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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.

Initial Coin Offering Series

Blockchain Revolution Series

Highly anticipated KODAKCoin token offering to kick-off on May 21

May 11, 2018 04:25 am UTC| Digital Currency

The final phase of KODAKCoin token offering will kick-off on May 21, 2018. Photo giant Kodak unveiled its blockchain plans earlier this year when it announced a blockchain-powered image rights management platform ...

Blockchain Revolution Series

Japan’s SBI Group makes ‘eight-figure USD investment’ in Taiwanese blockchain startup OwlTing

May 11, 2018 03:34 am UTC| Digital Currency

SBI Crypto Investment, a wholly-owned subsidiary of Japans SBI Holdings, has made a strategic investment in Taiwanese blockchain startup OwlTing. While the investment amount has not been disclosed, the press release...

Blockchain Revolution Series

De Beers pilots blockchain traceability platform, tracks 100 diamonds

May 10, 2018 12:34 pm UTC| Digital Currency

Diamond giant De Beers has announced that it has successfully tracked diamonds using blockchain technology. In late 2017, the company had announced a blockchain-based diamond traceability platform. In an official...

Blockchain Revolution Series

Blockchain startup ConsenSys expands to Ireland, to open Dublin Innovation Studio in June

May 10, 2018 11:48 am UTC| Digital Currency

Blockchain startup ConsenSys is expanding its reach to Ireland with Dublin Innovation Studio, which is expected to open in June 2018. The new multi-functional facility will include a development lab, a centre for client...

Blockchain Revolution Series

Does latest trend of DLT impact securities market?

May 10, 2018 11:38 am UTC| Fintech Insights & Views

The securities laws and regulations would be an ongoing phenomenon to evolve in lockstep with the industry itself, as well as the role of technology solutions, so as to come up with some viable alternatives - not an easy...

Blockchain Revolution Series

House of Blockchain launches in Liechtenstein

May 10, 2018 10:42 am UTC| Digital Currency

Blockchain startup ternity, together with legal firm NGELE Attorneys at Law, has launched the House of Blockchain in Vaduz, Liechtenstein. The launch took place at an opening ceremony on Monday. During the event, Prime...

Blockchain Revolution Series

An Australian paradigm shift from "traditional banking to Fintech”

May 10, 2018 06:47 am UTC| Fintech

The banking system has constantly been developed with an assistance of FinTech universe. In the recent past, weve noticed that SWIFT and some international banks keen on the solutions for international payments and how the...

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Economy

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions

U.S. stocks ended Monday slightly lower as renewed uncertainty over the Middle East conflict pushed oil prices higher and weighed on technology shares. The SP 500 and Nasdaq Composite declined as investors grew less...

Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty

Wall Street stocks edged lower on Monday while oil prices jumped about 5% as investors weighed Federal Reserve interest rate expectations and uncertainty surrounding negotiations to reopen the Strait of Hormuz. The Dow...

UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing

British consumers increased spending on food, pubs and clothing in July, supported by Englands run to the World Cup semi-finals and unusually hot weather. However, shoppers remained cautious about larger purchases as...

Politics

North Korea Slams Japan’s 2026 Defense White Paper

North Korea has sharply criticized Japans 2026 Defense White Paper, accusing Tokyo of using concerns over Pyongyangs military activities to justify an expanding arms buildup and a more assertive defense posture. In a...

Russian Missile Attack on Kyiv Sparks Fires in City Centre

Russian forces launched a missile attack on Kyiv early Tuesday, triggering explosions and fires in the centre of the Ukrainian capital, according to local officials and witnesses. Kyivs military administration reported...

US Revokes Over 175,000 Visas Under Trump Immigration Crackdown

The U.S. State Department has revoked more than 175,000 visas held by foreign nationals under President Donald Trumps administration, marking a significant expansion of the governments immigration and visa enforcement...

Trump Demands Iran Pay Compensation Over Deaths and Injuries

U.S. President Donald Trump said Monday that he will demand compensation from Iran for people he says were killed or seriously wounded in conflicts involving Tehran, responding to Irans own push for compensation following...

South Korea, US Set Major Military Drills for August

South Korea and the United States will hold their annual Ulchi Freedom Shield (UFS) military drills from August 17 to 27, with this years exercises placing greater emphasis on countering drones, GPS interference and...

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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...