Nasdaq Reveals Six Clients For Its Blockchain-Enabled Platform

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Money20/20 event, held in Las Vegas, has seen many announcements made by several companies.

Among these is Nasdaq, which unveiled the names of the private company clients for its blockchain-enabled, and a first platform of its kind, “Nasdaq Linq.”

Bob Greifeld, CEO of Nasdaq, expressed his happiness over the development, and said, that “We are extremely encouraged by the initial demand for Nasdaq Linq from these innovative, first-mover companies, and the validation it represents of our application of blockchain technology.”

He later added that “blockchain applied to the private market is innovation built on top of innovation, and carries with it the opportunity to forever alter the future of financial services infrastructure.”

The names and a brief introduction of the initial clients of Nasdaq Linq are as under:

1. Chain.com: It is a leading blockchain infrastructure provider for financial institutions and enterprises.
2. ChangeTip: It utilizes blockchain technology and its platform allows instant transactions between two users.
3. PeerNova: It is a thought leader in enterprise-class cryptographic ledgers and data solutions.
4. Synack: It is a cyber security company that has built a unique Crowd Security Intelligence™ model which delivers secure, continuous, and scalable security assessments to the enterprise.
5. Tango:  It is the developer of Tango, a free mobile messaging app with more than 300 million registered members.
6. Vera: It delivers a first-of-its-kind solution that enables businesses of all types to easily secure and track any digital information across all platforms and devices.

Adam Ludwin, CEO of Chain.com, said that the company is excited about Nasdaq Linq and looks forward to seeing it issue and manage his company’s security in a more efficient and in a more transparent way.

Announced this May, the enterprise-wide blockchain initiative, Nasdaq Linq, is a digital ledger 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.

It will be utilized to complement ExactEquity.

Nasdaq was earlier in the news when its Chief Executive Bob Greifeld had revealed that the company will use blockchain to manage proxy voting in Estonia.