$23 Billion: Blockchain Pivot to Bring Big Savings for Australia’s Biggest Stock Exchange

$23 Billion: Blockchain Pivot to Bring Big Savings for
Australia’s Biggest Stock Exchange

The Australian Securities Exchange (ASX) has disclosed that millions of dollars in savings could be generated by Australian firms once the exchange migrates from the existing Clearing House Electronic Subregister System (CHESS) to a blockchain technology-based platform. Currently, it is estimated that the average fee that large investors are charged for clearing and settlement services

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Colman Ma
Colman is a technology writer covering gadgets and general tech trends. Colman is a geek at heart and loves anything that has a chip in it.

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