful for a long time based on blockchain.

In terms of interest in Blockchain it is clear a lot, and if the NEM platform is connected to Blockchain, then this will also affect the interest of many people towards the NEM platform itself, because this is also a very good thing for NEM.

SamboNZ

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Quote from: imstillthebest on July 01, 2020, 03:46:08 AM

If they work on others , does it mean they can't work on other ? Sometimes projects collab to or some just simply being abandoned so chances are they can look at this new project.

This isn't just a normal project but it's nem , I knew nem before and it was so hot but idk what happen years later . Nem becames silent after that but we can always revive it and make it popular again with newer updates this time .

Yeah you can work with multiple projects but that wont achieve anything since you will have to pull your resources to multiple things that will your productivity since you cant concentrate on anything.
You need to consider these are coins that are a thing of the past and will be forgotten soon because there are better coins/tokens that are under the radar which has partnerships with government bodies.

aemma

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Most times it's easier for most blockchain platforms to say what they will do and then it comes harder for them to implement it, this is actually the reason why it looks like mass adoption is far fetched. But since NEM is an already developed platform which has been working for a long time now, therefore I can say if the team put in more serious works, then there is every chance they will achieve what they are setting out to do. And once this is done and is proven worthy by a number of businesses, then we can say that mass adoption is gradually coming closer. And lastly, YES, this is the type of moves we want that will set the blockchain space on a faster motion.

imstillthebest

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Quote from: SamboNZ on July 01, 2020, 03:39:11 AM

Quote from: dudusix9 on June 30, 2020, 06:01:46 PM

Will these kinds of movements by big players in the crypto space help mass adoption?

Yes but big players are already working with different types of blockchain tech.
This is an effort of all altcoins/tokens they help connect business in different types of sectors and also NEM been trying to get partners use their blockchain in the previous years already. Its an old news which has been also seen in other crypto.

If they work on others , does it mean they can't work on other ? Sometimes projects collab to or some just simply being abandoned so chances are they can look at this new project.

This isn't just a normal project but it's nem , I knew nem before and it was so hot but idk what happen years later . Nem becames silent after that but we can always revive it and make it popular again with newer updates this time .

crwth

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When a very well known business starts to use the Blockchain Technology, then there would be a lot of "looking into" towards the technology. Almost everything is a copycat thing in which people would start to emulate what the big players are doing,. Then more adaptation would come to the cryptocurrency space, hence more buyers and hopefully rising the cryptocurrency price.

I believe that whether it's Bitcoin, Ethereum, NEM, or any kind of coin, as long as there's exposure with the cryptocurrency space and it's usability, why not?

SamboNZ

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Quote from: dudusix9 on June 30, 2020, 06:01:46 PM

Will these kinds of movements by big players in the crypto space help mass adoption?

Yes but big players are already working with different types of blockchain tech.
This is an effort of all altcoins/tokens they help connect business in different types of sectors and also NEM been trying to get partners use their blockchain in the previous years already. Its an old news which has been also seen in other crypto.

Reid

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Yes!

But it will still depend on the approach.
We all know there are still people out there who are closing the doors for this kind of innovation.
Let us just say, they want to stay in the traditional way.

Others will feel a lot of risks and the fear of the unknown.
Out of 10 people, maybe there will be 3 who will try to insert their hands in a sealed box.
But that is still 3, we should still reach out for that even with a slow adoption.

Gayong88

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It all depends on the interest and interest of the people who pay attention to it, where if the potential will automatically become large and adopted at least they have the products offered and useful for a long time based on blockchain.

jossiel

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AFAIK, this news about NEM isn't new.

They've been offering to help the different business sectors to adopt blockchain which can make them more productive. And I knew that a few years ago but as the bearish market came in up to last year, they've been silent in development.

As you know, there was once an issue regarding NEMs management and organizational chart but I know that it's okay already.

HodlerKing101

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Quote from: Kelvinid on June 30, 2020, 06:22:01 PM

That is supposedly a thing they will do. Crypto users are very keen on choosing a project that will give them the benefits they wanted to be. That is why developers must have to look and widen-up their minds to think about what could be the best thing to offer with their investors and clients.
What they are doing now will give them away to recognized and more investors will look into their project. Because if they are not doing this may the others will let it do a favor, that is how the competition works. They should have to a find a way in order to stay in line.

Yes, the crypto community has been very picky for the past years, it goes to show how much we've grown and how choosy we are with high-potential projects only. NEM being an organisation with one of the longest pedigrees in blockchain, this may turn out well..

Kelvinid

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That is supposedly a thing they will do. Crypto users are very keen on choosing a project that will give them the benefits they wanted to be. That is why developers must have to look and widen-up their minds to think about what could be the best thing to offer with their investors and clients.
What they are doing now will give them away to recognized and more investors will look into their project. Because if they are not doing this may the others will let it do a favor, that is how the competition works. They should have to a find a way in order to stay in line.

dudusix9

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Quote from: Godstrength on June 30, 2020, 06:11:37 PM

To answer your question, yes in a way. This may help people open their eyes and accept the technology even more.

Security is what's very important for these developers and owners. If the system is more resilient to human error and network attacks, it will help streamline the security testing process.

Godstrength

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To answer your question, yes in a way. This may help people open their eyes and accept the technology even more.

dudusix9

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This can be something that corporations may start to use, knowing that blockchain technology is the trusted, secure value exchange network for business. Symbol which is from NEM is aiming to reduce business friction, increase trust, and expand the flow of ideas to accelerate innovation. Enterprises and developers can now connect together, which open doors to more opportunity to the blockchain technology.

Will these kinds of movements by big players in the crypto space help mass adoption?

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