In NEM announced closed beta testing of the block-engine Catapult

[Mazda3]

NEM.io Foundation, the developers of the NEM P2P platform and Tech Bureau announced the launch of a closed beta testing of the Catapult engine, also known as Mijin v.2. Partners, customers and individual community developers will be able to participate in it, according to a press release.

It is planned that a closed preview for developers will demonstrate the technology, which will first be used in private networks, and then in the public blockade of NEM. The creators also noted "unique plug-ins of smart contracts that allow you to create bullet-proof digital assets, implement decentralized swaps, and expand the system of accounts and business logic modeling."

Beta-testing Catapult will take place in three stages:

Release Catapult Developer Preview and SDK
Test release Catapult Core Engine
Double licensing of Catapult - commercial and Open Source

Quote

"We are proud to partner with the Tech Bureau, because we believe that the new Catapult technology platform will be the future standard for the main corporate and organizational infrastructures. Catapult is more than just a NEM blockbuster upgrade. This is a new milestone that opens new opportunities for the functionality of the block database database, "said LON Wong, President of the NEM.io Foundation.

In addition to improving speed and scalability, Catapult will also offer aggregated transactions and accounts with multi-level multi-signatures. According to the developers, such a functional was not previously presented in any of the existing blockrooms.

How do you think this will positively affect the price of NEM? The course can go up?

I will be very grateful for the answers

[Kate]

Well this would help people who use NEM as a coin but I dont think many people use it. Also hope it comes out of beta ssince it would be better for the coin