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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

Latin American Bank Itaú Latest To Join R3 Blockchain Consortium

Apr 26, 2016 05:52 am UTC| Digital Currency

Itaú, a Brazil-based private sector bank, has announced that it has signed a partnership agreement with the international innovation firm R3 for developing solutions from Blockchain-based distributed ledger...

Blockchain Revolution Series

ECB Paper: Distributed Ledger Technologies Could Make Post-Trade Processes More Efficient

Apr 26, 2016 04:50 am UTC| Digital Currency

The European Central Bank (ECB) has recently published a paper that analyses the key attributes of distributed ledger technologies (DLTs) that could influence their potential adoption by financial institutions and...

Blockchain Revolution Series

US DARPA Interested In Blockchain Based Messaging Platform For Department Of Defense

Apr 25, 2016 07:32 am UTC| Digital Currency

A recent advertisement by the United States Defense Advanced Research Projects Agency (DARPA) has revealed that it is seeking a company to assist it in developing a secure messaging app using distributed ledger technology...

Blockchain Revolution Series

Decentralized Startup Lisk To Launch Its Platform On May 24

Apr 25, 2016 06:49 am UTC| Digital Currency

Lisk, a decentralized applications and custom blockchain platform,today announced that it will be officially released on May 24, 2016. Max Kordek, CEO of Lisk, made the announcement in a blog post. Initially, the...

Blockchain Revolution Series

Ethcore Raises Funding From Blockchain Capital And Fenbushi Capital

Apr 25, 2016 04:44 am UTC| Digital Currency

Ethcore, an Ethereum-based startup, has raised $750,000 in a preliminary, pre-seed funding round led by venture capital firms Blockchain Capitaland Fenbushi Capital, Bitcoin Magazine reported. Ethcore is a new venture...

Blockchain Revolution Series

Russian MP Supports Creation Of Blockchain Consortium Similar To R3

Apr 22, 2016 07:11 am UTC| Digital Currency

According to a latest report fromCity News Agency Moskva, Russian Deputy Chairman of the State Duma Committee for Security and Anti-Corruption Andrey Lugovoy supports the establishment of a consortium for the development...

Blockchain Revolution Series

China Forms Blockchain-based Coalition ‘ChinaLedger Union’

Apr 22, 2016 06:29 am UTC| Digital Currency

According to a latest report from Chaindb.com, China has recently organised and announced the establishment of a distributed ledger based coalition agreement in Beijing, referred to as the ChinaLedger Union. Blockchain...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

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...

Technology

Huawei Unveils Pura 70 Series to Rival Apple's Dominance in China's Smartphone Arena

Huawei Technologies Co., Ltd. rolled out a new line of advanced smartphones on Thursday, April 18. The company is starting to sell the new Pura 70 smartphone series to continue its resurgence in the Chinese market and step...

Shiba Inu Faces Downtrend, XRP Undervalued, Ethereum Eyes Market Comeback

Amidst fluctuating crypto markets, Shiba Inu signals a potential downtrend, XRP appears undervalued, and Ethereum might be gearing up for a market resurgence, suggesting a mixed outlook for these major...

Senators Push for Stablecoin Regulation to Protect US Dollar Dominance

U.S. Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act. This legislation establishes stringent guidelines for stablecoin issuers to enhance consumer protection and...

Tesla's Flood Resilience Tested by Dubai's Historic Rainfall

As Dubai experienced its heaviest rainfall in 75 years, Tesla vehicles were spotted expertly maneuvering through the citys severely flooded streets. Social media footage shows these electric vehicles crossing water-logged...

Volkswagen Unveils New EV Platform in China to Cut Costs, Challenge BYD

In a strategic move to undercut rivals and boost market share, Volkswagen announced a new cost-effective EV platform in China, developed in partnership with XPeng, to launch in 2026. Volkswagen Partners with XPeng to...