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Blockchain Revolution Series

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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

Leading Indian banks experiment with blockchain technology

Oct 17, 2016 05:22 am UTC| Digital Currency

Following ICICI banks successful execution of first two transactions using blockchain technology, two other leading Indian banks Axis Bank Ltd and Kotak Mahindra Bank Ltd have jumped on the blockchain...

Blockchain Revolution Series

Blockchain network OKLink announces subsidies for cross-border transfers for partner companies

Oct 14, 2016 10:07 am UTC| Digital Currency

Hong-Kong based global blockchain money network OKLink announced that it will subsidize $100 million in free remittance trades to global remittance companies in order to accelerate thegrowth of new money transfer...

Blockchain Revolution Series

Chronicled demonstrates drone identity and access control system prototype using Ethereum blockchain

Oct 14, 2016 09:37 am UTC| Digital Currency

San Francisco-based technology company Chronicled has recently unveiled a prototype of machine-to-machine cooperation intermediated by a public blockchain. The company, currently focused on developing a...

Blockchain Revolution Series

Ethereum announces plans for another hardfork

Oct 14, 2016 06:41 am UTC| Digital Currency

Following the recent sustained DoS attack, Ethereum has announced an imminent hard fork for EIP150 gas cost changes. On 22 September 2016, Ethereum announcedthat it was under a computational distributed denial of...

Blockchain Revolution Series

Blockchain.info suffers highly sophisticated DNS attack, resumes operations

Oct 14, 2016 06:08 am UTC| Digital Currency

In a recent security update, Blockchain said that it encountered a DNS attack, whereby the attacker changed Blockchain.infos DNS servers causing outage for several hours. At approximately 5:42 AM EST, the attacker...

Blockchain Revolution Series

UK Government Actuary’s Department sees potential in blockchain technology

Oct 14, 2016 05:29 am UTC| Digital Currency

The UK Government Actuarys Department, in its monthly bulletin for the month of October, has said that blockchain technology has the potential to revolutionize the current administrative systems used in financial...

Blockchain Revolution Series

Sberbank and FAS Russia launch blockchain-based pilot project for exchange of documents

Oct 14, 2016 04:59 am UTC| Digital Currency

Sberbank of Russia, along with Federal Antimonopoly Service of the Russian Federation (FAS Russia), launched a pilot project in order to exchange documents using blockchain technology. According to the official release,...

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Economy

US Treasury Reveals EV Charger Tax Credit Details Find Out If Your Property Qualifies Now

The US Treasury has clarified EV charger tax credit rules, offering up to 30% back for eligible properties. Use a new mapping tool to discover if your home or business qualifies for this clean energy incentive. Inflation...

China's WuXi AppTec Exits Gene Therapy Market Amid US Restrictions and Security Concerns

Chinas WuXi AppTec has signed an agreement to sell its gene therapy manufacturing arm, WuXi Advanced Therapies, to U.S.-based Altaris LLC, following mounting restrictions on Chinese firms in the United States over national...

American Airlines Christmas Eve Flight Delays Resolved After Hour-Long Grounding Caused by Technical Glitch

A technical glitch caused American Airlines to ground flights for an hour on Christmas Eve, delaying thousands of passengers during one of the busiest travel periods of the year. Operations resumed quickly, sparing the...

S&P 500 Climbs Ahead of Christmas Break with Tech Gains and $10B Equity Inflows

The SP 500 rose 1.1% Tuesday as tech stocks extended their rally. Equity inflows reached $10 billion, marking the largest since January 2017, while trading activity thinned ahead of the Christmas holiday. Tech Stocks...

Gold Inches Up as Rising Dollar and Fed’s Rate Policy Pressure Investors

Gold prices inched higher in Asian markets Tuesday, with spot gold gaining 0.2 percent, while futures added 0.1%. The precious metals upward movement was limited as the Federal Reserves hawkish policy reinforced dollar...

Politics

Trump's '100% Serious' Greenland Purchase Plan Sparks Global Controversy

President-elect Donald Trump has reignited his ambition to acquire Greenland, declaring he is 100% serious about purchasing the autonomous Danish territory. This move has prompted significant international debate and...

Kamala Harris Leads J.D. Vance in 'Nail-Biting' 2028 Poll, Sparks Heated Debate

A recent SoCal Strategies poll has placed Vice President Kamala Harris narrowly ahead of Ohio Senator J.D. Vance in a hypothetical 2028 presidential matchup. The poll, released on Tuesday, shows Harris with 43% of likely...

Majority of Americans Confident in Trump's Ability to Achieve Middle East Peace, Poll Reveals

A recent survey by the Napolitan Institute indicates that 54% of Americans believe President-elect Donald Trumps administration will bring an end to conflicts in the Middle East. This optimism follows Trumps electoral...

Trump’s ‘Faith Commitment’ Praised by Cardinal Dolan Sparks Debate on President-Elect’s Religious Convictions

President-elect Donald Trump reportedly reassured Cardinal Timothy Dolan, the Archbishop of New York, of his dedication to his faith during a private conversation. Cardinal Dolan revealed that Trump emphasized his belief...

Trump’s ‘Death Penalty Push’ for Violent Offenders Promises Strict Justice, Sparks Intense National Debate

Former President Donald Trump announced a hardline stance on violent crime, pledging to reinstate and expand the death penalty for individuals convicted of heinous crimes. During a rally, Trump declared that, if...

Science

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...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Some black holes at the centers of galaxies have a buddy − but detecting these binary pairs isn’t easy

Every galaxy has a supermassive black hole at its center, much like every egg has a yolk. But sometimes, hens lay eggs with two yolks. In a similar way, astrophysicists like us who study supermassive black holes expect to...

Technology

Musk’s X Raises Premium-Plus Plan to $22 With Creator Payouts and AI Features in Focus

X, the platform owned by Elon Musk, raised its premium-plus subscription to $22 in the U.S., emphasizing enhanced creator payouts and advanced AI-driven features like the Grok chatbot. The updated pricing takes effect for...

'Drones Plummet onto Crowd' at Orlando Holiday Show, Prompting NTSB Investigation

The National Transportation Safety Board (NTSB) has initiated an investigation into a malfunction involving unmanned aircraft systems (UAS) that resulted in drones falling into the audience during a holiday show at Lake...

Trump's 'Tech Dream Team' Appointments Spark Debate Over Administration's Digital Strategy

President-elect Donald Trump has unveiled a series of high-profile appointments to his technology team, signaling a robust commitment to advancing the United States position in artificial intelligence (AI) and digital...

Tesla Rolls Out Mobile Megapack Chargers for Holidays Across the US, Find Out the Locations Here

Tesla has introduced mobile Megapack chargers at major U.S. travel hotspots to support increased holiday traffic. Travelers can find these high-speed chargers in locations like Bakersfield, Primm, El Centro, and Cambridge,...

Apple Releases 'Urgent' Warning as iPhone Users Targeted by 'Mercenary' Spyware Attacks

Apple has issued an urgent alert to iPhone users, warning of sophisticated spyware attacks orchestrated by private entities targeting high-profile individuals. These mercenary spyware tools, notably Pegasus, can infiltrate...