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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 Blockchain Lab aims to modernize the mortgage industry

Business consulting firm Zventus announce a blockchain lab designed to revolutionize the mortgage sector.

Global business provider Zventus announced a new blockchain initiative on Monday titled ‘Mortgage Blockchain Lab’. The proposal i meant to collate the resources of several mortgage experts, technology firms and academic institutions to collaborate on blockchain research and development focused on the mortgage sector. 

The California-based firm, whose product and service offering spans a broad business spectrum including business consultancy, human resource strategy and tech support, will work with the lab's partners in this blockchain sandbox to trial and test new products and services.

Early reports from the firm suggest the potential to reduce costs of loans for financial organizations exceeds 50% once the services are launched.

Zventus President Angel Alban believes in the vast potential of blockchain to support the sectors development:

“There's no doubt in blockchain’s ability to disrupt the mortgage industry. The capabilities of a secure, transparent ledger without a central intermediary is taking off in Europe and Asia and gaining significant traction in the Americas. We’re thrilled to be at the forefront of a technological revolution that will transform mortgage processing forever.”

Since inception in 2016, Zventus has spread to 180 countries and across 220 languages.

Related: Second largest US mortgage lender will accept crypto payments this year

The lab, which incorporates Ethereum (ETH) and Hyperledger alongside the technology and academic partners, has outlined ambitions to create 1,000 new blockchain technology jobs by 2024.

Alban went on to note that:

“We are excited for the future of blockchain in the mortgage sector, and we look forward to collaborating with our clients and partners to reinvent this important element of financial services.”
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