NEM (XEM) has been on top of their game when it comes to getting people to adopt their platform. This path-breaking cryptocurrency aims to give people control of their economy. NEM’s innovative consensus system ensures that transactions are faster, cheaper, more efficient and is 100% transparent. The cryptocurrency’s development team has designed it to be a functional coin in the current economy.
The list of projects being built on the NEM Blockchain is quite huge. They have partnered with quite a few industry leaders as well as promising start-ups. Recently they announced a collaboration with PolicyPal to underwrite CryptoProtect insurance. The NEM Blockchain has proven its worth in the Blockchain industry time and again. Yes, it lost its rank to Binance Coin, but it’s bound to recover soon.
In recent news, the Blockchain company retweeted the news of the NEM-based Copyright Bank being officially launched. Copyright Bank is the Blockchain-powered Copyright Registration and Verification platform for your digital works.
The project will b e a case study which will be used to further market the characteristics of the NEM Blockchain. The platform will accept both XEM tokens as well as fiat currency, but all backend transactions will be via XEM.
The Blockchain platform has included a discount coupon as part of the official launch announcement. The 50% off coupon can be redeemed against purchases on the platform and is valid for a period of two weeks from now. The project’s success will give the NEM Blockchain more visibility as a Blockchain of intelligent assets. Thus, it will contribute to each XEM supporter’s ROI according to the website.
The bearish market has taken a toll on all cryptocurrencies, NEM more so because it dropped from the top 15. It won’t be long before this digital currency jumps back on the wagon.
A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possibleA piece of information about them. He works as a crypto-journalist for the website Abitcoinresource.