Symbol

Built on a next-generation, open-source decentralized blockchain platform from NEM, Symbol is the trusted, secure value exchange network for businesses. Operating as a connector between business and blockchain, Symbol reduces friction, increases trust, and expands the flow of ideas to accelerate innovation. Designed to empower enterprises and developers, organizations and individuals to create value together, Symbol represents the next evolution of blockchain.

Symbol's technology features a layered architecture and plugin framework, allowing preconfigured smart contract functionality with much higher performance and lower cost than alternatives. With on-chain logic options extensive but not Turing complete, off-chain solutions can easily interact with Symbol. The platform also boasts increased speed, usability, security, and flexibility, making it the smart, effective choice for both enterprise users and developers.

Symbol is used by businesses to create value through technology, reduce cost, complexity, and find new ways to create value. As a secure, trusted platform, Symbol enables the exchange of all assets and builds connections between business and blockchain. The token, XYM, provides value to holders/users by facilitating transactions on the network. With a strong focus on collaboration and open-source development, Symbol is poised to become a leading player in the blockchain ecosystem.

The Symbol team has a strong track record in developing innovative blockchain solutions, with NEM being a well-established player in the space. The platform has gained significant traction since its launch in 2021, with a growing community of developers and users contributing to its growth. With a robust roadmap in place, Symbol is well-positioned to continue its upward trajectory and become a major force in the blockchain industry.

As the public chain launched on March 17, 2021, Symbol has already made significant strides in establishing itself as a credible, reliable, and trustworthy offer in the enterprise landscape. With a strong focus on innovation and collaboration, Symbol is poised to continue its growth and development, providing a secure and trusted platform for businesses to create value through technology.