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New York Times unveils blockchain-based project to fight fake news

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Yesterday the New York Times (NYT) revealed its blockchain-based News Provenance Project to tackle misinformation in the media. The news firm plans to use distributed ledger technology (DLT) to verify the source of media and whether it has been changed. Currently in the initial phase, which will last until the end of this year, the project is in collaboration with IBM Garage. This is IBM’s startup focused arm, which helps transform blockchain ideas into reality. The NYT points out that news organizations generally hold detailed metadata about any media they publish. However, this information is rarely seen by the public or verifiable, as anyone can save and edit a photo shown online.

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