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Blockchain Revolution Series

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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

Government of Moscow to explore various blockchain use-cases

Aug 25, 2016 06:40 am UTC| Digital Currency

According to latest reports, government officials in Moscow have expressed their willingness to explore the applications of blockchain technology that underpins digital currency bitcoin. Gazeta.ru reported that Deputy...

Blockchain Revolution Series

R3 files patent for its distributed ledger technology; releases non-technical whitepaper on Corda

Aug 25, 2016 05:36 am UTC| Digital Currency

Financial innovation firm R3 CEV that is leading a blockchain consortium of over 60 banks has filed for a patent on Tuesday covering software behind the new project Concord, The Wall Street Journal reported. Project...

Blockchain Revolution Series

Chronicled launches blockchain-based open registry for IoT

Aug 24, 2016 13:12 pm UTC| Digital Currency

San Francisco-based technology company Chronicled announced that it has launched first-of-its-kind open registry for Internet of Things on Ethereum blockchain. According to the release, the launch signals a major step...

Blockchain Revolution Series

Verizon files for blockchain patent for digital media rights

Aug 24, 2016 12:22 pm UTC| Digital Currency

Verizon Communications, the largest telecommunications firm, has announced that it has filed a blockchain patent for its digital media rights following three years of investigative research. According to reports by...

Blockchain Revolution Series

Gathering to explore possible governing organizations to boost blockchain progress

Aug 24, 2016 06:02 am UTC| Digital Currency

Supporters of the blockchain technology including representatives from IBM, the Linux Foundation, Hyperledger and JPMorgan will gather today to work on the absence of grown-up governance that stands as the biggest issue...

Initial Coin Offering Series

Blockchain Revolution Series

BlockPay raises over 300 BTC within hours of Pre-ICO launch, public ICO set for early 2017

Aug 24, 2016 04:51 am UTC| Digital Currency

BlockPay, a blockchain based fintech startup, began its pre-ICO on Tuesday, August 23, 2016, and has raised over 300 BTC within hours of the campaign going live. The crowdfunding process is being facilitated by...

Blockchain Revolution Series

TAO Network and Boogie Shack Music Group partner to offer blockchain solution for music industry

Aug 23, 2016 06:58 am UTC| Digital Currency

TAO Network, the smart contract DAO platform for creating and operating decentralized applications, has announced its partnership with Boogie Shack Music Group to develop blockchain-based tools and services for the music...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

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...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

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...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

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...

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...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

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,...

Technology

Kia Drops Images of Its New All-Electric EV3 Model Ahead of Release

Kia Motors announced that its latest electric car model called the EV3, is finally coming to the market this month. Ahead of the release, the South Korean automaker dropped images of the anticipated new EV to tease...

Switch Successor Announcement Expected Before Next April, Nintendo States

Nintendo has stated that it will officially introduce the Switch replacement system within this fiscal year before March 31, 2025. Upcoming Nintendo Direct Focuses on Current Switch Games Nintendo president Shuntaro...

Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion

Marathon Digital, a leading Bitcoin miner, is set to join the SP SmallCap 600, propelling its shares up by 18%. Announced to replace Aaon in the index on May 8, the move reflects Marathons growing influence in the...

Bitcoin Hits New Highs, 200-Day Moving Average Reaches Record $50,178

Bitcoins 200-day moving average has surged to a record $50,178, marking a historic peak for the cryptocurrency. According to Anthony Pompliano and recent market data, Bitcoin is as strong as ever, maintaining a bullish...

Rivian Eyes Apple Partnership After Landing $1.5M per Job Government Boost

In a striking turnaround from its near-collapse, Rivian Automotive is now in discussions for a potential partnership with Apple. This comes after securing a whopping $1.5 million per job created in government incentives,...