2 companies, Rakuten and Garvbal have jointly developed a technology ‘block chain’ to detect the fake news spread in the social networking media. This was announced in Bangalore yesterday (23rd April) by the CEO of Raguttan India.
A summit Conference on the title, ‘Great International Developer Summit-2918’ is being organized in the Indian Institute of Science Complex, Bangalore in the JN Tata Hall from 22nd April. It is set to conclude on 26th April.
In yesterday session, the CEO of the rapidly growing Company in the field of ’Online Technology’, Rakuten, Sunil Gopinath participated and addressed the gathering.
‘Rakuten has been one of the leading organizations among the online field of technology. It has been operating in several countries including Japan. The company has been trading on products related to the facial and object identification technology.
There are 80 Lakhs customers in Japan alone and over 10 Crores customers globally in the social networking media. Fake news is being circulated in a large way! This will cause great harm to the society.
Nowadays, social networking media is used extensively and the customers tend ti believe the fake news items. This has posed a great challenge! Rakuten and Garvball have jointly developed a technology ‘block chain’.This is the 1st ever time when technology is developed for detecting fake news.
The CEO of Rakuten, Oliver, The Block Chain Department in charge Hisada Mahoj, , Garvbal Ganesh Kaishik, and PTI Headmaster Vijay Jodhi participated.
What is block chain?
Block Chain is the technology used to identify the source/origin of a news item, how it was spread, who spread, etc. With this, it is possible to detect fake news in the social networking media.