Associated Press partners with Chainlink to put its journalistic information on a blockchain

advertisement

The independent news organization The Associated Press (AP) announced Thursday that it has partnered with the decentralized blockchain oracle network Chainlink to put its journalism on a blockchain. 

The move is designed to help developers writing blockchain-based applications implement AP’s data and information through AP’s Chainlink node, which connects the off-blockchain sources to blockchain-based smart contracts. Such information could include financial data, sports data or election race calls integrated into blockchain-based apps.

“Because AP is such an important source for fact-based and trusted information around the world, we see this as an opportunity to provide blockchain users with data and info they can trust. We believe that blockchain networks are a fundamentally important technology because they not only allow but demand veracity,” wrote Dwayne Desaulniers, AP’s director of blockchain and data licensing, in a statement. 

AP had partnered with the blockchain startup Everipedia to place its national and state race call information for the 2020 U.S. presidential election on a blockchain back in October of 2020. 

AP is not the only news publication that that has explored decentralized ledgers. The New York Times’s created The News Provenance Project in 2019 to create immutable records of its photos’ origins. Reuters collaborated with the blockchain-focused research center The Starling Lab to document the presidential transition of Donald Trump to Joe Biden in 2020.

Trending Stories

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

5 Steps to a Successful Crypto AML Program

As cryptocurrencies become increasingly mainstream, regulators, the media and policymakers are paying more attention to the financial crime risks associated with them. But what are the biggest compliance challenges crypto firms face, and what does a best practice AML program look like? 
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC
More