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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

ASX to reveal assessment on blockchain suitability to replace CHESS in December 2017

Sep 29, 2017 03:45 am UTC| Digital Currency

The Australian Securities Exchange (ASX) executives have given an update on their plans to replace Clearing House Electronic Subregister System (CHESS), its clearing and settlement system, using distributed ledger...

Blockchain Revolution Series

Chilean banking regulator SBIF joins R3 blockchain consortium

Sep 29, 2017 03:02 am UTC| Digital Currency

The Superintendency of Banks and Financial Institutions of Chile (SBIF) has joined the global blockchain consortium led by enterprise software company R3. The Chilean banking regulator has joined the consortium to stay...

Blockchain Revolution Series

Accenture and Hyperledger to co-host ‘Blockchain for Good Hackathon’ in Dublin

Sep 28, 2017 10:32 am UTC| Digital Currency

Consulting giant Accenture and Hyperledger, the Linux Foundation open source blockchain initiative, are going to co-host the inaugural Blockchain for Good Hackathon, scheduled to take place on September 30 and October 1 in...

Blockchain Revolution Series

US DHS awards $750K to Digital Bazaar to develop blockchain-based ID management solution

Sep 28, 2017 06:57 am UTC| Digital Currency

The U.S. Department of Homeland Security (DHS) has awarded $750k grant to a Virginia-based technology company Digital Bazaar. Founded in 2004, Digital Bazaar develops technology, services, and products that help...

Blockchain Revolution Series

Consulting giant Accenture joins Hashed Health blockchain consortium

Sep 28, 2017 05:12 am UTC| Digital Currency

Healthcare innovation firm Hashed Health has announced that Accenture has joined its blockchain consortium. Hashed Health is leading a consortium of healthcare companies focused on accelerating meaningful innovation...

Blockchain Revolution Series

Blockchain adtech company StormX welcomes Jaxx founder Anthony Di Iorio to Advisory Board

Sep 28, 2017 04:27 am UTC| Digital Currency

Jaxx Founder and CEO Anthony Di Iorio has joined StormXs advisory board which includes Bancor Co-Founder Guy Benartzi and Bittrex CEO Bill Shihara. Previously known as CakeCodes, StormX is a blockchain, adtech, and...

Blockchain Revolution Series

SEB, Nasdaq collaborate to develop blockchain solution for Swedish mutual fund market

Sep 28, 2017 02:58 am UTC| Digital Currency

Nasdaq and SEB have teamed up to test a developed prototype for mutual fund trading platform based on blockchain technology. The Swedish fund market is largely characterized by manual routines, long settlement cycles,...

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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...