ASX Details Blockchain Strategy in Financial Update
The Australian Securities Exchange (ASX) has revealed new details about its effort to innovate in the Australian equities market with blockchain technology. The ASX is now actively working on a technology transformation programme that will employ blockchain (distributed ledger) technology to potentially replace its equities settlement systems. In its half-yearly results, the group said it incurred AU$18.7m on capital expenditure during the period ending 31st December 2015, compared to $13m in the previous period. That expenditure was primarily spent on the technology transformation program....
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