Fun

Fox, Time use blockchain to combat fake news

News Feed - 2024-06-18 10:06:00

Josh O"Sullivan10 hours agoFox, Time use blockchain to combat fake newsFox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content.1077 Total views33 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksFox Corporation and the global media brand Time have partnered to use Fox’s Verify protocol to make content licensing and verification immutable. 


The collaborative effort aims to ensure journalism’s authenticity and combat misinformation in the press.


Mark Howard, Time’s chief operating officer, emphasized this goal, stating:“Time is proud to join Fox’s Verify as an authenticated source of fact-based journalism at a time when access to trusted information is more important than ever.”


Related:Trump token dumps 31% despite doubts he’s behind the DJT tokenA matter of Time


Fox revealed that Time will be the first external publishing partner for the Verify protocol, working to integrate blockchain verification into journalism.


Melody Hildebrandt, chief technology officer at Fox Corporation, expressed enthusiasm for the partnership, stating:“In Time, we have found a partner that shares our AI-optimism as well as our commitment to protecting brand equity and authenticity while delivering our content in new and meaningful ways.”


Related:Crypto Super PAC spends $2M on attack ad targeting NY lawmakerVerify protocol on Polygon


Verify was launched on Polygon’s proof-of-stake (PoS) network in January. It uses cryptography to sign and establish the history and origin of digital content. 


The verification protocol establishes a technical bridge between artificial intelligence (AI) platforms and media companies, verifying over 300,000 pieces of content across Fox.


Speaking with Cointelegraph, Marc Boiron, CEO of Polygon Labs, said:“Polygon Labs’ collaboration with Fox Corp on Verify exemplifies the positive impact of blockchain technology. Time, one of the world’s most respected media outlets, is an ideal first external publishing partner.”


Related:Gary Gensler could ‘literally cost Joe Biden the election’ — Mark CubanZK Gelato, anyone?


Based on positive feedback, Fox stated that it would transition Verify from the Polygon PoS network to an independent zero-knowledge (ZK) blockchain using Polygon’s Chain Development Kit (CDK).


Developed with Gelato — a decentralized smart contract automation platform — Boiron spoke enthusiastically about Fox’s shift toward ZK technology, telling Cointelegraph:“With Gelato as the implementation provider, Verify can now become a ZK L2 chain using Polygon CDK, paving the way for exponential growth.”


The transition will make content verification more secure and open-sourced, enabling developers to create authentically provable projects. 


Magazine:Crypto-Sec: $11M Bittensor phish, UwU Lend and Curve fake news, $22M Lykke hack# Blockchain# Cryptocurrencies# Technology# Privacy# FOX# VerificationAdd reaction

News Feed

Australian MP says the country needs blockchain ‘more than ever’
Brayden Lindrea5 hours agoAustralian MP says the country needs blockchain ‘more than ever’Australian Parliament Member Andrew Charlton said blockchain technology could add $60 billion to the economy and reverse stagn
China Frozen Bank Account Controversy: Affected Clients Injured During Protests, Nearly $6 Billion Missing
China Frozen Bank Account Controversy: Affected Clients Injured During Protests, Nearly $6 Billion Missing Some Chinese bank clients, whose accounts were frozen in April, were inju
Cardano (ADA) loses top 10 crypto spot as Tron sees growth
Nancy Lubale6 hours agoCardano (ADA) loses top 10 crypto spot as Tron sees growthADA falls from the top 10 list of largest cryptocurrencies as competing blockchains see an uptick in users. 998 Total views1 Total sharesL
Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports
Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of
Bitoftrade: A New Anonymous Exchange to Leverage the Power of Crypto Trading
Bitoftrade: A New Anonymous Exchange to Leverage the Power of Crypto Trading press release PRESS RELEASE. On 10 March 2022, bitoftrade, a new decentralized crypto exchange entered t
DBS Bank pilots blockchain-based government grants
Ezra Reguerra1 hour agoDBS Bank pilots blockchain-based government grantsThe blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the
Bitcartcc’s Merchant Solution: Developer Builds Self-Hosted Btcpay Alternative Supporting Bitcoin Cash
Bitcartcc"s Merchant Solution: Developer Builds Self-Hosted Btcpay Alternative Supporting Bitcoin Cash On February 28, Bitcoin Cash (BCH) proponents were introduced to a new plat
3air Solves Africa’s Massive Internet Access Problem With Cardano-Based ISP Platform
3air Solves Africa’s Massive Internet Access Problem With Cardano-Based ISP Platform press release PRESS RELEASE. 3air is using an ISP platform built on Cardano to provide interne
SEC Probes Binance — BNB Could Be Unregistered Security: Report
SEC Probes Binance — BNB Could Be Unregistered Security: Report The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which co
Meta Relaxes Facebook’s Cryptocurrency Ad Policy — Says Crypto Continues to ‘Mature and Stabilize’
Meta Relaxes Facebook"s Cryptocurrency Ad Policy — Says Crypto Continues to "Mature and Stabilize" Meta, formerly Facebook, has relaxed its policy for cryptocurrency advertisemen
Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates
Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater
Ezra Reguerra2 hours agoEOS secures regulatory approval in Japan, will trade against yenThe EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September.805 Total