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Australian securities trading platform ASX will launch a blockchain-based settlement system in April 2022

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ASX's new clearing system has been delayed several times

BlockBeats: ASX plans to launch a blockchain-based settlement system in April 2022.


ASX's current "clearing house Electronic Distribution system" has been in use for 25 years. After the plan to replace the old system in 2016, the new settlement system based on blockchain technology has been delayed several times. The last announced launch date was April 2021, and the new date has been delayed for a whole year. (The Block)




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