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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

TikTok is partnering with a blockchain start-up. Here's why this could be good news for artists

Aug 22, 2021 01:33 am UTC| Technology

On August 17, TikTok announced it will partner with Audius, a streaming music platform, to manage its expansive internal audio library. Audius was not the obvious choice for partnering with the short video giant. A...

Blockchain Revolution Series

NFTs hit the big league, but not everyone will win from this new sports craze

May 06, 2021 02:33 am UTC| Technology Digital Currency

Some buy sporting memorabilia for love. Others for money. The world record for most money paid for a sports-related item goes to the original Olympic manifesto written in 1892 by International Olympic Committee founder...

Blockchain Revolution Series

Blockchain could play an important role in future agriculture and food security

Apr 11, 2021 12:30 pm UTC| Technology Digital Currency

Global food supply chains proved brittle during the COVID-19 pandemic, leading for calls to boost the resilience of global food supply chains through improved efficiency in production, distribution and consumption of...

Blockchain Revolution Series

Digital Currency Revolution

How nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs

Apr 04, 2021 10:23 am UTC| Technology Digital Currency

Takeaways · Nonfungible tokens prove ownership of a digital item image, sound file or text in the same way that people own crypto coins. · Unlike crypto coins, which are identical and worth the same,...

Blockchain Revolution Series

NFTs: why digital art has such a massive carbon footprint

Apr 04, 2021 10:00 am UTC| Technology

How much would you be willing to pay for a one-of-a-kind work of art? For some collectors, the limit lies somewhere in the region of hundreds of millions of dollars. What about a work of art that has no tangible form, and...

Blockchain Revolution Series

What are NFTs and why are people paying millions for them?

Mar 18, 2021 14:30 pm UTC| Technology Digital Currency

Last week, Christies sold a digital collage of images called Everydays: The First 5000 Days for US$69.3 million dollars. This week, Elon Musk said hes selling a tweet of his as an NFT, which contains a song about...

Blockchain Revolution Series

A token sale: Christie's to auction its first blockchain-backed digital-only artwork

Feb 26, 2021 14:45 pm UTC| Digital Currency Technology

Since May 2007, US-based digital artist Mike Winkelmann (who goes by the name Beeple) has posted a new artwork online every day. He posted the 5,000th one in January, and has now packaged them into an enormous digital...

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Economy

Mastercard to enable partners to offer crypto products, services

Payments giant Mastercard has partnered with cryptocurrency exchange platform Bakkt to allow US merchants, banks, and fintechs to offer crypto solutions and services. Sherri Haymond, Mastercards executive vice president...

Coca-Cola launches bottles without a label in South Korea

The Coca-Cola Company unveiled its newest plastic bottles, and it is very noticeable that they have no label on them. These are said to be the first label-less Coke bottles in South Korea, and this was done for recycling...

LG vice chairman Kwon Young Soo assigned as new LG Energy CEO

Kwon Young Soo, vice chairman at LG Corp., has been given a new assignment in the company. He will be moving to LG Energy Solution as its new chief executive officer. LGES is one of LG Groups affiliates, so his transfer...

Pro-environment consumers, suppliers patronize 'ugly' fruits and vegetables

Pro-environment consumers and suppliers are patronizing ugly agricultural products that do not fit market standards to counter the practice of discarding them. Unsightly produce is now attracting a growing market as...

Columbia experiences cryptocurrency ATM boom

Colombia is currently experiencing a cryptocurrency ATM boom, keeping it in second place among Latam countries with the second-highest number of these ATMs at 50. Not so long ago, Columbia was in first place until El...

Politics

Capitol insurrection: Mark Meadows was reportedly a 'regular figure' in Jan. 6 rally planning

More details regarding the involvement of some individuals in Donald Trumps inner circle surrounding the Capitol insurrection have come to light. A new piece in Rolling Stone revealed that Trumps chief of staff Mark...

Nancy Pelosi says 'billionaire's tax' will fund Joe Biden's social infrastructure plan

A point of contention among Democrats in the social spending bill is the price tag as well as how the legislation would be funded. House Speaker Nancy Pelosi says that the party-led legislation would be paid for by...

Afghanistan faces food crisis, according to UN World Food Programme

Weeks since the Taliban took control of Afghanistan, the ramifications of the takeover left the country facing one crisis after another. According to the United Nations World Food Programme, Afghans are in the midst of a...

Jared Kushner reportedly in talks to receive $2 billion investment from Saudi Arabia for private equity firm

Former White House adviser and Donald Trumps son-in-law, Jared Kushner, has touted his visits to the Middle East over the years of Trumps presidency as part of his achievements. A recent report has revealed that Kushner is...

Science

S. Korean researchers develop Mediterranean diet that helps prevent cardiovascular disease

South Korean researchers have developed a Korean-style Mediterranean diet that helps prevent cardiovascular disease by reducing the proportion of carbohydrates while increasing the ratio of fat and protein. The diet...

LG Chem develops substance for creating cheaper, lighter plastic solar panel frames

LG Chem combined polycarbonate and acrylonitrile styrene acrylate (ASA) to develop LUPOY EU5201 to be used in plastic frames for solar panels. Consequently, LG has become the first in South Korea to develop plastic...

Owls used in helping California vineyards get rid of rodents

A Humboldt State University team is attempting to prove that owls can be an effective eco-friendly option at protecting grapes from rodent attacks. Graduate students at the universitys Department of Wildlife under...

S. Korean researchers develop process that uses agri-waste to produce biofuels, plastics

The Korea Institute of Energy Research (KIER) had developed an enzymatic process that uses agricultural waste to produce the 4-hydroxy valeric acid--an ingredient for biofuels and plastics. The KIERs enzymatic process...

France probes Nestlé, 100 other firms over bisphenol-A use

The French government is investigating 101 companies, including Nestlé, for not disclosing their use of bisphenol-A in food packaging. In its statement of objections, Frances competition authority accused the 101...

Technology

‘Horizon Forbidden West’ developers reveal new abilities and weapons

Horizon Forbidden West will not launch for a few more months, but Guerilla Games has announced some of the new skills and weapons Aloy will use in the sequel. The developer also explained how the difficulty in dealing with...

‘Call of Duty: Vanguard’ will mimic real weapons’ trigger weight with PS5 DualSense controller

Call of Duty: Vanguard is coming very soon, and Sledgehammer Games still has several gameplay details to reveal before the launch. The developer detailed in a blog post published on Monday how they were able to deliver an...

Samsung mysteriously brings back the rumored Galaxy S21 FE support page

Samsung may have given its fans a discreet nod that the Galaxy S21 FE is still in the pipeline. The company had silently brought back the support page rumored to be intended for the mid-range phone less than a month before...

Huawei Mate 50 series expected to launch in H1 2022

Huawei Mate 50 is expected to be one of the flagship smartphones to enter the market next year. Despite its absence this year, the company reportedly plans to launch the series in 2022 after receiving significant component...

Redmi Note 11 to feature 120W fast charging, Xiaomi confirms

Xiaomi is set to unveil the latest phones to join its Redmi brand. Thanks to a mix of leaks and official teasers from the company, tech fans now know that the Redmi Note 11 series is getting a new high-end model that...
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