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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

BCCC: Microsoft Japan, ConsenSys And Others Establish Japan’s First Blockchain Consortium

Apr 27, 2016 09:07 am UTC| Digital Currency

Japans first blockchain industry organization, Blockchain Collaborative Consortium (BCCC), has been established. 34 companies that research, develop and deploy blockchain technology have come together to establish the...

Blockchain Revolution Series

UK Government Exploring Potential Blockchain Use Cases To Transform Its Operations

Apr 27, 2016 06:32 am UTC| Digital Currency

Minister for Cabinet Office Matt Hancock recently gave a speech on the potential of blockchain technology to transform the way the UK government works. Hancock said that government cannot bury its head in the sand and...

Blockchain Revolution Series

Gem Partners With Philips’ Blockchain Lab For Healthcare Initiative ‘Gem Health’

Apr 27, 2016 05:16 am UTC| Digital Currency

Gem, a Venice-based blockchain platform provider, has launched Gem Health a network for developing applications and shared infrastructure for healthcare. Gem noted that the healthcare industry is currently experiencing...

Blockchain Revolution Series

Global Blockchain Project Fermat Releases Whitepaper And Alpha Version

Apr 27, 2016 04:25 am UTC| Digital Currency

Fermat, a decentralized and blockchain-enabled modular app platform, has published its whitepaper that describes the project that aims to revolutionize peer-to-peer economy and mobile software development. Started in...

Blockchain Revolution Series

Blockchain Experiments Begin At European Central Bank

Apr 26, 2016 10:46 am UTC| Digital Currency

The buzz around blockchain and distributed ledger technologies seen for the most part of 2015 has led to the creation of various consortiums and collaborations. Since the beginning of this year, the discussions in this...

Blockchain Revolution Series

Rabobank Partners With Nexuslab To Support Blockchain Startups Across Europe

Apr 26, 2016 07:33 am UTC| Digital Currency

Swiss-based blockchain startup programme Nexuslab has announced that it has entered into a partnership with the Dutch bank, Rabobank. Rabobank will support the first round of Nexuslabs programme focusing on early-stage...

Blockchain Revolution Series

Blockchain Startup Ribbit.me Rebrands As Loyyal

Apr 26, 2016 07:22 am UTC| Digital Currency

In a major overhaul, Ribbit.me, a universal loyalty solution built on blockchain technology, has announced that it is rebranding as Loyyal, in a bid to better reflect the underlying industry and the companys business...

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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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

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...

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,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

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...

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

Intel, Naver, and KAIST to Jointly Open an AI R&D in South Korea

Intel Corporation, Naver Corp., and the Korea Advanced Institute of Science and Technology (KAIST) have partnered to open a new artificial intelligence center in South Korea. KAIST said on Tuesday, April 30, that they will...

Tesla Faces Stiff Competition in China’s Self-Driving Race

Teslas ambition to dominate Chinas self-driving market faces significant challenges as local rivals like BYD and Huawei rapidly advance in autonomous technology. During his recent visit to Beijing, Elon Musk discussed...

Shiba Inu Price Forecast: Historical Data Predicts May Movement

As April ends, the Shiba Inu cryptocurrency faces crucial market trends, with historical data indicating a possible continuation of its recent price declines into May. Past performance suggests a trend of downturns during...

Google Cuts Jobs in Key Programming Teams Before Developer Conference

Google LLC is laying off staff at its Dart, Flutter, and Python programming teams. Their termination was announced just weeks before the company developer conference, which will be held on May 15. Money Control reported...

MicroStrategy Acquires 122 More Bitcoins, Total Holdings Soar to 214,400 BTC

In a bold move underscoring its commitment to digital currency, MicroStrategy announced the acquisition of an additional 122 bitcoins this April, taking its total holdings to 214,400 BTC. This acquisition, valued at...