NEM Enterprise Use Cases

Financial Payments

Financial services companies can use NEM for instant payments and transfers anywhere in the world. One of NEM’s key advantages is its ability to seamlessly interface between public and private blockchains. This means you can transfer currency, tokens, or files from your internal company network, through the public blockchain, and into another company’s network.

Create Your Own Cryptocurrency

NEM’s Smart Asset System allows you to define and launch your own tokens or cryptocurrency with no programming needed. Just open the client and define the name, number of coins, divisibility, transferability and levy, and you are done. You can make transactions free with your new coin, or set transaction fees in any amount you wish.

Mobile Payments

You can use NEM’s cryptocurrency, called XEM, or create your own cryptocurrency on NEM. NEM is an excellent choice for mobile retail payments. NEM blocks complete every 60 seconds, making transactions confirm quickly enough for everyday use. Transaction fees are kept low enough to make even small purchases practical. NEM’s mobile wallet is barcode-enabled, allowing easy payments without typing addresses.

XEM is also a great choice for online purchases.

Equity Markets

The equity market poses a very inefficient system when it comes to post-trade clearing, payment and settlement. Trade matching occurs at the rate of hundreds of transactions per second but clearing and settlement of stock takes more than two days to complete. The equity market should consider a complete system revamp as the current systems and practice methods are based on legacy process practices that are outdated. The NEM blockchain technology is a suitable core component to re-design the equity market ecosystem which could save the industry billions of dollars a year in operational expenses.

Escrow Services

NEM can form the basis of escrow services. You can set up trustless accounts to manage transfers of currency, tokens, data, or any other assets. You can also set a minimum number of digital signatures (up to 32) required before a transfer executes.

Liquid Asset

The network has set a permanently fixed amount of XEM, meaning there will never be inflation. Every transaction on the public blockchain requires a small transaction fee, ensuring demand for XEM coins over time. Users also need XEM to pay for token creation, encrypted messaging and other features. This makes XEM a good liquid store of value.

Make your own PayPal

NEM makes it easy to create your own versions of payment apps. One example of such an app is NEMPay. NEMPay is an open source payment app that allows anyone to use the blockchain for peer to peer payments. You can even copy it, name your custom crypto tokens, add your logo, and you’ll have your own branded payment app similar to PayPal.

Automatic Accounting

All transactions and documents in NEM are permanently preserved and untamperable on the blockchain, allowing for complete transparency with finance, contracts, and other records. This makes it easy for automation of accounting in real time.

KYC (Know Your Customer)

NEM’s accessibility and ability to host multiple asset types in a single ledger make it ideal for keeping track of customer information. Whenever customer contacts or transactions occur, records are instantly updated on the blockchain with no need for human paperwork. This saves costs, reduces risk of loss, increases security, and makes your customer records permanently available.

Loyalty Reward Points

Nearly every large retailer, hotel, credit card, grocery store, casino, beverage, and airline has a loyalty rewards points program.

Since these points have a cash value it’s important to treat them as a form of money. NEM brings security and speed to these systems, reducing fraud and mistakes, but it also allows the issuer to follow the trail of every reward point generated and perform analytics on which customers are most responsive to incentives. It also allows large companies to coordinate points between different branches of the organization.

Hitachi has already begun using Mijin, a custom version of NEM, for its PointInfinity rewards program, which has over 1.5 million users.

Shipping and Inspections

It’s been estimated that blockchain technology has the potential to save 20% or more on shipping costs. With current international shipping systems the paperwork of a typical shipping container has to pass through the hands of dozens of parties. If one of those papers is incorrect, that container may sit in storage for a week or more. In cases of perishable goods this results in goods destroyed in transit.

A blockchain solution makes the same documents accessible instantly and permanently to every party, with a complete custodial record and inspection certifications in one location. NEM is ideally suited to this use case since it’s the only scalable blockchain technology that lets users create new contracts and record keeping systems without coding expertise.

Logistics (Supply Chain Management)

NEM’s blockchain can reduce costs and improve performance in automatic supply chain management. With this type of system, whenever a customer places an order new parts are automatically ordered to begin replacing that inventory. Manufacturing progress and shipment tracking are also part of the system. Every action in the supply chain process is automatically generated and documented in real time, allowing savings and better performance in just-in-time delivery.

Encrypted Messaging

Messages sent through the NEM Blockchain can be natively encrypted using the user’s private key. This ensures authenticity and privacy while maintaining security. Data storage and transmission on a public or private NEM network has never been hacked or compromised.

Authentication and Notarization

One of NEM’s strengths is its ease of use for authenticating documents. NEM can instantly create a timestamped hash (cryptographic signature) of any document or file. This is stored permanently on the blockchain so you can compare any future versions against it. If the file has been changed in any way the signatures won’t match. This saves time, money, and removes the need for notaries. It’s great for use with patents, trade registrations, licences, and anything that should be notarized.

Apostille is one such notarization app that’s already up and running. It allows instant cryptographic proof of any file’s authenticity. It also records ownership data and a timestamp to prove who recorded it and when.


With NEM, you can make your product unforgeable by putting a complete record of origin and chain of custody in the blockchain. NEM has partnered with Luxtag to create an app that makes this process simple. It’s useful for property records, vehicles, art, and any high value or branded goods. Records can also include useful information about repairs and upgrades, something no certificate of authenticity can do.

Certificate Issuance

NEM’s data management tools are perfect for public and private record keeping. It’s great for professional certificates such as for accountants, healthcare providers, brokers, and insurance agents. You can create your own certificates or use standardized ones for your industry. You can set them to be private or publicly accessible.

Corporate Compliance

Corporations are required to keep records of compliance with laws and industry regulations. This includes things like employee harassment training, safety inspections, employee certifications, background checks, equipment maintenance, and accident reports. Maintaining and auditing these records have high costs but losing them can expose the company to legal risks.. Many companies still keep paper records as backups for all these reasons.

Once a record is entered into the NEM blockchain it’s there permanently, timestamped, with a record of who filed it and a complete history of any changes. Strong encryption keeps sensitive data confidential.

Land Registry

The NEM blockchain is ideal for tracking land and property ownership and rights. Whether you are an owner, leaseholder, government representative, mortgage holder, escrow service, or broker, you can access all registered information in one place, including a complete chain of custody, inspections, tax valuations, liens, environmental liabilities, and everything else needed for real estate transactions.

Landstead is one such application in the NEM ecosystem, making it easy to scale NEM’s features to many users.

Access Control

NEM is the first blockchain with built-in multisignature access. This makes it easy to control who has access to which data records or tokens and limit access to cryptocurrencies, tokens, and records tracked in the NEM blockchain. Multisignature accounts allow the creator to specify how many signatures out of a possible maximum are needed to access the account. This is called N of M signatures. So an account might require the signature of any 3 of 6 total board members to send the account’s funds or tokens.


NEM provides voting security on par with the best financial grade security software. Votes can’t be tampered with since there’s a permanent and complete record of every entry and change. It’s appropriate for governments and institutions that require automation, speed, security, and transparency of voting records. Privacy can be maintained with encryption, but a vote, once entered, is instantly counted and permanently auditable.

The NEM network also supports voting on corporate governance, tracking each member’s or shareholder’s votes per their voting rights.


Creating your own coin or token allows investors to buy a stake in the company’s future. These coins can represent any item, digital or tangible, including shares of the new company. Buyers can keep the tokens, trade them, or redeem them for currency or merchandise when the rewards become available.

NEM’s blockchain provides a permanent record of backer data for crowdfunding campaigns. You can easily track who contributed, how much they gave, when they gave it, and what rewards they earned in a transparent distributed ledger. This transparency gives buyers confidence that their rewards won’t disappear. Since the system is decentralized investors can feel safe that no single party can shut it down.

NEM allows you to create a new crowdfunding platform, or use it as a back-end blockchain for an existing one.

Stock Ownership

Selling, trading, and managing private stock ownership and other financial securities on blockchains is the way of the future. It’s especially easy with the NEM network. NEM supports one-click creation of any number of stock types, such as those with special voting rights or custom vesting requirements. Automation of stock tracking adds security, reduces errors, and saves time and legal fees. Multi-signature accounts make it impossible for a single party to steal or make mistakes.

Stock purchases can be carried out instantly, and ownership certificates exchanged as securely as a cryptocurrency. Other financial instruments such as annuities and futures contracts are also supported.

ICOs (Initial Coin Offerings)

ICOs are a popular new way to raise funds and gain wide distribution of new tokens or currencies. To hold an ICO a company creates coins that represent an item, share of the company, or some other future value. The company trades these coins for other cryptocurrencies directly with any party who wants to hold them. NEM allows the easy creation, distribution, and trading of coins and tokens, which are compatible with the wallets and other trading apps available in the NEM ecosystem.

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