Blockchain
By Ayobami Abiola
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Leading the Way- Showing an Example of how it's done
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Can Blockchain Eradicate Fake news?
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Authenticity Assurance
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Why will it work?
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The Shadow of things to come
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News is life. Getting updated about happenings around one is a way to show that one is truly alive. But when the news is misaligned, mismanaged, and fake, it can kill.
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More recently, the news on the Currency Analytics website has been focused on bringing the up and coming cryptocurrency projects to the limelight so people can see what is going…
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Fake news is a turmoil, it happens when someone or a group of people solely fabricate thoughts and present it as real events.
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Just like independent nodes, there can be independent qualified journalists which have been certified and voted in by the community to investigate, confirm or disapprove any news…
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The news writer or caster, in this case, can be an independent reporter that reports news from all over the world just like a transaction initiator on the blockchain.
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There must be time given for the independent journalists to confirm or disapprove submitted article. This corresponds to the block times.
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In a case like this, reputation score can be adapted to ease the process, a writer with higher reputation can get news confirmed very quickly and so on.
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The system painted above is quite self-authenticating. The community can use their coins to vote journalists on a frequent basis.
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Every member of the ecosystem described above will work tirelessly to protect a system where their funds are kept just like on the blockchain technology.
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The Currency Analytics added the emoticons to the end of each article for people to vote or downvote a piece of news according to the predisposition of the reader.
The Currency Analytics
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