ASX decision will spur corporates to explore blockchain applications: FinTech Australia
By James Harkness · 13 December 2017 · Locked
By James Harkness · 13 December 2017 · Locked
The ASX's revolutionary decision to adopt blockchain technology has sent shockwaves through the industry. But what does this mean for the future of business in Australia?
The decision by the Australian Securities Exchange (ASX) to use distributed ledger technology for its settlement and clearing system for equities transactions has been welcomed by industry association FinTech Australia. Distributed ledger technology developed by Digital Asset will replace CHESS (Clearing House Electronic Subregister System), which ASX currently uses to record shareholdings and manage the […]
Tags: ASX, blockchain, Digital Asset, distributed Ledger, Finance, FinTech Australia, start up