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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

South Korea unlikely to impose a complete ban on cryptocurrencies

Feb 14, 2018 10:43 am UTC| Digital Currency

In a major relief to cryptocurrency users, the South Korean government has said that it will focus on enhancing the transparency of cryptocurrency exchanges, rather than imposing a complete ban, according to...

Blockchain Revolution Series

Azerbaijan’s Ministry of Taxes to explore blockchain potential

Feb 14, 2018 09:48 am UTC| Digital Currency

Azerbaijans Ministry of Taxes will look into the potential of blockchain technology, according to Trend News Agency. Speaking at the Taxes: Transparency: Development conference in Baku on Tuesday, Azerbaijani Minister...

Blockchain Revolution Series

Indian state of Maharashtra to launch blockchain pilot projects

Feb 14, 2018 03:07 am UTC| Digital Currency

The government of Maharashtra, the third largest Indian state, is planning to launch five to six blockchain pilot projects in the state in collaboration with startups, The Economic Times reported. A senior government...

Blockchain Revolution Series

Digital Currency Revolution

CFTC’s public meeting to focus on blockchain and cryptocurrencies on February 14

Feb 13, 2018 11:05 am UTC| Digital Currency

The U.S. Commodity Futures Trading Commissions (CFTC) Technology Advisory Committee (TAC) is going to hold a public meeting which will focus on financial technology (fintech) including blockchain and virtual...

Blockchain Revolution Series

Schneider joins Blockchain in Transport Alliance

Feb 13, 2018 06:17 am UTC| Digital Currency

Transportation and logistics company Schneider has joined the Blockchain in Transport Alliance (BITA) to collaborate on the development of blockchain standards and education for the freight industry. Formed in August...

Blockchain Revolution Series

Digital Currency Revolution

RBI’s working group calls for regulatory sandbox to foster fintech companies

Feb 13, 2018 04:52 am UTC| Digital Currency Fintech

An inter-regulatory working group set up by the Reserve Bank of India has published its report on fintech and digital banking. The working group was set up in July 2016 and included representatives from the RBI, SEBI,...

Blockchain Revolution Series

UAE Exchange joins RippleNet for blockchain-based cross-border payments

Feb 12, 2018 08:35 am UTC| Digital Currency

UAE Exchange, a money transfer, foreign exchange and payment solutions company headquartered in Abu Dhabi, has partnered with Ripple to enable instant, seamless and real-time cross-border payments using blockchain...

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Economy

Polish inflation falls below 2 pct in January, NBP likely to remain relaxed

Polands headline inflation slipped back below 2 percent in the month of January, as expected. This signifies that the National Bank of Polands projection materializes, so central banks voices calling for stable official...

UK gilts jump after January retail sales miss market expectations, albeit higher than previous

The UK gilts jumped Friday after the countrys retail sales for the month of January, missed market expectations, albeit registering figures higher than the ones seen in December. The yield on the benchmark 10-year...

UK gilts jump after January retail sales miss market expectations, albeit higher than previous

The UK gilts jumped Friday after the countrys retail sales for the month of January, missed market expectations, albeit registering figures higher than the ones seen in December. The yield on the benchmark 10-year...

German bunds flat in muted trading after wholesale price index beats estimates in January

The German bunds remained flat in a muted trading session that witnessed the least participation from investors. However, the 1-tier wholesale price index (WPI) data for the month of January topped market expectations,...

German bunds flat in muted trading after wholesale price index beats estimates in January

The German bunds remained flat in a muted trading session that witnessed the least participation from investors. However, the 1-tier wholesale price index (WPI) data for the month of January topped market expectations,...

Politics

For black celebrities like Oprah, it's impossible to be apolitical

Oprah Winfreys rousing Golden Globe speech has many speculating whether the media mogul will become a presidential candidate in 2020, with some pundits questioning the merits of another celebrity president. But to...

Politicians are inflating the evidence used to justify tax increases

Chris Doucouliagos, Professor of Economics, Department of Economics, Deakin Business School and Alfred Deakin Institute for Citizenship and Globalisation, Deakin University Many government policies are flawed because...

GOP tax plan doubles down on policies that are crushing the middle class

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

What does Ramaphosa's victory mean for South Africa's economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africas governing party, the African National Congress (ANC). This positions him to become the countrys president in 2019. Sibonelo...

Cyril Ramaphosa prepares to confront South Africa's bleak future

Among all the remarkable turns in African politics this year, one of the most momentous was Decembers ANC party congress in South Africa, where the party chose a new president: Cyril Ramaphosa, who narrowly bested...

Science

Ozone Layer Update; Not Recovering As Expected For Unknown Reasons

In the late 90s, the issue regarding the hole in the ozone layer was big in the public consciousness, but it quickly faded in light of a new gigantic threat in the form of climate change. In recent years, scientists have...

Scientists Wants To Use Poison As Male Birth Control

The pharmaceutical industry or indeed the drug market has historically used a variety of organic substances and resources to create medicine for various applications. Several poisonous plants, for example, have been turned...

Children Given New Ear Grown From Their Own Cells

Growing human body parts has been the focus of study for many in the medical industry for decades. In a recent breakthrough, a new study revealed that children with underdeveloped ears were given new ones that were grown...

Scientists Are Now Turning To AI-Powered Viruses To Kill Drug-Resistant Superbugs

Due to the proliferation of antibiotics and the careless disposal of these drugs into the environment, many drug-resistant strains of bacteria have started popping up. Aptly called Superbugs, these microorganisms have...

Mega Cities To Suffer Most Due To Rising Temperatures, Heat Waves To Assault Urban Poor And Rich Alike

Thanks to global warming, the planets temperature continues to rise despite the best attempts of countries trying to curtail the effects of carbon emissions. In a recent study, researchers have found that this rising...

Technology

Twitter Surprises Everyone By Actually Making Money

Twitter has been a bit of an oddity in the tech industry since its inception, in that it doesnt really make much money. Unlike Snapchat, Instagram, or Facebook, the sitting U.S. presidents preferred social media platform...

Fortnite Battle Royale’s Valentine’s Patch Is Here And Players Get A Crossbow

One of the best things about Epic Games Fortnite Battle Royale is the many quirky, and often timely events that it provides to its millions of players. Since Valentines Day is coming up, its only fitting that players would...

Renewable Energy Made Up Half Of New U.S. Energy In 2017

2017 saw one of the fastest adoption rates for renewable energy yet, with about half the added power coming from green sources. This is the fourth time that renewables outpaced natural gas as new additions to the power...

Elon Musk Throws Shade At LIDAR For Driverless Cars, Calls It A Crutch

LIDAR is one of the foremost technologies being used in developing self-driving technology right now, with big names like Googles Waymo and Uber frantically trying to claim supremacy using the tool. In his usual renegade...

Google Sued, Accused Of Knowingly Selling Broken Pixel Phones

When Google launched the first batch of Pixel phones, the products received mixed reactions from the industry. Many critics loved it but just as many had issues with it. Apparently, theres a portion of customers who...
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February 16 15:30 UTC Released

USECRI Weekly Annualized

Actual

8.5 %

Forecast

Previous

8.8 %

February 16 15:30 UTC Released

USECRI Weekly Index

Actual

149.8 %

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Previous

152.2 %

January 31 00:00 UTC 2644126441m

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2016 bln ARS

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January 31 00:00 UTC 2644126441m

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 3826138261m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 2644126441m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 3826138261m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 2644126441m

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 2644126441m

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 2644126441m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

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