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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

Russian startup SONM brings blockchain CEOs Max Kordek and Jaron Lukasiewicz to advisory board

Jun 09, 2017 04:16 am UTC| Digital Currency

SONM, a Russian company that has developed a universal fog supercomputer powered by blockchain technology, has today announced two of the industrys most respected executives, Lisk CEO Max Kordek and former Coinsetter and...

Blockchain Revolution Series

Blockchain startup Stratumn raises €7M in Series A funding

Jun 09, 2017 04:13 am UTC| Digital Currency

Blockchain startup Stratumn has successfully raised 7 million in a Series A funding round that saw investments from Nasdaq, Digital Currency Group, Open CNP, the Corporate Venture arm of CNP Assurances and Otium...

Blockchain Revolution Series

Coinsilium invests in blockchain-powered social networking platform ‘Indorse’

Jun 08, 2017 12:01 pm UTC| Digital Currency

Coinsilium Group Limited, an accelerator that finances and manages the development of early-stage blockchain companies, has announced the successful completion of its investment of SG$100,000 through a convertible loan...

Blockchain Revolution Series

Agrello selects Ethereum blockchain for distributed legal system platform

Jun 08, 2017 11:05 am UTC| Digital Currency

Agrello, a blockchain startup based in Estonia, announced that it is deploying its distributed platform for the legal system on Ethereum. The blockchain company blends artificial intelligence with that of blockchain and...

Blockchain Revolution Series

What's holding up the blockchain?

Jun 08, 2017 07:32 am UTC| Insights & Views Fintech

Its not technology or regulation holding back the blockchain - software that stores and transfers value or data across the internet - we just havent figured out the next big use-case. Two reports released this week by the...

Blockchain Revolution Series

Blockchain company Humaniq opens office space in San Francisco

Jun 08, 2017 05:47 am UTC| Digital Currency

Ethereum-based blockchain banking app Humaniq, announced that it has opened a new office space in San Francisco after the successful pre-seed funding campaign. The pre-seed funding reached to 12,000 participants and...

Blockchain Revolution Series

Blockchain startup Colu open sources banking infrastructure ‘Bankbox’

Jun 08, 2017 04:46 am UTC| Digital Currency

Tel Aviv-based blockchain startup Colu stated that it is open-sourcing banking infrastructure that is known as Bankbox. The move aims to curb technical barriers and lower the costs of central banks that are planning to...

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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

Elon Musk Unveils $10 Billion AI Investment to Propel Tesla's Autonomy

In a bold stride towards futuristic transportation, Elon Musk has declared a $10 billion investment in artificial intelligence for Tesla, aiming to enhance its autonomous driving technology and potentially launch a...

OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze

Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to...

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...

MicroStrategy's Bold Strategy Pays Off: Stock Skyrockets Amid Bitcoin Fluctuations

Despite the cryptocurrencys volatility, MicroStrategys stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management. MicroStrategy Triumphs: Stock...

Elon Musk in Beijing to Propel Tesla's Self-Driving Tech in China

Tesla CEO Elon Musk unexpectedly visited Beijing on Sunday to discuss launching Teslas Full Self-Driving technology in China and navigate data transfer policies amidst heightened US-China trade collaborations. Elon Musk...