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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

SAP collaborates with modum.io to bring blockchain to supply chain processes

May 14, 2018 11:48 am UTC| Digital Currency

SAP is seeking to add blockchain functionality to its supply chain traceability platform to help various stakeholders in the agriculture industry boost confidence in food safety. In an online post on LinkedIn, SAPs...

Blockchain Revolution Series

Blockchain startup Loyyal expands to Australia and New Zealand

May 14, 2018 06:51 am UTC| Digital Currency

Blockchain powered loyalty and rewards platform Loyyal has announced its expansion to Australia and New Zealand. According to the press release, the company has added REFFIND as the exclusive Network Operator for...

Blockchain Revolution Series

Polish Credit Office to store customer information on blockchain

May 14, 2018 06:08 am UTC| Digital Currency

Biuro Informacji Kredytowej (BIK), the Polish Credit Office, in collaboration with blockchain startup Billon is going to implement blockchain for storage and secure access to sensitive customer information. BIK and...

Blockchain Revolution Series

Jasper III: Bank of Canada’s latest PoC shows feasibility of instant equity settlement on DLT

May 14, 2018 05:21 am UTC| Digital Currency

The Bank of Canada (BoC), in collaboration with Payments Canada, TMX Group and Accenture, has demonstrated the feasibility of instantaneous equity settlement through distributed ledger technology (DLT). The Canadian...

Blockchain Revolution Series

LG subsidiary rolls out own blockchain platform ‘Monachain’

May 14, 2018 04:24 am UTC| Digital Currency

LG CNS, an information technology services subsidiary of South Korean electronics giant LG, has rolled out its own blockchain service aimed at digital authentication, digital currency, and digital supply chain management,...

Blockchain Revolution Series

HSBC, ING conduct trade finance transaction using R3’s Corda blockchain platform

May 14, 2018 03:35 am UTC| Digital Currency

Leading banking and financial services organization HSBC on Monday announced that it has conducted the worlds first trade finance transaction using blockchain technology, Reuters reported. In collaboration with Dutch...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – May 11th, 2018

May 11, 2018 11:47 am UTC| Digital Currency

China begins work to establish national standards for blockchain technology: Report China is reportedly working on national standards for blockchain technology to foster the use of the technology in the country. Local...

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Economy

Australia's CPI Soars: Inflation Insights for November 2024

The annualized 12-month movement of the Australian year-on-year CPI in November 2024 came in at 2.3%. Comparing this figure, the reading of 2.1% as reported in October 2024 was well ahead of the market forecast, which had...

FxWirePro- Major Economic events for th day

Time (GMT) Currency Event Impact Actual Forecast Previous 7:30 AM CHF CPI...

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...

Politics

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

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

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...

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...
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