FOX Welcomes TIME as Premier Partner for Verify Protocol

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As a crypto investor with a strong interest in blockchain technology and its applications, I’m thrilled to see FOX Corporation’s Verify protocol expanding and gaining traction. The partnership with TIME is a significant step forward, demonstrating the potential of this technology to revolutionize content verification and licensing.

As a researcher examining the latest developments in media and technology, I’m excited to share that FOX Corporation has recently unveiled an expanded version of its groundbreaking protocol called Verify. This innovative solution is poised to transform the way we manage content verification and licensing. Initially rolled out on the public Polygon Proof-of-Stake network earlier this year, Verify harnesses the power of blockchain technology to provide a robust and secure means of verifying the authenticity and provenance of journalistic content.

Through this cryptographic method, consumers are able to personally verify the legitimacy of content provided by reputable sources such as FOX’s vast media platforms including FOX Sports and FOX News.

In a groundbreaking move, Verify has teamed up with TIME, a renowned global media entity, for our initial collaboration in content publication. TIME will incorporate Verify into their licensing plan, using blockchain technology’s transparency to maintain the authenticity of their journalism and reach a broad readership.

As a crypto investor, I’m excited about Verify’s game-changing feature that enables me to link media companies and AI platforms effortlessly through the Verified Access Point. This connection opens up fresh commercial possibilities by implementing smart contracts to manage content access automatically.

Mark Howard, the COO of TIME, expressed their dedication to expanding TIME’s mission of delivering reliable news to 120 million people worldwide. By adopting fresh advancements and leading edge technologies such as blockchain and AI, TIME remains committed to innovation. TIME is thrilled to collaborate with FOX’s Verify platform, acting as a verified supplier of factual journalism during this critical period when trustworthy information is indispensable.

With over 300,000 authenticated content pieces confirmed on the blockchain, Verify, Fox Corp.’s authentication protocol, is advancing. It will now shift from Proof of Stake (PoS) on Polygon to a zk-Rollup (zk L2) using Polygon’s Constructive Deployment Kit (CDK). This transition aims for swifter and more secure verification processes in content attestations.

— Polygon | Aggregated (@0xPolygon) June 18, 2024

As a crypto investor excited about the developments in the FOX ecosystem, I’m thrilled to share that FOX is planning to transition from using Polygon for its Verify protocol to an independent zero-knowledge blockchain on Ethereum. This shift will be supported by Polygon CDK and Gelato. The initial success of Verify on Polygon has been encouraging, but moving to an independent chain on Ethereum aligns with the long-term vision for greater decentralization and autonomy in our crypto investments.

The objective of this shift is to boostVerify’s ability to quickly and affordably verify content authenticity, enabling developers to create more transparent and secure projects.

As a researcher exploring the world of blockchain technology, I can confirm that Verify is an open-source protocol where collaboration between developers and users is highly valued. Its origins trace back to the Emerging Technology team at FOX. The recent development partnership with Gelato testifies to Verify’s dedication to pioneering innovative content verification solutions on the blockchain.

The collaboration between FOX and TIME underscores their mutual commitment to utilizing technology for reliable news reporting and boosting consumer trust in the digital media sphere.

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2024-06-18 20:04