By The Associated PressTechnology that allows anyone to generate money online is beginning to take off, from companies like Bitcoin-Mash that let you buy, sell or trade virtual currencies, to companies like the New York Stock Exchange that are building digital platforms for buying and selling stocks.
The New York stock exchange’s stock market website is being transformed into a blockchain-based exchange, with a new feature allowing users to buy and sell shares in bitcoin, which has soared in value over the past year.
The exchange said it is also working on a system for listing stocks that would enable investors to exchange shares with one another.
The move to the blockchain is expected to create jobs for people with the skills to develop and operate the platforms, said Ryan Breslin, chief technology officer for the exchange.
It could also allow for the rapid exchange of virtual currency into and out of the exchange’s market, he said.
There are hundreds of blockchain companies in the United States, including bitcoin mining companies, the digital currency exchange Bitfinex and the stock exchange Bittrex.
But blockchain technology is still relatively new in the financial world, with companies like Bitstamp and Kraken trying to capitalize on a growing demand for online money transfers.
Roughly 80 percent of U.S. companies do not have a blockchain website, according to the Digital Currency Group, a non-profit organization that advocates for better technology and a more transparent regulatory environment for digital currencies.
But in a few areas, there is a burgeoning interest in the technology.
The Nasdaq, the nation’s largest stock exchange, has announced plans to make its own blockchain-powered exchange by the end of the year.
It has plans to build an exchange that would allow users to exchange virtual currency for stock, futures and other products.
The Wall Street Journal has reported that Google, Facebook and Amazon are working on similar platforms, which could enable users to use their computers to transfer money between each other and to store it.
Other companies are creating digital platforms to allow users more easily to create digital wallets, or wallets for digital money.
In addition, some companies have started creating platforms to handle digital payments, and others are looking at ways to streamline financial transactions.
The bitcoin price has surged from about $1,100 in January, then quickly rose to more than $1.5, and then has since fallen below $1 to about $930.
But investors have expressed concerns that bitcoin could become the next bubble in financial markets.
Bitcoin has a market capitalization of $15.4 billion, and the price is down nearly 30 percent since January.