Pressland, a wholly owned subsidiary of Codebase Ventures Inc (CSE:CODE) (OTCQB:BKLLF), announced Friday it has entered into a development partnership with All Tech Is Human, a startup organization that acts as a catalyst and connector for tech change.
In a statement, Pressland said it and New York-based All Tech Is Human have signed a non-binding letter of intent to work together to solve the ongoing issues of media trust and transparency.
Pressland is building a data-management platform designed to serve organizations on the front line in the fight against fake news. The company is based in Brooklyn with team members distributed globally from Bangkok to Vancouver.
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Using proprietary artificial intelligence (AI) and natural language processing (NLP), Pressland analyzes around-the-clock global news output and creates data sets and indices that can be licensed by social networks, media outlets and other news distributors to improve audience trust.
All Tech Is Human, founded in 2018 by David Ryan Polgar, is creating a hub for the ethical technology ecosystem that promotes knowledge-sharing and collaboration, tackling the thorniest tech/society issues.
The organization unites a broad group of industry leaders, technologists, academics, non-profits and commercial stakeholders to tackle issues around public trust, data ownership and media transparency.
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“At Pressland, our mission is to build products that will help restore the public’s trust in media, but the public’s trust in data and technology has also begun to erode,” said Jeff Koyen, Codebase’s chief strategy officer who leads Pressland.
“Tomorrow’s platforms must put the public’s concerns about privacy first. By partnering with All Tech Is Human, ethical technology will be woven into Pressland’s technological DNA from this early development stage, and as we scale.”
All Tech is Human founder Polgar, a pioneering tech ethicist, called Pressland “an ambitious project” and added that he’s looking forward to “building a software platform that is both commercially viable and contributes to an equitable tech future.”
Codebase Ventures is a Vancouver-based team that invests in the cannabis sector, technology and other emerging industries.
Contact the author: patrick@proactiveinvestors.com
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