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.
Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!