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Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – January 27th, 2017

Jan 27, 2017 11:03 am UTC| Digital Currency Fintech Market Roundups

PBoC to continue spot checks on bitcoin exchanges, PBoC tests blockchain-based digital currency with commercial banks The Peoples Bank of China said in a statement that it will continue with the on-site inspections of...

Blockchain Revolution Series

Blockchain Insurance Initiative to announce new members

Jan 27, 2017 09:48 am UTC| Digital Currency Fintech

The Blockchain Insurance Initiative (B3i), launched a couple of months ago, plans to announce a number of new members in the forthcoming weeks, Reuters ​reported. Aegon, Allianz, Munich Re, Swiss Re and Zurich came...

Pan-African banking conglomerate Ecobank launches fintech challenge for African startups

Jan 27, 2017 07:29 am UTC| Fintech

Ecobank Transnational Inc, a pan-African banking conglomerate with banking operations in 36 African countries, has launched a fintech challenge for startups that is aimed to African entrepreneurs. The Ecobank Fintech...

Sberbank creates corporate online banking platform featuring digital marketplace with IBM

Jan 27, 2017 07:09 am UTC| Fintech

Leading Russian bank Sberbank has launched a new corporate online banking platform designed together withIBM iXto deliver an enhanced online banking experience for small and medium businesses. The small and medium...

OSC’s Fintech Advisory Committee welcomes new members

Jan 27, 2017 06:01 am UTC| Fintech

The Ontario Securities Commission (OSC), a regulatory agency that administers and enforces securities legislation in the Canadian province of Ontario, announced the members for its new Fintech Advisory Committee...

Blockchain Revolution Series

Blockchain has turned out to be multi-purpose tool, says Bundesbank President

Jan 27, 2017 05:54 am UTC| Digital Currency Fintech

Blockchain or distributed ledger technology has turned out to be a multi-purpose tool, Dr Jens Weidmann, President of the Deutsche Bundesbank, said recently. Speaking at the G20conference, Digitising finance, financial...

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Jan 26, 2017 11:46 am UTC| Fintech

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Economy

U.K. retail sales unexpectedly slip in Jan, show first signs of fall in underlying trend since Dec 2013

Data from the Office for National Statistics (ONS), showed on Friday that U.K. retail sales volumes unexpectedly dropped by 0.3 percent compared with the previous month, widely missing analysts expectations for a 0.9...

FxWirePro: The Day Ahead- 17th February 2017

Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Upcoming: Eurozone: December current account balance will be reported at 9:00 GMT, construction output numbers...

EUR/CZK likely to dip towards 25.00 this H2, says Commerzbank

The EUR/CZK currency pair is expected to dip towards a level of 25.00 in the coming months, especially in the second half of this year. Further, Czech headline inflation is likely to overshoot the central banks 2 percent...

Singapore's banking industry to see limited upside in 2017 on weak GDP growth - S&P

SP Global Ratings in a report published today said that it sees limited upside for Singapores banks In 2017 due to weak GDP growth. SP Global Ratings maintains its stable outlook on the Singapore banking sector for 2017....

Markets price in 34 pct chance of Fed rate hike at March meet after Yellen's upbeat economic assessment

Federal Reserve Chair Janet Yellens congressional testimony gave a rather upbeat assessment of the US economy, consistent with the Feds expectation of further gradual increases in interest rates. In a testimony before the...

Politics

What a philosopher and the Thirty Years War tell us about Donald Trump

Michel Foucault, who died more than 30 years ago, has something to tell us about Donald Trump. The French philosopher once delivered a famous lecture which sought to explain why the people of Europe had done away with the...

Why the government should tax unhealthy foods and subsidise nutritious ones

In an Australian study published today, we show that if the government were to combine taxes and subsidies on a range of foods and beverages, it could substantially improve the health of Australians and potentially free up...

Understanding populism: how leaders can better sell economic reform

Economic policies are seldom an easy sell. Think of the governments continued attempts to get the crossbench to help pass its unpopular corporate tax cuts. Economic issues matter to Australians. Issues such as housing...

A new president and a chance for Germany to face its demons

Frank-Walter Steinmeiers election as Germanys president represents a rare opportunity for his country. While the role is essentially ceremonial, Steinmeiers background, combined with a dramatically changing global...

Zuma's state of the nation address: nothing but farce and fisticuffs

Lets face it. Over the last three years the annual State of the Nation address in South Africa has become embarrassing. First the citizens of the country tune into the usual punch-up between the opposition Economic Freedom...

Science

We need to think about redefining citizenship in the Anthropocene

The hottest year on record was 2016. It was also the year scientists advised that Earths citizens were now living in the Anthropocene, the name proposed for an epoch in which humans influence geology and environment on a...

Lab-Grown, Pork-Free Bacon For Everyone!

Bacon is one of the most popular foods among Americans, but climate change has increased the chance of a bacon shortage. With this being the case, perhaps lab-grown bacon will finally get the chance to muscle into porks...

How far they'll go: Moana shows the power of Polynesian celestial navigation

This article contains minor spoilers. One of the greatest feats of human migration in history was the colonisation of the vast Pacific Ocean by Polynesian peoples. They achieved it thanks to their sophisticated...

Immunity During Pregnancy Determined By Baby’s Sex, Study States

The immune system of pregnant women fluctuate throughout the course of the nine months carrying the child or children, this is an established fact. However, the sex of the baby as the factor has always been more of...

SpaceX To Send Super Bacteria Into Space On Valentine’s Day

Elon Musks rocket company SpaceX is slated to send a rocket up into space on February 14th carrying a very special payload. With the alarming rate of growth of drug-resistant superbugs on Earth, scientists now want to send...

Technology

Snapchat For Android To Get Major Updates Starting Next Week; Will We Expect A Smartphone Too?

According to CEO Evan Spiegel, Android users should expect some major updates for the Snapchat app. In a series of responses on Reddit, the recluse CEO made it known that hes aware of the performance issues on Android...

Nintendo Switch Unboxing Reveals First Look At Menu System

A new unboxing video for the Nintendo Switch was taken by a fan who received the gaming console a couple of weeks earlier. Den of Geek reports that gaming enthusiast hiphoptherobot filmed and uploaded an unboxing video...

Artificial Intelligence Can Rewrite Its Own Code For Predictive Responses Much Like Skynet

Current artificial intelligence technology is being taught to be smarter by basically feeding them mountains of data and having them repeat tasks again and again until they learn. A company recently came up with a way to...

Man Saves Life By Sacrificing Tesla Model S, Elon Musk Offers Free Repairs As Reward

There are rare moments in life when a person has the chance to act for the good of others even if it meant sacrificing something that they love. In one amazing case, a driver of a Tesla Model S in Germany actually saved...

Google Unleashes Secret Weapon To End Amazon Cloud Supremacy, Will It Be Enough?

The tech world has been experiencing a quiet kind of turmoil for some time now, with companies vying for the top spot in the cloud computing industry. Right now, Amazon is wearing the crown, but Google is determined to...
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February 17 15:00 UTC Released

USLeading Index Chg MM*

Actual

0.6 %

Forecast

0.5 %

Previous

0.5 %

February 17 13:30 UTC Released

CASecurities Foreign C$ MM

Actual

10.23 bln C$

Forecast

Previous

7.24 bln C$

February 19 21:00 UTC 410410m

KRPPI Growth*

Actual

Forecast

Previous

0.8 %

February 19 21:00 UTC 410410m

KRPPI Growth YY*

Actual

Forecast

Previous

1.8 %

February 19 23:50 UTC 580580m

JPExports YY*

Actual

Forecast

4.7 %

Previous

5.4 %

February 19 23:50 UTC 580580m

JPImports YY*

Actual

Forecast

4.7 %

Previous

-2.6 %

February 19 23:50 UTC 580580m

JPTrade Balance Total Yen*

Actual

Forecast

-636.8 bln JPY

Previous

641.4 bln JPY

February 20 07:00 UTC 10101010m

TRProducer Prices YY

Actual

Forecast

Previous

66.90 %

February 20 07:00 UTC 10101010m

TRProducer Prices YY

Actual

Forecast

1.9 %

Previous

1.0 %

February 20 07:00 UTC 10101010m

DEProducer Prices MM

Actual

Forecast

0.3 %

Previous

0.4 %

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