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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

BuyCo.io Leverages Blockchain Technology For Collective Purchases

Feb 24, 2016 09:16 am UTC| Digital Currency

BuyCo.io, a decentralised commerce (dCommerce) marketplace, has announced a new form of collective purchasing using permissioned distributed ledgers and smart contracts. It allows groups of people and companies to...

Digital Currency Revolution

moBUinet Launches Social Network Platform For Digital Currency Community

Feb 24, 2016 08:34 am UTC| Digital Currency

moBUinet, that describes itself as the home for all digital currencies - where individuals, communities and businesses can come together to interact and transact, has announced the launch of the first social network...

Digital Currency Revolution

GTEC Invites Applications For Blockchain Innovation Award

Feb 24, 2016 07:11 am UTC| Digital Currency

German Technology Entrepreneurship Center (GTEC), Germanys first open, private-sector platform for entrepreneurship, established at ESMT European School of Management and Technology in Berlin, has launched its first ever...

Digital Currency Revolution

Ripple Claims To Help Banks Save Substantial Global Settlement Costs

Feb 24, 2016 06:34 am UTC| Digital Currency

Ripple, distributed ledger technology provider, has released a report, titled The Cost-Cutting Case for Banks, in which it details the ROI of using Ripple and XRP for global interbank settlements. The analysis in the paper...

Digital Currency Revolution

UK Financial Regulator Monitors Development Of Blockchain Technology, Yet To Take A Stance

Feb 24, 2016 05:25 am UTC| Digital Currency Law

The UK Financial Conduct Authority (FCA) recently expressed its views on fintech innovation, particularly addressing the issues such as how regulation can foster innovation in financial services and how can it ensure a...

Digital Currency Revolution

Japan’s Financial Regulator Considers Treating Bitcoin As Currency Equivalent

Feb 24, 2016 05:08 am UTC| Digital Currency

The potential of digital currencies such as bitcoin to be used for money laundering and terrorism financing purposes is perhaps the reason that financial authorities across the world are quite cautious over their use and...

Digital Currency Revolution

Mediachain Could End Media Industry Woes

Feb 23, 2016 12:21 pm UTC| Digital Currency

The potential of blockchain technology is being realized across multiple industries. The technology can, in particular, revolutionize the media sector where artists have for years faced the problem of lack of ability to...

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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

DogeCoin and Shiba Inu Poised for Over 100% Market Rally

As the crypto market braces for recovery, Dogecoin and Shiba Inu show signs of a potent rebound. Technical indicators and market dynamics suggest a potential surge exceeding 100%, attracting keen investor...

FED Quietly Initiates Money Printing, Sparks Bitcoin Price Surge Speculation

One chart stands out as a beacon of optimism for Bitcoin and its peers in the complex landscape of cryptocurrencies. With the revival of the US money supply, investors face a critical moment. As the printing machines...

Ethereum ETFs: All Pending SEC Applications in a Bid for Regulatory Approval

Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry analysts are asking when the US Securities and Exchange Commission (SEC) will approve an Ethereum counterpart. For those who...

Tron Founder Justin Sun Bags 2M Tokens From EigenLayer Airdrop, Boosting Crypto Clout

Justin Sun, the founder and CEO of Tron (TRX), stands to benefit significantly from the EigenLayer token airdrop. He received over $2 million in EIGEN tokens as part of EigenLayers Phase 1 airdrop. acquiring a staggering...

Apple Nearing OpenAI Deal, Bringing ChatGPT to iPhone in iOS 18

Apple Inc. is on the brink of a breakthrough agreement with OpenAI, as sources reveal plans to incorporate the latters ChatGPT technology into the upcoming iOS 18. This move signals Apples robust stride into artificial...