
CASE STUDY - OVIS
Shift Technologies' current and premier project is Ovis, a blockchain-powered, decentralized media network with a singular focus - Incentivizing the Truth.
Problem:
Distrust of the news media is at an all-time high. People are frustrated because they don’t know where to get trustworthy, verifiable, and accountable information. So they resort to social media and other non-verified news sources for information. Additionally, cryptocurrency “rug pulls” are creating deep distrust in the financial world.
Need:
How to create a news platform that ensures transparency, accountability, and verified information and incentivizes all participants to tell the “Truth” using a trusted cryptocurrency.
Solution:
By using the best of blockchain technology and social media, Shift developed the world’s first verified news TCR tied to cryptocurrency and is developing the first decentralized media network with a singular focus - Incentivizing the Truth.
As a result of Shift Technology:
Ovis’ TCR will restore trust in journalism by:
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Allowing news consumers, journalists, and fact-checkers to come to consensus in real-time to publish trustworthy, verifiable and accountable news content
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Preventing the spread of fake news and misinformation by automating payments to only occur when stories have been fact-checked by Ovis’ verification criteria
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Allowing Ovis to bring to market the first “Crypto with a Cause” cryptocurrency and bring actual long term utility with the Ovis TRUTH token
