ASX News: Australian Securities Exchange to cut up to 200 jobs from blockchain project - 2nd Dec 2022, 1:53pm

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SYDNEY (Reuters) - The Australian Securities Exchange will cut up to 200 contractors working on a project to replace its main trading platform with so-called blockchain technology after cancelling the overhaul, the company told Reuters.

After announcing plans in 2016 to replace its decades-old platform with distributed ledger technology, which is also referred to as blockchain, the world's 13th-largest stock exchange pulled the project last month citing an independent report which found it was ...

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