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. The final product we want to offer is a system for registering and sharing news about events called GeoNewsChain. The proposed system will allow citizens to share photos and information about local events, while providing professional journalists with quick and reliable access to this data. GeoNewsChain will be in the form of a mobile application and a website, accessible on various devices.