SYDNEY : Australia's stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology, one of the highest-profile repudiations of the once-feted concept best known for powering cryptocurrency.ASX Ltd frustrated market participants in November by 'pausi
SYDNEY : Australia's stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology, one of the highest-profile repudiations of the once-feted concept best known for powering cryptocurrency.
The company has since said it is considering options for another attempt at the rebuild of the 30-year-old software, but at a meeting with participants this week it said it would not involve blockchain or related"distributed ledger technology" . Until now, ASX has said it may resurrect the project using blockchain-based technology developed by New York-based contractor Digital Asset. It has said it will announce a new strategy for the project by year-end.
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