‘Blockchain Revolution’ Comes to Wall Street at Nasdaq Event
The father and son authors of the new book "Blockchain Revolution" took to the stage this morning where Nasdaq opens and closes its market to discuss their latest work. Kicking off a panel discussion with several industry leaders, Don Tapscott and Alex Tapscott took turns discussing how the management structure of some of those very same companies could be disrupted by distributed ledger technologies like blockchain. The elder Tapscott set the stage for the conversation with a point-by-point explanation of why he believes blockchains can do to the management structure of....
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Wall Street has been embracing the latest wave of Silicon Valley financial tech at a fast rate. Over the past several months, many Wall Street Financial companies have embraced the new wave fintech enterprises with remarkable speed. The blockchain an online ledger that tracks the movement of digital currency, but it can also be used to manage, register and secure anything else that has value. Wall Street companies seem to have seen the true potential of the blockchain technology and many are now rushing to invest and develop new applications with this new technology. Jamie Dimon, JP Morgan....
Although Bitcoin has not yet reached Wall Street, its underlying blockchain technology will soon be right in the middle of the action. NASDAQ OMX, the company behind the NASDAQ stock exchange, revealed that it is testing a system that uses blockchain technology to oversee stock trades on a separate market solely for private companies. The reasoning behind the idea of using the blockchain without Bitcoin holds that the cryptocurrency is too flawed to replace existing currencies. However, even though Bitcoin is questionable, adherents of this idea admit that blockchain technology can....
Nasdaq OMX Group Inc is reportedly exploring how a blockchain-based solution could change the way shares are transferred and sold manually. The company will trial the technology in Nasdaq Private Market, a capital marketplace launched in January 2014, which sets out to connect private companies and global investors, allowing the latter to purchase shares which may eventually go public before they do so. Nasdaq chief executive Robert Greifeld told The Wall Street Journal:
Wall Street has been keeping a close eye on the evolution of distributed ledger technology in recent years. The Wall Street Blockchain Alliance, launched in 2015, announced a certification program. The primary goal is attracting Distributed Ledger Technology developers. Education is an important aspect of blockchain technology. While the possibilities of....
Wall Street Chads is the first NFT project to create a decentralized community-run investment platform. Inspired by WallStreetBets, the infamous subreddit community which is credited for the meme-investing craze and coordinating one of the largest short squeezes in history, Wall Street Chads leverages the power of the blockchain to bring the same community-driven investment strategies […]