Ron Burgundy Posted November 14, 2015 Share Posted November 14, 2015 By John McCrank NEW YORK (Reuters) - Exchange and clearing house operator Nasdaq Inc plans to develop several applications for blockchain, the technology underpinning the digital currency bitcoin, using its Estonian settling and clearing business, a senior Nasdaq executive said on Friday. Nasdaq is on track to roll out the technology on its market for private companies, Nasdaq Private Market, later this year, helping firms keep track of the shares they issue and enabling them to almost instantaneously settle transactions, Nasdaq Co-President, Hans-Ole Jochumsen, said in an interview. The New York-based company is also preparing plans to develop new blockchain applications in Estonia, where Nasdaq owns the Tallinn Stock Exchange, Estonia's only regulated secondary securities market, as well as The Estonia Central Securities Depository (ECSD), he said. View the full article Quote Link to comment Share on other sites More sharing options...
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