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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

Three ways blockchain could get the world to act against the climate crisis

Jun 13, 2020 11:07 am UTC| Technology Digital Currency

The world has failed to halt global warming. Four years after the signing of the Paris Agreement, most experts predict global warming will exceed the agreed thresholds, with disastrous consequences. As much as the world...

Blockchain Revolution Series

Blockchains can trace foods from farm to plate, but the industry is still behind the curve

May 20, 2020 15:33 pm UTC| Technology

Food supply chains were vulnerable long before the coronavirus pandemic. Recent scandals have ranged from modern slavery in Vietnamese fisheries to the persistent problem of child labour in the cocoa industry. Perhaps the...

Blockchain Revolution Series

Blockchain Revolution Series: WEF To Give Blueprint For Decentralised Economy

May 14, 2020 09:17 am UTC| Research & Analysis Digital Currency

The World Health Organization (WHO) scheduled a media briefing yesterday to give update the public on the COVID-19 coronavirus pandemic. Lockdowns are not one-size-fits-all, nor a comprehensive solution for fighting...

Blockchain Revolution Series

Blockchain Revolution Series: Xpring To Give New Dimension To Ripple

Apr 16, 2020 08:04 am UTC| Research & Analysis Digital Currency

XRP ledger has various versions, namely, xRapid, xCurrent, their development team at Ripples Xpring, has now, designed and developed latest features to the XRP protocol with an objective of enhancing blockchain-based use...

Blockchain Revolution Series

Blockchain Revolution Series: Lukka Partners With US Accounting Giant RSM

Apr 13, 2020 08:05 am UTC| Research & Analysis Digital Currency Insights & Views

Lukka has partnered with RSM to provide crypto tax software solutions to the firms tax clients. Lukka, which is blockchain-based firm is associating with RSM, which is US-based renowned accounting firm, to serve their...

Blockchain Revolution Series

Blockchain Revolution Series: Citigroup Ventures With Ethereum-Based Komgo To Target Trade Finance Domain

Mar 23, 2020 07:20 am UTC| Research & Analysis Digital Currency

One of the reputed global banking giant, Citibank has geared-up with its investment in the Ethereum-based decentralized trade financing start-up Komgo. The global head of commodity trade finance at Citigroup, Mr. Kris...

Blockchain Revolution Series

Blockchain Revolution Series: Toyota Unveils Blockchain Lab On Extensive Research

Mar 17, 2020 05:57 am UTC| Research & Analysis Digital Currency

The prime objective of Toyotas expedition into the budding blockchain technology appears to be transforming their target towards becoming an extensive and holistic Mobility Company, rendering wide-range of services in...

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Economy

Diesel Price Surge Threatens Global Economy Amid Middle East Conflict

Rising diesel prices are sending shockwaves through the global economy as ongoing conflict in the Middle East tightens supplies of both the fuel itself and the crude oil used to produce it. Traders and analysts warn the...

U.S.-Israel War on Iran Sends Crude Oil Prices Surging Amid Strait of Hormuz Tensions

West Texas Intermediate crude oil prices climbed $2.90 per barrel, or 3.5%, to $86.33 in early Wednesday trading as Gulf oil supplies remained severely disrupted by the ongoing U.S.-Israeli military campaign against Iran....

U.S. Markets Slip Amid Iran Conflict Uncertainty as Oil Prices Retreat

U.S. stocks closed marginally lower on Tuesday as investors continued to weigh the risks of an escalating conflict in Iran. Despite gains in communication services stocks, broader sentiment remained cautious. Oil prices,...

German Exports Drop 2.3% in January, Exceeding Forecast Decline

Germanys export sector started 2024 on a weak note, with outbound shipments falling 2.3% in January compared to December, according to data released Tuesday by Destatis, the federal statistics office. The...

RBA Rate Decision: Deputy Governor Signals Genuine Debate Ahead of March Meeting

The Reserve Bank of Australia is heading into its March 17 board meeting with no clear consensus on interest rates, according to Deputy Governor Andrew Hauser. Speaking to The Conversation on Tuesday, Hauser acknowledged...

Politics

Boeing Secures $289 Million Smart Bomb Contract With Israel

Boeing has signed a $289 million defense contract with Israel to supply up to 5,000 air-launched smart bombs, according to a source who spoke with Reuters. The deal covers Boeings Small Diameter Bomb, a precision-guided...

Trump Announces New U.S. Oil Refinery in Texas with Indian Energy Giant Reliance

President Donald Trump announced Tuesday the launch of a major new oil refinery project in Brownsville, Texas, marking a significant milestone for American energy production. Shared via his Truth Social platform, Trump...

Iran Mines Strait of Hormuz: Crude Oil Prices Surge Amid Middle East Tensions

Oil prices reversed course and climbed sharply on Tuesday following a CNN report revealing that Iran had begun deploying naval mines in the Strait of Hormuz a critical global shipping lane responsible for transporting...

U.S. Senate Greenlights AI Chatbots for Official Staff Use

The United States Senate has officially approved three major artificial intelligence chatbots for use by congressional staff, marking a significant step in the adoption of AI technology within the federal government....

Russian Drone Strikes Hit Kharkiv and Dnipro, Injuring Over 20 Civilians

Russian drone attacks targeted two major Ukrainian cities late Monday and into the early hours of Tuesday, leaving more than 20 people injured and causing widespread property damage. The strikes hit Kharkiv, Ukraines...

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

Microsoft Backs Anthropic in Legal Fight Against Pentagon's AI Blacklist

Microsoft has stepped into a high-profile legal battle between AI startup Anthropic and the U.S. Department of Defense, filing an amicus brief in federal court in San Francisco to support Anthropics request for a temporary...

Oracle Stock Surges as AI Data Center Boom Drives Revenue Beat and Bullish 2027 Outlook

Oracle shares jumped 8.3% in after-hours trading after the enterprise technology giant delivered stronger-than-expected quarterly results and raised its fiscal 2027 revenue forecast, signaling that its aggressive bet on AI...

Amazon Engineers Investigate AI-Linked Outages as GenAI Coding Tools Raise Reliability Concerns

Amazon has convened a large group of engineers to investigate a pattern of service disruptions tied to artificial intelligence, according to a report by the Financial Times. The internal meeting was prompted by what the...

Chinese AI Stocks Surge as Tencent, MiniMax, and Zhipu Launch Agentic AI Programs

Chinese artificial intelligence stocks climbed sharply on Tuesday, driven by growing investor enthusiasm around agentic AI a rapidly emerging category of software capable of performing complex tasks autonomously on user...

Apple Bets Big on India: iPhone Production Hits 55 Million Units as China Reliance Fades

Apple has dramatically scaled up iPhone manufacturing in India, assembling approximately 55 million units throughout 2025 a striking 53% jump from the 36 million produced the year prior. The surge signals a decisive...