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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

European Central Bank and Bank of Japan partner to conduct blockchain research

Dec 07, 2016 04:56 am UTC| Digital Currency

European Central Banks (ECB) division of Directorate General Market Infrastructure and Payments and the Payment and Settlement Systems department of the Bank of Japan have agreed on a joint research project that explores...

Blockchain Revolution Series

Deloitte invests in blockchain startup SETL

Dec 07, 2016 04:46 am UTC| Digital Currency

Leading Big Four consultancy firm Deloitte has made an investment in London-based SETL, which marks the first time that a professional services firm has publicly invested in a blockchain company, CoinDesk...

Blockchain Revolution Series

KPMG, Microsoft India partner to foster blockchain and other innovative technologies

Dec 06, 2016 12:39 pm UTC| Digital Currency

KPMG and Microsoft India have announced a strategic IoT (Internet of Things) advisory partnership that will accelerate the digital transformation inlarge and mid-market enterprises in India. The partners will extend its...

Blockchain Revolution Series

Blockmatics offers blockchain training for industry professionals in New York

Dec 06, 2016 11:13 am UTC| Digital Currency

Blockmatics announced that it is bringing blockchain training for industry professionals in New York, who are looking to get an in-depth training on the subject. While there are training resources available for the...

Blockchain Revolution Series

Blockchain IoT startup Sensify Security joins Industrial Internet Consortium

Dec 06, 2016 10:52 am UTC| Digital Currency

Sensify Security, a Palo Alto-based company that applies blockchain technology in cybersecurity for the Internet of Things (IoT), recently joined The Industrial Internet Consortium (IIC), the global, member-supported...

Blockchain Revolution Series

Avanquest Software launches blockchain-powered AQ Rewards app

Dec 06, 2016 09:33 am UTC| Digital Currency

Avanquest Software, a leading developer of consumer software and apps, has announced the launch of AQ Rewards app a free Android application that rewards users with Bytecent for trying out new applications, filling out...

Blockchain Revolution Series

Russian Ural State Mining University to conduct blockchain training course

Dec 06, 2016 09:26 am UTC| Digital Currency

Russian-based Ural State Mining University together with Yekaterinburg blockchain association has announced a training course on Blockchain, smart programming contracts that will be held on December 17 and 18, 2016,...

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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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