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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

IBM opens Watson Centre to drive development and commercialization of AI and blockchain technologies

Jun 10, 2016 05:31 am UTC| Digital Currency

IBM has opened an incubator which will bring together different businesses, organizations and nearly 5,000 IBM cognitive solutions professionals in the Asia Pacific region to co-create business solutions that leverage IBMs...

Blockchain Revolution Series

Dubai telecom ‘Du’ brings blockchain technology to healthcare

Jun 10, 2016 05:24 am UTC| Digital Currency

Dubai-based telecom company Du has collaborated with Dubais Global Blockchain Council (GBC) to test blockchain technology and its applications in identity and authentification systems. Both the firms are experimenting...

Blockchain Revolution Series

Hong Kong based ASTRI to work on blockchain-based white paper

Jun 09, 2016 13:11 pm UTC| Digital Currency

Hong Kong-based Applied Science and Technology Research Institute (ASTRI) will prepare white paper on the blockchain technology for the country. ASTRI will be working on a paper at EmTech Hong Kong which is MIT...

Blockchain Revolution Series

Blockchain could ensure proper implementation of AML/KYC rules; says Hong Kong regulator

Jun 09, 2016 12:42 pm UTC| Digital Currency

TheHong Kong Securities and Futures Commission has come out in support for blockchain technology, saying that the technology has the potential to ensure proper implementation of Anti-Money Laundering and Know Your Customer...

Blockchain Revolution Series

WSTA, EY to co-host blockchain-focused panel discussion

Jun 09, 2016 12:00 pm UTC| Digital Currency

The Wall Street Technology Association (WSTA) and Ernst Young (EY) are going to host a panel discussion onBlockchain Technology: Distributed Infrastructure and the Distribution of Financeon June 21st, in New York...

Blockchain Revolution Series

New slide deck outlines blockchain potential for financial sector

Jun 09, 2016 10:08 am UTC| Digital Currency

FinTech Network, in association with the Blockchain for Finance Conference on October 3rd in London, has released a slide deck, which outlines the current state of blockchain development as well as the opportunities and...

Blockchain Revolution Series

SA Innovation Summit partners with insurance service firm for blockchain hackathon

Jun 09, 2016 09:11 am UTC| Digital Currency

SA Innovation Summit which is South Africas premier global innovation event partners with insurance service company Santam for blockchain hackathon which is to take place from 23-24 September 2016. The hackathon will...

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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

Ethereum Whales Sell Off 56K Coins, Fueling Fears of Further Price Drops

Whales have shaken the Ethereum market by dumping 56,000 coins, leading to widespread speculation about further price corrections amid the crypto markets broader instability. Impact of Whale Transactions on...

Shiba Inu Faces New Correction, Dips Below Key Support Levels

Shiba Inu (SHIB), the popular meme cryptocurrency, has initiated another correction phase. It dropped below the crucial 26-day EMA and edged towards significant support levels. This downturn reflects a broader hesitance in...

MetaComp and Harvest Global Launch Innovative Bitcoin Spot ETFs in Singapore

In a significant move to expand global investment options, Singapore-based fintech MetaComp has teamed up with Harvest Global Investments to launch innovative bitcoin spot ETFs. This collaboration integrates advanced...

Dogwifhat's Surge on Solana Network Ignites Crypto Market Buzz

Dogwifhat, a meme coin built on the Solana blockchain, has shown a remarkable recovery, catching the eye of investors after its recent listing on Bybit led to a notable price increase. This development comes amidst a...
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