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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

Hong Kong’s FSDC releases two reports on fintech and DLT to foster development

May 10, 2017 05:42 am UTC| Digital Currency Fintech

The Financial Services Development Council of Hong Kong (FSDC) has released two research reports in order to foster the development and application of fintech and distributed ledger technology (DLT) in the country. The...

Blockchain Revolution Series

Microsoft Azure announces support for Waves blockchain platform

May 10, 2017 05:09 am UTC| Digital Currency

Microsoft has announced its support for Waves, a decentralized platform for crowdfunding and creation of digital tokens, on its Azure marketplace. The Waves platform primarily seeks to enable easy creation and...

Blockchain Revolution Series

Blockchain project Fermat partners with Cicada

May 10, 2017 04:17 am UTC| Digital Currency

Fermat, the decentralised, blockchain and graphchain-enabled open source project developing the Internet of People (IoP), has announced its partnership with Cicada, a distributed direct democracy and decentralized...

Blockchain Revolution Series

Deloitte Luxembourg develops blockchain PoC ‘KYCStart’ to perform customer onboarding

May 10, 2017 04:17 am UTC| Digital Currency

Deloitte Luxembourg announced that it has developed Kick Start (KYCStart), which is a new blockchain proof-of-concept in order to perform customer onboarding. According to the reports by Finextra, the blockchain PoC...

Blockchain Revolution Series

Blockchain firm BTL Group progresses 2017 strategy of Interbit plaform

May 09, 2017 10:29 am UTC| Digital Currency

Blockchain technology firm BTL Group has provided a progress update and strategic outline for the rollout of its proprietary private blockchain platform Interbit, in a Beta version during the upcoming third quarter of this...

Blockchain Revolution Series

Blockchain project Cosmos partners with BOScoin

May 09, 2017 05:17 am UTC| Digital Currency

Cosmos, a project aiming to build an internet of blockchains, and BOScoin, the leading cryptocurrency platform in South Korea, have entered into a strategic partnership agreement to share resources, conduct research on...

Blockchain Revolution Series

Delaware Senators seek legal recognition for blockchain stocks and records

May 09, 2017 04:50 am UTC| Digital Currency

Senators in Delaware last week introduced a bill that aims to legally recognize electronic databases, including those created on distributed ledgers or blockchain, for the creation and maintenance of stock ledgers and...

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Economy

Japan's underlying inflationary pressures remain subdued, highlight difficult task ahead for the BoJ

In Japan, data from the Internal Affairs Ministry showed on Friday that Japans core consumer inflation gauge rose for a fourth month in April, the longest run of gains since mid-2015, but remains far below the central...

U.S. Treasuries gain ahead of Q1 GDP data; slightly higher initial jobless claims lend support

The U.S. Treasuries gained Friday as investors await the countrys first-quarter gross domestic product (GDP), scheduled to be released later in the day. Further, the slightly higher reading of the initial jobless claims,...

EUR/HUF likely to remain steadily higher over the coming year, says Commerzbank

MNB remained dovish at its May Monetary Policy Committee (MPC) meeting this week, but there was the absence of any fresh dovish signals, which made markets wonder whether or not MNB was going to reconsider its ultra-dovish...

FxWirePro: The Day Ahead- 26th May 2017

Not many economic data and events scheduled for today and some with high volatility risks associated. Upcoming: The 43rd G7 summit begins today in Italy. United States: Feds Bullard is scheduled to speak at...

UK's Q1 GDP growth unexpectedly revised down in 2nd estimate, BoE policy unlikely to see significant impact

The second estimate of UK GDP for Q1 2017 released earlier today saw an unexpected revision down to 0.2 percent from the previous estimate of 0.3 percent. Todays data follows growth of 0.7 percent in Q4 of 2016 and means...

Politics

How World War I changed the weather for good

Culture has rarely tired of speaking about the weather. Pastoral poems detail the seasonal variations in weather ad nauseam, while the term pathetic fallacy is often taken to refer to a Romantic poets wilful translation of...

Beyond Brexit: ‘Global Britain’ looks to the emerging Anglosphere for new opportunities

What lies beyond Brexit? This is not just a question for the United Kingdom and the European Union, but also one that will reverberate around the world. One answer is the Anglosphere. Often spoken of as an...

Electioneering in the social media age

Britain is engaged in a General Election contest and once again political parties are investing money, time and energy in their online presence. The Tories are ploughing cash into Instagram adverts and Labour is doing its...

How UKIP’s decline could provide a major boost for Theresa May

The British prime minister Theresa May called a snap general election in the expectation that it will deliver her a substantially increased parliamentary majority. This in turn would give her the strong and stable...

US under Trump Series: Appointment of Mueller as special counsel is good news for policies

Last week, the US deputy attorney general Rod Rosenstein appointed the former FBI director Robert Mueller as a special counsel to the investigation to Russias meddling with the US election and alleged collusion between the...

Science

There Are Now Tattoos That Can Say It Was Stupid To Get A Tattoo Out Loud

Humans have had a long history with tattoos, going back to the hunter-gatherer days when primitive tribes would mark themselves after a successful hunt or winning a war. These days, tattoos have become a fashion statement,...

Gas Station On The Moon Planned, Mars Mission Jump Point

There are several developments in the space sector right now, one of which is the effort to colonize Mars. However, this project has quite a few obstacles with energy burnout being a major factor. This is where a Caltech...

Arms Early Impressions Favorable, Nintendo Switch Motion Control Seems Good

When it was announced that Nintendo was going to be released a fighting game with motion controls called Arms, many were concerned that the response wouldnt be up to par. Based on early impressions, however, both the game...

Scientific Proof That Vegans Are Right, Going Meatless Will Save The World

In developed communities, particularly in the US, Vegans have earned unfortunate reputations for being a little annoying. However, new scientific research suggests that they may actually have the right standpoint on the...

Inoculation theory: Using misinformation to fight misinformation

As a psychologist researching misinformation, I focus on reducing its influence. Essentially, my goal is to put myself out of a job. Recent developments indicate that I havent been doing a very good job of it....

Technology

Another Private Rocket Company Competes With SpaceX, Successful Test Reaches Space

Theres no denying that Elon Musks SpaceX is the most popular private space company in the business right now. However, its not the only one. Another American company successfully launched a rocket from a New Zealand site,...

Free ‘The Witcher’ Game Available To Players Of ‘Gwent’ Closed Beta

CD Projekt Red has opened the doors to the open beta of the Gwent: The Witcher Card Game, so everyone can finally try out the spin-off card game found in The Witcher 3: Wild Hunt title. This isnt the end of the surprises,...

Fallout 4 Is Free-To-Play This Weekend, But Only This Weekend

Theres no doubt that Bethesdas Fallout 4 video game has been a financial success, but it seems the company wants to increase the exposure of the title years after its release. This weekend, players will be able to download...

Far Cry 5 Details Revealed; Cults And Inbred Characters?

After confirming a few details about Far Cry 5 last week, Ubisoft promised that it will do the official announcement of the game in a few days. In the meantime, the company released an official artwork for the game that...

DJI Introduces ‘Spark’ Its Smallest Drone Yet, Only $499

Chinese tech company DJI is undeniably dominating the drone market, but in order to stay on top, it needs to provide more variety to its lineup. Introducing the new Spark, the companys smallest drone that comes with an...
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May 26 12:30 UTC Released

USPCE Prices Prelim

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2.4 %

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2.4 %

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2.4 %

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2.1 %

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2.0 %

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3.32 %

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3.50 %

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2.6 %

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2.3 %

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144.5 %

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