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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

What are NFTs and why are people paying millions for them?

Mar 18, 2021 14:30 pm UTC| Technology Digital Currency

Last week, Christies sold a digital collage of images called Everydays: The First 5000 Days for US$69.3 million dollars. This week, Elon Musk said hes selling a tweet of his as an NFT, which contains a song about...

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...

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Economy

Fed’s Logan Signals 50 Basis Points More in Rate Hikes

Dallas Federal Reserve President Lorie Logan said Thursday that U.S. interest rates may need to rise by at least another 50 basis points as inflation remains above the Federal Reserves 2% target, although surging Treasury...

Asian Stocks Fall as US Jobs Data and Oil Risks Rattle Markets

Asian stocks declined on Friday as investors braced for crucial U.S. jobs data while volatility in global bond and currency markets and rising Middle East tensions kept risk appetite subdued. MSCIs broadest index of...

Yen Strengthens on Tokyo Inflation as Dollar Awaits US Jobs Data

The Japanese yen strengthened on Friday after hotter-than-expected Tokyo inflation data increased expectations for further Bank of Japan interest rate hikes, while the U.S. dollar paused ahead of the closely watched...

Gold Prices Steady as Markets Await U.S. Jobs Data

Gold prices were largely unchanged on Friday as investors awaited key U.S. employment data for fresh signals on the Federal Reserves interest-rate outlook, while a strong dollar and elevated Treasury yields kept pressure...

Tokyo Inflation Jumps to 2.7%, Boosting BOJ Rate Hike Expectations

Tokyo consumer inflation accelerated sharply in September, with core prices rising more than economists expected and strengthening expectations that the Bank of Japan (BOJ) could continue raising interest rates as...

Politics

US Waives Egypt Military Aid Conditions Over Iran War Role

The United States has waived human rights conditions tied to $320 million in military aid for Egypt, citing Cairos security cooperation and its role following the start of the US-led war against Iran. Secretary of State...

Tsai Ing-wen to Visit US for Stanford Security Conference

Former Taiwan President Tsai Ing-wen will travel to the United States next week to speak at a Stanford University technology and national security conference, marking her first U.S. visit since leaving office in 2024. Tsai...

South Korea Warns Ukraine Over North Korean POW Dispute

South Korean President Lee Jae Myung warned Friday that Seoul could take additional measures against Ukraine unless Kyiv acknowledges an alleged confidentiality agreement involving two North Korean prisoners of war and...

Iran Plans Stronger Response if US Attacks Resume

Iran is preparing for a broader military response if the United States resumes large-scale attacks, even as Tehran keeps diplomatic channels open in an effort to prevent another major escalation. Senior Iranian commanders...

Brazil Presidential Debate Canceled as Lula, Bolsonaro Skip Event

Brazils final major presidential debate was canceled on Thursday after President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro, the two leading candidates in the polls, decided not to participate just days before...

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

SoftBank Shares Fall After $10 Billion OpenAI Investment

SoftBank Group shares dropped sharply on Friday after the Japanese technology conglomerate completed the final portion of its latest OpenAI investment, lifting its total investment in the artificial intelligence company to...

Amazon Eyes $8 Billion Nvidia Chip Spinoff to Fund AI Expansion

Amazon is exploring a plan to transfer roughly $8 billion worth of advanced Nvidia artificial intelligence chips to outside investors as the technology giant looks for new ways to finance its rapidly expanding AI...

California AG Subpoenas OpenAI Over AI Cybersecurity Incidents

California Attorney General Rob Bonta served OpenAI with an investigative subpoena Wednesday, escalating a state investigation into cybersecurity incidents involving the artificial intelligence company and its models. The...

WordPress Malware Uses Ethereum to Evade Removal

Security researchers have uncovered a persistent WordPress malware strain that uses Ethereum infrastructure for command-and-control communications, making infected websites unusually difficult to clean. According to...

DogeOS Launches Testnet to Bring DeFi Apps to Dogecoin

DogeOS has launched a public testnet designed to bring Ethereum-style decentralized finance applications to Dogecoin, potentially expanding DOGEs utility beyond payments and price speculation. The Ethereum-compatible...