aXpire has launched its latest technology innovation into the Fund Administration Services space. aXpire will initially serve to help asset and fund administrators and managers at banks, hedge funds, private equity firms and others to deal with the resource and time-costly process of allocating and apportioning outside vendor costs to each fund, or split of funds as is appropriate, based on the deal.
Shardus is building distributed ledger software to remedy the problems of traditional blockchains -- scalability, decentralization and efficiency. The technology being developed will use compute and state sharding to accommodate billions of daily active users, allowing for global-scale decentralized networks.