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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

Central Bank of Brazil to exchange information with other regulators using blockchain

Jun 20, 2018 09:09 am UTC| Digital Currency Fintech

The Central Bank of Brazil (BCB) has announced that it will exchange information with other regulators of the Brazilian Financial System (SFN) using a blockchain platform. In an official release dated June 19, the...

Blockchain Revolution Series

Kuaidi Dache Founder brands planned blockchain ride hailing app “VV Share”

Jun 20, 2018 06:48 am UTC| Digital Currency

Kuaidi Dache founder Chen Weixing has announced that he and his partner, Funcity founder Jun Yang, are naming their upcoming blockchain-based ride hailing app as VV Share, according to China Money Network. Last month,...

Blockchain Revolution Series

Digital Currency Revolution

BitTorrent acquired by Tron for $120M, says no plans to enable cryptocurrency mining

Jun 20, 2018 05:14 am UTC| Digital Currency

Peer-to-peer file sharing platform BitTorrent has been acquired by Justin Sun, the founder of blockchain startup Tron, according to Variety. Justin Sun is a UPenn Alum and former chief representative of Bitcoin...

Blockchain Revolution Series

Dubai’s top hotel Atlantis, The Palm rolls out blockchain-based payment system

Jun 20, 2018 03:26 am UTC| Digital Currency

Dubais Atlantis, The Palm resort has launched a blockchain-based payment solution for its guests, ITP.net reported. The resort has rolled out the Lucid Pay smart settlement, which will allow guests to make payments for...

Blockchain Revolution Series

Major Clearing Houses of derivatives trades ready with proof of concept to deploy Blockchain to improvise trade solutions

Jun 19, 2018 12:56 pm UTC| Fintech Research & Analysis Investing Commentary

Now, the dealing into the securities in a more efficient manner when used to cover margin calls, including after business hours, with the help of deployment of Blockchain or DLT (distributed ledger technology) system, as...

Blockchain Revolution Series

Spanish banking consortium Niuron to develop blockchain platform for client identification

Jun 19, 2018 11:49 am UTC| Digital Currency

Niuron, a Spanish banking consortium aimed at fostering blockchain technology, is developing a blockchain platform to verify the digital identity of clients. Led by Cecabank in collaboration with Grant Thornton, the...

Blockchain Revolution Series

China’s MIIT picks 30 blockchain projects for Global Public Chain Technology Evaluation

Jun 19, 2018 10:07 am UTC| Digital Currency

The CCID Blockchain Research Institute last week released the initial list blockchain projects included in its Global Public Chain Technology Evaluation. The China Electronic Information Industry Development (CCID) is...

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Economy

FxWirePro-Major Economic events for the week

Date Time (GMT) Currency Impact Event Actual Forecast Previous Mon, Jan...

China's Services Sector Soars: December PMI Hits Highest Level Since June

The Caixin Services PMI for December 2024cameinat52.2,risingfrom 51.5 in November, affirming a positive growth trend in Chinas services sector. This is the highest level since June 2024 and was more than analysts...

Galaxy Z Flip FE and Watch8 Classic Rumored in Database Leak as Samsung Plans August Unpacked Reveal

The Galaxy Z Flip FE and Watch8 Classic have surfaced in a database, fueling rumors about their global debut at Samsungs highly anticipated August Unpacked event. These devices highlight Samsungs push toward affordability...

Apple Skips TSMC’s Pricey 2nm Chips for iPhone 17 Pro Over Steep Costs and Limited Production

Citing high production costs and limited capacity, Apple has delayed using TSMCs 2nm chips in its iPhone 17 Pro models. The advanced chips are now expected in 2026 with the iPhone 18 Pro series. Apple Delays iPhone 17 Pros...

MINISO Stock Climbs as 'Black Myth Wukong' Alliance Sparks Global Excitement

MINISO shares soared in Hong Kong and New York after announcing a partnership with Black Myth Wukong, Chinas groundbreaking AAA game. The collaboration includes co-branded products set for 2025, reflecting MINISOs drive to...

Politics

Robert F. Kennedy Jr.’s Path to HHS Sparks Fierce Debate over Health and Leadership in America

Robert F. Kennedy Jr., a controversial figure in health advocacy, is reportedly on the verge of securing the votes necessary for confirmation as Secretary of Health and Human Services (HHS). The development has ignited...

Department of Justice Faces Scrutiny Over $100 Million Spent on Controversial DEI Programs in Four Years

The Department of Justice (DOJ) has come under fire following revelations that it spent over $100 million on diversity, equity, and inclusion (DEI) programs in the last four years, according to a report by Fox News. The...

Biden Honors Jan. 6 Committee Members With Prestigious Award, Sparking Fierce Debate Across the Nation

President Joe Biden is set to award the Presidential Citizens Medal to key members of the Jan. 6 committee, including Republican Liz Cheney and Democrat Bennie Thompson. The announcement, first reported by Axios, has...

Elon Musk Sparks Outrage With Explosive Accusations Against Biden’s Border Policies

Tech mogul Elon Musk has once again stirred controversy, this time with his incendiary claim that President Joe Bidens open-border policies constitute 100% treason. The bold accusation, made via Musks widely followed...

Biden’s Bold Move to Permanently Ban Offshore Oil Drilling Sparks Nationwide Debate Before Trump Takes Office

In a dramatic end-of-term decision, President Joe Biden is reportedly planning to implement a permanent ban on offshore oil drilling in key areas, according to Bloomberg. The move is seen as a final effort to solidify his...

Science

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

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...

Technology

Apple Faces $95 Million Settlement Over Siri Recordings Linked to Privacy Breaches and User Ads

Apple has settled a class action lawsuit for $95 million over claims that its Siri assistant recorded private conversations and disclosed them to advertisers. Millions of users are eligible for compensation, with the class...

Elon Musk Dispatches Tesla Team to Recover Cybertruck Video After Las Vegas Explosion Shocks the Nation

Elon Musk has sent a specialized Tesla team to Las Vegas in a bid to recover in-cabin video footage from the Cybertruck involved in a shocking explosion outside the Trump International Hotel. The incident, which occurred...

BYD Outpaces Expectations with 4.27 Million Sales in 2024 as Tesla Rivalry Escalates

BYD shattered sales records in 2024, delivering 4.27 million NEVs and intensifying its rivalry with Tesla. The automakers growth spanned global markets, fueling speculation about its future dominance as it gears up for...

$7,500 Tax Credit Sparks Hyundai, Kia, and Genesis EV Push in Competitive US Electric Market

Hyundai, Kia, and Genesis electric vehicles join the list of $7,500 US tax credit qualifiers for the first time. This significant boost aligns with Hyundais rapid US expansion through local manufacturing and advanced EV...

Musk’s Cybertruck Investigation Unveils Shocking Details on Trump Hotel Explosion in Fatal Incident

Elon Musk confirmed Wednesday that Teslas Cybertruck explosion outside the Trump Las Vegas hotel involved fireworks or a bomb. One person was killed, seven were injured, and authorities are investigating the incident as a...