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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

Can you truly own anything in the metaverse? A law professor explains.

Apr 23, 2022 08:32 am UTC| Technology Digital Currency

In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The...

Blockchain Revolution Series

PUBLISH, YFUND to launch world’s first principal and interest receivables NFT minting service

Feb 22, 2022 08:23 am UTC| Business Technology

PUBLISH announced today that it has partnered with YFUND to provide worlds first principal and interest receivables NFT issuance service. Specific areas of cooperation include the development of a platform for...

Blockchain Revolution Series

Australian Open offers fans chance to get art ball NFTs with real-time match data

Jan 10, 2022 23:48 pm UTC| Sports Digital Currency Economy

Australian Open organizers have partnered with Decentraland, Run It Wild, and Metakey to offer tennis fans the chance to purchase non-fungible tokens (NFTs) that automatically update with metadata collected from the first...

Blockchain Revolution Series

How Covid broke supply chains, and how AI and blockchain could fix them

Jan 10, 2022 13:05 pm UTC| Technology

When the coronavirus crisis erupted in 2020, it became apparent that the medical emergency was accompanied by severe shortages, especially in some medical devices. The pattern was first observed for ventilators: demand...

Blockchain Revolution Series

PUBLISH announces first cohort of PUBLISHalliance members to participate in closed beta of PUBLISH Link

Nov 13, 2021 07:07 am UTC| Business

PUBLISHalliance, a blockchain media consortium spearheaded by PUBLISH Inc, is pleased to welcome its first cohort of members that will participate in a closed beta of PUBLISH Link, an API enabling news media organizations...

Blockchain Revolution Series

TikTok is partnering with a blockchain start-up. Here's why this could be good news for artists

Aug 22, 2021 01:33 am UTC| Technology

On August 17, TikTok announced it will partner with Audius, a streaming music platform, to manage its expansive internal audio library. Audius was not the obvious choice for partnering with the short video giant. A...

Blockchain Revolution Series

NFTs hit the big league, but not everyone will win from this new sports craze

May 06, 2021 02:33 am UTC| Technology Digital Currency

Some buy sporting memorabilia for love. Others for money. The world record for most money paid for a sports-related item goes to the original Olympic manifesto written in 1892 by International Olympic Committee founder...

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Economy

Reebok stores in Russia up for sale, Turkish retailer FLO Magazacilik reportedly in talks to take over

Reebok is selling over 100 of its stores in Russia and Turkeys retail company, FLO Magazacilik, is currently in discussion for the acquisition of the properties. The talks were reportedly confirmed by the latters chairman,...

Samsung reportedly raising prices of its semiconductor products

Samsung Electronics Co. is reportedly mulling on hiking prices for its chips. It is considering up to a 20% increase, and this was first reported on Friday. The company is said to be currently in talks with foundry...

Court picks KG Group as SsangYong Motor preferred bidder

SsangYong Motor is in search of a new buyer after its acquisition deal with Edison Motors Company failed to push through. The race to acquire the South Koreabased automobile manufacturer opened again, and companies have...

Nike inks Stanford's Rachel Heck as first NIL golfer

US sportswear brand Nike has signed Stanford Universitys Rachel Heck as its first name, image, and likeness (NIL) golf athlete. Heck is presently ranked third in the World Amateur Golf Rankings, with significant...

S. Korea's blockchain gaming industry rattled by TerraUSD, Luna debacle

South Korean gaming firms that feature virtual coins and other blockchain functionalities remain on alert over the adverse effects of the recent collapse of the TerraUSD and Luna cryptocurrencies. Cryptocurrencies...

Politics

Joe Biden eases some policies on Cuba

US President Joe Biden and his administration made another reversal of some policies that were implemented under the Trump administration. This week, the Biden administration eased some of the policies regarding Cuba,...

North Korea: Kim Jong-un orders military to stabilize distribution of COVID-19 medicine

North Korea has been dealing with an outbreak of COVID-19 since it was first reported last week. North Korean leader Kim Jong-un has ordered his military to stabilize the distribution of medicine for COVID-19 in the...

Melania Trump says Anna Wintour is 'biased' as Jill Biden made Vogue cover

Former first lady Melania Trump did not have nice things to say about Vogues editor-in-chief Anna Wintour in her latest interview. Mrs. Trump called Wintour biased as her successor, Dr. Jill Biden, made the cover of the...

Russia-Ukraine conflict: Ukraine says it repelled Russian incursion in Sumy region

The war in Ukraine moves into another week, with Ukrainian soldiers launching their counteroffensive on Russian forces. Ukraine said that its border guards managed to drive out a Russian incursion in the northeastern...

Science

Hyundai Mobis’ monitoring system reduces drowsy driving risks by 30%

Hyundai Mobis Co. has come up with an in-house brainwave-based driver monitoring system that can reduce the risk of drowsy driving by up to one-third. The system, dubbed M.Brain, is a wearable earpiece that continuously...

California start-up Bionaut Labs to send tiny robots on voyage into brains

California start-up Bionaut Labs will conduct its first clinical trials on sending miniature robots deep inside the human skull to treat brain disorders The tiny injectable robots can be guided through the brain using...

Kirin, Meiji University develop electric chopsticks that make low-salt food taste salty

Food producer Kirin and Meiji University have developed a pair of chopsticks that stimulate the taste of salt in foods with low salt content through extensive research. This technology, which has yet to be named,...

Japanese researchers develop plastic with self-repairing powers

Japanese researchers have found a way to create self-repairing plastics that can be used in many products and reduce the amount of waste now polluting the planet. It might have practical applications for home...

Osaka University team proves safety of iPS-based cornea transplant

An Osaka University research team has concluded that the worlds first clinical trial, transplanting corneal tissues derived from induced pluripotent stem cells, or iPS cells, was safe and effective. According to the...

Technology

Bloober Team CEO responds to ‘Silent Hill 2’ remake rumors

Silent Hill is once again making headlines with rumors that multiple projects for the franchise are in the pipeline. The reports said Bloober Team is working on a remake of Silent Hill 2, but CEO Piotr Babieno said they...

YouTube Music for Wear OS adds support for Wi-Fi, LTE streaming

Google previously promised to make YouTube Music for Wear OS function more independently on smartwatches even when users do not have their phones nearby. That will come true this week as the company announced the imminent...

Sony unveils revamped PS Plus games lineup and free trials

There is only a week left before the all-new PS Plus goes live in some regions. Sony released a preview of popular first-party and third-party games available to download at launch. While the list of games with free trials...

AirPods could also shift to USB-C port in the ‘foreseeable future’

More reports have emerged suggesting that Apple is a step closer to ditching the Lightning port for USB-C. And analyst Ming-Chi Kuo provided more insight on the matter, noting that the tech giant is also planning on...

Netflix could launch live streaming for its platform

Netflix is reportedly developing a new way to deliver content to its subscribers. The streaming giant is said to be in the early stages of experimenting with live streaming, although it is still uncertain when and if it...
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