Blockchain, the technology behind the virtual currency Bitcoin, may soon replace the Australian Securities Exchange’s (ASX) Clearing House Electronic Subregister System (CHESS) clearing and settlement system. As per a report by The Sydney Morning Herald , Managing director Elmer Funke Kupper of the ASX has also said that: “ We have set up our equities post-trade systems as a separate business headed by Cliff Richards, who has just joined us from NAB trade. We […]
