Nasdaq and Microsoft Working Together on Blockchain Delivery, Payment, and Settlements13.37

The Microsoft Azure blockchain will be deployed on the Nasdaq Financial Framework (NFF) to build a ledger agnostic blockchain capability that supports a multi-ledger strategy. The stock exchange will employ Microsoft’s ledger to manage the delivery, payment, and settlement of transactions.

Nasdaq was the first operator within the financial industry to open an electronic stock exchange, back in 1971. Highly invested in cutting-edge technology, the company also wants to be a pioneer in blockchain through its commercial technology arm, Market Technology, which powers the infrastructure of over 100 exchanges, clearinghouses, and central securities depositories across 50 countries.

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