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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

Korean brokerage companies to offer blockchain-based joint authentication service

Jul 11, 2017 07:23 am UTC| Digital Currency

Brokerage companies in South Korea are planning to offer a blockchain-based joint authentication service in a move to further strengthen security. According to the report by Korean Herald, the blockchain pilot project...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain firm BTCS to invest in Initial Coin Offerings

Jul 11, 2017 07:20 am UTC| Digital Currency

BTCS, a U.S. public company focused on blockchain technologies, has announced its plans to participate in Initial Coin Offerings (ICOs) a fund raising mechanism that is quickly growing in popularity among startups and...

Blockchain Revolution Series

US Congress members, Senators, and companies to come together for Congressional Blockchain Education Day

Jul 11, 2017 06:43 am UTC| Digital Currency

The Chamber of Digital Commerce and the Congressional Blockchain Caucus are hosting Congressional Blockchain Education Day today, 11 July 2017. The event will bring together Chambers member companies, members of the...

Blockchain Revolution Series

UK blockchain startup Provenance secures $800k in seed funding

Jul 11, 2017 05:54 am UTC| Digital Currency

Provenance, a blockchain startup headquartered in London, has raised $800,000 in a new seed funding round, CoinDesk reported. The funding round drew support from Humanity United, a foundation backed by eBay founder...

Blockchain Revolution Series

Bank of England to build renewed RTGS service with blockchain compatibility

Jul 11, 2017 05:02 am UTC| Digital Currency

The Bank of England (BoE) recently released its blueprint for its new Real-Time Gross Settlement System (RTGS), which will aim to meet the challenges posed by the rapidly changing landscape. The next generation RTGS...

Blockchain Revolution Series

TigerRisk becomes first insurance advisor to join R3’s Centre of Excellence for DLT

Jul 11, 2017 03:44 am UTC| Digital Currency

Risk management and capital solutions company TigerRisk has become the first insurance advisor to join R3s Centre of Excellence for distributed ledger technology (DLT) in the global insurance and reinsurance...

Blockchain Revolution Series

ConsenSys announces Blockchain for Social Impact Coalition initiative

Jul 10, 2017 10:54 am UTC| Digital Currency

Blockchain venture platform ConsenSys has announced a new initiative that has been formed with the objective of leveraging the power of Ethereum blockchain for those in need. Called the Blockchain for Social Impact...

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Economy

US private sector output expands at the fastest rate in six months in July, suggests economy gaining momentum in Q3

US-based manufacturing firms remained in expansion mode in July, flash estimates released by IHS Markit showed on Monday. Overall business conditions improved at the fastest pace for four months, while private sector...

FxWirePro: Anchoring CNB hiking hopes, advancing forecasts and valuations stimulate EUR/CZK

On the back of formidable economic data and the improved outlook for both domestic and foreign demand, we have revised our calls on GDP dynamics, the labor market, CNB policy, and the financial markets. We now expect two...

U.S. Treasuries slump in silent trading; all eyes on FOMC policy meeting

The U.S. Treasuries slumped in silent trading and as investors remain cautious ahead of the 5-year auction, besides the Federal Open Market Committee (FOMC) monetary policy meeting, scheduled to be held on July 26. The...

UK gilts nearly flat ahead of Q2 GDP, BoE’s Haldane’s speech

The UK gilts traded nearly flat Tuesday as investors remain cautious ahead of the Bank of England (BoE) member Haldanes speech, scheduled today at 17:00GMT. The yield on the benchmark 10-year gilts, hovered around 1.19...

Eurozone periphery bonds mixed after benchmark German business conditions hit record high in July

The Eurozone periphery bonds remained mixed Tuesday after reading the surprise jump in the benchmark Germanys Business Climate Index, released today by the Munich-based institute Ifo. Also, the German and Eurozone consumer...

Politics

Law expert: where the Brexit battles over the Repeal Bill will be fought in parliament

The most important national law governing the Brexit process has been tabled before parliament by the UK government. The proposed European Union (Withdrawal) Bill previously known as the Great Repeal Bill is likely to...

Modi's polarising populism makes a fiction of a secular, democratic India

After Donald Trump was sworn in as US president, The Times of India published a piece titled Why both Modi and Trump are textbook populists. Citing Jan-Werner Mllers What is Populism?, the journalist, Amit Varma, was...

Politicians jeopardise the safety of whistleblowers with bad technology

The Western Australian Liberal Party has created a website, www.wawhistleblowers.com, encouraging whistleblowers to report on WA public officers, government ministers and members of parliament. The site has already been...

Malawi set out to give students skills to support democracy. But it's not been easy

Like many other countries, Malawi was caught in the wave of democratic change that swept sub-Saharan Africa in the early 1990s. The wave was triggered by the fall of communism along with military and civilian dictatorships...

US under Trump Series: Donald Trump Jr. may be called to testify before Senate over his meeting with Russian lawyer

President Trump eldest son Donald Trump Jr. might be called upon by the Senate Intelligence Committee to question about a meeting that took place in June 2016 at the Trump Tower between Trump Jr., President Trumps...

Science

NASA Is Launching A Nationwide Solar Eclipse Watch Project, Participate For Science

On August 21st, a solar eclipse that will completely blot out the sun was announced to happen by NASA. In an attempt to gather as much data about the celestial event as possible, the space agency is asking every single...

Scientists Create Material 5x Stronger Than Steel And Soft As Rubber

Researchers in Japan recently succeeded in creating a soft and flexible material that is five times stronger than steel but feels like rubber. Such a material could have numerous applications including the development of...

Humans Are Only Using 25% Of Their DNA, Study Says

Remember that popular misconception that humans only use about 10 percent of their brains power at any given time? It looks like something similar is about to start circulating the web with a new study indicating humans...

Scientists Create Super Spinach That Can Function As Bomb Detector

For the most part, the leafy green spinach has only ever been super in the animated classic Popeye the Sailor Man when the quirky main character would down a whole can of the leaves to gain strength. Recently, scientists...

The Most Advanced Artificial Heart Can Perform As Well As A Real One

Scientists have been trying to create artificial versions of human organs for decades, be it the liver, skin, eyes, and above all, the heart. These efforts are aimed at solving one of the biggest challenges in the medical...

Technology

Intel Throws Weight In Apple’s Corner Against Qualcomm In Huge Lawsuit

It would seem that the number of major brands that Qualcomm has to contend with in the lawsuit it has against Apple is growing. After the iPhone makers suppliers started backing their partner, even Google and Samsung have...

Why Swiping Up Using An iPhone Is A Bad Idea And Why Updating The iOS Is A Good Idea

Even though its the premier smartphone brand that Americans prefer, there are still plenty of misconceptions when it comes to the iPhone that a lot of users have. For example, in order to save on battery life, some...

Facebook Could Be Making A Modular Phone In Bid To Be Tech King

Its long been known that Facebooks ultimate goal is to take over the lives of every single person in the world by carving out a slice in every single industry. The social media platform has already done this by being...

Razer Could Get $5 Billion IPO Valuation And Make A Gamer-Specific Smartphone

The PC gaming hardware giant Razer is reportedly ready to go for an initial public offering, which could be worth $5 billion. The site for the IPO is apparently Hong Kong and achieving such an amount is also apparently...

Verizon Is Already Throttling YouTube And Netflix, Net Neutrality Is Dying

One of the biggest points of reassurance that FCC head Ajit Pai is trying to sell in dismantling Net Neutrality involves asking users to trust ISPs not abusing their power. According to him, carriers will not be throttling...
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July 25 19:00 UTC Released

AREconomic Activity YY*

Actual

3.3 %

Forecast

3.1 %

Previous

0.6 %

July 25 14:00 UTC Released

USConsumer Confidence

Actual

121.1 %

Forecast

116.5 %

Previous

118.9 %

July 26 00:00 UTC 192192m

BRSelic Interest Rate*

Actual

Forecast

Previous

10.25 %

July 26 00:00 UTC 192192m

BRSelic Interest Rate*

Actual

Forecast

9.25 %

Previous

10.25 %

July 26 01:30 UTC 282282m

AUCaseShiller 20 MM NSA

Actual

Forecast

0.4 %

Previous

0.5 %

July 26 01:30 UTC 282282m

AUCaseShiller 20 YY

Actual

Forecast

2.2 %

Previous

2.1 %

July 26 01:30 UTC 282282m

AUConsumer Confidence

Actual

Forecast

0.5 %

Previous

0.4 %

July 26 01:30 UTC 282282m

AURich Fed Comp. Index*

Actual

Forecast

1.7 %

Previous

1.7 %

July 26 01:30 UTC 282282m

AURich Fed, Services Index*

Actual

Forecast

0.5 %

Previous

0.5 %

July 26 01:30 UTC 282282m

AURich Fed Mfg Shipments*

Actual

Forecast

1.8 %

Previous

1.9 %

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