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Nasdaq just launched its blockchain backed solution for financial infrastructure providers - the Nasdaq Financial Framework. The idea is to provide an end-to-end solution to over 100 market operator clients and to Nasdaq's own business units. It seems the result will be seen in faster implementation of new markets and transactions. Behind the scenes, this should also allow for the better collection and tracking of transactional data through use of the blockchain.
“This is a watershed moment for how market operators integrate and operate their market technology,” said Adena Friedman, President and Chief Operating Officer, Nasdaq. “The Nasdaq Financial Framework is the result of significant R&D efforts and transforms our offering into a modular portfolio that enables a more flexible, tailored approach to each client’s business and their ambitions. We are excited to bring this offering to our clients and prospects who run the infrastructure of the world’s capital markets.”
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