PUBLISH,Inc. announced on the 14th that it has signed a memorandum of agreement (MOA) with the Mongolian Journalists’ Federation and the Mongolian Website Association, outlining specific mutual cooperation on the impleprmentation of DID (Decentralized Identifier) press credentials and the establishment of a blockchain-based Web 3.0 ecosystem.

Last year on December 5th, PUBLISH, the Mongolian Journalists’ Federation, and the Mongolian Website Association signed an MOU with the objectives of supporting the establishment of the Mongolian Journalists’ Association ‘Press ID’ utilizing blockchain technology, supporting and collaborating on a blockchain-based Web 3.0 news ecosystem, and promoting the development and education of blockchain-based news ecosystems in the Central Asian region.

Through this MOA, the concrete goals of supporting the implementation of ‘Press ID’ and commencing the pilot operation of PUBLISHlink services within this year were solidified based on the previous cooperative efforts.

The Mongolian Journalists’ Federation is a representative organization of the Mongolian media industry, with 23 branches in 21 provinces and 2 cities in Mongolia. All media outlets active in Mongolia are members of this federation, with approximately 4,000 journalists participating. The Mongolian Website Association is a subsidiary organization under the federation and has 56 participating media outlets (websites) representing Mongolia.