Blockchain regimes for the practice of journalism: innovation between trial and error
DOI:
https://doi.org/10.3145/epi.2021.may.22Keywords:
Blockchain, High tech, Decentralized organization, databases, Ledgers, Economic model, Journalism, Innovation, Disruption, TokenizationAbstract
Blockchain technology was born with the bitcoin cryptocurrency and has been seen as a revolutionary technology since it became possible to design smart contracts and tokens based on it. It has been possible to export this innovation to the most diverse fields, including the culture and entertainment industry and media. However, and after six years of developing different models to incorporate blockchain into journalism, an integrated model to act as a reference in this field is still lacking. After analyzing and grouping the wide potential of blockchain in journalism into so-called regimes, this work points out both promising and failed projects in each of the three regimes proposed, viz. registration, economic, and organizational. It is concluded that, despite the very interesting developments regarding the registration regime and intellectual property protection, on the one hand, and economic regime and tokenization, on the other, the inherent decentralized configuration of blockchain currently represents a large obstacle to the construction of an integrated model for its use in journalism.
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