BitDepth # 1328
Local media houses have shown a tendency to give new Internet technologies a dark eye by choosing and choosing systems to protect their online presence.
Blockchain, one of the most talked about new technologies, is also suitable for news media.
“Exploring the potential for blockchain media change” is a new white paper from the International News Media Association (INMA).
INMA has kindly provided the White Paper for review purposes, and it still suggests a number of opportunities for participation through its advanced technology.
Blockchain, also known as distributed recording technology, manages data together into interconnected computer systems. Blocks are connected by encryption algorithms, which make the notebook permanent and clear, unobtrusive but visible to anyone.
Blockchain was first used to create and distribute cryptocurrencies, especially Bitcoin but new decentralized applications can automate agreed transactions, including decentralized tokens (NFTs) and smart contracts using the technology.
Some Central Bank digital currencies, including in the Caribbean, are using blockchain legers.
The system becomes unreliable by creating a record of access to transactions and digital activities, because the technology keeps track of changes and makes them clear to all users. By Artifact Brand.
SCMP has been published continuously for 118 years and the time is 1923. After all, both publications have retained their archives and can now produce digital-certified versions that can be sold to buyers.
TIMEPeces is an art collection created by over 40 different artists over time as an NFT collection. The company is using Crypto to pay for membership and subscriptions.
Time selected 20 artists and asked them to invite another artist who had never worked with the publication.
“One-on-one NFTs are equal to good art,” said Time President Keith Grossman in his report.
Other efforts to use blockchain and cryptocurrency to improve online publishing include Mirror.xyz, a platform for readers who want to be the type of readers to build and promote Ethereum tokens but with a clear source of revenue.
Decrypt.co, which is supported by ConsenSys and widely covers DAOs, NFTs, blockchain and cryptocurrency, has developed its own reader simulator. ConsenSys was also the parent company of the failed Civil Registry (https://j.mp/3HaPsYv).
Media opportunities to participate in blockchain solutions grow only from this point forward.
More practical and accessible tools are coming.
A.D. In late 2020, I copied my first post on TechNewsTT to blockchain using WordPress (https://j.mp/3ok0rq2).
I was looking for proof of publication for any misuse of my work, but WordProof provides readers with the date of its first publication as well as subsequent changes and edits to the copy.
It is an important contribution to the transparency of the reader on the website.
The challenge for local media outlets is the scattered, untapped treasures, the raw material of all those years of news gathering.
News organizations such as the 98-year-old Time, the New York Times, and SCMP are encouraged to provide rich digital products, and have developed archives that represent their best work, published and unpublished.
As the digital landscape uniquely identifies itself, it would be good for media houses to consider the legacy engineer for their archives and large print galleries.
Mark Landersay is the editor of technewstt.com. An expanded edition of this column is available there.