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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

NFTs hit the big league, but not everyone will win from this new sports craze

May 06, 2021 02:33 am UTC| Technology Digital Currency

Some buy sporting memorabilia for love. Others for money. The world record for most money paid for a sports-related item goes to the original Olympic manifesto written in 1892 by International Olympic Committee founder...

Blockchain Revolution Series

Blockchain could play an important role in future agriculture and food security

Apr 11, 2021 12:30 pm UTC| Technology Digital Currency

Global food supply chains proved brittle during the COVID-19 pandemic, leading for calls to boost the resilience of global food supply chains through improved efficiency in production, distribution and consumption of...

Blockchain Revolution Series

Digital Currency Revolution

How nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs

Apr 04, 2021 10:23 am UTC| Technology Digital Currency

Takeaways · Nonfungible tokens prove ownership of a digital item image, sound file or text in the same way that people own crypto coins. · Unlike crypto coins, which are identical and worth the same,...

Blockchain Revolution Series

NFTs: why digital art has such a massive carbon footprint

Apr 04, 2021 10:00 am UTC| Technology

How much would you be willing to pay for a one-of-a-kind work of art? For some collectors, the limit lies somewhere in the region of hundreds of millions of dollars. What about a work of art that has no tangible form, and...

Blockchain Revolution Series

What are NFTs and why are people paying millions for them?

Mar 18, 2021 14:30 pm UTC| Technology Digital Currency

Last week, Christies sold a digital collage of images called Everydays: The First 5000 Days for US$69.3 million dollars. This week, Elon Musk said hes selling a tweet of his as an NFT, which contains a song about...

Blockchain Revolution Series

A token sale: Christie's to auction its first blockchain-backed digital-only artwork

Feb 26, 2021 14:45 pm UTC| Digital Currency Technology

Since May 2007, US-based digital artist Mike Winkelmann (who goes by the name Beeple) has posted a new artwork online every day. He posted the 5,000th one in January, and has now packaged them into an enormous digital...

Blockchain Revolution Series

Blockchain Revolution Series: India’s Leading IT Giant TCS Launches Quartz Smart Solution For Cryptocurrency Trading

Jul 09, 2020 09:14 am UTC| Digital Currency Commentary

TCS has recently come up with B⍺NCS the financial solutions under the flagship company of Tata Consultancy Services (TCS), who pioneered the worlds first overseas securities settlement deploying Quartz blockchain. For...

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Economy

Activision Blizzard criticized as employees sign a petition for the management to recognize the seriousness of the issue

Activision Blizzard is currently dealing with heavy backlash from its employees, not just because of the previously reported frat boy culture at the workplace but also due to how the company responded to the lawsuit that...

Walmart adds full college tuition and book payments to part-time and full-time employees

Walmart revealed on Tuesday, July 27, that it will be paying for its staffs full college tuition fees, including the books. The company will shoulder the college schooling of its around 1.5 million full and part-time...

Starbucks, Nestle extend collaboration to bring ready-to-drink coffee to Southeast Asia, Latin America, and Oceania

Starbucks and Nestle just made an announcement that they will be extending their collaboration to be able to distribute ready-to-drink coffee to other parts of the world. To be more specific, the companies strategic...

Campbell's redesigns its cans after 50 years

Campbells soup cans were redesigned for the first time in 50 years, so customers will see new labels when they purchase the popular canned soup products. While the color scheme remained white and red, the font may change a...

Politics

Russia: Vladimir Putin commissions warplanes to be used in case of nuclear war

Countries are on the alert for Russias military activities as tensions remain over certain issues. This week, the Kremlin has commissioned the construction of two new military warplanes in case a nuclear war may...

Capitol insurrection: Video footage of rioters assaulting police officers played during first committee hearing

Law enforcement officials took the most beatings during the January 6 insurrection, resulting in dozens of officials severely injured from the violence. During the House Select Committees first hearing, a new video edit of...

Jovenel Moise assassination: Haitian leader's security coordinator arrested

A few weeks following the assassination of Haitian President Jovenel Moise, he was laid to rest last week. In another development in the investigation, Haitian authorities have arrested and detained Moises security...

Joe Biden weighs in on vaccine mandate for federal workers as VA makes vaccine mandatory for health workers

With the rising cases among Americans who have not been vaccinated, Joe Biden and his administration have been ramping up efforts in ensuring more people get their shots. Biden this week weighed in on making vaccinations...

Science

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving

Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Osaka University ties up with town of Okoppe to turn cow poop into methanol using LEDs

Researchers from the Osaka University and the town of Okoppe are conducting studies to produce methanol by illuminating biogas from cow manure with LEDs. Experiments were conducted at an agricultural and scientific...

Big bang: how we are trying to 'listen' to it – and the new physics it could unveil

Exactly what happened at the beginning of the universe, 14 billion years ago, is one of the greatest mysteries in physics theres no simple way to probe it. Thats because, in its early stages, the universe was filled with...

S. Korean researchers reveal method of using fat insects in producing eco-friendly biodiesel

South Korean researchers announced a method of producing environment-friendly fuels by utilizing the remains of high-fat black soldier flies. The method uses leftover fat from black soldier flies to produce animal feed,...

Nestlé, PepsiCo, and Suntory debut world’s first enzymatically recycled bottles

A consortium that includes Nestlé, PepsiCo, and Suntory has produced the worlds first food-grade PET plastic bottles from enzymatically recycled plastic using Carbios recycling process. The bottles that have been...

Technology

‘Pokémon Unite’ gets first post-launch character and its Gardevoir

Just a week after Pokémon Unite officially launched on Nintendo Switch, the game received its first-ever addition. Gardevoir was added to the roster on early Wednesday, adding another powerful choice to the list of...

‘GTA V’ is leaving Xbox Game Pass in a couple of weeks

GTA V has to be one of the biggest additions to the Xbox Game Pass library this year. However, subscribers may be losing their free access to the popular game soon just when the rumor mill started picking up clues that...

‘Animal Crossing: New Horizons’ version 1.11 goes live on July 29

It has been a while since Animal Crossing: New Horizons received an update with a lineup of free content, but the drought is finally ending this week. Nintendo has announced the official release date for version 1.11,...

Facebook offers free silicone cover amid Oculus Quest 2 recall due to skin irritation reports

Facebook will recall Oculus Quest 2 units worldwide and postpone its sales for a few weeks due to reports that the VR headsets foam padding is causing skin irritation on some users. For existing owners of the device, the...

‘Fortnite’ survey hints at possible D’Amelio sisters, Selena Gomez, and ‘Naruto’ collaborations

Collaboration with major brands and franchises, internet personalities, and successful artists have become a major part of Fortnite in recent years. And fans may already have the list of the most likely celebrities and...
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