Tuesday, September 4, 2018

The Australian Securities Exchange is delaying its blockchain plans until 2021


A few weeks ago, I wrote about the Australian Security Exchange’s (ASX) plans to convert the bulk of its trading activity to a blockchain-based system. In its annual earnings report, it reassured stakeholders that it would save $23 billion a year with new distributed ledger tech (DLT). But it seems it will take much longer than ASX initially thought, as it just announced that it will be delaying the launch. The ASX was meant to have built and deployed one of the largest implementations of blockchain technologies to date, all by 2020. It’s been developing it since January 2016, but in…

This story continues at The Next Web
https://ift.tt/2Q1y1zf support@endlesssupplies.ca (Endless Supplies .Ca) September 04, 2018 at 07:30AM

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