Blockchain in journalism: Winds of change carry media to new frontiers
Despite the potential to bring an unparalleled level of transparency to journalism, blockchain adoption by mainstream media may be slow. It is no secret that over the course of the last couple of decades, issues related to fake news, substandard fact-checking and rampant censorship have resulted in many mainstream media outlets losing the trust of their viewers and readers. In this regard, the 2020 Edelman Trust Barometer — a digital tool that serves as an indicator of how people view the media industry in general — shows that 57% of people all over the world believe that they cannot fully....
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The news agency added it would be open to shifting its approach based on the response from developers as it kept "a finger on the pulse of the blockchain economy." The Associated Press news agency announced it would be launching its own Chainlink oracle node to ensure any data from its U.S. newspaper and broadcaster members would be cryptographically verified.In an Oct. 21 announcement, the Associated Press, or AP, said smart contract developers would have access to the agency’s “economic, sports, and race call data” once the node was operational. According to the AP, it will be publishing....
Journalism funding is in crisis. As the industry shifts to digital and its meagre click-based ad revenues, something in the model needs to change if quality news sources are to survive. Alternatives are emerging, however. New attention, for example, is being paid to alternatives to traditional ad models. Major publishers including Time and The New York Times are increasingly keen on accessing the feasibility of micropayments models. Amidst the rising demand for blockchain projects, the two ideas are now becoming more intertwined. CoinDesk recently inked a partnership with bitcoin-powered....
As I made my way through the brain washing institution known as The United States public school system, teachers commended my writing, but also felt the need to point out that the publishing industry was dying. They told me to put aside whatever talent I had and work in a different, presumably soul crushing career. They said that the internet was killing newspapers and they couldn't imagine a world where someone got paid writing on the internet. In retrospect, their warnings sound silly. The internet did indeed kill off newspapers, or at least, pushed them to the brink of irrelevancy, but....
Former Wall Street Journal reporter Michael Casey has been appointed senior advisor of MIT Media Lab's Digital Currency Initiative to help raise bitcoin awareness. The journalist, known for his work with Paul Vigna on The Age of Cryptocurrency and their regular WSJ column BitBeat - which covered developments in the crypto space - will take up his post at the beginning of September. After 23 years in journalism, Casey's change of career is largely due to the transformative potential of digital currencies, he said in a statement.
The Earth is exposed to magnetic field disruptions or changes. Solar winds carry a magnetic field with it which sometimes break through the Earth’s magnetic field, causing disruptions on our planet. Another phenomenon affecting magnetism is the flipping of north and south poles. Alarmingly, the rate of Earth’s magnetic field flipping is now increasing.....