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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

Qtum Blockchain Project releases Economy Whitepaper

Feb 10, 2017 04:44 am UTC| Digital Currency

The Qtum Foundation, the organization overseeing the development of the Qtum Blockchain project, released their economy whitepaper. Titled Qtum Blockchain Economy Whitepaper, it outlines the Foundations structure, the...

Blockchain Revolution Series

US state representatives launch Congressional Blockchain Caucus

Feb 10, 2017 03:13 am UTC| Digital Currency

Two lawmakers and US state representatives Jared Polis and David Schweikert of Colorado and Arizona respectively, have announced that launch of Congressional Blockchain Caucus. The Caucus will focus on the advancement...

Blockchain Revolution Series

Russian education center Digital October to conduct ‘Blockchain Weekend’ course on 18-19 Feb

Feb 10, 2017 00:48 am UTC| Digital Currency

Russian-based education center Digital October that conducts courses with the industrys best leaders and experts, has announced a course on blockchain technology Blockchain Weekend that will take place on 18-19 February,...

Blockchain Revolution Series

WISeKey to launch IoT Blockchain Center of Excellence in New York

Feb 09, 2017 23:57 pm UTC| Digital Currency

Swiss-based digital security and cybersecurity company WISeKey has announced that it will establishan IoT Blockchain Center of Excellence in the U.S. in a move to offer a secure IoT model for performing common tasks like...

Blockchain Revolution Series

CoinsBank announces second annual Blockchain Cruise 2017

Feb 09, 2017 09:21 am UTC| Digital Currency

CoinsBank, an all-in-one gateway to blockchain services, has announced the second annual event CoinsBank Blockchain Cruise 2017 that will bring together expert speakers, innovators and representatives from blockchain and...

Blockchain Revolution Series

Iosco report calls for international cooperation to face regulatory challenges posed by FinTech

Feb 09, 2017 07:24 am UTC| Fintech

International Organization of Securities Commissions (Iosco) has released a new report that says that changes resulting from fintech are substantial and in certain cases leading to disintermediation and reintermediation,...

Blockchain Revolution Series

Blockchain firm Coinfirm secures $700k from Luma Ventures in seed funding round

Feb 09, 2017 06:28 am UTC| Digital Currency

Blockchain startup Coinfirm announced that it has secured an investment of $700k from Luma Ventures in an ongoing seed round and aims to further build services and features onto its platform. The blockchain startup has...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

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

Is China Opening Doors to Bitcoin ETFs? Investor's Comment Sparks Debate

Following the recent launch of Bitcoin ETFs in Hong Kong, speculation is mounting over potential access for mainland Chinese investors. Richard Byworth, a prominent Bitcoin investor, suggested that these ETFs could soon be...

Hyundai Pumps Over $900M into Self-Driving Tech, IONIQ 5 Wins Top Family SUV

In a significant move, Hyundai has invested more than $900 million into autonomous driving technologies through its startup, Motional. Concurrently, the Hyundai IONIQ 5 has been acclaimed as the Best Electric 5 Passenger...

Apple's Foldable Future: 20.3-Inch Hybrid in 2025, Foldable iPhone in 2026

Apple is reportedly intensifying its efforts to develop foldable devices. It aims to unveil a 20.3-inch hybrid by late 2025, followed by a foldable iPhone in late 2026. This move signifies a strategic shift towards...

South Korea Excludes Crypto in Donation Law Update, Charities at Risk

South Koreas recent amendments to donation laws have raised concerns as cryptocurrency remains excluded from permissible donation methods. The Ministry of Public Administrations decision, reported by local media outlet...
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