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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

PSBC, IBM collaborate to build blockchain-based asset custody system

Jan 11, 2017 05:19 am UTC| Digital Currency

Postal Savings Bank ofChina(PSBC) has announced that it worked with IBM to develop an asset custody system built on the Hyperledger Fabric. According to the official release, the bank has successfully executed over 100...

Blockchain Revolution Series

Chinas PSBC announces first blockchain financial service for real-time information sharing

Jan 10, 2017 11:58 am UTC| Digital Currency

Postal Savings Bank of China (PSBC), the countrys commercial retail bank, announced that it is exploring the usage of theblockchain, becoming the first Chinese bank to use the technology, Xinhua reported. According to...

Blockchain Revolution Series

South Korea to launch full-scale blockchain pilot project this year

Jan 10, 2017 07:37 am UTC| Digital Currency

The financial authorities of South Korean have announced during a fintech meeting that it will launch a full-scale pilot project on blockchain-powered financial services this year, Korea Herald reported. According to...

Blockchain Revolution Series

Indian Axis Bank ties up with Ripple to apply blockchain to cross-border remittances

Jan 10, 2017 04:39 am UTC| Digital Currency

Indian private banking company Axis Bank has announced that it will leverage blockchain solutions for its operations, becoming the third lender in the country to use the technology, after ICICI Bank and Yes Bank, The...

Blockchain Revolution Series

DTCC picks IBM, Axoni and R3 to develop blockchain solution for derivatives processing

Jan 10, 2017 04:11 am UTC| Digital Currency

The Depository Trust Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade...

Blockchain Revolution Series

China looks set to continue to dominate global fintech industry – Report

Jan 09, 2017 10:06 am UTC| Fintech

A collaborative report from DBS and EY has highlighted Chinas unique, dynamic and rapidly evolving FinTech ecosystem, while examining the key drivers behind the explosive growth of FinTech sector in the country. The...

Blockchain Revolution Series

IDRBT outlines prospective roadmap for blockchain adoption in banking and finance in India

Jan 09, 2017 07:24 am UTC| Fintech

Institute for Development and Research in Banking Technology (IDRBT), an arm of the Reserve Bank of India (RBI), recently revealed that it organized a workshop on blockchain technology aiming to prepare a white paper on...

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Economy

Brexit to have little impact on eurozone growth prospects in 2017 - Schaeuble

German Finance Minister, Schaeuble, speaking on the German growth prospects and on Brexit at the World Economic Forum (WEF) in Davos said that Brexit is likely to have little impact on eurozone growth prospects in...

Too early to discuss ECB tapering, says Benoit Coeure

The European Central Banks executive board member Benoit Coeure speaking on the central banks monetary policy programme at Davos told CNBC that ultra-loose monetary policies will not last forever. However, he added that it...

Chart of the Day: Shrinking margins

This interesting chart, shared by Soberlook.com shows the difference between the input and output components of producer price index (PPI) for the United Kingdom. The recent drop in the pound has accelerated the input...

Steven Mnuchin supports strong dollar

Steven Mnuchin, a former Goldman Sachs banker and the 45th President of the United States pick as the treasury secretary asserted in his support for a stronger dollar at the Senate confirmation hearing, which is striking...

China’s capital outflows mean tweaking of controls

There was further confirmation from SAFE yesterday that the Chinese authorities will continue to tweak the current system of capital controls to discourage and prevent capital outflows intensifying even further. The recent...

Politics

How progressives can still make change in the age of Trump

Things are not looking good for American progressives. President-elect Donald Trump is poised to put in place many regressive policies in his quest to make America great again that are fundamentally at odds with what...

When politicians become pundits

Former prime minister Tony Abbotts weekend column in The Australian was a good example of professional politicians intervening in the public debate through guest punditry. Abbott has a journalistic background, and is...

Scottish media is in dire straits – it's why alternatives like Bella Caledonia are vital

As the Scottish independence movement contemplates a possible second referendum, it has been rocked by news that an online magazine that established a significant voice in the first vote could close. Bella Caledonia is...

What does Trumps election mean for digital freedom of speech?

As the shock of Donald Trumps election victory is giving way to analysis about how his presidency will affect Americans lives, our digital freedom of speech deserves special consideration. The ability to express ourselves...

Plough on or change to win? Theresa Mays progressive dilemma

Modern British history tells us that when a government minister becomes prime minister between elections, rather than by winning one, they confront a strategic political and ideological balancing act. They must...

Science

Bee Makes Endangered Species List, Scientific Community Alarmed

Bees are often considered the single most important pollinators in the natural world, helping to spread life all across the land by coming in contact with pollens and spreading them everywhere. Now, one species of these...

Scientists Create Li-Ion Batteries With Built-In Fire Extinguishers

Following the wake of widely covered incidents involving exploding lithium-ion batteries in products like the infamous hoverboard and the unfortunate Samsung Galaxy Note 7, the fire hazard posed by the power source has...

Astronomers spot strange, bow-like structure in Venus' atmosphere

Venus is known both as the planet of love and the Earths evil twin. And although research suggests its environment is more hellish than romantic, theres actually a lot we dont know about our celestial neighbour. Now...

Menopause Reversing Treatment To Start Clinical Trials

A lot of things in life are thought to be irreversible and menopause has been one of the most devastating for a lot of women. Now, a new treatment that is meant to reverse menopause is about to go on clinical...

How old is our moon?

Most scientists agree that the Earth has pretty much always had its moon. Details of the moons composition (in particular the isotopic mixture of heavier and lighter versions of various elements) are too similar to the...

Technology

Government Green Lights Building Of Atlantis, Construction Begins in 2019

When talking about cities of the future, most people often think of major landmasses floating in the sky. Before getting there, however, it seems engineers are looking at solving the floating aspect first and they are...

Mind-Controlled Robot ‘Teleport Helps The Disabled Move Around

It would seem that the world of robotics is progressing at an exponential rate, with advances in artificial intelligence and cybernetic mimicry leading the charge. Now, machines that can be controlled via neural interface...

Meitu App Makes Users Look Like Cute Anime Characters And Vulnerable To Data Mining

There is a new app in the market that is skyrocketing in popularity of late because it can turn any user into a cute anime character. While the benefits may seem appealing, particularly to a certain otaku-ish segment of...

LG Patent Foldable Smartphones Too; Company Receives Tablet Hybrid Patent

LG seems to be seeking a dominant position in the smartphone market with its foldable phone model. GSMInfo first reported that LGs patent showcases a new smartphone model looking likea merger of two, different parts. The...

Mark Zuckerberg Doesnt Run His Facebook Profile, A PR Team Does

Mark Zuckerberg is one of the most prolific billionaires in the U.S. largely thanks to his activities on Facebook. Having his own Facebook profile has given the social media figure the appearance of accessibility. However,...
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2017-01-20 15:26:23
0m

January 20 07:00 UTC Released

DEProducer Prices YY

Actual

1.0 %

Forecast

1.0 %

Previous

0.1 %

January 20 07:00 UTC Released

DEProducer Prices MM

Actual

0.4 %

Forecast

0.4 %

Previous

0.3 %

January 23 07:00 UTC 37803780m

TRConsumer Confidence*

Actual

Forecast

Previous

63.40

January 23 13:00 UTC 41404140m

SACPI YY*

Actual

Forecast

Previous

2.3 %

January 23 13:00 UTC 41404140m

SACPI MM*

Actual

Forecast

Previous

-0.2 %

January 23 13:30 UTC 41704170m

CAWholesale Trade MM

Actual

Forecast

Previous

1.1 %

January 23 15:00 UTC 42604260m

EZConsumer Confid. Flash

Actual

Forecast

Previous

-5.1 %

January 23 19:00 UTC 45004500m

ARAnnual Industrial Output*

Actual

Forecast

Previous

-2.5 %

January 23 21:00 UTC 46204620m

KRConsumer Sentiment Ind*

Actual

Forecast

Previous

94 bln $

January 24 00:30 UTC 48304830m

JPNikkei Mfg PMI

Actual

Forecast

Previous

52.4 %

Close

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