Become a contributor

Bookmark Econotimes

Sun, Jan 12, 2025 03:02 PM All times are UTC

Follow Series

Blockchain Revolution Series

©Econometrics LLC . All Rights Reserved.

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

Annual revenue for enterprise applications of blockchain to hit $19.9B by 2025 – Report

Dec 16, 2016 05:02 am UTC| Digital Currency

Research and Markets, one of the largest market research resource, has released a report on Blockchain for Enterprise Applications that examines market trends, technology issues, key use cases, and industry players in the...

Blockchain Revolution Series

Blockchain startup Wyre raises $5.8m, launches cross-border payments platform

Dec 16, 2016 04:47 am UTC| Digital Currency

Wyre, a San Francisco-based blockchain startup, has raised $5.8 million in Series A funding led by Chinese Venture firm Amphora Capital with participation from two of the largest payments companies in China 9fBank and...

Blockchain Revolution Series

US banking giant Citi invests in blockchain startup Cobalt DL

Dec 15, 2016 12:40 pm UTC| Digital Currency

Blockchain-based FX post-trade processing network Cobalt DL announced that it has secured Citi as an investor and that the financial firm has become one of the launch clients for their Cobalt FX post-trade...

Blockchain Revolution Series

LeFinance partners with Stellar to use blockchain for seamless customer experience

Dec 15, 2016 11:57 am UTC| Digital Currency

Beijing-based technology and content titan LeEcos online payments and banking subsidiary LeFinance has partnered with Stellar Development Foundation for cross-border payments and to improve the connectivity and reach of...

Blockchain Revolution Series

IEEE Computer Society expects blockchain technology to reach adoption in 2017

Dec 15, 2016 07:21 am UTC| Digital Currency

IEEE Computer Society, the computing industrys leading source for technology information and career development, believes that blockchain technology, among others, will reach adoption next year. In its technology...

Blockchain Revolution Series

U.K. startup Electron seeks to leverage Ethereum blockchain in energy sector

Dec 15, 2016 06:47 am UTC| Digital Currency

U.K.-based firm Electron has built a demo platform on Ethereum blockchain and in a dummy representation of the countrys energy market, it showed that energy supplier switches can be executed up to 20 times faster than...

Blockchain Revolution Series

Blockchain startup Bitwage wins French Tech Ticket competition

Dec 15, 2016 05:57 am UTC| Digital Currency

Bitwage, a blockchain-powered payroll processor, has won the French Tech Ticket competition and is now qualified to join one of Frances top incubators, CoinTelegraph reported. The French Tech Ticket is a program...

301 302 303 304 305 306 307 308 309 310

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

Commodities are poised for a rebound in 2025 as macroeconomic challenges that hindered growth in 2024 become supportive tailwinds, according to Wells Fargo analysts. Elevated interest rates and economic uncertainties...

UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty

UBS forecasts a mixed financial market outlook for 2025 as investors navigate potential policy shifts under a second Trump administration. The primary uncertainty lies in whether policies will lean toward populist MAGA...

Moldova Criticizes Russia Amid Transdniestria Energy Crisis

Energy-saving measures in Moldovas separatist Transdniestria region have reduced rolling blackouts caused by halted Russian gas supplies. Blackouts, initially eight hours, were cut to three hours, with officials optimistic...

Geopolitical Shocks That Could Reshape Financial Markets in 2025

Analysts at BCA Research predict that global financial markets in 2025 may face unexpected geopolitical events with far-reaching consequences. These black swan scenarios, though unlikely, could significantly influence...

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

President Joe Biden awarded Pope Francis the Presidential Medal of Freedom with Distinction, the highest U.S. civilian honor, in a phone call Saturday. This marked the first time Biden, 82, presented the medal with...

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

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

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...