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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

Kazakhstan to host two-day Blockchain Conference in June

Mar 29, 2017 05:53 am UTC| Digital Currency

Astana, the capital of Kazakhstan, will be hosting Blockchain Conference Astana on 14-15 June, 2017. Kazakhstan has been chosen as the country has a great potential for development of the fintech industry. BConference...

Blockchain Revolution Series

IBM, Trafigura, Natixis collaborate to bring blockchain to crude oil industry

Mar 29, 2017 05:19 am UTC| Digital Currency

French investment bank Natixis, Singaporean multinational commodity trading company Trafigura, and technology giant IBM have pioneered the first blockchain solution in commodity trade finance for US crude oil...

Blockchain Revolution Series

Hyperledger blockchain project adds eight new members

Mar 29, 2017 04:44 am UTC| Digital Currency

Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish banking group, has become an official member of open-source collaborative blockchain project, Hyperledger. According to Hyperledger collaborative...

Blockchain Revolution Series

Blockchain application platform Lisk teams up with Taikonauten to rebrand ecosystem

Mar 29, 2017 04:04 am UTC| Digital Currency

Lisk, the blockchain application platform, has collaborated with distinguished design agency Taikonauten, in order to rebrand its ecosystem. With this partnership, the startup particularly aims to enhance the user...

Blockchain Revolution Series

Chamber of Digital Commerce welcomes OTC Exchange Network as member

Mar 28, 2017 12:55 pm UTC| Digital Currency

Institutional trading network and infrastructure provider OTC Exchange Network (OTCXN) that uses blockchain technology, announced that it has joined as a member of one of the leading trade association representing the...

Blockchain Revolution Series

Finance Bureau of Beijing official urges government to adopt blockchain standards

Mar 28, 2017 07:07 am UTC| Digital Currency

China should adopt a standardized approach to blockchain development, secretaryof Beijings Municipal Bureau of Finance Huo Xuewen said recently. In a speech published bySina Finance, Xuewen reflected on the technology...

Blockchain Revolution Series

Frost & Sullivan maps 130 blockchain startups into key activity areas

Mar 28, 2017 05:51 am UTC| Digital Currency

Leading consulting firm Frost Sullivan, together with Outlier Ventures a Europe-based dedicated blockchain venture builder, has evaluated the blockchain ecosystem and mapped 130 major blockchain startups into their key...

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Economy

Stock Futures Dip as Investors Await Key Payrolls Data

US stock futures declined early Friday as markets braced for the December nonfarm payrolls report, a pivotal indicator for Federal Reserve policy. By 03:28 ET, SP 500 futures slipped 0.2%, Nasdaq 100 futures dropped 0.3%,...

Autonomous Vehicles: The Next Technological Revolution

Autonomous vehicles (AVs) are poised to revolutionize transportation, much like the transition from horses to cars, according to Siddharth Mehta, Senior Director at AI computing firm Tenstorrent and former Waymo product...

Bitcoin Edges Higher Amid Jobs Report but Faces Weekly Decline

Bitcoin recorded modest gains on Friday following the release of Decembers stronger-than-expected jobs report, but it remains on track for significant weekly losses. Heightened concerns over slower U.S. interest rate cuts...

Elevated Stock Valuations and Rising Treasury Yields Pose Risks to US Equities

US equities face increasing risks as elevated stock valuations meet a less resilient economy, according to BCA Research analysts led by Peter Berezin. The SP 500 surged 23.3% in 2024, marking its strongest two-year...

US Job Growth Surges in December, Impacting Fed Rate Cut Outlook

The US economy defied expectations in December, adding 256,000 nonfarm payroll jobs, surpassing economists forecast of 164,000 and Novembers revised 212,000 increase. The unemployment rate dipped to 4.1%, down from...

Politics

Biden Calls for Enhanced Cybersecurity to Counter Escalating Threats

President Joe Biden is introducing an executive order to strengthen cybersecurity standards for federal agencies and contractors, targeting vulnerabilities exposed by recent cyberattacks linked to China. The order,...

Liberal Party Seeks Trudeau's Replacement as Leadership Race Heats Up

Canadas Liberal Party is in search of a new leader following Prime Minister Justin Trudeaus announcement to step down. The winner will be revealed on March 9. Top contenders include prominent figures with extensive...

Japan’s Foreign Minister to Attend Trump’s Inauguration

Japanese Foreign Minister Takeshi Iwaya is set to attend Donald Trumps January 20 inauguration for his second term as U.S. president, marking a historic first for a Japanese cabinet member. According to Japans Nikkei...

Biden Extends Deportation Relief for 900,000 Immigrants Ahead of Trump's Return

President Joe Bidens administration has renewed deportation protections for 900,000 immigrants from Venezuela, El Salvador, Ukraine, and Sudan through the Temporary Protected Status (TPS) program. This move extends their...

Maduro Sworn in for Controversial Third Term Amid Election Dispute

Venezuelan President Nicolas Maduro, in power since 2013, was inaugurated for a third term despite an ongoing election dispute and international backlash. The July election, declared in Maduros favor by Venezuelas...

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...