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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

Government of Gibraltar proposes blockchain regulatory framework

Apr 27, 2017 05:57 am UTC| Digital Currency

Government of Gibraltars financial services regulator announced that it will release proposals for a regulatory framework for firms that are engaging in blockchain activities. HM Government of Gibraltar had published a...

Blockchain Revolution Series

IBM Japan, Mizuho Financial Group, Mizuho Bank create blockchain-based trade financial platform

Apr 27, 2017 05:09 am UTC| Digital Currency

Japanese banking company Mizuho Financial Group, along with Mizuho Bank and IBM Japan announced that they are building a trade financial platform using blockchain technology. The announcement stated that by digitizing...

Blockchain Revolution Series

Blockchain platform NEM’s iOS app now available on Apple App Store

Apr 27, 2017 04:47 am UTC| Digital Currency

NEM.io Foundation, a Singapore-based non-profit organization set up to promote the NEM blockchain technology, has received Apples approval to launch the mobile application on its App Store. NEM team earlier this week...

Blockchain Revolution Series

NUS, ICBI team up to foster blockchain training in Singapore

Apr 26, 2017 11:33 am UTC| Digital Currency Fintech

The School of Computing at the National University of Singapore (NUS) has collaborated with IBM Center for Blockchain Innovation (ICBI), in a move to promote fintech and blockchain training in the country. The partners...

Blockchain Revolution Series

Blockchain mobile app Humaniq partners with BOScoin; launches Innovation Centre in Cambridge

Apr 26, 2017 07:32 am UTC| Digital Currency

Blockchain financial inclusion app, Humaniq, has announced that it has partnered with BOScoin, the leading cryptocurrency platform in South Korea. Under the partnership, Humaniq and BOScoin will share strategic...

Blockchain Revolution Series

BoE seeks to work with startups on blockchain privacy

Apr 26, 2017 06:55 am UTC| Digital Currency Fintech

The Bank of England is opening the fourth round of applications to the FinTech Accelerator, Mark Carney, Governor of the Bank of England, said recently. Speaking at the International FinTech Conference 2017, Old...

Blockchain Revolution Series

eZforex, Star One CU, Ripple partner to provide international blockchain payments for US banking

Apr 26, 2017 05:01 am UTC| Digital Currency

Texas-based eZforex.com, Inc, a leading provider of foreign currency for travelers through financial institutions, has partnered with Star One Credit Union and blockchain technology provider Ripple, in order to offer the...

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Economy

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

Will global oil supply be at risk if Iran and Israel pull the Middle East into war?

Tensions in the Middle East have escalated following Irans weekend missile and drone attacks on Israel, heightening concerns of a wider conflict. As with the Russian invasion of Ukraine, further conflict has the...

EU enlargement: What does the future hold?

To widen or to deepen. This has been one of the longstanding dilemmas throughout European Union (EU) history, and a perennial sticking point in the unending process of European integration. In its time, the UK...

Politics

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

South Korean President Yoon faces foreign policy challenges after the National Assembly election

South Koreas parliamentary election of April 10, 2024, was widely seen as a referendum on President Yoon Suk Yeols first two years in office. That being the case, the nation collectively expressed its strong...

How will US foreign policy affect Joe Biden’s chances of re-election in November?

When big questions about American foreign policy collide with an election, its rarely good news for a sitting president. Like many leaders before him, US President Joe Biden has had some of these questions thrust on...

US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

‘We have thousands of Modis’: the secret behind the BJP’s enduring success in India

Since 2014, Indian Prime Minister Narendra Modis popularity has grown exponentially and so has the formidable organisational machine of his Bharatiya Janata Party (BJP). These two factors will be key to delivering the BJP...

Science

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...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Technology

Bitcoin Price Alert: Potential Drop to $59K Seen as Prime Buying Opportunity for Savvy Investors

As Bitcoin teeters near a significant threshold, market analysts eye a potential dip to $59,000 not just as a concern but as a strategic buying signal for long-term gains. Bitcoin Price Teeters as Expert Predicts...

U.S. SEC Set to Reject Spot Ether ETFs in May Amid Regulatory Hurdles

The U.S. Securities and Exchange Commission is expected to deny approval for spot Ether ETFs in May, continuing a cautious stance amid unresolved regulatory clarity, according to industry insiders. SEC Set to Delay...

Mercedes-Benz to Release Luxury Electric Van in China

Mercedes-Benz, the German luxury and commercial vehicle manufacturer, plans to release a luxury electric van model in China. This information was shared by the companys head of the vans unit, Mathias Geisen, to the local...

Samourai Wallet Founders Arrested, Crypto Markets Tumble Amid Regulatory Heat

The cryptocurrency market dipped significantly after the U.S. Department of Justice arrested Samourai Wallets CEO and CTO, exacerbating volatility amid geopolitical tensions and the recent Bitcoin halving. Bitcoin and...

Post-Halving Surge: Standard Chartered Predicts Bitcoin to Hit $150K on Reduced Market Leverage

Geoff Kendrick, Standard Chartered Banks analyst and head of digital assets research, believes bitcoin (BTC) would likely trend upward following the halving due to lower leveraged market positions. In an interview with...