Aussie Conventional Exchange To Implement Blockchain

  • Yuri Molchan
    📰 News

    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


Aussie Conventional Exchange To Implement Blockchain

 

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.

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

About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

👓 Recommended articles