According to David Graham, a staff writer at The Atlantic, “[Fake News] It’s not just making people believe false things—a new study suggests it’s also making them less likely to consume or accept information.” With the growing mistrust of information provided by the media, people are shying away from these sources, lowering the power of freedom of speech. Moreover, censorship is still prevalent in several parts of the world. As a team, we wish to tackle these issues and provide a decentralized platform that increases the trust in news sources, while getting rid of fake news, bias, and censorship.
Our team is developing a blockchain-based platform that allows users to publish news articles, earning them credibility tokens. These tokens allow to illuminate the credibility of certain users, and provide an incentive to publish and earn recognition. Articles and sources reliability will count towards these tokens: the more objective and verifiable the information is, the more tokens it will be rewarded. Using blockchain properties, this platform will ensure that all published information is immutable, censor free, and without central authorities. The aim is to provide a trusted distributed news source fighting fake news and for freedom of speech.