Blockchain to Settle Trades On Australian Securities Exchange

Announcements, Blockchain, Innovation | December 7, 2017 By:

The Australian Securities Exchange (ASX) will be replacing its Clearing House Electronic Subregister System (CHESS) with distributed ledger technology (DLT), aiming to cut costs for customers.

ASX is Australia’s primary securities exchange. It has an average daily turnover of A$4.685 billion and a market capitalization of around A$1.6 trillion,


R3 Consortium Develops DLT Solution for International Payments

Announcements, Blockchain, FinTech, Group | November 2, 2017 By:

Consortium R3 has developed a blockchain-based system for cross-border payments based on Corda, its distributed ledger technology (DLT) software. The solution prototype will be out by the end of this year.

R3, along with 22 of its member banks, specifically designed the solution to interact with central banking systems’ digital currencies as they are created.


Deloitte Publishes Key Principles for Blockchain Adoption

Blockchain, FinTech | November 2, 2017 By:

Accounting giant Deloitte has published a report that explores key advisory principles essential for blockchain adoption on a global scale.

The authors said blockchain has attracted significant attention in the global financial services community. Researchers and investors are increasingly interested in the transformative and disruptive ability of this technology to facilitate an exchange of value;