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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

Australian blockchain delegation heads to Consensus 2017 in New York

May 15, 2017 04:59 am UTC| Digital Currency

The Australian blockchain delegation, an initiative of Australian Trade and Investment Commission (Austrade), Data61 and the State Governments of New South Wales and Victoria, will be heading to Consensus 2017 in New York...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – May 12th, 2017

May 12, 2017 07:26 am UTC| Digital Currency

Australias budget 2017-18 removes GST on bitcoin purchases After the Australian governments recent indication towards eliminating bitcoin double taxation issue, the countrys national budget 2017-18 shows that the...

Blockchain Revolution Series

Countr POS embraces blockchain payments with Coinify partnership

May 12, 2017 05:55 am UTC| Digital Currency

Countr POS, a provider of a tablet based point of sale software for small to medium-sized businesses, has entered into a strategic partnership with leading European blockchain payment and trading service provider...

Blockchain Revolution Series

Citi joins blockchain firm Axoni’s Series A funding round

May 12, 2017 05:16 am UTC| Digital Currency

Leading global bank Citi has joined leading blockchain provider Axonis Series A funding round, bringing the total amount raised to more than $20 million. The announcement stated that with the participation in Axonis...

Blockchain Revolution Series

Digital Currency Revolution

Token Summit to delve into emerging blockchain token-based economy on May 25

May 12, 2017 05:08 am UTC| Digital Currency

Token Summit, an event dedicated to exploring the economics, regulation and best practices around blockchain-based tokens, protocols, and cryptoassets, is scheduled to take place on May 25, 2017 at the NYU Stern School of...

Blockchain Revolution Series

Citadel, XTX team up with global banks for blockchain FX venture ‘Cobalt’

May 11, 2017 07:24 am UTC| Digital Currency

Citadel Securities and XTX Markets, the electronic trading houses, have partnered with global banking giants in signing up for blockchain currency settlement venture Cobalt, as reported by Reuters. Cobalt, based in...

Blockchain Revolution Series

Using blockchains invokes shifts in society: EU Parliament report

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

The European Parliament has released a new report that focuses on the social impact of blockchain or distributed ledger technology. The report, What if blockchain changed social values?, noted the various benefits...

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Economy

EUR/HUF likely to remain steadily higher over the coming year, says Commerzbank

MNB remained dovish at its May Monetary Policy Committee (MPC) meeting this week, but there was the absence of any fresh dovish signals, which made markets wonder whether or not MNB was going to reconsider its ultra-dovish...

FxWirePro: The Day Ahead- 26th May 2017

Not many economic data and events scheduled for today and some with high volatility risks associated. Upcoming: The 43rd G7 summit begins today in Italy. United States: Feds Bullard is scheduled to speak at...

UK's Q1 GDP growth unexpectedly revised down in 2nd estimate, BoE policy unlikely to see significant impact

The second estimate of UK GDP for Q1 2017 released earlier today saw an unexpected revision down to 0.2 percent from the previous estimate of 0.3 percent. Todays data follows growth of 0.7 percent in Q4 of 2016 and means...

UK gilts rally on lower Q1 GDP, slack in energy prices

The UK gilts rallied Thursday after reading a lower-than-expected gross domestic product (GDP) for the first quarter of this year amid slack in energy prices ahead of OPECs agreement to extend the output cut by another...

Australia Q1 GDP likely to witness moderate 0.1 pct q/q rise, to drop to 1.5 pct y/y: ANZ Research

Australias preliminary estimate for the first-quarter gross domestic product (GDP) is for a rise of just 0.1 percent q/q. This result continues the recent see-saw pattern in GDP growth, with growth outcomes of +0.8...

Politics

How World War I changed the weather for good

Culture has rarely tired of speaking about the weather. Pastoral poems detail the seasonal variations in weather ad nauseam, while the term pathetic fallacy is often taken to refer to a Romantic poets wilful translation of...

Beyond Brexit: ‘Global Britain’ looks to the emerging Anglosphere for new opportunities

What lies beyond Brexit? This is not just a question for the United Kingdom and the European Union, but also one that will reverberate around the world. One answer is the Anglosphere. Often spoken of as an...

Electioneering in the social media age

Britain is engaged in a General Election contest and once again political parties are investing money, time and energy in their online presence. The Tories are ploughing cash into Instagram adverts and Labour is doing its...

How UKIP’s decline could provide a major boost for Theresa May

The British prime minister Theresa May called a snap general election in the expectation that it will deliver her a substantially increased parliamentary majority. This in turn would give her the strong and stable...

US under Trump Series: Appointment of Mueller as special counsel is good news for policies

Last week, the US deputy attorney general Rod Rosenstein appointed the former FBI director Robert Mueller as a special counsel to the investigation to Russias meddling with the US election and alleged collusion between the...

Science

There Are Now Tattoos That Can Say It Was Stupid To Get A Tattoo Out Loud

Humans have had a long history with tattoos, going back to the hunter-gatherer days when primitive tribes would mark themselves after a successful hunt or winning a war. These days, tattoos have become a fashion statement,...

Gas Station On The Moon Planned, Mars Mission Jump Point

There are several developments in the space sector right now, one of which is the effort to colonize Mars. However, this project has quite a few obstacles with energy burnout being a major factor. This is where a Caltech...

Arms Early Impressions Favorable, Nintendo Switch Motion Control Seems Good

When it was announced that Nintendo was going to be released a fighting game with motion controls called Arms, many were concerned that the response wouldnt be up to par. Based on early impressions, however, both the game...

Scientific Proof That Vegans Are Right, Going Meatless Will Save The World

In developed communities, particularly in the US, Vegans have earned unfortunate reputations for being a little annoying. However, new scientific research suggests that they may actually have the right standpoint on the...

Inoculation theory: Using misinformation to fight misinformation

As a psychologist researching misinformation, I focus on reducing its influence. Essentially, my goal is to put myself out of a job. Recent developments indicate that I havent been doing a very good job of it....

Technology

Another Private Rocket Company Competes With SpaceX, Successful Test Reaches Space

Theres no denying that Elon Musks SpaceX is the most popular private space company in the business right now. However, its not the only one. Another American company successfully launched a rocket from a New Zealand site,...

Free ‘The Witcher’ Game Available To Players Of ‘Gwent’ Closed Beta

CD Projekt Red has opened the doors to the open beta of the Gwent: The Witcher Card Game, so everyone can finally try out the spin-off card game found in The Witcher 3: Wild Hunt title. This isnt the end of the surprises,...

Fallout 4 Is Free-To-Play This Weekend, But Only This Weekend

Theres no doubt that Bethesdas Fallout 4 video game has been a financial success, but it seems the company wants to increase the exposure of the title years after its release. This weekend, players will be able to download...

Far Cry 5 Details Revealed; Cults And Inbred Characters?

After confirming a few details about Far Cry 5 last week, Ubisoft promised that it will do the official announcement of the game in a few days. In the meantime, the company released an official artwork for the game that...

DJI Introduces ‘Spark’ Its Smallest Drone Yet, Only $499

Chinese tech company DJI is undeniably dominating the drone market, but in order to stay on top, it needs to provide more variety to its lineup. Introducing the new Spark, the companys smallest drone that comes with an...
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2017-05-26 10:27:21
0m

May 26 08:00 UTC Released

ITConsumer Confidence

Actual

105.4 %

Forecast

107.3 %

Previous

107.5 %

May 26 08:00 UTC Released

ITMfg Business Confidence

Actual

106.9 %

Forecast

108.0 %

Previous

107.9 %

May 26 11:30 UTC 1818m

INBank Loan Growth*

Actual

Forecast

Previous

4.30 %

May 26 11:30 UTC 1818m

INDeposit Growth*

Actual

Forecast

Previous

10.30 %

May 26 11:30 UTC 1818m

INFX Reserves, USD*

Actual

Forecast

Previous

375.270 bln $

May 26 12:30 UTC 7878m

USCorporate Profits Prelim

Actual

Forecast

2.3 %

Previous

2.3 %

May 26 12:30 UTC 7878m

USDurable Goods

Actual

Forecast

-1.2 %

Previous

1.7 %

May 26 12:30 UTC 7878m

USDurables Ex-Transport*

Actual

Forecast

0.5 %

Previous

0.8 %

May 26 12:30 UTC 7878m

USDurables Ex-Defense MM*

Actual

Forecast

0.0 %

Previous

1.0 %

May 26 12:30 UTC 7878m

USNondefe Cap Ex-Air*

Actual

Forecast

0.5 %

Previous

0.5 %

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