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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

Internet of Coins launches multiple blockchain ‘hybrid asset’

Mar 15, 2017 05:21 am UTC| Digital Currency

Non-profit cryptocurrency technology development organization Internet of Coins announced that it has launched a hybrid asset, a multi-blockchain token that enables transfer of value between blockchain systems without the...

Blockchain Revolution Series

Nasdaq announces blockchain-enabled media trading platform NYIAX

Mar 14, 2017 12:28 pm UTC| Digital Currency

Nasdaq announced NYIAX (New York Interactive Advertising Exchange), which is the worlds first guaranteed advertising contract exchange, that will be deployed in the cloud and run on blockchain technology. The new...

Blockchain Revolution Series

ING, SocGen plan to test blockchain for liquefied natural gas trading

Mar 14, 2017 09:41 am UTC| Digital Currency

ING and Societe Generale banks are having talks with traders in order to test and explore liquefied natural gas (LNG) trading using blockchain technology, Reuters reported. The move comes a month after ING and SocGen...

Blockchain Revolution Series

UK government looks to blockchain technology to drive digitalization

Mar 14, 2017 07:26 am UTC| Digital Currency Fintech

Blockchain and smart contracts are among the key technologies that the UK government will focus on going forward as part of its digitization efforts. Earlier this month, the Department for Culture, Media and Sport...

Blockchain Revolution Series

Blockchain startup Ripple launches new tool for banks

Mar 14, 2017 05:30 am UTC| Digital Currency

Blockchain technology provider Ripple has announced the launch of a new tool, designed specifically to help banks understand their cross-border payment cost structure and how it can help them overcome current...

Blockchain Revolution Series

Blockchain startup BABB App, Contis enter agreement for licensing and banking infrastructure

Mar 14, 2017 05:26 am UTC| Digital Currency

BABB App, a blockchain-based banking startup, announced that it has signed an agreement with Contis Group in a move to provide UK bank accounts, card payment services and transfers using Contis white-label license and...

Blockchain Revolution Series

Blockchain firm BTL adds former VP of VISA Europe and AmEx to advisory board

Mar 13, 2017 12:39 pm UTC| Digital Currency

BTL Group, a technology company and blockchain solutions provider, announced the appointment of Jon Downing, former Vice President of VISA Europe and American Express, to BTL Advisory Board. Jon has successfully...

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Economy

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...

Wall Street Hits Record Highs as Nvidia China Chip Sales Boost Market Optimism

U.S. stock index futures traded steadily Thursday evening after Wall Street closed at fresh record highs, driven by strong gains in technology stocks and renewed optimism over U.S.-China relations. Investor sentiment...

Dollar Gains as Fed Rate Hike Bets Rise Amid Strong U.S. Data

The U.S. dollar strengthened on Thursday as investors increased expectations that the Federal Reserve could raise interest rates again later this year following stronger-than-expected economic data. Fresh inflation figures...

Gold Prices Fall as Strong Dollar and Inflation Data Boost Rate Hike Expectations

Gold prices declined sharply on Thursday as a stronger U.S. dollar and rising inflation concerns increased expectations that the Federal Reserve may raise interest rates later this year. Investors also closely monitored...

Politics

ICC Pressure Mounts as Families of Duterte Drug War Victims Demand Justice

Families of victims killed during the Philippines controversial war on drugs renewed calls for justice after dramatic scenes unfolded inside the Philippine Senate involving Senator Ronald Bato dela Rosa. The former police...

CIA Director John Ratcliffe Meets Cuban Officials in Havana Amid Renewed U.S.-Cuba Talks

A U.S. delegation led by CIA Director John Ratcliffe held high-level talks with Cuban officials in Havana on Thursday, signaling a possible shift in U.S.-Cuba relations under President Donald Trump. The Cuban government...

Oil Prices Climb as Strait of Hormuz Tensions and Supply Concerns Persist

Oil prices moved higher on Friday as traders remained cautious over ongoing security risks near the Strait of Hormuz, despite Iran reporting increased vessel traffic through the strategic shipping route. Concerns about...

Macron Faces Political Test Over Bank of France Nomination Ahead of 2027 Election

French President Emmanuel Macron is facing mounting political pressure as lawmakers prepare to vote next week on the appointment of his former chief of staff, Emmanuel Moulin, as the next governor of the Bank of France....

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,...

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

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...

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...

SoftBank Shares Slide Despite Record Q4 Profit Fueled by OpenAI Investment

SoftBank Group Corp. (TYO:9984) shares dropped sharply on Thursday despite the company reporting blockbuster fourth-quarter earnings, as investors grew increasingly concerned about the Japanese tech giants expanding...

OpenAI Finds No Evidence of User Data Breach in TanStack npm Supply-Chain Attack

OpenAI confirmed on Wednesday that it found no evidence suggesting user data was compromised following a security incident linked to the TanStack npm package, a widely used open-source JavaScript library. The issue stemmed...