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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

Digital Currency Revolution

How blockchain could be used to make trusts more transparent

Apr 08, 2016 16:45 pm UTC| Insights & Views Technology Digital Currency Law

Amid the outcry over David Camerons tax affairs is the UK prime ministers intervention in 2013 to block EU transparency rules regarding offshore trusts. It was decided that trusts should not be held to the same standards...

Blockchain Revolution Series

Digital Currency Revolution

Neurensic’s Innovation Lab To Bring AI To Blockchain Solutions

Apr 08, 2016 11:13 am UTC| Digital Currency

Neurensic, an artificial intelligence (AI) technology startup focused on software-as-a-service solutions for the financial services industry, has announced the formation of a new Innovation Lab, which will focus on...

Blockchain Revolution Series

Digital Currency Revolution

Leading Banks, DTCC, Markit Successfully Complete Blockchain Test For Credit Default Swaps

Apr 08, 2016 05:49 am UTC| Digital Currency

Seven firms, which includes four global financial institutions (Bank of America Merrill Lynch, Citi, Credit Suisse, J.P. Morgan), The Depository Trust Clearing Corporation (DTCC) and Markit, in collaboration with Axoni, a...

Blockchain Revolution Series

Digital Currency Revolution

13th Annual MIT Sloan CIO Symposium To Discuss Blockchain, IoT And More

Apr 07, 2016 12:09 pm UTC| Digital Currency

The 13th annual MIT Sloan CIO Symposium, a world class one-day conference, will be held on May 18, 2016 at the MIT Kresge Auditorium in Cambridge, MA. The symposium will focus on the theme, Thriving in the Digital...

Blockchain Revolution Series

Digital Currency Revolution

Japan Exchange Group And Nomura Research Institute To Begin PoC Tests For Blockchain

Apr 07, 2016 11:16 am UTC| Digital Currency

[The article has been updated to include NRIs collaboration withSBI Sumishin] Japan Exchange Group, Inc. (JPX) and Nomura Research Institute(NRI) have come together to start conducting proof of concept (PoC) tests for...

Blockchain Revolution Series

Digital Currency Revolution

Kapronasia Opens India Office To Push Financial Industry And Blockchain Research In Asia

Apr 07, 2016 10:21 am UTC| Digital Currency

Kapronasia, Asias leading provider of financial industry market research and consulting services, has opened a new office in New Delhi, India, in order to further expand its footprint in Asia and add to the companys...

Blockchain Revolution Series

Digital Currency Revolution

International Blockchain Week To Be Held In September

Apr 07, 2016 04:22 am UTC| Digital Currency

The Ethereum Foundation and Wanxiang Blockchain Labs have jointly announced the International Blockchain Week in Shanghai, which will take place atHyatt on the Bund, September 1924, 2016. The 6-day event will combine...

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Economy

China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations

Chinas central bank has introduced its new overnight reverse repo operation, setting the interest rate at 1.25%, according to a Reuters report citing people familiar with the matter. The move marks another step in the...

Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan

Japans government is preparing an ambitious long-term economic strategy aimed at achieving sustained annual real economic growth of more than 1%, according to a draft of its latest economic and fiscal policy framework. The...

China Expands Export Controls, Adds 20 Japanese Companies to Restricted List

China has expanded its export control measures by adding 20 Japanese organizations and companies to its restricted export list, marking another escalation in the ongoing diplomatic and trade tensions between Beijing and...

China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy

Chinas manufacturing sector is expected to return to modest growth in June, supported by resilient exports tied to the booming global artificial intelligence (AI) industry. However, economists caution that the recovery...

US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment

U.S. stock index futures moved higher late Sunday as investors reacted positively to reports that the United States and Iran had agreed to suspend recent military hostilities and resume diplomatic negotiations, easing...

Politics

Taiwan Coast Guard Officer Finds Strength in Faith as China Increases Pressure in Taiwan Strait

As tensions in the Taiwan Strait continue to rise, one Taiwan Coast Guard officer has found reassurance in an unusual combination of professional duty and spiritual faith. Yeh Chih-sheng, the first mate aboard Taiwan Coast...

Australia, Vanuatu Sign Security Pact Amid Pacific Influence Competition

Australia and Vanuatu have officially signed a long-awaited development and security agreement, reinforcing their strategic partnership while highlighting the growing geopolitical competition for influence in the Pacific...

Serbia Protests Continue as Thousands Rally Despite Vucic’s Resignation Plan

Thousands of demonstrators gathered in the central Serbian city of Kraljevo on Sunday, maintaining pressure on President Aleksandar Vucic just one day after he announced plans to resign within weeks and trigger early...

Iran Skips U.S. Technical Talks Over Unmet MoU Conditions and Frozen Funds Dispute

Iran did not participate in the technical talks scheduled for Sunday, citing recent military attacks on the country and unresolved conditions outlined in its memorandum of understanding (MoU) with the United States. The...

Trump Announces September Overhaul of Washington’s East Potomac Golf Links

U.S. President Donald Trump announced that a major renovation of Washingtons historic East Potomac Golf Links will begin on September 1, with plans to transform the century-old public golf course into what he described as...

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

Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices

Lenovo Group (HK:0992) shares tumbled nearly 10% in Hong Kong on Monday after the company said it expects DRAM and NAND memory prices to remain structurally higher for years, citing booming artificial intelligence (AI)...

Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand

Morgan Stanley has increased its second-quarter delivery forecast for Tesla Inc. (NASDAQ: TSLA), citing stronger-than-expected electric vehicle (EV) sales in Europe and China. The revised outlook reflects improving demand...

Open-Source AI Models Gain Ground as Enterprises Seek Lower-Cost Alternatives, Citi Says

Open-source artificial intelligence (AI) models are rapidly gaining traction as businesses search for cost-effective alternatives to proprietary AI systems, according to a new research note from Citi. The shift comes as...

Samsung, SK Hynix to Unveil $1.3 Trillion AI and Semiconductor Investment Plan

South Korean technology leaders Samsung Electronics and SK Hynix are reportedly preparing to announce investment plans worth a combined 2,000 trillion won (approximately $1.3 trillion) to strengthen the countrys...

UBS Raises TSMC Price Target to T$3,400 on Strong AI Chip Demand Outlook

Taiwan Semiconductor Manufacturing Company (TSMC) received a fresh vote of confidence from UBS after the investment bank raised its price target for the worlds largest contract chipmaker, citing robust artificial...