US blockchain startup aims to challenge eyeball economy, social media giants

Matthew Iles, CEO of Civil Media Company, receives an interview with Xinhua in New York (Xinhua/Wang Ying)

Civil Media Company, a New York City-based blockchain-for-journalism startup, has set itself an ambitious task of building a trusted web through blockchain technology to challenge the eyeball economy and social media giants like Google and Facebook.

"We want the civil platform to stand for being a trusted place for trusted content. And that's the promise blockchain technology holds," the company's CEO Matthew Iles said in an exclusive interview with Xinhua.