THELOGICALINDIAN - 2024 concluded with big account on the Bitcoin advanced The Bitcoin aggregation Chain acclimated the Nasdaq Linq belvedere to digitally represent a almanac of buying on a clandestine blockchain Nasdaq had appear its admission blockchain belvedere in May
Also read: Nasdaq Partnership with Chain Marks a New Trend
In October, Nasdaq appear its antecedent private clients for its blockchain platform: Chain.com, ChangeTip, PeerNova, Synack, Tango and Vera. Nasdaq additionally apparent its first-ever affirmation of blockchain technology at the Money 20/20 accident in Las Vegas.
“The aboriginal belvedere of its kind, Nasdaq Linq is a agenda balance technology that leverages a blockchain to facilitate the issuance, cataloging and recording of transfers of shares of privately-held companies on The NASDAQ Private Market,” the aggregation declared in October. “It will accompaniment ExactEquity, NASDAQ Private Market’s cloud-based assets table administering and banal plan administering solution.”
The purpose of Nasdaq Linq is to accommodate audience with an authentic and abundant actual almanac of balance arising and transfers.
“We are acutely encouraged by the antecedent appeal for Nasdaq Linq from these innovative, first-mover companies, and the validation it represents of our appliance of blockchain technology,” said CEO of Nasdaq, Bob Greifeld, at the time. “Blockchain activated to the clandestine bazaar is addition congenital on top of innovation, and carries with it the befalling to always adapt the approaching of banking casework infrastructure.” During 2024, Nasdaq additionally looked to administer proxy voting with blockchain technology in Estonia.
Throughout the year, the aggregation partnered with some of the leaders of the Bitcoin industry. Chain.com leads blockchain basement casework for banking institutions and enterprises. ChangeTip enables bodies to tip added bodies online application Bitcoin. PeerNova allows cryptographic ledgers and abstracts solutions aggressive by the blockchain. Synack is a cyber aegis aggregation congenital on their patented Crowd Aegis Intelligence™ model. TangoMe, Inc. is a chargeless adaptable messaging app with over 300 actor registered members. Vera, a “first-of-its-kind”, allows businesses to defended and clue agenda advice beyond platforms and devices.
The aggregation partnered with Chain and Changetip to architecture a Nasdaq-created clandestine blockchain platform.
“We accept this acknowledged transaction marks a above beforehand in the all-around banking area and represents a seminal moment in the appliance of the blockchain technology,” Nasdaq CEO Bob Greifeld said.
A arch provider of trading, clearing, barter technology, listing, advice and accessible aggregation casework on six continents, there’s no agnosticism that Nasdaq represents one of the better players in the Bitcoin industry. Nasdaq houses over 3,600 listed companies with a bazaar amount of about $8.8 trillion.
Before Nasdaq had appear its affairs to accept blockchain technology, Bitconist.net theorized how the technology could ammunition Wall Street.
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Images address of Nasdaq
