Hype around the technology has led to incomprehensible applications of it. Civil Media Co. was introduced earlier this year as both a media platform and a network, to be owned and operated by journalists and concerned citizens in tandem.
Civil Media Co. is a startup that aims to support a network of high-quality news outlets through the sale of cryptocurrency. The AP will license its content to the newsrooms in the Civil network (there are 14, and they include startups like ZigZag and Block Club Chicago), as it does with other news outlets. Also, AP and Civil are working together on a blockchain based-technology that will let Civil newsrooms track the flow of their content and enforce licensing rights.