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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

A token sale: Christie's to auction its first blockchain-backed digital-only artwork

Feb 26, 2021 14:45 pm UTC| Digital Currency Technology

Since May 2007, US-based digital artist Mike Winkelmann (who goes by the name Beeple) has posted a new artwork online every day. He posted the 5,000th one in January, and has now packaged them into an enormous digital...

Blockchain Revolution Series

Blockchain Revolution Series: India’s Leading IT Giant TCS Launches Quartz Smart Solution For Cryptocurrency Trading

Jul 09, 2020 09:14 am UTC| Digital Currency Commentary

TCS has recently come up with B⍺NCS the financial solutions under the flagship company of Tata Consultancy Services (TCS), who pioneered the worlds first overseas securities settlement deploying Quartz blockchain. For...

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...

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Economy

European Stocks Edge Higher as Bond Yields Ease

European stocks moved modestly higher on Thursday, attempting to recover from a sharp weekly sell-off as easing global bond yields and cautious Federal Reserve commentary provided some relief to risk assets. The...

India Services PMI Rises to 54.1 as Hiring Accelerates

Indias services sector expanded at a slightly faster pace in August, although weak growth in new business kept activity close to its lowest levels in more than four years, according to a private-sector survey. The HSBC...

China Services PMI Beats Forecasts as Domestic Demand Improves

Chinas services sector expanded at a faster pace in August, as stronger business activity, rising new orders and continued employment growth pointed to a modest improvement in domestic demand. The RatingDog Services PMI...

Australia Trade Surplus Beats Forecasts in July as Exports Fall

Australias trade surplus exceeded market expectations in July, although it narrowed from the previous month as exports declined faster than imports, according to data released Thursday by the Australian Bureau of...

Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets

Asian currencies strengthened against the U.S. dollar on Thursday, led by a sharp rally in the Japanese yen as traders increased bets on a Bank of Japan rate hike and remained alert to possible currency intervention....

Politics

Lula Runs Cautious Brazil Election Campaign as Bolsonaro Narrows Poll Gap

Brazilian President Luiz Inacio Lula da Silva is taking an unusually cautious approach to his re-election campaign ahead of Brazils October election, as right-wing Senator Flavio Bolsonaro closes the gap in opinion polls....

Texas Republicans Turn Against AI Data Centers as Election Backlash Grows

Texas Republicans are increasingly pushing for tougher AI data center regulations, highlighting a growing divide within the party as local opposition becomes a major issue ahead of the November elections. Texas Governor...

Pacific Islands Forum Seeks Unified Condemnation of China Missile Test

Pacific Islands Forum chair Surangel Whipps Jr. said Thursday he hopes the 18-member regional bloc can reach consensus on condemning Chinas recent ballistic missile test in the Pacific, as tensions between Beijing and...

Iran War Civilian Toll Rises After U.S. Strikes Hit Wedding

The renewed escalation of the Iran war has intensified concerns over civilian casualties after Iranian officials said 18 people were killed in the latest U.S. strikes, including four at a wedding near the Strait of Hormuz....

Maduro Seeks Dismissal of US Drug Trafficking Charges

Ousted Venezuelan President Nicolas Maduro has asked a U.S. federal judge to dismiss drug trafficking charges against him, arguing that he is protected from prosecution by head-of-state immunity. Maduros lawyer, Barry...

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

Deutsche Telekom Shares Rise as Elliott Pushes Against T-Mobile Merger

Deutsche Telekom shares climbed on Thursday after reports that activist investor Elliott Investment Management had accumulated a significant stake in the German telecom giant and was pushing the company to reconsider a...

Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada

A Thomson Reuters unit has disclosed a cybersecurity incident involving its C-Track court case management platform, affecting court systems across 11 U.S. states, the U.S. Virgin Islands and Canada. The company detected...

ByteDance Secures $29.6 Billion Loan to Boost AI Investment

ByteDance, the Chinese technology giant behind TikTok, has secured a $29.6 billion loan as it ramps up spending on artificial intelligence and data center infrastructure, Bloomberg reported Thursday, citing people familiar...

Microsoft to Reveal Azure Revenue in Major Reporting Shake-Up

Microsoft Corporation (NASDAQ: MSFT) plans to begin reporting standalone quarterly revenue for its Azure cloud business, giving investors greater visibility into one of the technology giants fastest-growing operations. The...

MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations

MongoDB (NASDAQ: MDB) shares plunged more than 14% in premarket trading Wednesday despite stronger-than-expected fiscal second-quarter 2027 results, as investors focused on the lack of growth acceleration in the companys...