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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

Canadian blockchain firm to unveil 'Decentral Project' at Consensus afterparty

May 04, 2018 04:00 am UTC| Digital Currency

Decentral Founder CEO Anthony Di Iorio is going to make a major announcement at the official Consensus industry closing event. Canadian blockchain company Decentral has announced that it will be hosting the official...

Blockchain Revolution Series

Power Ledger commercially deploys blockchain energy trading platform in US

May 04, 2018 03:11 am UTC| Digital Currency

Australian blockchain energy trading firm Power Ledger, in collaboration with Clean Energy Blockchain Network, has announced the first commercial deployment in the U.S. Power Ledgers energy trading platform has been...

Blockchain Revolution Series

Innovation Alliance: aelf, Michael Arrington and others collaborate to boost commercial blockchain adoption

May 03, 2018 16:46 pm UTC| Digital Currency

Cloud computing blockchain network aelf has announced the creation of a new alliance in order to fast-track large corporations and startups on the road to blockchain adoption. Dubbed Innovation Alliance, the initiative...

Blockchain Revolution Series

Majority of CIOs have no interest in blockchain technology: Gartner

May 03, 2018 10:37 am UTC| Digital Currency

In a new survey, IT research and advisory company Gartner has found that there is a scarcity of current blockchain deployments. Gartners 2018 CIO Survey was conducted on more than 3,000 CIOs. According to the responses...

Blockchain Revolution Series

MAS to hold Singapore FinTech Festival in November, focus on blockchain, regtech and more

May 03, 2018 10:01 am UTC| Digital Currency

The Monetary Authority of Singapore (MAS) is going to hold the third edition of the Singapore FinTech Festival from 12 to 16 November 2018 in Singapore. The festival is organised by the MAS in partnership with The...

Blockchain Revolution Series

U.S. House Subcommittees to hold hearing on blockchain in supply chain management

May 03, 2018 09:01 am UTC| Digital Currency

Two U.S. House Subcommittees are going to hold a hearing on blockchain application in supply chain management next week. According to a notice published on the Subcommittee on Science, Space, and Technologys website,...

Initial Coin Offering Series

Blockchain Revolution Series

Invictus Capital to support blockchain entrepreneurs through Hyperion Fund

May 03, 2018 06:43 am UTC| Digital Currency

Crypto investment firm Invictus Capital has kicked off the priority sale for the Invictus Hyperion Fund on April 30, 2018. Announced earlier this year, the Hyperion fund is a syndicated venture capital fund focused on...

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Economy

South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge

South Koreas central bank is expected to place greater emphasis on inflation control after rising global oil prices triggered concerns that inflation could move above the Bank of Koreas 2% target. The warning came from...

Norway Core Inflation Hits 3.2% in April, Fueling Interest Rate Hike Expectations

Norways annual core inflation rate climbed to 3.2% in April, reinforcing expectations that the countrys central bank could maintain higher interest rates for a longer period. The latest figures, released by Statistics...

Goldman Sachs Delays Fed Rate Cut Forecast to 2026 Amid Rising Inflation Concerns

Goldman Sachs has pushed back its forecast for U.S. Federal Reserve interest rate cuts, now expecting reductions in December 2026 and March 2027 instead of the previously projected September and December 2026 cuts. The...

ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve

European Central Bank (ECB) governing council member Martin Kocher signaled that the ECB may soon need to adjust interest rates if inflation in the eurozone does not show meaningful improvement. His comments, published...

Indian Stock Market Drops as Iran Conflict Fuels Oil Price and Inflation Fears

Indian stock markets opened sharply lower on Monday as investors reacted to growing concerns over the economic fallout from the escalating Middle East conflict and rising crude oil prices. The Nifty 50 index declined 1.2%...

Politics

US Auto Industry Urges Trump to Block Chinese EV Market Access

As President Donald Trump prepares for a high-profile meeting with Chinese President Xi Jinping, pressure is mounting from U.S. automakers, lawmakers, unions, and manufacturers urging the administration to keep Chinese...

Trump-Xi Summit Sparks Renewed Hope for Americans Detained in China

Families of two Americans imprisoned in China for more than a decade are urging U.S. President Donald Trump to raise their cases during his meeting with Chinese President Xi Jinping. The detainees, Dawn Michelle Hunt and...

Trump Rejects Iran Proposal as Strait of Hormuz Crisis Pushes Oil Prices Higher

Oil prices surged Monday after former U.S. President Donald Trump rejected Irans latest response to a U.S.-backed peace proposal, raising fears that the ongoing Middle East conflict could intensify and further disrupt...

Taiwan Confident in Strong U.S. Relations Ahead of Trump-Xi China Summit

Taiwan Foreign Minister Lin Chia-lung said Monday that Taipei remains confident in the stable growth of Taiwan-U.S. relations as U.S. President Donald Trump prepares for a high-profile visit to China this week. Trump is...

Netanyahu Signals Plan to End Reliance on U.S. Military Aid Within 10 Years

Israeli Prime Minister Benjamin Netanyahu said Israel aims to gradually eliminate its dependence on U.S. military assistance over the next decade while expanding strategic partnerships with Gulf nations. In an interview...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Nintendo Shares Tumble as Weak Forecast and Rising Switch 2 Costs Worry Investors

Nintendo shares plunged on Monday after the Japanese gaming giant posted annual earnings that missed analyst expectations and issued a weaker-than-expected outlook for the current fiscal year. The disappointing forecast...

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...