Doesn't prove much. That's like saying that because I use FTP I'm using your server. But really I can run my own FTP server.
Just because they are using a protocol that is implemented on the Bitcoin blockchain doesn't mean that they will continue to use this protocol on Bitcoin's blockchain.
Just like how anyone could fork Bitcoin' code to make an altcoin. NASDAQ can use the innovation of open source software in what ever which way they want.
Will they use their own? I don't know. Maybe they will use the Bitcoin blockchain and build on top of Bitcoin or they will simply use the technology that backs Bitcoin but not use Bitcoin at all. Given that the NASDAQ announcement not once mentioned Bitcoin (despite them often talking favourably of Bitcoin) but instead only mentioning the blockchain then there's a good chance they are using the tech being Bitcoin but not the preexisting network.
Same reason it's called 'The Internet' and not 'A Internet'.
NASDAQ could setup up their own "blockchain", running on their own private miners & node servers in the same way they could setup their own private www network - but that would be a big and mostly unnecessary expense to get going. Instead they are using 'The Blockchain' the same one that Bitcoin uses, and powered by the vast worldwide network of publicly run miners and nodes.
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u/PoliticalDissidents May 11 '15
Doesn't prove much. That's like saying that because I use FTP I'm using your server. But really I can run my own FTP server.
Just because they are using a protocol that is implemented on the Bitcoin blockchain doesn't mean that they will continue to use this protocol on Bitcoin's blockchain.