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25-26 August Current Affair For All Competition Exams

  1. World Bank launches a world-first blockchain bond.
  • ‘Bond-i’, which stands for Blockchain Operated New Debt Instrument, was created, allocated and transferred using blockchain technology.
  • It is launched by World Bank and the Commonwealth Bank of Australia is the sole manager of the deal.
  • The World Bank has priced the world’s first public bond created and managed using the only blockchain in a $100 million
  • This World Bank bonds hold an AAA rating.
  • It will be the first time that capital is raised from public investors through a legally valid bond issuance that uses blockchain from start to finish.
  • The bank’s blockchain push comes as the Australian Securities Exchange plans to switch to using distributed ledger (blockchain) technology to clear and settle equities trades from 2020 to help cut costs.

Related Information

  • Kangaroo bonds are bonds issued in Australian dollars by foreign institutions.
  • Russia’s MTS, a telecoms operator, and Sberbank claimed a world-first blockchain bond.

Blockchains

  • Blockchains are a new data structure that is secure, cryptography-based, and distributed across a network.
  • The technology supports cryptocurrencies such as Bitcoin.
  • Transfer of any data or digital asset.

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Source- Livemint

  1. Aeolus satellite launched in ‘world-first’ space mission to map Earth’s winds.
  • The satellite – named Aeolus after the guardian of wind in Greek mythology.
  • It will be placed at an altitude of 320km (200 miles) above the Earth.
  • Aeolus is the fifth of the ESA’s planned Earth Explorer missions.
  • It was recently launched from French Guiana using Vega rocket.
  • It is part of the Copernicus project, a joint initiative of the European Union and the European Space Agency (ESA).
  • To track environmental damage and aid disaster relief operations.
  • Aeolus is equipped with a single instrument: a Doppler wind lidar.

Related Information

Doppler wind Lidar

  • It is an advanced laser system designed to accurately measure global wind patterns from space.
  • The Doppler lidar transmits short, powerful pulses of laser light toward Earth in the ultraviolet spectrum.
  • Particles in the air – moisture, dust, gases – scatter a small fraction of that light energy back to the transceiver, where it is collected and recorded.

Topic-GS-3-Science and Technology

Source- The Guardian

  1. 5G Panel
  • The A.J. Paulraj panel was formed last year to recommend policy initiatives and action plans for 5G rollout. 
  • The report suggested the government should announce its 5G policy by the end of December, besides setting up a standing committee to advise on building the infrastructure for spectrum technology.
  • The committee has revealed that the advent of next-generation wireless services may impact the economy by over 1 trillion dollars.
  • 5G technologies will start entering service globally beginning in 2019 and advance to the full range of services by 2024.
  • The panel expects the commercial rollout in India of 5G by 2020.

Related Information

5G(Fifth-generation wireless)

  • 5G is the latest iteration of cellular technology, engineered to greatly increase the speed and responsiveness of wireless networks.
  • It is next generation mobile networks technology after 4G LTE networks.
  • It could travel at rates as high as 20 Gbps by some estimates — exceeding wireline network speeds.

Source- Livemint

  1. Indian-American scientist finds the simple way to predict IBD.
  • An Indian-American scientist has identified as many as 50 protein biomarkers that can non-invasively detect inflammatory bowel disease (IBD).

Related Information

Inflammatory bowel disease (IBD)

  • It is a gut disorder that leads to diarrhea, abdominal cramps, and weight loss.
  • IBD occurs when the body’s immune system fights its intestinal cells.
  • Two of the most common types are Crohn’s disease and ulcerative colitis, both of which cause inflammation in the digestive tract.

Source- AIR

5. TRIFED

Related Information

Tribal Cooperative Marketing Development Federation of India Limited (TRIFED)

  • TRIFED is a national-level apex organization functioning.
  • Since 1987.
  • Under the administrative control of Ministry of Tribal Affairs, Government of India.
  • TRIFED’s sole objective is to bring about a multi-dimensional transformation of the tribal society and a shift in the perception of their existing image.

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Source-PIB

  1. CJI Launches Applications to Facilitate Litigants and Lawyers
  • Three applications of e-filing, e-pay, and NSTEP (National Service and Tracking of Electronic Processes) created under the eCourts project were launched during the occasion.

Related Information

NSTEP – National Service and Tracking of  Electronic Processes

  • It is another innovative application launched as part of the eCourts Project.
  • In the collaboration between Case Information Software (CIS), Web portal and Mobile Application.
  • It is a transparent and secure system for transmission of the process from one location to another and shall address delays in process serving particularly for processes beyond jurisdiction.
  • It will lead to the secured auto-generation of processes with unique QR Code through CIS.

e-Pay application

  • It is a unified portal wherein facility to pay online court fees is provided.
  • The platform is user-friendly which can be used with very little self-help.
  • At present, the facility will be made operational in two states – Maharashtra and Haryana.

e-courts project

  • The eCourts Mission Mode Project (Phase I 2010-15; Phase II 2015-19) is a national eGovernance project for ICT enablement of the district and subordinate courts of the country.
  • The major objectives of the Project are to make whole judicial system ICT enabled by putting in place adequate and modern hardware and connectivity.

Source-PIB

  1. ICESat-2 (Ice, Cloud, and land Elevation Satellite 2).

Related Information

ICESat-2

  • ICESat-2 is a part of NASA’s Earth Observing System.
  • It is a planned satellite mission for measuring ice sheet elevation and sea ice freeboard.
  • It will be launched on 15 September 2018 from Vandenberg Air Force Base in California, into a near-circular, near-polar orbit with an altitude of approximately 496 km.
  • Mission Duration for three years and will carry enough propellant for seven years.
  • It will provide topography measurements of cities, lakes and reservoirs, oceans and land surfaces around the globe.
  • The ICESat-2 project is being managed by NASA Goddard Space Flight Center.
  • The satellite will launch on a Delta II rocket provided by United Launch Alliance.

Source- Times of India

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