Verizon Turns to Blockchain to Combat Rampant Online Misinformation

The carrier is urging other corporations to also integrate with the open-source tool

Verizon announced this week that it would begin recording all communications it releases on a blockchain ledger in what it says is a move to combat misinformation online.

The project, called Full Transparency, will log all of the carrier’s statements and press releases as well as any changes it might make after the fact immutably in an open-source virtual ledger. Verizon is also urging other companies to follow suit by integrating with the tool, which it built in collaboration with agency Huge, blockchain consortium AdLedger and blockchain-based adtech firm MadNetwork.

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