The advancement of technology, and the rapid adoption of social media has paved the path for the viral propagation of fake news. People all around the world are profiting from fake news, either by presenting facts incorrectly to gain more views or by manipulating the public's opinion to influence their conduct in major societal events. Here you can find about the best option for dealing with this rapidly growing problem.
Types Of Fake News In Social Media
1. Satire or parody – fake articles are placed on websites just for the sake of entertainment and have no intention of deceiving others.
2. False connection - content of a news story is unrelated to the headlines, captions, or graphics.
3. Imposter content - legitimate sources are imitated with fictitious or altered sources.
4. Fabricated news - news is fabricated for making money or gaining fame.
Now, let us see how blockchain helps in detection of Fake News in Social Media.
How Does Blockchain Assist In The Detection Of Fake News On Social Media Platforms?
Blockchain technology has been dubbed the "emerging technology" that will transform the way information is produced and transmitted, and it has paved the way for the development of decentralized applications, with security as a major concern.
Because of the blockchain's traceability, openness, and decentralization, the problem of fake news can be efficiently addressed, as every transaction ever made is permanently recorded. The blockchain-enabled platform can give online readers a secure way of verifying the content and its source.
Other Benefits of Blockchain Technology in Fake News Detection are as follows,
1)Transparency in the news
2) Traceability of a news
3) Decentralized platform and more.
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