Nasdaq Heads for Estonia to Build Blockchain Applications

default
ADVERTISEMENTSBlockchain Expo North America 2019
Evident
Token Agency

Share with:


Nasdaq plans to develop applications for blockchain in Estonia – a tiny country in northeastern Europe, just below Finland which is the size of The Netherlands, with 13 times less people at 1.3 million inhabitants (which is comparable to the population of Hawaii).

advertisementToken Agency

Two and a half decades after Estonia regained its independence in 1991, after the collapse of the Soviet Union it is a world leader in technology. Estonian hackers developed the code behind Skype and Kazaa (an early file-sharing network).

In 2007 it became the first country to allow online voting in a general election. It has among the world’s fastes broadband speeds and holds the record for start-ups per person. Its 1.3m citizens pay for parking spaces with their mobile phones and have their health records stored in the digital cloud. Filing an annual tax return online, as 95% of Estonians do, takes about five minutes. 

According to a recent article at Reuters by John McCrank:

Nasdaq is on track to roll out the technology on its market for private companies, Nasdaq Private Market, later this year, helping firms keep track of the shares they issue and enabling them to almost instantaneously settle transactions, Nasdaq Co-President, Hans-Ole Jochumsen, said in an interview.

The New York-based company is also preparing plans to develop new blockchain applications in Estonia, where Nasdaq owns the Tallinn Stock Exchange, Estonia’s only regulated secondary securities market, as well as The Estonia Central Securities Depository (ECSD), he said.

The applications will focus on improving the proxy voting process for companies, as well as for company registration and public pension registration, which Nasdaq has a contract to manage with the government of the Baltic country of around 1.3 million.

Leave Comments

Share with:


About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles

Facebook Comments

advertisements
Blockchain Partners

Token Agency
global
Tymlez
Blockchain Expo North America 2019
Ammbr Blockchain Technology

1 COMMENT

  1. […] などの組織とも契約している。さらに、アメリカの Nasdaq はアプリケーション開発のためにバルトの小国エストニアに手を伸ば…、 Skype の共同設立者 Jaan Tallinn 氏もエストニアを拠点とする Funderbeam […]

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.