NEM to Launch Symbol (XYM) for Custom Security Token Markets - BeInCrypto

in hive-116221 •  4 years ago 

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The Symbol platform, launching on March 15, is a next-generation enterprise-grade blockchain that has been in development for the past four years.

The network uses a proof-of-stake consensus mechanism and enables the creation of specialized digital assets. Each will have configurable properties that can act as security tokens. The platform is from the same team that created NEM NIS1 and is an advanced evolution of the NEM blockchain.


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