Vivian Schiller, a former media executive at NBC News, NYTimes, has been appointed as the inaugural CEO of the Civil Foundation, the Ethereum-based marketplace for journalism.
Responsible Journalism on the Blockchain
The Civil Foundation is an independent, nonprofit organization that runs Civil, a decentralized communications protocol designed for journalists and citizens.
According to the Civil Whitepaper, the nonprofit’s goal “is to create a sustainable, global marketplace for journalism that is free from manipulative ads, misinformation and outside influence.”
Its unique crypto-economic model aims to create a transparent and direct relationship between journalists and citizens, utilizing blockchain technology to protect journalists’ from intellectual property violations and censorship.
Civil describes itself as a fair operating model that promotes decentralization and provides new revenue channels. It ascertains that significant opportunity to introduce such a model of journalism has risen with the cryptocurrency industry, largely consisting of people who are unsatisfied with the current approach and paradigm.
As stated, Schiller has decided to join Civil to support “a new blockchain-based platform with the singular mission to support a broad, global community of quality newsrooms.”
Enabling a Direct Relationship Between Newsrooms and Readers
Schiller believes that a decentralized …
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