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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

Blockchain-based social network AKASHA to launch pre-alpha version in October

Oct 03, 2016 11:40 am UTC| Digital Currency

The AKASHA project, a blockchain-based social network built on top of Ethereum and IPFS, has announced that its pre-alpha version will be launched this month. According to the official blog post by Mihai Alisie, founder...

Blockchain Revolution Series

Velocity announces blockchain smart contract on price feeds

Oct 03, 2016 06:14 am UTC| Digital Currency

Distributed derivatives platform Velocity has announced the first blockchain smart contract on price feeds and has launched an interactive demo of the platform. Using blockchain technology and Ethereum smart contracts,...

Blockchain Revolution Series

Silicon Valley accelerator picks scalable Synereo for dApps

Oct 03, 2016 04:55 am UTC| Digital Currency

Scalability is a key factor considered by Silicon Valley accelerator that advises and runs a program for early-stage companies with network effects before choosing to partner Synereo to develop an ecosystem of...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – September 30th, 2016

Sep 30, 2016 11:20 am UTC| Digital Currency Market Roundups

UN goes all in on blockchain, lists various initiatives United Nations Development Programme (UNDP) has delved into the world of blockchain and distributed ledger technologies and believes that the technology could...

Blockchain Revolution Series

Sberbank joins Hyperledger blockchain project

Sep 30, 2016 07:20 am UTC| Digital Currency

According to latest reports, Sberbank, one of the largest banks in Russia, has joined Linux Foundations Hyperledger project a collaborative effort created to advance blockchain technology. Bankir.Ru reported that First...

Blockchain Revolution Series

Deutsche Bank opens Digital Factory in Frankfurt, says work is underway on AI and blockchain technology

Sep 30, 2016 05:25 am UTC| Digital Currency

Deutsche Bank has announced that it has opened a Digital Factory in Frankfurt, which will focus on developing digital banking products and act as a driver in innovation, digitalisation and re-engineering the...

Initial Coin Offering Series

Blockchain Revolution Series

Chinese startup raises $4.5m to build universal blockchain framework

Sep 30, 2016 04:39 am UTC| Digital Currency

Antshares Blockchain, a Shanghai-based open-source blockchain project, has raised more than $4.5 million in a crowdsale to complete building out its innovative Antshares Blockchain under an Onchain framework, which will...

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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...