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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

PBOC Scraps Forex Risk Reserve as Yuan Rally Pressures Chinese Exporters

Chinas central bank has stepped in to curb the rapid rise of the yuan, signaling growing concern over the currencys sharp appreciation against the U.S. dollar. The Peoples Bank of China (PBOC) announced it will remove the...

ASX CEO Exit Signals Turbulent Transition Amid Lawsuit and Regulatory Scrutiny

The Australian Securities Exchange (ASX) is preparing for a leadership transition at a critical time, as outgoing CEO Helen Lofthouse announces her departure in May after 11 years with the company, including four as chief...

Argentina Tax Reform 2026: President Javier Milei Pushes Lower Taxes and Structural Changes

Argentine President Javier Milei has called for a sweeping overhaul of Argentinas tax system, emphasizing the need for lower taxes to stimulate economic growth. Speaking during the opening of the new congressional session...

Asian Stocks Tumble as US-Iran Conflict Escalates and Oil Prices Surge

Asian stock markets plunged on Monday as escalating tensions in the Middle East triggered a sharp rise in oil prices and fueled global risk aversion. Investor sentiment weakened after the United States and Israel launched...

Wall Street Futures Tumble as U.S.-Iran Conflict Escalates and Oil Prices Surge

Wall Street futures dropped sharply Sunday night after the United States and Israel launched coordinated strikes on Iran, intensifying geopolitical tensions and triggering a surge in oil prices. The sudden escalation...

Politics

Suspected Drone Strike Hits RAF Akrotiri Base in Cyprus, Causing Limited Damage

Britains Royal Air Force (RAF) base at Akrotiri in Cyprus was struck overnight in what authorities believe was a suspected drone attack, prompting heightened security measures but resulting in no reported casualties....

Marco Rubio to Brief Congress After U.S.-Israeli Strikes on Iran

U.S. Secretary of State Marco Rubio will brief leaders of the U.S. Senate and the House of Representatives at 4:00 p.m. ET on Monday, according to his public schedule. The congressional briefing comes after joint...

Israel Strikes Hezbollah Targets in Lebanon After Missile and Drone Attacks

Israel launched airstrikes across Lebanon on Monday, targeting positions linked to the Iran-backed Hezbollah group after the militant organization fired missiles and drones toward Israeli territory. The escalation marks...

U.S. Deploys Tomahawks, B-2 Bombers, F-35 Jets and AI Tools in Operation Epic Fury Against Iran

The United States launched a sweeping military operation against Iranian targets under Operation Epic Fury, deploying advanced weaponry that included Tomahawk cruise missiles, B-2 stealth bombers, F-35 and F/A-18 fighter...

Australia Rules Out Military Involvement in Iran Conflict as Middle East Tensions Escalate

Australia has confirmed it will not participate in any military operations in Iran, even if the escalating Middle East conflict intensifies. The announcement came after Israel launched new airstrikes on Tehran and Iran...

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

OpenAI Secures $110 Billion Funding Round at $840 Billion Valuation Ahead of IPO

OpenAI has raised a record-breaking $110 billion in fresh funding, pushing the ChatGPT makers valuation to an impressive $840 billion. The massive investment round, backed by SoftBank, Nvidia, and Amazon, highlights the...

Australia Targets AI Platforms With Strict Age Verification Rules

Australias internet regulator has warned that search engines and app stores could be required to block artificial intelligence services that fail to implement age verification systems by an upcoming compliance deadline....

AWS Data Center in UAE Hit by Fire After Objects Strike Facility Amid Regional Tensions

Amazon Web Services (AWS) confirmed that one of its data centers in the United Arab Emirates experienced a temporary power shutdown after objects struck the facility, causing sparks and a fire. The incident occurred at...

Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom

Samsung Electronics Co Ltd DRC (LON:0593xq) is rapidly regaining momentum as global demand for AI infrastructure and memory chips accelerates. According to recent analyst reports from Citi, Macquarie, and Morgan Stanley,...

OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute

OpenAI has confirmed that its newly signed contract with the U.S. Department of Defense (DoD) includes expanded safeguards designed to tightly regulate how artificial intelligence is deployed on classified government...