Australian securities exchange to use blockchain

With the news about the Bitcoin’s great strides towards 20,000 (at the press time, the price on Coinmarketcap is 16,013 USD), people are starting to forget about a technological invention which greatly contributes to Bitcoin’s reputation: even the most strict critics of Bitcoin usually tell they, while not endorsing the currency, are quite interested in its structure and the possible modifications of the said structure.

This is why the Australian Securities Exchange will implement this technology in its structure. Digital Asset created the blockchain the exchange has become interested with. They probably think that the platform which has received positive comments from both Goldman Sachs and JPMorgan Chase (whose leader infamously called Bitcoin a fraud) is not going to fail.

While this exchange in Australia cannot, like some American exchanges, boast with its age (founded only in 1987), the Digital Asset CEO is still pleased it decided to work with them: “After so much hype surrounding distributed ledger technology, today’s announcement delivers the first meaningful proof that the technology can live up to its potential.”