ASX News: IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers - 1st Dec 2022, 7:27am

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The turbulence in the overall cryptocurrency sector following FTX’s collapse this month is well known. What’s gotten less attention, however, is the failure of projects that attempted to use the underlying crypto ledger technology in private, corporate settings, the once-hyped ecosystem known collectively as enterprise blockchain.

This week, TradeLens, a blockchain system built by software firm IBM and closely linked to shipping giant Maersk, announced it was shutting down, citing a l...

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