ASX Replacing CHESS with Blockchain Technology

https://www.asx.com.au/services/chess-replacement.htm

by Thorentis • 7 years ago

2 1 7 years ago

asx.com.au

pnako• 7 years ago

From TFA:

  Why is ASX replacing CHESS?
  
  While CHESS is a stable and reliable system, it is over 25 years old.

Why yes that sounds like a perfectly valid reason.

  Will ASX give everyone access to the distributed ledger?
  
  No. ASX is not using a publicly available implementation of DLT. ASX will use a permissioned system where ASX clients – that meet the necessary regulatory requirements - are permissioned to access the network, just as they do today when connecting to CHESS.

ASX Replacing CHESS with Blockchain Technology

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