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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

Bitcoin wallet Blockchain reveals Middle East expansion plans

Jan 20, 2017 08:23 am UTC| Digital Currency

Leading bitcoin wallet provider Blockchain has revealed its plans to expand its operations to the Middle East, The National reported. Speaking at the World Economic Forum, Blockchain chief executive officer Peter Smith,...

Blockchain Revolution Series

Acronis announces new solution with anti-ransomware and blockchain-based capabilities

Jan 20, 2017 05:50 am UTC| Digital Currency

Acronis, a global leader in hybrid-cloud data protection and storage, has announced Acronis True Image 2017 New Generation personal backup solution, which addresses the cyber-threat problem with real-time protection...

Blockchain Revolution Series

Nova LifeStyle, blockchain-based marketplace weilai178 partner to boost e-commerce strategy

Jan 20, 2017 04:46 am UTC| Digital Currency

California-based Nova LifeStyle, amanufacturer, and distributor of modern lifestyle furniture, announced its partnership with blockchain-based online marketplace weilai178, in a move to enhance the e-commerce...

Blockchain Revolution Series

WISeKey announces two new blockchain-focused partnerships

Jan 20, 2017 04:29 am UTC| Digital Currency

Leading cybersecurity company WISeKey has announced two new partnerships one aiming to enable real-time accountability and traceability in enterprise processes using blockchain technology, and the other to integrate...

Blockchain Revolution Series

Hyperledger welcomes new blockchain project Cello

Jan 20, 2017 04:00 am UTC| Digital Currency

The Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced a new project Cello, which is a toolkit for deploying a Blockchain-as-a-Service (BaaS) that minimizes the...

Blockchain Revolution Series

Mercuria, ING and Societe Generale test blockchain for first large oil trade

Jan 19, 2017 12:26 pm UTC| Digital Currency

Swiss-based international commodity trading company Mercuria along with financial services companies ING and Societe Generale is working on blockchain-based first large oil trade, Reuters reported. Mercurias chief...

Blockchain Revolution Series

FINRA calls security industry participants to collaborate on blockchain tech to ensure regulatory compliance

Jan 19, 2017 07:29 am UTC| Digital Currency

FINRA(the Financial Industry Regulatory Authority) has released a report on the implications of blockchain for the securities industry that discusses key implementation and regulatory considerations for...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

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...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

Technology

Samsung Targets Beijing’s EV Semiconductor Market at Auto China 2024

Samsung Electronics will participate in Auto China 2024, marking its inaugural presence at Beijings major automotive exhibition. This strategic move aims to tap into Chinas burgeoning automotive semiconductor market,...

Polestar to Launch Polestar 4 Pure EV in South Korea

Polestar, a Swedish automotive manufacturer owned by Volvo Cars, is set to bring its all-electric Sports Utility Vehicle to South Korea. The company specializing in EV production will release its Polestar 4 electric...

Canada Set to Enforce OECD Crypto Tax Standards by 2026

Canada has announced plans to adopt the OECDs Crypto-Asset Reporting Framework (CARF) by 2026, aligning with global efforts to standardize cryptocurrency taxation. The move aims to enhance transparency and regulatory...

Elon Musk Reveals Cybertruck Accelerator Fix; New Software Bug Exposed in Car Wash Mishap

Elon Musk has addressed the Tesla Cybertrucks accelerator problem in a recent flurry of issues. At the same time, another owner reports a significant software glitch following a routine car wash, causing a five-hour system...
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