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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

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...

Blockchain Revolution Series

South Korean blockchain startup KEOS announces airdrop for EOS token holders

May 11, 2018 06:49 am UTC| Digital Currency

KEOS, a Seoul-based startup focused on taking the EOS community forward, has announced the details of an upcoming KEOS Airdrop Event. KEOS is a joint operation with blockchain consulting firm KCHAIN and leading South...

Blockchain Revolution Series

Digital Currency Revolution

Weekend special lined up at Ethereal Summit NY

May 11, 2018 06:05 am UTC| Fintech Digital Currency

Every week is full of either dry days or hectic days or combination of both to observe and celebrate in the end. Enjoy the famous events, local celebrations. But distinctive and insightful occasions are rare to celebrate...

Blockchain Revolution Series

Blockchain startup Ripple’s xRapid solution proves its mettle in early trials

May 11, 2018 06:03 am UTC| Digital Currency

Blockchain startup Ripple has announced financial institutions that participated in xRapid pilots have seen huge cost savings and increased speed when using Ripples XRP token for on-demand liquidity. The company on...

Blockchain Revolution Series

Hewlett Packard Enterprise partners with Swiss blockchain startup Streamr

May 11, 2018 05:16 am UTC| Digital Currency

Swiss blockchain startup Streamr has announced its ongoing partnership with tech giant Hewlett Packard Enterprise (HPE) aimed at real-time data monetization. Under the partnership, the companies will integrate the...

Initial Coin Offering Series

Blockchain Revolution Series

Highly anticipated KODAKCoin token offering to kick-off on May 21

May 11, 2018 04:25 am UTC| Digital Currency

The final phase of KODAKCoin token offering will kick-off on May 21, 2018. Photo giant Kodak unveiled its blockchain plans earlier this year when it announced a blockchain-powered image rights management platform ...

Blockchain Revolution Series

Japan’s SBI Group makes ‘eight-figure USD investment’ in Taiwanese blockchain startup OwlTing

May 11, 2018 03:34 am UTC| Digital Currency

SBI Crypto Investment, a wholly-owned subsidiary of Japans SBI Holdings, has made a strategic investment in Taiwanese blockchain startup OwlTing. While the investment amount has not been disclosed, the press release...

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Economy

Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe

Disruptions to global oil supplies linked to the Iran conflict are driving a sharp increase in jet fuel prices, adding significant costs to air travel across Europe. According to analysis from campaign group Transport ...

UK Wage Growth Slows to 3.6% as Inflation Pressures Complicate Bank of England Outlook

British wage growth showed signs of cooling, though not as sharply as analysts had anticipated, according to the latest data from the Office for National Statistics (ONS). Regular pay, which excludes bonuses, rose by 3.6%...

US-Iran Peace Talks Fuel Market Optimism Amid Ongoing Tensions

The United States has expressed renewed confidence that peace talks with Iran could resume soon in Pakistan, raising hopes of easing geopolitical tensions that have disrupted global energy markets. A senior Iranian...

Asian Currencies Stay Range-Bound as Dollar Holds Steady Ahead of Fed Nominee Hearing

Asian currencies traded within a narrow range on Tuesday as geopolitical uncertainty surrounding potential U.S.-Iran peace talks kept investors cautious. With a temporary ceasefire set to expire later this week, traders...

Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments...

Politics

Pakistan Halts $1.5 Billion Sudan Arms Deal After Saudi Arabia Withdraws Support

Pakistan has reportedly paused a $1.5 billion defense deal to supply weapons and fighter jets to Sudan after Saudi Arabia withdrew financial backing and urged Islamabad to abandon the agreement. According to Pakistani...

UN Secretary-General Race 2027: Key Candidates Competing to Replace Antonio Guterres

The race to select the next United Nations Secretary-General is gaining momentum as global leaders position themselves for the top diplomatic role. The 10th UN chief will assume office on January 1, 2027, for a five-year...

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...