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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

Russia to host blockchain hackathon on 17-18 September

Sep 01, 2016 10:45 am UTC| Digital Currency

InspiRussia, a successful continuation of InspirAsia established by Life.SREDA team in Singaporehas announced to host a blockchain hackathon on 17-18 September at Innopolis City in Russia. The event website stated...

Blockchain Revolution Series

Bitland partners with CCEDK to improve blockchain land registry in West Africa

Sep 01, 2016 07:19 am UTC| Digital Currency

Blockchain-based organization Bitland launched their official ICO crowdfunding campaign with Danish CCEDK and decentralized cryptocurrency exchange, OpenLedger in order to address the unregistered land issue in West...

Blockchain Revolution Series

Visa partners with BTL Group for blockchain-based interbank transfers

Sep 01, 2016 06:51 am UTC| Digital Currency

[The article has been updated with additional information] Visa, the worlds largest payment network, has collaborated with BTL Group, a technology company and blockchain solutions provider, to adapt its technology for...

Blockchain Revolution Series

Coinfirm and Billon collaborate to provide compliance solutions for blockchain and cryptocurrency transactions

Aug 31, 2016 13:04 pm UTC| Digital Currency

Blockchain startup Coinfirm.io has collaborated with fintech company Billon in a move to help in implementing compliance solutions for digital currency and blockchain transactions into the institutional and mass...

Blockchain Revolution Series

R3 welcomes first multinational insurer MetLife to its blockchain consortium

Aug 31, 2016 11:26 am UTC| Digital Currency

According to latest reports, American insurance giant MetLife, Inc. has joined R3 blockchain consortium that has more than 50 of the worlds largest financial institutions among its membership, focused on designing and...

Blockchain Revolution Series

Terepac, Nuco team up to bring blockchain capabilities to IoT

Aug 31, 2016 11:12 am UTC| Digital Currency

Terepac Corporation, an Internet of Things (IoT) solutions company, has partnered with blockchain startup Nuco Inc to bring blockchain capabilities to the IoT through the launch of the Terepac Blockchain. Nuco is proud...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain-powered Synereo to launch second fundraising campaign soon

Aug 31, 2016 09:30 am UTC| Digital Currency

Synereo, a Tel-Aviv based company, has announced that an additional fundraising campaign will begin the week following the live demo of the alpha version of its decentralized, open-source social network to be held in...

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Economy

Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen

Asian stock markets retreated on Wednesday as investors turned cautious ahead of a closely watched U.S. Federal Reserve interest rate decision. Markets across the region tracked mild overnight losses on Wall Street, where...

ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines

The Asian Development Bank (ADB) has approved a $400 million policy-based loan designed to support the Philippines push to improve its business environment and attract more foreign investment. Although the country remains...

Global Forex Markets Brace for Fed Decision as Yen Extends Weakness

The Japanese yen continued to struggle on Wednesday, slipping further as investors remained focused on the widening interest rate gap between Japan and other major economies. Despite expectations that the Bank of Japan...

Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand

Silver prices skyrocketed to an all-time high on Wednesday, breaking above $60 an ounce as tightening supply expectations and stronger investor interest pushed the white metal to outperform gold. In early trading, spot...

U.S.-Indonesia Trade Deal Faces Uncertainty as Jakarta Reconsiders Key Commitments

A landmark U.S.-Indonesia trade agreement announced in July is now in jeopardy, as U.S. officials say Indonesia is stepping back from critical commitments made during negotiations. According to a U.S. official speaking on...

Politics

China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs

China has taken a major step to reinforce its domestic semiconductor industry by adding locally developed artificial intelligence chips to an official government procurement list for the first time, according to a report...

Musk Says Trump’s DOGE Initiative Fell Short and He Wouldn’t Lead It Again

Tesla CEO Elon Musk reflected on his time leading U.S. President Donald Trumps Department of Government Efficiency (DOGE), acknowledging that the initiative achieved only limited success. Speaking on a podcast with former...

US Criticizes China After Radar Incident Escalates Tensions With Japan

The United States has publicly criticized China for the first time after Chinese fighter jets reportedly aimed their radars at Japanese military aircraft during a training exercise near Okinawa last week. The incident,...

Australia Pushes Forward on AUKUS Submarine Program Amid Workforce and Production Challenges

Australia is intensifying efforts to advance the AUKUS nuclear submarine program, with Defence Minister Richard Marles stressing that the nation is being very self-critical as it works to overcome key challenges,...

Bolsonaro’s Defense Requests Hospital Transfer and Humanitarian House Arrest

Defense lawyers for former Brazilian President Jair Bolsonaro have formally requested that he be transferred from jail to a hospital to undergo surgical procedures, according to a document reviewed by Reuters. The legal...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies

EssilorLuxottica is doubling down on smart eyewear innovation, with its Ray-Ban Meta glasses delivering their first meaningful revenue boost since launch. These AI-powered frames, developed with Meta, aim to redefine...

Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market

Microsoft has announced more than $23 billion in new global artificial intelligence investments, with the majority directed toward India as the tech giant accelerates its presence in one of the worlds fastest-growing...

Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns

The Trump administration is facing strong backlash from China hawks and Democratic lawmakers after authorizing Nvidia, AMD, and Intel to sell advanced AI chipsspecifically Nvidias H200to China. President Donald Trump...

SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation

SpaceX is reportedly moving forward with early plans for a massive initial public offering that could raise more than $30 billion, potentially making it the largest IPO in history. According to a Bloomberg News report...

Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel

Adobe (NASDAQ: ADBE) is heading into its fourth-quarter earnings with a clearer generative AI strategy and improved communication, helping ease a year of investor uncertainty, according to a new note from Stifel analysts....