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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

NYU’s blockchain voting project ‘Votebook’ wins Kaspersky Lab competition

Dec 09, 2016 04:14 am UTC| Digital Currency

Kaspersky Lab, a global cyber security company, announced the winning collegiate teams in its Cybersecurity Case Study competition that was hosted by The Economist. A blockchain voting project by the New York University...

Blockchain Revolution Series

ARK blockchain ecosystem to launch public testnest, mobile and desktop clients

Dec 09, 2016 02:05 am UTC| Digital Currency

The ARK blockchain ecosystem has announced the first publically available test network along with mobile and desktop clients, while the platform is currently in its final stages of ongoing ICO. The testnets alpha...

Blockchain Revolution Series

Korea Financial Investment Association launches blockchain consortium

Dec 08, 2016 12:33 pm UTC| Fintech

The Korea Financial Investment Association has launched a blockchain consortium, where 21 financial investment companies and 5 blockchain tech firms signed an MOU in order to share their expertise mutually. The consortium...

Blockchain Revolution Series

Blockchain makes it to Virgin Media’s ‘Disruptor 10’ companies

Dec 08, 2016 11:05 am UTC| Digital Currency

Virgin Media Business has announced Disruptor 10, where ten companies including Blockchain, the digital currency wallet, are recognized for having a business model, product or service that is creating a new marketor...

Blockchain Revolution Series

Blockchain event for payments and financial services innovators ‘Distributed: Markets’ to be held in February 2017

Dec 08, 2016 11:01 am UTC| Digital Currency

On the heels of Distributed: Health and Distributed: Trade, BTC Inc. has announced the launch of Distributed: Markets a new event that will focus on bringing together key ecosystem stakeholders to establish the framework...

Blockchain Revolution Series

Blockchain firm Digital Asset releases non-technical whitepaper

Dec 08, 2016 07:47 am UTC| Digital Currency

Blockchain startup Digital Asset has announced the release of a non-technical whitepaper on the companys architecture that details the rationale for the technological decisions made by Digital Asset. The paper provides...

Blockchain Revolution Series

Digital Asset solves ‘confidentiality issue’ with new blockchain platform

Dec 08, 2016 07:30 am UTC| Digital Currency

Digital Asset Holdings, a blockchain startup headquartered in New York, has developed a platform that will enable traders to use blockchain technology without disclosing confidential information regarding their trades,...

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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

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

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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