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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

KodakOne could be the start of a new kind of intellectual property

Jan 12, 2018 05:57 am UTC| Insights & Views Technology

Its easy to be a bit amused about Kodaks new blockchain and cryptocurrency, the KodakOne. The old photography company is the classic case of a firm that failed to keep up with technological change. But now Kodak is...

Blockchain Revolution Series

Could the blockchain be the salvation of the pharmaceutical industry?

Jan 12, 2018 05:39 am UTC| Insights & Views Technology

Currently 53% of the population doesnt trust the pharmaceutical industry. Most of this mistrust is caused by the numerous scandals that have hit the industry in recent years, often related to controversial clinical-trial...

Blockchain Revolution Series

MoneyGram delves into blockchain, to trial Ripple’s XRP in payment flows

Jan 12, 2018 04:33 am UTC| Digital Currency

Money transfer giant MoneyGram has partnered with blockchain startup Ripple in its efforts to understand how blockchain technology and XRP can improve the efficiency of its global treasury operations and consumer...

Blockchain Revolution Series

SETL’s blockchain fund record-keeping platform ‘IZNES’ goes live

Jan 12, 2018 03:49 am UTC| Digital Currency

London-based blockchain startup SETL has announced that IZNES, the blockchain-based pan-European record-keeping platform for funds, has started processing live transactions. SETL and four asset management firms OFI AM,...

Blockchain Revolution Series

German firm JDC Group launches blockchain lab

Jan 11, 2018 11:00 am UTC| Digital Currency

JDC Group, a Germany-based financial services company, has announced the launch of its blockchain lab, as it advances in its digitisation strategy. JDC aims to explore the utilization and application of blockchain...

Blockchain Revolution Series

BNP Paribas Asset Management trials blockchain for end-to-end fund transaction

Jan 11, 2018 05:33 am UTC| Digital Currency

BNP Paribas Asset Management has announced that it has successfully conducted a blockchain trial on complete end-to-end fund transaction in late 2017. According to the official release, the test was conducted by...

Blockchain Revolution Series

US SEC suspends stock trading of UBI Blockchain Internet

Jan 11, 2018 03:50 am UTC| Digital Currency

The U.S. Securities and Exchange Commission (SEC) has temporarily suspended trading of UBI Blockchain Internet stock. Hong Kong-based UBI Blockchain Internet offers research and application in the blockchain technology...

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Economy

BoJ likely to maintain 'QQE with yield curve control' policy unchanged at upcoming monetary policy meeting, says Danske Bank

The Bank of Japan (BoJ) is expected to maintain its QQE with yield curve control policy unchanged at the next monetary policy meeting ending on Tuesday, January 23. Governor Kuroda is further, likely to downplay the...

New Zealand bonds plunge at close tracking U.S. Treasuries; eyes on Q4 consumer inflation data

New Zealand government bonds plunged at the time of closing Friday, tracking a fall in U.S. Treasuries as well, on news of a plausible re-shuffling in the United States Federal Reserve. At the time of closing, the yield...

JGBs flat in muted trading session ahead of BoJ’s policy meeting early next week

Japanese government bonds remained flat in muted trading session Friday as investors are curiously eyeing the Bank of Japans (BoJ) monetary policy decision, scheduled to be held early next week for further detailed insight...

Australia 10-year bond yield reaches near 4-month high tracking U.S. counterpart on possibility of Fed re-shuffle, global sell-off

Australian 10-year government bond yields hit a near 4-month high on the last trading day of the week, tracking similar sound in the U.S. counterpart, following a possibility of a re-shuffling in the United States Federal...

U.S. Treasuries suffer ahead of initial jobless claims, 10-year TIPS auction

The U.S. Treasuries continued to be beaten Thursday as investors look forward to the countrys weekly initial jobless claims, scheduled to be released today by 13:30GMT, followed by the Philly Fed Manufacturing index, due...

Politics

GOP tax plan doubles down on policies that are crushing the middle class

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

What does Ramaphosa's victory mean for South Africa's economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africas governing party, the African National Congress (ANC). This positions him to become the countrys president in 2019. Sibonelo...

Cyril Ramaphosa prepares to confront South Africa's bleak future

Among all the remarkable turns in African politics this year, one of the most momentous was Decembers ANC party congress in South Africa, where the party chose a new president: Cyril Ramaphosa, who narrowly bested...

Is the British monarchy actually adapting to changing social norms?

Is the royal marriage story were being sold really a fairy tale come true? Or is it a story spun by Buckingham Palace for its own self-interest, one shrouded in myth and make-believe? In the coverage of next summers...

Politics won out over international law in recent UN elections

For the first time in the courts history, the UK will not have a judge sitting at the International Court of Justice (ICJ). Christopher Greenwood, who was seeking a second nine-year term, pulled out of the race on November...

Science

Urban Farming Could Be Humanity’s Best Hope To Solve Deforestation And World Hunger

World hunger and global deforestation are two of the biggest problems assaulting humanity right now. Sure, theres also climate change, but it can almost be considered an umbrella under which all of the global threats from...

Automation Takes Over Stem Cell Manufacturing Too, FDA Approves

When discussing stem cell research, most people would likely bring up scientists harvesting stem cells from living tissue. While this is certainly true, there is now a new method that would allow researchers to manufacture...

Popular Pain Medication Ibuprofen Could Lead To Male Infertility, Study Says

Ibuprofen is one the most well-known pain medications in the West, taken by millions of people every day. Its a particular favorite of many athletes who suffer from muscle soreness and joint pains. According to a recent...

Scientists 3D-Print Living Tissue That Form Shapes, Pointless Or Gateway To Westworld?

Synthetic tissue has been a huge source of excitement in the scientific community for years, especially after 3D-printing technology really took off. Recently, scientists reveal that they were able to create shapes with...

Climate Change Impact Will Include More Asylum Seekers In Cooler Countries, Study Says

The impact that climate change can have is nearly universal. It pervades every aspect of human and animal life, making the planet uninhabitable by the day. One of the most alarming results of the increasingly hostile...

Technology

Apple Employees Get $2,500 Bonuses In Celebration Of Major Tax Cut

Apple might be a little late to the celebration game, but it will reportedly be giving employees $2,500 in bonuses to celebrate the recently passed tax cut bill. These bonuses will supposedly come in restricted stock units...

iPhone Users Beware, New iMessage ‘Text Bug’ Is Freezing Devices

A new bug that targets the iMessage feature on iPhones called chaiOS is currently floating around. Users who receive a message containing this bug are warned not to open it because it will cause their devices to crash....

Apple To Pay $38 Billion In Tax For Plans To Bring Home Its Billions From Overseas

Apple recently announced that it would be bringing home the bulk of its overseas funds, which happens to be the largest of any U.S. company. This would involve paying $38 billion in taxes, but it seems the company doesnt...

Apple Is Hiring For Work-From-Home Jobs Positions

Job hunters might want to perk up and pay attention. Apple is currently looking for new employees for both full-time and part-time positions that would allow them to work from home. Officially called At Home Advisors, the...

China Adds To Apple iPhone Slowdown Woes, Wants Answers

Yet another consumer group from a major smartphone market is looking for answers from Apple with regards to the issue of slowing down older iPhones. The Shanghai Consumer Council sent the Cupertino firm a letter, asking...
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January 19 15:30 UTC Released

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