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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

Blockchain and cryptocurrency investors conference CoinAgenda to debut in Asia this month

Jun 14, 2018 05:12 am UTC| Digital Currency

CoinAgenda is going to debut in Asia with its inaugural CoinAgenda Asia conference to be held on June 21-23 in Singapore. Since 2014, CoinAgenda has been connecting blockchain and cryptocurrency investors with startup...

Blockchain Revolution Series

Singapore and Irish state-backed organizations invest in blockchain startup AID:Tech

Jun 14, 2018 03:30 am UTC| Digital Currency

Dublin-based blockchain startup AID:Tech has announced simultaneous investments from Enterprise Ireland, and SGInnovate, at MoneyConf, marking the first time both Irish and Singapore state-backed organizations have...

Blockchain Revolution Series

Financial services industry shifting from PoC to commercial blockchain deployments: Survey

Jun 13, 2018 11:46 am UTC| Digital Currency Fintech

In a new survey, market intelligence firm Greenwich Associates has found that the financial services industry is spending about $1.7 billion on blockchain annually. For the survey, the firm conducted over 200 interviews...

Blockchain Revolution Series

Switzerland gets new trade association to boost blockchain use in capital markets

Jun 13, 2018 06:42 am UTC| Digital Currency Fintech

Leading Swiss financial, technological, academic and legal industry players have come together to form a new associative body the Capital Markets and Technology Association (CMTA) to facilitate the use of blockchain...

Blockchain Revolution Series

Nucleus Vision to co-host inaugural edition of International Blockchain Congress in India

Jun 13, 2018 05:56 am UTC| Digital Currency

Blockchain startup Nucleus Vision is going to co-host one of the largest blockchain conferences in August. The inaugural edition of the International Blockchain Congress would be held on August 3-4, 2018, in Hyderabad,...

Blockchain Revolution Series

LG CNS, KOMSCO to roll out first public blockchain platform in South Korea

Jun 13, 2018 05:09 am UTC| Digital Currency Fintech

LG CNS, an information technology services subsidiary of South Korean electronics giant LG, has been selected by the Korea Minting, Security Printing ID Card Operating Corp. (KOMSCO) to establish a blockchain open...

Blockchain Revolution Series

Former Jefferies and J.P. Morgan executives join blockchain services firm Wachsman

Jun 13, 2018 04:17 am UTC| Digital Currency

Blockchain professional services firm Wachsman has hired senior bankers from investment banks Jefferies and J.P. Morgan to lead a new blockchain strategy and advisory division. Wachsmans Strategic Advisory Group will...

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Economy

U.S. annual GDP seen rising to 2.6 pct this year, may slow in next: Danske Bank

The United States economy is still in good shape although GDP growth slowed slightly in Q1 2018. It is the first time since the investment downturn hit the economy that GDP growth has been above 2 percent annualised in...

New Zealand bonds jump at close tracking U.S. Treasuries after ECB's decision to stay on pat until mid-2017

New Zealand bonds closed Fridays trading session on a higher note, tracking similar movement in the United States counterpart in the overnight session after the European Central Bank (ECB) announced in its monetary policy...

U.S. Treasuries surge despite FOMC’s widely anticipated rate hike; eyes on May retail sales

The U.S. Treasuries surged Thursday ahead of the countrys retail sales for the month of May and weekly initial jobless claims, scheduled to be released today by 12:30GMT respectively. However, the widely anticipated 25 bps...

UK gilts remain divided even as May retail sales beat market expectations

The United Kingdoms gilts remained narrowly divided Thursday after the countrys retail sales for the month of May smashed market expectations, largely owing to the royal wedding and warm weatherthat buoyed shopping...

German bunds slump after May CPI remains unchanged; eyes on ECB’s monetary policy decision

The German bunds slumped during European session Thursday after the countrys consumer price inflation for the month of May, remained unchanged at 0.5 percent m/m, meeting market expectations as well and now investors turn...

Politics

Venezuelans are boycotting their presidential election

Venezuelas May 20 presidential election may be an election in name only. Nicolás Maduro is widely expected to be reelected as Venezuelas president despite his 20 percent approval rating and profound mismanagement...

Profile: Avigdor Lieberman, Israel's hardline defence minister

One of the most divisive figures in Israeli politics, Avigdor Lieberman, has been his countrys defence minister since May 2016. Despite his publicly acrimonious relationship with the prime minister, Benjamin Netanyahu,...

The first terrorist act in Indonesian prison: the triggers and how to prevent them

Indonesia witnessed another terrorist act last week. But, this time, it occurred in a maximum-security detention centre located at the polices Mobile Brigade headquarters in Depok, West Java. More than 150 terrorist...

South Africa's print media is failing to empower citizens on corruption

The mainstream media can play an important role in fighting corruption. Investigative journalists in South Africa, for instance, helped to expose how the politically connected Gupta family captured elements of the...

Would America vote for Oprah for president?

America has had a black president. Is the country ready for a black president who is also a woman? Speculation about the candidacy of Oprah Winfrey makes clear that some voters think so. Granted, Winfrey says she...

Science

Bacteria Could Be the Key To Breathing on Mars, Study Says

The atmosphere on Mars is so thin that humans wont be able to breathe on the red planet unless they are wearing space suits. With plans to colonize it, wearing the bulky apparel would pose a considerable level of...

Magnets Could Be the Key to Better Wine, Study Finds

Humans have been making wine since pre-historic times, with the discovery of alcoholic beverages made from honey dating thousands of year back. Throughout the millennia, new methods for wine-making have cropped up. This...

Antipsychotic Drugs Increases Risks Of Obesity and Diabetes In Children, Study Says

Update: The article previously mentioned that antipsychotic drugs were used to treat attention deficit hyperactivity disorder (ADHD). The study does not mention this fact and we apologize for the inaccurate statement....

Scientists Just Found A Black Hole That Is Eating Everything In Its Path

Black holes are some of the most terrifying subjects in the realm of science. Not only do they offer a glimpse into the raw power that is present in the universe, they also invoke undefinable terror in those who imagine...

Salt Could Prevent Hearing Loss After An Explosion

In movies, whenever a bomb goes off or an explosion occurs, there is that iconic moment where sounds are muffled and there is a high-pitched ring that pervades the whole scene. While films can go over-the-top with regards...

Technology

Blockchain Tech Will Be Obsolete, Says International Affairs Strategist

Blockchain technology will be obsolete, claimed George Friedman, a prominent geopolitical forecaster, international affairs strategist and author of The Next 100 Years: A Forecast for the 21st Century. Known to go...

'Fortnite' to Get Stink Bomb as Smoke Grenade Replacement

Fortnite developers are going to release the remedy for the absence of the Smoke Grenade from the battle royale-themed video game. On Sunday, Fortnite players noticed that Epic Games has listed an all-new weapon on the...

‘Fortnite’ Releases Teaser for Launch of Really Big Rockets

As part of the upcoming Season 5 of Fortnite Battle Royale, Epic Games is once again teasing players with hints of whats to come. The most recent of these are the icons and countdowns that are making their appearances on...

Sony Deal Yields PS4 Exclusives for ‘Destiny 2: Forsaken,’ Including Gear, Exotic Weapon

A new expansion for Bungies Destiny 2 title has injected new life into fans who have been languishing in disappointment over the developers numerous blunders. Called Forsaken, this new content is meant to liven up the...

NYC's Nintendo World Receives Bomb Threat Reportedly over Super Smash Bros. Kiosk Removal

The main Nintendo store in New York City, Nintendo World, recently received a bomb threat from a disgruntled fan. Apparently, the person wasnt happy about the removal of Super Smash Bros. kiosks from the store. According...
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June 18 00:30 UTC Released

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11.8 0

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