Verizon’s newsroom to use blockchain in bid for absolute transparency
News requires an element of trust. Blockchain may be able to help. Verizon has unveiled "a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability," according to a public statement today. Called Full Transparency, the platform is meant to immutably document the company's own news releases on a public blockchain. Verizon posted its first news story through the platform yesterday, according to comments sent to Cointelegraph by a Verizon representative. Alterations made after the story's initial publication were also recorded. The representative....
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The crypto world eschewed trust in favor of transparency. But transparency doesn’t solve the problem of untrustworthiness in financial markets.
Bitcoin gold exchange Vaultoro.com launched its trading platform on February 13th, and users may now instantly exchange their gold for bitcoin and back on a completely independent basis. The company announced in a press release: "Gold protects people against the price volatility of bitcoin without them ever having to go back into fiat currencies, which is attractive to a large number of the Bitcoin community." Co-founder Joshua Scigala launched the exchange in response to the Mt. Gox collapse, which allegedly hurt him financially and personally. He desired to build a fully auditable....