Nasdaq 2020 Trend Analysis: Three Major Trends Reflecting Disruptive Innovation in Technology

Nasdaq CEO Adena Friedman, during the World Economic Forum, discussed her article on market economics on LinkedIn in an interview with Bloomberg. She also mentioned cryptocurrency, stating that Nasdaq and its partners have been evaluating the feasibility of Bitcoin futures products. However, she noted two key observations after assessing the market: first, the desire to find market products that differ from competitors, and second, the need to ensure risk management before launching with Nasdaq Futures Exchange license (NFX license).

• The CEO of Nasdaq recently stated in an interview with Bloomberg that they are exploring the introduction of Bitcoin futures. 1. Different from competitors' products, 2. Ensuring risk management before launching. She also believes that cryptocurrencies will have a place in the market.
• In Nasdaq's 2020 trend report, three trends were mentioned: M2M (Machine-to-Machine communication), real-time business, platform economy. The report shows that many multinational companies have incorporated blockchain, AI, and M2M technologies into their strategies.

Nasdaq CEO Adena Friedman, interviewed by Bloomberg during the World Economic Forum, discussed her article on market economics on LinkedIn, while also mentioning cryptocurrencies. She stated that Nasdaq and partners have been evaluating the feasibility of Bitcoin futures. However, she mentioned two key points observed in the market: the desire to find market products different from competitors and ensuring risk management before launching using the Nasdaq Futures Exchange license (NFX license).

Friedman also mentioned that Nasdaq is observing the entire cryptocurrency market, not just Bitcoin. She believes digital currencies and cryptocurrencies will have a place in the global economy, but the question is whether they are mature enough for commodity transfers.

Bigger trends are happening

Friedman's interview mainly responded to her recent article where she mentioned that in 2020, trends such as 5G, cloud computing, and machine learning will combine in ways many companies and managers haven't thought of, creating an interconnected world. She believes that technological innovation will cause disruptive ripples in the business world, potentially leading to utopian and dystopian effects, and suggests having insight and being prepared.

Friedman also believes that machine learning and cloud computing will become mainstream in the capital market infrastructure, helping in the development of M2M, real-time business, and platform economy. These technologies will assist in the growth of markets in the cloud, applying digital assets, improving price discovery mechanisms, and market supervision. Investors can also participate more easily and widely in investments.

Nasdaq's 2020 trend analysis also mentions that many multinational companies have already incorporated blockchain, cloud computing, M2M, machine learning, and AI into their strategies to increase efficiency, reduce costs, and provide better user experiences.

Further Reading

• CME Group: Cash-settled Bitcoin futures contracts are popular products
• Bakkt's "physically settled" Bitcoin futures officially launched, market response lukewarm

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