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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

New York-based blockchain startup adds Nobel Laureate Oliver Hart and former Microsoft chief economist Dr. Preston McAfee as Senior Advisors

Aug 02, 2018 11:20 am UTC| Digital Currency

Prysm Group, a blockchain economics and governance design firm led by PhD-level economists, has appointed two renowned economists to its recently launched Board of Senior Advisors. Harvard Professor Oliver Hart and Dr....

Blockchain Revolution Series

IHS Markit estimates global blockchain business value to surge to $2 trillion by 2030

Aug 02, 2018 09:49 am UTC| Digital Currency

IHS Markit, a leading provider of critical information, analytics and solutions, has estimated that global blockchain business value to increase from $2.5 billion in 2017 to $2.0 trillion in 2030. Blockchain business...

Blockchain Revolution Series

Digital Currency Revolution

US Treasury department proposes regulatory sandbox to foster fintech innovation

Aug 02, 2018 06:16 am UTC| Digital Currency Fintech

The U.S. Department of the Treasury released a report earlier this week which highlights the improvements needed in the regulatory landscape to better support nonbank financial institutions, embrace financial technology,...

Blockchain Revolution Series

Blockchain entrepreneurs react to Bloomberg’s report on slowdown in blockchain space

Aug 02, 2018 05:16 am UTC| Digital Currency

In an article published earlier this week, Bloomberg said that blockchain-based projects may be suffering a slowdown. The article referred to a recent report from Forrester Research that estimated that in 90 percent of...

Blockchain Revolution Series

Shwe Bank to enable blockchain-based remittances in Myanmar-Thailand corridor via Everex partnership

Aug 02, 2018 03:29 am UTC| Digital Currency Fintech

Blockchain startup Everex has entered into a partnership with Myanmars Shwe Urban Rural Development Bank to facilitate blockchain-powered digital remittance services between Myanmar and Thailand. Back in 2016, the...

Blockchain Revolution Series

Overstock.com subsidiary to build blockchain land titling program for Zambian government

Aug 01, 2018 11:51 am UTC| Digital Currency Technology

Medici Land Governance (MLG), a blockchain-based property rights subsidiary of e-commerce giant Overstock.com, has signed a Memorandum of Understanding (MOU) with the government of Zambia to develop a program for...

Blockchain Revolution Series

City of Vienna collaborates with EY to use blockchain to enhance security of government data

Aug 01, 2018 10:22 am UTC| Digital Currency

EY has revealed the details of its collaboration with the City of Vienna that seeks to leverage blockchain technology to simplify and automate administrative processes. The company said that it has been working with the...

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Economy

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

South Koreas financial markets are staging a powerful comeback, drawing foreign investors back after a turbulent March that saw billions in capital flee. A combination of easing Middle East tensions, surging demand for AI...

U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

The United States and the Philippines are set to develop a massive 4,000-acre (1,620 hectares) industrial hub as part of a growing Washington-led effort to secure global AI and semiconductor supply chains. The announcement...

Singapore's Non-Oil Domestic Exports Surge 15.3% in March 2026 on AI Demand

Singapores non-oil domestic exports (NODX) posted a remarkable 15.3% year-on-year increase in March 2026, marking the seventh consecutive month of growth, according to Enterprise Singapore. The strong performance was...

Japan Eyes Private Credit as Key Pillar in New Financial Strategy

Japans financial regulator is positioning private credit as a cornerstone of its emerging national financial strategy, responding to surging corporate funding demand driven by record-breaking merger and acquisition...

Politics

House Republicans Near Deal on FISA Extension with Limited Reforms

Republican House leadership is reportedly moving closer to reaching an agreement on extending the Foreign Intelligence Surveillance Act (FISA), with a package of modest reforms attached. According to Politico, four...

Ukraine's Svyrydenko Returns from U.S. With Renewed Support and Diplomatic Momentum

Ukrainian Prime Minister Yulia Svyrydenko wrapped up a productive two-day visit to Washington, D.C., expressing confidence in U.S. support following high-level talks with Treasury Secretary Scott Bessent and other senior...

South Korea Denies U.S. Intelligence Restrictions Over North Korea Nuclear Site Disclosure

South Koreas Unification Ministry pushed back Friday against reports that Washington had expressed displeasure and threatened to limit intelligence sharing after a South Korean minister publicly identified a previously...

China Navigates Diplomatic Tightrope Between Iran Peace Efforts and Trump Summit

China is intensifying its push to end the Iran war while carefully balancing its relationship with Tehran ahead of a pivotal summit between President Xi Jinping and U.S. President Donald Trump scheduled for mid-May. As the...

Myanmar Grants Amnesty to Over 4,000 Prisoners Under New President Min Aung Hlaing

Myanmars newly elected President Min Aung Hlaing has approved the release of 4,335 prisoners, according to state broadcaster MRTV, marking the third amnesty issued in the country within six months. The announcement did not...

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

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...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...