Fairfax County Pension Funds Invested $21 Million in Blockchain Technology

Fairfax County Pension Funds Invested $21 Million in Blockchain Technology Fairfax county of the United States state of Virginia, has invested $21 million in Morgan Creek Blockchain Opportunities Fund, according to an official notepublished on Feb. 13. Jeff Weiler, Executive Director at Fairfax County Retirement Systems, clarified the terms of recent investments in Morgan Creek Digital that reportedly amounted to $40 million. The…

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Luxembourg Passes Blockchain Framework Bill Into Law

Luxembourg Passes Blockchain Framework Bill Into Law Luxembourg lawmakers have passed bill 7363 into law, facilitating the use of blockchain technology in financial services, according to an official announcement published by the country’s parliament, the Chamber of Deputies, on Feb. 14. The new law aims provide financial market participants with more transparency and legal certainty in regard to the circulation…

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Samsung SDS Reveals Blockchain Accelerator Tech Following Hyperledger Testing

Samsung SDS Reveals Blockchain Accelerator Tech Following Hyperledger Testing The IT arm of South Korean tech giant Samsung announced it had developed technology to speed up blockchain transactions, the company confirmed in a press release on Feb 14. Presenting at the ongoing IBM Think 2019 conference in San Francisco, Samsung SDS said its new technology, Nexledger Accelerator, had already passed testing with Hyperledger Fabric.…

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Chinese Tech Giant Baidu Launches Blockchain OS to Support DApp Development

Chinese Tech Giant Baidu Launches Blockchain OS to Support DApp Development Chinese search engine and web services company Baidu has launched its Baidu Blockchain Engine (BBE), an operating system designed to facilitate decentralized application (DApp) development. The news was officially announced by Baidu’s cloud computing unit, Baidu Cloud, on Feb. 14. Baidu Cloud states that it considers an open source, commercialized platform…

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Latest XRP Ledger Release Boosts Censorship Resistance and More

Latest XRP Ledger Release Boosts Censorship Resistance and More Blockchain payments infrastructure firm Ripple has announced the latest release of XRP Ledger. “Stewarded” by Ripple, the open-source protocol is maintained by a network of peer-to-peer servers with XRP as its native “bridge” token. According to a release issued by Ripple on Thursday, version 1.2.0 of the ledger…

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JPMorgan Chase to Launch ‘JPM Coin,’ Using Crypto to Speed Settlements

JPMorgan Chase to Launch ‘JPM Coin,’ Using Crypto to Speed Settlements United States banking giant JPMorgan Chase (JPM) is launching its own cryptocurrency in a U.S. banking first, CNBC reported on Feb. 14. In a move commentators may see as unlikely, the multinational lender will use its newly developed asset, dubbed “JPM Coin,” to increase settlement efficiency, initially within three of its operations.…

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