REDMOND, Wash.—Microsoft is reportedly partnering with Nasdaq on blockchain, in which its Azure blockchain services will integrate with Nasdaq’s Financial Framework.
Nasdaq’s Financial Framework offers software for traders, exchanges and clearinghouses to interact with each other. The partnership is aimed at creating a blockchain system to help technologies work together for Nasdaq customers, Pymnts.com said.
“In one example, the technology will more easily match buyers and sellers to manage delivery, payment and settlements. Nasdaq Financial Framework will provide customers with the ability to use blockchain via one interface. The companies hope that will ease and accelerate blockchain use, and enable customers to choose the option that works best for them,” Pymnts.com said.