WordPress to Launch Blockchain-Empowered Publishing Platform
- Newspack, a new product by WordPress, will be an “inexpensive” platform for small- and medium-sized news organizations.
- Newspack’s funding includes $1.2 million investment from Google and $350,000 from ConsenSys.
Newspack, a new product by WordPress, will be an “inexpensive” platform for small- and medium-sized news organizations. The project is backed by Google and Ethereum development studio ConsenSys, and will have in-built blockchain tools.
Newspack’s funding includes $1.2 million investment from Google, $350,000 from ConsenSys, $400,000 from the Lenfest Institute of Journalism, and $250,000 from the John S. and James L. Knight Foundation.
Newsrooms accessing Newspack will be given the option to use blockchain-based features through Civil Media, a project backed by ConsenSys. More specifically, Civil’s Publisher product, will allow newsrooms to store content on the blockchain and will be available on the WordPress platform as a plugin.
A representative from ConsenSys further elaborated:
“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 newsroom.”
Still on the topic, back in August this year, the Associated Press announced it would collaborate with Civil on blockchain-based content licenses.
- Coinbase’s Base blockchain was made available to the public on Wednesday, featuring over 100 dApps and services as part of its ecosystem.
- In order to show its capabilities and promote its mainnet partners, Base has also launched an event called “Onchain Summer” that will allow users to mint exclusive NFTs on the network.
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- The Google Play store has changed its policy on digital assets, and will now allow developers to incorporate NFTs into their apps and games on the platform.
- Publishers will have to follow certain rules, however, such as maintaining transparency regarding the use of NFTs and not allowing gambling in their apps and games.
- The current chaotic payroll system, marked by inefficiency and delays, stands to be completely overhauled through the use of blockchain technology.
- While blockchain might not take over all computing as some claim, it definitely has clear benefits in certain scenarios, and payroll management is one of them.