Tag: ASX

ASX Delays its Blockchain Launch due to the Coronavirus Crisis

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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ASX Scrutinized Over Plans To Revamp Infrastructure in Favor of Blockchain

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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ASX-Traded Blockchain Company DigitalX Gains Over 11% In Valuation

When looking at the Google Finance statistics, one often comes across some interesting information. DigitalX Ltd, a company active in the world of blockchain technology, has seen its stocks go up by 11.11% all of a sudden. This is quite noteworthy, considering how the majority of assets and stocks around the world are on the decline. DigitalX Peaks Green In ASX Sea of Red The Australian Stock Exchange has been …
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Standards Australia Submits Blockchain Proposal to International Organization for Standardisation

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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