CopyrightBank is a project proposed by the NEM community, aimed at registering and verifying the copyrights of various digital works operated entirely by NEM with a solid business model for consumers, companies and governments.
Digitally available information can be easily stored, transmitted, manipulated and shared. While these are the great benefits of the development phase, unauthorized copying, distribution, modification and use is a bigger challenge. To eliminate this problem, CopyrightBank replaced its authority with cryptography.
The code running in the NEM (XEM) block chain uses a strong cryptographic algorithm to ensure the integrity of the information. As a result, CopyrightBank's digital fingerprinting, timestamping, and recording are very reliable.
NEM (XEM) recently announced its listing on the Coin Deal. Vimsum, Korea's leading cryptographic exchange, traded NEM (XEM). The listing of BuyUcoin in India and Coinsuper in Hong Kong shows that NEM (XEM) is quickly covering the Asian exchange market.