Sydney Stock Exchange Wants a Blockchain Based Equities Market System

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5065
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Sydney Stock Exchange Wants a Blockchain Based Equities Market System

Postby kreslik.news » Wed May 18, 2016 12:42 pm


The Sydney Stock Exchange (SSX) and Bit Trade Labs have established a joint venture to develop a blockchain based equities market settlement and registration system. The firms aim at implementing a blockchain solution within months for private markets network and at early 2018 for the SSX equities market.

SSX Chief Operating Officer David Lawrence said: “We are delighted to be working with an Australian-based innovation company to develop blockchain based solutions for equities markets. As we will be settling our own market, we are not constrained by the recent clearing competition issues facing others seeking to enter the Australian market. This allows us to ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”