With Journalists on Ethereum, Will Fake News Meet Its Match?

[Angkoolart10]

Before discussing the launch of a blockchain platform for newsrooms, there was one thing I had to clear up with the Matt Coolidge, co-founder and communication lead at the Civil Media Company: was he planning to put me out of a job?

"Our visions of world domination stop short of disrupting CoinDesk," he said.

A truce achieved, it was time to move onto the details.

Civil, one of the most high-profile projects under the umbrella of ethereum startup and incubator ConsenSys, is a response to a cascade of crises in journalism: the proliferation of "fake news," the splintering of the media into ideological "echo chambers" and technological disruption at the hands of search engines and social media.

To varying degrees, Civil aims to solve all of these problems. Paradoxically, its goal is to un-disrupt journalism by throwing yet another technological innovation into the mix – blockchain.

The Civil platform is based on the ethereum blockchain, a distributed ledger that could allow newsrooms to post content no single party can alter or take down, while ethereum-based smart contracts could enable innovative methods of earning and distributing revenue to content creators.

The blockchain might also allow Civil to conduct an experiment in decentralized governance using an ethereum-based ERC-20 token. Through what Coolidge called the "Civil economic game," newsrooms and readers might soon be able to enforce journalistic standards on a media industry that seems determined to forget them.

The "game" hasn't begun yet, but Coolidge said that a sale of the CVL crypto token is "imminent."

In the meantime, newsrooms have already begun to publish on the Civil platform, including Documented, which covers immigrant communities in New York and the national immigration policies that affect them; Cannabis Wire, which tracks developments in the marijuana industry; and Sludge, which reports on lobbying and the influence of special interests in politics.

Source: https://www.coindesk.com/with-journalists-on-ethereum-will-fake-news-meet-its-match/

Anu po masasabi nyo dito mga Kabayan.