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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

Interoperable blockchain network Aion raises initial $22M

Oct 10, 2017 05:33 am UTC| Digital Currency

Aion, an interoperable blockchain network led by enterprise blockchain company Nuco, has raised an initial $22 million USD. The pre-sale started on October 3, raising over $7.2 million in just under one week. According...

Blockchain Revolution Series

R3 and Bolero to develop DLT-based electronic Bill of Lading service

Oct 10, 2017 04:44 am UTC| Digital Currency

R3 and Bolero have agreed on a Memorandum of Understanding (MoU) to team up for a joint project to develop a new electronic Bill of Lading (eBL) service using distributed ledger technology (DLT). The main objective is...

Blockchain Revolution Series

MAS optimistic on blockchain cooperation between India and Singapore

Oct 10, 2017 03:53 am UTC| Digital Currency Fintech

The strong trade flows between Singapore and India offer good opportunities for collaboration on fintech and distributed ledger technology (DLT), Ravi Menon, Managing Director, Monetary Authority of Singapore (MAS), said...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain energy trading company Power Ledger raises $34M in ICO

Oct 09, 2017 10:31 am UTC| Digital Currency

Australian blockchain energy trading company Power Ledger has raised $34 million in an initial coin offering (ICO), the Australian Financial Review reported. Using blockchain technology, the company seeks to enable...

Blockchain Revolution Series

Dubai goes big on blockchain

Oct 09, 2017 06:15 am UTC| Digital Currency

Dubais Blockchain Strategy got a major boost at the GITEX Technology Week, which started on October 8 and running until October 12. At the event, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of...

Blockchain Revolution Series

Finastra, R3 team up to build DLT platform for syndicated loan market

Oct 09, 2017 05:32 am UTC| Digital Currency

Finastra, a fintech company formed through the collaboration of D+H and Misys, together with seven leading banks and enterprise software firm R3, is working to create a distributed ledger technology (DLT) platform for the...

Blockchain Revolution Series

Bank of England to conduct DLT PoC with Chain

Oct 09, 2017 03:48 am UTC| Digital Currency

The Bank of England is working on a proof of concept to enable privacy amongst participants in a distributed ledger technology (DLT) based system. At a meeting for FinTech contacts of the BoEs Agency for the South East...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

The Mattei Plan: why Giorgia Meloni is looking to Africa

Since coming to power, Giorgia Melonis government has been remarkably orthodox in its foreign policy. Unwavering support for Ukraine, loyalty to the Atlantic Alliance and full participation in the European Union - these...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Google Axes 200 ‘Core’ Workers, Transfers Jobs to India and Mexico Amid Restructuring

Google LLC is reducing its workforce again in its latest restructuring efforts. The tech company announced it would axe at least 200 staff from its core teams. According to CNBC, this core unit is responsible for...

Analyst Sees Shiba Inu Hitting $0.00007 Despite Major Token Dump

A Shiba Inu whale recently dumped massive SHIB tokens on Coinbase, one of the worlds top cryptocurrency exchanges. The enormous volume of SHIB offloaded quickly sparked a gloomy feeling among crypto market aficionados...

Casio Joins NFT Trend with Astar zkEVM, Unveils Anniversary Collection

Casio, one of the worlds leading watch companies, has joined the battle for non-fungible tokens (NFTs) in partnership with Astars zero-knowledge Ethereum Virtual Machine. The Casio watch NFTs will go online on May...

Tron's Justin Sun Boosts Dogecoin, Shiba Inu at Token 2049 Conference

At the Token 2049 conference, Tron founder Justin Sun endorsed popular meme coins like Dogecoin and Shiba Inu, emphasizing their pivotal distinction from traditional finance and celebrating their community-driven...

Bitcoin Dips 11% Post-Halving: Unexpected Decline Shocks Investors

Bitcoins price has unexpectedly fallen by 11% since the halving on April 20, stirring concerns among investors hoping for a post-halving surge. According to CoinGecko, Bitcoin dropped below $57,000 on May...