Everything will be saved in Blockchain hence no one easily traces out the news and cannot change the news content, A smart contract in blockchain will store the content and its hash address to the blockchain, which will define who has changed it from where and when.
2. Blockchain the well-known technology in the market place, right?
Due to its piloted use cases in various industries, blockchain
technology gained popularity among the entrepreneurs who are
doing business in cryptocurrency, as well as in various fields of
Supply chain, Healthcare, Artificial Intelligence, Governments,
banking and there are more to say. can blockchain resolve all the
problems in our world? How do you think, the Blockchain is taking its
step forward to control fake news?
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4. Well, what is the reason to go
behind Blockchain?
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5. “Obviously, these five elements are the reason: Distribution,
Encryption, Immutability, Tokenization, and Decentralization.
Basically, Blockchain is a record of all transactions, which is linked
to all the peer to peer networks to provide transparency by
preventing data modification, enables everyone to access the
information.
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6. Try to make a note here that, the first
real use of blockchain was bitcoin
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7. Blockchain Experts and analysts have agreed and
also expecting that Over the next five years the
blockchain technology will widen the use cases in
Payment Processing, Data Sharing, Equity
Trading, and Document Keeping and tracking.
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9. As we are living in a digital world, it’s completely easy and
convenient to deliver digital content to the public. we are
also practiced to look out for online news in the form of
images and videos and beliving that as the truth too. It all
started with an intense to share a piece of accurate and
trustworthy information, but after days gone it turned out
to be a problem of sharing fake information with the help
of social media.
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10. Parallel to that no one is ready to check the authenticity of
those shared social media information. As a result, it leads
to a wrong pathway to the public towards government as
well as daily going things like sports, health, and finance.
Hence, blockchain technology is declared as the best
solution that has the power to change the fake news
circulation.
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Here the Blockchain will verify the content and its source
News Agency will provide the news to the editor, journalist, and writers for
publishing the news, that will be stored in Blockchain.
The Journalist will upload the image, videos, those files will be saved with
their barcode in the blockchain.
An editor will write, modify and publish the content, the content with hash
address also saved in Blockchain
At last the Crowd Auditor will validate the news through Barcode.
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13. Everything will be saved in Blockchain hence no one
easily traces out the news and cannot change the
news content, A smart contract in blockchain will
store the content and its hash address to the
blockchain, which will define who has changed it
from where and when.
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14. Finally, by 2023, around 30% of world news and
video content will be authenticated by
blockchain ledgers
To Know More discuss with us about the
implementation of Blockchain in Fake news
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