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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

ECB Rate Hike Bets Rise as Inflation Risks Persist

Money markets are increasingly betting on a more hawkish European Central Bank as geopolitical tensions and persistent energy pressures threaten to keep euro zone inflation elevated. Traders now see the ECB deposit rate...

China EV Stocks Slide as Door Handle Recall Hits 4.3 Million Vehicles

China EV stocks fell on Monday after Tesla and several major Chinese automakers announced recalls affecting about 4.3 million vehicles over safety concerns involving electronic door handles. Xiaomi shares led the decline,...

UK Economy Shows Strength as Burnham Gets Early Boost

Britains economy is showing unexpected signs of strength, giving new Prime Minister Andy Burnham an early boost as improving business activity and consumer confidence offset concerns over inflation and strained public...

Indian Sugar Stocks Surge on Tight Supply, Festive Demand

Indian sugar stocks rallied sharply on Monday as strong domestic sugar prices and expectations of tighter supplies ahead of the festive season boosted investor interest in the sector. Bajaj Hindusthan Sugar led the gains,...

Dollar Near Multi-Month Lows as Treasury Buybacks Rattle Markets

The U.S. dollar hovered near multi-month lows on Monday as investors assessed the Treasury Departments plan to increase purchases of long-dated bonds while awaiting new Iran sanctions and key central bank speeches. The...

Politics

US Cancels South Korea Military Drill Amid Iran War

The United States has cancelled a major joint amphibious landing exercise with South Korea scheduled for next month, as the ongoing Iran war limits the availability of U.S. military forces, South Koreas Marine Corps said...

Donald Trump’s North Korea Outreach Raises Asia Alliance Concerns

U.S. President Donald Trumps renewed outreach to North Korean leader Kim Jong Un is raising concerns among key Asian partners as Washingtons allies reassess the reliability of U.S. security commitments across the...

US Sailor’s Father Detained by Immigration Authorities

The immigrant father of a U.S. Navy sailor serving aboard the USS Abraham Lincoln has been taken into federal immigration detention in Florida, according to his son and the Department of Homeland Security (DHS). Luis...

Israeli Strikes Kill Two in Gaza as Tensions Rise

Two Israeli airstrikes in the Gaza Strip killed at least two Palestinians, including a four-year-old boy, and wounded seven others on Sunday, according to Palestinian health officials, as Israel threatened to intensify...

North Korea Prepares More Troops for Russia, Seoul Says

North Korea is continuing preparations for a potential additional troop deployment to Russia, although there are currently no indications that forces will be sent imminently, according to an assessment from South Koreas...

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

Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone

Chinese smartphone giant Xiaomi unveiled its new Xring O3 processor on Monday, advancing its strategy to develop proprietary chips and reduce dependence on external semiconductor suppliers such as Qualcomm and MediaTek....

Countries Tighten Social Media Bans for Children

Governments worldwide are tightening social media restrictions for children as concerns grow over online safety, mental health, addictive features and exposure to harmful content. Australia became the first country to...

New Zealand Moves to Ban Social Media for Children Under 16

New Zealands conservative coalition government is moving to restrict social media access for children under 16, with a new bill set to be introduced in Parliament on Monday. The proposed legislation would impose strict...

Nvidia Eyes Perplexity Investment at $30 Billion Valuation

Nvidia is reportedly in talks to invest in artificial intelligence startup Perplexity as part of a multibillion-dollar funding round that could value the AI company at more than $30 billion. The potential Nvidia investment...

Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints

Samsung Electronics shares plunged as much as 8% in early Monday trading after the South Korean technology giants record shareholder-return plan fell short of investor expectations, particularly over share buybacks and the...