THE FIRST STOCK EXCHANGE TO ADOPT BLOCKCHAIN

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Blockchain technology, instead of the existing system in stock market commodities. Australian Securities Exchange (ASX) is going the be the first exchange in the world to integrate blockchain technology into its systems. The current system will leave its place to blockchain to provide faster and secure transactions, regarding this, the exchange plans to make partnership with Digital Asset (DA). Blythe Masters, CEO of DA said: ‘’Together, DA and our client ASX have shown that the technology not only works, but can meet the requirements of mission critical financial infrastructure.’’ This attempt shows that Australia will lead the traditional financial sector’s race to understand, experiment with and implement the technology.

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