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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

Blockchain and Financial Sector: Revolution Underway

Sep 02, 2019 14:29 pm UTC| Digital Currency

Born in 2008, the blockchain, or distributed ledger technology (DLT) was originally seen as a weird innovation, used by a few libertarian geeks. Most people would have never heard the term in the first place, was it not...

Blockchain Revolution Series

Libra: four reasons to be extremely cautious about Facebook's new currency

Jun 23, 2019 14:21 pm UTC| Insights & Views Technology

Facebook has unveiled libra, a cryptocurrency that will enable users to make international payments over Messenger and other group platforms like WhatsApp perhaps from as soon as 2020. Heres how it looks likely to...

Blockchain Revolution Series

With cryptocurrency launch, Facebook sets its path toward becoming an independent nation

Jun 19, 2019 02:06 am UTC| Insights & Views Technology

Facebook has announced a plan to launch a new cryptocurrency named the Libra, adding another layer to its efforts to dominate global communications and business. Backed by huge finance and technology companies including...

Blockchain Revolution Series

Facebook claims Libra offers economic empowerment to billions – an economist is skeptical

Jun 19, 2019 02:05 am UTC| Insights & Views Technology

Facebook is joining the cryptocurrency craze. Should we be concerned? The social network site on June 18 said its launching a new cryptocurrency called Libra with the help of 27 partners, including MasterCard, Visa,...

Blockchain Revolution Series

Creatives in the country? Blockchain and agtech can create unexpected jobs in regional Australia

Jun 12, 2019 23:51 pm UTC| Insights & Views Technology

Digital technologies such as artificial intelligence (AI) and robotics are said to make many jobs redundant due to automation. BeefLedger, a QUT research project with a focus on blockchain and agtech (agricultural...

Blockchain Revolution Series

Blockchain can help break the chains of modern slavery, but it is not a complete solution

May 02, 2019 17:29 pm UTC| Insights & Views Technology Digital Currency

Theres a good chance the device on which you are reading this contains cobalt. Its an essential metal for batteries in phones and laptops. Theres also a chance the cobalt was mined by slaves. Almost two-thirds of the...

Blockchain Revolution Series

The future of blockchain according to experts in the energy sector

Mar 06, 2019 14:01 pm UTC| Insights & Views Technology

Blockchain technology is a decentralised digital ledger that keeps public but encrypted records of peer-to-peer transactions. All members of a blockchain network can verify whether a transaction occurred or not, rendering...

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Economy

UK gilts fall ahead of November manufacturing, services PMI

The United Kingdoms gilts fell during European trading hours Monday as investors remained side-lined amid a muted trading session that witnessed data of little economic significance. However, attention might turn...

German bunds flat in silent trading ahead of Q3 GDP, November manufacturing PMI

The German bunds remained flat during European session Monday amid silent trading hours that barely witnessed any data of major economic significance ahead of the countrys gross domestic product (GDP) for the third quarter...

Thailand 2019 growth downgraded to 2.7 pct, 2020 constant at 2.9: OCBC Treasury Research

Thailands full-year 2019 growth has been downgraded to 2.7 percent by OCBC Treasury Research, a shade lower than the previous estimate of 2.8 percent, while the 2020 GDP growth rate remained unchanged at 2.9...

BI likely to leave policy rate unchanged on Thursday, keep door open to additional rate cuts: Scotiabank

Bank Indonesia (BI) is expected to leave its policy rate unchanged at 5 percent at its monetary policy meeting on Thursday afternoon, but leave the door open to additional rate cuts to prop up the nations economic growth,...

Australian bonds slightly gain in muted session ahead of November meeting minutes

The Australian bonds slightly gained during Asian session of the first trading day of the week Monday amid a muted day that witnessed data of little economic significance ahead of the Reserve Bank of Australias (RBA)...

Politics

What happens to the East Wing if Donald Trump and Melania Trump get divorced

Even before winning the election, Donald Trumps statements and actions during campaign rallies were enough to cause a string of controversies. It was then not surprising that it continued even after he won the 2016...

Donald Trump reportedly implies Melania Trump would not cry if he got shot

Melania Trump and Donald Trump have been relentlessly hounded by divorce rumors after the latter was elected the President of the United States. They have denied such claims and insisted their marriage is going well, but a...

What a minority government could mean for affordable housing in Canada

Along with climate change, affordable housing was one of the big issues of the recent Canadian federal election, with political parties scrambling to catch up with public opinion. The widespread concern among the...

Will Canada finally get pharmacare?

When I had lymphoma 12 years ago, I needed to take the drug filgrastim (Neupogen) to get my white blood cell count high enough that I could take my next chemotherapy treatment on time. Before prescribing it, my oncologist...

Government to announce more home care packages for aged before Christmas

More federal government money will be announced within weeks for home care for the aged, after a damning royal commission finding that many people die before their packages arrive. Scott Morrison on Friday said he had...

Science

Nearly all your devices run on lithium batteries. Here's a Nobel Prizewinner on his part in their invention – and their future

British-born scientist M. Stanley Whittingham, of Binghamton University, was one of three scientists who won the 2019 Nobel Prize in Chemistry for their work developing lithium-ion batteries. L-R: John Goodenough;...

Advances in anti-ageing research: how chemistry could hold the key to better health

Given the opportunity to live much longer lives, many of us might feel less than thrilled at the prospect. After all, you might think, who would want to live an extra 20 years dealing with arthritis, dementia or heart...

Dark energy: new experiment may solve one of the universe's greatest mysteries

As an astronomer, there is no better feeling than achieving first light with a new instrument or telescope. It is the culmination of years of preparations and construction of new hardware, which for the first time collects...

Predicting research results can mean better science and better advice

We ask experts for advice all the time. A company might ask an economist for advice on how to motivate its employees. A government might ask what the effect of a policy reform will be. To give the advice, experts often...

Asteroid impact that could end humanity is happening, space nation leader claims

Asteroids are the most common space objects that fly by Earth almost daily. Some of them were detected too close to the time of their close approach, but there has never been an impact that took place in modern history....

Technology

‘PUBG Mobile’ update 0.15.5 marks start of a new season

Within the past month, a couple of important updates have been released for PUBG Mobile. They did not only arrive with changes and performance improvements because the recent updates also added new gameplay features and...

iPhone 12 could be Apple’s first 5G-enabled smartphone

Whether or not Apple went all-out with its iPhone 11 series is still a debatable topic, and one aspect that makes it so is the absence of 5G support. Now, when looking forward to what iPhone 12 could offer, the upgrade to...

iOS 14 is anticipated with new screen modes, 5G support

If there is one thing that tech fans can certainly count on for 2020, it is the announcement and later release of iOS 14. Apple has not missed a year without announcing new operating systems for its products, and it is...

Pixelbook Go: Is it more priceworthy than the 2017-released Pixelbook?

This year, Google updated its lineup of Chromebooks with the launch of the Pixelbook Go. One of the most noticeable differences it has, then the 2017-released Pixelbook, is its price. However, it might also not be too...

AirPods Pro: Is it time for a costly AirPods upgrade?

Many were surprised when Apple was heavily rumored to release an all-new wireless earbuds just several months since the launch of the AirPods 2. But the company actually did when it announced AirPods Pro in October...
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