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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

Kasikornbank and IBM Thailand partner to develop blockchain for cost saving and quick transactions

Nov 03, 2016 12:03 pm UTC| Digital Currency

Thailands Kasikornbank announced that it has joined with the Thai unit ofIBM in a move to develop distributed ledger services to save costs and quicken up the transaction process,Reuters reported . Somkid Jiranuntarat,...

Blockchain Revolution Series

The Linux Foundation adds three new members to board of directors

Nov 03, 2016 09:44 am UTC| Digital Currency

The Linux Foundation, the nonprofit organization enabling mass innovation through open source, has announced the appointment of three leaders from the technology industry to its board of directors, who will bring a breadth...

Blockchain Revolution Series

Ripple’s CEO opts out to take up role of executive chairman, appoints new CEO

Nov 03, 2016 05:41 am UTC| Digital Currency

Financial settlement solutions provider Ripple announced that the companys chief executive officer Chris Larsen has decided to step down to take the role of executive chairman of Ripples board of directors and the company...

Blockchain Revolution Series

Airbitz and WINGS collaboration incorporates Edge Security into next-generation of DAO

Nov 02, 2016 11:57 am UTC| Digital Currency

Bitcoin wallet provider Airbitz announced its partnership with WINGS, a decentralized platform, to enable anew generation of decentralized autonomous organizations (DAOs) for bitcoin and other blockchains. The...

Blockchain Revolution Series

uPort to provide decentralized identity to SingularDTV ecosystem

Nov 02, 2016 10:24 am UTC| Digital Currency

SingularDTV (S-DTV), a first-of-its-kind blockchain entertainment studio, announced its plans with uPort, key management system built on the Ethereum blockchain, in order to deliver decentralized, self-sovereign identity...

Blockchain Revolution Series

Japan blockchain consortium adds 42 banks for domestic and cross-border payments

Nov 02, 2016 09:23 am UTC| Digital Currency

Japan-based financial service company SBI Holdings announced the official launch of The Japan Bank Consortium to Central Provide Domestic and Cross-border Payment along with the addition of 42 member banks including...

Blockchain Revolution Series

Blockchain Technologies Corp releases ‘VoteWatcher’ app for voters to report incidents at polls

Nov 02, 2016 07:28 am UTC| Digital Currency

Blockchain Technologies Corp. (BTC), a New York-based blockchain and cryptocurrency software technology company and startup accelerator, has released new web app VoteWatcher that allows voters to report suspicious behavior...

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Economy

Why China’s economy has hit a wall

Chinas annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to...

Vladimir Putin’s gold strategy explains why sanctions against Russia have failed

There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 in 2024. Nearly six per cent of Russias gross...

Mentorship is key to improving social and economic outcomes for Black youth

Black youth in Canada experience poorer educational achievement than other children and youth, which leads to subsequent poor economic outcomes. A series of problems and barriers contribute to poor educational outcomes....

There’s an extra $1 billion on the table for NT schools. This could change lives if spent well

The federal and Northern Territory governments have just made a historic funding announcement of about A$1 billion for schools in the territory. This includes an extra $737.7 million from the federal government and an...

Undersea cables for Africa’s internet retrace history and leave digital gaps as they connect continents

Large parts of west and central Africa, as well as some countries in the south of the continent, were left without internet services on 14 March because of failures on four of the fibre optic cables that run below the...

Politics

China's Commerce Minister to Advocate EV Sector in Europe Amid Subsidy, Tariff Probe

Chinas Commerce Minister Wang Wentao is set to visit Europe in April to address concerns and advocate for the Chinese electric vehicle (EV) industry amid a European Commission investigation into alleged unfair...

Chinese Hackers Target US Officials and Dissidents in Cyber Espionage Scheme

Seven nationals of the Peoples Republic of China (PRC) face charges for a long-term cyber espionage campaign targeting political dissidents and officials in the US, marking a significant escalation in international cyber...

SpaceX Builds Spy Satellites for US; Russia Warns of Military Response

Russia has issued a stark warning to the United States, stating that the use of SpaceXs satellites for espionage could render them targets for military action. This follows revelations that SpaceX is constructing a spy...

Deepfakes are still new, but 2024 could be the year they have an impact on elections

Disinformation caught many people off guard during the 2016 Brexit referendum and US presidential election. Since then, a mini-industry has developed to analyse and counter it. Yet despite that, we have entered 2024 a...

Science

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Our survey of the sky is uncovering the secrets of how planets are born

When we look out to the stars, it is typically not a yearning for the distant depths of outer space that drives us. When we are looking out there, we are truly looking back at ourselves. We try to understand our place in...

Archeoastronomy uses the rare times and places of previous total solar eclipses to help us measure history

Total solar eclipses have fascinated and terrified people for centuries. Today, we know that total solar eclipses like the upcoming eclipse on April 8 are caused by a cosmic coincidence when the moon comes between the...

Technology

Porsche Recalls 1,000 Taycan EVs Over Battery Issue

Porsche Cars North America Inc. released a recall notice for its Taycan electric car units. Based on the reports, the company issued the recall due to the risk of a short circuit caused by the battery. Porsche recalls...

Shiba Inu Community, Binance Stir Crypto World; Token Burns Fuel Market Surge

In a striking turn of events, the Shiba Inu community has reacted to Binances provocative statement declaring everyone an NFT amidst a significant uptick in SHIB token burns that spurred its market value. The meme coins...

Amazon One App Launches Palm-Scanning Sign Up; Palm Pay Available at Whole Foods, Panera

Amazon now allows users to set up palm recognition for seamless payments at Whole Foods, Panera, and other locations directly from their smartphones. Amazon One Expands with Mobile App for Easy Palm Recognition...

Crypto ATM Installations Set to Skyrocket, Driven by Bitcoin FOMO, CEO Predicts

As the crypto industry anticipates a surge in Bitcoin interest post-halving, Bitcoin Depot CEO Brandon Mintz predicts a significant resurgence in crypto ATM installations worldwide. This optimism follows a decline in 2023...
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