Trust News. A Socio-economic Mechanism Against Fake News, Based on Blockchain

The fake news phenomenon and the ensuing debate has contributed to a general loss of trust in news media producers around the world. On the other hand, blockchain technology, even though it still is at a very early stage, points towards a vision of the future where control is going back from centralised organisations (e.g. banks) to individuals within a network (e.g. owners of cryptocurrencies). One of the principles of blockchain is distributed trust. And there is a way to utilise the technology as well as the principle for bringing back trust in professional journalism.