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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

Multitude of different blockchain approaches could jeopardise financial market integration – ECB

Sep 27, 2016 05:42 am UTC| Digital Currency

A member of the Executive Board of the European Central Bank has said that distributed ledger technologies (DLTs) have the potential to transform the securities and payments industry and that the ECB is exploring its...

Blockchain Revolution Series

Hyperledger blockchain project adds five new members

Sep 27, 2016 05:21 am UTC| Digital Currency

Five new members have joined Hyperledger Project the collaborative cross-industry effort created to advance blockchain technology. Announced recently atSibosin Geneva, the latest members include: Aesthetic Integration,...

Blockchain Revolution Series

Sompo Holdings and Soramitsu collaborate to test use of blockchain for derivative products

Sep 27, 2016 04:55 am UTC| Digital Currency

Sompo Japan Nipponkoa Holdings Inc., a Japanese insurance holdings company, has announced that in collaboration with a blockchain identity platform Soramitsu Co., Ltd., the company has started trialing the use of the...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain-based Incent Loyalty network to begin ICO on 1st October

Sep 27, 2016 04:41 am UTC| Digital Currency

Cryptocurrency directory and merchant hub BitScan has partnered with custom blockchain token platform Waves to create a new merchant-defined loyalty and rewards network that will leverage a public blockchain to make...

Blockchain Revolution Series

World Trade Board unveils blockchain education and other initiatives to digitize global trade

Sep 26, 2016 11:10 am UTC| Digital Currency

The World Trade Board today unveiled three key initiatives to drive the trade finance agenda at Sibos 2016. It marks a move to facilitate and expand global trade in support of long-term economic growth and prosperity for...

Blockchain Revolution Series

Marine Transport International brings blockchain to shipping industry

Sep 26, 2016 07:15 am UTC| Digital Currency

Marine Transport International (MTI), a freight forwarder based in the United Kingdom and the United States, has announced the deployment of the worlds first public blockchain solution in the global shipping...

Blockchain Revolution Series

BNP Paribas collaborates with clients to co-develop blockchain-based applications

Sep 26, 2016 06:04 am UTC| Digital Currency

French multinational bank BNP Paribas has announced that it is currently working with a number of clients to co-develop new products and services based on blockchain technology, in order to optimise the Trade Finance and...

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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...