Forbes Becomes the First Major Media Outlet to Join the Civil Blockchain

Marco Verch / Flickr

Forbes has officially become the first major news outlet to join Civil, a blockchain journalism network designed to improve the effect and trustworthiness of news.

According to the announcement, the partnership will function as an exploratory process where Forbes will experiment with publishing content on the blockchain to determine if it can increase trust with audiences.

Starting in the first quarter of 2019, Forbes will begin to publish metadata from select articles onto the Civil blockchain, where they will be permanently stored on the public ledger. After the initial exploratory period, if all goes well, Forbes plans on moving all of its metadata to the blockchain.

All Forbes articles that are published to the Civil blockchain will wear a¬†Civil ‘badge.’ Additionally, Civil’s publishing tools will be integrated into Forbe’s content management system.

“Forbes and Civil believe passionately in the mission of journalism, and together we can provide audiences with a level of unprecedented transparency around our content. We‚Äôll also be able to expand the reach of our writers and identify new revenue channels over time,” said Salah Zalatimo, Senior Vice President of Product & Technology at Forbes.

Civil is currently staging a sale for its token, CVL, which¬†is designed to drive the governance of the project’s platform.¬†34 million CVL tokens (34% of the network) will be made available via the public sale that ends on October 15.

More: Forbes x Civil: A Major Milestone for Blockchain-Based Journalism
Similar: The CVL Token Sale is LIVE!
Photo: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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