Top mutual fund firm The Vanguard Group, Inc. unveiled a plan last week to incorporate blockchain smart contract technology into some of its indexing operations beginning early next year. Vanguard’s initiative will be carried out through a partnership with the Center for Research in Security Prices (CRSP) and technology provider Symbiont and is intended to simplify Vanguard’s index data sharing process. By utilizing a dedicated blockchain network created by Symbiont, Vanguard hopes to make CRSP data available to investment managers on a nearly instantaneous basis.
Continue Reading Early Adopter—Vanguard Announces Plan to Utilize Blockchain Technology
Pier Sixty LLC
NLRB determines vulgar Facebook posts protected concerted activity
By Kathryn Rattigan on
Posted in Social Media
The National Labor Relations Board (NLRB) determined that Pier Sixty LLC, a New York catering service, violated federal labor law by firing an employee server after he posted a Facebook message protesting supervisory abuse and encouraging other employees to vote for a union in an upcoming election. At a recent catering event, employee, Hernan Perez,…