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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

Nearly 60 pct of large corporations consider deploying blockchain technology – Juniper Research

Aug 01, 2017 06:33 am UTC| Digital Currency

Juniper Research, the UK-based market research company, has released a new survey report which states that nearly 6 in 10 (57%) large corporations (having over 20,000 employees) are either actively considering, or are in...

Blockchain Revolution Series

Coinplug, SBI to launch new blockchain remittance service

Aug 01, 2017 05:40 am UTC| Digital Currency

Coinplug, a South Korea-based bitcoin services company, has announced a new joint remittance venture in collaboration with SBI FinTech Solutions Co., a subsidiary of Japanese investment group SBI, CoinDesk...

Blockchain Revolution Series

Innovate UK seeks blockchain projects for £8M startup competition for healthcare sector

Jul 31, 2017 11:42 am UTC| Digital Currency

Innovate UK, an executive non-departmental public body fostering innovation in the UK economy, has announced that it is offering up to 8 million to UK businesses to develop new and novel digital healthcare solutions,...

Blockchain Revolution Series

CITIC Bank develops blockchain-powered credit settlement system

Jul 31, 2017 09:26 am UTC| Digital Currency

Chinese CITIC Bank has developed a system for the settlement of credit based on blockchain technology, ETH News reported. Called BCLC, the network enhances the efficiency of credit operations by transmitting messages in...

Blockchain Revolution Series

Fujitsu develops technology to accelerate transaction processing on blockchain

Jul 31, 2017 07:29 am UTC| Digital Currency

Fujitsu Laboratories Ltd., a wholly owned subsidiary of leading Japanese information and communication technology (ICT) company Fujitsu Limited, has announced the development of a technology that speeds up transaction...

Blockchain Revolution Series

German chemical giant BASF pilots blockchain for supply chain

Jul 31, 2017 04:52 am UTC| Digital Currency

BASF, a Germany-based chemical supplier to the automotive industry, last week announced that it has been collaborating and mentoring selected startups in pilot projects in the areas of blockchain, sensor technology,...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – July 28th, 2017

Jul 28, 2017 11:32 am UTC| Digital Currency

New cryptocurrency exchange rules go into effect in Washington Following the passing of Senate Bill 5031, new regulations for digital currency exchanges are now effective in the state of Washington, CoinDesk reported....

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Economy

U.S. Treasuries trade lower ahead of FOMC August meeting minutes

The U.S. Treasuries lost ground as investors wait to watch the Federal Open Market Committee (FOMC) meeting minutes, scheduled to be released today by 18:00GMT. The yield on the benchmark 10-year Treasury, jumped nearly...

UK gilts continue to plunge tracking upbeat employment report, fall in June jobless rate

The UK gilts continued to plunge Wednesday after reading a, upbeat employment report, released today, with the rate of unemployment declining below what markets had initially anticipated amid deeper fall in the number of...

USD/THB likely to end Q3 at 33.4, Q4 at 33.6: says Scotiabank

The THB has appreciated 7.6 percent year-to-date amid large portfolio inflows, the best performing currency in the region. Foreign investors have poured USD 73mn and USD 6.36bn of funds in local equity and bond markets...

German government bonds slump after Eurozone Q2 GDP meets expectations

The Eurozone periphery bonds slumped Wednesday after the eurozones Q2 GDP, released today, matched market consensus; however, on a y/y basis, it came in above what analysts had earlier anticipated. Investors will now...

Singapore NODX likely to register an expansion of 9.1 pct y/y, says DBS Bank

Singapores export performance will likely hold up. Non-oil domestic export (NODX) sales for July due tomorrow will likely register an expansion of 9.1 percent y/y. While this is up from 8.2 percent in the previous month,...

Politics

The Goldwater rule prevents psychiatrists diagnosing Trump from afar but some say there's too much at stake

In the late 19th century, Sigmund Freuds colleague Wilhelm Fleiss successfully diagnosed an illness in one of Freuds relatives, without even having met them. Freud was so impressed by Fleisss diagnostic acumen that he went...

How to be a better leader – according to science

Leadership has been in the spotlight as never before, as people around the world look to their leaders in all spheres of social, political and organisational life. Rather than help, though, leaders often seem to be part of...

Explainer: a breakdown of what you need to know about the Kenyan elections

There are eight candidates for the presidency in Kenyas 2017 election. Of these, two are the main contenders; Uhuru Muigai Kenyatta and Raila Amolo Odinga. This is a replica of the 2013 polls where the two presidential...

U.S. under Trump Series: Trump’s FBI nominee approved by Senate with overwhelming majority

Given the fact that Democrats always tend to take actions against the Trump administration and delay or oppose the nominees whenever possible, President Trumps nomination for the FBI director, Christopher Wray got approved...

For Venezuela, there may be no happily ever after

Last week, over seven million Venezuelans both at home and abroad voted against president Nicolas Maduros proposed Constituent Assembly, which would have empowered his administration to rewrite the countrys...

Science

Hackers Spread Malware Via DNA, Could Destroy Police Computer Networks

Scientists and engineers have been pushing the digital frontier for decades and they have just pushed the boundaries towards new territory. Encoding a malware in DNA, scientists were able to infect computers that tried to...

Scientists Discover New Type Of Brain Cells That Could Lead To Hyperintelligence

While tech revolutionaries like Elon Musk prefer to merge man with machine in order to make humans smarter, stronger, and better, others prefer a more biological approach. A team of scientists recently discovered new types...

Expert Warns Of CRISPR Causing Class Warfare

Humanity is living in an interesting age, where scientists can finally start manipulating the human genome in ways that were not possible before due to CRISPR. Many have even hypothesized that through these amazing...

CRISPR Helps Scientist Make Huge Strides In Curing Diabetes

Although plenty of advancements in medical science have allowed humans to reduce the health impact of diabetes, a cure is still far off in the distance. With the advent of CRISPR, however, researchers are now much closer...

Scientists Increase HIV Resistance Using CRISPR

HIV is a medical issue that has been confounding scientists for years, eluding effective forms of countermeasures throughout the decades. With the advent of the gene-editing tool CRISPR, however, researchers may have...

Technology

Uber Troubles Revealed, Another Executive Leaves While Details Of Tesla Assassination Plan Unveiled

It seems Uber just cant get a break. On top of the lawsuits surrounding the company, it now has to deal with executives leaving. Whats more, it would seem that a former employee planned an attempt to assassinate Tesla CEO...

Tesla Model 3 Drives Older EV Prices By $20,000, Nissan LEAF Now Costs $13,000

The renewable energy race is here and with regards to the auto industry, Tesla is having a considerable effect simply because of its proximity. With the launch of the Model 3, for example, older electric vehicles are...

World’s Largest Single-Tower Solar Plant In The Works

Solar power and renewable energy, in general, are taking over the world. However, there is still a long way to go before they become the main sources of power that people turn to and this will require considerable...

Government Study Warns Minimum Wage Hike Leads To Automation Job Loss

The progressive members of the Democratic party, as well as a considerable number of American workers, have been pushing for the increase in the minimum wage in every state for almost a decade now. However, while doing so...

Facebook Marketplace Now Has eBay Daily Deals Feature

Shopping on eBay is something that a lot of people on the internet absolutely love to do. Now, Facebook users can get updated details on what deals are available on the platform via the eBay Daily Deals feature on...
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August 16 12:30 UTC Released

USHousing Starts Number MM

Actual

1.155 mln

Forecast

1.220 mln

Previous

1.215 mln

August 16 12:30 UTC Released

USBuild Permits: Change MM

Actual

-4.1 %

Forecast

Previous

9.2 %

August 16 15:30 UTC 125125m

BRForeign Exchange Flows*

Actual

Forecast

Previous

0.361 Bln USD

August 16 23:50 UTC 625625m

JPForeign Bond Investment

Actual

Forecast

Previous

1624.2 bln JPY

August 16 23:50 UTC 625625m

JPForeign Invest JP Stock

Actual

Forecast

Previous

-37.7 bln JPY

August 16 23:50 UTC 625625m

JPExports YY*

Actual

Forecast

13.6 %

Previous

9.7 %

August 16 23:50 UTC 625625m

JPImports YY*

Actual

Forecast

17.0 %

Previous

15.5 %

August 16 23:50 UTC 625625m

JPTrade Balance Total Yen*

Actual

Forecast

392.0 bln JPY

Previous

439.9 bln JPY

August 17 01:30 UTC 725725m

AUFull Time Employment*

Actual

Forecast

Previous

62.0 k

August 17 01:30 UTC 725725m

AUEmployment*

Actual

Forecast

20.0 k

Previous

14.0 k

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