Forbes to Start Publishing Using Blockchain Platform

Forbes will start publishing blockchain related content on a decentralized network starting 2019. Matt Coolidge, Co-founder at Civil, broke the news on Medium which now means that Forbes will integrate Civil software to its Content Management System.

The arrangement will allow journalists to simultaneously post content on the Forbes website as well as on the Civil network.

For now, the system will only be used for crypto-related content and rolled out to cover more content if the trial is successful. The US news outlet has an audience of over 120 million people.

This is just another instance of blockchain being used in this case to protect content from being altered or removed. Coolidge also noted that the publication will use the system to experiment with new methods of user engagement.

“We are relentlessly focused on rapid experimentation and implementation so that we can determine what’s in the best interest of our audience and what is next for our industry,” Salah Zalatimo, Forbes’ Senior Vice President of Product & Technology said.

Media outlets often find it difficult to ensure its intellectual property rights are respected especially in the age of the internet. The Associated Press is already looking into blockchain through Civil’s network for this exact purpose. As a news agency, blockchain could also provide a convenient avenue for its several partners to access its content instantly.

Civil seeks to promote ethical journalism by plugging content creators directly with audiences using a decentralized network.

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