NEM [XEM] has lately been settling up meetups and launching newsgroups in different countries as the coin has been working on its promotional activities. Over the past few days, NEM has been involved in a few tie-ups of exchange platforms and new collaborations.
Today, NEM tweeted:
“http://Cre8tor.app , powered by
@TuneBlockchain, partners with @MyCopyrightBank to register songs on the NEM Blockchain. Another project, another collaboration! This time, in the music industry! #NEM $XEM #TuneToken #CopyrightBank”
Recently, NEM announced the tie-up with CopyRightBank. The NEM blockchain technology empowers CopyrightBank as it accelerates trust in the information that it stores. This is because blockchain is a decentralized, distributed ledger that is immutable.
The code running the NEM’s blockchain uses powerful cryptographic algorithms that secures and ensures the integrity of the information. As a result, the digital-fingerprinting, time-stamping, and recording by CopyrightBank can be relied upon.
Australia and Cayman Islands—The TechCrunch Disrupt Cup grant winning group behind the music joint effort application Cre8tor.app, earlier known as RecordGram, have announced that they will use the CopyrightBank stage to enroll their produced beats and tunes on the ‘NEM blockchain’.
Cre8tor.app is a mobile recording studio, producer marketplace, and social network that allows users to create original songs cost effectively which they can share across social platforms instantly turning.
CopyrightBank intends to transform copyright works into blockchain-controlled unique resources, fueled by the NEM blockchain. It is one of the initial organizations to effectively get financing from the NEM Community Fund by NEM.io Foundation. This startup was established in Melbourne, Australia, with the improvement bolster from framework integrator ASTA Solutions and NEM.io Foundation.
Erik Mendelson CEO of Cre8tor.app and Tune Token said:
“We are excited to work with CopyrightBank because they already have a working product that allows users of our platform to register their songs on the NEM blockchain.”
Subscribe to AMBCrypto’s Newsletter
EOS and Litecoin [LTC] lead the charge as the cryptocurrency market continues to rise
Dow Jones: Market slips as Trump claims ‘there is nothing magical’ about US-China talks
XRP/USD Price Analysis: Cryptocurrency settles into sideways movement as bull run ends
XRP/Ripple: R3’s Corda Settler dApp to be tested by InstiMatch Global using XRP
Mt. Gox: Infamous Bitcoin exchange had several issues with its code, reveals Mark Karpeles
DigiByte community gears up for Global Summit while founder Jared Tate finalises book on decentralized internet
Bitcoin [BTC] developer Jimmy Song lists 3 reasons why Bitcoin SV [BSV] is a “scam”
Bitcoin [BTC] among cryptocurrencies enabled by new debit card launched by Australian Crypto exchange
Ethereum [ETH] could have been stolen through malware impersonating MetaMask
After Bitcoin [BTC] ETF silver lining, SEC puts forth circular on ICOs
Bitcoin [BTC]: Mt Gox redemption plan demonstrates the power of open source network, says Brock Pierce
- Press Release
A New Generation of Crypto-Exchange: ALL IN ONE Crypto-Exchange
- Bitcoin Cash
Bitcoin Cash [BCH] support rolled out by Coinbase custodial wallet app
Flash Hike: XRP pumps by 10% as most top-10 coins gleam green