Forbes Has Joined Blockchain Journalism Network Civil!
The very popular business magazine, Forbes, has joined a network called Civil in order to secure the security of their content. The company looking to experiment with new methods of reader experience with that platform, press release states.
With that move, Forbes will be the very first major media outlet to joined the network. Civil network working as a peer to peer exchange of value between the journalists and the network was established with CVL token. The main aim of this platform to remove the power of billionaire owners and tech giants in the journalism ecosystem.
Speaking about the matter, Salah Zalatimo, the senior vice president of product and technology for Forbes said:
“We are relentlessly focused on rapid experimentation and implementation so that we can determine what’s in the best interest of our audience and what is next for our industry. 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’ll also be able to expand the reach of our writers and identify new revenue channels over time.”
The users of the platform have a right to vote for or against the newsroom and for that reason, they are paid with CVL tokens. They can also pay their favorite journalists with the same CVL token. The team behind that project is coming from the very popular media outlets like BBC, New York Times, Wall Street Journal, El Pais, The Atlantic and the Guardian.
Civil CEO Matthew Iles stated:
“Civil’s mission is to power sustainable journalism throughout the world, and Forbes’ commitment to regularly publish content on our platform is a major milestone for our approach. We look forward to working with Forbes as we connect with a broader audience interested in new, more direct ways to discover, share and support ethical journalism.”
Forbes set to publish metadata and number of articles starting from the Q1 of 2019.