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Wed, Sep 28, 2022 09:18 AM All times are UTC Edition :

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Blockchain Revolution Series

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A block chain or blockchain is a permissionless distributed database that maintains a continuously-growing list of transaction records hardened against tampering and revision. It consists of blocks, holding batches of individual transactions. Each block contains a timestamp and an information linking it to a previous block. The block chain is seen as the main technical innovation of bitcoin, where it serves as the decentralized public ledger of all bitcoin transactions. This original design has been the inspiration for other cryptocurrencies and distributed databases. In this series, we cover latest development stories related to blockchain and its applications around the world.

Blockchain Revolution Series

The Ethereum merge could kick off a transformation in crypto's battered reputation

Sep 10, 2022 08:07 am UTC| Technology

Cryptocurrencies might still be a very long way from their highs of 2021, but some of the major ones have staged some decent recoveries in the past couple of months. Notably ether (ETH), the second largest cryptocurrency...

Blockchain Revolution Series

Central bank digital currencies could mean the end of democracy

Aug 02, 2022 04:22 am UTC| Insights & Views Economy

In recent years, we have witnessed a growing interest in the idea of central bank digital currencies. Similar to cash, central bank digital currencies are a form of money issued by central banks. In each country, a...

Blockchain Revolution Series

IPXHOP ties up with Meta Planet - A step closer to global expansion

Jul 28, 2022 07:30 am UTC| Business

The two businesses are collaborating on IP for games tailored for the NFT marketplace. IPXHOP (IPXHOP CEO Lee Hyo-sung) announced today that it has signed a business agreement with Meta Planet (METAPLANET CEO Kim...

Blockchain Revolution Series

PUBLISH, Lamda256 join forces to build out web3 services for news media

Jul 27, 2022 09:54 am UTC| Business

PUBLISH announced today that it has signed a strategic partnership with Lamda256. Lamda256 is a subsidiary of Dunamu, which also operates Upbit, Koreas largest cryptocurrency exchange. Lambda256s flagship service is...

Blockchain Revolution Series

‘Minecraft’ NFT: Mojang won’t allow blockchain tech in the game because it promotes ‘scarcity and exclusion’

Jul 22, 2022 06:36 am UTC| Technology Digital Currency Business

Minecraft fans have been asking developer Mojang Studios to clarify its position and policies on NFTs (non-fungible tokens) and other blockchain technologies. The company has now provided a comprehensive statement on the...

Blockchain Revolution Series

There are systems 'guarding' your data in cyberspace – but who is guarding the guards?

May 28, 2022 11:05 am UTC| Technology

We use internet-connected devices to access our bank accounts, keep our transport systems moving, communicate with our colleagues, listen to music, undertake commercially sensitive tasks and order pizza. Digital security...

Blockchain Revolution Series

Can you truly own anything in the metaverse? A law professor explains.

Apr 23, 2022 08:32 am UTC| Technology Digital Currency

In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The...

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Economy

AMC is selling its APE shares to pay its debt and Citigroup Global is handling the sale.

AMC Theatres is selling up to 425 million APE preferred shares to raise money and pay its debts. APE is a new type of preferred equity unit that was issued by AMC Entertainment last month, and its trading commenced on Aug....

TikTok may be fined in the UK over breach of children's personal data privacy.

TikTok is a Chinese short video hosting platform owned by ByteDance. It is also locally known as Douyin, and it was reported that it is facing a hefty 27m fine in the United Kingdom for failing to protect the privacy of...

Alipay+ will help make GCash, TrueMoney, Touch'n Go, and AlipayHK payments acceptable in South Korea.

Ant Groups Alipay+ has teamed up with several e-wallet brands in Asia to help them expand to South Korea. The company also wants to promote cashless travel in the country, and this is another reason for the...

Hanhwa Group is aiming to become a global defense powerhouse with the acquisition of Daewoo Shipbuilding and Marine Engineering.

Hanhwa Group is taking over Daewoo Shipbuilding and Marine Engineering (DSME) and has already signed a conditional memorandum of understanding (MOU) to acquire a controlling stake. The multi-profile business conglomerate...

China, the US, and India are expected to bear the brunt of the damage, with costs of $10 trillion, $2.5 trillion, and $850 billion.

Rising levels of obesity are set to cost the world economy 3.3 percent of GDP by 2060, slowing development in lower-income countries, according to a study published in BMJ Global Health. The conditions currently cost...

Politics

IAEA chief Rafael Grossi said talks have resumed with Iran over the safeguards probe into the particles found in Iranian nuclear sites.

Iran and the United Nations nuclear watchdog restarted their discussions over the outstanding probe into the nuclear particles found in nuclear sites in Iran. The restarted discussions follow the deadlock over the nuclear...

Zelenskyy said in an interview with CBS that two more mass burial sites were found in Izium.

Ukrainian President Volodymyr Zelenskyy said authorities discovered two more burial sites in the now-reclaimed city of Izium. This follows the previous discoveries of burial sites in the area that led to the exhumations of...

Harris and Kishida stressed the importance of peace and stability in the contested waterway that China claims sovereignty over.

United States Vice President Kamala Harris and Japanese Prime Minister Fumio Kishida condemned China for its continued provocations in the contested Taiwan Strait. This comes as Harris is currently visiting the Asian...

A spokesperson for British PM Liz Truss said the government must control immigration in a way that also works for the country.

The spokesperson for British Prime Minister Liz Truss said this week that the government must control immigration in a way that works for the country. The comments come amidst reported calls by the interior minister for...

The EPA has launched the Office of Environmental Justice and Civil Rights aimed at helping minorities disproportionately affected by water and air pollution.

The United States Environmental Protection Agency unveiled its office for environmental justice over the weekend. The new office would be focused on the needs of minorities that have been heavily affected by...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

Apple confirms downgraded version of Stage Manager for older iPad Pro models without M1 chip

Apple previously said Stage Manager on iPadOS 16 was only possible on newer iPads, specifically the models powered by the M1 chip. Now, the company shared some good news and confirmed that it found a workaround to bring...

Netflix establishes first in-house video game studio headed by former Zynga exec

The Netflix Games service went live over a year ago, but the streaming giant has more plans for its video game business. The company announced this week that it is establishing its first development studio to deliver...

Leaked technical specifications of the regular Pixel 7 model suggest very few changes from its predecessor

The regular Pixel 7 model is the subject of one of the latest Google leaks ahead of the companys launch event next week. And it appears that the upcoming device does not sport that many changes compared to its...

Report: Apple Pay Later feature could be delayed until spring 2023

Apple Pay users may have to wait longer than anticipated for the buy now, pay later feature. The new payment plan will be released as one of the new features in iOS 16, but a new report suggests the Apple Pay Later might...

A new MacBook Air with a larger 15-inch display is expected to be one of the new Apple devices to enter the market in 2023

Apple is expected to close this year with the announcement of new Mac devices next month. But reports on what products the tech giant plans to unveil in 2023 are already making the rounds online, and it might include an...