# NEM Reviews **Vendor:** NEM **Category:** [Blockchain Platforms](https://www.g2.com/categories/blockchain-platforms) **Average Rating:** 4.6/5.0 **Total Reviews:** 5 ## About NEM NEM offers a blockchain platform designed and coded from the ground up for scale and speed. ## NEM Reviews ### 1. Very well designed for future capacity expansion **Rating:** 4.0/5.0 stars **Reviewed by:** Bernard G. | Technology Evangelist, Mid-Market (51-1000 emp.) **Reviewed Date:** January 16, 2025 **What do you like best about NEM?** NEM’s emphasis on speed and scalability were the most appealing aspects when I developed as a blockchain developer. The time taken to confirm transactions is relatively faster as compared with other platforms, thus suitable for use with high-traffic volumes. **What do you dislike about NEM?** Smart contract deployment on NEM is different from Ethereum and implementing smart contracts which are smart and intricate, take more effort. This can be an issue to businesses or developers who are seeking a far much better operating base. **What problems is NEM solving and how is that benefiting you?** NEM considerably solves such issues as scalability problems which are experienced by some of the most widely-used blockchains. Its high TPS make it suitable for usages where a large number of data have to be processed within a very short time. ### 2. NEM: Blockchain based Crypto Asset **Rating:** 4.5/5.0 stars **Reviewed by:** Neerav K. | SDET II, Small-Business (50 or fewer emp.) **Reviewed Date:** September 15, 2022 **What do you like best about NEM?** NEM has its own crypto token XEM which is based on Blockchain network. So, network security gets enhanced. Digital asset which is a futuristic technology and NEM promoting this. NEM via its crypto providing a very smarter way to manage the assets. **What do you dislike about NEM?** Very few use cases and thus not that much convincing in eyes of bulls and so ROI is literally volatile. On Hype base, its price goes very up. Need to improve fundamental use cases for xem **What problems is NEM solving and how is that benefiting you?** Making assets decentralised, secured asset management and because of crypto hype good ROI on investment as well. Have multiple benefits in terms of crypto & decentralisation of currencies. ### 3. NEM's ecosystem blends you well! **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.) **Reviewed Date:** October 08, 2022 **What do you like best about NEM?** The introduction of the NEM emblem follows its status as the first blockchain platform to offer a wide range of services. An excellent hybrid blockchain solution for businesses throughout the industry allows teams to collaborate easily on the same platform. **What do you dislike about NEM?** The NEM Group's tagline, "Because together, everything is possible," speaks much about the organisation. Even if you wish to collaborate with or refer it to more people, the company still needs to advertise it more in the market because they could not be aware of it. **What problems is NEM solving and how is that benefiting you?** Excellent consulting and IT services provider in the same field of competence, with individuals whose knowledge of the group benefits them on several levels. The next generation of global company will reinvent what blockchain solutions look like with the exciting additions of voting, asset exchange, and reward points, to name just a few. ### 4. CRYPTO and future of NEM **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Computer Software | Mid-Market (51-1000 emp.) **Reviewed Date:** September 19, 2022 **What do you like best about NEM?** The advanced blockchain technology used by it. No downtime and outrage since it's launch. **What do you dislike about NEM?** The price is quite volatile and is fluctuating a lot these days **What problems is NEM solving and how is that benefiting you?** Am using it to invest and is seeing profits ### 5. NEM the future of the cryptocurrency **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Computer Software | Mid-Market (51-1000 emp.) **Reviewed Date:** September 19, 2022 **What do you like best about NEM?** Advanced blockchain technology used. No issues like network downtime or outeage since inception **What do you dislike about NEM?** Highly volatile price fluctustes faster and high risk involved **What problems is NEM solving and how is that benefiting you?** It is used for investment purpose and earnung good profits - [View NEM pricing details and edition comparison](https://www.g2.com/products/nem/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-20+14%3A30%3A25+-0500&secure%5Bsession_id%5D=2a296f81-8b33-4dc2-910f-4a9dbc1e71c2&secure%5Btoken%5D=0f0f95a2414cb039dc8e0fde2c91bf79415b249a43ac81a7288472a1af25dd2e&format=llm_user) ## NEM Features **Administration** - Smart Contracts - Token Creation - Security and Privacy Policies **Functionality** - Side/Child Chains - Atomic Swap - Industry Specialization **Performance** - Consensus - Block Time - Transaction Costs - Scalability ## Top NEM Alternatives - [Ethereum](https://www.g2.com/products/ethereum/reviews) - 4.3/5.0 (36 reviews) - [POK - Proof of Knowledge](https://www.g2.com/products/pok-proof-of-knowledge/reviews) - 5.0/5.0 (38 reviews) - [TransferChain](https://www.g2.com/products/transferchain/reviews) - 4.7/5.0 (29 reviews)