NEM becomes top 5 cryptocurrency

in #crypto-news8 years ago (edited)

I've always thought NEM (symbol: XEM) had a lot of potential and today it became a top 5 cryptocurrency on CoinMarketCap.com thanks, at least in part, to news that came out today (see below). This could be pretty big.

Sort:  

what's the next 5th rank

yes good write for crypto
thank you for sharing
AND happy new year
this he have 3 years

Dragonfly Fintech Selected to Implement Payment Solution

SINGAPORE, June 20, 2016 /PRNewswire/ -- Singapore Dragonfly Fintech (DF), clinched a deal today to power Metro Money Exchange, a Malaysian licensed wholesale and money remittance company using the NEM's Blockchain Technology. The payment and settlement solution will be implemented in partnership with BC Fintech Sdn Bhd, a Dragonfly system integrator.

The solution will drive the entire remittance chain, from wholesale foreign exchange to the receipt of fiat money at the recipient's end. The remittance market in Malaysia is about $10 billion per annum.

"It is about transforming the money remittance space and repositioning the service as a platform business allowing near frictionless participation," said Lon Wong, CEO, Dragonfly Fintech.

This solution is also applicable to banks, and they are very positive about this solution. Banks are meticulously working through their processes to ensure stakeholder concerns and needs are addressed before embarking on such a project. Dragonfly will continue to work closely with its clients in supporting their decision-making needs.

[Full story on Yahoo Finance]

I am a holder of XEM and noticed it's been through the roof last few days . Awesome news!

Upvoted! Good stuff man :D

Hello @tombstone, we are just trying to set crowdfunding on Steemit to get resources to save Abongphen Highland Forest in Cameroon. Please could you help us in our effort? Thank you verz much for your upvotes and resteems. https://steemit.com/introduceyourself/@kedjom-keku/do-it-for-forest-crowdfunding-who-are-we-actually-forest-friendly-family-each-11usd-10x10-m-forest-saved

Really nice post ! Crypto currency is a very hot topic

Looks like you predicted the spike 1 year ago

Ugh. Kraken needs to get its shit together and list NEM

Thanks for this article. I love the cryptos and the metals. I spent several hours putting this mining stock investigation together. I hope you find it of value. I think silver and gold may be ready to start moving up again very soon. This is an article I wrote breaking down some mining companies, the better of which should outperform the metals themselves by a wide margin. https://steemit.com/money/@motowngold/i-think-gold-and-silver-are-staging-for-a-run-here-are-some-mining-stock-ideas

hi @tombstone, i found out today that magicdice has exit-scammed steem and i pulled my delegation.
i see you are a delegator too, i guess you should do the same :)

Hey Tombstone,
Incredible journey this! Just wrote a post "the true power of steemit, building community, empowering change - thought you might appreciate some aspects of it! https://steemit.com/anarchism/@willstephens/the-true-power-of-steemit-building-community-empowering-change
As I am new here any help you can give me to get on the ladder would be for ever appreciated, have a beautiful day ;-), Thanks, Will