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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

JPMorgan Sees ECB Raising Rates to 2.75% in December

JPMorgan now expects the European Central Bank (ECB) to raise interest rates for a third time in December, lifting its policy rate to 2.75% as persistent inflation, higher energy costs and resilient eurozone growth...

Asian Currencies Rise as Yen Surges on Fed Rate Outlook

Asian currencies strengthened on Friday, led by a sharp rally in the Japanese yen as the U.S. dollar weakened following dovish comments from Federal Reserve Governor Christopher Waller. The yen was heading for a weekly...

US Oil Blockade Deepens Iran’s Economic Crisis

Iran is facing mounting economic strain as a U.S. campaign targeting its oil exports, financial networks and sanctions-evasion channels increasingly restricts Tehrans access to foreign currency and essential imports,...

U.S. Payrolls Seen Rebounding in August as Labor Market Stays Soft

U.S. payroll growth is expected to have recovered in August as local government education employment rebounded, although job losses linked to changes in immigration protections could limit overall gains. Economists...

Gold Prices Hold Near $4,500 as Fed Rate Hike Bets Ease

Gold prices hovered near $4,500 an ounce on Thursday, extending a strong rebound as Federal Reserve Governor Christopher Wallers comments reduced expectations for a September interest rate hike. A softer U.S. dollar and...

Politics

Milei Threatens Falkland Oil Firms With Sanctions

Argentine President Javier Milei has threatened sanctions against oil companies operating around the Falkland Islands, escalating Argentinas long-running sovereignty dispute with Britain over the South Atlantic territory....

South Korea, US Discuss Chip Investments Amid Tariff Plans

South Korea and the United States are holding discussions over semiconductor investments in U.S. manufacturing as the two countries navigate broader economic and trade negotiations, a senior Seoul official said Friday. The...

Trump Seeks Europe Repayment for U.S. Ukraine Military Aid

U.S. President Donald Trump said Thursday he plans to ask European nations to reimburse the United States for military aid and munitions previously supplied to Ukraine, while signaling that U.S. weapons sales to allies...

Brazil Warns EU of Retaliation Over Animal Products Ban

Brazil has warned that it could impose reciprocal measures against the European Union if negotiations fail to resolve a new EU ban on Brazilian animal products, raising the prospect of fresh trade tensions between the two...

Pacific Leaders Raise Alarm Over China Missile Test as Nauru Dissents

Pacific Island leaders have raised concerns over Chinas latest intercontinental ballistic missile (ICBM) test in the Pacific, although Nauru formally rejected the regional blocs position during an annual summit in Palau....

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

Anthropic Nears $15 Billion Credit Deal Ahead of IPO

Anthropic is reportedly close to finalizing an expansion of its revolving credit facility to $15 billion, strengthening the artificial intelligence companys financial position ahead of its widely anticipated initial public...

Xiaomi Shares Jump on Europe EV Expansion Plan

Xiaomi shares climbed sharply on Friday after the Chinese technology giant confirmed plans to begin selling its electric vehicles in Europe in 2027, marking a major step in its international EV expansion. Xiaomi Corp...

Nvidia Eyes $2.5 Billion Investment in Thinking Machines Lab

Nvidia is reportedly in discussions to invest about $2.5 billion in Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, as the chip giant continues to expand its...

Chinese AI Stocks Rally After OpenAI Launches GPT-6 Astra

Chinese AI stocks rallied on Friday after OpenAI unveiled GPT-6 Astra, its latest artificial intelligence model, fueling investor optimism over accelerating AI development and the commercial potential of advanced AI...

OpenAI Launches GPT-6 Astra With Advanced AI Agent Capabilities

OpenAI unveiled GPT-6 Astra on Thursday, describing it as its most capable artificial intelligence model yet as the company confronts growing concerns over the safety and control of increasingly autonomous AI systems. The...