NEM, a global blockchain enterprise solution platform, and Kchain, leading Korean blockchain SI company, are going to co-host the first blockchain forum in South Korea.

Kchain and NEM have partnered to host 'NEM Blockchain Dev Forum: Chapter 1' on September 9th in Seoul.

"We are excited to partner with Kchain to host the first Developer Forum in Korea. Through this forum, we hope to help advance the development and understanding of the Blockchain technology in Korea by sharing our technology and know-how with the local developers," shared Jeff McDonald, VP of NEM foundation.

Started in 2014, NEM was built from the ground up for enterprise-grade performance. Its blockchain technology offers a world class platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records, and more. In an interview with EconoTimes, McDonald explained, "The great thing about the NEM platform is that it works…I have looked around at other blockchains and any real company wanting to build a real project usually has the quickest time to development and the safest and most secure solution on the NEM blockchain.”

More recently, NEM Foundation announced plans to set up a dedicated cryptocurrency exchange platform, exclusive for the NEM cryptocurrency (XEM). The Foundation also plans to spend around $40 million in the next year to fund its global expansion programs, with an initial focus on Europe, Malaysia, and the U.S.

The forum will start off with the introduction of NEM and further explain about NIS and NCC features of NEM open source. In the second session, NEM developer will join to explain how NEM source code works through real programming exercises.

In addition, there will also be a bounty program at the end of the forum and the winner will be paid in XEM tokens. XEM is currently the seventh most valuable cryptocurrency, with its market cap around $2.5 billion.