Copy link
Increase text size
Decrease text size
Link copied

PUBLISH wins ‘Best Digital News Start-up’ award by World Newspaper Association

Thu, 31 Oct 2019, 06:01 am UTC

PUBLISH, a blockchain-based media solutions company, is continuing to make waves internationally and has recently added one more feather to its cap.

The company, which was founded only last year, has won the ‘Best Digital News Start-up’ award at the ‘2019 Asian Digital Media Awards’ held in Hong Kong, hosted by WAN-IFRA, the World Association of Newspapers and News Publishers.

Founded in 1948, WAN-IFRA is a non-profit, non-governmental organization that aims to protect the rights of journalists and publishers around the world to operate independent media. Its global network counts more than 3,000 companies and 80 national associations representing 18,000 publications in 120 countries.

Members include the likes of the New York Times, Bloomberg, The Guardian, and the Financial Times, among others. PUBLISH became a WAN-IFRA member in March this year.

Chris Sung, co-CEO of PUBLISH, commented on the award: "We are honored to receive this award from WAN-IFRA and the recognition from such a global association validates PUBLISH’s pursuit to bring blockchain benefits to the traditional news industry."

PUBLISH was founded with the objective of addressing various challenges faced by the news industry including fake news, fragmented readership, and falling revenues. Towards this goal, it aims to empower the press by using blockchain technology as it relates to tokenization, platform gamification, and information authentication and verification.

Sonny Kwon, co-CEO of PUBLISH, Inc., underscored the importance of blockchain technology for sustainable journalism.

“Blockchain technology can increase engagement and reduce newspaper's dependence on advertising revenue,” Kwon said. “We are creating a new paradigm by tokenizing the news and creating countermeasures against fake news using the blockchain technology.”

Since its inception in 2018, the company has introduced PUBLISHprotocol, a blockchain-powered open-source protocol that aims to facilitate a participatory mode of news production and consumption, and PUBLISHsoft, a blockchain-based content management system and end-to-end publishing system enabling publishers to issue their own PUBLISHprotocol-based cryptographic token.

In August, PUBLISH rolled out an ‘onchain’ news article notarization service in beta.

The company is also spearheading PUBLISHalliance, a media blockchain consortium initiated by PUBLISH, has grown to nearly 60 members which includes various media, business and academic entities. Members include Konstellation, Korea Internet Newspaper Association (KINA), Ascent Networks, DIGITONE KOREA, and many others.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $18,389.70 (+3.79%)
  • Ethereum (ETH) $588.17 (+9.26%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Chainlink (LINK) $14.07 (+7.56%)
  • Bitcoin Cash (BCH) $290.10 (+5.26%)
  • Bitcoin (BTC) $18,389.70 (+3.79%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.