Money Certified: how Money.it uses blockchain for news certification

Money.it

05/02/2024

05/02/2024 - 17:02

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We are pleased to announce the launch of an innovative technology that brings Money.it to the pinnacle of innovation and transparency in the world of online information

Money Certified: how Money.it uses blockchain for news certification

In an era in which the spread of false and misleading information is constantly increasing, Money.it is at the forefront in the fight against fake news with the launch of "Money Certified", a revolutionary news certification service based on blockchain technology.

This article intends to explain how Money Certified works, the reasons that led us to create it and what we would like its impact to be on the world of digital information.

Money Certified is currently available on Money.it italian edition.

The Future of Digital Information

With the launch of Money Certified, Money.it not only raises the standards of reliability and transparency in financial journalism, but also opens the way to new possibilities in the field of digital information.

This service represents an important step towards a future where readers can fully trust the news they read online.

What is Money Certified?

Money Certified is an innovative service introduced by Money.it, which uses blockchain technology to certify the authenticity and integrity of the news published on its site. This system guarantees that every article, report or financial analysis published is verifiable in terms of origin and content, offering readers a reliable and transparent source of information.

Furthermore, starting from summer 2023, a selection of Money.it news will be certified as part of the fight against fake news, adding to the certified contents also the sources used to produce them, thus guaranteeing their provenance and persistence: any modification to the content or to the sources would immediately invalidate the certification.

The Role of Blockchain

The choice to use blockchain for Money Certified is not accidental: this technology, known mainly for its use in cryptocurrencies, is ideal for certifying news thanks to its immutable and decentralized nature.

Every time a news story is published on Money.it, a unique "digital fingerprint" (the hash of the content) is created, which is recorded on the blockchain. This process ensures that the article cannot be modified retroactively, thus ensuring the integrity of Money.it information.

The certification system covers over half of the content published daily by Money.it.

Fighting Fake News

Money Certified presents itself as a crucial tool in the fight against fake news. In a world where information can be easily manipulated, this service gives readers the confidence that what they are reading is accurate and unaltered. If the truth is often elusive and points of view can change over time in light of new information available, we believe that it is a precise duty of those who provide information, especially in the fast world of the internet, to guarantee solidity and transparency in the processes that bring news to be selected, edited and published.

Readers can independently verify the authenticity of each news story, helping to promote an information culture based on trust and transparency.

How does the Certification Process Work?

The certification process begins as soon as an article is published on Money.it. The item is automatically registered on the blockchain, with the creation of a unique hash that certifies its originality. This hash is then visible and verifiable by anyone together with the timestamp of the moment in which the certification took place, offering tangible and incontrovertible proof of the authenticity of the item.

Money Certified represents a significant innovation in the field of digital information. Using blockchain technology, Money.it not only fights fake news, but also strengthens its readers’ trust in the integrity of the news.

In an increasingly digital world, initiatives such as Money Certified are essential to guarantee quality and reliable information.

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