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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

Blockchain firm Blockstream launches new feature ‘Confidential Assets’

Apr 04, 2017 06:29 am UTC| Digital Currency

Interoperable blockchain technologies company Blockstream announced the launch of a new feature Confidential Assets, in its Elements blockchain platform. The announcement comes backed by a real-world use case showcasing...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain startup Equibit raises $580k in ICO

Apr 04, 2017 04:57 am UTC| Digital Currency

Equibit, a peer-to-peer equity marketplace, closed its initial coin offering (ICO) on March 31st and has sold USD $585,007 (CAD $782,710) worth of equibits, or EQBs. Were very pleased that the ICO has crowdfunded a...

Blockchain Revolution Series

International Financial Cryptography Conference kicks off in Malta, focuses on blockchain research

Apr 04, 2017 04:11 am UTC| Digital Currency

The 21st annual Financial Cryptography and Data Security conference kicked off on April 3 at the Palace Hotel in Sliema, Malta and will be held until April 7. Organized by the International Financial Cryptography...

Blockchain Revolution Series

Ripple announces new features bringing transaction throughput to Visa levels

Apr 03, 2017 08:07 am UTC| Digital Currency

Ripple, a San Francisco-based provider of financial settlement solutions, has announced new features that will bring transaction throughput to the same level as Visa and American Express. The startup aims to move money...

Blockchain Revolution Series

Dubai Precious Metals Conference to focus on blockchain technology

Apr 03, 2017 05:48 am UTC| Digital Currency

DMCC, the authority on trade, enterprise and commodities in Dubai, has announced the details of the sixth annual edition of theDubai Precious Metals Conference(DPMC), scheduled to take place on 9th 10th April at the...

Blockchain Revolution Series

Arizona blockchain bill enacted into law after Governor’s approval

Apr 03, 2017 04:59 am UTC| Digital Currency

Arizona Governor Doug Ducey has signed the billHB 2417into law on 29th March, thereby recognizing blockchain signatures and smart contracts under state law, CoinDesk reported. Earlier in February, the lower chamber of...

Blockchain Revolution Series

Blockchain firm Funderbeam to utilize Mistletoe’s funds to expand into Asia Pacific

Apr 03, 2017 04:17 am UTC| Digital Currency

Estonian blockchain-based firm Funderbeam announced that a Japanese investor and incubator, Mistletoe will invest 2 million in the blockchain startup that will be utilized to expand Funderbeam services globally, as well as...

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Economy

Trump Says China to Boost U.S. Oil Imports After Xi Talks

U.S. President Donald Trump said China has agreed to significantly increase purchases of American oil and energy products following high-level discussions with Chinese President Xi Jinping in Beijing. Speaking during a...

Asian Currencies Slide as Strong U.S. Data Boosts Dollar and Fed Rate Hike Expectations

Asian currencies weakened on Friday as stronger-than-expected U.S. economic data pushed the dollar higher and reinforced market expectations that the Federal Reserve could maintain a hawkish monetary policy stance through...

Japan Inflation Outlook: Firms Eye Summer Price Hikes Amid Rising Energy Costs

Japan could experience another wave of widespread price increases this summer as companies respond to surging energy costs linked to tensions in the Middle East, according to a Bank of Japan (BOJ) report released Friday....

US Expects China to Boost Purchases of American Farm Products After Trump-Xi Summit

The United States expects China to commit to purchasing double-digit billions worth of U.S. agricultural products following a high-level summit between President Donald Trump and Chinese President Xi Jinping in Beijing,...

Japan Wholesale Inflation Hits Three-Year High as Oil Shock Fuels BOJ Rate Hike Expectations

Japans wholesale inflation surged in April at the fastest annual pace in three years, driven by soaring energy and chemical prices linked to tensions in the Middle East and disruptions in oil supply routes. The latest data...

Politics

US-China Trade Talks Sideline Chip Export Controls as Nvidia China Sales Draw Attention

U.S. Trade Representative Jamieson Greer said Washington and Beijing did not engage in detailed discussions about U.S. chip export controls during the latest Trump-Xi summit in China. Speaking to Bloomberg TV on Thursday,...

Matthew Wale Elected Solomon Islands Prime Minister After No-Confidence Vote

Matthew Wale has been elected as the new Prime Minister of the Solomon Islands after lawmakers voted out former leader Jeremiah Manele in a no-confidence motion last week. The Solomon Islands parliament selected Wale on...

Rubio Urges China to Release Jimmy Lai and Political Prisoners

U.S. Secretary of State Marco Rubio said the United States is seeking a positive response from China regarding repeated appeals for the release of jailed Hong Kong media tycoon Jimmy Lai and other political detainees....

US Hosts Israel-Lebanon Talks as Ceasefire Deadline Nears

The United States described the latest Israel-Lebanon talks in Washington as productive and positive as diplomats pushed to prevent renewed escalation ahead of a fragile ceasefire deadline. U.S. officials confirmed that...

Pentagon Halts Planned U.S. Troop Deployment to Poland Amid Europe Force Review

The Pentagon has reportedly canceled plans to temporarily deploy 4,000 U.S.-based troops to Poland, according to two U.S. officials, raising fresh concerns over the future of American military presence in Europe under...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Alphabet Raises Record $3.6 Billion in Yen Bonds to Support AI Expansion

Alphabet, the parent company of Google, has raised 576.5 billion yen ($3.6 billion) through a yen-denominated bond sale, marking the largest bond issuance ever completed by a foreign company in Japan. The landmark deal...

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and...

Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation

AI startup Anthropic is reportedly close to securing a massive $30 billion fundraising deal that would value the company at approximately $900 billion, according to a Financial Times report published Friday. The new...

Nvidia’s China AI Chip Sales Remain Frozen Despite U.S. Approval

Nvidias efforts to expand AI chip sales in China remain stalled even after the U.S. approved several Chinese technology giants to purchase the companys H200 processors. Although around 10 Chinese firms, including Alibaba,...

Alibaba Stock Surges After Strong Q4 Earnings Boosted by AI and Cloud Growth

Alibaba Group Holding Ltd. (HK:9988) saw its Hong Kong-listed shares jump sharply on Thursday after the Chinese e-commerce and technology giant reported better-than-expected quarterly earnings driven by strong momentum in...