Exchange operator Nasdaq announced yesterday that it is developing an electronic shareholder voting system based on blockchain technology for the South African capital markets.
To be delivered to South African central securities depository Strate, Nasdaq’s blockchain solution aims to bring greater voting efficiencies and shareholder participation by offering a “secure and user-friendly” tool for remote participation, a press release says.
According to Tanya Knowles, managing executive of Fractal Solutions, a division of Strate, the administration-heavy environment has associated “risks and inefficiencies.” […]
Read Full: Nasdaq to Build Blockchain Voting System for Securities Depository Strate – CoinDesk
