7/14/2023 0 Comments Lightpaper blockchainThe RDDL network then orchestrates all these identities and connects them to blockchains via identity attestation, data notarizations, account and value settlement contracts, data exchange policies and a new blockchain primitive - descriptors.ĭescriptors describe, document and guarantee the provenance and integrity of data and signals, giving proof to the industrial and regulatory compliance of data. In the case of the RDDL network, these external systems are machines, machine infrastructure, processes and products along the complete value chain of various industries.Įverything starts with attaching identities to machines, processes, stakeholders and products. Oracles are entities that connect blockchains to external systems… In 10 years time, every edge device will have a built in hardware wallet, and the RDDL protocol will be the leader. “The Polygon blockchain also provides access to a $260 billion market - the approximate aggregate value of all ERC-20 (Ethereum-based) assets.” Tune into the Polygon Labs Blog and our social channels to stay up to date on the latest from the Polygon ecosystem.The RDDL network is establishing decentralized data oracles for globally distributed machines. “The Polygon blockchain ecosystem spans many L2, sidechains, and sovereign blockchains and our suite of Ethereum scalability solutions has seen significant adoption across DeFi, NFTs, and enterprises,” added Mr. Tokenized assets are going to positively rewire the global financial system, and Franklin Templeton is at the forefront of this movement.” "When we take a step back and look at these things less as blockchain products and more as benefits created by utilizing blockchain rails, we start to see the ‘why’. "It’s amazing to have a legacy institution like Franklin Templeton bringing transparency, interoperability, and secure, democratized access to their financial instruments, all things afforded with Polygon," said Colin Butler, Global Head of Institutional Capital at Polygon Labs. Token holders can gain exposure to the Fund in digital wallets through the Benji Investments app, available in mobile app stores. Government Money Fund is represented by one BENJI token. The Fund’s investment goal is to provide investors with as high a level of current income as is consistent with the preservation of shareholders’ capital and liquidity and aims to maintain a stable $1.00 share price. The Fund offers a competitive yield and is a regulated 1940 Act fund that invests at least 99.5% of its total assets in government securities, cash and repurchase agreements collateralized fully by government securities or cash. Tapping into the scope and breadth of the Ethereum ecosystem opens up a world of possibilities for investors. This furthers our distribution reach through a Layer 2 (L2) blockchain that has a proven track record,” said Roger Bayston, Head of Digital Assets at Franklin Templeton. Government Money Fund to Polygon enables the Fund to be further compatible with the rest of the digital ecosystem, specifically through an Ethereum-based blockchain. “Extending the reach of the Franklin OnChain U.S. The Fund’s transfer agent maintains the official record of share ownership via a proprietary blockchain-integrated system that utilizes blockchain technology for transaction activity. Government Money Fund (FOBXX) (the “Fund”), the first U.S.-registered mutual fund to use a public blockchain to process transactions and record share ownership, is now supported on the Polygon blockchain.įranklin Templeton continues to see operational efficiencies through use of a blockchain-integrated system, including increased security, faster transaction processing and reduced costs, benefiting Fund shareholders. Franklin Templeton today announces that the Franklin OnChain U.S.
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