On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Eftpos revealed its plans to use distributed ledger technology to power smart cities and self-driving vehicles during the Australian Blockchain Week conference.
Australia’s leading point of sale tech provider Eftpos Australia has revealed ambitious plans to roll out blockchain-powered autonomous vehicles and smart cities in Australia built using Hedera’s Hashgraph.
Speaking on April 20 as part of the Australian Blockchain Week, deputy chair of Blockchain Australia and Eftpos’ entrepreneur in residence, Robert Allen, discussed the firms’ intention to use distributed ledger technology for advanced infrastructure, among other applications:
“We're going to be looking at smart cities [...] We're going to be looking at autonomous vehicles and things that we haven't even thought about yet. All of this needs new infrastructure and Eftpos needs to be informed by that.”
Eftpos chief investment officer Ben Tabell noted the significance of the firm’s DLT initiatives in partnership with Hedera, highlighting the firms’ efforts to combine digital identity and payments solutions in Australia.
“This is a big part of our work and effort at the moment to bring in digital identity and transactions so that we can securely support payments and other transaction clubs in the Australian digital ecosystem,” he said.
Eftpos Australia first announced a proof-of-concept for an Australian stablecoin using Hedera’s Hashgraph in July 2020. While the pilot focused on micropayments, such as real-time payments for streaming and pay-per-click content, Allen noted the trial laid the groundwork for more ambitious initiatives:
“Hadera is the only next-generation network that will support those kinds of use cases. So we wanted to test it, and it has operated beautifully [...] Now because we've got all this digital strategy, we are in a position where we can start looking at ways that problems can be solved in a way which is maybe non-traditional and more distributed.”
In January, Eftpos became Hedera’s 17th governing council member and Australia’s first Hedera node operator.
Hedera has been expanding its governing council recently, with Shinhan Bank joining earlier this month, French utility giant Électricité de France onboarding in March, and Standard Bank Group becoming the network’s first African node operator in February.
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