Aussie Conventional Exchange To Implement Blockchain

The largest local stock exchange in Australia is to introduce Blockchain for settlements. It intends to switch to the DLT to improve the present system

Thu, 25/10/2018 - 9:37

Aussie Conventional Exchange To Implement Blockchain

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Speaking about Australia, Bloomberg spreads word that the largest local stock exchange is to introduce Blockchain for settlements. For a very long time, it has been utilizing the Clearing House Electronic Subregister System, but now it intends to switch to the DLT to improve the present system.

Nevertheless, the CEO Peter Hiom does not reckon Blockchain to be outstanding or to be the way to transform the future. Thus, the exchange does not want any hype around the process.

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.