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Blockchain Revolution Series

©Econometrics LLC . All Rights Reserved.

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

London tech firm JAAK announces ‘MΞTA’ blockchain pilot for media industry

Feb 21, 2017 06:51 am UTC| Digital Currency

London-based blockchain tech company JAAK that connects media, metadata, and rights, announced the plans for a blockchain pilot for the media and entertainment industry. The announcement was made by the company founder...

Blockchain Revolution Series

Moscow to host international blockchain conference on February 28

Feb 21, 2017 05:58 am UTC| Digital Currency

Moscow will be hosting an international blockchain technology conference on February 28, 2017, with the support of Open Systems publishing house. The international conference helps in the discussion of new tools and...

Blockchain Revolution Series

BABB App creates banking platform using Ethereum smart contracts

Feb 21, 2017 04:35 am UTC| Digital Currency

BABB App announced that it is building a bank that is based on the implementation of permissioned blockchain using Ethereum Smart Contracts banking platform, Finextra reported. The Ethereum smart contracts platform is...

Blockchain Revolution Series

Blockchain Intelligence Group rolls out QLUE version codename Deep Cove

Feb 21, 2017 04:17 am UTC| Digital Currency

Blockchain Intelligence Group (BIG), a Canada-based developer of blockchain technology solutions, has announced the launch of QLUE version codename Deep Cove. The company said that the objective behind developing the...

Blockchain Revolution Series

Exclusive: Bank of Korea, R3 consortium to carry out blockchain project Translated

Feb 21, 2017 03:55 am UTC| Fintech Digital Currency

The Bank of Korea said it willcarry out the Proof-of-Concept project with R3 consortium by using blockchain technology. Kim Jung-hyuk, head of the e-finance planning team at the Bank of Koreas Financial Supervisory...

Blockchain Revolution Series

Keynote 2017 World Blockchain Forum to take place in Dubai on March 6

Feb 20, 2017 06:51 am UTC| Digital Currency

Smart Dubai will be organizing Keynote 2017 World Blockchain Forum, to be held at Burj Al Arab in Dubai on March 6, 2017. The event will cover a wide array of topics in the blockchain arena and will see 40+ most prominent...

Blockchain Revolution Series

European Commission is actively monitoring blockchain developments, says VP Andrus Ansip

Feb 17, 2017 06:10 am UTC| Fintech

The European Commission Vice President Andrus Ansip has explained in a statement that the Commission is actively monitoring the developments of blockchain technology. According to the statement, he said that the...

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Economy

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...

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...

BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance

Bank of Japan (BOJ) board member Kazuyuki Masu signaled growing support for an interest rate hike, stating that the central bank should act quickly if Japans economy shows no clear signs of slowing down. His comments have...

Politics

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,...

Elon Musk’s China Influence Faces New Challenges Amid Rising EV Competition

Elon Musk continues to hold a powerful yet increasingly complicated position in China as Tesla faces growing pressure from local electric vehicle manufacturers and tighter scrutiny from Chinese regulators. Despite...

Taiwan Independence Debate: China, U.S., and Taipei Tensions Explained

Chinas President Xi Jinping recently warned that disagreements over Taiwan could seriously damage U.S.-China relations, once again placing the Taiwan independence issue at the center of global politics. Taiwan, officially...

Havana Protests Erupt as Cuba Faces Severe Blackouts and Fuel Crisis

Protests spread across Havana on Wednesday night as Cuba struggled through its worst electricity crisis in decades, with residents enduring rolling blackouts linked to an ongoing fuel shortage and tightened U.S. sanctions....

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

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...

SK Hynix Nears $1 Trillion Market Value Amid South Korea’s AI-Driven Stock Market Surge

SK Hynix is rapidly approaching a historic $1 trillion market capitalization, only weeks after Samsung Electronics achieved the same milestone. The remarkable rise highlights South Koreas growing dominance in the global...

Cisco Restructures for AI Growth After Record Q3 Revenue

Cisco Systems (NASDAQ: CSCO) announced a major business restructuring focused on artificial intelligence and high-growth technology sectors after reporting record third-quarter revenue that exceeded Wall Street...