The digital currency Bitcoin is revolutionary because it operates as a decentralized system where transactions take place directly. No intermediaries require. “Blockchain” is the technology underlying the system, by which each transaction is recorded in a public ledger. A recent, fascinating development is an experiment by Nasdaq to duplicate that technology in its Nasdaq Private Market, a marketplace which handles pre-IPO trading among private companies. The ultimate goal is to automate every transaction, thus eliminating the need for lawyers and other intermediaries. No doubt the pilot project will be closely scrutinized—potentially, it is every area of finance that could be transformed by Bitcoin technology.
NASDAQ marketplace experiments with Bitcoin technology
More of Today's Solutions
How robots and drones are cleaning the ocean floor across Europe
BY THE OPTIMIST DAILY EDITORIAL TEAM Most ocean cleanup efforts work on the same assumption: the problem floats. Skim the surface, collect the plastic, ...
Read MoreHummingbird migration 2026: when they’ll reach your garden and how to get ready
BY THE OPTIMIST DAILY EDITORIAL TEAM Right now, somewhere over the Gulf of Mexico, a hummingbird that weighs less than a nickel is crossing ...
Read MoreThrills and chills: how horror films can improve your mental health
The mere mention of legendary horror films such as "The Exorcist" and "Silent Night, Deadly Night" conjures up images of terror and revulsion. But ...
Read MoreIrish town’s Smartphone ban offers blueprint for digital balance and ki...
The daily quandary of when to introduce smartphones to tweens resonates with parents worldwide. Greystones, County Wicklow, in Ireland, however, didn't just grapple with ...
Read More
