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How the blockchain could save journalism’s business model

From Josh Begley's "Every NYT front page since 1852."

A Brooklyn startup, Civil, is trying to make micropayments happen via smart contracts.

It starts with the idea that news is content worth paying for, a premise that, in the past decade at least, would seem unconventional.

Civil is a Brooklyn-based startup that plans to build newsrooms built on the blockchain. Those who pay to read would act as publishers, those who write would get paid per article, and those who edit would get paid per fact-check. Everything stripped down, everything decentralized.

“We’re still very much in our primordial ooze phase,” Civil founder Matthew Iles said by phone recently. An “unlimited unbundling of the news.”

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