The coronavirus crisis has created a lot of logistical problems across different industries. Even companies exploring blockchain ventures are now forced to postpone their venture for the foreseeable future. ASX Is the latest firm to confirm its blockchain project has been postponed. Postponing is the Best Option for ASX This move is not entirely surprising, as the current market conditions don’t allow for it to happen. ASX Is currently re-evaluation …
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Although the blockchain is enjoying a lot of interest right now, there are still a lot of questions regarding its viability. The Australian Securities Exchange Is experimenting with distributed ledger technology right now, In the long run, they will upgrade the entire system by switching to the blockchain. As was to be expected, not everyone agrees this is the best course of action. ASX Will Forge Ahead Despite Criticism When …
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Standards Australia, the country’s standards authority, has submitted a blockchain standards proposal to the Geneva-based International Organization for Standardization (ISO). The Australian body made the request to the ISO to give financial institutions interested in the technology a common framework, which is needed to bring blockchains into the financial system on a global scale. CEO of Standard Australia, Adrian O’connell, told The Australian that there is enough support in the …
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