ASX News: Australian stock exchange says software overhaul won't involve blockchain - 19th May 2023, 1:45pm

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By Byron Kaye

SYDNEY (Reuters) - Australia's stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology, one of the highest-profile repudiations of the once-feted concept best known for powering cryptocurrency.

ASX Ltd frustrated market participants in November by "pausing" a rebuild of its all-in-one trading, settlement and clearing software based on the decentralised computing concept, after an external review found it had to be lar...

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