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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

Digital Currency Revolution

After English Premier League club Arsenal and Lionel Messi, another footballer Drogba to promote crypto-space and blockchain

Jul 18, 2018 10:27 am UTC| Research & Analysis Fintech Digital Currency Insights & Views

Former Ivory Coast captain and Chelsea legend Didier Drogba is all set to be a brand ambassador for all.me which is a cryptocurrency platform that vows to contribute to advertising revenue with users. As the technology...

Blockchain Revolution Series

Hong Kong (HKMA) and banking consortium to launch blochchain based trade finance platform

Jul 18, 2018 08:05 am UTC| Fintech Research & Analysis Insights & Views

A glimpse at the World Trade: An organization recently reported on how the demand for trade finance business sums upto $700 billion dollars thats been unattended across emerging Asia and $120 billion in EM Africa. As per...

Blockchain Revolution Series

Canadian credit union coalition LCUC latest to join R3’s blockchain network

Jul 18, 2018 07:24 am UTC| Digital Currency

The Large Credit Union Coalition (LCUC), a Canada-based group of credit unions, is the latest to join the global blockchain consortium led by enterprise software firm R3. LCUC is a group comprising the CIOs of the 16...

Blockchain Revolution Series

Columbia University, IBM set up new blockchain and data transparency research center

Jul 18, 2018 06:54 am UTC| Digital Currency

Columbia University, in collaboration with IBM, is setting up a new center dedicated to research, education, and innovation in blockchain technology and data transparency. The Columbia-IBM Center for Blockchain and Data...

Blockchain Revolution Series

2018 to see lot of progress on scalability and privacy solutions for public blockchains: Thiel Fellow Aparna Krishnan

Jul 18, 2018 04:20 am UTC| Digital Currency

The Thiel Foundation this year included four blockchain entrepreneurs in its 2018 class of Thiel Fellows. The prestigious Thiel Fellowship programme encourages talented young people to pursue big ideas and start companies...

Blockchain Revolution Series

Oracle officially launches Blockchain Cloud Service

Jul 17, 2018 11:01 am UTC| Digital Currency Technology

Oracle has officially announced the launch of Oracle Blockchain Cloud Service an enterprise-grade distributed ledger service allowing organizations to easily build blockchain networks. According to the official...

Blockchain Revolution Series

Former senior counsel at SEC and BigLaw attorneys enforce Ketsal Consulting to direct Blockchain space from confusion to compliance

Jul 17, 2018 09:32 am UTC| Fintech Insights & Views Technology Commentary

The SECs regulation facilitates capital formation, which assists entrepreneurs launch businesses and companies prosperity. The Securities and Exchange Commission (SEC) cites that all Initial Coin Offerings (ICOs) should be...

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Economy

Fed Unveils Stablecoin Rules Under GENIUS Act

The Federal Reserve has proposed a broad regulatory framework for payment stablecoin issuers, moving forward with implementation of the GENIUS Act and efforts to bring dollar-backed digital assets further into the...

U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge

The U.S. dollar strengthened for a fourth consecutive session on Thursday, reaching its highest level in nearly two months as rising oil prices, surging Treasury yields and expectations for further Federal Reserve rate...

U.S. Treasury Yields Surge as 30-Year Hits 22-Year High

U.S. Treasury yields surged again Thursday as investors sold government bonds amid rising inflation concerns, strong economic data and growing expectations that the Federal Reserve will continue raising interest rates. The...

Soybean Futures Slip as Traders Await Trump-Xi Trade Signals

Chicago soybean futures edged lower on Thursday as traders closely watched Chinese President Xi Jinpings state visit to Washington for signs of progress on U.S.-China agricultural trade and future soybean purchases. CBOT...

European Stocks Fall as Bond Yields and Geopolitical Risks Weigh

European stocks closed lower on Thursday as rising bond yields, geopolitical uncertainty in the Middle East and concerns surrounding artificial intelligence weighed on investor sentiment. The pan-European STOXX 600 dropped...

Politics

North Korea Warns South Korea Over US-Led Defense Role

North Korea warned that South Korea could become a decisive target for collective retaliation if Seoul develops into a central hub for a US-led collective defense system, according to state media KCNA on Friday. The...

Pezeshkian Says US Must Choose When Iran War Ends

Iranian President Masoud Pezeshkian said the United States holds the key to ending the Iran war, signaling that Tehran does not want the conflict to continue but will not surrender under US pressure. Asked whether the war...

Trump Asks Supreme Court to Restore Third-Country Deportations

President Donald Trumps administration asked the U.S. Supreme Court on Thursday to allow it to continue deporting migrants to countries other than their homelands without automatically giving them an opportunity to raise...

Netanyahu Defends Israel at UN as Delegates Stage Walkout

Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the United Nations General Assembly on Thursday, defending Israels military actions as dozens of delegates walked out in protest. The speech came as...

US Backs Musk in Fight Against EU’s €120 Million X Fine

The U.S. government has formally moved to join Elon Musks legal challenge against a 120 million ($136.5 million) European Union fine imposed on his social media platform X, escalating a dispute over the reach of European...

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

Jeff Bezos Invests $32 Billion in Blue Origin as Space Firm Targets Major Growth

Jeff Bezos has invested about $32 billion in Blue Origin since founding the space company in 2000, underscoring the Amazon founders long-term commitment to competing in the rapidly expanding commercial space industry....

OpenAI to Preview GPT-6 Cyber AI Model for Cybersecurity

OpenAI is preparing to preview GPT-6 Cyber, a new artificial intelligence model focused on cybersecurity, within days as the company expands its push into AI-powered security tools, according to a Fortune report cited by...

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...