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Interview with Lon Wong, president and founder of NEM Foundation

First appeared on Crypto Economy

Probably everyone knows about the NEM blockchain solution platform. But always behind every project there are those responsible who put their best to advance day by day. One of those people behind the NEM ecosystem is Lon Wong, president of the NEM Foundation, who kindly gave us an interview that we will share at this time:

Who is Lon Wong?

Founding President of the Foundation

Lon Wong oversees the development and strategic growth of the Foundation that was created for the promotion, adoption and support of the NEM blockchain technology around the world. This open source technology utilizes advanced cryptography to execute transactions that can be used by both private and public enterprises. NEM’s native cryptocurrency, XEM, enjoys a wide circulation and trades on multiple exchanges with an overall market capitalization of over US$2.8 billion as at September 2017.

Lon has played an instrumental role in the design of the NEM blockchain technology and he has filed a patent on the utilization of the blockchain as a representation of fiat money. Prior to his involvement with NEM, Lon spent more than 30 years building and selling businesses that span engineering consultancy, software development, networks and ISP wireless broadband.

He previously served as the Vice-President of the Association of Consulting Engineers in Malaysia. Lon graduated with a Bachelor of Engineering honors degree in Electrical Engineering from the University of New South Wales, Australia. As part of his impact investing activities, Lon funded the establishment of an autism centre in Malaysia.

What is the status of the NEM development ?

NEM has been in production for the last two and a half years. It has been running without any major failures and has been very stable. A new version of the NEM project is being developed and the private chain version of it should be release...

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