A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing blocks-the most recent transactions-are recorded and added to it in chronological order; it allows market participants to keep track of digital currency transactions without central recordkeeping. The technology has been believed to potentially disrupt business and the financial services in a way similar to how the internet disrupted offline commerce. Cryptocurrencies such as Bitcoin and Ethereum are built on this technology. The technology is a shared digital ledger and supported by peer-to-peer (P2P) network which is neither public nor private. It is progressively becoming an integral part of enterprise businesses. The incorruptible nature of the blockchain makes it suited to sorting data safely, as all transactions with the data have to be verified, resulting in a reduced chance of tampering and hacking. This feature lends blockchain well to being used to create smart-contracts. Here’s our selection for the top 10 recent blockchain new stories.

1. Massive Disruption’: IMF’s Lagarde Says Cryptocurrencies Must Be Taken Seriously

Oct 13, 2017 at 12:30 UTC by Rachel Rose O’Leary

Christine Lagarde, managing director of the international monetary fund (IMF), said it was time for the world’s central banks and regulators to get serious about digital currencies. According to Lagarde, cryptocurrencies could play a future role in updating the IMF’s own internal currency, a reserve asset named the Special Drawing Right (SDR). The IMF has been exploring the potential of the technology for some time, taking a focus on both cross-border payments and the possibility of a central bank-backed cryptocurrency. Optimistically, the Director argued that distributed ledger tech (DLT) could be used as a means to combat financial fraud and funding of terrorism.

2. Indian firm VVDN unveils blockchain based smartphone at Rs 75,000

By Indian Times Sep 29, 2017

Gurugram-based VVDN in partnership with Irish company Embedded Downloads unveiled the world’s first blockhain technology based smartphone BitVault for Rs 75,000 a unit. Only Android user interface is used but the core operating system had earlier been developed. The phone does not support Google Play store and has developed its own mobile application,including other amazing features. It offers secured communication with initial focus on enterprise customers, defense and police for sale its sale.

3. Everything Blockchain’ Is No Joke, Taking World By Storm

By Rita Ahlman OCT 07, 2017

Blockchain applications keep soaring daily new heights with interesting use cases including the incredible The Times Higher Education World University Blockchain education in their curricula. Inclusively, Blockchain-inspired think tank of transportation industry players, the newly established Blockchain in Trucking Alliance (BiTA) drives the blockchain tech application on board the vehicle of its applications.

4. Zilliqa Breaks 2,400 Transactions per Second with their ‘Sharding’ Blockchain

By Richard Kastelein October 13, 2017

Zilliqa, a Blockchain platform developed by National University of Singapore researchers, recently reached a breakthrough for scalability on its platform by increasing the throughput threshold to 2,488 transactions per second on an internal testnet thanks to their “sharding” technology. The company’s goal is to hit the average throughput of VISA and MasterCard which is around 8,000 TX/s. Ziliqa is also creating a smart contract language that, although non-Turing complete, is instead scalability driven.

5. Blockchain Could Reduce Waste, Save US State Department Billions

By Joshua Althauser 13/10/2017

US Deputy Secretary of State John Sullivan is encouraging the Department and its partners in the private sector to seriously study the possible integration of Blockchain technology into the agency’s operations. He proposed that the technology should be used to advance the agency’s diplomacy and development objectives. The technology could become part of the major department overhaul, a restructuring that aims to save $10 bln over five years. The technology could also bolster national security and promote greater economic prosperity.

6. Russians have invented a high-tech heater that also mines Ethereum

By Mix — 13/10/2017 in Tech

Russian cryptocurrency startup Comino has come up with a high-tech solution that aims to tackle both crippling recession and cold weather-an Ethereum mining device that also doubles as a heater. The device comes in two variations, the Comino N1 for mining Ethereum  and the Comino N4 for mining  Zcash.

7. Blockchain Technology Will Enable Accountability in Digital Advertising

By Iyke Aru OCT 11, 2017

The irregularities in digital advertising have become a great concern, especially as every sector involved in the process is expressing one form of frustration or the other-there is a chaotic scene in the entire digital advertising system. Stakeholders are earnestly expecting accountability and improved results for ad campaigns thanks to blockchain technology.  

8. Centers for Disease Control to Launch First Blockchain Test on Disaster Relief

Sep 25, 2017 at 11:00 UTC by Aaron Stanley

For public health practitioners, the ability to quickly collect, analyze and take action on data is paramount to containing the spread of a deadly new virus or disease. But despite the advent of big data technologies, collecting this information today remains a highly cumbersome and time-consuming process. Now in search of a better solution, a blockchain proof-of-concept could facilitate the more rapid and reliable capture of epidemiological data in crisis situations.

9. Marine matters: How blockchain technology is stirring the waters for the shipping trade

Posted by Tim Alper | Sep 18, 2017

The world’s marine industry giants have long been regarded as conservative, set in their ways and resistant to change. Yet, if recent blockchain-related developments are anything to go by, it seems nothing could be further from the truth. In many parts of the world, shipping is seen as an industry on the decline. However, some say, blockchain pilot schemes are now helping breathe new life into the marine trade. In an industry plagued by fake agents, fake documents and even fake goods, blockchain’s immutable ledger system has the potential to kick fraud into touch for good.

10. Illinois is experimenting with blockchains to replace physical birth certificates

By Kyree Leary September 28, 2017

Illinois will soon test a blockchain-like ledger that hopes to give people better control and access to their birth certificate and other identifying documents. While a ledger would be more secure, it could also lead to more permanent mistakes.

Based on the aforementioned, blockchain technology is a different, intriguing, amazing and remarkable way of awakening our future. We believe that blockchain technology is growing and will continue to do so. The blockchains.my advanced digital wallet app, is another example of the growing potential of this technology. So, as it is important to know the technologies’ limitations and myths that are not true, the technology itself seems very promising well into the future, with and without cryptocurrencies.