What happened with NEM Coin (XEM)

                              

The underdog of the Crypto currency scene has increased in value over 90% last month. Now many ask the question why! 

Here are a few reasons:  

Facts: 

Launched: 31. March 2015 

Programming language: Java, Javascript 

Consensus mechanism:   Proof of Importance

The NEM blockchain is comparable to that of Ethereum however, according to statements of the developers are even easier to integrate applications. 

NEM.io Foundation’s President Lon Wong :

“Yes, we are certainly a Blockchain solution that can have multiple vertical applications. We have converts from Ethereum and Bitcoin that were amazed at how easy it is to develop in NEM. For example, we put together a land title registry solution in less than five days, whereas we can see a competition who’d have an army of programmers to do similar things in months using the Bitcoin core technology. We also heard that this similar project would take 1 month to do in Ethereum. This bodes well for the future of NEM.”

Source: http://nemflash.com/top-10-crypto-nem-pushes-augur-steem/

A further milestone was NEM in the last days connected with Chronobank:

 

"ChronoBank, an ambitious blockchain project that takes aim at the inefficient recruitment sector, is partnering with the versatile NEM cryptocurrency platform to create a separate wallet for the NEM ecosystem. ChronoBank will also issue Labour Hour (LH) tokens on the NEM network and use on-chain multi-sig, one of NEM’s flagship security features."

Source: 

 https://blog.chronobank.io/chronobank-partners-with-nem-to-create-chrononem-wallet-eebdc176351d#.1pxn7tjng