NEM Smart Asset System is the blockchain technology of the century. This cutting-edge product offers a new method of maintaining a secure log of transactions in comparison to a traditional database. The primary focus is on building exactly what you need. This way NEM's modular Smart Asset system enables business clients to establish an innumerable variety of real-world applications. The flexibility of the framework provides clients with an environment based on their needs.The private blockchain which NEM delivers relates to industry-leading transaction rates for internal records. One-of-a-kind mechanism and programs ensure that the platform remains open-source, public and free for use, while still being a fast blockchain that can grow without compromising throughput or stability.The NEMs' system allows integration of all business requirements to be customized for proper usage of the NEM blockchain. By applying the system's built-in features, a user defines their own Smart Assets and connects them together. Therefore they are enabled to represent almost any system of business transactions on the blockchain with minimal development. NEM's architecture is simple and flexible making it a powerful tool in the digital world.