Menu

Search

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

Blockchain might impact Irish business: Deloitte report claims

Jun 03, 2016 07:24 am UTC| Digital Currency

Deloittes Innovating in the Digital Era report mentioned that blockchain along with virtual and augmented reality, are among the technologies that will impact the Irish business. The theme of the report which was...

Blockchain Revolution Series

The DAO to review blockchain-based gaming platform Peerplays’ proposal

Jun 03, 2016 07:09 am UTC| Digital Currency

The Decentralized Autonomous Organization (The DAO) is going to start reviewing and voting on proposals this week to fund a new generation of blockchain technologies, adding that Peerplays is next in line for...

Blockchain Revolution Series

Blockchain should be examined further, says EU watchdog’s discussion paper

Jun 03, 2016 06:32 am UTC| Digital Currency

The European Unions markets watchdog has released a discussion paper on June 2, 2016 on blockchains and distributed a ledger which is aimed in developing policy positions on the technologies. The European Securities and...

Blockchain Revolution Series

Infosys’ EdgeVerve Systems in talks with banks for blockchain adoption

Jun 03, 2016 05:14 am UTC| Digital Currency

Infosys EdgeVerve Systems which is a product subsidiary of Infosys that offers the Infosys Finacle universal banking solution suite said on Thursday that it is in initial talks with banks to adopt the blockchain...

Blockchain Revolution Series

Abu Dhabi regulators propose regulatory framework to support blockchain and fintech startups

Jun 02, 2016 12:24 pm UTC| Digital Currency

Abu Dhabis independent regulatory authority comes up with a regulatory framework to support participants deploying innovative technology within the financial services sector. The framework will promote the development...

Blockchain Revolution Series

Business magnate Richard Branson Island to host second annual blockchain summit

Jun 02, 2016 10:30 am UTC| Digital Currency

Business magnet Richard Branson is set to host another blockchain-focused gathering at his private island in the Caribbean which will be conducted by bitcoin mining firm BitFury and event group Mai Tai. The event is...

Blockchain Revolution Series

Asian Life Insurance firm AIA joins R3 blockchain consortium

Jun 02, 2016 10:18 am UTC| Digital Currency

According to latest report from Profit Loss, AIA Group, an Asian life insurance company, has joinedthe global blockchain consortium led by innovation firm R3 that aims to design and deliver advanced distributed/shared...

  391 392 393 394 395 396 397 398 399 400   

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

Shiba Inu Community and 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...

Ford Motor Slashes F-150 Lightning Workers as EV Sales Slow

Ford Motor Company is trimming down its workforce at its Michigan production plant for F-150 Lightning pick-up trucks. The automaker cited slow EV sales as the reason for the move. Ford Motor will slash two-thirds or...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.