February 4, 2021

GBA is proud to announce that, NEM.io has joined as a GBA Corporate Member.

NEM hopes to solve government and public sector challenges with blockchain technology.

From the British Overseas Territory of Gibraltar, the collective community of NEM is expanding. They want to ensure that their ecosystem is a significant contributor to the next evolution of blockchain technology, and they plan to achieve this through the mainstream adoption of their blockchain solutions. NEM has built a strong, healthy ecosystem that works together through collaboration, transparency, and openness. Joining the Government Blockchain Association, GBA, just makes sense in this continuing journey of collaboration.

“We are looking forward to working with gbaglobal to connect individuals and organizations and collaborate on solving public sector challenges associated with the decentralized finance.”

Natalie Kubalova, Business Development Representative, from nem.group.

NEM is a blockchain ecosystem consisting of NEM NIS1, Symbol, NEM VENTURES, and NEM Community.

NEM NIS1 is NEM’s original blockchain platform. It offers flexible and customizable solutions through simple, yet powerful, built-in features. The NEM NIS1 holds their token, the XEM. It is used to pay for transactions in order to incentivize the network of public nodes that process and record transactions, giving XEM real fundamental value as the currency of a functioning economy. XEM is listed on many trusted exchanges. Visit CoinMarketCap to find out where XEM is currently listed.

Voting, asset exchange, and rewards points are just some of the exciting things you can develop on NIS1.

In February 2021, NEM is launching the Symbol public blockchain. Symbol is the next-generation enterprise-grade blockchain solution from NEM, purpose-built to help businesses cut costs, reduce complexities, and streamline innovation. All those holding a NEM NIS1 account on Snapshot, will be given the opportunity to Opt-in to the Symbol public blockchain. All XEM token holders, (the current token), can claim XYM tokens, (the next-gen token), at a 1:1 ratio for the upcoming token allocation.

NEM VENTURES is the venture capital and investments arm of the NEM blockchain ecosystem.

NEM Community is a strong and viable ecosystem that connects and benefits individuals, developers, businesses, and society, always striving for improvement in the NEM ecosystem to leverage its potential for the benefit of all the constituent elements within.

The Government Blockchain Association is very honored and excited to be working with  NEM.io.

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