# Instagram fixes bug that triggered hours-long outage
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-03-22
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Instagram Resolves Software Bug Causing Account Access
Meta Description: Instagram resolved a software bug causing account access issues. Accounts suspended, followers affected temporarily. Shares of Meta dropped amid wider market
URL: https://financedigest.com/instagram-fixes-bug-that-triggered-hours-long-outage-2html

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd220318-6-1737287616576-compressed.jpg)

_SEI Evaluates Distributed-ledger Technology and Offers Training for In-house Experts_

SEI (NASDAQ:SEIC) today announced its strategic partnership with Synechron, a global consulting and technology organization, to support SEI’s efforts to employ blockchain technology in the financial services industry through use cases and the establishment of SEI’s Blockchain Center of Excellence.

Building upon the company’s other blockchain projects, SEI has teamed up with Synechron to align blockchain capabilities with innovative product initiatives. SEI is [focused on the capitalization of distributed-ledger technology](https://www.financedigest.com/maximising-the-opportunities-available-from-marketing-technology-and-innovation-focused-thinking.html "Maximising the opportunities available from marketing technology and innovation focused thinking") (DLT), as it processes, validates, or authenticates transactions without the need for a central authority or intermediary. Through this collaborative exploration, SEI aims to discover [opportunities for cost](https://www.financedigest.com/modified-flour-market-overview-cost-structure-analysis-growth-opportunities-and-forecast-to-2032.html "Modified Flour Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2032"), efficiency, quality, and security gains, benefiting our clients and our business.

“We are excited to [work with Synechron in our endeavor to unleash the potential of blockchain technology](https://www.financedigest.com/what-is-5g-technology-and-how-it-works.html "What is 5G technology and how it works") and its benefits for our clients,” said Richard Godwin, Blockchain Strategy Lead at SEI. “Smart contracts enable [automation](https://www.financedigest.com/improving-your-home-with-smart-automation.html "Improving Your Home with Smart Automation") of off-ledger contractual obligations, and with this, DLT stands to provide a variety of benefits in business process management and reconciliation processes. Synechron’s experience working with organizations within the financial services and [technology sectors](https://www.financedigest.com/the-technologies-set-to-boost-the-finance-sector-in-2022.html "The technologies set to boost the finance sector in 2022") will support us as we navigate opportunities for development and implementation.”

Synechron will [aid SEI’s efforts to advance](https://www.financedigest.com/advancements-in-paints-coatings-industry-to-aid-the-growth-of-the-acetone-derivatives-market-over-the-forecast-period.html "Advancements in Paints & Coatings Industry to Aid the Growth of the Acetone Derivatives Market Over the Forecast Period") learning and technical proficiency through SEI’s Blockchain Center of Excellence. With a strict financial services background, Synechron is platform-agnostic, working with [major platforms that include](https://www.financedigest.com/chemical-process-mixers-industry-2021-includes-the-major-application-segments-and-size-in-the-global-market-to-2028.html "Chemical Process Mixers Industry 2021 Includes The Major Application Segments And Size In The Global Market To 2028") Corda, Quorum, Ethereum, and Fabric. The company’s curriculum is designed to help solve real challenges within the industry and will build SEI’s internal team of certified experts to support the development of use [cases and SEI’s core blockchain](https://www.financedigest.com/blockchain-a-case-for-the-general-ledger.html "BLOCKCHAIN: A CASE FOR THE GENERAL LEDGER") competency. Synechron’s program is supported by R3, a financial [services blockchain](https://www.financedigest.com/three-blockchain-application-scenarios-for-the-financial-services-industry.html "Three blockchain application scenarios for the financial services industry") consortium and distributed-ledger technology platform company.

“Enterprise blockchain [application development](https://www.financedigest.com/turbo-compounding-systems-market-development-status-competition-analysis-type-and-application-2026.html "Turbo Compounding Systems Market Development Status, Competition Analysis, Type and Application 2026") is reaching a new level of maturity within financial services. It is incredibly encouraging to see a leading [asset management](https://www.financedigest.com/exclusive-allianz-in-talks-with-banks-for-china-asset-management-venture-sources.html "Exclusive-Allianz in talks with banks for China asset management venture -sources") technology innovator like SEI making a meaningful commitment to cultivate talent and explore DLT use cases,” said Sandeep Kumar, Managing Director and Blockchain Center of Excellence (COE) Lead at Synechron. “We’re delighted to draw on our experience conceptualizing and building decentralized applications (DApps) across multiple DLT platforms to work alongside SEI in this process, and we believe its robust client network will provide a strong advantage for any [future application](https://www.financedigest.com/predisposition-biomarkers-market-future-trends-segmentation-strategies-to-boost-growth-applications-with-covid-19-impact-till-2028.html "Predisposition Biomarkers Market Future Trends, Segmentation, Strategies to Boost Growth, Applications with Covid-19 Impact till 2028") adoption.”


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---

