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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

Couple uses bitcoin blockchain to ‘immortalize’ their love

Jun 15, 2016 11:22 am UTC| Digital Currency

A couple recently posted a question on the blockchain in order to immortalize their love with as the information recorded on the blockchain is permanent. An individual named Sun Chun Yu popped a question a couple of...

Blockchain Revolution Series

Tymlez, BigchainDB partner to bring blockchain applications to enterprises

Jun 15, 2016 10:22 am UTC| Digital Currency

Tymlez, the developer of highly scalable enterprise ready applications, has entered into a strategic partnership with BigchainDB, a scalable blockchain database, in order to build scalable and enterprise grade applications...

Blockchain Revolution Series

Data veteran joins blockchain startup Brave New Coin

Jun 15, 2016 08:55 am UTC| Digital Currency

Rory Manchee, data and information executive has joined Melbourne-based blockchain technology vendor Brave New Coin (BNC) as the new head of business development. Manchee was previously at SP Capital IQ where he was a...

Blockchain Revolution Series

Ethereum-focused media and community site goes live

Jun 15, 2016 08:54 am UTC| Digital Currency

Ethereum has become quite popular in recent months, with many believing that it will take the blockchain to the next level of usability. In order to bridge the gap between the developers and the mainstream world,...

Blockchain Revolution Series

Blockchain industry representatives meet to advocate Senate bill in North Carolina

Jun 15, 2016 06:55 am UTC| Digital Currency

North Carolina Senate Finance Committee meeting held on Tuesday supported a blockchain-friendly Senate Bill 680 sponsored by Senator Rick Gunn. The meeting saw representatives from blockchain industry and the center of...

Blockchain Revolution Series

German insurer tests blockchain technology for catastrophe bond trading

Jun 15, 2016 05:45 am UTC| Digital Currency

Allianz, an international insurer based in Europe, joined forces with Nephila Capital, a Bermuda-based investment manager, to test blockchain technology in a natural catastrophe swap transaction. According to Reuters,...

Blockchain Revolution Series

LME explores potential blockchain applications

Jun 14, 2016 12:35 pm UTC| Digital Currency

London Metal Exchange (LME) said on Tuesday that it is exploring possible use cases of blockchain technology, during an industry event in Hong Kong. Accordingto Reuters, LMEchief executive Garry Jones said that they are...

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Economy

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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

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...

Technology

LG Uplus, Kakao Mobility EV Charging Joint Venture Approved by the FTC

LG Uplus and Kakao Mobilitys joint venture to operate electric vehicle charging stations has been approved by the Fair Trade Commission. The antitrust regulator approved the JV on Monday, April 29. FTCs Crucial...

KT Innovates Media, Content Business Through AI

KT Group is transforming its media and content business through artificial intelligence (AI). The company is innovating the mentioned units as part of its acceleration strategy. According to Yonhap News Agency, KT said...

Musk Engages China: Baidu’s Data Deal and High-Stakes Hotel Meet with CATL

Tesla CEO Elon Musk is making headlines with a double play in China: securing critical navigation data from Baidu and engaging in strategic talks with CATL. These moves underline Teslas push to lead in global tech and...

Elon Musk Injects $10 Billion Into Tesla AI, Eyes Autonomous Robotaxi

Elon Musk has declared a monumental $10 billion investment in Teslas artificial intelligence, setting the stage for advanced autonomous driving and a potential Robotaxi service. Tesla to Invest $10 Billion in AI for...

OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze

Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to...