Nasdaq Files Patent For Blockchain-based Exchange Transaction Data Backups

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nasdaq-files-patent-for-blockchain-based-exchange-transaction-data-backupsBlockchain-related patents can bring a lot of legitimacy to the distributed ledger ecosystem. Nasdaq, a company openly favoring blockchain technology for quite some time now, recently filed a new patent that refers to a new project to record transactions. This seems to resemble a new distributed system to record exchange transactions.

A New Nasdaq Blockchain Patent

The recent patent filing by Nasdaq wants to add another real-life use case for distributed ledger technology. Although there are multiple research projects underway to bring this technology into the financial sector, many different use cases remain unexplored. For Nasdaq, one of those use cases revolves around recording exchange transaction records in a distributed manner.

The US Patent and Trademark Office released the patent filing submitted by Nasdaq at the end of March 2016. What makes this filing so intriguing is how

Read more ... source: TheBitcoinNews

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