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Blockchain Revolution Series

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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

JBA to adopt Fujitsu cloud service for blockchain-based financial service testbed

Sep 15, 2017 03:53 am UTC| Digital Currency

Fujitsu, a leading Japanese information and communication technology (ICT) company, has announced that the Japanese Bankers Association (JBA), an association of banks and other organizations operating in Japan, will employ...

Blockchain Revolution Series

Japan Exchange Group releases paper on DLT trends in capital market

Sep 15, 2017 03:10 am UTC| Digital Currency

Japan Exchange Group (JPX) has published a working paper that focuses on the trends in technological development and some issues with utilizing distributed ledger technology (DLT) in the capital market. JPX established...

Blockchain Revolution Series

B3i to launch market beta testing program for reinsurance blockchain prototype in October

Sep 14, 2017 09:15 am UTC| Digital Currency

The Blockchain Insurance Industry Initiative or B3i has is going to launch market beta-testing of its reinsurance blockchain prototype. Launched last year by Aegon, Allianz, Munich Re, Swiss Re, and Zurich, B3i aims to...

Blockchain Revolution Series

City of Boise inks deal with ULedger to explore blockchain potential

Sep 14, 2017 08:28 am UTC| Digital Currency

The City of Boise has entered into an agreement with blockchain company ULedger to explore blockchain potential for the citys technological infrastructure, Blockchain News reported. Under the terms of the agreement, the...

Blockchain Revolution Series

IBM, Microsoft to implement GS1 standards in enterprise blockchain applications

Sep 14, 2017 06:10 am UTC| Digital Currency

Tech titans IBM and Microsoft have collaborated with the global business communications standards organisation GS1 to leverage GS1 Standards in their enterprise blockchain applications for supply chain clients. GS1s...

Blockchain Revolution Series

Indian tech giant Wipro joins Hyperledger to develop enterprise-grade blockchain solutions

Sep 14, 2017 05:08 am UTC| Digital Currency

Indian IT giant Wipro has announced that it has joined Hyperledger, a global open source collaborative effort created to advance cross-industry blockchain technologies, to design and develop open source-based blockchain...

Blockchain Revolution Series

UK FCA, R3, and major banks develop blockchain prototype for regulatory reporting of mortgage transactions

Sep 13, 2017 04:28 am UTC| Digital Currency

The UK Financial Conduct Authority (FCA), together with R3, RBS, and a major global bank, have developed a blockchain-based prototype application for regulatory reporting of mortgage transactions. Built on R3s Corda...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

SHIB Surges in Token Burns; $0.00003 Price Target Grows Likely

This week, Shiba Inu burned a massive 175 million tokens, stoking optimism among holders despite a price retreat. The surge in token burns could pave the way for SHIB to reach the anticipated $0.00003 mark amid fluctuating...

Render (RNDR) Price Dips 3% After Recent 27% Surge: Key Factors Explained

In a surprising market shift, Render (RNDR) slipped by 3% today, cooling off from last weeks 27% rally. This dip follows significant whale transactions and heightened market volatility, spotlighting the fragile balance of...

Huawei Pocket 2 Global Launch Imminent, Revolutionizes Foldable Tech

Huawei is gearing up to introduce its latest innovation, the Pocket 2 foldable phone, to the global market soon, following a successful debut in its home market of China. Huawei Pocket 2 Nears Global...

Binance Under Strict FRA Watch for Three Years After DOJ Deal

The U.S. Department of Justice has tasked the Forensic Risk Alliance (FRA) with monitoring Binance, the worlds largest cryptocurrency exchange, for the next three years. This move follows Binances November plea bargain...

BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf

BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...