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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

Dubai to soon implement blockchain-based services

Jan 16, 2018 04:09 am UTC| Digital Currency

Smart Dubai, the government initiative to implement innovative technology, is closed to launching 20 blockchain applications in various civic agencies, a senior official said on Sunday. During her keynote speech at the...

Blockchain Revolution Series

South Korea to curb cryptocurrency speculation, but to support blockchain R&D

Jan 15, 2018 09:31 am UTC| Digital Currency

The South Korean government said on Monday that it will take strong measure to curb digital currency speculation and their use in illegal activities, but will encourage the development of underlying blockchain...

Blockchain Revolution Series

Bank of Lithuania to launch blockchain regulatory and technological sandbox ‘LBChain’

Jan 15, 2018 08:39 am UTC| Digital Currency

The Bank of Lithuania has announced a new regulatory and technological sandbox platform-service to encourage domestic and foreign companies to develop and test fintech blockchain solutions. Dubbed LBChain, the...

Blockchain Revolution Series

Baidu Trust: Chinese tech titan launches Blockchain-as-a-Service

Jan 15, 2018 05:48 am UTC| Digital Currency

Chinese search engine giant Baidu has launched Blockchain-as-a-Service (BaaS) platform and has rolled out a dedicated website https://chain.baidu.com/. Called Baidu Trust, the BaaS is a self-developed project based on...

Blockchain Revolution Series

Indian state of Maharashtra seeks to tap blockchain for data security

Jan 15, 2018 05:09 am UTC| Digital Currency

The government of Maharashtra, an Indian state, has decided to implement blockchain technology for securing online data, India Today reported. Principal Secretary of Information Technology department S.V.R. Srinivas...

Blockchain Revolution Series

Russia’s Sberbank opens blockchain lab

Jan 15, 2018 03:51 am UTC| Digital Currency

Sberbank, one of the largest banks in Russia, has announced the launch of a blockchain laboratory to explore the technology and develop blockchain solutions. According to the official release, the lab will focus on...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – January 12th, 2018

Jan 12, 2018 11:13 am UTC| Digital Currency

US SEC commends NASAAs warning on cryptocurrencies and ICOs The U.S. Securities and Exchange Commission (SEC) has echoed the recent warning on cryptocurrencies issued by the North American Securities Administrators...

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Economy

EU Probes Musk's X Over Talk With AfD Leader Amid Election Concerns

Elon Musks planned discussion with Alice Weidel, leader of Germanys far-right Alternative for Germany (AfD) party, on his platform X is under scrutiny by the European Commission. This comes ahead of Germanys upcoming...

Dollar Extends Weekly Gains Amid Strong U.S. Economic Data

The U.S. dollar is poised to extend its longest weekly winning streak in over a year, driven by rising bond yields and expectations of robust non-farm payroll data. The dollar index is on track for its sixth consecutive...

Trudeau Condemns Trump's Tariff Plan, Warns of Economic Fallout

Prime Minister Justin Trudeau voiced strong opposition to President-elect Donald Trumps proposed 25% tariffs on Canadian imports, warning they would harm both countries. Speaking to U.S. business leaders on Thursday,...

Oil Prices Climb Amid Winter Demand Surge

Oil prices rose over 1% on Thursday as cold weather across the U.S. and Europe increased demand for winter fuels. Brent crude climbed 1.29% to $77.14 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 1.15%...

Michael Saylor Sparks Bitcoin Buzz Amid US Government BTC Sale Concerns

Michael Saylor, Bitcoin advocate and MicroStrategys executive chairman, recently shared a bold message with the BTC community on X: Bitcoin is the right move. Accompanying his post was an AI-generated image featuring...

Politics

Trump Sentencing Marks Historic Moment Amid Political Controversy

US President-elect Donald Trump is set to be sentenced on Friday following his conviction for falsifying business records related to hush money payments to adult film star Stormy Daniels. This historic case, the first...

Canada's Liberal Party to Elect New Leader as Trudeau Steps Down Ahead of 2025 Election

Canadian Prime Minister Justin Trudeau announced his decision to step down as Liberal Party leader after nine years in power, following poor pre-election poll results. Trudeau will remain as prime minister and party leader...

California Wildfires Ignite Political Storm Amid Crisis

Los Angeles Mayor Karen Bass faced sharp criticism for her handling of devastating wildfires that have claimed five lives and consumed 31,000 acres, as President-elect Donald Trump blamed California Governor Gavin Newsom...

Kamala Harris and Joe Biden Cancel International Trips Amid California Wildfires

U.S. Vice President Kamala Harris has canceled her planned trip to Singapore, Bahrain, and Germany due to the devastating wildfires ravaging California, the White House announced Thursday. President Joe Biden similarly...

Trump’s Tariff Plans Could Shake Energy Markets

President-elect Donald Trumps proposed import tariffs could be a major disruptor for the energy sector, according to RBC Capital Markets analysts. Trump, taking office soon, has pledged sweeping tariffs, including a 10%...

Science

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Optimistic Outlook for Chipmakers in 2025 Driven by AI Demand

Mizuho analysts project a positive 2025 for chipmakers, supported by robust artificial intelligence (AI) demand, data center expansion, and advancements in networking and memory chips. This optimism persists despite...

TSMC December Sales Surge 57.8%, Driven by AI Demand

TSMC (NYSE:TSM), the worlds leading contract chipmaker, posted a 57.8% year-on-year jump in December sales, reaching T$278.16 billion ($8.44 billion). This sharp growth highlights robust demand from the booming artificial...

Tesla Unveils Redesigned Model Y in China to Compete in Crowded EV Market

Tesla has introduced a revamped Model Y in China, aiming to recapture market share from competitors like Xiaomi. Priced at 263,500 yuan ($35,900), the updated Model Y is 5.4% more expensive than its predecessor. Deliveries...

Elon Musk Offers Starlink Aid Amid LA Wildfires, Criticizes California's Crisis Management

Elon Musk announced that SpaceX would provide free Starlink terminals to wildfire-stricken areas in Los Angeles. The Tesla CEO shared on social media platform X that the terminals would be delivered by Thursday morning to...

Elon Musk’s Controversial EU Clashes Amid DSA Investigation

Elon Musk hosting Alice Weidel, leader of Germanys far-right Alternative for Germany (AfD) party, on his X platform has drawn scrutiny from the European Commission. This move coincides with heightened EU efforts to curb...