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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

Asian Currencies Tumble as Indian Rupee Hits Record Low Amid Oil Market Turmoil

Asian currencies came under broad pressure Friday, with the Indian rupee sliding to a historic low as global markets grappled with escalating energy disruptions tied to the U.S.-Israel conflict with Iran. The selloff...

Dollar Surges to Three-Month High Amid Iran War Crisis and Energy Shock

The U.S. dollar climbed to its strongest level in over three months on Friday, marking its second consecutive weekly gain since the outbreak of war with Iran. As global markets buckled under geopolitical pressure, the...

Asian Markets Slide as U.S.-Israel-Iran Conflict Stokes Inflation Fears

Asian stock markets declined broadly on Friday, as ongoing tensions from the U.S.-Israel war on Iran continued rattling investor confidence across the region. Fears that energy-driven inflation could push the Federal...

Global EV Sales Slump in February as China Records Steepest Decline Since COVID-19

Global electric vehicle registrations dropped 11% in February, marking the second consecutive month of decline, according to data from Benchmark Mineral Intelligence (BMI). Worldwide sales barely cleared one million units ...

U.S.-China Trade Talks Head to Paris as Officials Push for Balanced Economic Relations

U.S. Treasury Secretary Scott Bessent is set to meet Chinese Vice Premier He Lifeng in Paris, France, from March 15 to 16, marking a significant step in ongoing efforts to stabilize the worlds most consequential bilateral...

Politics

US Prepares Record $14 Billion Taiwan Arms Deal Pending Trump's China Visit

A landmark arms package worth approximately $14 billion is awaiting President Donald Trumps approval, potentially making it the largest weapons deal ever offered to Taiwan. According to sources briefed on the matter, the...

New Iranian Supreme Leader Reported Injured Amid Ongoing U.S.-Israel Military Campaign

President Donald Trump stated that he believes Irans newly appointed Supreme Leader Mojtaba Khamenei is still alive but has sustained injuries, describing him as damaged during a Fox News interview on The Brian Kilmeade...

Brazil's Top Court Blocks Trump Official's Visit to Imprisoned Bolsonaro

Brazilian Supreme Court Justice Alexandre de Moraes has denied a request allowing Darren Beattie, a senior Trump administration official, to visit former Brazilian President Jair Bolsonaro in prison. The decision reversed...

TSA Funding Crisis Threatens Spring Break Travel as Senate Remains Deadlocked

The U.S. Senate failed Thursday to break a political standoff over Transportation Security Administration funding, raising serious concerns about airport security disruptions during one of the busiest travel periods of the...

Toronto Police Boost Security Ahead of Al-Quds Day Rally Amid Iran War Tensions

Toronto police announced Thursday they will significantly increase their presence across the city this weekend in response to expected protests tied to the ongoing Iran war. The announcement comes ahead of a scheduled...

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

ByteDance Expands AI Cloud Infrastructure Using NVIDIA Blackwell Chips in Southeast Asia

ByteDance, the Chinese tech giant behind TikTok, is reportedly building advanced cloud infrastructure powered by NVIDIAs latest Blackwell chips outside of China. According to a Wall Street Journal report, the company is...

X Agrees to Overhaul Blue Checkmark System in EU After €120 Million DSA Fine

Elon Musks social media platform X is set to revamp its verification system across the European Union after agreeing to submit remedies in response to a 120 million fine, Bloomberg News reported. The move comes after EU...

Meta Delays 'Avocado' AI Model Release After Falling Short of Rivals

Meta Platforms is pushing back the launch of a highly anticipated artificial intelligence model after internal testing revealed it couldnt keep pace with competing systems from Google and other leading tech companies. The...

Stryker Cyberattack Disrupts Operations Amid Iran-Linked Hacking Claims

Medical device giant Stryker confirmed Thursday that a cyberattack is causing significant disruption across its global operations, affecting its ability to process orders, manufacture products, and fulfill customer...

Adobe CEO Shantanu Narayen Steps Down After 18 Years as Company Beats Q1 Earnings

Adobe Systems announced Thursday that longtime CEO Shantanu Narayen will be stepping down after leading the company for nearly two decades, triggering a 7.2% drop in after-hours trading despite the software giant posting...