GeoNewsChain reflects the key aspects of the proposed project – geolocation (Geo), news (News) and blockchain technology (Chain). The start-up relies on the use of modern technologies, such as GNSS and blockchain, to create a platform that allows citizens to post photos and short descriptions of local events. Each photo will be automatically geotagged and located on a map. Professional journalists will have the option to purchase subscriptions to access the platform, allowing them to receive quick updates on new news.