It is a glorified excel spread sheet that tracks share issuance. Are you kidding me?
This reminds me of Antonopoulos' Five Stages of Grief speech in Toronto. The Corp's are trying to make sense of things, trying to cleave off Bitcoin and remove the entire concept of the technology itself. This is centralized control on a NASDAQ server that is susceptible to the same short comings of current systems and the easy ability to compromise these types of systems.
The NASDAQ would never allow 'the many' and 'trust' the democratic nature of an actual Blockchain to secure validity in its market place, let alone proportion an incentivization token for the maintenance of the algo's responsible for the authenticity. What a joke.
It really is comical to watch this stuff play out. When Corp's are throwing cash away like this for origami, all of you should just get into the Bitcoin space and say something mildly confusing - you will be mistaken for a Blockchain God and the heavens will rain investment dollars.
two things that make blockchains work
no single one person has access to all the databases (nodes)
no single one person has access to all the transaction pools that fill the databases (miners)
so although i have not looked into Linq. i for gods sake hope that all the nodes and miners are not sat in one office..