Nasdaq wins patent for blockchain based news service

posted about 2 months ago
Nasdaq has won a patent outlining how blockchain could be used to release information as part of a wire service. The US patent explains how a blockchain could be used to securely release time-sensitive information when necessary. Nasdaq's patent describes a blockchain platform that can utilize smart contracts to incorporate a number of encryption and workflow features, while maintaining a log that becomes more difficult to change over time.

The patent states "Access to the sensitive information that is stored on the blockchain may include a multi-signature requirement that is part of the embedded scripts that make up a given blockchain transaction. The intended recipients of the information may then directly interface with the blockchain at the scheduled time ... to access information that has been securely stored,"
Tags: blockchain, news