ASX Considers Blockchain for Fixed-Income Platform
The exchange sees it as a logical development opportunity to make business easier for its customers.
ASX is working with Digital Asset Holdings (DAH) to develop the platform that will replace the Clearing House Equity Subregister System (Chess), based on distributed-ledger technology (DLT). Speaking at the Depository Trust and Clearing Corporation’s Fintech Symposium in New York on March 22, Blythe Masters, CEO at DAH said ASX has talked about its aspiration to similarly replace Austraclear with the platform.
“We’ll see what the timeline is for that and whether the decision is finally taken—it
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