WordPress is going to launch a new publishing platform called Newspack that is reportedly an inexpensive platform, which offers technology as well as support for small/medium-sized news organizations. Reports say that this platform is backed by the behemoths such as Google, ConsenSys (Ethereum development studio), and many more. Blockchain tools will be built in the new Newspack publishing platform.
While Google has invested US$1.2 million in the Newspack funding, ConsenSys has contributed US$350,000. Other organizations that have invested in this platform are Lenfest Institute for Journalism and the John S. and James L. Knight Foundation. While the former has invested US$400,000, the latter has contributed US$250,000.
The media reports claiming huge investment by ConsenSys has been confirmed by the company representative on Wednesday. The ConsenSys representative went on to say that the newsrooms that will access the Newspack platform can choose the option of using blockchain-based features, which are made available with the help of Civil Media (which is again backed by ConsenSys).
Civil Media’s Publisher product will be available as a plugin on the WordPress platform. The concerned product helps newsrooms to archive content permanently on a decentralized network. The ConsenSys representative also said:
“The plugin will also act as a portal that will walk newsrooms through how to join the Civil Registry, the hub of community-vetted and -approved newsrooms”
The consumers looking for news will be given access to a discovery portal. Reports say that back in December 2018, Civil Media had successfully helped a news website to archive a complete article on the Ethereum blockchain. This is a big achievement for a company that had confronted certain issues including a failed token-based fundraising activity. The major breakthrough came when Associated Press announced in August 2018 that they are going to collaborate with the Civil Media on content licenses that are based on blockchain technology.
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