Australian Stock Exchange Says Software Overhaul Will No Longer Involve Blockchain

Australia's stock market operator, ASX Ltd, has announced that it will no longer pursue the rebuilding of its software platform using blockchain technology. The decision comes after an external review found that the project would require significant rework, and ASX stated that it will explore more conventional technology options to achieve its business goals. Reuters reports: ASX frustrated market participants in November by "pausing" a rebuild of its all-in-one trading, settlement and clearing