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02 December 2020

Here’s everything you must know about Verizon’s new blockchain product that battles fake news

Here’s everything you must know about Verizon’s new blockchain product that battles fake news


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The Full Transparency initiative is an extension of Citizen Verizon, a responsible business plan that drives economic, environmental, and social advancement by promoting technology as a tool to improve communities, education, and the workforce.

In a statement to CryptoSlate, Genki Hagata, the Associate Director of Technology at Huge, which is one of the partners of Full Transparency, said that using a blockchain allows the group to have an immutable record that exists as a third party check.

Official news releases that incorporate Full Transparency are tracked on the blockchain ledger, so news releases or statements can be treated as authoritatively reflecting what was intended to be released

This means that all news releases published to the Verizon Newsroom will be secured and bound using cryptographic principles so that subsequent changes can be tracked and contextualized

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