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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Tag: ASX

Australia Securities Exchange Deputy CEO on Blockchain: “Not a Radically Different Approach”

Category: Adoption, Blockchain, Finance, News

Australia Securities Exchange Deputy CEO on Blockchain: “Not a Radically Different Approach”

While the blockchain technology, albeit slowly and steadily, continues to reshape the traditional mechanisms in the financial industry, the deputy CEO of Australia’s leading stock exchange ASX Ltd. doesn’t view the technology as a game-changer, per a report by Bloomberg published on October 24, 2018. Not a Radically Different Approach Earlier this year, The Australian Stock Exchange (ASX) announced that…

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Australian Stock Exchange to Implement Blockchain Technology by 2020

Category: Blockchain, Business, Finance, News

Australian Stock Exchange to Implement Blockchain Technology by 2020

The CHESS clearing and settlement system that was being used by the Australian Securities Exchange (ASX) is edging closer to being replaced by a distributed ledger-based option. Paper Details CHESS Replacement The ASX released an 87-page consultation paper which talks about the timeline of the switch and a detailed description of the supported and not-supported functions. The exchange firm primarily…

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