Abu Dhabi Stock Exchange Launches Blockchain Voting Service
A major securities exchange in Abu Dhabi has announced the launch of a blockchain-enabled voting service. According to The Abu Dhabi Securities Exchange (ADX), the service enables stakeholders to both participate in and observe votes held during annual general meetings (AGMs). The offering focuses on a use case that has spurred both private and public sector interest in the past. The exchange, founded in 2000, said last week that it would showcase the project during the GITEX Tech Week, an Abu Dhabi-based technology conference that began yesterday. When announcing the service, ADX invoked....
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The Abu Dhabi Securities Exchange (ADX), has developed an e-voting platform based on blockchain technology, an announcement yesterday revealed. The e-voting service will enable shareholders of listed companies on the exchange to vote during annual general meetings. The aim is to facilitate a simpler and more effective voting process, in what is traditionally a cumbersome and manual procedure. Presumably, each transaction on the ADX-developed blockchain platform will be counted as a vote. Blockchain is considered a decentralized and safe network… fast, and efficient for all network partners....
Abu Dhabi Securities Exchange (ADX) announced its launch of blockchain-based voting services at the GITEX Technology Week. The event is taking place at the Dubai World Trade Centre from October 16 to 20. About ADX Blockchain eVoting Services. ADX Blockchain eVoting Services could benefit companies’ shareholders. They will be able to directly connect and....
Abu Dhabi Securities Exchange becomes the first stock exchange in the Middle East to incorporate blockchain eVoting solution. The Middle East is emerging to be one of the most receptive markets for Blockchain technology. Yesterday, Abu Dhabi Securities Exchange (ADX) became the latest financial institution in the region to announce the implementation of blockchain technology-based voting services. The announcement made at the ongoing GITEX Tech Week event closely follows Dubai Government’s recent decision to use distributed ledger technology to maintain records. ADX’s implementation for....
The deployment of blockchain technology is very much on the agenda of the Abu Dhabi Securities Exchange, revealed chief executive Rasheed Al Blooshi. The Abu Dhabi Securities Exchange (ADX) will look to deploy blockchain technology, the innovation powering digital currencies like bitcoin, on a regional scale in compliance to a remit in line with Abu Dhabi’s Economic Vision 2030 [PDF]. “[A]dopting blockchain technology in our projects comes in alignment with the digital transformation of Abu Dhabi’s government services as we constantly strive to introduce new ways that ease the process of....
E-voting has emerged as an area with many applications, including shareholder voting, according to a Nasdaq report by Richard DeMarinis, principal software engineer at Nasdaq’s enterprise architecture and Heidi Uustalu, head of Nasdaq Tallinn issuer services, and Frederik Voss, head of Nasdaq blockchain strategy. Nasdaq announced interest in 2016 in a new e-voting platform using blockchain technology on its Tallinn exchange in Estonia. The project leveraged digital ID solutions used by the government to provide ID cards to foreigners through the country’s e-Residency program. The Nasdaq’s....