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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

U.S. Treasuries slip ahead of host of FOMC members’ speeches

The U.S. Treasuries slipped slightly during Fridays afternoon session ahead of a host of speeches by members of the Federal Open Market Committee (FOMC) Williams and Rosengren, scheduled to be delivered today by 12:15GMT...

RBNZ likely to leave OCR on hold at 1.00 pct next week, leave door open to further cuts: ANZ Research

The Reserve Bank of New Zealand (RBNZ) is expected to leave the Overnight Cash Rate (OCR) on hold at 1.00 percent at its monetary policy meeting next Wednesday, but leave the door open to further cuts, according to the...

UK gilts suffer after BoE’s unchanged policy decision fails to create major market impact

The United Kingdoms gilts suffered during European trading hours Friday, after the Bank of Englands (BoE) unchanged monetary policy decision did not create any major economic impact on markets, thus making investors trade...

German bunds edge tad higher after August producer price index disappoints markets

The German bunds edged tad higher during European trading session Friday after the countrys producer price index (PPI) for the month of August, disappointed market participants, going into negative territory from the prior...

JGBs close mixed in silent trading session ahead of long weekend

The Japanese government bonds closed mixed on Friday as investors remained divided amid a silent session that barely witnessed data of major economic significance ahead of the countrys long weekend, following Autumn...

Politics

Melania Trump faces backlash over fashion choices on 9/11 anniversary

Melania Trumps commemoration of the September 11 attacks 18th anniversary has been marred with yet another fashion-related controversy. Online critics claimed that the stitch work on the back portion of the First Ladys...

Destroying parliaments leads to war – just look at history

UK Prime Minister Boris Johnsons recent prorogation of parliament has led many to fear that parliamentary democracy in Britain is unravelling. And now the High Court has ruled that Johnson acted lawfully in suspending it....

Where 'woke' came from and why marketers should think twice before jumping on the social activism bandwagon

First used in the 1940s, the term woke has resurfaced in recent years as a concept that symbolises awareness of social issues and movement against injustice, inequality, and prejudice. But popularity has diluted its...

Rudd's rental affordability scheme was a $1 billion gift to developers; Abbott was right to axe it

Most Australians are spending more of their income on housing than they used to, but low-income households are being squeezed the hardest. Many are in poverty, and many more are suffering financial stress. A growing...

John Legend tweets Melania Trump should praise Donald Trump more

The United States President Donald Trump has once again had a tweetstorm directed, this time, at John Legend and Chrissy Teigen. The All of Me singer responded by suggesting that POTUS might have calmed down if only the...

Science

New prostate cancer treatment delivers good result in week

There may not be a one-stop cancer cure available to the market yet, but scientists have developed more advanced treatment strategies that increase the survivability rate among cancer patients. Researchers from the United...

HIV hides in many places in the body, Belgian researchers confirm

HIV can hide within the patients body, making it difficult to completely eradicate. With the hopes of finding an HIV cure, researchers from the Belgium-based university UZ Gent recently reported a milestone of locating...

Can we really know what animals are thinking?

Sarah, the worlds smartest chimp, died in July 2019, just before her 60th birthday. For the majority of her life she served as a research subject, providing scientists with a window into the thoughts of homo sapiens...

Cancer cells naturally die in microgravity, scientist finds

The possibilities are endless when it comes to studying potential factors that could stop the growth of cancer cells. For one, a scientist based in Australia discovered that cancer cells naturally die when exposed to...

HIV cure study finds good results from a rare muscle illness

One of the greatest tasks of medical science experts today is finding a cure for the human immunodeficiency virus (HIV). While that has not been achieved yet, many studies have resulted in further understanding the...

Technology

'Rainbow Six Siege: Ember Rise' might help lessen match quitters

Every new season in Rainbow Six Siege means new contents are made available to the players, especially with two new Operators in every seasonal update. Ubisoft also uses it as a time to issue important changes and updates...

'Clash Royale' Season 3 delivers new emotes, balance changes

Clash Royale players welcome the final quarter of the year with Season 3 of the game. Aside from bringing back familiar and fan-favorite contents, Supercell also introduces some new emotes while also delivering several...

‘Borderlands 3’ gets hotfixes a week after release

It has only been a week since Borderlands 3 was released, and Gearbox already issued a list of hotfixes to improve the game and address some minor bugs. Some of the most interesting changes are applied in the Mayhem Mode...

‘Cyberpunk 2077’ release date: Immersion cited as the main reason why the game is in the first-person view

Cyberpunk 2077 has been created as a first-person shooter and that decision has led to some criticism from the gaming community. Accusations have been thrown on CD Projekt Reds feet that they went this route to save money...

PlayStation 5 could have a Pro version immediately in 2020

For Sony, PlayStation 4 is its first gaming platform where it introduced a more advanced variant that goes by the name of PS4 Pro. Its release made sense because, from the time the PS4 was launched in 2013 to the present,...
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