The Australian Securities Exchange (ASX), will move the settlement and clearing of the $2 trillion Australian cash equities market onto blockchain-inspired technology being developed by a NY start-up.
Stevens said the ASX has been examining DLT for nearly two-and-a-half years, including the last two years with Digital Asset in order to understand its potential application, and has used independent third-party security to review the new technology.
The ASX is now a blockchain stock, of sorts, as it swaps its software over to distributed ledger technology.
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The ASX said previously that the new CHESS trading platform will provide 24-hour OTC clearing and OTC client clearing enhancements that it expects will provide "contemporary" technology and additional functionality. "Together, we look forward to continuing to work with the industry as we finalise the requirements and the roadmap for implementation of the new system".
Apple to Release LCD iPhone With Metal Back Next Year? It would be a shocker if the tech giant confirmed or denied any of the rumored specs or features of the 2018 lineup at this point. Nikkei revealed that the low cost of iPhone would be due to usage of LCD display instead of OLED which is most expensive.
Shire (SHP) Price Target Cut to GBX 3800 by Analysts at HSBC Wall Street is only getting more bullish on the stock, with 14 of analysts who cover SHPG having a buy-equivalent rating. J P Morgan Chase & Co reaffirmed an "overweight" rating on shares of Shire in a research report on Friday, August 4th.
That's why the ASX has been testing distributed ledger technology for the last two years.
ASX managing director and chief executive Dominic Stevens told this morning's briefing that participants will be able to connect in a similar way they do now, with the option to use a new messaging system or directly interact with the distributed ledger.
Day 1 transition is scheduled for late March in 2018.
"After so much hype surrounding distributed ledger technology, today's announcement delivers the first meaningful proof that the technology can live up to its potential", chief executive of Digital Asset HoldingsBlythe Masters said. Proponents tout it as a more efficient and less expensive way to track trades.
The trial saw ANZ and Westpac, in partnership with IBM and shopping centre operator Scentre Group, digitise the bank guarantee process used for commercial property leasing using the blockchain.
This comprehensive guide covers everything you need to know about the innovative blockchain technology that powers Bitcoin, Litecoin, and other cryptocurrencies.
They (the school management) informed that removal (of principal Sharmila Nath ) is a legal term and it requires due process. Parents' representatives, however, stuck to their demands, leading to the compromise statement on Nath being "relieved".
They were the first arrests in the case, in which the government has been accused of both political interference and incompetence. The crime shocked the Mediterranean island and raised concerns among European Union lawmakers about the rule of law there.
While David was her father, Katie was raised primarily by her mother Sherry Williams and stepfather Richard Benedon . Earlier in 2017, David told People that he no longer had a relationship with the actress.
Prosecutor Jared Fishman said the hearing has already gone on for three days and that the Scott family wants to move on. He analyzed the cell phone video of the shooting for the defense and showed blurred still images of the video in court.
Keybank National Association Oh invested 0% in Freeport-McMoRan Inc. (NYSE:FCX) on Friday, September 29 with "Hold" rating. Moreover, Shikiar Asset Mgmt has 0.52% invested in Freeport-McMoRan Inc. (NYSE:FCX) to report earnings on January, 24.
While many residents evacuated for their personal safety, their property was left to burn - as is seen with Murdoch's real estate. The Skirball fire has burned more than 150 acres as Santa Ana winds continue to create risky conditions.
The company reported $0.91 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.85 by $0.06. It has underperformed by 36.27% the S&P500.The move comes after 5 months negative chart setup for the $1.56B company.
Integrated Device Technology now has $3.93B valuation. (IDTI) traded down $0.37 during trading hours on Tuesday, hitting $29.56. Century Mngmt Limited Liability Corporation invested 1.13% of its portfolio in Integrated Device Technology, Inc.
The North American Cup at Lake Louise is run by Alpine Canada, which is the national governing body for the sport. A teammate told CTV News that Burkhart attends school in the United States and was not travelling with the team.
The Crimes of Grindelwald Images
Fantastic Beasts: The Crimes of Grindelwald is being directed by David Yates , from a screenplay by J.K. The first film had a level of whimsy; the characters felt like children in grown-up bodies.
Drowning fears after young boy swept into rip
NSW Ambulance Superintendent of the Mid North Coast David Horseman says rescuers will stop searching until the boy is found. The teenager is believed to be the 11-year-old boy's older brother.