NEM is delighted to announce that NEM’s own cryptocurrency, XEM, has exclusively listed on BitoPro, a digital asset exchange owned by BitoEX. The listing expands NEM’s presence in the Taiwanese market and will enable NEM to continue expanding its high-quality blockchain ecosystem.
XEM’s listing on BitoPro will enable Taiwanese users to purchase XEM directly using the New Taiwanese Dollar, providing safer and more convenient trading through BitoPro. Looking ahead, NEM will continue to form partnerships with major companies across various fields to accelerate industrial modernization and system optimization through blockchain.
Titan Cheng, CEO of BitoEX, said that NEM is an important benchmark for the blockchain industry. He believes that the partnership between the two sides will be strong, providing users with safer and faster services, and making the entire blockchain ecosystem more complete.
NEM’s new cooperation with BitoPro in Taiwan builds on the foundation’s strong presence in 21 countries around the world. Drawing upon its strong global experience, NEM strives to help Taiwanese corporates and organizations become more efficient and development a greater understanding about blockchain. NEM’s blockchain is the first smart asset blockchain in the world, which is built for enterprise applications and helps corporates to develop all kinds of assets such as virtual currencies, supply chains, notaries and ownership records. Through a stable and continuously optimized technology, NEM Taiwan looks forward to forging and expanding its partnerships with corporates and organizations throughout Taiwan.
Flora Fang, Head of NEM Taiwan, said, “We hope that through NEM’s public blockchain technology, we will be able to use the power of the world’s best intellectual asset platform to develop mature industrial applications and build smart cities for Taiwan’s economy and blockchain industry. Our new partnership with BitoPro reflects NEM’s deepening ties with Taiwanese talents. Now it’s really convenient that Taiwanese users can buy XEM with NTD, we’re looking forward to building win-win situation with BitoPro”
Also, TTcode, a mechanism created by BitoEX that allows buyers and sellers to trade safely, officially launched on October 31. Titan Cheng said, “This service provides a better mechanism to ensure the security of transactions between users and creates a new era of virtual currency circulation. We expect that there will be more commercial applications using TTcode in the future.”
ABOUT THE NEM BLOCKCHAIN PLATFORM
NEM is an “out-of-the-box”, enterprise-grade blockchain platform which launched in March 2015. NEM has industry leading blockchain features which include: multi-signature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. Companies with legacy systems can “plug ‘n play” with NEM.
ABOUT THE NEM.io FOUNDATION LTD
NEM.io Foundation is registered in Singapore, operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.
BitoEX Technology Limited was established in British Virgin Islands in 2014 and our R&D team is located in Taipei and Hong Kong. Our vision is to use blockchain technology to solve the drawbacks of traditional financial services. BitoEX also invests a lot of security resources to provide the most stable and secure transactions.
Users can buy Bitcoin through over 3,000 convenience stores in Taiwan since 2015. With 80% Taiwanese market share and 300,000 members, we launched the international cryptocurrency exchange, BitoPro in early 2018 and plan to expand to Southeast Asia in the future.