Major business media company Forbes made a new partnership that made it in the crypto news today, with a blockchain-based company named Civil. This will allow Forbes to publish its content on a decentralized network.
According to Civil’s co-founder Matt Coolidge, Forbes has integrated the software of Civil and starting from 2019; all the journalists can upload their data to the network and at the same time, publish the article on the website.
Forbes is read and followed by more than 130 million people around the world. This novelty will at first be only applied to cryptocurrency news items but if the experiment proves efficient and successful, other types of news will be uploaded on the blockchain as well.
According to a U.S media Axios, Forbes will also use smart contracts to upload their content on the blockchain and later be able to share them on other platforms instantly.
Coolidge also explained that Forbes is planning to make other experiments focusing on new methods of reader engagement via a decentralized platform that will easily detect third-party content alterations.
Civil has also made some great partnerships in the past such as with the major news agency Associated Press. The agency plans to use blockchain technology for an easier tracking of content usage and to provide a more ethical journalism.
There is also one more blockchain-based browser extension by Adblock plus named Trusted News that detects all fake news and labels them accordingly. Adblock also wants to move all the data to the Ethereum blockchain.
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