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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

AlipayHK, GCash roll out blockchain-powered cross-border remittance service

Jun 26, 2018 04:20 am UTC| Digital Currency

Ant Financial, an affiliate company of the Chinese Alibaba Group, has launched a blockchain-powered cross-border remittance service. The service leverages blockchain technology developed by Alipay, the online payment...

Blockchain Revolution Series

Meet ‘Liberdy’: A new player democratizing ad industry via blockchain

Jun 26, 2018 00:06 am UTC| Digital Currency

Liberdy, a blockchain-based ad data trading platform, is leveling the playing field for advertisers and disrupting the entire ad industry. The startup seeks to create a more democratic, and fair digital advertising...

Blockchain Revolution Series

Digital Currency Revolution

Global crypto influencers get together in Seoul for Blockchain Open Forum

Jun 22, 2018 12:26 pm UTC| Digital Currency

EconoTimes and TokenPost are going to host what could be the largest blockchain conference in South Korea till date. The 2018 Blockchain Open Forum will be held on June 28-29 in Seoul. With an impressive roster of...

Blockchain Revolution Series

World Economic Forum reckons blockchain startups as technology pioneers

Jun 22, 2018 12:26 pm UTC| Digital Currency

The World Economic Forum (WEF) has included a number of startups working with blockchain technologies in its Technology Pioneers cohort of 2018. This years cohort lists 61 early-stage companies that are pioneering new...

Blockchain Revolution Series

Chinese Academy of Sciences establishes Big Data and Blockchain Lab

Jun 22, 2018 06:13 am UTC| Digital Currency Technology

The Chinese Academy of Sciences has set up a new Big Data and Blockchain Lab, CoinDesk reported referring to report from Peoples Daily. The lab was announced during a seminar on June 15. It is being launched in...

Blockchain Revolution Series

Ethereum Foundation, OmiseGo and others support Stanford University’s Center for Blockchain Research

Jun 22, 2018 05:19 am UTC| Digital Currency

Stanford University has announced a new initiative to explore and better understand blockchain technology. The Center for Blockchain Research is led by Dan Boneh and David Mazières, both professors of computer...

Blockchain Revolution Series

Blockchain startup TradeIX attracts $16M in Series A round led by ING Ventures

Jun 22, 2018 04:18 am UTC| Digital Currency

Blockchain startup TradeIX has raised $16 million in a Series A round led by ING Ventures, the venture capital arm of ING Bank. Other investors in the round include Norwegian investment company Kistefos, BNP Paribas,...

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Economy

Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations

Shipping activity through the Strait of Hormuz has notably increased in recent days, appearing to validate statements made by U.S. President Donald Trump that Iran permitted a number of oil tankers to pass through the...

Time to buy local: war fuel price shocks reveal the folly of a long food supply chain

Most of our food travels many thousands of kilometres across Australia to reach our kitchens. We are highly dependent on a vast web of long-haul trucks to move food between growers, massive food distribution hubs and large...

Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?

Gold has long enjoyed a reputation as a financial safe haven during stormy times. But over the past few months of geopolitical chaos and market panic, the precious metal has moved more like a roller coaster than a steady...

WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions

Trade ministers from around the world convened Thursday in Yaoundé, Cameroon, for a critical four-day summit focused on reforming the World Trade Organization. The high-stakes gathering comes at a turbulent moment...

Japan Eyes Oil Futures Intervention to Stabilize Yen Amid Middle East Crisis

Japan is exploring an unconventional strategy to halt the yens ongoing decline directly intervening in global crude oil futures markets. The proposal, first reported by Reuters, signals Tokyos growing frustration as...

Politics

US Military Eyes 10,000 Troop Surge to Middle East Amid Iran Nuclear Tensions

The Pentagon is reportedly considering deploying up to 10,000 additional ground troops to the Middle East, according to a Wall Street Journal report citing Department of Defense officials familiar with the planning. The...

California Renames Cesar Chavez Day to Farmworkers Day Following Sexual Abuse Allegations

California lawmakers have officially voted to rename Cesar Chavez Day to Farmworkers Day after multiple women came forward with sexual abuse allegations against the late labor rights leader. Both the State Senate and...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Trump's Signature to Appear on U.S. Currency Starting Summer 2025

In a historic first, U.S. paper currency will carry President Donald Trumps signature beginning this summer, making him the first sitting president to sign American money. The Treasury Department announced the change...

CPAC 2026: Republicans Back Trump's Iran Strikes Amid Growing Public Skepticism

Republican leaders and conservative activists gathered at the 2026 Conservative Political Action Conference in Grapevine, Texas, rallying behind President Donald Trumps military strikes against Iran even as national polls...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...