NEM at Consensus Showcases New Companies Built on NEM Blockchain

NEW YORK [CONSENSUS 2018], May 15, 2018 (GLOBE NEWSWIRE) — The NEM.io Foundation (https://www.nem.io/) and the developers of NEM, creators of the peer-to-peer NEM blockchain platform providing payments, messaging, asset making and more, today announced a line-up of 15 partners at Consensus deploying NEM to build new products. One of the highlights is the beta launch of Catapult (also called mijin v.2), the latest update to the NEM blockchain run by Tech Bureau. Catapult is a fully-featured blockchain engine powering private networks with unique smart contract plugins and is planned to roll out on the public network in late-2018. Catapult’s plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.

NEM has rented out the entire floor of the Sutton Space Pavilion to showcase some of the top products and teams innovating with NEM. Exhibiting partners include TechBureau / mijin, Asta, He3Labs, LoyalCoin, Verses, Zeus Exchange, PeerStream, Kchain, Digital2Go, GoBlock and Luxtag.

“The vast array of our partner companies at Consensus highlights how NEM blockchain provides real, customizable solutions for a growing range of industry sectors”, said Kristof Van de Reck, Interim President of the NEM Foundation.

The Catapult platform represents a commercial open-source approach to an enterprise distributed ledger offering built by Tech Bureau, powering both public blockchain networks, like NEM, as well as larger-scale, high-throughput enterprise distributed ledger deployments, complete with unique smart contract plugins. These plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.

The release of Catapult follows nearly three years of development, testing and continuous platform enhancements, now delivering an enterprise-ready version of the NEM protocol for running both permissioned and mixed private/public blockchain networks. Catapult has introduced aggregated transactions and multi-level, multi-signature accounts — features not available on any other blockchain.

“Fueled by Catapult, NEM is the Swiss Army knife for enterprises adopting blockchain technology,” said Van de Reck. “Its powerful suite of components combined with ease of use and implementation, will accelerate enterprise blockchain adoption to serve the needs of the biggest technology businesses in the world, whether for electronic money systems, user authentication, land and property registration, logistics tracking, food traceability, or numerous other uses.”

To meet with NEM, Catapult, and other key NEM partner companies at Consensus please visit us at the NEM Pavilion.

About NEM.io Foundation Ltd
NEM.io Foundation is a non-profit organization based in Singapore, set up to promote NEM’s blockchain technology globally. It is currently one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.
For more information, please visit: www.nem.io
Press contact, Alexandra Tinsman, NEM.io: press@nem.foundation

About NEM
Launched in 2015, NEM is an out of the box blockchain platform with powerful and sophisticated features that include multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eienteust++ reputation system.

About Tech Bureau Group
Tech Bureau, a fintech and cryptocurrency group company in Japan, the U.S., and Europe, develops software and services for blockchain technology. Tech Bureau has developed mijin, a private blockchain software, and Zaif, a Bitcoin and cryptocurrency exchange platform. Tech Bureau recently launched a one-stop solution, “COMSA”, that provides companies with consultation, expertise, and solutions to support their very own ICOs and implementations of blockchain technology into their businesses.
For more information, please see the following URLs:
COMSA – https://comsa.io/en/
Zaif® – https://zaif.jp/
mijin® – http://mijin.io/en/
Press contact, Tech Bureau: techbureau@transform.pr

Note: NEM did not issue this press release through our service. We are simply sharing it on our website since it was distributed by a top-tier newswire service and relates to crypto.

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