New York Times Uses Blockchain Distributed Ledger Technology To Fight Against Fake News

The New York Times informed that it is currently working on a blockchain solution that would allow it to tackle fake news. The information was released by the company to CoinDesk a few months ago. The firm informed that they plan to use Hyperledger Fabric’s permission blockchain that would allow them to authenticate news photographs.

New York Times Fights Misinformation

With this new project, the intention is to fight against misinformation and adulterated media. Starting this month, the New York Times is going to be running a proof-of-concept until late 2019 in order to find a way to maintain trust in the space.

In a new website for the NYT’s News Provenance Project, the company provided information about the current project they are developing. This is just the first part of the project and it will help the company understand how blockchain systems could improve companies’ processes.

The site says about it:

“Our initial work involves exploring a blockchain-based system for recording and sharing metadata about media – images and videos in particular – published by news organizations. We are also conducting user experience research to identify the types of signals that can aid users in recognizing authentic media.”

The results of the project are going to be shared in the future, as per the project’s site. A few months ago, the New York Times posted they were searching for a blockchain talent that would help envision and design a blockchain proof of concept related to news publishers.

There are many companies around the world that are starting to work with blockchain technology. Some of them include Carrefour, Walmart China, JP Morgan, and Maersk, among others.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide