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Blockchain Revolution Series

©Econometrics LLC . All Rights Reserved.

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

Digital Currency Revolution

ECB officials see tremendous potential in blockchain technology

Jan 02, 2018 06:18 am UTC| Digital Currency Fintech

The executive board members of the European Central Bank (ECB) have highlighted the potential of blockchain technology for banks and market infrastructures, while reflecting on the prospect of central bank digital...

Blockchain Revolution Series

Waves announces ‘Basics Fund’ to support blockchain startups

Jan 02, 2018 05:32 am UTC| Digital Currency

Blockchain platform Waves has announced a new venture capital fund that will support the development of blockchain solutions and projects. Dubbed Basics Fund, the initiative is seeking an initial $10 million in...

Blockchain Revolution Series

Central Bank of Azerbaijan seeks to tap blockchain for relations between banks and customers

Jan 02, 2018 04:11 am UTC| Digital Currency

TheCentral Bank of Azerbaijan (CBA) is seeking to tap blockchain technology to build a digital identification system for regulating the relations between banks and customers, according to the central banks statement...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – December 29th, 2017

Dec 29, 2017 11:51 am UTC| Digital Currency

South Korea moves to curb speculation in cryptocurrency trading The South Korean government on Thursday announced its plans to impose more regulations to curb speculation in cryptocurrency trading in the country,...

Blockchain Revolution Series

Sirin Labs attracts $157M in ICO for blockchain smartphone and PC

Dec 29, 2017 05:34 am UTC| Digital Currency

Sirin Labs, a tech startup working to build an open source blockchain smartphone, has raised over $157 million in its initial coin offering (ICO), marking the fourth largest crowdsale in history. The amount raised...

Blockchain Revolution Series

SBI Ripple Asia announces Credit Card Industry Consortium ‎

Dec 29, 2017 04:45 am UTC| Digital Currency

SBI Ripple Asia, the joint venture between Ripple and SBI Holdings, has announced the formation of a Credit Card Industry Consortium, Finance Magnates reported. SBI Ripple Asia has entered into partnership agreement...

Blockchain Revolution Series

Russia’s NSD details first blockchain-based transaction between MegaFon and Raiffeisenbank

Dec 28, 2017 08:37 am UTC| Digital Currency

Russias National Settlement Depository (NSD) has announced the details of the countrys first transaction issuing commercial bonds based on the blockchain technology. The transaction was supported by MegaFon and...

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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...