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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

FantETHy blockchain sports game triumphs Thomson Reuters HackETHon

Sep 14, 2016 05:42 am UTC| Digital Currency

Football on the blockchain FantETHy, a fantasy sports game implemented in smart contracts that run on Ethereum allowing users to create their own fantasy leagues, have won the Thomson Reuters HackETHon. The three-day...

Blockchain Revolution Series

Goldman Sachs files patent for blockchain-based system for foreign exchange transactions

Sep 14, 2016 05:36 am UTC| Digital Currency

Goldman Sachs is interested in implementing blockchain technology to transform traditional foreign exchange market. According to a US Patent Trademark Office (USPTO) application published on September 8, Goldman Sachs...

Blockchain Revolution Series

itBit team introduces new blockchain technology firm ‘Paxos’

Sep 14, 2016 04:32 am UTC| Digital Currency

Paxos, a financial technology company delivering revolutionary blockchain solutions for global financial institutions, has unveiled its new brand. The name Paxos, inspired by a technical term that represents a process...

Blockchain Revolution Series

BitFiniti Florida conference to explore various use cases of blockchain technology

Sep 13, 2016 12:24 pm UTC| Digital Currency

BitFiniti conference will be held from October 30 to November 2 at Miami, Florida and will witness industry leaders, investors, blockchain experts, and startup to discuss on how blockchain will impact businesses and...

Blockchain Revolution Series

Blockchain has huge potential to transform reinsurance industry, says PwC report

Sep 12, 2016 09:29 am UTC| Digital Currency

A new blockchain report from PricewaterhouseCoopers (PwC) has revealed that blockchain technology could save reinsurance industry with the potential to save $5-10 billion in costs. The report titled Blockchain: The $5...

Blockchain Revolution Series

First-ever Hyperledger Hackathon to be held in October

Sep 12, 2016 09:28 am UTC| Digital Currency

Dutch state-owned bank ABN AMRO together with IBM, Holland FinTech and Linux Foundation for the firstHyperledger Hackathon, scheduled to be held on the1st-2nd of October in Amsterdam. The 36-hour hackathon, focused on...

Blockchain Revolution Series

'Blockchain: Money' announces speakers for London November event

Sep 12, 2016 05:27 am UTC| Digital Currency

Blockchain: Money, the financial technology conference bringing together industry leaders November 6 and 7, 2016 in London, has announced its carefully curated speaker lineup, who will share actionable strategies,...

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Economy

Biden Hands China Chip Tariff Probe to Trump as Trade War Heats Up Over Semiconductor Dominance

The U.S. has opened a trade investigation into Chinese legacy semiconductors, aiming to curb Beijings state-driven chip buildup. The probe, announced just weeks before Donald Trumps inauguration, could lead to additional...

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...

Apple Nears $4 Trillion Valuation as AI Momentum Fuels Investor Optimism

Apple is closing in on a historic $4 trillion market valuation as investor enthusiasm for its AI strategy and expected iPhone supercycle drive a 16% share surge since November. Apple Nears $4 Trillion Market Cap Amid AI...

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,...

UK Business Confidence Hits 2024 Low as Pay Growth Climbs Ahead of Christmas Hiring Surge

UK business confidence fell to its lowest level in 2024 during December, Lloyds Bank reported, despite a notable rise in hiring and strong pay growth ahead of the Christmas season, offering mixed signals for the economy...

Politics

Biden's Clemency Sparks Outrage Over 'Kids-for-Cash' Judge and $54 Million Fraudster

President Joe Bidens latest clemency decisions have ignited bipartisan criticism, particularly over the commutation of sentences for two high-profile offenders. Among the nearly 1,500 individuals granted clemency this...

DeSantis Faces 'Critical Decision' on Rubio's Senate Successor Amid Trump's Cabinet Picks

As President-elect Donald Trump prepares to assume office, his selection of Senator Marco Rubio (R-Fla.) for Secretary of State has prompted Florida Governor Ron DeSantis to identify a suitable replacement for Rubios...

Greene Warns 'Assassin's Actions' Could Lead to 'Single-Payer Healthcare' in America

In the aftermath of UnitedHealthcare CEO Brian Thompsons assassination, Representative Marjorie Taylor Greene (R-Ga.) has voiced concerns about potential political repercussions. She fears that the actions of the suspected...

Greene Warns of 'Hero Worship' Leading to 'Socialized Medicine' After CEO's Death

In the wake of UnitedHealthcare CEO Brian Thompsons assassination, Representative Marjorie Taylor Greene (R-Ga.) has expressed concerns about potential political ramifications. She fears that the left might elevate the...

Symone Sanders 'Panics' Over Trump's 'Canada 51st State' Joke, Deems It a 'Serious Threat' to Sovereignty

President-elect Donald Trumps recent jest about Canada becoming the 51st U.S. state has sparked significant debate. During a meeting with Canadian Prime Minister Justin Trudeau at Mar-a-Lago, Trump reportedly quipped that...

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

'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...

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...

Trump Teases TikTok’s Fate in the US as ByteDance Faces a Critical Supreme Court Battle

President-elect Donald Trump hinted that TikTok could remain operational in the US, citing its immense popularity during his campaign, even as ByteDance braces for a Supreme Court showdown over its ownership. Trump...

China’s Nio Brings Firefly EV to Europe in 2025 to Challenge Mini and Smart

Chinas Nio is preparing to launch its Firefly EV in Europe by early 2025, aiming to rival Mini and Smart. As the company expands its presence, its also addressing tariff challenges with innovative battery-swapping stations...