Nasdaq Moves Forward With Blockchain-Based E-Voting
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....
Related News
Exchange operator Nasdaq has released its conclusions about a blockchain e-voting trial it conducted in Estonia last year. A new Nasdaq report, published today, details the project, which it unveiled in February 2016. At the time, the company's officials said they hoped to reduce both the complexity and cost of organizing shareholder votes as part of a bid to boost overall participation. Overall, it concluded: "This model successfully demonstrated how a blockchain could be used for something other than transaction settlement." Nasdaq leveraged information from Estonia’s....
Global stock market giant Nasdaq has announced it is developing an electronic shareholder voting system based on blockchain technology. According to Nasdaq representatives, the trial marks the first steps in a project that would allow shareholders of companies listed on the Nasdaq OMX Tallinn Stock Exchange – Estonia's only regulated securities market – to more frequently participate in voting processes. Currently, they suggested, these processes are out of touch with the needs of the market. In comments to CoinDesk, officials connected to the project cited statistics that show shareholder....
Nasdaq has just announced the implementation of its blockchain based proxy integration in Estonia. In October last year, NewsBTC author Nikhil Gupta reported on a keynote speech given by the Nasdaq Chief Executive Bob Greifeld at the Financial News Awards for Excellence in Trading and Technology, Europe 2015, in London. As part of the speech, Greifeld addressed the potential of the blockchain and its implications for financial technology. Specifically, he commented on two things – one, that before the close of 2015 blockchain based transactions would see clearing time reduced to less than....
In a keynote speech at the Financial News Awards for Excellence in Trading and Technology, Europe 2015, in London, Nasdaq's Chief Executive Bob Greifeld declared that the exchange was going to use blockchain to manage the proxy voting system. In a nutshell, proxy voting is an important yet time-consuming exercise which is handled by a listings exchange. This exercise allows the shareholders to participate in the votes at a company's annual general meeting without attending an AGM. The Financial News also quoted him as saying that this move would first be tested on the Nasdaq's market in....
The Expanse Project has announced the development of a blockchain-based voting platform, which, according to developers, has “the potential to change the dynamics of future elections.” Expanse Wants to Take Voting to the Blockchain. According to a press release, this new project will provide voting services secured by an immutable blockchain. By virtue of the blockchain technology, said the Expanse team, their voting protocol will store voting data forever in a tamper-proof manner that is accessible across the globe. This platform reportedly makes voting easier, while making it harder to....