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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

Blockchain-based Petrobloq joins Enterprise Ethereum Alliance

Dec 05, 2017 06:16 am UTC| Digital Currency

PetroBLOQ, a collaboration formed by Petroteq Energy and First Bitcoin Capital Corp., has joined the Enterprise Ethereum Alliance (EEA). PetroBLOQ aims to develop a supply chain management platform based on blockchain...

Blockchain Revolution Series

De Beers announces blockchain-based diamond traceability platform

Dec 05, 2017 05:32 am UTC| Digital Currency

Diamond giant De Beers has announced a blockchain-based diamond traceability platform that would help create a tamper-proof and permanent record of interactions through the value chain. The announcement was made by...

Blockchain Revolution Series

Moscow announces blockchain e-voting pilot

Dec 05, 2017 03:53 am UTC| Digital Currency

Moscow has announced plans to implement blockchain technology in its e-voting system Active Citizen, becoming the first city in the world to implement the technology in e-voting on such a large scale. Blockchain...

Blockchain Revolution Series

Ethereum-powered startup Digix raises $1.25M from Asian VCs

Dec 05, 2017 03:11 am UTC| Digital Currency

Digix, a Singapore-based digital assets company, has raised $1.25 million in a seed funding round, IBTimes UK reported. The round was led by Japanese VC Global Brain and also saw contribution from blockchain-focused...

Blockchain Revolution Series

Russia’s Sberbank conducts blockchain-based payment transaction

Dec 04, 2017 08:58 am UTC| Digital Currency

Sberbank, one of the largest banks in Russia, has announced that it has conducted the countrys banking industrys first-ever pilot blockchain payment transaction. The participants involved in the pilot include MegaFon,...

Blockchain Revolution Series

video Blockchain-based ride sharing platform DACSEE raises $7.4M in angel round, launches pre-ICO

Dec 01, 2017 08:47 am UTC| Digital Currency

Decentralized Alternative Cabs Serving Empowering Everyone or DACSEE has announced that it has raised $7.4 million in its month-long angel round in which it sold all 180 million tokens. Following its successful angel...

Blockchain Revolution Series

Wall Street Blockchain Alliance welcomes Outlier Ventures as corporate member

Nov 29, 2017 10:11 am UTC| Digital Currency

Outlier Ventures, a blockchain and Web 3.0 venture capital firm, is the latest to join the Wall Street Blockchain Alliance (WSBA). The WSBA aims to guide and promote comprehensive adoption of distributed ledger...

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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...