Cryptocurrencies cause a big talk due to successful blockchain orientation and re-orientation. One of these digital coins is NEM (XEM). Yesterday NEM (Malaysia) presented the largest blockchain center in Asia and announced that it set aside roughly RMS 500,000 (around $120,000) for blockchain projects in the country. The center is going to be the foundation for startups creation and development of firms who needs information and expertise on blockchain technology and NEM integration in this region. According to Malaysia Reserved Fund representative who spoke with Stephen Chia, the country director, it was stated that people in the country don’t really understand the way blockchain works and let alone of the world. Malaysia should be ready for Blockchain The country official believes that there is no adequate knowledge of blockchain technology in universities and other schools where young people can have detailed understanding of the trend. Over RM2,000,000 was invested into the center, it consists of 12 offices where companies can come to learn about Blockchain. Today NEM continues positive tendency, increasing by 2.28% according to coinmarketcap and has a market capitalization of $1,752,696,000. XEM price is $0.194744. The coin is ranked 16th in the market along with coins like VeCHain, Omisego, Qtum and many others. |