Verizon news
Verizon’s newsroom to use blockchain in bid for absolute transparency
Verizon has unveiled "a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability," according to a public statement today. Called Full Transparency, the platform is meant to immutably document the company's own news releases on a public blockchain. Verizon posted its first news story through the platform yesterday, according to comments sent to Cointelegraph by a Verizon representative. Alterations made after the story's initial publication were also recorded. The representative noted, however, that "Only text changes are currently tracked on the blockchain." In recent years, fake news, fact-checking and censorship have caused problems for social media and …
Blockchain / Oct. 30, 2020
Verizon Boosts Security Portfolio With Blockchain Technology
Verizon Business has announced the inclusion of new security services, including two new administration and identity access systems using blockchain-based technology. These are Verizon Identity (VID) and Verizon Machine State Integrity, which are modeled within a Blockchain environment, according to the US technology firm on March 5th. In the case of VID, identity information is encrypted and subsequently distributed through multiple servers in the blockchain, so there would not be a centralized base that can be attacked by cybercriminals. According to the company, Verizon ID will allow users to store their access credentials in a “secure digital environment” on their …
Adoption / March 6, 2020