NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[cryptonit]

for sure u can say now XEM price start to hype +53% in a day

[1714209531]

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[1714209531]

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[jelin1984]

Xem will be great at few days

[greentea]

Can't keep up with all these announcements

http://allcoinsnews.com/2015/12/17/dragonfly-inks-deal-with-nomura-sbi-sumishin-net-bank-offering-nem-blockchain-based-solution/

[megashira1]

Where can I find that list with IPs for remote harvesting?

[Thingamajig]

[mladen00]

Xem will be great at few days
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Could someone explain how Mijin ties in with Nem besides being from the same devs? and give an example of a real world case. tks

Yes, can someone comment on this.

Mijin appears to be getting good traction and interest.  

For investors in NEM/XEM how does this benefit ... Makoto?

this is best q

they will use xem blockchain and???

[jwinterm]

Can someone just please tell me wtf that noise was...?

[luckygenough56]

Can someone just please tell me wtf that noise was...?

some bank may use xem tech...

...but not xem coins 

[nembit86]

Can someone just please tell me wtf that noise was...?

some bank may use xem tech...

...but not xem coins 

if something is needed......it grows in value.........think about it folks !!!!!!!

[patmast3r]

Could someone explain how Mijin ties in with Nem besides being from the same devs? and give an example of a real world case. tks

Yes, can someone comment on this.

Mijin appears to be getting good traction and interest.  

For investors in NEM/XEM how does this benefit ... Makoto?

I'm not directly involved but here's what I understand.

First I'd like to point out that there have been several things in the media in the last days. Some pertaining to mijin, others pertaining to NEM and Dragonflypay.

Mijin - to my knowledge - has no immediate connection to NEM other than the API. The APIs are exactly the same. A company that uses mijin can use NEM without changing a line of code (API wise anyway, obviously throughput is different and therefore other code may need changing). Another thing to note is that part of the code base is - again, to my knowledge - the same. A lot of optimizations that are being done for mijin are also applied to NEM. So this is one way that NEM benefits immediately.  I'm sure makoto can expand on future plans and what relationship there could be between NEM and mijin.

Dragonflypay on the otherhand has immediate impact on NEM because it - afaik - uses NEM directly. Here's the press-release on what's been happening there and what that is http://www.reuters.com/article/dragonfly-fintech-idUSnPn1Ptv6F+91+PRN20151216

[nembit86]

                         Attention all newcomers !!!!!!!

Join the community on Telegram or Slack........... this thing is starting to move ....!!!!!!!!!!!!

[luckygenough56]

nice to see no hostility in trollbox anymore

[makoto1337]

It seems projects like this nobody cares:

http://www.coindesk.com/press-releases/infoteria-private-blockchain-startu/

Anyway, crypto trolls here won't care. They only rant and curse it because they see nothing in the movement of the price. It is ok. They can continue to do so. As I said, what is more important is the few of us are tirelessly working on it. Soon, people will realise more and more of NEM would hit mainstream. Fact is, mainstream won't care to speculate on the price of XEM.

And fact is, mijin is not the only initiative that is moving on. There will be others coming along as we progress. It is a multi-prong market approach by multiple parties.

Infoteria's stock price shot up the next day after that announcement and was locked for maxing out gains (they do that in Japan if a price is going up or down too fast).  Since that time it has added a whopping $70,000,0000 to its stock price!  And the tech they are using to build with is NEM tech.

The power of NEM ... Nice to see the hard work paying off for Makoto.

Infoteria's stock price after partnering with Mijin/NEM

http://www.bloomberg.com/quote/3853:JP

You should check out sakura internet stock too.

[makoto1337]

Could someone explain how Mijin ties in with Nem besides being from the same devs? and give an example of a real world case. tks

Yes, can someone comment on this.

Mijin appears to be getting good traction and interest. 

For investors in NEM/XEM how does this benefit ... Makoto?

We are considering interoperability with the NEM and other chains being enabled by registering namespaces on the NEM main chain.

[makoto1337]

Could someone explain how Mijin ties in with Nem besides being from the same devs? and give an example of a real world case. tks

Yes, can someone comment on this.

Mijin appears to be getting good traction and interest.  

For investors in NEM/XEM how does this benefit ... Makoto?

I'm not directly involved but here's what I understand.

First I'd like to point out that there have been several things in the media in the last days. Some pertaining to mijin, others pertaining to NEM and Dragonflypay.

Mijin - to my knowledge - has no immediate connection to NEM other than the API. The APIs are exactly the same. A company that uses mijin can use NEM without changing a line of code (API wise anyway, obviously throughput is different and therefore other code may need changing). Another thing to note is that part of the code base is - again, to my knowledge - the same. A lot of optimizations that are being done for mijin are also applied to NEM. So this is one way that NEM benefits immediately.  I'm sure makoto can expand on future plans and what relationship there could be between NEM and mijin.

Dragonflypay on the otherhand has immediate impact on NEM because it - afaik - uses NEM directly. Here's the press-release on what's been happening there and what that is http://www.reuters.com/article/dragonfly-fintech-idUSnPn1Ptv6F+91+PRN20151216

Actually, because the NEM and Mijin APIs are the same, it is great to have so many companies learning the API! Already 50 companies signed up for the test with Mijin, which is aimed at devs who can use the API. This will train a lot of people to work with our system.

[patmast3r]

Could someone explain how Mijin ties in with Nem besides being from the same devs? and give an example of a real world case. tks

Yes, can someone comment on this.

Mijin appears to be getting good traction and interest.  

For investors in NEM/XEM how does this benefit ... Makoto?

I'm not directly involved but here's what I understand.

First I'd like to point out that there have been several things in the media in the last days. Some pertaining to mijin, others pertaining to NEM and Dragonflypay.

Mijin - to my knowledge - has no immediate connection to NEM other than the API. The APIs are exactly the same. A company that uses mijin can use NEM without changing a line of code (API wise anyway, obviously throughput is different and therefore other code may need changing). Another thing to note is that part of the code base is - again, to my knowledge - the same. A lot of optimizations that are being done for mijin are also applied to NEM. So this is one way that NEM benefits immediately.  I'm sure makoto can expand on future plans and what relationship there could be between NEM and mijin.

Dragonflypay on the otherhand has immediate impact on NEM because it - afaik - uses NEM directly. Here's the press-release on what's been happening there and what that is http://www.reuters.com/article/dragonfly-fintech-idUSnPn1Ptv6F+91+PRN20151216

Actually, because the NEM and Mijin APIs are the same, it is great to have so many companies learning the API! Already 50 companies signed up for the test with Mijin, which is aimed at devs who can use the API. This will train a lot of people to work with our system.

Yes but realistically why would they switch from mijin to NEM once they implemented mijin ?

[makoto1337]

Could someone explain how Mijin ties in with Nem besides being from the same devs? and give an example of a real world case. tks

Yes, can someone comment on this.

Mijin appears to be getting good traction and interest.  

For investors in NEM/XEM how does this benefit ... Makoto?

I'm not directly involved but here's what I understand.

First I'd like to point out that there have been several things in the media in the last days. Some pertaining to mijin, others pertaining to NEM and Dragonflypay.

Mijin - to my knowledge - has no immediate connection to NEM other than the API. The APIs are exactly the same. A company that uses mijin can use NEM without changing a line of code (API wise anyway, obviously throughput is different and therefore other code may need changing). Another thing to note is that part of the code base is - again, to my knowledge - the same. A lot of optimizations that are being done for mijin are also applied to NEM. So this is one way that NEM benefits immediately.  I'm sure makoto can expand on future plans and what relationship there could be between NEM and mijin.

Dragonflypay on the otherhand has immediate impact on NEM because it - afaik - uses NEM directly. Here's the press-release on what's been happening there and what that is http://www.reuters.com/article/dragonfly-fintech-idUSnPn1Ptv6F+91+PRN20151216

Actually, because the NEM and Mijin APIs are the same, it is great to have so many companies learning the API! Already 50 companies signed up for the test with Mijin, which is aimed at devs who can use the API. This will train a lot of people to work with our system.

Yes but realistically why would they switch from mijin to NEM once they implemented mijin ?

There are use cases for a public chain.

[Xpedite]

We're getting some typical BTT attention in this thread:

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/4

And 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+PRN201512163
German: http://www.wallstreet-online.de/nachricht/8207730-startup-dragonfly-fintech-revolutioniert-traditionelle-banking-loesungen1

SBI 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.html3

Additionally, 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/5

Since 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!

[martismartis]

forum.nem.io down?

[cryptonit]

was this official? found it on slack
in my opinion it show clear that dragonflypay can be a killer app
and it runs on top of NEM blockchain!