Nasdaq develop blockchain voting system

Nasdaq and Strate had agreement about deliver a new blockchain solution for South Africa
23 November 2017   331

This solution would bring electronic voting to the capital markets in South Africa. It is based on the tested concept that was developed for Nasdaq’s Estonia market and it will allow with key stakeholders in the market, give shareholders an easy, usability and secure tool for voting remotely and  to provide general meeting services.

This solution is very useful for the South African financial markets because they have many inefficiencies and risks.The solution intended to service clients’ needs across the market from  custodians, transfer secretaries to issuers, asset managers and those holding shares in listed companies.

A major indicator of progress in the capital markets is when technology not only bolsters performance, but also improves efficiency and transparency. By leveraging blockchain, we are able to reduce friction in the voting and proxy assignment process and also ensure that all information is transparent to stakeholders when required and with the proper security, governance and risk procedures in place.

 

Lars Ottersgård

Executive Vice President and Head of Market Technology, Nasdaq

It has some benefits, for example:  information about meetings, agenda items and management proposals is easily reachable, secure (multifactor) identification of shareholders and their representatives, remote participation and proxy assignment, submitting votes before and/or voting during the general meeting, full track record of assigned proxies and casted votes, online/ real-time access to voting results, transparency and auditability of voting results for listed companies and others.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   99

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.