Coffee 'N Crypto | 19th Cup

We talk NEM (XEM) and Enigma (ENG) in this 19th Cup of Coffee 'N Crypto.

In this @dlive video, we go more into detail about the following information and more:

NEM (XEM)

The New Economy Movement (NEM) is a blockchain platform that offers access to its public blockchain or the ability to have private blockchain solutions that harnesses the same code and currency of the public blockchain.

One of it's focuses is its' smart asset system that helps facilitate the digitizing of assets.

It uses its own Proof of Importance consensus mechanism to power the network.

Why is it ranked #11 in terms of market capitalization and is the recent price stabilization due the refund statement of Coincheck for the recent XEM hack?

Enigma (ENG)

Enigma is a MIT-based team whose focus is decentralizing privacy. They have done that already with the release of their first product, Catalyst, which is a Bloomberg-like financial terminal for cryptocurrency.

Enigma operates an off-chain data network that allows for the storage of large amounts of information securely.

Nodes in the network do not see the data they process, but yet can still prove they made the computation. This is opening the door for Secret Contracts which are smart contracts that are encrypted

The Enigma protocol can work with any blockchain to be able to provide secret contracts for that network.

The Enigma data marketplace was just released on the Ethereum test network. Is this the explanation for the recent price rise?

Coffee 'N Crypto | 19th Cup

NEM (XEM)

More information in video.

Enigma (ENG)

More information in video.

Hope this DLive video helps provide value to you while you navigate this cryptospace.

Other Cups in this Series:

Much love and appreciation for your time and attention.

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