It’s no secret that the economics of 21st century journalism is in trouble.
Hari Sreenivasan from PBS in NY explores an attempt to use blockchain for the purpose of solving two major issues with modern journalism:
- The growing trust gap between consumers and news organizations
- Financial sustainability
The New York-based startup Civil launched last year with the goal of using blockchain — the same technology that powers the cryptocurrency Bitcoin — to help to build a network of independent news organizations with a sustainable business model. Civil hopes to create a new economy for journalism, including its very own cryptocurrency, the “CVL” token.https://www.pbs.org/newshour/show/can-blockchain-help-fill-journalisms-funding-gaps