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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

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...
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New Samsung service Paperless adds document disposal to enterprise blockchain

Samsung SDS has launched a new cloud-based blockchain service called Paperless to address forgery and falsification problems in documents.

Samsung SDS, the information and communication technologies (ICT) arm of Samsung, launched a new service named Paperless to provide reliability and transparency of documents in a cloud environment. 

Launched as a cloud-based blockchain-as-a-service (BaaS) solution for enterprises, Paperless manages sensitive documents such as contracts, consent forms and certificates on blockchain to prevent forgery and falsification. According to the official announcement, the new service can be used in various fields such as voting or tasks that require various proof documents.

Paperless also enables the management of documents that need to be disposed of after a certain period by encrypting and storing sensitive or large-volume data at a separate server, only keeping the hash value of each data on blockchain.

Since all data history such as the creation, revision and disposal of documents is recorded on the blockchain in real time, this design combining on-chain and off-chain technology addresses “the slowdown of blockchain’s transaction speed due to massive volumes of data,” the announcement reads.

Related: Blockchain can help publishers improve audience trust

Samsung SDS added that the company applied its Paperless service to its salary contracts for employees, company-wide voting and certificate management to streamline complex processes.

The ICT subsidiary of the South Korean tech giant is a known explorer of blockchain technology. Last year, Samsung SDS announced that it would conduct a series of pilot projects to test blockchain-powered medicine distribution management to guarantee transparency in tracking pharmaceutical drugs.

Samsung itself is also a participant in the blockchain race. The company previously filed a patent for a programmable blockchain solid-state drive (SSD) and switch, although this patent is yet to bear tangible fruits.

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