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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

Digital Currency Revolution

US Fed’s efforts for payment system improvements highlights focus on DLT and digital currencies

Sep 11, 2017 04:32 am UTC| Digital Currency

The US Federal Reserve last week released a new paper that outlines the next steps that it will employ, in collaboration with industry, to make further progress in U.S. payment system improvements. This follows the...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – September 8th, 2017

Sep 08, 2017 10:58 am UTC| Digital Currency

Chinese regulators call for immediate cease of ICO activities Major regulatory authorities in China have jointly issued a statement calling for immediate cease of initial coin offering (ICO) activities in the country....

Blockchain Revolution Series

Cambridge Blockchain establishes new subsidiary in Paris, joins government-backed Infrachain initiative

Sep 08, 2017 06:15 am UTC| Digital Currency

Blockchain identity startup Cambridge Blockchain has formed a new subsidiary in Paris. The new company, Cambridge Blockchain SAS, aims to accelerate European deployments of the Cambridge Blockchains digital identity...

Blockchain Revolution Series

Vnesheconombank to boost blockchain educational programmes in Russia

Sep 08, 2017 05:34 am UTC| Digital Currency

Vnesheconombank (VEB), ANO Strategic Initiatives Agency (ASI), Young Professionals Union (Worldskills Russia) and Cyber Russia have signed an agreement on cooperation. According to the terms of the agreement, the...

Blockchain Revolution Series

Global telecom carriers launch blockchain consortium

Sep 08, 2017 04:32 am UTC| Digital Currency

Major telecom carriers across the globe have joined forces to launch a new blockchain consortium. Japan-based SoftBank, US-based Sprint, Taiwan-based Far EasTone Telecommunications, and US-based TBCASoft have announced...

Blockchain Revolution Series

South Korean consortium tests blockchain application in shipping and logistics

Sep 08, 2017 03:07 am UTC| Digital Currency

Samsung SDS has announced the interim results of a pilot project that involved the application of blockchain technology in shipping and logistics sector, Korea Joongang Daily reported. The pilot project was carried out...

Blockchain Revolution Series

Blockchain startup ConsenSys launches $50m VC fund

Sep 07, 2017 09:27 am UTC| Digital Currency

ConsenSys, a Brooklyn-based blockchain company, has announced a $50 million venture capital arm ConsenSys Ventures, IBTimes UK reported. The VC fund will provide pre-seed and seed capital to blockchain startups. It is...

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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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

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,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

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

Shiba Inu Issues Alert: TREAT Token Scams Surge Amid Blockchain Upgrades

The Shiba Inu community is on alert as scammers capitalize on the anticipated release of the TREAT token, which is leading to misinformation and fraudulent claims. Shibarmy Scam Alerts warns investors to verify sources as...

Io.net Tightens Security After GPU Metadata Breach, Plans Live Recovery Demo

In response to a recent SQL injection attack targeting GPU metadata, Io.nets chief security officer, Husky.io, announced rigorous new security measures and a planned webcast to demonstrate live system recovery. This...

Tesla Debuts Enhanced Autopilot in China for Just $98 Monthly

Tesla has officially launched Enhanced Autopilot subscriptions in China, offering features like auto-steering and auto-lane change. Marking a strategic step in Teslas global tech deployment. Teslas Pricing Strategy:...

Nate Geraci Highlights Correlation Between Bitcoin and ETF Performance

Nate Geraci, president of The ETF Store, emphasized the strong linkage between Bitcoins market movements and the performance of Bitcoin ETFs. This correlation is evident as shifts in Bitcoins price significantly influence...

Google Cloud Launches Web3 Portal, Stirring Mixed Reactions in Crypto Community

Google Cloud has unveiled a new Web3 portal featuring blockchain development tools, testnets, and educational resources, sparking diverse reactions across the cryptocurrency industry. While some praise the initiative as a...