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

Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-TopAccording to a number of reports and commentary from financial analysts, the world is “dro
Dogecoin ETFs Will Skyrocket Price To $15, Forecasts Analyst
Este artículo también está disponible en español. Following Bitwise’s and Rex Shares’ recent application for spot Dogecoin ETFs in the United States, crypto analyst A
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher On Wednesday, global markets have been volatile as Ukraine officials declared a state o
pNetwork Launches Wrapped EOS on Ethereum to Connect the Two Biggest DeFi Ecosystems
pNetwork Launches Wrapped EOS on Ethereum to Connect the Two Biggest DeFi Ecosystems During the last year, Ethereum’s DeFi ecosystem has grown exponentiall
Immutable, Polygon’s new $100M fund to throw cash at Pixelmon, among others
Jesse Coghlan2 hours agoImmutable, Polygon’s new $100M fund to throw cash at Pixelmon, among othersImmutable and Polygon have teamed up to find blockchain games for their new $100 million fund to bankroll, starting wit
Digital Assets Under Management 5.25% Higher in February — Grayscale Still ‘Most Dominant Player’
Digital Assets Under Management 5.25% Higher in February — Grayscale Still "Most Dominant Player" The value of digital assets under management (AUM) for digital asset investment
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding ta
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
Bankruptcy Lawyers Say FTX Was Operated by "Inexperienced and Unsophisticated Individuals" On Tuesday, the attorneys representing FTX told the court that a “substantial amount of
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies South African finance minister Enoch Godongwana has put forward proposals that bar pen
Vietnam Businesses Urge for Blockchain Training of Students and IT Specialists
Vietnam Businesses Urge for Blockchain Training of Students and IT Specialists Members of the expanding blockchain sector of Vietnam have called on government and educational insti
Guneet Kaur11 hours agoWhat is Chapter 11 bankruptcy? Understand the basicsUnderstand how companies reorganize amid financial challenges to ensure business continuity via Chapter 11 bankruptcy.651 Total views3 Total shar
Amaka Nwaokocha10 hours agoAI and real-world assets gain prominence in investor discussionsDiscussions concerning cryptocurrency prices have waned due to a prolonged period of sideways market performance.2963 Total views