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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

London tech firm JAAK announces ‘MΞTA’ blockchain pilot for media industry

Feb 21, 2017 06:51 am UTC| Digital Currency

London-based blockchain tech company JAAK that connects media, metadata, and rights, announced the plans for a blockchain pilot for the media and entertainment industry. The announcement was made by the company founder...

Blockchain Revolution Series

Moscow to host international blockchain conference on February 28

Feb 21, 2017 05:58 am UTC| Digital Currency

Moscow will be hosting an international blockchain technology conference on February 28, 2017, with the support of Open Systems publishing house. The international conference helps in the discussion of new tools and...

Blockchain Revolution Series

BABB App creates banking platform using Ethereum smart contracts

Feb 21, 2017 04:35 am UTC| Digital Currency

BABB App announced that it is building a bank that is based on the implementation of permissioned blockchain using Ethereum Smart Contracts banking platform, Finextra reported. The Ethereum smart contracts platform is...

Blockchain Revolution Series

Blockchain Intelligence Group rolls out QLUE version codename Deep Cove

Feb 21, 2017 04:17 am UTC| Digital Currency

Blockchain Intelligence Group (BIG), a Canada-based developer of blockchain technology solutions, has announced the launch of QLUE version codename Deep Cove. The company said that the objective behind developing the...

Blockchain Revolution Series

Exclusive: Bank of Korea, R3 consortium to carry out blockchain project Translated

Feb 21, 2017 03:55 am UTC| Fintech Digital Currency

The Bank of Korea said it willcarry out the Proof-of-Concept project with R3 consortium by using blockchain technology. Kim Jung-hyuk, head of the e-finance planning team at the Bank of Koreas Financial Supervisory...

Blockchain Revolution Series

Keynote 2017 World Blockchain Forum to take place in Dubai on March 6

Feb 20, 2017 06:51 am UTC| Digital Currency

Smart Dubai will be organizing Keynote 2017 World Blockchain Forum, to be held at Burj Al Arab in Dubai on March 6, 2017. The event will cover a wide array of topics in the blockchain arena and will see 40+ most prominent...

Blockchain Revolution Series

European Commission is actively monitoring blockchain developments, says VP Andrus Ansip

Feb 17, 2017 06:10 am UTC| Fintech

The European Commission Vice President Andrus Ansip has explained in a statement that the Commission is actively monitoring the developments of blockchain technology. According to the statement, he said that the...

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Economy

French government bonds and EUR under pressure ahead of upcoming French presidential election

Upbeat data from the euro area this week, with strong manufacturing PMIs and German ifo readings failed to boost the single currency. French government bonds and the EUR remain under pressure, as investors remain focused...

U.S. jobless claims suggest favorable labor market, upcoming payroll data key for shaping rate hike expectations

Minutes of the Federal Reserves Jan. 31-Feb monetary policy meeting published earlier this week on Wednesday showed that many policymakers believed another interest rate hike might be appropriate fairly soon if labor...

Banxico amplifies toolkit to support peso without Forex reserves

On February 21, Mexicos central bank announced that it will offer up to $20 billion in forex hedges, starting with a first auction of up to $1 billion on March 6. With the new measures the central bank aims to support the...

FOMC minutes provide no clear signal of March rate hike

Release of the minutes of the Federal Reserves 1st February meeting showed that many members noted that it might be appropriate to raise the federal funds rate again fairly soon if incoming information on the labour market...

Chinese house prices show further signs of cooling in January

House prices in Chinas largest cities in January rose marginally to 64.3 percent, the lowest rise in the last 12 months, data from the National Bureau of Statistics showed Wednesday. Out of the 70 cities analysed by the...

Politics

Dems Want To Probe Trump Over Lax Security Practices

Just to add to Donald Trumps increasingly full plate of political troubles, House Democrats are now pushing for an investigation into the new presidents tendency to practice weak security measures. The representatives are...

US under Trump Series: Learn honesty from Berkshire Hathaway’s Charlie Munger

Data from Edelman Trust Barometer of 2017 shows that the public trusts in the news media in the United States have declined to the lowest level ever. Only 32 percent of the American Public trusts the news media, which is...

Words, Tweets and Stones in the "Political Correctness" Wars

Last year, a friend alerted me to an opinion article which included the unusual story of Tim Hunt, a Nobel-Prize winning chemist. At a conference in Korea, Hunt ventured regrettably outside of his expertise. He...

Five lessons Trump could learn from Lincoln

How will Donald Trump observe Presidents Day? Will he have the inclination or take the time to read about or reflect on the qualities of our greatest leaders? Given how busy Trump is issuing executive orders,...

Universal Credit: from benefits panacea to government blunder

Only a fraction of the households in the UK originally intended to be receiving a new one-stop benefit payment in 2017 are currently doing so. As of January 12 2017, 960,000 claims have been made for Universal Credit and...

Science

50,000 New Seed Deposits Go To Doomsday Vault In Norway

Norways Svalbard Global Seed Vault or the Doomsday vault, as it is more commonly known, is home to countless species of plants and crops. The facility is meant to house and protect these seeds so that in the event of a...

Scientists Dare To Ask If Gene Editing Is A Human Right

For the longest time, humans have had to accept that they had limitations due to their genetics. With the advent of powerful gene-editing tools like CRISPR, however, this is no longer the case. Now, humans can potentially...

Scientists Think The Arctic Can Be Refrozen If They Had $500B

A lot of climate experts, global leaders, and financial giants have already declared Climate Change as the single biggest threat that humanity is facing as a species. Unfortunately, there are still a lot of people and...

Scientists Created Foldable Shields That Can Stop Bullets, Light And Portable Protection

Law enforcement officials are facing constant danger as part of their duties, which is why they need all the protection that they can get. Body armor, helmets, and padding are all provided to police officers, FBI agents,...

Organic molecules found on giant asteroid Ceres – why that's a such a huge deal

Sometimes, I think scientists are just that little bit too modest. A new paper in Science has a humdinger of a title: Localized aliphatic organic material on the surface of Ceres. It doesnt exactly trip off the tongue and...

Technology

Tesla To Offer Life Insurance Bundle With All Future Car Purchases

Elon Musks electric car company has had to contend with questions with regards to how safe its vehicles are to drive after several traffic accidents involving its units resulted in death. Since then, Tesla has been cleared...

Google Launches New Tool For Fighting Trolls, Shares It With Developers

Trolls are practically an accepted part of the internet now, with many in various comment sections saying Welcome to the internet! to anyone who expresses astonishment at offensive statements on anything. It seems that...

Mass Effect: Andromeda First Impressions Roundup

BioWare recently gave certain video game media companies the opportunity to try the latest installment in the Mass Effect universe. With 3 hours to spend, reviewers eagerly dove into the demos and have been writing about...

Uber Gets Sued By Waymo Over Stolen Self-Driving Car Secrets

With so many tech companies vying for supremacy in the race for self-driving cars, some of them were bound to clash at some point. This is exactly what is happening between Googles driverless car division Waymo and the...

NASA Cargo Successfully Delivered To ISS Via SpaceX Dragon, Announces 7 Earth-Size Planets Around Nearby Star: Is This The Next Space Frontier?

SpaceXs the Dragon cargo ship containing over 2 tons of NASA supplies was finally captured by the robotic arm of the International Space Station (ISS). Astronauts Shane Kimbrough of NASA and Thomas Pesquet of the European...
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2017-02-24 21:06:35
0m

February 24 19:00 UTC Released

AREconomic Activity YY*

Actual

-0.1 %

Forecast

-0.6 %

Previous

-1.4 %

February 24 15:30 UTC Released

USECRI Weekly Annualized*

Actual

10.5 %

Forecast

Previous

11.1 %

February 27 00:30 UTC 25022502m

AUCompany Profits Pre-Tax*

Actual

Forecast

Previous

3.6 %

February 27 00:30 UTC 25022502m

AUBusiness Inventories*

Actual

Forecast

0.5 %

Previous

0.8 %

February 27 00:30 UTC 25022502m

AUGross Company Profits*

Actual

Forecast

8.0 %

Previous

1.0 %

February 27 09:00 UTC 30123012m

EZLoans to Non-Fin

Actual

Forecast

Previous

2.3 %

February 27 09:00 UTC 30123012m

ITFlash Trd Bal Non-EU*

Actual

Forecast

Previous

5.68 bln EUR

February 27 09:00 UTC 30123012m

EZMoney-M3 Annual Grwth*

Actual

Forecast

4.8 %

Previous

5.0 %

February 27 09:00 UTC 30123012m

EZLoans to Households*

Actual

Forecast

2.2 %

Previous

2.0 %

February 27 10:00 UTC 30723072m

EZCons Infl Expec

Actual

Forecast

Previous

14.5

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