- Fact Protocol Named One of the Top 25 Web3 Innovations by YourStory
- Critical Reasoning and its correlation with Fact-checking
- Blockchain Technology in News Publishing and Reporting: Advantages & Benefits
- What is Propaganda and How to Debunk it?
- Decentralized Reporting as a Service (DRaaS)
- Fact Protocol is a Public Good, Here is Why
- What is Clickbait?
- Fact-checking the images in a Generative AI era
- Generative AI: Advantages, Limitations, and Challenges
- Fact-checking in Reputation Management
- Importance of Fact-checking in Academic Research
- Sustainability in Fact-checking
- Advantages: Web3 in Fact-checking
- Web3: A Decentralized Web
- How to Fact-check: 5 effective ways
- Blockchain technology as a tool to combat Fake News
- What is Decentralized Fact-checking?
- What is Media Literacy and why is it important?
- Difference: Fact-checking and Investigative Journalism
- Difference: Misinformation, Disinformation, and Malinformation
- What is Fact-checking?
- What is Disinformation?
- What is Fake News and Misinformation?
- The state of fake news and misinformation 2022
- Should social media platforms penalize users who spread misinformation?
- News consumers in the US found that 38.2 percent had unknowingly shared fake news
- Trust in various US-based news media organizations in 2022
- Quiz Edition NFT FPID-042022-1
- Gusture Is Joining Fact Protocol Ecosystem To Launch Decentralized Fact-Checker
We are leveraging blockchain technology to empower Fact-checkers in combating fake news
Why Blockchain?
Blockchain technology can play a vital role in the fight against fake news and disinformation. Blockchain provides a secure, decentralized, and tamper-proof ledger that can be used to store and verify data. This makes it difficult for anyone to manipulate or alter data without being detected, ensuring the integrity and accuracy of the information. By leveraging blockchain, Fact Protocol can ensure that the information it provides through its Structured Fact Repository is trustworthy and verifiable.
Native Web3 Fact-checker
Fact protocol is a decentralized and scalable Web3 fact-checking enabler that uses its native fact-checking applications to mitigate the fake news problem.
The protocol uses two-factor to validate news and its facts. The first factor uses News Registrars (NRs) and the second factor uses News Validators (NVs) to re-verify the facts and authenticate the citations/references attached by NRs.
Through governance vote, rules are formed and decisions are enforced within the Protocol. The White Paper has further details on the protocol flow.
All facts registered on the protocol are recorded on the Blockchain.
News/Facts are first registered by a registrar
which is then validated by a validator to
increase the trustworthiness of information.
Facts are verifiable on Blockchain from the Fact-checker platform interface.
Fact-checked on Block Quest
The fact-check feed below is retrieved from Block Quest, a dedicated platform for fact-checked web3/blockchain news and content. Powered by Fact Protocol.
Feed Sample
- Arbitrum Foundation Announces DAO Governance and $ARB Token March 16, 2023Arbitrum One and Arbitrum Nova networks achieve second stage of decentralization with launch of DAO governance and $ARB token. The post Arbitrum Foundation Announces DAO Governance and $ARB Token appeared first on Block Quest (formerly Gusture).
Open-sourced. Secure (SSL enabled).
Fact in News / Media
Fact Protocol shares the Content Authenticity Initiative’s (CAI) mission to combat mis/disinformation by empowering consumers with the tools they need to determine the veracity of what they are seeing online.
Santiago Lyon, Head of Advocacy & Education, CAI by Adobe
The founders argue the advantages of a decentralized network also extend to preventing the concentration of power, keeping the validation process democratic, eliminating bias, and ensuring full transparency.
Mohith Agadi, Co-founder of Fact Protocol told The Decrypting Story
Ecosystem: Partnerships / Integrations
The Fact Protocol ecosystem is growing with native dApps, cross-chain integrations, and industry partnerships. The goal is to create open-access platforms for fact-checkers & journalists and achieve decentralization, privacy layer, and censorship resistance.
The idea and concept
March 2021 – the idea of the project is born and proof of concept (PoC) is created.
R&D is commissioned
April 2021 – R&D is commissioned and protocol design initiated.
Platforms & Tools
Q4 2022 – We will start beta launching fact-checking platforms and a suite of tools and dApps to support fact-checkers and information volunteers/users globally.
Blockchain Integration
Q4 2022 – launch of fact-checking platforms in private beta and integration with blockchain (web3 login). The fact registration on blockchain will go live with community partners in Q2 2023.
FACT Native Token
Q2 2023 – Tokenomics final update and Fact Protocol’s governance token $FACT generation.
Fact Foundation & Fact DAO
Q2 2023 – Creation of Fact Foundation & Fact DAO to oversee Fact Protocol’s activities and support its growth. Appoint a board of advisors to administer the DAO and establish decentralized governance.
Fact Learn Program
Q2 2023 – Creation of the Learn initiative to educate communities about media literacy, fake news, misinformation, disinformation, and malinformation, as well as the significance of fact-checking the information that is found online and the advantages of using blockchain in fighting fake news.
Research: L1/App-specific Chain
Q3 2023 – Commission study on developing own L1 or app-specific chain to examine the possible upside (sovereignty) and benefits for various applications within the Fact Ecosystem. Follow official social handles and other channels for updates.
Our Team
A team of web3 enthusiasts and fact-checking professionals working daily to make the world a better place. We are building a decentralized protocol that is resistant to censorship to combat fake news, misinformation, and disinformation.
Decentralized Fact-checker
World’s first decentralized fact-checking platforms with incentivization mechanics. Powered by blockchain/web3 technology and globally distributed communities.
Interested in Fact-checking?
We have compiled a collection of educational resources for journalists, students, and fact-checkers.
Web3 Verifiability Layer – Phase 1
The Fact Protocol is a decentralized and scalable fact-checking system that powers a suite of tools, also known as dApps in Web3 terms, that combats Fake News/Misinformation/Disinformation using native fact-checking applications, open APIs, and community contributions. As stated in the Proof-of-Concept, the protocol employs a two-factor approach (2FA) to ensure that fact-checks are verified unbiasedly.
With a community-driven and incentive approach, the Fact Protocol aims to scale across all categories and geographies. Together, we can prevent misinformation from spreading and save societies from becoming victims. The protocol’s rules are formed and/or amended on an as-required basis by governance vote.
The Fact Protocol — a governance and incentive protocol – is further explained in the White Paper (accessible via the main navigation).
Research Data on Fake News/Misinformation – Catalogued by Fact Institute
The state of fake news and misinformation 2022
The authenticity of information has long been a concern for both printed and digital media, affecting both businesses and society.
Should social media platforms penalize users who spread misinformation?
A July 2021 survey of online adults in the United States found that more than half of respondents thought social
News consumers in the US found that 38.2 percent had unknowingly shared fake news
A survey of news consumers in the United States found that 38.2% had unknowingly shared fake news or misinformation on social media.