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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 Revolution Series: Citigroup Ventures With Ethereum-Based Komgo To Target Trade Finance Domain

Mar 23, 2020 07:20 am UTC| Research & Analysis Digital Currency

One of the reputed global banking giant, Citibank has geared-up with its investment in the Ethereum-based decentralized trade financing start-up Komgo. The global head of commodity trade finance at Citigroup, Mr. Kris...

Blockchain Revolution Series

Blockchain Revolution Series: Toyota Unveils Blockchain Lab On Extensive Research

Mar 17, 2020 05:57 am UTC| Research & Analysis Digital Currency

The prime objective of Toyotas expedition into the budding blockchain technology appears to be transforming their target towards becoming an extensive and holistic Mobility Company, rendering wide-range of services in...

Blockchain Revolution Series

Quick Run Through on DeFi’s Adoptability That Comes As Blessing In Disguise

Feb 19, 2020 14:51 pm UTC| Research & Analysis Digital Currency Insights & Views

DeFi has been getting its traction of late within the gamut of FinTech, growing form of Decentralized Finance (DeFi), where individuals are able to access financial services without the involvement of a bank or third...

Blockchain Revolution Series

Citi Jumps On The Bandwagon Of Blockchain For Trade Finance Business

Feb 19, 2020 09:15 am UTC| Research & Analysis Digital Currency Commentary

Many global banking giants have been on top of blockchain technology in the recent past and already begun deploying the new technology for some of their core banking businesses, just like trade finance, custody services,...

Blockchain Revolution Series

Wells Fargo (WFSC) Participates In Series B Fund Raising of Blockchain Forensic Startup

Feb 14, 2020 07:20 am UTC| Research & Analysis Digital Currency Commentary

Wells Fargo seems to be testing their luck into blockchain industry, after various Wall Street players like JP Morgan and Fidelity Investments, now yet another banking giant, Wells Fargo is reportedly investing into a...

Blockchain Revolution Series

JP Morgan’s Quorum May Go For Spin-off With ConsenSys – Reuters Reports

Feb 12, 2020 11:08 am UTC| Research & Analysis Digital Currency

The reputed investment bank, J.P. Morgan official announcement about its digital currency initiative JPMs Coin and its digital coin payment project now seems to have gone for a spin-off. This happens to be...

Blockchain Revolution Series

Booming Blockchain Tracks Contagious Coronavirus

Feb 07, 2020 07:11 am UTC| Research & Analysis Digital Currency

The deadly coronavirus has affected almost of walks of lives in China. Amid such a lingering threat, its been quite essential to recognize the budding blockchain technology is a typical distributed ledger, that it...

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Economy

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...

FxWirePro: BoC’s Rate Cuts on Cyclical Effects of Covid-19 - USD/CAD Risk-Off Call Ratio Spread

Over the weekend, the Bank of Canada cut its key interest rate by another 50 bp, after it had lowered its key interest rate from 1.75% to 1.25% at its regular meeting. The BoC also said that it was ready to take further...

Coronavirus and Spanish flu: economic lessons to learn from the last truly global pandemic

As news of the global spread of coronavirus disease (COVID-19) emerged, global financial markets reacted pessimistically and behaved in ways not seen since the 2008 financial crisis. But fully understanding the potential...

Cash handout of $750 for 6.5 million pensioners and others receiving government payments

A payment of $750 will be made from the end of this month to about 6.5 million people as part of the governments $17.6 billion stimulus package aimed at keeping Australia out of a recession caused by the impact of the...

Tokyo Olympics: how coronavirus is affecting preparations

The World Health Organizations decision to officially recognise the coronavirus outbreak as a global pandemic means organisers are facing difficult decisions on whether to go ahead with major sporting events. There were...

Politics

Ivanka Trump says she’s exploring things she wouldn’t have prioritized because of the coronavirus

Despite the social distancing and work-from-home routine she has to go through, life goes on for Ivanka Trump. In fact, her self-isolation has freed up some of her time that shes now doing things she normally wouldnt have...

US Navy aircraft carrier captain wants crew members infected with COVID-19 removed from the ship and isolated for two weeks

Even the worlds most sophisticated warship isnt out of reach from the coronavirus pandemic. A commander of a U.S. Navy aircraft is warning senior military officials that decisive action must be done to save the lives of...

US President Donald Trump to introduce new social distancing guidelines

Recently, President Donald Trump announced that the period of social distancing would continue until the end of April to slow the spread of the coronavirus. Now, Trump is expected to announce the new guidelines for the...

Joe Biden explains how he would respond to the coronavirus pandemic in recent town hall

Presidential candidate Joe Biden recently appeared for another interview-slash-town hall on CNN. The former vice president explained how he would approach the pandemic, as well as revealing his routine as of late. In a...

Melania Trump criticized after advising people to go out and have some 'fresh air' amid coronavirus outbreak

First Lady Melania Trump has been making an effort to become more visible in the midst of the coronavirus crisis in the country. As the country continues its social distancing period, Melania gives her own advice that is...

Science

Man pronounced clinically dead for three minutes describes what death is like

Death is one of lifes biggest mysteries, and it does not seem like there would be an answer any time soon. One man has shared his experience after being clinically dead for three minutes. There are many assumptions on...

NASA: Hubble Space Telescope snaps image of a one-armed galaxy

The cosmos has provided stunning sights in the forms of galaxies and other celestial objects. Recently, NASAs Hubble Space Telescope captured an image of a spectacular one-armed galaxy. The galaxy, formally known as NGC...

Asteroids: Potentially hazardous asteroid already on 'close approach' trajectory

Space agencies all over the world are keeping tabs on one particular asteroid that is bound for Earth by April. Recent reports reveal that the asteroid in question is already on a close approach trajectory. Express...

Dr. Anthony Fauci predicts over 100,000 coronavirus fatalities in US

As the world is currently struggling to contain the pandemic that is the coronavirus, it appears that the situation would only get worse before it could get better. According to Infectious Diseases director Dr. Anthony...

Technology

Nvidia Ampere GeForce RTX 3000 GPUs could be released by August

It looks like gamers will have to wait for a bit before getting their hands on Nvidias all-new Ampere GeForce RTX 3000 GPUs, including the highly anticipated flagship, the GeForce RTX 3080 Ti. Based on recent rumors from...

Sony monitors ‘risk of delays’ in ‘The Last of Us 2’ release date amid COVID-19 pandemic

The world is facing another daunting challenge as the COVID-19 pandemic manifests its effects not sparing the video game industry. Speculations on a possible second delay on the The Last of Us 2 release date has started to...

‘Cyberpunk 2077’ wallpaper teases one of V’s dangerous contract jobs

With many fans currently stuck in their homes for quarantine measures amid a global pandemic, it helps to be distracted for a while with a release of new Cyberpunk 2077 wallpaper. The image is filled with many interesting...

Why ‘Warcraft 3: Reforged’ might not get new expansions, DLC at its current state

It can be said that Warcraft 3: Reforged has been one of the most discussed video games released in 2020 so far, and most of the reasons are quite unflattering. However, the game is still part of one of the most popular...

Nintendo Switch games: ‘Tropico 6,’ ‘Super Mario 64,’ ‘Super Mario Sunshine,’ and ‘Super Mario Galaxy’ arriving to the console this year

With its portability, the Nintendo Switch console is one of the most popular consoles around and has been the best-selling hardware for a couple of years now. It looks like Switch console gamers are in for a treat in the...
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