Saturday , November 2 2024
Home / Dirk Niepelt / Blockchain Based Equity Settlement in Australia

Blockchain Based Equity Settlement in Australia

Summary:
In the FT, Jamie Smyth reports that the Australian Securities Exchange plans to introduce a blockchain based equity clearing and settlement system. ASX will operate the system on a secure private network with known participants. The participants must comply with regulation, according to the ASX, which said its system had nothing to do with blockchain technology deployed by cryptocurrencies such as bitcoin.

Topics:
Dirk Niepelt considers the following as important: , , , , ,

This could be interesting, too:

Marc Chandler writes Eurozone Growth Surprises, Lifts Euro, while UK Budget is Awaited

Marc Chandler writes Continued Backing Up of US Rates Extend the Greenback’s Gains

Fintechnews Switzerland writes 21Shares and Crypto.com Forge Strategic Partnership

Marc Chandler writes Bailey Weighs on Sterling

In the FT, Jamie Smyth reports that the Australian Securities Exchange plans to introduce a blockchain based equity clearing and settlement system.

ASX will operate the system on a secure private network with known participants. The participants must comply with regulation, according to the ASX, which said its system had nothing to do with blockchain technology deployed by cryptocurrencies such as bitcoin.

Dirk Niepelt
Dirk Niepelt is Director of the Study Center Gerzensee and Professor at the University of Bern. A research fellow at the Centre for Economic Policy Research (CEPR, London), CESifo (Munich) research network member and member of the macroeconomic committee of the Verein für Socialpolitik, he served on the board of the Swiss Society of Economics and Statistics and was an invited professor at the University of Lausanne as well as a visiting professor at the Institute for International Economic Studies (IIES) at Stockholm University.

Leave a Reply

Your email address will not be published. Required fields are marked *