Bitcoinbitcoin20171225
19 comments
Rowsells exmouth font
To continue reading this article, please exit incognito mode or log in. Visitors are allowed 3 free articles per month without a subscription , and private browsing prevents us from counting how many stories you've read.
We hope you understand, and consider subscribing for unlimited online access. Those who use commercial database tools have to trust their valuable data to the companies that market those tools.
The stock exchange announced recently that it has begun experimenting with the blockchain—the publicly accessible and cryptographically verified record of every single Bitcoin transaction that has ever occurred. Nasdaq intends to use this feature of the blockchain to streamline financial record keeping while making it cheaper and more accurate. Though the company says the blockchain initiative could ultimately be used to record trades of stocks in public firms listed on its exchange, it will begin by focusing on its relatively new private market platform, a service that connects private companies with investors.
In this case, record keeping via the blockchain will complement a cloud-based data management tool that tracks who owns shares of a given company, and how much they own. In many cases, companies manage their own data in a spreadsheet program like Microsoft Excel, and pay lawyers to validate the information every time the table changes. He and his colleagues at Nasdaq think the blockchain can be essential to such a system. To understand how this will work, imagine an employee wants to sell a percentage of her shares.
Last month, Nasdaq announced that it has partnered with blockchain technology startup Chain to help it technically implement this part. Peterson says Nasdaq will explore opportunities to implement blockchain technology in other areas of its business, a large part of which is supplying the underlying technologies that run various securities exchanges around the world.
Catch up with our coverage of the event. Experts suggest that having AI systems try to outwit one another could help a person judge their intentions. To make AI programs smarter, researchers are creating virtual worlds for them to explore. Data gathered by autonomous cars and shared with insurance companies could be used to keep the vehicles from taking undue risks.
Everything included in Insider Basic, plus the digital magazine, extensive archive, ad-free web experience, and discounts to partner offerings and MIT Technology Review events. Unlimited online access including all articles, multimedia, and more. The Download newsletter with top tech stories delivered daily to your inbox.
Technology Review PDF magazine archive, including articles, images, and covers dating back to Six issues of our award winning print magazine, unlimited online access plus The Download with the top tech stories delivered daily to your inbox. Unlimited online access including articles and video, plus The Download with the top tech stories delivered daily to your inbox. Revert to standard pricing. Hello, We noticed you're browsing in private or incognito mode. Subscribe now for unlimited access to online articles.
Why we made this change Visitors are allowed 3 free articles per month without a subscription , and private browsing prevents us from counting how many stories you've read. Addressing Bias in AI How can we be sure AI will behave? Perhaps by watching it argue with itself. Facebook helped create an AI scavenger hunt that could lead to the first useful home robots.
One way to get self-driving cars on the road faster: Want more award-winning journalism? Subscribe and become an Insider. Print Magazine 6 bi-monthly issues Unlimited online access including all articles, multimedia, and more The Download newsletter with top tech stories delivered daily to your inbox. Unlimited online access including all articles, multimedia, and more The Download newsletter with top tech stories delivered daily to your inbox.
You've read of three free articles this month. Subscribe now for unlimited online access. This is your last free article this month. You've read all your free articles this month. Log in for more, or subscribe now for unlimited online access. Log in for two more free articles, or subscribe now for unlimited online access.