Filedin February, the application was launched by the U.S. Patent and Trademark Office on August 10, with the complete submission detailing how the exchange is looking tosafeguard a dispersed system that shares and shops transactional data.
Inventedby Johan Toll and Fredrik Sjöblom, both of whom work for the post-trade market innovation at Nasdaq, the patent application information their procedure for utilizing a blockchain to set deal demands in between 2 nodes. The data matching would then be timestamped and kept in the journal, in a comparable manner in which bitcoin deals are kept its underlying blockchain.
Butwhile intriguing by itself, the filing comes just a number of days after the candidate’s moms and dad business Nasdaq Inc was exposed to have actually made a comparable filing.
Asreported by CoinDesk, Nasdaq Inc is likewise looking for to patent a dispersed platform that allows a user to send a time-sensitive file to a blockchain, where each adjustment would be taped and upgraded on a distributed ledger
Steppingback, the filings are likewise happening throughout exactly what has actually been a boom in blockchain patent applications, with CoinDesk data exposing that the rate of submissions has nearly doubled already in 2017.
Nasdaqimage through Shutterstock