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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

Plazabridge Group CEO to participate in blockchain and IoT-focused IdeaConnection project

Dec 19, 2016 12:32 pm UTC| Digital Currency

Services and technology company Plazabridge Group announced that the companys CEO Teresa Spangler has been selected to participate in blockchain and IoT-focused IdeaConnection project inventions. I am thrilled to apply...

Blockchain Revolution Series

Jerry Cuomo pens Hyperledger blockchain project’s first year review

Dec 19, 2016 07:19 am UTC| Fintech

On the occasion of the first anniversary of the Hyperledger Project, Jerry Cuomo, IBM Vice President, Blockchain Technologies, penned down the projects round upfor this year, with a sneak peek into 2017. The Hyperledger...

Blockchain Revolution Series

ICAP to use blockchain for processing foreign exchange trades

Dec 19, 2016 06:19 am UTC| Digital Currency

ICAP, a leading markets operator and provider of post trade risk mitigation and information services, will start processing foreign exchange trades on blockchain and will supply the code to customers in March 2017, The...

Blockchain Revolution Series

ABN AMRO launches pilot blockchain for real estate transactions and exchange information

Dec 19, 2016 05:07 am UTC| Digital Currency

ABN AMRO, the Dutch state-owned bank that serves retail, private and corporate banking clients, has unveiled a pilot project in order to explore the applications of blockchain in real estate transactions record and...

Blockchain Revolution Series

Indian state introduces blockchain technology to fight cybercrime

Dec 16, 2016 09:39 am UTC| Digital Currency

Blockchain technology, that underpins digital currencies such as bitcoin, is being touted as the next big thing since the internet. While the technology has caught the imagination of major economies across the globe, India...

Blockchain Revolution Series

Deloitte VTC to drive digitisation in healthcare, blockchain could play key role

Dec 16, 2016 07:26 am UTC| Digital Currency

Virtual Technology Cluster Group (The VTC Group), an organisation which enables major multi-national companies to attract emerging and disruptive technology innovators into their supply chain, has partnered with...

Blockchain Revolution Series

Young’s Fine Art uses blockchain to record art transaction information and data

Dec 16, 2016 06:06 am UTC| Digital Currency

Youngs Fine Art Ltd, an England-based art company, has partnered with Shanghai Jiulian Technology Ltd to get involved in the development process of Bidpoc Project that uses blockchain technology to provide art transaction...

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Economy

Biden Administration Pauses Enforcement of Nippon Steel’s Bid for U.S. Steel

The Biden administration has decided to delay enforcing an executive order requiring Nippon Steel to withdraw its $14.9 billion bid for U.S. Steel. In a statement on Saturday, U.S. Steel revealed that the parties now have...

Commodities Set for Recovery in 2025 Amid Improved Economic Outlook

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UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty

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Moldova Criticizes Russia Amid Transdniestria Energy Crisis

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Geopolitical Shocks That Could Reshape Financial Markets in 2025

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Politics

Scott Bessent Prepares for Treasury Secretary Role, Plans Divestments

President-elect Donald J. Trumps nominee for Treasury Secretary, Scott Bessent, is preparing to divest from numerous funds and investments to avoid potential conflicts of interest, according to The New York Times. In a...

Biden Awards Presidential Medal of Freedom to Pope Francis

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Trump Envoy Meets Netanyahu to Advance Gaza Ceasefire Efforts

U.S. President-elect Donald Trumps Middle East envoy, Steve Witkoff, met with Israeli Prime Minister Benjamin Netanyahu on Saturday, focusing on efforts to secure a ceasefire in Gaza, Netanyahus office reported. Following...

Venezuela Condemns Sanctions Amid Maduro's Controversial Third Term

Venezuela criticized new sanctions imposed by the U.S., Britain, and the European Union after President Nicolas Maduro began a third term despite a six-month election dispute. General Domingo Hernandez Larez, head of...

Jack Smith Resigns as Trump Prepares Return to White House

U.S. Special Counsel Jack Smith, who led federal cases against Donald Trump, has resigned following the Republican president-elects win. Smiths resignation, effective Jan. 10, was revealed in a court filing seeking to lift...

Science

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

Energy Sector Outlook 2025: AI's Role and Market Dynamics

Raymond James analysts provided a cautious outlook for the energy sector in 2025, highlighting mixed market signals and emerging trends. Despite two years of underperformance, midstream stocks showed resilience in 2024,...

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...

Zuckerberg Meets Trump Amid Meta's Strategic Shift

Meta CEO Mark Zuckerberg reportedly met with U.S. President-elect Donald Trump at Mar-a-Lago on Friday, according to Semafor. Both Meta and Trumps transition team declined to comment on the meeting when approached by...

EU Approves Synopsys' $35B Acquisition of Ansys, Imposing Key Conditions

The European Commission has approved Synopsys (NASDAQ:SNPS) $35 billion cash-and-stock acquisition of Ansys (NASDAQ:ANSS), announced in January 2023, subject to specific conditions. Synopsys, a leader in chip design...

TSMC Begins 4nm Chip Production in Arizona, Bolstering U.S. Semiconductor Efforts

Taiwan Semiconductor Manufacturing Co. (TSMC) has started producing advanced 4-nanometer chips in Arizona, marking a milestone in the Biden administrations semiconductor strategy. U.S. Commerce Secretary Gina Raimondo...
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