In the ever-increasing list of use cases of Blockchain technology, Forbes registers its name as it collaborates with a blockchain-based platform, Civil that will enable it to publish its content on a decentralized network. The News was confirmed by Civil’s co-founder Matt Coolidge, on Tuesday, Oct. 9 by a post on Medium.
Matt explained in the post that the business news outlet will be integrating Civil’s software into its own content management system (CMC). The integration will be live from the beginning of 2019 and will enable journalists to upload articles on Civil’s network while simultaneously posting it on the Forbes website.
The U.S. based business news outlet, Forbes was founded in 1917 and has grown in folds. Currently, it reached more than 120 million people globally through its main and local editions. According to Axios, a U.S. news outlet, at the initial phase, the change/update will only be applied to crypto-related news items. As and if Forbes finds the experiment to be successful more genres will join in.
Forbes boasts a vast network of contributors and it plans to extend the decentralized solutions to them as well. The publishing notes that Forbes will be employing smart contracts to allow authors to upload their articles to Forbes’ CMS and then share them on other platforms, such as LinkedIn and Medium.
According to Coolidge, this new step is Forbes “experiment with new methods of reader engagement.” He adds that decentralized platform can help the media to ensure no third party can remove or alter the content.
Previously Civil partnered with major news agency Associated Press (AP) to employ blockchain for intellectual rights, tracking its content usage while supporting ethical journalism. As a part of the trail, the AP is going to store its content on Civil’s network, to have immediate access to the reports.