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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

ObjectTech partners with Dubai Government's GDRFA to develop blockchain-based digital passports

Jun 12, 2017 05:26 am UTC| Digital Currency

UK-based ObjectTech Group has signed an agreement with Government of Dubai for its Immigration and Visas Department (GDRFA - General Directorate of Residency and Foreigners Affairs) project to develop digital passports by...

Blockchain Revolution Series

US State Department seeks intern for new blockchain working group

Jun 12, 2017 05:13 am UTC| Digital Currency

The US State Department has announced a new initiative focused on blockchain technology and is seeking an intern to work on the project. Called Blockchain@State, the new working group will be overseen by the Office of...

Blockchain Revolution Series

Blockchain Research Institute welcomes support from public and private sector members

Jun 09, 2017 09:19 am UTC| Digital Currency

Blockchain Research Institute (BRI) that explores strategic opportunities of the blockchain technology, announced that its initiative is being supported by broad public sector. The initiative, which is a syndicated...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – June 9th, 2017

Jun 09, 2017 07:24 am UTC| Digital Currency

PBoC to release new rules for bitcoin exchanges in June Report The Peoples Bank of China has been stepping up its efforts to ensure regulatory compliance by domestic bitcoin exchanges since the beginning of this year....

Blockchain Revolution Series

Chicago gets new blockchain-focused venture

Jun 09, 2017 07:00 am UTC| Digital Currency

The Illinois Blockchain Initiative, a consortium of Illinois state and county agencies, along with a number of blockchain and fintech focused firms, have come together for the launch of a new blockchain center in...

Blockchain Revolution Series

HP partners with R3 to bring Corda to Mission Critical HPE Systems

Jun 09, 2017 05:41 am UTC| Digital Currency

Hewlett Packard Enterprise (HPE) announced that it has entered into a partnership with R3, the financial institution company that runs blockchain consortium, in a move to bring its open source platform Corda to Mission...

Blockchain Revolution Series

Blockchain startup Sphre raises $3.7M in first days of XID token crowdsale

Jun 09, 2017 05:05 am UTC| Digital Currency

Sphre, an information technology firm focused on blockchain, has raised more than $3.7 million (according to current exchange rate) in the first days of its XID token crowdsale to bring identity management to the...

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Economy

Gold Prices Drop as Fed Rate Outlook and Iran Tensions Weigh on Market

Gold prices declined sharply on Monday despite a weaker U.S. dollar, as renewed Middle East tensions and expectations for higher U.S. interest rates continued to pressure the precious metal. Investors also shifted their...

Oil Prices Slip as U.S.-Iran Peace Talks and Strait of Hormuz Risks Keep Markets on Edge

Oil prices edged lower during early Asian trading on Tuesday as investors weighed the possibility of renewed diplomatic talks between the United States and Iran against ongoing concerns over potential supply disruptions in...

Dollar Slips Ahead of Key U.S. Jobs Data as Fed Rate Outlook, ECB, and Iran Talks Shape Forex Markets

The U.S. dollar weakened on Monday after posting two consecutive weeks of gains that pushed it to its highest level since mid-May 2025, as investors shifted their attention to a busy week of U.S. labor market data that...

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Yen Falls to 40-Year Low as Markets Watch Japan Intervention and U.S. Jobs Report

The Japanese yen remained under heavy pressure on Tuesday, falling to its weakest level against the U.S. dollar since 1986, fueling speculation that Japanese authorities could soon step into the foreign exchange market to...

Politics

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Russian Attacks on Dnipro, Zaporizhzhia, and Kharkiv Kill 10 as Ukraine Vows Response

Russian missile and drone attacks on three major Ukrainian cities killed at least 10 people and injured dozens on Monday, Ukrainian officials said, as strikes continued throughout the day and emergency crews searched...

Maria Corina Machado Vows Return to Venezuela After Earthquakes Despite Obstacles

Venezuelan opposition leader Maria Corina Machado said on Monday that she is prepared to do whatever it takes to return to Venezuela and assist with recovery efforts following the devastating back-to-back earthquakes that...

Trump Signs Memorandum Backing Americans’ Right to Repair Their Own Vehicles

U.S. President Donald Trump signed a new memorandum on Monday supporting Americans right to repair their own vehicles, reinforcing efforts to expand consumer access to vehicle maintenance while highlighting ongoing debates...

Israeli Airstrike Kills Three in Central Gaza Despite Ceasefire

An Israeli airstrike killed three Palestinians, including a child, in central Gaza on Monday, according to Gazas health ministry, highlighting continued violence despite a U.S.-mediated ceasefire that has officially been...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...

Australia Sues Amazon Over Prime Video Ads and Subscription Terms

Australias competition watchdog has launched legal action against Amazon.com Inc. (NASDAQ: AMZN), alleging the company violated Australian consumer law by using unfair contract terms to introduce advertising on its Prime...

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...
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