Blockchain-based social media platform Steemit Inc., the company behind popular open source website Steemit.com, has announced a structural reorganization which will entail laying off 70 percent of its workforce as it looks for new ways to cut costs and remain sustainable as a business.
In a heartfelt post published by Steemit's co-founder and CEO Ned Scott, the rest of the team will stay on to work on reducing the cost of running the Steemit platform and the company's public APIs.
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Today, November 27, 2018, the Po.et team has taken its next step toward the verifiable web as it officially launches its proof-of-existence protocol on the Bitcoin mainnet.
According to Po.et CEO Jarrod Dicker, media is a business and journalism is a product. Po.et was founded on the premise that good journalism and a profitable business model should go hand in hand.
Po.et, a blockchain startup that allows content creators to create time-stamped titles for their written, visual and audio work, has announced Jarrod Dicker, who has held positions at the Washington Post, Time Inc. and Huffington Post, as its new CEO.
It may be the perfect match.
If you are one of the 81 million people who use WordPress to publish content, you’ll soon be able to automatically timestamp your works within the WordPress content management system using the new Po.et plugin.
Kodak, the iconic photography company first established in in the 1880s, has joined the blockchain and ICO age. Today, January 9, 2018, it announced a new blockchain-based platform with WENN Digital to empower and protect image makers, photographers and artists.
Innovative technology companies are leveraging blockchain technology to build next-generation business models and Content Delivery Networks (CDNs) for video streaming, a multibillion-dollar industry that continues to grow. According to data revealed by Theta Labs, one of the companies covered below, the video content and streaming market accounts for 67 percent of current internet traffic and could reach 82 percent by 2020.