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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

Korean Standards Association partners with Walton Blockchain Institute

Jun 18, 2018 05:58 am UTC| Digital Currency

The Korean Standards Association (KSA), a public organization under South Koreas Ministry of Trade, Industry and Energy (MOTIE), has entered into a partnership with the Walton Blockchain Institute in order to foster...

Blockchain Revolution Series

Brussels Airport launches blockchain application to make import process paperless

Jun 18, 2018 05:02 am UTC| Digital Currency

Brussels Airport has launched its first blockchain application on BRUcloud its open data sharing platform, according to Indian Transport Logistics News. Launched in 2016, BRUcloud aims to make data sharing in a cloud...

Blockchain Revolution Series

Port of Rotterdam Authority seeks to tap blockchain potential via CargoLedger partnership

Jun 18, 2018 04:21 am UTC| Digital Currency

The Port of Rotterdam Authority has announced a project that aims to leverage blockchain technology to make the supply chain in the port paperless and facilitate immediate handling and payment of port dues. The project...

Blockchain Revolution Series

Blockchain startup AlphaPoint secures $15M in series A funding

Jun 18, 2018 03:26 am UTC| Digital Currency

AlphaPoint, a fintech startup helping institutions launch trading platforms and tokenize assets with blockchain technology, has raised $15 million in a Series A funding round from Galaxy Digital Ventures LLC, a venture...

Blockchain Revolution Series

Ripple backs blockchain innovation and research at McCombs with $2M donation

Jun 15, 2018 09:16 am UTC| Digital Currency

Blockchain startup Ripple is going to donate $2 million to the McCombs School of Business over the next five years, according to The Daily Texan. The donation is aimed at funding blockchain research by the schools...

Blockchain Revolution Series

Chinese search engine Baidu rolls out blockchain-based quiz app

Jun 15, 2018 05:51 am UTC| Digital Currency

Chinas search engine giant Baidu has launched its first native blockchain-based knowledge quiz application, according to China Money Network. Called Duyuzhou, which stands for Du Universe, the app will create a digital...

Blockchain Revolution Series

Adents, Microsoft develop AI and blockchain-based supply chain traceability platform

Jun 15, 2018 04:59 am UTC| Digital Currency

Serialization and traceability solutions provider Adents, in collaboration with Microsoft, has developed a track trace platform using blockchain and artificial intelligence (AI) technologies. Adents NovaTrack offers...

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Economy

UK gilts narrowly mixed ahead of BoE’s monetary policy decision, Governor Carney’s speech

The UK gilts remained narrowly mixed during European session Wednesday ahead of Bank of Englands (BoE) monetary policy meeting, scheduled to be held on June 21 and Governor Mark Carneys speech, following the decision, for...

Euro area’s lower growth indicators, Italy’s political uncertainty dampen prospects of higher Nordic exports: Danske Bank

Lower growth indicators in the euro area dampen the prospects for the most important markets for Nordic exports, and the political uncertainty in Italy also risks undermining European growth, according to the latest...

Upward pressure on USD/CNY likely to affect remaining Asian exchange rates, says Commerzbank

An upward pressure on the USD/CNY exchange rate is expected to affect the remaining Asian exchange rates, according to the latest research report from Commerzbank. The Chinese stock market fell sharply yesterday in...

Bank Negara Malaysia likely to maintain OPR at 3.25 pct for rest of this year, says ANZ Research

Bank Negara Malaysia (BNM) is expected to maintain the Overnight Policy Rate (OPR) at 3.25 percent for the rest of this year and the appointment of a new Governor is unlikely to change the central banks reaction function,...

Global Geopolitical Series: U.S. imposes AD on imports of low melt polyester fiber from South Korea and Taiwan

Yesterday, U.S. Commerce Department slapped anti-dumping duty (AD) on imports low melt polyester staple fiber from South Korea and Taiwan as it announced final results of an AD investigation that was initiated by the...

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...

Ramaphosa's new dawn: much better, but not nearly enough

Cyril Ramaphosas rise to power has been greeted enthusiastically by most South Africans. Their hope is that the new president represents a leadership cohort within the governing African National Congress (ANC) thats...

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...

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

Employees Ask Microsoft CEO to Cut Ties with ICE Following Family Separations at U.S. Borders

Just like many people in and outside of the United States, employees of tech giant Microsoft have expressed their disappointment over the issue of family separation at the U.S. borders and called on CEO Satya Nadella to...

Keepsafe Launches Its Own Browser for 'Discreet' Surfing

Software company Keepsafe further expands its online security-focused services by introducing its very own mobile browser app. In the past several years, major online companies such as Google and Mozilla have introduced...

Developers Part Ways with Analytics Software Red Shell Following Claims That It's Spyware

Recently, a lot of video game fans have raised concern that the analytics software Red Shell is a type of spyware. So, several video game developers responded by dropping their partnership with the company. First, what...

Leading South Korean Crypto Exchange Bithumb Hacked; $31.5M Stolen

Bithumb, the leading cryptocurrency exchange in South Korea, has been hit by hackers, Cointelegraph reported. The attackers made off with 35 billion won ($31.5 million), which resulted in the exchange ceasing its deposit,...

Facebook Develops AI Program That Fixes Photos with Blinking Subjects

The use of artificial intelligence extends to fixing photos where subjects, by accident, have their eyes closed, and a Facebook research aims to introduce a program that can produce realistic results. Facebook engineers...
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June 20 11:00 UTC Released

USYr Mortgage Rate

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4.83 %

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4.83 %

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1052.3 %

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992.2 %

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-1541 %

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