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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

Bajaj Allianz General Insurance utilizes blockchain to fasten claims settlement process

Jul 07, 2017 04:06 am UTC| Digital Currency

Bajaj Allianz General Insurance company said that it has utilized blockchain technology to hasten the process of claims settlement in travel and motor sectors, The Hindu Business Line reported. The company has launched...

Blockchain Revolution Series

22 new banks join SWIFT to validate blockchain POC for real-time nostro accounts reconciliation

Jul 07, 2017 03:19 am UTC| Digital Currency

SWIFT, global provider of secure financial messaging services, announced that 22 additional banks have joined its blockchain proof-of-concept (POC). The banks will collaborate to validate whether blockchain can help banks...

Blockchain Revolution Series

Blockchain meets Internet of Things at IoT Solutions World Congress

Jul 06, 2017 07:32 am UTC| Digital Currency

The third edition of the Internet of Things Solutions World Congress (IOTSWC), to take place on 3-5 October at Fira de Barcelonas Gran Via venue, will bring together leading companies and experts to discuss this innovative...

Blockchain Revolution Series

ESMA Conference 2017 to focus on blockchain and financial innovation

Jul 06, 2017 05:52 am UTC| Digital Currency

The European Securities and Markets Authority (ESMA) has opened the registration for its ESMA Conference 2017, scheduled to take place on 17 October 2017 in Paris, France. The conference will bring together political...

Blockchain Revolution Series

BNP Paribas, SmartAngels develop blockchain platform for share registers

Jul 06, 2017 05:18 am UTC| Digital Currency

BNP Paribas Securities Services and SmartAngels have announced the completion of the first phase of their partnership, announced last year, with the development of a share register management tool using blockchain...

Blockchain Revolution Series

Blockchain payment platform Veem announces integration with QuickBooks

Jul 06, 2017 04:12 am UTC| Digital Currency

Veem, a global payment service provider, has announced a new integration with QuickBooks Online which will help QuickBooks users and accounting professionals streamline the process of making international payments. With...

Blockchain Revolution Series

Barclays’ Rise to host variety of fintech events during London Fintech Week

Jul 05, 2017 10:31 am UTC| Fintech

Rise, an open innovation programme created by Barclays, is going to host a number of events during the London FinTech Week from 10-14 July at 41 Luke Street, London. The events include discussions on the current hot...

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Economy

UK Q2 GDP growth sees marginal improvement from Q1, raises downside risks to 2017 GDP outlook

UK economic growth nudged up in the second quarter of 2017 after a notable slowdown seen in the first half of the year. Official data for gross domestic product published by the Office for National Statistics (ONS) showed...

Fundamental Evaluation Series: Long-term yield spread vs. EUR/GBP

This chart shows the performance of EUR/GBP exchange rate in contrast to the performance of long-term yield divergence between 10-year German Bund and 10-year UK gilt. During our evaluation period beginning August...

U.S. Treasuries gain ahead of FOMC policy meeting, 5-year auction

The U.S. Treasuries gained ahead of the countrys 5-year auction, besides the Federal Open Market Committee (FOMC) monetary policy meeting, scheduled to be held today at 17:00GMT and 18:00GMT respectively. The yield on...

EUR/PLN likely to face further upside risks in coming weeks, says Commerzbank

The zloty stayed range-bound yesterday, but we are not out of the water at all. We advise investors to keep a close eye on political developments. The rift between President Andrzej Duda and the PiS leadership, triggered...

Fundamental Evaluation Series: USDJPY vs. yield divergence

This one pair has been at odds with yield divergence throughout early 2016 as the yen benefited from risk aversion and due to market participants doubts on BoJs abilities to ease policies further. It had shown...

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

Neuroscientist Trolls Science Journals With Star Wars-Themed Paper

Fans of the popular Star Wars franchise will be more than familiar with the so-called midi-chlorian and all the various jargons used in the properties. If these fans read a paper published in several journals posing as...

China Create Quantum Network That Can’t Be Hacked

With hacking becoming an increasingly serious problem on an international scale with huge national security implications, it was only a matter of time before a country developed a network that simply cannot be hacked. It...

Toyota Reportedly Close To Developing Solid State Car Battery

In a recent report by The Wall Street Journal, it would appear that car making giant Toyota is on the cusp of succeeding in the creation of an efficient and affordable Solid State battery for cars. This would be a huge...

Uncharted: The Lost Legacy Impressions Are In And They Are Overwhelmingly Positive

With Uncharted 4: A Thiefs End being the last foray of legendary adventurer Nathan Drake into the world of tomb raiding, many wondered if the spin-off Uncharted: The Lost Legacy can do the franchise justice. In a recent...

Is Roomba Robot Vacuum Mapping Users’ Homes And Selling Them To The Highest Bidder?

Anyone who has a Roomba robot vacuum in their home from iRobot Corp. recently found cause for concern when a Reuters interview revealed the companys plans on using the tiny machine to map the homes of users. Company CEO...
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July 26 18:00 UTC Released

USFed Funds Target Rate

Actual

1.00-1.25 %

Forecast

1.125 %

Previous

1.125 %

July 26 15:30 UTC Released

BRForeign Exchange Flows*

Actual

-2.885 bln

Forecast

Previous

-2.949 bln

July 26 23:00 UTC 3030m

KRNew Home Sales-Units*

Actual

Forecast

2.7 mln

Previous

2.9 mln

July 26 23:00 UTC 3030m

EZGDP Growth QQ*

Actual

Forecast

0.6 %

Previous

1.1 %

July 26 23:00 UTC 3030m

EZGDP Growth YY*

Actual

Forecast

2.7 %

Previous

2.9 %

July 26 23:00 UTC 3030m

KRGDP Growth QQ*

Actual

Forecast

0.6 %

Previous

1.1 %

July 26 23:50 UTC 8080m

JPForeign Invest JP Stock

Actual

Forecast

Previous

341.0 bln JPY

July 26 23:50 UTC 8080m

JPForeign Bond Investment

Actual

Forecast

Previous

947.8 bln JPY

July 26 23:50 UTC 8080m

JPForeign Bond Investment

Actual

Forecast

Previous

947.8 bln JPY

July 26 23:50 UTC 8080m

JPForeign Invest JP Stock

Actual

Forecast

Previous

341.0 bln JPY

Close

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