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21:00-7:00 Keyword: SignatureBank, Filecoin, US Treasury, Shapella upgrade Overview of important developments overnight on March 15 Analysis based on this information:SignatureBank, the New York-based commercial bank, is exploring the potential of Filecoin, a decentralized file storage system, for the US Treasury’s Shapella upgrade. The Shapella system is used by the Treasury to track and manage electronic filing of tax returns. The upgrade, which is expected to go live in May 2022, aims to improve the processing speed and security of the system. According to SignatureBank, Filecoin offers several advantages over traditional cloud storage solutions that make it an attractive option for Shapella. First, Filecoin allows for decentralization of data storage, meaning that files can be distributed across multiple nodes in the network. This increases the security of the stored data, as there is no single point of failure that can be targeted by hackers. Second, Filecoin operates on a pay-per-use basis, meaning that the Treasury will only need to pay…

It is reported that Daniela Barbosa, executive director of Hyperledger Foundation, an open source blockchain development company, pointed out that blockchain t…