NEM Announces Private Developer Beta Launch of Catapult, a Full-Featured Blockchain Engine

NEM Announces Private Developer Beta Launch of Catapult, a Full-Featured Blockchain Engine


SINGAPORE, March 25, 2018 – The Foundation and the NEM developers, the makers of the NEM blockchain temporary platform that provide payments, messaging, asset creation, and much more, today announced the closed beta launch of the Catapult (also called mijin v.2 ), the long-awaited update of the NEM blockchain rigged by Tech Bureau. This private preview demonstrates technology that will first be used for private networks, and then for the public network NEM. Catapult is a full-featured blockchain engine that includes both public and private networks with unique intelligent plug-ins for contracts. These plugins allow you to create bullet-proof digital assets, decentralized swaps, advanced account systems, and business logic simulation.

After 2.5 years of development, partners, clients and elected community members can apply for access to the NEM catapult. NEM blockchain software and its successful adaptation of adaptive protection mijin v.1 are also checked by financial institutions at the international level.

There are three steps for the Catapult beta program:

Stage 1: catapult developer preview and release of SDK

Stage 2: Catapult Core Engine release rating

Stage 3: Double Catapult Licensing in both Open Source and Commercial Licenses

NEM is ready to ship the blockchain platform, which was launched in March 2015. NEM has some of the most advanced locking features that include multi-signature contracts, customizable assets, naming system, encrypted messages, and Eigentrust ++ system reputation.

Tech Bureau, a fintech and cryptocurrency group company in Japan, USA and Europe, develops software and services for blockchain technology. Tech Bureau has developed mijin, a private software for the blockchain and the bitcoin exchange platform and the Zaif platform. The Tech Bureau recently launched a single COMSA solution that provides consulting, expertise and solutions to companies to support their own ICO and implement blockchain technologies in their business.

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