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New Economy Movement - Crypto currency 2.0NEM, which stands for the New Economy Movement, is a technology platform intended to be used to manage assets and data easily and inexpensively. NEM (XEM) �New Economy Movement� is a Java-based blockchain that enables numerous ledgers on its crypto tiers. NEM's ecosystem, which debuted in NEM, or New Economy Movement, is a blockchain protocol and ecosystem with a native cryptocurrency: XEM coin. The project was created.