Global research firm @Gartner_inc has predicted that #blockchain technology will be implemented to authenticate online news and video content in order to fight against #fakenews 👉 See how blockchain can authenticate content at https://t.co/cuUcBBbglq#abr #gartner — Asia Blockchain Review (@abr_blockchain) December 23, 2019
It has been reported that next year, it will likely see more use of blockchain to prevent disinformation, but the technology’s potential applications will still be met with skepticism and confusion.
However, as social media bots and other technologies accelerate the spread of fake news, organizations and governments around the world are turning to blockchain to prove news photographs and videos are real.
Likewise, blockchain’s ability to create an immutable and shared record of content makes it a suitable technology for online content authentication.
The tech trend report claims:
“Blockchain, which is already appearing in experimental and small-scope projects, will be fully scalable by 2023.”
Moreover, Gartner forecast that much of the world will turn to mobile-accessible cryptocurrency accounts with Africa by seeing the highest growth rates. So, according to the report, as social media platforms and marketplaces are now embracing crypto payments, 50% of smartphone users without a bank account will use a mobile-accessible crypto account in the next five years.
It has been analyzed that e-commerce and trading partners are expected to emerge in areas previously unable to access capital markets by using crypto accounts.
Thus, Gigabit Magazine, an online media, also predicted that 2020 will see someone holding the position of Chief Blockchain Officer as well as the use of blockchain for passport authentication.