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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

Japanese government lists criteria to evaluate blockchain-based systems

Apr 19, 2017 05:45 am UTC| Digital Currency

Japans Ministry of Economy, Trade and Industry has recently published a document which lists the criteria for evaluating blockchain-based systems. Created by the Information Economy Division of the ministrys Commerce...

Blockchain Revolution Series

Blockchain firm Factom secures additional $8M in Series A funding round

Apr 19, 2017 04:49 am UTC| Digital Currency

According to reports by Austinlnno, Austin-based blockchain company Factom has raised $8m as part of an extended Series A round. The closing of the funding round follows after Factom $5.3 million of the round, including...

Blockchain Revolution Series

Blockchain app platform Lisk moves closer to first major release with updates to full suite of applications

Apr 19, 2017 04:48 am UTC| Digital Currency

Lisk, the blockchain application platform, has announced updates to its full suite of applications; Lisk Core, Lisk Nano, and Lisk-JS. In the official release, Lisk said that the updates signify an important milestone,...

Blockchain Revolution Series

Smart Dubai Office, Avanza sign MoU to implement blockchain-based payments platform

Apr 18, 2017 10:52 am UTC| Digital Currency

Smart Dubai Office has signed a MoU with Avanza Solutions, a leading software solutions provider, in order to deploy a city-wide blockchain payments platform. The MoU was signed under the leadership of His Highness...

Blockchain Revolution Series

EY, EzLab create blockchain platform to trace and certify Italian wines

Apr 18, 2017 09:10 am UTC| Digital Currency

The EzLab startup, in partnership with EY has created the Wine Blockchain, which is a blockchain platform that certifies the quality and geographical origin of wines made in Italy, CoinTelegraph reported. The blockchain...

Blockchain Revolution Series

Terra Food and Agriculture Tech Accelerator selects blockchain firm ripe.io for first cohort

Apr 18, 2017 04:31 am UTC| Digital Currency

Blockchain company ripe.io that provides a distributed, shared system for food supply chain, announced that it has been selected for the first cohort of startups for Terra, the Food + Ag Tech Accelerator. Terra...

Blockchain Revolution Series

Blockchain startup Chain appoints Goldman Sachs Managing Director as President

Apr 18, 2017 03:59 am UTC| Digital Currency

Chain, Inc., a U.S.-based blockchain startup, has announced that Goldman Sachs Managing Director Tom Jessop is joining the company as President, effective immediately. Prior to Chain, Jessop served as the Managing...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

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...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

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...

Technology

Tesla Granted South Korean Emission Credit Trading Rights by Environmental Ministry

Ministry of Environments green light for Tesla to trade emission credits in South Korea marks a significant milestone, enabling the electric car giant to tap into a potentially lucrative market. With estimated credits...

US Lawmakers Push SEC for Bitcoin Options Trading Approval

In a bipartisan effort, US Representatives Mike Flood and Wiley Nickel have penned a letter to SEC Chair Gary Gensler, urging swift action in approving options trading for Bitcoin exchange-traded products (ETPs). Amid...

Solana's Future Anchored in Four Key Pillars, Developer Outlines Strategy

Vibhu Norby, CEO of Drip Haus, has outlined four essential pillars to define Solanas path forward amid a dynamic period of growth and challenges in the blockchain space. Key Strategies for Solanas Scaling and User...

Shiba Inu Magazine Details Upcoming Shibarium Hard Fork Enhancements

Shiba Inu (SHIB) lovers will get a full description of the highly anticipated Shibarium hard fork in the most recent issue of The Shib magazine. On International Workers Day, the magazine begins with a rallying cry for the...
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