WatermelonBlock has been making headways on the cryptocurrency scene in 2018, developing an AI-powered sentiment analysis app that gives investors a real-time snapshot of the voice of the market. Recognizing the importance of authentication and notarization in blockchain technology, WatermelonBlock has chosen NEM’s backbone authentication services, known as Apostille, to guarantee the credibility and accuracy of all trades and data.

WatermelonBlock will guarantee backdated data is accurate by instantly creating a timestamped hash — a digital footprint of any sentiment data set. This is then stored permanently on the blockchain, giving users a benchmark to compare any future versions against the data. Ensuring data is not manipulated and correctly used for its desired purpose is a mantra of WatermelonBlock — who knows better than anyone, the power of information. This superior authentication function is perfect for trade registrations, licenses and contracts implemented by WatermelonBlock’s technology.

The NEM blockchain platform is built from a network of nodes, all running NEM’s core node server software. In summary, these nodes provide a powerful, easy-to-use, stable, and secure platform where Smart Assets transactions are conducted, searched, and immutably logged to the blockchain ledger. This is timestamped through the apostille function which provides an immutable hash representation of the sentiment data set.

WatermelonBlock, in partnership with NEM will continue to develop transparency through the use of this protocol. This authentication initiative will be implemented, at first, within the WatermelonBlock sentiment analyser, and across all future products, such as WatermelonSeed — a business analytical tool focusing on sentiment analysis.