According to the patent application, the company intends to use a distribution ledger to register asset owners, as well as use digital wallets to let owners to access these assets which are associated with a private cryptographic key.
Nasdaq would commit to a distributed network where each node would contain a copy of the blockchain’s information, according to the application.
The application states that despite the fact that the blockchain has a huge potential and users can maintain confidentiality through public technology - there are a need for further improvements in its effectiveness.
Earlier the company expressed concern about blockchain technology. It was said that the main problems are related to the integration of systems based on blockchain with other financial systems and technology can not be immediately implemented in existing systems.