Become a contributor

Bookmark Econotimes

Sat, Apr 18, 2026 07:34 AM 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

R3 demonstrates blockchain application in insurance and reinsurance sector in Bermuda

Nov 29, 2016 06:40 am UTC| Digital Currency

Financial innovation firm R3 demonstrated the application of blockchain technology in insurance and reinsurance sector at a presentation during the ILS Bermuda Convergence conference this month, The Royal Gazette...

Blockchain Revolution Series

Australian blockchain startup DigitalX raises AU$1.62m as co-founders resign

Nov 29, 2016 05:51 am UTC| Digital Currency

DigitalX, a blockchain-based software solutions company, has raised an oversubscribed AU$1.62 million, in which AU$350,000 has been contributed by Australian-based Travers and newly appointed US-based president Neel...

Blockchain Revolution Series

What to expect at Smart Contracts Symposium on December 5

Nov 29, 2016 05:21 am UTC| Digital Currency

TheSmart Contracts Alliance, an initiative by the Chamber of Digital Commerce, is hosting the worlds first event dedicated to smart contracts Smart Contracts Symposium onDecember 5, 2016at the Microsoft Technology Center...

Blockchain Revolution Series

Deutsche Bundesbank and Deutsche Börse build blockchain prototype

Nov 29, 2016 04:54 am UTC| Digital Currency

Deutsche Bundesbank and Deutsche Brsejointly built a functional prototype for the settlement of securities that are based on blockchain technology. The blockchain prototype will offer technical functionality for...

Blockchain Revolution Series

Blockchain social platform Steemit to alter economic model, announces hard fork

Nov 29, 2016 04:38 am UTC| Digital Currency

Steemit, the worlds leading decentralized social media network, has announced that on Tuesday, December 6, a hard fork will occur that would modify the Steem blockchains economic model. The startup said that the changes...

Blockchain Revolution Series

ESMA to have power to ban blockchain-based products or processes in January 2018

Nov 28, 2016 11:31 am UTC| Digital Currency

The European Securities and Markets Authority (ESMA) will have the power to ban or restrict products or processes based on blockchain or distributed ledger technologies (DLTs), starting 01 January 2018. This was...

Blockchain Revolution Series

European insurance giant partners with Microsoft for digital business transformation

Nov 28, 2016 08:25 am UTC| Fintech

The Generali Group, a leading insurance company, and tech giant Microsoft have announced a Business Digital Transformation partnership in order to enhance the efficiency of Generali employees, agents and partners, improve...

311 312 313 314 315 316 317 318 319 320

Economy

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

Stocks Surge as Strait of Hormuz Reopens, Oil Prices Plunge

U.S. stock markets closed sharply higher on Friday as easing Middle East tensions and the temporary reopening of the Strait of Hormuz sent investor confidence soaring. The SP 500 gained 1.2% to finish at 7,125.36, the...

Oil Prices Plunge as Strait of Hormuz Reopens Amid U.S.-Iran Ceasefire Talks

Global oil prices fell sharply on Friday after Iran and the United States jointly announced the temporary reopening of the Strait of Hormuz, easing fears over a major disruption to the worlds oil supply. Brent crude...

Dollar Retreats as Strait of Hormuz Reopens, Easing Safe-Haven Demand

The U.S. dollar surrendered most of its war-driven gains on Friday after Iran announced the Strait of Hormuz was completely open, reducing the safe-haven appeal that had propped up the currency since the U.S.-Iran conflict...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Politics

Trump's Iran Claims Spark Market Confusion Over Strait of Hormuz

Global financial markets and world leaders are navigating a wave of cautious optimism mixed with uncertainty after President Donald Trump announced a breakthrough in U.S.-Iran negotiations, including what he described as...

Anthropic CEO Meets Trump Officials to Discuss Powerful New AI Model Mythos

Anthropic CEO Dario Amodei sat down with senior Trump administration officials last Friday in what analysts are calling a pivotal move to repair a strained relationship between the AI company and the federal government....

Trump and IRS in Settlement Talks Over $10 Billion Tax Return Leak Lawsuit

Donald Trumps legal team and the Internal Revenue Service are reportedly engaged in settlement negotiations over a $10 billion federal lawsuit stemming from the unauthorized disclosure of the presidents private tax...

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch

A U.S. trade tribunal sided with Apple on Friday, rejecting Masimo Corporations push to reinstate an import ban on Apple Watch. The U.S. International Trade Commission chose not to review an earlier judges ruling that...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...