The Australian Securities Exchange (ASX) is reportedly considering whether to use Blockchain technology to manage trade risk.
According to the Financial Times, ASX CEO Elmer Funke Kupper said in a recent interview that the exchange, Australia’s largest, is considering an application of the Blockchain as it explores how to go about improving its trading systems.
Funke Kupper told the publication:
“We’re having a very close look at this. The timing is almost perfect. Where Blockchain can make an enormous difference, we’re having a look at whether this is a way to transform our equity markets.”
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