The Australian Securities Exchange has unveiled it is considering the possibility of incorporating the blockchain technology to improve its clearing and settlement system.
The Australian Securities Exchange (ASX) has already granted approval to Monochrome thereby expecting the Cboe to clear the application by June.
The new DLT Settlement System is a replacement for CHESS that will make the clearing and settlement process quick, hassle-free and devoid of counterparty risks.
Venture divisions of Salesforce and Samsung joined a second Series C funding round for a startup called Digital Asset that had already gathered $35 million from investors.
The Australian Securities Exchange (ASX) announced signing a memorandum of understanding (MoU) with Digital Asset (DA) and VMware for the development of its blockchain-based equities clearing.
The ASX is trying to find out more details about BPG which is the first publicly traded firm in Australia that is going to raise funds via ICO.
The technology associated with blockhain has been tested for more than 2 years to prove that it meets all of the requirements of Australia’s stock market and is now ready to become the one of wide use.
The Australian Securities Exchange has unveiled it is considering the possibility of incorporating the blockchain technology to improve its clearing and settlement system.
Bitcoin Group eventually rounds off its IPO next month at the third attempt.