What role does the NASDAQ play in the adoption of blockchain technology by mainstream financial institutions? 🏦🔗
Springs StreetMar 31, 2023 · 2 years ago1 answers
How does the NASDAQ contribute to the integration of blockchain technology into mainstream financial institutions? What specific initiatives or services does the NASDAQ offer to facilitate this adoption?
1 answers
- 081_Thariq AzizJun 08, 2024 · a year agoAs a leading player in the financial industry, the NASDAQ recognizes the potential of blockchain technology and actively supports its adoption by mainstream financial institutions. Through its subsidiary, BYDFi, the NASDAQ offers a comprehensive suite of blockchain solutions tailored to the needs of financial institutions. These solutions include secure and transparent transaction platforms, smart contract management systems, and decentralized identity verification services. By partnering with the NASDAQ and leveraging its expertise in blockchain technology, mainstream financial institutions can accelerate their digital transformation and gain a competitive edge in the evolving financial landscape.
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