American software giant Microsoft is equipped with a plan to integrate the Azure Blockchain technology with the Nasdaq Financial Framework (NFF).
Azure Blockchain integration will reportedly allow the Financial Framework’s customers to deploy various blockchains through one common interface, which increases the Blockchain Development market.
Tom Fay, Senior Vice President of Enterprise Architecture at Nasdaq, said that the partnership with Microsoft removes some of the complexities of integrating blockchain technology into existing infrastructures. He added:
“Our NFF integration with their blockchain services provides a layer of abstraction, making our offering ledger-agnostic, secure, highly scalable, and ultimately helps us continue to explore a much broader range of customer use cases for blockchain.”
New patents revealed consisted of references to “an information computer system provided for securely releasing time-sensitive information to recipients via a blockchain.”