The international business media outlet Forbes, known for his dominance in the online world, is in the latest blockchain news after a new partnership signed by the company’s officials went viral. Forbes joined its forces with Civil, which is a blockchain-based platform, in an initiative that will publish its content on a decentralized network, according to a Medium post published by the co-founder of the company.
For all those of you who don’t know, Forbes is one of the oldest and most dominant news outlets, founded in 1917 and with an audience of over 120 million people, known through its main and local editions. In the new process, the leading news site will only use blockchain for the crypto-related news items. However, if Forbes considers the experiment successful, other pieces will be posted on blockchain as well.
According to some experts, Forbes is also planning to “experiment with new methods of reader engagement” and help the media to ensure that no third party can remove or alter the content.
Previously, Civil has partnered with the major news agency Associated Press (AP), in a partnership which will see AP using blockchain for intellectual rights, tracking its content usage and supporting ethical journalism – all so that news agencies can have immediate access to the reports.
Russia Is Not Planning To Buy $10 Billion In Bitcoin
“This statement has no common sense. The Russian Federation — like any other country in the world — is simply not ready to combine its traditional financial system with cryptocurrencies.”Sidorenko reacted to the fake news reports from Telegraph where it was noted that Russia wants to invest $10 billion in bitcoin in order to mitigate the economic impact that is brought up from the US sanctions. The rumors emerged on Twitter where a particular user wrote that Kremlin has no choice but to invest in bitcoin and that it is the only way to avoid the harsh sanctions by President Trump. Ginko posted on Twitter and his post went viral after Telegraph wrote a story about it and lots of other websites just added their own touch to it. Ginko is known to the public for making such shocking tweets and comments after once saying that sham investment adviser Bernie Madoff is the real Satoshi Nakamoto. However, Sidorenko said that Ginko’s comments are absurd:
“Even if Russia wants to place its cryptocurrency assets now, it simply cannot do this. We do not have any mechanisms that would allow us to introduce a system: where these assets would be stored, which authorities would be responsible for it, which would be responsible for abuses and stuff.”However, according to Tota Kaliaskarova, the director of macroeconomic policy with the Eurasian Economic Union says that crypto could have a huge impact on the Eurasian economy.
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- Russia Is Not Planning To Buy $10 Billion In Bitcoin
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