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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

Bank of Canada, R3 publish whitepaper on blockchain research initiative ‘Project Jasper’

Oct 06, 2017 09:32 am UTC| Digital Currency

The Bank of Canada and enterprise software firm R3 have released a white paper on Project Jasper a Canadian experiment with distributed ledger technology (DLT) for domestic interbank payments settlement. The paper...

Blockchain Revolution Series

Air France explores blockchain potential for aircraft maintenance processes

Oct 06, 2017 06:49 am UTC| Digital Currency

Air France is exploring blockchain potential for the management of replacement parts on in-service airplanes, Aviation Today reported. Air France KLMs engineering and maintenance division is using its MRO Lab to...

Blockchain Revolution Series

Bank AlJazira teams up with ShoCard for blockchain identity management solution

Oct 06, 2017 06:00 am UTC| Digital Currency

Saudi Arabia-based Bank AlJazira , has partnered with ShoCard and Ateon to enhance its services, protect clients information, and avoid fraud. The partners are working to launch the first-of-its-kind use case in the...

Blockchain Revolution Series

Vinny Lingham’s Newtown Partners invests in blockchain startup Wala

Oct 06, 2017 05:14 am UTC| Digital Currency

Newtown Partners, a VC firm founded by Llew Claasen and Vinny Lingham, has made an equity investment in blockchain startup Wala. Founded in 2015, Wala is a blockchain-powered financial services platform for the unbanked...

Blockchain Revolution Series

InfoCorp Technologies, Maybank Singapore collaborate to bring blockchain mobile application to migrant workers

Oct 06, 2017 04:26 am UTC| Digital Currency

InfoCorp Technologies and Maybank Singapore have signed an MOU to provide financial inclusion to the unbanked in Singapore and the wider ASEAN region. Under this MOU, the first project to be launched will be InfoCorps...

Blockchain Revolution Series

Fujitsu, KPMG and 14 new members join Blockchain Research Institute

Oct 05, 2017 10:58 am UTC| Digital Currency

Blockchain Research Institute (BRI), a Canada-based blockchain research initiative led Don Tapscott and Alex Tapscott, has announced the addition of 16 new organisations as its founding members. With this, BRIs founding...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain adtech company StormX raises $16.5M in private pre-sale

Oct 05, 2017 09:16 am UTC| Digital Currency

StormX, a blockchain, adtech, and micro-task company, has raised approximately $16.5 million from accredited investors in a private pre-sale of its ERC-20 token, STORM token. Several members of StormXs Board of...

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Economy

Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets

Hopes for a restoration of normal energy shipping through the Strait of Hormuz collapsed within hours on Saturday after Iran reimposed tight restrictions on the vital maritime corridor, just a day after declaring it open....

Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions

The uranium market is entering a powerful new phase, with structural supply shortfalls and rising energy security concerns driving long-term bullish momentum. A recent special report from BCA Research confirms that the...

Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say

A new report from BCA Research suggests that the recent surge in energy prices, driven by ongoing Middle East tensions, is unlikely to spark a prolonged period of runaway inflation in major global economies. According to...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Politics

North Korea Fires Ballistic Missile Eastward Amid Rising Global Tensions

South Koreas Yonhap news agency reported on Saturday that North Korea launched an unidentified ballistic missile in an easterly direction. Military officials in Seoul are still analyzing the missiles type and flight...

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Science

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...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...