Microsoft (MSFT) said in a blog post that it is integrating the Nasdaq (NDAQ) Financial Framework with Microsoft Azure Blockchain to build a ledger agnostic blockchain capability that supports a multi-ledger strategy as part of efforts to accelerate Nadaq's blockchain capabilities. Azure will deliver highly secure interoperation and communication between the Nasdaq Financial Framework core infrastructure, ecosystem middleware and customer technologies, using an innovative blockchain microservices suite to execute transactions and contracts, Microsoft said. These offerings create a sophisticated blockchain system that allow various technologies to work together in a secure, scalable way, and enable Nasdaq to meet their customer requirements across multiple projects. "With multiple blockchains in use by various industry participants, we believe that the combination of NFF and Microsoft's blockchain technology can remove some of the project complexities that exist in this realm," says Tom Fay, Senior Vice President of Enterprise Architecture at Nasdaq. "Additionally, as more industries move towards capital markets technology and structures, we see the potential for blockchain to provide value in secure, frictionless and instantaneous matching of buyers and sellers." These capabilities will also allow capital market organizations to use any NFF-based applications that incorporate blockchain technologies without the need for ledger-specific skills or knowledge, which is critical as the industry pursues new use cases for distributed ledger technology, the company added. Reference Link
