PUBLISH wins ‘Best Digital News Start-up’ award by World Newspaper Association
Founded in 1948, WAN-IFRA is a non-profit, non-governmental organization that aims to protect the rights of journalists and publishers around the world to operate independent media. Its global network counts more than 3,000 companies and 80 national associations representing 18,000 publications in 120 countries.
Members include the likes of the New York Times, Bloomberg, The Guardian, and the Financial Times, among others. PUBLISH became a WAN-IFRA member in March this year.
Chris Sung, co-CEO of PUBLISH, commented on the award:
We are honored to receive this award from WAN-IFRA and the recognition from such a global association validates PUBLISH’s pursuit to bring blockchain benefits to the traditional news industry.
Sonny Kwon, co-CEO of PUBLISH, underscored the importance of blockchain technology for sustainable journalism:
Blockchain technology can increase engagement and reduce newspaper’s dependence on advertising revenue. We are creating a new paradigm by tokenizing the news and creating countermeasures against fake news using the blockchain technology.