Konstellation Partners with PUBLISH Protocol
Today we are proud to announce our new partnership with one of the first media Blockchain consortium, Publish Alliance. One of our thoughts at Konstellation is that we aim to build an ecosystem that will be the backbone of the financial services sector, and we will need it to be as accurate as possible. Moreover, with the recent surge of fake news and information, we will need to find a way to have trusted data to be able to make investments.
This is why we believe we need an infrastructure to provide and certify news releases. This is one of the most important foundations we wanted to add to our network, to be able to certify every news item we have. We previously partnered with Bitcurate, which analyzes news and the crypto-market to predict performance. We have decided to take this idea a step further.
In this light, we are happy to welcome Publish Protocol into the Konstellation ecosystem. Our CEO Sang Lee and Publish Protocol CEO Kwon Sung-Min signed a memorandum of understanding on July 15, 2019. Sang Lee was also interviewed by the CEO of Publish Protocol in a video interview that can be found here.
The Publicly Alliance is a decentralized media consortium that links media, technology start-ups, and academic institutions. Currently, there are about 40 domestic and foreign media companies and companies affiliated with this consortium, and the total monthly traffic is estimated at about 1 billion views.
What we want to provide to our network is access to certified news as quickly as they occur. In the future, Konstellation’s members will be able to access this news, but also participate in publishing the work and obtain rewards for their participation in the network. As Kwon Sung-Min, CEO of PUBLISH Protocol, said “Investing requires faster and more accurate information and news, and this collaboration with Konstellation will enable Alliance members and subscribers to be informed of new investment information and insights that will be available in the future.”
We are excited to bring news of this partnership to the Konstellation (DARC) community and look forward to many more in the future as we work to provide a seamless blockchain-agnostic solution across all financial services verticals.
About Publish protocol
Publicity Co., Ltd. provides newsroom solutions for blockchain Internet newspapers. Last September, the blockchain platform for media Publish Protocol (PUBLISHprotocol) developed ‘and Newspaper CMS solutions, implement them Publish software (PUBLISHsoft) launched The PUBLISH Alliance, a global consortium for the development of publishing protocols and industry-wide initiatives. Learn more at https://publishprotocol.io/.
About Konstellation Network (DARC)
Konstellation (DARC) will expand the blockchain ecosystem for the massive global financial services industry. Large financial institutions want to start digital asset investment, but there is no existing infrastructure for the creation, storage and distribution of digital assets.
DARC is the utility token that powers the Konstellation Network, a hybrid public/private blockchain which will allow for (i) the creation of digital assets, (ii) the seamless and global blockchain-enabled trusted interaction with critical counterparties and (iii) the backbone upon which financial institutions can interact with each other in a transparent, secure and, most importantly, compliant manner. It currently trades on Exrates and P2PB2B. Learn more at https://konstellation.tech/.
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