Nasdaq buys news patent anchored in blockchain

The second largest stock exchange in the United States, Nasdaq, acquired the patent for news built on the basis of blockchain technology, for the dissemination of information

Nasdaq, the second largest stock exchange in the United States, has managed to buy the patent of a newswire anchored in a chain of blocks, to fulfill its purpose of disclosing sensitive information in real time, whenever necessary and safely.

At present, there are platforms dedicated to the distribution of news to certain recipients and at specific times, but at the time of an audit there may be many empty spaces, without clues. So the patent can become insecure and not auditable in its entirety.

In view of the prevailing need to disseminate sensitive information in time, we continue to look for alternatives to achieve the task and above all to ensure it. The blockchain can meet the requirements for that purpose, which is why it has been presented in the license acquired by Nasdaq.

Smart contracts can be used in a blockchain as a means of encryption and workflow. In this way, they are exchanged and data is provided to the corresponding recipients, while keeping track of the news that is very difficult to modify.

L.Sáenz

Source: Coincrispy

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