Newsmatics, a blockchain-based news platform, has launched an AI-powered news summarization tool that automatically generates concise summaries of news articles. The tool uses natural language processing and machine learning algorithms to analyze the content, identify key points, and produce accurate summaries. This technology aims to help users quickly grasp the essence of news stories without having to read lengthy articles. The summaries are generated in real-time and can be customized based on user preferences. Newsmatics believes this tool will revolutionize how people consume news by providing a more efficient and convenient way to stay informed. The company plans to integrate the summarization feature into its blockchain-based news platform, which rewards content creators and curators using cryptocurrency.