New York Times to intercept fake news with blockchain tech
The media giant, New York Times has disclosed more details about its “Privacy Project” in which it aims to tackle fake information. They started making comments about the experiment in March but have now officially released the plan.
“Under the current internet framework, users’ data is usually controlled by the platform — online consumers leave a trail of data bread crumbs, making us vulnerable to privacy invasions. In a decentralized network, however, our data would be controlled by blockchain encryption. Users would grant and revoke access to data, no longer entrusting third parties or tech companies with that responsibility. As the most technologically advanced country in the world, it is America’s responsibility to give this technology space to run and grow.”
The team is making use of Hyperledger Fabric’s permissioned blockchain to ensure the veracity of each piece of news, thus, helping to eradicate misinformation and altered data. Photographs will also be evaluated with the same technology thanks to the help of IBM Garage.
NYT partnered with several companies in the industry to increase awareness about digital files. The final goal will be to have each media giant using the digital repository. Every video or photo will have the exact date of creation, as well as who took it and where; the same methodology will be applied for articles.
As a final note, the New York Times added:
“This technology would increase competition because blockchain makes it easier for anyone to create an alternative platform for communicating or providing some service. With the open-source nature of blockchain technology, a community of users is free to take what they like from an existing platform to a new one if they feel their privacy has been infringed or trust violated. Accountability is built into the system”.
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