Become a contributor

Bookmark Econotimes

Tue, Jun 09, 2026 03:01 PM All times are UTC

Follow Series

Blockchain Revolution Series

©Econometrics LLC . All Rights Reserved.

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

Deloitte outlines six principles for blockchain in financial services

Nov 01, 2017 09:53 am UTC| Digital Currency

Consulting giant Deloitte has published a new report that outlines principles for blockchain in financial services. Prepared during the summer months of 2017 by the Deloitte EMEA Blockchain Lab in Dublin, in association...

Blockchain Revolution Series

25 pct of Global 2000 firms to use blockchain services as foundation for digital trust at scale by 2021: IDC

Nov 01, 2017 07:16 am UTC| Digital Currency

International Data Corporation (IDC) has announced its worldwide information technology (IT) industry predictions for 2018 and beyond. Over the past several years, IDC said that has focused on the digital transformation...

Blockchain Revolution Series

NRI, Microsoft Japan launch financial innovation consortium - focus on AI, deep learning, blockchain

Nov 01, 2017 05:29 am UTC| Digital Currency

Japanese think tank Nomura Research Institute (NRI) and Microsoft Japan are joining forces to establish the Financial Digital Innovation Consortium. Officially launching today, on November 01, 2017, the consortium will...

Blockchain Revolution Series

R3 and 22 member banks develop DLT solution for international payments

Nov 01, 2017 04:43 am UTC| Digital Currency

Enterprise software firm R3, along with 22 of its consortium member banks, has developed a distributed ledger technology (DLT)-based solution that would enable fast, efficient and cost-effective cross-border payments,...

Blockchain Revolution Series

European Commission to spend €1.7B on digitization, touts AI and blockchain as breakthrough innovation

Oct 31, 2017 10:26 am UTC| Digital Currency

The European Commission has outlined its plans to spend 30 billion of the EU research and innovation funding programme Horizon 2020 during 2018-2020. Aimed at supporting scientific excellence in Europe, Horizon 2020 is...

Blockchain Revolution Series

11 South Korean securities firms to trial blockchain-based security platform

Oct 31, 2017 08:58 am UTC| Digital Currency

The Korea Financial Investment Association (Kofia), an industry trade group in South Korea, on Tuesday, said that securities firms and merchant banks in the country have commercialized blockchain technology to build a more...

Blockchain Revolution Series

MAS to develop DLT solutions for inter-bank payments and trade finance

Oct 31, 2017 06:24 am UTC| Digital Currency

The Monetary Authority of Singapore (MAS) has released a roadmap for making Singapore a leading global financial center in Asia. The industry transformation map (ITM) for financial services outlines growth strategies by...

141 142 143 144 145 146 147 148 149 150

Economy

Gordie Howe International Bridge Set to Open, Boosting U.S.-Canada Trade Links

The long-awaited Gordie Howe International Bridge connecting Detroit, Michigan, and Windsor, Ontario, is expected to open within weeks, marking a major milestone for cross-border trade and transportation between the United...

South Korea Q1 GDP Growth Revised Higher as AI-Driven Exports Boost Economic Outlook

South Koreas economy grew faster than previously estimated in the first quarter of 2026, according to revised figures released by the Bank of Korea on Tuesday. The updated data highlights the countrys strong export...

China Trade Surplus Surges in May 2026 as Exports and AI-Driven Imports Accelerate

Chinas trade surplus expanded more than expected in May 2026, supported by strong export growth and rising imports linked to the countrys growing semiconductor and artificial intelligence sectors. According to customs data...

Asian Currencies Gain as U.S. Dollar Softens Ahead of Key Inflation Data in 2026

Asian currencies traded mostly higher on Tuesday as the U.S. dollar retreated from a two-month high, with investors closely monitoring the fragile ceasefire between Israel and Iran and preparing for crucial U.S. inflation...

Asian Stocks Rebound as AI and Chip Shares Recover; Easing Iran Tensions Boost Sentiment

Asian stock markets moved higher on Tuesday, supported by a strong rebound in semiconductor and artificial intelligence-related shares after heavy losses in previous sessions. Investor sentiment also improved as...

Politics

Alaska Senate Candidate Named Dan Sullivan Faces Investigation Over Alleged Voter Confusion Scheme

Alaska election officials have launched an investigation into a U.S. Senate candidate who shares the same name as Republican incumbent Senator Dan Sullivan, amid allegations that his candidacy was designed to confuse...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit

The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

Iran and Israel Halt Attacks After Trump Appeal as Regional Tensions Remain High

Iran and Israel announced they had suspended direct attacks against each other following an appeal from U.S. President Donald Trump, easing fears of a wider Middle East conflict. However, Tehran warned that military action...

Taiwan Simulates Repelling Chinese Invasion in Major Coastal Live-Fire Exercise

Taiwans military conducted a large-scale live-fire coastal defense exercise on Tuesday, simulating the destruction of an invading Chinese force during an amphibious assault. The drill, held along Taiwans west coast facing...

Trump Claims Iran War Victory Near as Oil Prices Expected to Drop

U.S. President Donald Trump stated on Monday evening that the United States is nearing victory in its conflict with Iran, adding that global oil prices could decline significantly once the war comes to an end. During a...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets

OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...

Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026

Apple has introduced the latest version of its Apple Intelligence platform at the Worldwide Developers Conference (WWDC) 2026, signaling a stronger push into the rapidly evolving artificial intelligence market. The...

Qualcomm Stock Gains After Jensen Huang Endorsement

Qualcomm (NASDAQ: QCOM) shares moved higher in after-hours trading on Monday, rising approximately 2% after NVIDIA (NASDAQ: NVDA) CEO Jensen Huang publicly praised the semiconductor company and encouraged investors to...

Naver Stock Jumps on NVIDIA Partnership to Build South Korea’s AI Infrastructure

Naver Corp. (KS:035420) shares surged on Monday after the South Korean technology giant announced a major artificial intelligence partnership with NVIDIA Corporation (NASDAQ: NVDA). The news fueled strong investor...

Nvidia Expands South Korea AI Partnerships to Strengthen Data Center and Memory Chip Supply

Nvidia has announced a series of strategic partnerships with leading South Korean technology companies as the AI chip giant seeks to strengthen its supply chain and accelerate the growth of its artificial intelligence...