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Blockchain Revolution Series

©Econometrics LLC . All Rights Reserved.

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

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...

Blockchain Revolution Series

Banca IMI Researcher Discusses Real Business Cases Of Blockchain Technology

Apr 15, 2016 10:22 am UTC| Digital Currency

A latest research paper from the head of interest rate and credit models at Banca IMI, an investment banking and capital markets subsidiary of Intesa Sanpaolo, discusses the real business cases of blockchain technology for...

Blockchain Revolution Series

Blockchain Tokens Platform WAVES Raises Over $2 Mln On First Day Of ICO

Apr 15, 2016 09:10 am UTC| Digital Currency

WAVES, a decentralized blockchain platform focusing on custom blockchain tokens operations, commenced its Initial Coin Offering (ICO) on April 12, and has raised 4,683 BTC (nearly $2 million) in the first 24 hours itself....

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Economy

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...

Holiday Travel Faces Turmoil as TSA Warns Shutdown Could Trigger Airport Delays Across the US

The TSA has warned that a government shutdown could severely disrupt airport operations during the holiday season. With 59,000 essential staff working unpaid, record passenger volumes may result in longer wait times unless...

Starbucks Union Strike Expands Nationwide as Baristas Demand Higher Wages, Better Schedules, and Fair Staffing

Unionized Starbucks workers walked off their jobs Friday, closing cafes in cities like Los Angeles and Chicago. The five-day strike escalates nationwide, with baristas demanding higher wages, better staffing, and improved...

Soaring EV Sales Spark Scramble for Lithium and Graphite as 2030 Supply Pinch Looms

A booming market could drive electric vehicle sales from 4.5 million this year to nearly 28 million by 2030, pressuring scarce battery resources. A new McKinsey analysis highlights looming shortages in lithium, manganese,...

Honda, Nissan Discuss Factory Sharing Moves to Counter Trump’s Trade Shifts and Expand Global Reach

Factory sharing between Honda and Nissan could reshape their global presence as they navigate uncertainties tied to Trumps policies. Talks highlight their strategic efforts to streamline operations and secure a competitive...

Politics

Final Election Count 'Reveals' Majority of Americans Rejected Trump Despite Electoral Victory: Report

President-elect Donald Trump secured the presidency with 312 electoral votes, despite falling short of a popular vote majority, according to final election tallies. Trump garnered 77,297,721 votes, equating to 49.91% of...

Biden's 'Student Loan Forgiveness' Plan 'Abandoned'—38 Million Borrowers Left in Limbo

In a significant policy reversal, the Biden administration has withdrawn its proposal to cancel student loan debt for approximately 38 million Americans. This decision arrives amid legal challenges and operational hurdles,...

Biden's 'Immigrant Protection Plan' Aims to 'Sabotage' Trump's Deportation Agenda, Report Claims

President Joe Biden is reportedly considering executive actions to extend protections for hundreds of thousands of immigrants, potentially undermining President-elect Donald Trumps pledged mass deportation efforts. This...

Trump's 'Panama Canal Takeover' Threat Sparks International Tensions and Legal Debates

President-elect Donald Trump has threatened to reclaim U.S. control over the Panama Canal, citing exorbitant fees imposed by Panama and expressing concerns over potential foreign influence. This assertion has ignited...

Elon Musk Demands 'Cognitive Tests' for Politicians After Rep. Kay Granger Found in Dementia Care

Tech entrepreneur Elon Musk has called for mandatory cognitive assessments for elected officials following reports that Rep. Kay Granger (R-Texas) was located in a memory care facility after a six-month absence from...

Science

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...

Astronomers have pinpointed the origin of mysterious repeating radio bursts from space

Slowly repeating bursts of intense radio waves from space have puzzled astronomers since they were discovered in 2022. In new research, we have for the first time tracked one of these pulsating signals back to its...

How is Donald Trump prioritizing funding for cancer research in 2025?

President-elect Donald Trump has announced a major initiative to prioritize funding for cancer research in 2025, pledging billions in federal support to combat one of the worlds leading causes of death. The plan includes...

Technology

Samsung Plans Ultra-Thin Galaxy S25 Slim to Rival iPhone 17 Air in 2025 Flagship Battle

Samsung is reportedly preparing to unveil its thinnest flagship yet, the Galaxy S25 Slim, early next year. The device, with a rumored sub-7mm thickness, is aimed at challenging Apples iPhone 17 Air while pushing the...

Tesla Addresses 'Cell Dent' Issues in Cybertruck Batteries, Sends Units Back to Gigafactory Texas

Tesla has discovered cell dent problems in its Cybertruck battery packs, prompting the automaker to send affected vehicles back to Gigafactory Texas for replacement. The issue affects inventory vehicles and highlights...

Top AI Chip Stock Positioned for Explosive 2025 Growth, Jefferies Signals Major Upside

A top-performing AI chip company has emerged as Jefferies standout stock for 2025, fueled by groundbreaking advancements in custom chip designs. Analysts predict the firm could achieve record-breaking revenues and market...

NVIDIA Tracks China’s H100 Chip Breach as Super Micro Computer Faces New Compliance Pressure

NVIDIA is probing how restricted H100 chips are ending up in China. Allegations of forged serial numbers and questionable distributor practices, including Super Micro Computer, have triggered a sweeping investigation into...

Nintendo Switch 2 Dock Leak Hints at Faster Performance but 4K Output Reportedly Capped at 30 FPS

A recent leak claims the Nintendo Switch 2 dock will enable faster performance but may disappoint fans with its rumored 4K resolution limit at 30 FPS. Updated Joy-Con details and dock specifications provide intriguing...