Blockchain technology is becoming more and more popular every day. At the recent Money 20/20 conference held in Las Vegas on October 25th-28th, 2015, NASDAQ Group CEO, Robert Greifeld, unveiled NASDAQ’s new blockchain-based private equity trading platform “Linq.”
“We are extremely encouraged by the initial demand for Nasdaq Linq from these innovative, first-mover companies, and the validation it represents of our application of blockchain technology. — Blockchain applied to the private market is innovation built on top of innovation, and carries with it the opportunity to forever alter the future of financial services infrastructure.”
— Bob Greifeld, CEO, NASDAQ
NASDAQ is a household name in trading, clearing, and exchange services, but they are not sitting tight during this “blockchain revolution;” they know they must learn this new technology or become history.
With big names like NASDAQ standing behind blockchain technology, Global Arena Holding, (GAHC) is more excited than ever about its investment in Blockchain Technologies Corporation (BTC) and the innovating products they are producing, such as Slidechain; a unique, patent-pending way of connecting multiple blockchain products together. There are a number of ways to issue custom assets on the blockchain, such as creating a separate “private” blockchain or by appending custom code into the [main] Bitcoin blockchain. Each method has its pros and cons, but Slidechain’s unique solution provides the greatest utility with the least compromises.
“There are a number of ways to issue custom assets on the blockchain, such as creating a separate ‘private’ blockchain or by appending custom code into the [main] Bitcoin blockchain. Each method has its pros and cons, but we believe the alternative solution we’ve created with Slidechain provides the greatest utility with the least compromises.
Slidechain makes it possible to bring the trust and security of the Bitcoin blockchain to smaller, special purpose blockchains. Slidechain will have applications ranging from simple digital token creation and trade settlement (like NASDAQ’s Linq) to the up and coming multibillion dollar “Internet of Things” (IoT) industry.
Additionally, Slidechain‘s allowance for a multitude of chains with custom rulesets which can interlock in a multitude of fashions allows for greater security than most blockchains, while continuing to anchor all data to the Bitcoin blockchain as its longstanding value has been demonstrated over the course of the years. Our expansion into the fields of multiple chains, self-actuating contracts and oracles add considerable flexibility to existing blockchain technology without needlessly abandoning Bitcoin’s own blockchain, and Slidechain retains interoperability with Bitcoin itself.
We like to think that by using the Bitcoin blockchain as the backbone of Slidechain we are paying homage to the blockchain’s inventor, Satoshi Nakamoto.”