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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 Tokens Platform WAVES Launches Testnet

Apr 20, 2016 05:14 am UTC| Digital Currency

WAVES, a decentralized blockchain platform focusing on custom blockchain tokens operations, commenced its Initial Coin Offering (ICO) on April 12, andraised nearly $2 million in the first 24 hours itself. The ICO has so...

Blockchain Revolution Series

Emercoin To Launch Its Blockchain Development Platform ‘Blockchain Engine’

Apr 19, 2016 11:27 am UTC| Digital Currency

The Emer Group has announced the launch of its own blockchain development platform. Emer, a leading digital currency and blockchain platform, is going to launch its own fully fledged development platform: Blockchain...

Blockchain Revolution Series

Hana Financial Group Joins R3 Blockchain Consortium

Apr 19, 2016 10:57 am UTC| Digital Currency

Hana Financial Group, one of the largest bank holding companies in Korea, has announced that it has joined the R3 CEV group to apply and standardize innovative financial technologies. The R3 blockchain consortium has...

Blockchain Revolution Series

Infoteria Corporation Partners With Singapore Fintech Startup to Bring Blockchain Solutions To Financial Services Industry

Apr 19, 2016 06:36 am UTC| Digital Currency

Infoteria Corporation (IC), a Japanese company that specializes in providing software and related support, consulting, and training, has signed a Memorandum of Understanding (MOU) with Dragonfly Fintech (DF), a...

Blockchain Revolution Series

Applications Open For Accenture’s Asia Pacific Fintech Innovation Lab 2016

Apr 18, 2016 09:21 am UTC| Digital Currency

Accenture has started accepting applications for Asia-Pacifics third annual FinTech Innovation Lab the 12-week program that helps early- and growth-stage fintech companies accelerate product and business development by...

Blockchain Revolution Series

Banks Struggle to Keep Pace with FinTech Disruption Finds World Retail Banking Report 2016

Apr 18, 2016 06:30 am UTC| Business

FinTech providers are making increasingly significant inroads with customers, yet the vast majority of banks admit they are not adequately prepared to manage this emerging FinTech threat, according to the 2016 World Retail...

Blockchain Revolution Series

Federal Reserve Governor Cautions Against Early Adoption Of Distributed Ledger Technologies

Apr 15, 2016 11:29 am UTC| Digital Currency

Speaking at the Institute of International Finance Blockchain Roundtable, Washington, D.C., Federal Reserve governor Lael Brainard discussed the use of distributed ledger technologies in payment, clearing, and...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

OpenAI's Sam Altman Proposes 'Universal Basic Compute' as AI Job Threat Looms

At a recent podcast appearance, OpenAIs CEO Sam Altman discussed universal basic compute, a radical idea that aims to change how we interact with AI technology. UBI to Universal Basic Compute: Altmans New Proposal In...

Billionaire Mark Cuban Urges SEC to Emulate Japan's Crypto Strategy Amid Regulatory Challenges

In a revealing social media post, billionaire Mark Cuban called SEC Chairman Gary Gensler to consider adopting Japans cryptocurrency regulatory framework. Cuban highlighted Japans recovery from major setbacks like the Mt....

What Silicon Valley's Elite Say About the Future of Crypto

The high-tech industry continues to aggressively advance in the blockchain industry, proposing and developing new solutions that improve and make Web3s goods more usable by both general consumers and sophisticated industry...

Crypto Scam Uses Elon Musk Deepfake as 'Developer' to Lure Investors

Elon Musk did not develop the sketchy cryptocurrency trading platform that a random user on Facebook recommends you invest in. The Hong Kong Securities and Futures Commission issued a warning last week on deepfake...

OpenAI To Announce ChatGPT 5 Potential Updates This Week Including Voice Features And Real-Time Interaction

The growing excitement among enthusiasts in the artificial intelligence (AI) area will climax as OpenAI releases its upcoming developments. Users have been speculating and making guesses, hoping to catch a glimpse and...