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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

The Ethereum merge could kick off a transformation in crypto's battered reputation

Sep 10, 2022 08:07 am UTC| Technology

Cryptocurrencies might still be a very long way from their highs of 2021, but some of the major ones have staged some decent recoveries in the past couple of months. Notably ether (ETH), the second largest cryptocurrency...

Blockchain Revolution Series

Central bank digital currencies could mean the end of democracy

Aug 02, 2022 04:22 am UTC| Insights & Views Economy

In recent years, we have witnessed a growing interest in the idea of central bank digital currencies. Similar to cash, central bank digital currencies are a form of money issued by central banks. In each country, a...

Blockchain Revolution Series

IPXHOP ties up with Meta Planet - A step closer to global expansion

Jul 28, 2022 07:30 am UTC| Business

The two businesses are collaborating on IP for games tailored for the NFT marketplace. IPXHOP (IPXHOP CEO Lee Hyo-sung) announced today that it has signed a business agreement with Meta Planet (METAPLANET CEO Kim...

Blockchain Revolution Series

PUBLISH, Lamda256 join forces to build out web3 services for news media

Jul 27, 2022 09:54 am UTC| Business

PUBLISH announced today that it has signed a strategic partnership with Lamda256. Lamda256 is a subsidiary of Dunamu, which also operates Upbit, Koreas largest cryptocurrency exchange. Lambda256s flagship service is...

Blockchain Revolution Series

‘Minecraft’ NFT: Mojang won’t allow blockchain tech in the game because it promotes ‘scarcity and exclusion’

Jul 22, 2022 06:36 am UTC| Technology Digital Currency Business

Minecraft fans have been asking developer Mojang Studios to clarify its position and policies on NFTs (non-fungible tokens) and other blockchain technologies. The company has now provided a comprehensive statement on the...

Blockchain Revolution Series

There are systems 'guarding' your data in cyberspace – but who is guarding the guards?

May 28, 2022 11:05 am UTC| Technology

We use internet-connected devices to access our bank accounts, keep our transport systems moving, communicate with our colleagues, listen to music, undertake commercially sensitive tasks and order pizza. Digital security...

Blockchain Revolution Series

Can you truly own anything in the metaverse? A law professor explains.

Apr 23, 2022 08:32 am UTC| Technology Digital Currency

In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The...

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Economy

Costco’s net income for the quarter was $1.868 billion,

Costco would want to forever keep the price of the hotdog and soda combo at $1.50, where it has been since 1985. On a recent call, the companys chief financial officer Richard Galanti stated the plan is to keep the...

IG will receive brand visibility at both venues of Tottenham Hotspur Stadium and Wembley in hosting games in London.

The National Football League (NFL) has tapped online trading and investments firm IG as its presenting partner for three regular-season games in London. The deal also includes the designation of IG as NFL UKs lead...

It's unclear how possible alliances for other NFT categories, like video and fantasy sports, are doing.

The Premier Leagues plans to launch non-fungible tokens (NFTs) have reportedly been derailed by the cryptocurrency crash, threatening a potential new revenue stream worth over US$427 million. Earlier this year, it was...

MonkeyLeague will release a fresh set of AC Milan-themed game materials, including characters, skins, and venues.

AC Milan has signed a new partnership deal designating the MonkeyLeague, a Web 3.0 soccer title, as their non-fungible token (NFT) gaming partner. MonkeyLeague, a platform built on the Solana blockchain, enables users...

The original Karaage-kun specialty whisky is made specifically by the Liquor Museum to pair with Lawson's flagship fried chicken.

The Liquor Museum bar will open at the Shinjuku Washington Hotel Building on October 6th offering a special whisky designed to pair with Lawson convenience stores Japanese fried chicken, Karaage-kun! The original...

Politics

The Labor Party has pledged to put up a publicly-owned energy firm if elected, to better solve rising energy bills.

The British opposition Labor Party has promised to set up a publicly-owned energy company if it wins the next election, according to party leader Keir Starmer. The move would help address the rising energy bills and it...

EU has urged the new Italian government to stick to its reform plans as the bloc's executive approved additional funding.

The European Union has called on the new government in Italy to adhere to its reform plans. This comes as the bloc has approved additional post-COVID-19 recovery funds. European Commission chief Ursula von der Leyen...

The agency has approved EV charging station plans for all 50 states, Washington DC, and Puerto Rico.

The United States Transportation Department has approved the plans for electric vehicle charging stations nationwide. All 50 states would have EV charging stations, including Washington DC and Puerto Rico. The...

Authorities searched a yacht in northern Germany as part of its probe on Russian billionaire Alisher Usmanov.

Law enforcement authorities in Germany searched the motor of a yacht as part of the probe on Russian billionaire Alisher Usmanov, officials announced this week. The search of the yacht was part of the efforts by officials...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

The key selling point of this system is the ability to remotely manipulate digital avatars from a computer, camera, and microphone at home

Lawson plans to introduce digital avatars at register monitors that are controlled remotely by real humans at over 200 stores in the next three years. The digital avatars will start showing up at a few Lawson stores as...

New ‘Overwatch 2’ players will have to unlock original characters and game modes

New players joining Overwatch 2 next month will be introduced to the game differently. Blizzard designed the First Time User Experience (FTUE), so they could gradually become familiar with the playable characters and game...

EA’s new hunting game ‘Wild Hearts’ will reportedly launch in early 2023

EA and Koei Tecmo will release the first Wild Hearts trailer soon. But the games launch window may have been revealed already. The companies announced earlier this month that they have partnered to co-publish an all-new...

Amazon listing for Pixel 7 went live early revealing its release date and price

The closer Googles event is, the more leaks are appearing in the wild. An early listing of the Pixel 7 on Amazon was recently spotted that may have confirmed when the device will arrive in stores and how much it will...

Apple confirms downgraded version of Stage Manager for older iPad Pro models without M1 chip

Apple previously said Stage Manager on iPadOS 16 was only possible on newer iPads, specifically the models powered by the M1 chip. Now, the company shared some good news and confirmed that it found a workaround to bring...
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