Korea’s Largest Journalist Organization Partners with PUBLISH to Adopt Blockchain Technology to Improve Media Ecosystem | Business
SEOUL, South Korea – (BUSINESS WIRE) – October 7, 2021–
PUBLISH, Inc. is pleased to announce that it has signed a Memorandum of Understanding with the Korea Journalists Association. The signing ceremony took place on October 5 at the Korea Press Center in Seoul.
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PUBLISHiD, a self-sovereign identity solution using blockchain technology. A global technology media company developing digital tools and techniques for journalists, PUBLISH has signed a memorandum of understanding with the Korea Journalists Association to adopt blockchain technology to enhance the news media ecosystem . They cooperate in researching journalistic best practices, developing digital tools and techniques for journalists, and teaching journalism. With this partnership, PUBLISH plans to issue member journalists with blockchain-based press credentials using decentralized identification technology and seeks to introduce NFT (non-fungible token) technology as a way to help journalists to monetize news content. (Photo: Business Wire)
Areas of cooperation include, but are not limited to, research on journalistic best practices, development of digital tools and techniques for journalists, and journalism education.
The Korea Journalists Association (JAK) is the largest professional journalist organization in Korea with a current membership of over 11,000 individual journalists working for news companies, broadcasting services, digital news websites and the country’s news agencies.
Commenting on the deal, Korea Journalists Association President Kim Donghun said, “This partnership marks a symbolic deal for the news media industry. PUBLISH’s news media technology is not only ahead of its time, but also capable of offering realistic solutions to some of the problems facing the news media industry.
“With over 11,000 individual member journalists and 190 member news organizations, it is a great honor to work with the Korea Journalists Association,” added Sonny Kwon, CEO of PUBLISH, “One of the first things that we plan to do is provide member journalists with a blockchain – press credentials using decentralized identification technology. We are also looking to introduce NFT (non-fungible token) technology as a way to help journalists monetize news content. ”
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CONTACT: PUBLISH, Inc.
KEYWORD: ASIA PACIFIC SOUTH KOREA
INDUSTRY KEYWORD: SOFTWARE NETWORKS OTHER COMMUNICATIONS DATA MANAGEMENT COMMUNICATION TECHNOLOGIES EDUCATION TRAINING
SOURCE: PUBLISH, Inc.
Copyright Business Wire 2021.
PUB: 07/10/2021 08: 00 / DISC: 07/10/2021 08:02
Copyright Business Wire 2021.